Remove Advertising Remove Inventory Management Remove Loss Prevention Remove Management
article thumbnail

AI Isn’t Going Anywhere: How Retailers Plan to Deploy the Tech in 2024

Retail TouchPoints

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.

article thumbnail

Benefits of People Counting and In-store Visitor Analytics for Supermarkets

V Count

More often than not, supermarket owners and managers rely on offering sales and discounts on popular items to attract shoppers looking for deals, and they support these deals with visually appealing displays and posters. As a store manager, you must first have precise visitor data to gain actionable insights into customer behavior.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

365 Retail

Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies. Additionally, it can help monitor employee behaviour and prevent internal theft. Retailers are also using facial recognition for queue management.

article thumbnail

Benefits of People Counting and In-store Visitor Analytics for Supermarkets

V Count

More often than not, supermarket owners and managers rely on offering sales and discounts on popular items to attract shoppers looking for deals, and they support these deals with visually appealing displays and posters. As a store manager, you must first have precise visitor data to gain actionable insights into customer behavior.

article thumbnail

Jason & Scot Show Episode 301 Annual Predictions 2023, Year-End Recap, NRF Big Show

Retail Geek

The AI for inventory management is super interesting like these models that are doing demand forecasting that are doing kind of. Jason: [1:09:45] I love it will conveniently I feel like they come up somewhat in my next prediction as well which I think in in aggregate metal Google and Tick-Tock lose advertising Revenue in 2023.