Value Drive & Business Benefit Summary

Generate $1.43B* in Revenue (minimum) associated with

$90.6M Net Profit

See use cases >>>
See use cases >>>
See use cases >>>

Through the implementation of Floor & Decor SMART STORE Cisco Meraki Smart Cameras & WiFi analytics, our analysis has identified and calculated the benefits associated with three key value drivers that, over a 7-year period, would:

Create Operational Savings of $15.9M associated with

Connected Customer Experience

Video Analytics Impacts
Camera + Wifi Benefits

Loss Prevention Shrinkage Reduction

Internal & External Theft
Employee Fraud

Operations & Management Smart Cameras

Access-Share-Execute on Video footage Cloud based capabilities

Reduce Theft by $36.8M associated with

By clicking on the “See use cases >>>” icon, you can review the use cases evaluated in this study.

What will also be be uncovered in the hyperlink is additional use cases (not covered in this study) that could be evaluated and analyzed to demonstrate even greater value (and a higher ROI) for implementing a coordinated Meraki Wifi and Camera Retail Solution.

Connected Customer Experience

Revenue Generation

The solution enables substantial revenue growth through four key drivers:

  • First-Party Data Collection via Wi-Fi emails enables targeted marketing and personalized campaigns
  • Camera Intelligence optimizes store layouts and enhances employee engagement through customer behavior insights
  • Dynamic Signage deployment informed by analytics drives purchase decisions
  • Improved customer experience leading to a 14-point NPS increase among male prosumers

An example of use cases not included in this study that could provide the opportunity to substantially increase the ROI are:

  1. Credit card application & enrollment conversion optimization
  2. Enhanced cross-sell/upsell through real-time customer behavior analysis
  3. Pro customer identification and specialized service routing
  4. Increased PRO Rewards Enrollment (.1 to .5%)
  5. Design center consultation optimization
  6. Inventory management improvements
  7. Installation service attachment rate increases
  8. Additional analyses on customer dwell time optimization in high-value areas
  9. Cart abandonment reduction through targeted associate engagement
  10. Additional increase in NPS

Operations & Management | Meraki Smart Cameras

Operations & Management | Meraki Smart Cameras

The transition from traditional on-premises systems to Meraki Smart Cameras yields operational benefits including:

  • Reduced labor costs through simplified deployment and management
  • Up to 75% savings in maintenance costs
  • 98% time savings in accessing and sharing video footage
  • 50% reduction in manager time spent on video-related tasks

An example of use cases not included in this study that could provide the opportunity to substantially increase the ROI are:

  1. Single Pane of Glass for all IT & Operations Use Cases across Routing, Switching, Network Security, Wifi, and Cameras and future benefits (intelligent IoT across facilities, IT, employee intelligence, threat identification)
  2. Staffing optimization – Headcount
  3. Power Savings
  4. Improved Employee NPS

Loss Prevention | Shrinkage Reduction

Reduced Theft

The smart camera system delivers significant loss reduction through:

  • Enhanced external theft and shoplifting prevention
  • Reduced employee theft
  • Advanced AI analytics correlating camera and POS data to identify suspicious transactions

An example of use cases not included in this study that could provide the opportunity to substantially increase the ROI are:

  1. Proactive identification of high propensity criminals (via behavior, license plate ID, BI integration)
  2. Violent act triage and identification