Inside Retail

NOVEMBER 27, 2023

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. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Wiser

FEBRUARY 9, 2021

Therefore, it’s a must that you manage your price image alongside your more concrete pricing strategies, as the right price image can be a boon to sales for your business. This might be because these expensive items are often the most promoted and prevalent items in a store (physical or online). Discounts and Promotions.

Promotions 113

Promotions Store Layout Advertising Consumer 113

V Count

MAY 6, 2024

Lack of Assistance : Finally, the availability and visibility of store assistants play a crucial role in a customer’s shopping experience. In fact, absent any external factors – which are typically beyond the control of businesses – these issues can be effectively managed.

Payment Services 52

Payment Services Checkout Store Layout Returns 52

V Count

MARCH 6, 2024

Bring Value to People After Visiting Your Website When customers initially visit your website, it becomes absolutely vital to provide them with substantial incentives that would motivate them to visit your physical store. One of the key factors to consider is the optimization of traffic flow within your store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

V Count

MARCH 6, 2024

Bring Value to People After Visiting Your Website When customers initially visit your website, it becomes absolutely vital to provide them with substantial incentives that would motivate them to visit your physical store. One of the key factors to consider is the optimization of traffic flow within your store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

Retail TouchPoints

DECEMBER 25, 2023

The retail intelligence solutions to effectively analyze a shelf set and store layout are readily available to retailers that want to make the best use of their space. Effectively managing inventory has never been an easy task for retailers. Better inventory management means better business operations, period.

Customer Experience 224

Customer Experience Dead-Stock Store Layout Point of Sale 224

Retail Minded

JANUARY 4, 2022

Hence, the creation of customer chatbots to promote better communication with customers. . In terms of managing the retail supply chain, an autonomous delivery robot may help retailers to check and monitor stocks, determine errors in pricing, and locate misplaced items. . Cashierless Stores .

Store Layout 98

Store Layout Promotions Marketing Retail Marketing 98

I Vend

MARCH 9, 2022

Personalised suggestions – By implementing smart loyalty programs, combined with geo-fencing and location awareness, retailers know when their loyalty customers are in the store. Continuous improvement – once shoppers are back in fashion stores, retailers can’t afford to rest on their laurels.

Fashion 98

Fashion Point of Sale Customer Experience Returns 98

V Count

JANUARY 7, 2022

Footfall insights within a location can be broken down to the time of day. Does your store layout allow for a smooth customer journey? With a Queue Management system, businesses like retailers can accurately calculate the number of customers at checkout queues and the average time they spend waiting. Efficient Staffing.

Shopping 52

Shopping Checkout Store Layout Management 52

Shopper Motion

DECEMBER 19, 2022

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.

Store Layout 52

Store Layout Customer Experience Marketing Inventory Management 52

V Count

FEBRUARY 26, 2024

You may also develop a reward or loyalty program and offer them freebies or special promotions to ensure they regularly visit your store. In a nutshell, knowing your target audience allows you to launch customer-focused marketing efforts and manage the visitor experience at your store.

Visual Merchandising 52

Visual Merchandising Target Market Management Promotions 52

V Count

FEBRUARY 26, 2024

You may also develop a reward or loyalty program and offer them freebies or special promotions to ensure they regularly visit your store. In a nutshell, knowing your target audience allows you to launch customer-focused marketing efforts and manage the visitor experience at your store.

Visual Merchandising 52

Visual Merchandising Target Market Management Promotions 52

V Count

JANUARY 26, 2024

Then, we’ll talk about how all types of retail businesses can use AI, from improving inventory management to customizing customer experience. Improved Customer Engagement and Experience AI facilitates a deeper connection between stores and shoppers by delivering highly personalized experiences. Let’s take a closer look!

Shopping 95

Shopping Inventory Management Customer Experience Store Layout 95

V Count

FEBRUARY 13, 2023

While online shopping is ever-growing, most retail sales still transpire in physical stores. Launching marketing campaigns and promotions via third parties or at your storefront can drive more shoppers into your establishment, but you can also increase your conversion rate and maximize your sales with in-store efforts.

