Introducing the MAO Method
Making your data work for you isn't easy, but with the right approach & support, it can be done.
The Small Data Store has a 3-pronged approach, the MAO method, to unlock significant value. Surprisingly, it's the same as that for organised retail & e-commerce companies!
Measure
Measure all in-store transaction data.
Aggregate
Merge data across stores based on unified data structures.
Organise
Implement best-practices of organised retail to unorganised retail.
Measure
Measurement means making a record of all operations and transactions conducted in-store. Most businesses are doing this in some way already. Doing this in a standardised, structured & organised way allows businesses to make better decisions, reduce losses and increase profits.
The Small Data Store tackles the measurement challenge with:
-
Samay:
-
it’s an app - the key interface between shopkeeper & TsDS
-
it’s lite, simple and easy to use
-
it records all in-store transactions (sales, purchase, customer, supplier, employee, dues, credits)
-
it works the same on your phone (Android or iOS) and laptop (Windows or MacOS)
-
it’s available for all your employees (no extra charges) (different access levels)
-
it delivers small data/ jaankaari about your business to you in a simple & easy manner
-
-
UIM (Universal Item Master):
-
the language of trade is money & products. Money already has a standard definition, the Rupee that everyone understands. The UIM is the standard definition for all the products that you trade in
-
it’s a pre-defined list of products that are sold in the market
-
we have loaded more than 10,000 items already. We’re on track to add a million more. You can add your own in case we missed something
-
this is the foundation of our entire system - saving you time, and giving structure to the unorganised retail sector
-
Measure (step 1) will help you with:
-
Inventory management
-
Sales prediction
-
Accounting
-
Staff management
-
Pricing strategy
-
Promo effectiveness... and many more
This is social saas. Reimagined for Bharat. Empowering Bharat.
Aggregate means find a common language, a structure and a method to madness for capturing data, so that it can be aggregated across stores.
Aggregate
The UIM gives us structure, and Samay gives us volume.
By merging data across stores, we derive use cases to benefit the entire ecosystem - including distributors, wholesalers, MSME manufacturers and logistics service providers.
​
The benefits are endless:
-
Access to market data - what is selling where
-
Local shops become advertising hotspots
-
Connect with more customers & suppliers
-
Engage local delivery partners
​
All this is done by protecting the interest of the shop:
-
Contribute only the data that you want to
-
Gain access to information beyond your own shop - learn more about your own market and even new markets!
-
Make your data earn for you
​
Aggregating data means we're stronger when we're together. Naye tareeke se laaye nayi amdani...
This is the data cooperative. Reimagined for Bharat. Empowering Bharat.
Organise
Organise means using the learnings and best-practices of organised retail and e-commerce to bring the same value to the unorganised sector. Giving them a fighting chance to compete in this new world.
The benefit of Step 1 (Measure) is that it helps you:
-
improve your business,
-
make it more efficient,
-
reduce wastage/ pilferage/ losses,
-
and identify opportunities.
The benefit of Step 2 (Aggregate) is:
-
it generates new revenue streams for you,
-
makes your store more valuable than it is,
-
and provides market level insights for you to take advantage of.
Step 3 (Organise) elevates your store to the same level of organised retail and e-commerce players. At this stage, you get dedicated consultants to guide you and your store to be as modern, efficient and intelligent as any big world class company. No, this doesn’t mean that your store name will change or you start looking like a franchise of a big company. It just means that you have the power of data science and technology at your disposal.
​