Basket Overview

Overview 

The Basket Overview Dashboard provides insights into transaction-level trends across the cannabis market, including analysis by states, categories, and daily store performance. This dashboard allows brands, producers, and retail managers to develop strategies for cross-selling, up-selling, and maximizing overall store and brand sales. 

 

Key Metrics Available 

  • State-Level Metrics
    • Total Basket Size: Average total sales per transaction (basket). 
    • Daily Baskets per Store: Number of daily baskets (transactions) per store. 
    • State-Wide Basket Overview: Aggregate view of basket size and frequency across states. 
  • Category-Level Metrics
    • Basket Size by Category: Average transaction size across categories (e.g., Flower, Vape, Edibles). 
    • Basket Penetration: Percentage of transactions containing products from each category. 
  • Trended Metrics
    • Daily Baskets per Store Over Time: Trend of baskets per store aggregated by day, week, month, quarter, or year. 
    • Total Basket Size Trends: Monitor average basket size changes over time. 
  • Product and Attribute Filters
    • Category Levels: Drill down into Category Level 1 through Level 5. 
    • Strain, Item Weight, THC/CBD Ranges: Filter basket metrics based on product attributes. 
    • Cannabinoid Mix & Live Extract: Focus on specific product formulations. 

 

Insights 

  • State-Level Basket Trends: Identify states with the highest basket sizes and transaction frequency to prioritize growth opportunities. 
  • Category Basket Performance: Assess category-level contributions to total basket size and penetration. 
  • Basket Penetration: Determine which product categories are most commonly included in transactions and cross-selling opportunities. 
  • Trended Basket Size: Track how average transaction sizes evolve over time and across states. 
  • Daily Store Metrics: Compare basket performance on a per-store basis to identify high-performing locations. 

 

Pro Tips 

  • Use Category Basket Penetration to identify opportunities for up-selling and cross-selling products. 
  • Analyze trended daily baskets to optimize store operations and promotional timing. 
  • Combine THC/CBD filters with basket size data to evaluate demand for specific product attributes. 

 

Support 

For additional help or tutorials, access the Metric Glossary & Video Tutorials link available within the dashboard.