365 Retail

MAY 5, 2023

Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies. By identifying customers as they enter a store, retailers can offer personalized greetings, promotions, and recommendations based on individual preferences and shopping histories.

Store Layout 80

Store Layout Promotions Inventory Management Advertising 80

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. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

V Count

SEPTEMBER 24, 2021

If your store has the items they want, the chances of buying improve. If the store layout is simple enough for the visitor to find what they need, the probability of a purchase goes up even more. If there are no bottlenecks in the store and no queues at the checkout, a purchase is all but certain.

Store Layout 52

Store Layout Checkout Management Advertising 52

Shopper Motion

DECEMBER 20, 2022

Identify potential gaps in their product offerings and make informed decisions about which products to stock and promote. . 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.

Shopping 52

Shopping Inventory Management Advertising Store Layout 52

Wiser

FEBRUARY 9, 2021

Therefore, it’s a must that you manage your price image alongside your more concrete pricing strategies, as the right price image can be a boon to sales for your business. This might be because these expensive items are often the most promoted and prevalent items in a store (physical or online). Discounts and Promotions.

Promotions 113

Promotions Store Layout Advertising Consumer 113

V Count

MARCH 20, 2023

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.

Supermarket 52

Supermarket Loss Prevention Promotions Store Layout 52

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. Improved Customer Engagement and Experience AI facilitates a deeper connection between stores and shoppers by delivering highly personalized experiences. Let’s take a closer look!

Shopping 95

Shopping Inventory Management Customer Experience Store Layout 95

V Count

DECEMBER 3, 2021

As we look forward to the 2021 holiday season, facility managers and retailers alike need to be ready and adjust to a changing retail landscape. Understanding your retail trends regarding your most sold products during peak seasons and holidays allows you to optimize the store layout and storage accordingly.

Store Layout 52

Store Layout Sporting Goods Shopping Retail Trends 52

V Count

MARCH 20, 2023

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.

Supermarket 40

Supermarket Loss Prevention Promotions Store Layout 40

Mass Relators

JANUARY 20, 2023

At his mother’s request, he applied to a local newspaper advertisement for Eckerd Corp.’s s management training program. At Eckerd, Vasos rose quickly through store operations ranks from assistant store manager to store manager, district manager and regional manager before joining Phar-Mor Food and Drug Inc.,

Beauty and Health 52

Beauty and Health Store Layout Merchant Services Advertising 52

V Count

OCTOBER 28, 2022

There’s a reason why gender and age demographics are the most popular metrics considered by all sizes of businesses when planning for promotional campaigns and maximizing sales. Managers can measure the efficiency of marketing strategies and tailor advertising methods according to the gender trends of their customers.

Target Market 52

Target Market Store Layout Advertising Shopping 52

V Count

MAY 5, 2021

This metric can be used when planning your store layout. Choosing the right techniques to enhance sales per sqm differs from store to store. Improve space planning & store layout. Optimize prices & marketing promotions. How do you improve sales/sqm? Some general tips for applying include: .

Net Profit 52

Net Profit ATV Customer Retention Store Layout 52

Retail Next

FEBRUARY 27, 2020

In the past, retailers used to send mass promotions to customers with an expectation that some percentage of recipients would be interested and would turn up at the store. For example, a retailer shouldn’t send a promotion for baby diapers to a single man with no children. IoT, thus, marks the future of retail.

Checkout 52

Checkout Advertising Store Layout Promotions 52