Inside Retail

SEPTEMBER 27, 2022

Earlier this month, we heard from industry experts at Country Road, Klarna and Marketplacer about the latest trends they’ve seen in online and offline shopping, where the two are converging, and where the customer fits in. However, as lockdowns and movement restrictions become more rare, what does this mean for the future of physical stores?

Payment Services 320

Payment Services Fulfillment Advertising Inventory Management 320

Inside Retail

AUGUST 10, 2022

With marketplaces serving as “digital malls”, shopping inspiration coming from social media content and curated experiences in high demand, brands are trying to succeed on several fronts at once. . Building a winning strategy through product catalogue selection, pricing, inventory management and great customer service.

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Advertising Fulfillment Shipping Inventory Management 246

Inside Retail

APRIL 9, 2022

Now is the time to check how your markdown performance is tracking against your retail markdown strategy keeping inventory management top of mind. Consider the amount of stock you have to clear and whether it warrants some paid advertising to really drive the sales home. .

Markdowns 130

Markdowns ATS Inventory Management Promotions 130

Retail TouchPoints

FEBRUARY 20, 2023

The sensor activation triggers specific messaging, advertisements or offers on an interactive touchscreen display nearby. Actionable data can also help retailers with inventory management across all locations. Actionable data can also help retailers with inventory management across all locations.

Advertising 218

Advertising Sporting Goods Returns Inventory Management 218

Retail TouchPoints

MARCH 29, 2021

But simply buying all of those platforms — CDP, POS, Loyalty, Promotions, Ecommerce, package payment terminals, and pricing and inventory management software — doesn’t automatically put retailers on the path to success. In just a handful of years, retail media revenue at Amazon is already at 20% of Facebook’s entire annual revenue.

Advertising 297

Advertising Inventory Management Promotions Marketing 297

Retail TouchPoints

DECEMBER 25, 2023

in its fiscal year 2023 (ending in September) versus 2022…which may come as no surprise to you at all if you’ve been in a Costco on a Saturday lately. Better inventory management means better business operations, period. Costco grew revenue by 6.7% and net income by 7.7% No, retail isn’t dead. Bad retail is dead.

Customer Experience 221

Customer Experience Dead-Stock Store Layout Point of Sale 221

Retail TouchPoints

JANUARY 15, 2024

Artificial intelligence dominated headlines and water cooler conversations in 2023, and 2024 is looking to be no different (if the conversations and showcases at CES and NRF’s Big Show are any indication). But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 298

Loss Prevention Planning Customer Experience Inventory Management 298

Shopper Motion

DECEMBER 20, 2022

For example, retailers can use data on online and in-store sales to optimize inventory management and reduce waste. They can also use data to streamline their marketing and advertising efforts. Another advantage of merging online and offline shopping data is the ability to enhance marketing and advertising efforts.

Shopping 52

Shopping Inventory Management Advertising Store Layout 52

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Personalization at Scale One of the standout features of AI in marketing is its ability to deliver personalized experiences to consumers on a massive scale. Predictive Analytics AI excels at predictive analytics, helping retailers and CPG companies forecast trends, demand, and inventory needs with unparalleled accuracy.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

Retail TouchPoints

JUNE 25, 2021

Retailers have innovated at unparalleled speeds over the past year to meet customers’ needs. One of the rising trends in the retail industry today is the changing nature of retail stores and inventory management. This has expedited the growing appetite for retailers to be technology-enabled organizations.

Inventory Management 131

Inventory Management Customer Experience Point of Sale Advertising 131

A1 Retail

AUGUST 25, 2023

By Rob Shaw, SVP Global Sales at Fluent Commerce Every parent has been there: The last-minute rush to get back-to-school supplies just before the new year begins. Not only does this lead to costly refunds and wasted advertising spend, but it also fuels a negative brand experience and ruins customer loyalty.

Advertising 52

Advertising Payment Services Inventory Management Supermarket 52

Retail TouchPoints

MAY 9, 2023

Instead of waiting on a retail worker to write ideal search engine-optimized titles and features of the item by hand, AI-assisted titles and descriptions would save an enormous amount of time and effort — enabling businesses to start selling as soon as they have available inventory. Creating a seamless inventory management journey.

