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Four Ways Retailers can Leverage Generative AI to Transform their Business Today

Retail TouchPoints

With AI, retailers can easily generate full-sentence product descriptions when they are creating items in their inventory. A fashion retailer, for example, will want to quickly list its new season’s assortment on its digital channels in order to market and promote these products to customers.

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How the Store of the Future will Track Shopper Behavior Ecommerce-Style

Retail TouchPoints

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. PVH x RetailNext and MarketDial PVH Corp.

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The Best Mother’s Day Gift for Mompreneurs

Retail Smart Guys

Inventory Management: Keeping track of inventory levels, managing orders, and processing returns can be time-consuming and requires much attention to detail. Marketing and advertising: Retailers must market their brands to draw in new clients and keep hold of current ones.

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How to Survive the Post-Holiday Ecommerce Slump

Retail Bound

Other tactics include offering free shipping, using suggestive selling at the point of sale, and creating time-limited promotions. You could then create a social media advertising that offers steep discounts on that particular item hoping to attract those potential customers who may regret never finalizing the initial purchase.

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12 Best Ecommerce Platforms and Software for Your Online Store

Small Biz Trends

This includes a complete suite of tools for marketing, inventory management, SEO, and customer support. They include promotions, coupon codes, inventory management, buyer reviews, and product. Zoho Commerce offers integration with all the relevant sales, marketing, and finance apps within the Zoho suite.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

AI has the potential to revolutionize various sectors, including healthcare, education, finance, transportation, agriculture and of course, retail. Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies.