Typically, when you think “analytics” you think “big data,” and when you think “big data” you think enterprises and medium-sized businesses. The idea is that analytics software needs a great deal of data from which to derive insights on trends. However, small businesses can and should use automation and analytics tools. The reasons are simple: automation saves time, and analytics software can thrive on small datasets that are highly relevant. It’s better to have a limited amount of relevant, proprietary data regarding a single issue than it is to have a ton of data with irrelevant, bad data in the mix.
In 2019, startups will understand the value of their proprietary data and will use analytics and automation tools to compete at capturing niche audiences. If you’re a small business owner, you’ll discover that 2019 is the year to take your business to the next level in the following ways:
They’ll Use Inventory Management and Analytics to Drive Remote Sales
Small businesses can tackle inventory management in a brand new way: they can store inventory in a climate-controlled storage space wherever one is available in the country. Then, they can tag it, scan it into an inventory management software that tracks location, and …