Payment Services 253

Payment Services Inventory Management Marketing Checkout 253

Inside Retail

MARCH 13, 2023

The goal is to create the most efficient supply chain possible for inventory management. At the time, the method was led by the likes of JCPenney, Sears and Ikea, then experiencing periods of rapid growth. Neither is a good place to be this year. This was revolutionary. Make ship happen with Dropshipzone today.

Supply Chain Management 147

Supply Chain Management Fulfillment Inventory Management Advertising 147

Retail TouchPoints

JANUARY 6, 2021

You as a seller don’t have to deal with it at all — Amazon will inspect it, and if the product is in like-new condition, they’ll put it back on the warehouse shelf and make it available for sale again. If I order, for example, 100 radios from the factory and ship them to Los Angeles, they get checked in at Amazon’s warehouse.

Fulfillment 290

Fulfillment Shipping Inventory Management Returns 290

Inside Retail

NOVEMBER 27, 2023

AI-powered inventory management and demand forecasting Harnessing the power of artificial intelligence (AI) and machine learning (ML) has become an operational reality for retailer s, especially in the realm of inventory management and demand forecasting.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Inside Retail

JANUARY 3, 2023

At Amazon, algorithms are used to track consumer behaviour and adapt product recommendations based on a wide range of factors. In warehouses at retail businesses including Amazon and UK online grocer Ocado, RPA robots are being used to handle tasks such as picking and packing orders.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. But we do,” said Partap Sandhu, Head of Pricing at Rema 1000 during a session at NRF.

Point of Sale 238

Point of Sale Promotions Inventory Management Grocer 238

Retail TouchPoints

JULY 26, 2021

There are plenty of good reasons to sell direct, from higher margins to insulation from future pandemics, but succeeding at DTC requires a different set of skills than the B2B environment you’re used to. Outsourcing is a safe way to start, at least until you learn exactly what you need.

Wholesale 273

Wholesale Payment Services Fulfillment Returns 273

Inside Retail

JANUARY 22, 2023

Inventory management: AI can assist retailers in predicting demand for products and managing their inventory accordingly, helping to reduce waste and increase efficiency. Unsurprisingly, personalisation was at the top of the list.

Inventory Management 130

Inventory Management Advertising Management Customer Experience 130

Wiser

JULY 6, 2021

It holds products on it, plus a pricing label or maybe some advertisements. This can be achieved in a few ways, including: Weight sensors and RFID tags to monitor on-shelf availability and inventory levels, then communicate that data directly to store associates. Digital displays for pricing, advertisements, and other information.

Advertising 158

Advertising Inventory Management Checkout Marketing 158

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. The global AI in retail market’s revenue share from predictive analytics-driven programmatic advertising and market forecasting stood at 33.1%

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Retail Minded

APRIL 3, 2022

“The pandemic has been like a meteor hitting the retail sector, and software investment decisions are now reflecting a need for agility in a volatile environment”, says Stuart Pick, VP Global Alliances at Brightpearl. Inventory management (21%). Customer relationship management (CRM) (22%). Advertising software (19%).

Merchant Services 83

Merchant Services Payment Services Inventory Management Wholesale 83

Retail TouchPoints

JULY 20, 2022

Technology moves at lightning speed and customers get more and more sophisticated and demanding. The technology to support seamless shopping experiences is at their fingertips, but technology is only part of the equation.” As an example, curbside pickup exploded during COVID.

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Consumer Customer Experience Inventory Management Shopping 242

Retail TouchPoints

OCTOBER 3, 2022

As Aisle 24 evolved into a franchise model, the company worked in partnership with Swedish security and surveillance technology firm Axis Communications to adopt a solution that solves many of the security and analytics challenges of remotely operating a cashierless grocery store at all hours.

Management 225

Management Inventory Management Location Shopping 225

M19 Retail

NOVEMBER 22, 2023

FORT LAUDERDALE, FLORIDA, November 22 , 2023 – Mi9 Retail, a leading provider of end-to-end retail software solutions, is pleased to announce that the latest release of their flagship merchandise management platform, Mi9 Merchant, supports out-of-the-box product inventory and price feed to Google Shopping Local Feeds Partnership.

Merchant Services 40

Merchant Services Shopping Point of Sale Inventory Management 40

Wiser

MARCH 7, 2024

The customer journey is a primary focus, with efforts aimed at enhancing it through strategic technology integration. Pricing Strategy Implementing a Minimum Advertised Price (MAP) strategy is pivotal in staying competitive within highly saturated markets.

