Learn how to leverage Spend Insights in Almanac Dashboards to analyze market trends and optimize retail performance.
Overview
Spend Insights is a premium feature in Almanac that lets you benchmark your store performance against market-level sales and transaction trends. By integrating this data into Dashboards, you gain deeper visibility into consumer behavior and local demand.
When to Use Spend in Dashboards
- Identifying demand shifts across markets and stores
- Supporting strategic decisions with localized transaction data
- Contextualizing store visits against purchase behavior
How to Add Spend to a Dashboard Comparison
- Go to the Dashboard tab.
- Click Create new comparison.
- Select Market Spend as the comparison type.
- Choose either Transactions or Sales as your data type.
- Search and select an Industry (e.g., “Total Apparel”).
- Press Apply to load the data.
Interpreting Spend Insights
- Spend data appears as new columns in your dashboard (e.g., “Total Apparel – Transactions”).
- Index values are used instead of raw transaction counts for privacy.
- A tooltip explains each index when you hover over it.
- Use horizontal scroll to view all columns.
Tips for Making the Most of Spend Data
- Sort by transaction volume to identify reliable markets with active data.
- Use store vs. market trends to spot emerging opportunities or issues.
- Export data and overlay your internal KPIs for a comprehensive performance view.
Limitations and Considerations
Note: Spend data is not available for every store or market. It depends on Mastercard's criteria (e.g., minimum number of stores or transactions).
Lag Time: Spend data is updated with a 1–3 week delay, making it ideal for macro trend analysis rather than real-time reporting.
Use Cases
- Inventory Planning: Shift stock based on market demand signals.
- Lease Evaluation: Identify underperforming areas using real spend data.
- Executive Reporting: Differentiate between internal issues and external market changes.