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. Retailers today are often sold “best in class” component software platforms, as if they are the answer to success.

Advertising 299

Advertising Inventory Management Promotions Marketing 299

Retail TouchPoints

JANUARY 15, 2024

Among the current top use cases for AI in retail are: Store analytics and insights; Personalized customer recommendations; Adaptive advertising, promotions and pricing; Stockout and inventory management; and Conversational AI. But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 312

Loss Prevention Planning Customer Experience Inventory Management 312

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 TouchPoints

JUNE 25, 2021

One of the rising trends in the retail industry today is the changing nature of retail stores and inventory management. Of the use cases of 5G that these retail leaders would find valuable and likely to be deployed within the next two years, inventory management ranked highest. 5G as an Efficiency Driver.

Inventory Management 146

Inventory Management Customer Experience Point of Sale Advertising 146

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

By analyzing historical sales data, seasonality, and external factors such as weather and social trends, AI algorithms can help businesses make informed decisions about inventory management, pricing, and marketing strategies. Inventory optimization AI has a major impact on inventory management and storage.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

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 289

Payment Services Inventory Management Marketing Checkout 289

A1 Retail

AUGUST 25, 2023

Not only does this lead to costly refunds and wasted advertising spend, but it also fuels a negative brand experience and ruins customer loyalty. This data helps retailers avoid overselling or advertising unavailable products by tracking back-to-school stock across all locations online and in physical stores.

Advertising 52

Advertising Payment Services Inventory Management Supermarket 52

Wiser

MARCH 28, 2024

An interesting forecast from Deloitte suggests a resurgence in advertising and promotional spending, with a strong focus on amplifying core brand values to maintain pricing power and consumer loyalty. Many sales and marketing teams lack real-time visibility into out-of-stock challenges, leading to lost sales opportunities.

Consumer 78

Consumer Promotions Inventory Management Advertising 78

Retail Smart Guys

MAY 1, 2023

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.

Inventory Management 52

Inventory Management Point of Sale Finance Returns 52

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

I Vend

FEBRUARY 9, 2024

Process automation – such as inventory management , tracking stock levels and re-ordering. Retail tech plays a role here too – for example with sensors that monitor and control energy consumption, and through cloud computing services for key platforms such as point of sale, inventory management, loyalty and promotions.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

I Vend

DECEMBER 11, 2023

Process automation – such as inventory management , tracking stock levels and re-ordering. Retail tech plays a role here too – for example with sensors that monitor and control energy consumption, and through cloud computing services for key platforms such as point of sale, inventory management, loyalty and promotions.

Payment Services 53

Payment Services Inventory Management Checkout Point of Sale 53

Inside Retail

JANUARY 3, 2023

In stores, RPA robots can be used for tasks such as shelf stocking and inventory management. What’s more, digital signage offers retailers the ability to customise and update content instantly, ensuring that their advertising campaigns always remain fresh and relevant and this, across the entire store network in a few clicks.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

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. Pricing: AI can help retailers optimise pricing by analysing market trends and competitor data.

Inventory Management 130

Inventory Management Advertising Management Customer Experience 130

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

JULY 26, 2021

From paid online advertising to email campaigns, digital marketing is a sophisticated, rapidly changing area of expertise that most wholesale brands have only observed from afar. While you are no doubt familiar with brand marketing, online customer acquisition is a whole different animal.

Wholesale 279

Wholesale Payment Services Fulfillment Returns 279

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. “Sam the Sommelier” awaits in the Chevron wine aisle.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

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

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

Retail Minded

APRIL 3, 2022

Investment in key areas that are ‘behind the scenes’ like delivery, inventory management and retail operations are a reaction to the problem associated with operational complexity,” says Stuart Pick. Inventory management (21%). Customer relationship management (CRM) (22%). Advertising software (19%).

Merchant Services 83

Merchant Services Payment Services Inventory Management Wholesale 83

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?

Consumer 187

Consumer Payment Services Fulfillment Advertising 187

Retail TouchPoints

JULY 20, 2022

Despite store closures, omnichannel businesses were able to acquire new customers through digital advertising, marketplaces and branded ecommerce experiences. Today, with the supply chain challenges facing most brands and retailers, inventory management and visibility as well as customer transparency become much more important.”

Consumer 288

Consumer Customer Experience Inventory Management Shopping 288

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. In this blog post, we’ll explain Artificial Intelligence (AI) in simple language. We’ll start by defining AI and its types. Let’s take a closer look!

