B
Evidence Grade B
Graded
under review
Safe to Cite
Dated
60%
60% -- operating margin increase potential for Retailers exploiting data analytics at scale (2021)
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
60%
Unit
Percentage
Data Vintage
2021
Entity
Geography
Global
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
35
Freshness
95
Source
McKinsey & Company (McKinsey Global Institute)
Primary
Tier B
https://www.retailinsight.io/data-in-retail?hsCtaTracking=a17c2fbe-d9da-4a1d-b38c-6d65a5a0ff24|c6f… ↗
Source Article
Data in Retail: Transforming In-Store Performance | Retail Insight
Data in retail: Transforming in-store performance
About this whitepaper
In this whitepaper, we explore how data analytics can help you improve productivity, drive up sales, and make better business decisions.
Discover:
- Why retailers struggle to get actionable insights from data
- The benefits of a…
Original Research
McKinsey & Company (McKinsey Global Institute)
· Original study ↗
Methodology
McKinsey Global Insight estimate cited in Retail Insight whitepaper: retailers scaling data analytics organization-wide could increase operating margins by more than 60% ('more than 60%' → 60 extracted). Commonly cited as ROI benchmark for retail analytics/marketing-technology investment.
Methodology documented
Segmentation
IndustryRetail
RegionGlobal
Cite this stat
Plain Text
Retailers exploiting data analytics at scale: 60% operating margin increase potential. Source: McKinsey & Company (McKinsey Global Institute) (2021). Via Lighthouse Intelligence -- https://lighthousedata.io/data/retail-analytics-operating-margin-uplift
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<blockquote cite="https://lighthousedata.io/data/retail-analytics-operating-margin-uplift" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>60%</strong> -- operating margin increase potential for Retailers exploiting data analytics at scale<br><small>Source: McKinsey & Company (McKinsey Global Institute) (2021) · <a href="https://lighthousedata.io/data/retail-analytics-operating-margin-uplift" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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