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Retail Analytics In Microsoft Excel Diploma

Retail Analytics In Microsoft Excel Diploma

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Nationally Recognised

Nationally Recognised

Edexcel, NCFE & Open Awards Accredited

Ofqual Regulated

Ofqual Regulated

Recognised Qualification

Accepted by

Accepted by

UK Universities & Employer

Unlimited Tutor Support

Unlimited Tutor Support

Till you complete your exam

Get Result โ€“ Within 6 Working Days

Get Result โ€“ Within 6 Working Days

Book Exam Anytime & Any day

Get 1:1 Live Tutor Support

Get 1:1 Live Tutor Support

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What you will learn from this course?

  • Gain comprehensive knowledge about retail analytics and management
  • Understand the core competencies and principles of retail analytics and management
  • Explore the various areas of weight loss management
  • Know how to apply the skills you acquired from this course in a real-life context
  • Become a confident and expert retail manager

Retail Analytics In Microsoft Excel Diploma Course

Master the skills you need to propel your career forward in Microsoft excel. This course will equip you with the essential knowledge and skillset that will make you a confident office admin and take your career to the next level. This comprehensive retail analytics in Microsoft excel diploma course is designed to help you surpass your professional goals. The skills and knowledge that you will gain through studying this retail analytics in Microsoft excel diploma course will help you get one step closer to your professional aspirations and develop your skills for a rewarding career.

This comprehensive course will teach you the theory of effective Microsoft excel practice and equip you with the essential skills, confidence and competence to assist you in the Microsoft excel industry. Youโ€™ll gain a solid understanding of the core competencies required to drive a successful career in Microsoft excel. This course is designed by industry experts, so you’ll gain knowledge and skills based on the latest expertise and best practices. This extensive course is designed for office admin or for people who are aspiring to specialize in Microsoft excel.

Enroll in this retail analytics in Microsoft excel diploma course today and take the next step towards your personal and professional goals. Earn industry-recognized credentials to demonstrate your new skills and add extra value to your CV that will help you outshine other candidates.

Who is this Course for?

This comprehensive retail analytics in Microsoft excel diploma course is ideal for anyone wishing to boost their career profile or advance their career in this field by gaining a thorough understanding of the subject. Anyone willing to gain extensive knowledge on this Microsoft excel can also take this course.

Whether you are a complete beginner or an aspiring professional, this course will provide you with the necessary skills and professional competence, and open your doors to a wide number of professions within your chosen sector.

Entry Requirements

This retail analytics in Microsoft excel diploma course has no academic prerequisites and is open to students from all academic disciplines. You will, however, need a laptop, desktop, tablet, or smartphone, as well as a reliable internet connection.

Assessment

This retail analytics in Microsoft excel diploma course assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure. Through the MCQs, it is measured how much a learner could grasp from each section. In the assessment pass mark is 60%.

Advance Your Career

This retail analytics in Microsoft excel diploma course will provide you with a fresh opportunity to enter the relevant job market and choose your desired career path. Additionally, you will be able to advance your career, increase your level of competition in your chosen field, and highlight these skills on your resume.

Recognised Accreditation

CPD

CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.

QLS

The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

Course Curriculum

Part 1: Forecasting

Basics of Forecasting

Creating Linear Model with Trendlines

1.1 Getting Data Ready For Regression Model

Gathering Business Knowledge

Data Exploration

The Data and the Data Dictionary

Univariate analysis and EDD

Discriptive Data Analytics in Excel

Outlier Treatment

Identifying and Treating Outliers in Excel

Missing Value Imputation

Identifying and Treating missing values in Excel

Variable Transformation in Excel

Dummy Variable Creation: Handling Qualitative Data

Dummy Variable Creation in Excel

Correlation Analysis

Creating Correlation Matrix in Excel

1.2 Forecasting Using Regression Model

The Problem Statement

Basic Equations and Ordinary Least Squares (OLS) method

Assessing Accuracy Of Predicted Coefficients

Assessing Model Accuracy: RSE and R squared

Creating Simple Linear Regression Model

Multiple Linear Regression

The F โ€“ Statistic

Interpreting results of Categorical variables

Creating Multiple Linear Regression Model

1.3 Handling Special Events Like Holiday Sales

Forecasting In Presence Of Special Events

Excel: Running Linear Regression using Solver

Excel: Including the impact of Special Events

1.4 Identifying Seasonality & Trend for Forecasting

Models to identify Trend & Seasonality

Excel: Additive model to identify Trend & Seasonality

Excel: Multiplicative model to identify Trend & Seasonality

Market Basket Analysis

Market Basket and Lift โ€“ Introduction

Named Ranges โ€“ Excel

Indirect Function โ€“ Excel

2-way lift calculation in Excel

2-Way lift calculation โ€“ Dynamic

2-way Lift Data Table Creation

3-way Lift Calculation

Store Layout Optimization Using Lift Values

RFM (Recency, Frequency, Monetary) Analysis

RFM (recency, frequency, monetary) Analysis

RFM Analysis in Excel- Part 1

RFM Analysis in Excel- Part 2

Part 2: Pricing

Steps of setting a Pricing policy

Different Pricing Objectives

2.1 Estimating Demand

Estimating Demand

Forms of Demand Curve

Excel: Estimating Linear Demand Curve

Excel: Estimating Power Demand curve with Elasticity

Excel: Estimating Power Demand Curve with points

Subjective Demand Curve

Excel: Estimating Subjective Demand Curve

2.3 Evaluating Pricing Strategies

Price Bundling

Types of Bundling

The Bundling Problem

Excel: Solving Bundling problem Part 1

Excel: Solving Bundling problem Part 2

Non-Linear Pricing Strategies

Excel: Solving Bundling problem (Price Reversal)

3.1 Lifetime Customer Value

Lifetime Customer Value โ€“ Key concepts

Lifetime Customer Value โ€“ Excel model

3.2 Variations And Sensitivity Analysis

Sensitivity Analysis in Excel

Variations in finding customer value

Appendix 1: Excel Crash Course

Basics

Worksheet Basics

Entering values and Formulas

Data Handling Basics โ€“ Cut, Copy and Paste

Saving and Printing โ€“ Basics

Basic Formula Operations

Mathematical Formulas

Textual Formulas

Logical Formulas

Date-Time Formulas

Lookup Formulas ( V Lookup, Hlookup, Index-Match )

Data Tools

Formatting Data and Tables

Pivot Tables

Advance Excel- Solver, Data tables

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Course info

Duration

Duration

Accredited by

Accredited by

Tutor Support

Tutor Support

Course Access

Course Access

671 Minutes

CPD UK & QLS

Included

1 Year

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FAQs

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