RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Traditional marketing strategies alone are no longer sufficient in today’s digital age. Enter Artificial Intelligence (AI), a game-changing technology that is revolutionizing the way businesses approach marketing in these industries. This data helps companies make informed decisions about marketing and branding strategies.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

Retail TouchPoints

JANUARY 25, 2022

In the retail industry, many organizations are at a pivotal moment of forging a path forward to define the future-state customer experience where the physical and digital converge. Let’s dive into some small ideas that can help tackle big goals: 1) Think Big: Increase customer engagement with more interactive marketing.

Management 264

Management Marketing Customer Experience Inventory Management 264

Retail TouchPoints

OCTOBER 20, 2022

Collectively, the VUSION suite of services are designed work together to promote agility, sustainability and an improved customer experience.

Inventory Management 278

Inventory Management Promotions Customer Experience Management 278

Retail TouchPoints

MARCH 15, 2024

Publications about marketing often invoke the comparison of a digital shelf with a physical one. It can constantly and immediately change the way it is arranged to beat other shelves at capturing the customer’s attention. However, this isn’t enough even if the company is operating in a local market only.

Inventory Management 264

Inventory Management Telecommunications Location Marketing 264

Retail Smart Guys

DECEMBER 6, 2023

In the ever-evolving world of retail, one thing remains constant – the power of promotions to captivate shoppers and boost sales. Whether it’s the allure of clearance sales, the excitement of flash sales, or the intrigue of buy-one-get-one deals, retail promotions are an essential tool in any retailer’s arsenal.

Promotions 52

Promotions Inventory Management Returns Marketing 52

Retail TouchPoints

NOVEMBER 17, 2022

The company has promoted EVP and Chief Commercial Officer Sean Thompson to the role of President and Chief Commercial Officer, adding marketing and ecommerce roles to his existing responsibilities. Smith brings more than 25 years of supply chain experience to the role, most recently as EVP, Global Supply Chain at Carter’s.

Inventory Management 272

Inventory Management Promotions Marketing Management 272

Retail Gazette

FEBRUARY 22, 2024

By leveraging AI algorithms, retailers can analyse vast amounts of customer data, including purchase history, browsing behaviour and demographic information, to tailor product recommendations and marketing messages. According to recent studies, over 70% of consumers expect personalised experiences when interacting with retailers online.

Inventory Management 120

Inventory Management Checkout Inventory Turnover Promotions 120

Retail TouchPoints

JANUARY 15, 2024

Artificial intelligence dominated headlines and water cooler conversations in 2023, and 2024 is looking to be no different (if the conversations and showcases at CES and NRF’s Big Show are any indication). But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 312

Loss Prevention Planning Customer Experience Inventory Management 312

Wiser

DECEMBER 4, 2023

For brand manufacturers, retail monitoring is a critical aspect of maintaining and enhancing market presence. They provide access to a broader customer base and facilitate entry into new markets, crucial for scaling operations. On top of this, insufficient retail monitoring could lead to ineffective inventory management.

Inventory Management 146

Inventory Management Promotions Visual Merchandising Management 146

Retail TouchPoints

NOVEMBER 17, 2023

The letdown customers experience when their orders don’t arrive on time, or at all, results in uncertainty and distrust that’s difficult — if not impossible — to remedy. In manufacturing, product substitution can be a valuable tool for optimizing inventory management.

Customer Experience 264

Customer Experience Inventory Management Fulfillment Inventory Turnover 264

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 2: Order cycle time. 4: Return rates.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

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. For example, if you have an SKU with high weeks of cover and low ST percentage the levers to pull would be applying a further discount paired with marketing support. .

Markdowns 130

Markdowns ATS Inventory Management Promotions 130

Retail TouchPoints

JANUARY 6, 2023

Consumers are a little more cautious,” said Steve Rogers, Managing Director at Deloitte in an interview with Retail TouchPoints. “ The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

Retail TouchPoints

JULY 17, 2023

According to Grand View Research , the global IoT retail market was valued at $42.38 billion in 2022 and is expected to grow at a CAGR of 28.4% Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. from 2023 to 2030.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Retail Smart Guys

SEPTEMBER 20, 2023

By creating a structured maintenance checklist, you can ensure that every aspect of your store is well-maintained, promoting a positive shopping experience and maximizing profitability. It’s impossible to market your business without a personalized marketing strategy that stays true to your mission and branding.

Inventory Management 105

Inventory Management Promotions Management Planning 105

Retail TouchPoints

JUNE 26, 2023

Groundbreaking at the time, but now sorely outdated, UPCs are finally getting a facelift and moving into the 21st century thanks to the GS1 Sunrise 2027 initiative. And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process.

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Retail TouchPoints

JULY 3, 2020

Smart shelves are systems made up of a variety of technologies designed to help retailers make smarter inventory planning and merchandising decisions, automatically sense stock levels, and collect customer data like foot traffic patterns, shopping behavior and more. Smart shelf technology can also interact with customers via smartphones.

ATS 218

ATS Supermarket Promotions Inventory Management 218

Retail TouchPoints

MARCH 29, 2021

Ecommerce first promised consumers convenience, but in the last decade it has also brought increasing value to market by combining its transactional data with shopper journey data — offering manufacturers near-real-time metrics on campaign performance. Do I have the right data strategy to drive shopper loyalty?

