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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.

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5 Key Business Challenges Behind Your Merchandising Strategy

Wiser

Often, merchandising includes things like creating a pricing strategy, display design and layout, loss prevention, and store upkeep. When a shopper enters a brick-and-mortar store and is met with out-of-stock shelves and unknowledgeable store associates, their shopping experience is immediately tainted. 3: Customer Loyalty.

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Facial Recognition: Will Consumers Welcome the Technology?

Wiser

Security and Loss Prevention. In retail, facial recognition can be leveraged by loss prevention teams to monitor shoppers for possible criminal behavior. In general, our mystery shoppers were OK with brands and retailers using their data to personalize their shopping experiences, but not specifically facial recognition.

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

V Count

Your average shopper nowadays is more educated than ever —in the sense that they know what they need and want— meaning supermarkets and grocery shops must learn to adapt and leverage new technologies to help them understand what customers want and meet the modern shoppers’ demands.

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These Were the Top Retail Stories of 2022

VMS

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. Advertisement. Happy New Year. INFLATION ON. YOUR MIND. n 2022, inflation drove prices and interest rates higher. ANYONE FOR MONOPOLY?

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

V Count

Your average shopper nowadays is more educated than ever —in the sense that they know what they need and want— meaning supermarkets and grocery shops must learn to adapt and leverage new technologies to help them understand what customers want and meet the modern shoppers’ demands.

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10 Ways to Improve the Customer Experience in Retail

Indigo 9 Digital

Every person you hire isn’t interested in going the extra mile and it is important to know this and to let go of employees that are performing at a low level to make room for those that will create the unique experiences that make shopping at your store a memorable one. Do you like this content?