What revenue can I expect from a new sales point at location X, and what would be the impact on my existing sales points?
Client Question
Project workflow
Phase 1: Business Understanding
Meetings with the retail's manager to understand the business, the profil of their clients and their competitors.
Phase 2: Data Preparation
Collection of internal and external data to the company for the prediction model. Preparation of these sources for the algorithm.
Phase 3: Predictive model development
Identification of the predictive variables and their weights, as well as the predictive algorithm. Training and testing of the model and intepretation of the final results.
Phase 4: Results reporting
Reporting of the predicted sales and the main explanatory variables.
Phase 5: Results Delivery
Results presentation to the clients.
Technology Stack