Advertising 299

Advertising Inventory Management Promotions Marketing 299

Bindo

APRIL 13, 2017

Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Inventory management helps take the guesswork out and place retail products in the store correctly.

Inventory Management 40

Inventory Management Management Location Promotions 40

Inside Retail

FEBRUARY 26, 2024

There was good news in January when the Consumer Price Index slowed to the lowest rate in two years; however, experts recognise that the most volatile factors, such as rental rates and energy markets, remain the biggest drivers. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Inside Retail

NOVEMBER 27, 2023

As we edge closer to 2024, this phygital wave is being propelled by a raft of emerging technologies that promise to redefine the contours of retail operations, marketing strategies and customer engagement paradigms. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey. What’s Next?

Payment Services 289

Payment Services Inventory Management Marketing Checkout 289

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. However, there are other dynamics at play that will impact seasonal results.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Rain Pros

AUGUST 17, 2023

The marketing tools and advertising strategies you employ make or break your business. Regardless of your retail niche, you need and deserve the best high-tech marketing tools. Enter retail marketing tools. Rain POS marketing tools keep retailers in business.

Retail Marketing 52

Retail Marketing Payment Services Marketing Value Offer 52

I Vend

OCTOBER 10, 2023

Having the ability to predict the future, to know how shoppers are going to behave would make retailers as excited as a child finding a full Santa sack at the end of their bed on Christmas morning. Retailers have to grow their share of a finite wallet, making promotions and customer experience an essential part of the retail mix.

Checkout 105

Checkout Inventory Management Payment Services Returns 105

I Vend

OCTOBER 16, 2023

As discretionary spend decreases in inverse proportion to cost of living increases, and consumers think more carefully about where they spend, retailers have to get really smart about strategies to win and retain their share of the market. iVend helps retailers iVend helps retailers to capture and analyse customer data.

Checkout 105

Checkout Inventory Management Payment Services Returns 105

Wiser

AUGUST 13, 2019

Whether you achieve this goal or not can be summed up with one metric: market basket size. What is a market basket? A small market basket size is one item—what counts as a large basket is up to you. Ensure your inventory management is working properly. Offer Promotions. What does a good promotion look like?

Marketing 103

Marketing Store Layout Promotions Inventory Management 103

Inside Retail

FEBRUARY 23, 2023

“Unsurprisingly, we’ve seen this being reflected in the positive feedback received from consumers […] at our Ion store.” This market has long been key to the Levi’s East Asia Pacific expansion plans. This market has long been key to the Levi’s East Asia Pacific expansion plans.

Inventory Management 246

Inventory Management Apparel Management Consumer 246

Retail TouchPoints

MAY 30, 2023

People have burned through their savings, and there’s a lot of inflation as well as changes in the job market,” said Jonah Ellin, Chief Product Officer at 1010data in an interview with Retail TouchPoints. I think that the back-to-school season target audience has expanded,” said Matthew Katz, Managing Partner at SSA & Co.

Shopping 294

Shopping Consumer Planning Inventory Management 294

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. But we do,” said Partap Sandhu, Head of Pricing at Rema 1000 during a session at NRF.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Rain Pros

MAY 1, 2023

The marketing tools and advertising strategies you employ make or break your business. Regardless of your retail niche, you need and deserve the best high-tech marketing tools. Enter retail marketing tools. Rain POS marketing tools keep retailers in business.

Retail Marketing 52

Retail Marketing Payment Services Marketing Value Offer 52

Inside Retail

JANUARY 3, 2023

From smart shopping carts and intelligent buying assistants, to dynamic pricing algorithms and inventory tracking systems, retailers will have access to a wealth of powerful tools that enhance their ability to meet customers’ needs and respond quickly to changes in the market. .

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Retail TouchPoints

OCTOBER 22, 2021

This article will look at how to get a decent site from scratch without using off-the-shelf solutions like Magento, Shopify, and WordPress, as well as the top seven practices for custom ecommerce website development. The process of building an online store goes beyond just understanding the market you are about to enter.

Payment Services 264

Payment Services Inventory Management Promotions Checkout 264

Retail Focus

MARCH 6, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. It can improve supply chain operations by automating processes such as inventory management, procurement, and logistics through smart contracts executed on the block chain, which results in reduced costs and inefficiencies. Ghalia BOUSTANI.

Inventory Management 147

Inventory Management Fashion Customer Experience Consumer 147

Wiser

DECEMBER 18, 2023

Market trends shift rapidly, consumer behavior fluctuates, and competition intensifies. In the online world, it’s not about physical space, but rather visibility on search results, category pages, and promotional spaces. However, the dynamic nature of eCommerce platforms presents retailers with various challenges.

Promotions 139

Promotions Management Inventory Management Marketing 139

Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI. Practical Benefits of AI in Grocery.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Retail TouchPoints

JULY 14, 2023

The AI boom shows no sign of slowing down, with a global market value projected to grow to more than $500 billion this year. This not only provides a better user experience but also allows businesses to offer tailored recommendations at scale, improving their overall conversion rates as well as the experience for the customer.

Fulfillment 244

Fulfillment Dead-Stock Customer Experience Inventory Management 244