Remove Customer Experience Remove Inventory Management Remove Promotions Remove Target Market
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How to Build a Better Retail Assortment Strategy

Wiser

The trick lies in offering the right mix of products that not only intrigue and attract customers, but also stimulate their purchase decisions. Steps to Build a Better Retail Assortment Strategy An efficient and effective assortment is paramount to retaining customers and driving profits. What age group are they in?

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You Can’t Spell Retail Without AI

Retail TouchPoints

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. Online retailers are using AI to create intent-based promotions. For shoppers, AI helps improve the customer experience.

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Key Takeaways From the Wiser Industry Leaders Retail Panel: Retail Innovation and Strategy

Wiser

The speakers shared their frontline experiences and the strategic pivots they made to keep pace with the rapidly changing consumer expectations and market dynamics. The goal is to leverage technologies that not only streamline operations but also significantly improve the customer experience.

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Key Takeaways From the Wiser Industry Leaders Brand Panel: Sales Strategy and Technology

Wiser

Studies show that the duration for out-of-stock items to reappear in online search results and shopping carts can extend up to a week, underscoring the importance of diligent inventory management. Data indicates that online grocery pickup garners higher average sales per trip, emphasizing the significance of this shopping method.

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Maximizing the benefits of in-store shopper tracking

Shopper Motion

In addition, the growing focus on customer experience and personalization. In addition, in-store shopper tracking can help retailers to better understand the factors that influence purchasing decisions and to tailor their marketing efforts accordingly. Enhanced ability to measure the effectiveness of in-store promotions.

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The Benefits of Connecting Online and Offline Shopping Data

Shopper Motion

Identify potential gaps in their product offerings and make informed decisions about which products to stock and promote. . In addition to helping retailers better understand and serve their customers, connecting online and offline data leads to increased efficiency and cost savings. Improve Customer Experience. . .

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Proven Secrets for Achieving Excellence as a Store Manager

V Count

We will also discuss how you can use AI-powered technology and digital solutions to become a better store manager. From optimizing inventory management to building a well-functioning team, this piece will dive deep and explore it all, so grab your drink and let’s go.