
Accelerating Growth & Optimizing Inventory for Parke
When Parke exploded onto the fashion scene through viral social media fame, Lata Data Consulting transformed their data into strategic action, optimizing inventory management, enhancing customer experiences, and turning viral momentum into lasting brand loyalty.
Overview:
Parke, a fast-growing clothing brand rapidly gaining traction through viral social media success, faced mounting challenges as they tried to scale operations to meet surging demand. With frequent sell-outs, major website traffic spikes, and an eager—but sometimes frustrated—customer base, Parke needed a data-driven strategy to support its explosive growth in a sustainable way.
By partnering with Lata Data Consulting, Parke was able to harness advanced analytics and strategic insights to transform its business operations, optimize inventory, and deepen customer engagement.
Challenges:
Inventory Management: Frequent stockouts from underestimating demand during viral product drops.
Customer Experience: High cart abandonment rates due to inventory shortages
Revenue Opportunities: Lost potential revenue and customer frustration from inability to meet high demand.
Engagement & Retention: Maintaining consistent customer interest and brand loyalty between high-demand product drops.
Solutions Provided by Lata Data:
Comprehensive Performance Analytics:
Delivered quarterly performance reports highlighting sales trends, customer insights, and social media analytics.
Identified highest-performing products, top customer regions, and critical customer segments (e.g., VIP, recent/light).
Demand Forecasting & Inventory Optimization:
Developed a custom forecasting model ("Quantity Ordered Estimator") leveraging historical sales data and website traffic patterns using BigQuery ML regression modeling.
Provided proactive recommendations for inventory adjustments, enabling Parke to significantly reduce stockouts and better meet customer demand.
Real-Time Data Dashboard:
Implemented a Looker Studio dashboard consolidating sales data, customer behavior metrics, and real-time social media performance.
Enabled Parke to monitor daily performance, identify immediate opportunities, and swiftly respond to market trends.
Results:
Smarter Demand Planning: With forecasting tied to actual sales behavior and web traffic, Parke was better equipped to plan product launches and restocks with confidence.
Regional Growth Opportunities: By understanding which areas had the highest demand, Parke was able to focus marketing efforts geographically and better serve key markets
Quicker, More Confident Decisions: The real-time dashboard empowered the team to spot performance shifts, track campaign effectiveness, and make day-to-day decisions with ease and clarity — no more flying blind.
More Targeted Marketing: Customer insights helped the team fine-tune their email and marketing strategies, leading to more relevant messaging and stronger engagement, particularly among high-value customer segments.
Key Takeaways:
Data-driven strategies empowered Parke to move beyond guesswork, refining their brand messaging and strengthening their community.
Strategic, analytics-backed inventory management allowed Parke to turn high demand into maximized profitability, increasing customer satisfaction and loyalty.
Real-time dashboards provided Parke with actionable, daily insights into their business, enabling rapid, informed decision-making to continuously optimize their growth strategy.
Why Choose Lata Data?
Lata Data Consulting specializes in transforming raw data into strategic action, empowering emerging brands like Parke to unlock growth through creative, innovative, and precise data analytics. With tailored solutions across competitive analysis, e-commerce optimization, customer insights, demand forecasting, and social media analytics, Lata Data is uniquely positioned to support fast-growing, trend-focused brands in achieving sustainable, profitable expansion.