Shopping 95

Shopping Inventory Management Customer Experience Store Layout 95

Wiser

MARCH 7, 2024

Technological advancements and the implementation of a new warehouse management system (WMS) aim to optimize product flow through distribution centers, supporting growth and enhanced product assortment capabilities.

Customer Experience 78

Customer Experience Inventory Management Promotions Management 78

Rain Pros

AUGUST 17, 2023

The marketing tools and advertising strategies you employ make or break your business. Our tech marketing tools are advanced to the extent that they empower businesses to track and study ongoing social media advertising performance for subsequent alterations. eCommerce Platform eCommerce sales are central to business success in 2023.

Retail Marketing 52

Retail Marketing Payment Services Marketing Value Offer 52

Retail TouchPoints

OCTOBER 3, 2022

In an interview with Retail TouchPoints , Douang and Jason Chiu, Professional Services Group Manager for Canada at Axis Communications , revealed how they worked together to develop a seamless, secure and human-centered cashierless grocery shopping experience. And that’s what our customer base really appreciates.

Management 264

Management Inventory Management Location Shopping 264

Rain Pros

MAY 1, 2023

The marketing tools and advertising strategies you employ make or break your business. Our tech marketing tools are advanced to the extent that they empower businesses to track and study ongoing social media advertising performance for subsequent alterations. eCommerce Platform eCommerce sales are central to business success in 2023.

Retail Marketing 52

Retail Marketing Payment Services Marketing Value Offer 52

Hyken

AUGUST 31, 2023

Enterprise resource management (ERP) systems centralize, automate, and manage core business data and processes, from inventory management to real-time sales information. This is where ERP and CRM integration comes into play. What is an ERP?

Payment Services 106

Payment Services Customer Experience Inventory Management Accounting 106

Retail Bound

JUNE 27, 2023

Your marketing and advertising strategy should communicate this USP effectively across various channels suitable for your audience. Retail success requires efficient sourcing, production, inventory management, and delivery processes. Lastly, outline how you plan to compete in your chosen market.

Fulfillment 52

Fulfillment Target Market Payment Services Promotions 52

Independent Retailer

SEPTEMBER 15, 2022

For example, with some inventory management software, you will receive automatic updates about items that are low in stock. Plus, some software options allow you to view and quickly update in-store prices, and mass export products and their prices to excel, so no more inaccurate advertisements.

Inventory Management 78

Inventory Management Grocer Store Operations Management 78

Retail Bound

DECEMBER 3, 2021

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. Inventory management is a large part of a business’s success. Tips to Manage Your Holiday Inventory Requirements.

Inventory Management 52

Inventory Management Shipping Planning Finance 52

Mass Relators

MAY 22, 2023

Is my organization prepared — from both a technology and skillset perspective — to take advantage of new opportunities for customized product recommendations, personalized email marketing and advertising? This type of communication also needs to be genuine and authentic, or risk being rejected. Supply 2.0.

Consumer 52

Consumer Inventory Management Fulfillment Advertising 52

Retail TouchPoints

FEBRUARY 25, 2021

Ecommerce optimization platform Ideoclick has added Instacart, Walmart and Target to its portfolio of supported advertising platforms. The move aims to position Ideoclick as a single advertising management solution with a comprehensive, API-driven view of digital performance across multiple platforms.

Advertising 147

Advertising Inventory Management Retailing Pricing Management 147

Inside Retail

OCTOBER 11, 2023

In fact, DTC arose in the 1990s after the commercialization of the internet, when the FDA allowed US pharmaceutical companies to advertise prescription drugs and other legalized pharmaceutical products directly to consumers. Bypassing intermediaries means brands control the trade margins through sales, marketing and inventory management.

Dead-Stock 130

Dead-Stock Consumer Kiosk Inventory Management 130

Retail Minded

JANUARY 23, 2023

By analyzing this data, AI helps retailers make personalized recommendations to potential customers, significantly increasing conversion rates and resulting in a better return on investment than traditional advertising options. Competing with such businesses can leave you running into losses, so the only way out is adapting.

Payment Services 52

Payment Services Target Market Inventory Management Management 52

Small Biz Trends

JUNE 25, 2022

The business currently has an average of 150 bookings annually without any advertising, so there is huge potential with the right marketing campaign. The seller is going to provide training on CRM systems, website and Instagram upkeep, and maintenance of inventory. The gross revenue is $50,000 with a cash flow of $13,000.

Drop-Shipping 94

Drop-Shipping Apparel Finance Specialty Store 94