Retail Business Industry Template
Retailing, the selling of merchandise and certain services to consumers ordinarily involves selling goods or services to a large number of customers. However, today, retailers are pivoting to provide more payment offerings, fulfillment models, and ways to adapt to the demands of today’s new consumer. This template addresses retail purchases, seamless returns, personalized services, understanding buyer preferences, and consumer behavior.
The short video below describes the project web portal and walks you through an example of one of our industry templates. Take a look.
Benefits of using industry project templates:
Project transparency - readily share and discuss your project
Recompose business models and reuse them.
Standardize common vocabularies, ontologies, and glossaries.
Catalog data relevant to your project goals and within the proper context.
Reuse industry template definitions across your future projects.
Templates enable you to level-set your project strategy - saving you time and money and drive your strategy to execution (i.e., increase revenue, streamline operations, launch a new product). Within a few seconds of establishing an account (free), you are able to take advantage of the following:
You get a 360° view of your project
Enterprise Strategy and Knowledge Management
The image below is from the Enterprise Architecture Center of Excellence (EACOE)
The template comes with a 360° view of people, data, processes, and technology necessary for you to execute your strategy. By combining these assets and resources, you are better able to gain a competitive advantage and gaining insight into your strategy.
These insights are actionable in that they are linked directly to your project goals and objectives.
Examples of insights may include:
- Seeing which product categories generate the most revenue
- How shipping costs affect customer purchases
- Which promotions are the most effective