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

Retail TouchPoints

Within the larger global market, McKinsey estimates that the retail and CPG sectors have the most to gain from AI , with potential to harness the tech and drive huge improvements in operational efficiency as well as the customer and employee experience. But many of these tasks may just represent the low-hanging AI fruit.

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How to Understand Your Customers: Awareness, Analytics and Assessments

Retail Focus

One of the main drivers of success is an acute understanding of what people want. Give people what they want at a price they like, and you’ll make money. An effective way to improve your understanding of what people want is to follow this three-step process: 1. So, what you’re doing by educating people is guiding them.

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7 Banks Team Up to Create Digital Wallet, Challenging PayPal and Apple Pay

Retail TouchPoints

The news was first reported by the Wall Street Journal and later confirmed by the company in a blog post. The digital wallet will be managed by Early Warning Services (EWS) , the company that operates Zelle, but will operate separately from Zelle. Bancorp and Truist Financial. according to Salesforce spending data.

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How Shop Premium Outlets is Helping Brands ‘Light Up’ Excess and Outlet Inventory

Retail TouchPoints

It’s been more than four years since mall operator Simon launched its ecommerce joint venture with Rue Gilt Groupe , and the Shop Premium Outlets (SPO) marketplace is going strong. Retail TouchPoints: What makes SPO stand out in the sea of other marketplaces? RTP: What’s your ultimate vision for SPO? Grover: Completely.

Shopping 204
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How to create an SEO strategy for e-commerce websites

Retail Focus

Online businesses will live or die depending on their SEO strategy as the ruthless toll of the cost of living crisis means almost a third of businesses went to the wall, reveals the latest government statistics. Something that is vital as most consumers opt to buy from a business on top of page one. Can I afford SEO?

Marketing 246
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Meta Rolls Out New AI-Powered Ad Tools

Retail TouchPoints

Meta has introduced a slate of new advertising tools ahead of what the Facebook parent company is referring to as “the first AI-powered holiday season.” Now Meta is testing a series of new integrations with leading ecommerce providers to make is easier for businesses to set up their Facebook and Instagram Shop and run Shops ads.

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How this CEO went from nuclear policy to plus-size fashion

Inside Retail

Over a 12 month period, Van De Van created what is now one of Australia’s most exciting plus-sized fashion offers: LükBook. How did you get into the retail industry, and what are some of the different roles you’ve held along the way? IR: What does a typical day look like for you? IR: What does a typical day look like for you?

Fashion 246