The Product Master is a component of the [basic-code] ™ Sales Analysis and Forecasting System. It enables e-commerce businesses to organize and classify their data easily and efficiently, allowing them to gain powerful insight into their businesses through sales analysis and forecasting.
The #1 requirement for good forecasting and sales analysis is good data. At [basic-code] ™, the first thing we do for our clients is help them clean and organize their data. Quality forecasting and analysis can only be achieved if a business’ data is clean and organized. Otherwise, it’s “garbage in, garbage out”. By cleaning the data, we ensure the data is accurate, complete, and not duplicated. We provide our clients with a template to ensure that all vital information is provided and is clean. This information is then entered in to the [basic-code] ™ Product Master.
The [basic-code] ™ Product Master allows merchants to assign a hierarchy and attributes to each product. A hierarchy is the organization of products, similar to a family tree, where there is a “Parent” with one or more “children” underneath. For example, an e-commerce store may have an Apparel division, with a Women’s Department and a Men’s Department underneath Apparel. There may be Classifications of Outerwear, Tops and Bottoms underneath Women’s. The Hierarchy is unique to each individual business. Attributes are the selling features that are important to the business. For example, attributes could be seasonality, size, color, and style. By assigning attributes, store owners can slice and dice their data to get great analysis into what is and what isn’t working and gain valuable insights into how to maximize their business.
After the initial upload of the Product Master is complete, [basic-code] ™ clients are able to add new items to the assortment. Our easy-to-use Product Master ensures that all Hierarchy and Attribute information is complete and accurate. The ability to copy hierarchy and attribute information across items in the same Product family creates efficiency for the users. By keeping the Product Master up-to-date with all the items in the Product Assortment, our clients can achieve insightful analysis by using their data.
Contact us today for an evaluation and pricing! https://basic-code.com/shopify-services/