Startup Idea: Sales Trend Analysis Software for Small Businesses

Startup idea to develop an affordable software targeted at small businesses, intended to capture and analyze sales metrics. The software should provide detailed insights on the best selling products or services, their peak selling times, and enable conducting promotion effectiveness comparative analysis. It should also present data in an easily understandable graphical format, without the need for financial or marketing expertise.

As a small business owner there are a few software packages that help with managing finances but very few affordable options when it comes to capturing metrics as to which products and services sell best and when.

It would be helpful to track sales trends and be able to organize specifically by month, week, day, or even by hours in the day. Analysis of the trends would help with pricing and which services or products should be more heavily pushed and when. Collecting such data should also allow simple comparison if different tactics were tried. For example how many sales of product X were sold on last Tuesday from 10-2 compared to this Thursday from 10-2 while running different promotion to see the effectiveness of the promotion for the specific product or of it had any unintended sales impact on other products.

These reports should be graphic based and simple to followfor anyone with out financial or marketing experience.

As mentioned in your criteria, I don't care about managing inventory. I have other software for that. I'd like to know sales trends specifically and to be able to run simple correlation reports from that data.

Thanks and good luck!. Using access DB or excel now and requires too much manual work.