Viz IQ: Advanced Supply Chain Analytics for Shopify Brands

Sure, let's break it down into the steps specified.

Step 1: Rewrite the Script into an Article Using Markdown Syntax

Introduction

Hi everyone, I'm Jeremy, here to talk to you about Heft IQ, a revolutionary analytics platform for brands that smooths out the operational part of your day, every day.

How to Install the Shopify App

To install the Shopify app, go to the Shopify App Store and search for "Viz IQ." Once you've found the app, click on "Add app" and follow the prompts to install it on your store.

The Home Page

The first page of the Viz IQ app is the home page, where you'll find a quick snapshot of all the important metrics for your store. From here, you can quickly see how your store is performing over time. We will also list new features.

On the left is the Viz IQ app with menu items for Order Analytics and Inventory Analytics.

Order Analytics

Your Order Analytics gives you the power to never lose track of important order flows again. Order velocity shows you total orders, total orders per month, and per day. You can click on a specific month on the bar graph and drill down to see the exact products. You can also filter by state, city, and product to get directly to the data you need.

Your Order Analytics also gives you the capability to understand where your demand is coming from geographically and where you may need to contract warehouse fulfillment to reduce shipping costs to your customers. Click on "Quantity Ordered by Brand" and see the order count by location and the order quantity per shipment.

High shipping costs can create up to 49% cart abandonment, so it's important to keep an eye on this. Keeping an eye on the shipping method your customer chooses is super important in understanding which carrier you should use for shipping. It allows you to determine if you should switch shipping options, use a different shipping carrier, or use a third-party shipping option.

Remember, up to 40% of cart abandonment happens because of high shipping costs.

Inventory Analytics

The Inventory Analytics page gives you the power to understand your total inventory count, total product count, and how many locations you are doing fulfillment out of at a glance. Clicking on a column allows you to see the exact products you are running low on. It also shows you fast-moving products so you never run out of product and slow-moving products that you may want to offer discounts on to reduce your inventory.

Remember, we're here to let you focus on marketing. Heft IQ: Let us do the heavy lifting.

Step 2: Extract Keywords

Keywords

Heft IQ
Shopify App
Order Analytics
Inventory Analytics
Shipping Costs
Cart Abandonment
Warehouse Fulfillment
Product Count
Shipping Method
Fast-moving Products
Slow-moving Products

Step 3: Generate FAQs

FAQ

Q: What is Heft IQ? A: Heft IQ is a revolutionary analytics platform for brands that helps streamline the operational part of your day-to-day activities.

Q: How do I install the Shopify app? A: Go to the Shopify App Store, search for "Viz IQ," click on "Add App," and follow the prompts to install it.

Q: What kind of analytics does Viz IQ provide? A: Viz IQ provides Order Analytics and Inventory Analytics.

Q: What data can I see on the Order Analytics page? A: You can see total orders, order velocity, order count by location, and order quantity per shipment.

Q: Why is monitoring shipping costs important? A: High shipping costs can result in up to 49% cart abandonment, making it crucial to keep an eye on this.

Q: What can I find on the Inventory Analytics page? A: You can understand your total inventory count, total product count, and see which products are fast or slow-moving.

Q: What issues can Viz IQ help resolve? A: Viz IQ can help with understanding geographical demand, optimizing shipping methods, avoiding product stockouts, and managing slow-moving inventory.