Customer Experience 78

Customer Experience Inventory Management Promotions Management 78

Retail TouchPoints

APRIL 13, 2021

5 Social Advertising Trends for Retailers to Know in 2021: Featuring Under Armour. research found that 74% of marketers spend one-third or more of their budgets on social advertising. But how can a global retail enterprise streamline and scale its social advertising strategies? Retailers, Are You (Socially) Listening?

Consumer 137

Consumer Payment Services Fulfillment Advertising 137

Rain Pros

AUGUST 17, 2023

The marketing tools and advertising strategies you employ make or break your business. Here’s a quick look at why we’re considered the leading provider of retail marketing tools highlighted by software solutions that drive sales. Regardless of your retail niche, you need and deserve the best high-tech marketing tools.

Retail Marketing 52

Retail Marketing Payment Services Marketing Value Offer 52

Inside Retail

JUNE 25, 2022

Shopper marketing, however, focuses on getting through to a consumer when it truly matters most in their online or offline journey – right at the point of purchase. Brand marketing activities focus largely on making a potential customer aware of a brand or product, as well as on strategically nurturing them toward a future purchase.

Inventory Management 130

Inventory Management Accounting Consumer Marketing 130

V Count

JANUARY 26, 2024

Then, we’ll talk about how all types of retail businesses can use AI, from improving inventory management to customizing customer experience. At V-Count, we meet these criteria. In this blog post, we’ll explain Artificial Intelligence (AI) in simple language. We’ll start by defining AI and its types.

Shopping 95

Shopping Inventory Management Customer Experience Store Layout 95

Rain Pros

MAY 1, 2023

The marketing tools and advertising strategies you employ make or break your business. Here’s a quick look at why we’re considered the leading provider of retail marketing tools highlighted by software solutions that drive sales. Regardless of your retail niche, you need and deserve the best high-tech marketing tools.

Retail Marketing 52

Retail Marketing Payment Services Marketing Value Offer 52

Retail TouchPoints

FEBRUARY 10, 2021

AI serves additional purposes within retail as well, allowing for improved logistics and inventory management as mentioned above and accruing data for better business decisions. . AI has been used to allow for size sorting on clothing retailers’ sites, measuring consumer preferences, streamlining store navigation and more.

Payment Services 173

Payment Services Fulfillment Supply Chain Management Management 173

Hyken

AUGUST 31, 2023

Your customer journey refers to the path that your customers take as they interact with your brand at different touchpoints. Optimize this journey, and growth is well within your grasp. Consistently improving the customer journey and user experiences can help you attract and retain loyal customers. Still not sure about the link?

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Payment Services Customer Experience Inventory Management Accounting 107

Inside Retail

OCTOBER 11, 2023

to ‘Look at this amazing DTC brand! But first, let’s take a look at the history of DTC and why it became so popular. Bypassing intermediaries means brands control the trade margins through sales, marketing and inventory management. A similar journey has played out in reverse at DNVB Glossier.

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Dead-Stock Consumer Kiosk Inventory Management 130

I Vend

MARCH 11, 2024

Higher spend – 52% of shoppers ** say that they spend more when they shop at a store where they are loyalty members. That is really powerful, as from other shoppers more than they trust the retailer’s advertising. Inventory management – to ensure that product campaigns are supported by sufficient levels of stock.

Point of Sale 52

Point of Sale Payment Services Returns Inventory Management 52

I Vend

FEBRUARY 15, 2024

The principle, brainchild of Italian economist Vilfredo Pareto at the end of the 19 th century, is why retailers find that roughly 80% of their revenue comes from 20% of their customer base. Higher spend – 52% of shoppers ** say that they spend more when they shop at a store where they are loyalty members.

Point of Sale 52

Point of Sale Payment Services Returns Inventory Management 52

Mass Relators

MAY 22, 2023

No wonder that while every major retailer at this year’s National Association of Chain Drug Stores Annual Meeting was talking omni, it means different things to different retailers and their consumers. At every meeting, every trade show, AI inevitably comes up. They research before buying, and their social values often impact purchase.

Consumer 52

Consumer Inventory Management Fulfillment Advertising 52