article thumbnail

How to Create Immersive Retail Experiences

Retail TouchPoints

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. DOOH solutions don’t require much space in a store or restaurant, but they can make a big impact.

article thumbnail

7 Questions Every Retailer Should be Asking Itself About Ecommerce and Shopper Loyalty

Retail TouchPoints

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Back-to-school: How retailers can get it right

A1 Retail

Turning up to pick up your order, only to find that the uniform you picked out is now out-of-stock, forcing you into a last-minute dash round all the local supermarkets and shopping centres to locate all the items you need. Accurate, up-to-date inventory can prevent unpleasant shopping experiences and improve long-term customer loyalty.

article thumbnail

How Artificial Intelligence is Reshaping Retail & CPG Marketing

RETAIL MANAGEMENT SOFTWARE

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.

article thumbnail

Retailers are Transforming the Digital Experience for Customers

Retail TouchPoints

One of the rising trends in the retail industry today is the changing nature of retail stores and inventory management. Due to COVID and the supply chain challenges related to the pandemic, retail locations became as much a distribution center for ecommerce as they were for in-store traffic. 5G as an Efficiency Driver.

article thumbnail

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. and Vancouver, Wash. — “Sam the Sommelier” awaits in the Chevron wine aisle.

article thumbnail

Retail’s tech revolution sets laser-like focus on the consumer

Inside Retail

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