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The Future of Retail and AI

Retail TouchPoints

In fact, it’s evolved from a futuristic sci-fi concept to a safe option for shoppers to do their daily grocery shopping. As a result, retailers had to move quickly to implement social distancing mandates in stores to make their customers feel as safe as possible while shopping.

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Virtual Queues: The Waiting Isn’t the Hardest Part

Retail TouchPoints

They also open paths for customers to more easily move through the store. Both outcomes can increase sales simply by opening up more opportunities for shoppers to shop. Customers engage with a virtual queue almost as soon as they scan a QR code or check in at a kiosk. Do you go with a QR code or a kiosk?

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The rise and rise of subscription boxes shows the market is ripe for growth

Inside Retail

This integration of digital and physical experiences is becoming increasingly important in retaining customers and reducing churn rates, which we’ll discuss further shortly. The value the subscriptions are perceived to provide also may decline over time, leading to problems with customer retention.

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Why Do You Need Business Intelligence for Your Retail Business?

RETAIL MANAGEMENT SOFTWARE

Leading retailers have embraced digital transformation and leveraged the latest business intelligence (BI) capabilities to identify market trends, spot shopping patterns and changes in consumer behavior, and make informed decisions based on valuable insights. Improve Customer Experience. Increase Customer Retention Rate.

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Maximizing ROI: How Professional In-Store Marketing Boosts Retail Sales

CJ Retail Solutions

Investing in expert in-store marketing allows retailers to improve the shopping experience, which may boost sales and foster customer loyalty. Key Takeaways Professional in-store marketing is crucial for retail success as it helps create a unique and engaging shopping experience for customers.

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Tech Meets Tradition: Innovative POS Marketing Strategies for Modern Retailers

CJ Retail Solutions

These days, retailers use technology to give customers smooth, customized shopping experiences. Key Takeaways Retail is evolving with technology, transforming the shopping experience. Data-driven marketing using POS systems helps understand and target customers. Virtual Try-On Technology: A Game-Changer in Retail.

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Why Measuring and Optimizing Queues Are Crucial in Fast Food Restaurants?

V Count

By streamlining the checkout process and making it more efficient, you not only prevent such losses in revenue but also make the shopping experience more pleasant for your customers. This in turn can lead to higher customer retention rates as satisfied customers are more likely to return for future purchases.