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Lowestoft Vision is pleased to announce that we have entered into a partnership with Mendo RetailPlanet to provide a system which will enable businesses to track sales data.
For individual business owners, RetailPlanet provides access to a dynamic sales index, where they can see how other groups of businesses are performing on a business category and street level, both in their own local area and in other parts of the UK and abroad.
Whether it is assessing the effect of roadworks on retailers, planning an event to increase local retail turnover or just comparing oneself with other similar locations & retail businesses, RetailPlanet makes it easy to collate and report this information.
RetailPlanet is available on Desktop or app format and only takes 10 minutes each week to enter sales data. All entered data is secure and no other business will be able to view another’s sales details. However all information will be filtered to provide an overall sales figure for the town. If we have more than three businesses in a sector or section of the town centre we can create bench marking details in these areas.
Darren Newman, Lowestoft Vision BID Manager said “RetailPlanet will not only provide businesses with key information around sales but also data which we can use as a town to evaluate events and town marketing.
“Lowestoft Vision is providing the system free of charge to all BID members and would encourage all businesses to take part in this opportunity."