Business · Companies · 2 hrs ago

Naver Pay launches free sales analysis service for some small businesses

Naver Pay launches free sales analysis service for some small businesses

Naver Pay has opened a beta sales analysis service for offline food and drink businesses in South Korea.

The free service is available to merchants who use Npay Connect payment terminals and Naver Place Plus.

It shows hourly sales and delivery order trends, with store figures compared against the previous week or average for that day of the week.

Merchants can also compare sales across their neighborhood, district and the country to see whether changes reflect wider market trends.

The service compares stores with similar businesses on payment counts and average spending, and shows customer age and gender patterns.

This information may help business owners understand their local market and plan marketing.

Naver Pay plans to expand the analysis during and after the beta, adding information such as customer interest and store competitiveness.

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