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Retail’s tech revolution sets laser-like focus on the consumer

Inside Retail

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.

Consumer 147
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8 Simple Tactics to Increase Market Basket Size

Wiser

Ensure your inventory management is working properly. Do regular spot checks of shelves to check for stock levels, and make sure you don’t have any phantom inventory messing with your data. On the flip side, reduce the inventory of under-performing categories or bundle those with top-sellers to increase basket size.

Marketing 103
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The role of in-store analytics in the age of E-commerce

Shopper Motion

By analyzing data on customer foot traffic , browsing and purchase patterns , and other metrics, retailers can identify areas for improvement and make informed decisions about store layout , product placement , and other factors that can impact the customer experience. Types of in-store analytics. Customer behavior analytics.

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6 Key Strategies for Enhancing Retail Conversion

V Count

Here are some proven techniques and strategies that can help you improve your retail store’s conversion rate and return on investment. Have you ever been to a store, got your eyes on an item or product, but for one reason or another, decided not to complete the purchase? This happens way more often than you think.

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6 Key Strategies for Enhancing Retail Conversion

V Count

Here are some proven techniques and strategies that can help you improve your retail store’s conversion rate and return on investment. Have you ever been to a store, got your eyes on an item or product, but for one reason or another, decided not to complete the purchase? This happens way more often than you think.