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Retail: Insights - By Day and Time
Retail: Insights - By Day and Time

Sales reports to help analyze revenue, orders, and trends by day and hour, aiding business decisions and optimization

Chris avatar
Written by Chris
Updated over a week ago

The Sales By Day and Time report offers comprehensive visualizations to help businesses review sales trends for specific days and times. This report provides valuable insights for owners and managers, aiding in the analysis of sales performance, making informed decisions, and optimizing strategies. Here's an overview of the key components within the report:

Statistics by Day of Week

The Statistics by Day of Week chart displays data on sales-related metrics based on the days of the week. This information includes the following columns:

Day - Specifies the day of the week, ranging from Monday to Sunday.

Avg Revenue $ / Day - Indicates the average daily revenue generated on each specific day of the week.

Avg Order $ - Displays the average order value for each day, indicating the average amount customers spend on an order.

Orders/Day - Shows the number of orders processed on each day of the week, giving insight into the volume of sales.

% of Orders w/ Discount - This column of data represents the percentage of orders that include a discount on each day. It indicates the proportion of discounted orders.

Discount % - This column shows the average discount percentage applied to orders on each specific day of the week.

Gross Margin % - This column indicates the gross margin percentage, which represents the profitability of sales after accounting for the cost of goods sold.

Avg Profit $ / Day - This column displays the average daily profit generated on each day of the week, providing insight into the profitability of sales after expenses.

The Statistics by Day of Week report serves as a valuable tool for businesses to assess and compare sales performance across different days of the week, considering revenue, order values, discount usage, gross margin, and profit.

Statistics by Hour of Day

The Statistics by Hour of Day report provides detailed information on sales-related metrics based on different hours of the day. While similar to the "Statistics by Day of Week" report, this one focuses on breaking down sales trends by hours in the day. The key components in this report are:

Hour - Specifies the hour of the day in a 12-hour format.

Avg Revenue $ / Day - This column indicates the average daily revenue generated during the specified hour. It represents the average income earned in each hour.

Avg Order $ - This column displays the average order value for each hour, indicating the average amount customers spend on an order during that specific time.

Orders/Day - This column shows the number of orders processed per day during the specified hour, giving insight into the volume of sales for that time period.

Percent of Orders w/ Discount - This column represents the percentage of orders that include a discount during the specified hour. It indicates the proportion of discounted orders for that hour.

Discount % - This column shows the average discount percentage applied to orders during the specified hour.

Gross Margin % - This column indicates the gross margin percentage for the specified hour, which represents the profitability of sales after accounting for the cost of goods sold.

Avg Profit $ / Day - This column displays the average daily profit generated during the specified hour, providing insight into the profitability of sales during that time after expenses.

The Statistics by Hour of Day report is a valuable resource for optimizing staff schedules, marketing efforts, and inventory management based on sales patterns throughout the day.

Items/Days by Category and Hour

The Item/Days by Category and Hour data set provides information on the number of items sold in different categories (e.g., Concentrate, Edible, Flower) at various hours of the day. This data is organized as follows:

  • Category Type: Represents the product categories being sold.

  • Sales Hour: Indicates the hour of the day when the sales data is recorded.

  • # Items/Day: Represents the number of items sold in the corresponding category and hour, providing insights into the sales volume for each product category at a specific hour of the day.

This data set is invaluable for tracking and analyzing the sales of different product categories over the course of the day, helping businesses understand sales patterns, peak hours, and the popularity of product categories at different times.

Number of Orders per Hour by Day of the Week

The Number of Orders per Hour by Day of the Week report provides information on the number of orders made during different hours of the day for each day of the week. The report includes the following components:

Sales Day of Week - Indicates the days of the week, from Monday to Sunday.

Sales Hour - Specifies the hour of the day in a 12-hour format.

Number of Orders/Day - This represents the number of orders placed at the corresponding hour on the specified day of the week, offering insights into order volume for each hour and day.

This report is a valuable resource for analyzing and understanding patterns in order volume throughout the day and across different days of the week. It can assist businesses in identifying peak order times, optimizing staffing, and managing inventory and delivery schedules more effectively.

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