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The Future of Retail and AI

Retail TouchPoints

When Amazon Go launched in 2018, critics claimed that it would take more than a decade for autonomous retail to catch on. Over the course of 2020, retailers increasingly turned to AI-driven technology to optimize their operations and better understand their customers.

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Holiday Shopping in the New Normal

Retail TouchPoints

billion from 2018, totaling $9.4 In 2018, J.Crew experienced a lengthy website outage due to high traffic during its Black Friday sale that prevented shoppers from adding items to their cart. As a result, online sales have grown consistently during the holidays. In 2019, Black Friday online sales totaled $5.4

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Say Goodbye to Third-Party Cookies: Market Research is Here

Retail TouchPoints

Due in large part to recently implemented regulations — such as the California Consumer Privacy Act of 2018 — the use of third-party cookies and identifiers is under fire. At the very least, you’ll put revenue and customer retention at risk. The Primary Challenge of Third-Party Cookies Let’s start here.

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Retail Innovation Conference & Expo 2024: The Latest News on Sessions, Speakers & Experiences

Retail TouchPoints

Community If you’re tasked with customer retention and loyalty and are trying to uncover new ways to cultivate community, then this track is for you. How Home Depot is Differentiating its Retail Media Strategy The retail media landscape is evolving at a rapid pace, but The Home Depot was an early adopter in 2018.

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Service Provider Digital Initiatives Drive Sustainable Business Value

Cisco Retail

In 2018, IDC developed the Service Provider Digital Maturity Index to define five levels of SP digital maturity. As SPs embarked on their digital journey, there were three key common business outcomes that all SPs were trying to achieve: improved customer experience, revenue growth/profitability, and development of new sources of revenue.

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Will inflation see a surge in supermarket loyalty schemes in the UK?

365 Retail

In fact, the study reported a 15% decline in supermarket memberships between 2018 and 2022. . Customer retention. What are the pros and cons to offering a loyalty scheme? The benefits of loyalty programs include: . Increased profitability through behavior based offers to higher margin categories.

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How to SEDUCE Your Customers

Hyken

How can companies improve employee experiences for better customer experiences? How can companies design experiences to enhance customer retention and acquisition? A happy and satisfied workforce leads to a better customer service experience. Why is paying attention to market and competition crucial for businesses?