business optimization through real-time insights for retailers

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Retail’s BIG Show 2017 | #nrf17 Retail’s BIG Show 2017 | #nrf17 Business Optimization Through Real-Time Insights for Retailers TREVOR HEINER, Dir,. Business Planning and Analytics, Express Locations JEFF SATO, Dir., BI, The Honest Company PAUL WEISKOPF, SVP, Corporate Development, Domo

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Page 1: Business Optimization Through Real-Time Insights for Retailers

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f17 Business Optimization Through

Real-Time Insights for RetailersTREVOR HEINER, Dir,. Business Planning and Analytics, Express Locations

JEFF SATO, Dir., BI, The Honest CompanyPAUL WEISKOPF, SVP, Corporate Development, Domo

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Mission

Optimize your business in real time by connecting you to the data and people you need to improve business results.

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MARKETING SALES OPERATIO

NS ITFINANCE SERVICES

ANALYSTSFUNCTION

AL SPECIALIST

S

BUSINESS MANAGER

SEVERY

EMPLOYEECXOSIT

Domo’s platform for business optimization transforms every functional area

Built for all users

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Pain Points for Retailers

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Relevant data

Access the most relevant data to identify business

opportunities faster

Customizable platformCustomize Domo

to reveal your strategic

opportunities

Social insightsMake faster

better decisions

across your organization

Real-time optimizatio

nStay ahead of your competition

and optimize your business in

real time

How Domo Delivers

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Domo Knows Retail

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How The Honest Company Uses Domo For Real-Time Insights

JEFF SATO DIRECTOR, DATA SOLUTIONS

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The Honest Company

The Honest Company passionately believes in creating effective, beautiful, convenient, and affordable products for babies and homes

• 5 verticals: Baby & Kids, Home Care, Personal Care, Vitamins & Supplements, Beauty

• 100+ products• Omni-Channel

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Omni-Channel DataE-commerce Wholesale

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Pre-Domo Pain Points• Data Silos

• Hard to gain holistic view of business

• Lack of collaboration around data

• Real-time insights next to impossible

• Reactive not proactive

• Inefficient use of analyst resources

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Domo Solution

• All of our data in one place

• Holistic picture of the business

• Easy to share data across teams

• Timely insights

• Actionable insights

• Analysts focus on analyzing data

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Live Demo

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Store Level ‘Systems of Success’• Store Managers are expected to execute on daily routines and

behaviors that lead to success on the sales floor• One critical component is a daily coaching conversation with

each sales representative before he or she begins a shift• Review prior day successes / failures• Identify area of opportunity• Set goals and a plan for how to achieve

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Daily Coaching Conversation - Before Domo• Store Manager retrieves performance data each morning from a

spreadsheet with sales results updated through prior day• 10-15 minutes

Manager Instructions

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Daily Coaching Conversation - Using Domo• Personalized performance

data available anytime or anywhere using mobile application• Automatic updates• Visualizations tell the story• Eliminated spreadsheets

from retail stores

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f17 • Group messaging and communication took on many forms

Messaging/Communication - Before Domo

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f17 • Teams can collaborate or

communicate in public channels or in private chats• Conversation happens in the

same location where critical business data is found• Mobile and desktop ready

Messaging/Communication – Using Domo

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Efficiencies and Benefits• Employee time/efficiency (eliminated daily report preparation)• Sales teams are focused on the metrics that matter most and

driving improved performance results on these visible metrics• Noticeable improvement in knowledge transfer of metrics to

sales team• Visualizations make the metrics easier to communicate and understand

• Centralized communication tool – Domo Buzz

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+

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Thanks.