ATS 40

ATS Store Layout Promotions Marketing 40

V Count

FEBRUARY 13, 2023

While online shopping is ever-growing, most retail sales still transpire in physical stores. Launching marketing campaigns and promotions via third parties or at your storefront can drive more shoppers into your establishment, but you can also increase your conversion rate and maximize your sales with in-store efforts.

Marketing 40

Marketing Store Layout Promotions Location 40

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 2, 2021

Store Layout and Window Displays. Evaluating your window displays and shop layout is a common starting step when dealing with low conversion rates. When it comes to store layout, most customers naturally prefer shopping in a certain order. Queue Management. Use Price Promotions Wisely.

Payment Services 52

Payment Services Checkout Store Layout Consumer 52

V Count

NOVEMBER 26, 2021

Thankfully, people counting technology has made it possible to accurately measure the number of people who visit physical locations. The V-Count Ultima AI people counting sensor is placed at the entrances of a store to measure incoming visitor traffic with an accuracy of 99.9%. Queue Management. Reduce queues and wait-lines.

Checkout 52

Checkout Store Layout Customer Experience Management 52

V Count

FEBRUARY 9, 2024

If you manage a car dealership, it’s crucial to stay informed and up-to-date on all car sales tips, understand who your customers are, and meet their demands to boost car sales and ensure your company’s success. Meanwhile, older generations prioritize comfort and brand recognition.

Target Market 52

Target Market Store Layout Consumer Marketing 52

Wiser

MARCH 13, 2018

How should we display this promotion? The importance of collecting in-store data from actual humans (not beacons, robots, or the like) grows as shoppers’ preferences evolve. As retailers change their selling strategies, store layouts, sales associate training programs, etc. What should this planogram look like?

Shipping 68

Shipping Store Layout Promotions Location 68

V Count

MARCH 28, 2024

One such step, and a crucial one at that, is implementing Queue Management systems. Over the course of this content, we will delve into why queue management systems are so important, the benefits they offer, and how you can manage queues effectively with the help of head count sensors. The Importance of Queue Management 1.

Management 52

Management Customer Retention Customer Experience Store Layout 52

V Count

MARCH 28, 2024

One such step, and a crucial one at that, is implementing Queue Management systems. Over the course of this content, we will delve into why queue management systems are so important, the benefits they offer, and how you can manage queues effectively with the help of head count sensors. The Importance of Queue Management 1.

Management 52

Management Customer Retention Customer Experience Store Layout 52

V Count

MARCH 20, 2024

Essentially, the use of people counting technology is crucial if you operate any physical location, which can range from an outdoor venue to a building. This is because it allows you to monitor the number of individuals visiting your location, providing valuable data that can be used to optimize your operations and improve customer service.

Store Layout 52

Store Layout Customer Experience Shopping Outdoor 52

V Count

MARCH 20, 2024

Essentially, the use of people counting technology is crucial if you operate any physical location, which can range from an outdoor venue to a building. This is because it allows you to monitor the number of individuals visiting your location, providing valuable data that can be used to optimize your operations and improve customer service.

Store Layout 52

Store Layout Customer Experience Shopping Outdoor 52

V Count

MAY 2, 2023

For instance, you can detect which marketing strategies and promotional efforts are the most effective and which underperform. This is also a great metric for comparing your store’s periodic performances. Factual store traffic information can open a whole new path for customer acquisition strategies.

ATV 52

ATV Store Layout Promotions Customer Experience 52

V Count

MAY 2, 2023

For instance, you can detect which marketing strategies and promotional efforts are the most effective and which underperform. This is also a great metric for comparing your store’s periodic performances. Factual store traffic information can open a whole new path for customer acquisition strategies.

ATV 52

ATV Store Layout Green Retail Promotions 52

Retail Next

FEBRUARY 27, 2020

In the past, retailers used to send mass promotions to customers with an expectation that some percentage of recipients would be interested and would turn up at the store. For example, a retailer shouldn’t send a promotion for baby diapers to a single man with no children. IoT, thus, marks the future of retail.

Checkout 52

Checkout Advertising Store Layout Promotions 52

Retail Next

DECEMBER 9, 2019

Some of the other benefits: iGR found that 62 percent of small businesses reported that customers spent more time at a location with free Wi-Fi than locations without. Half of those businesses surveyed said customers spent more after they added Wi-Fi to the store. In return, you get valuable customer data.

Marketing 52

Marketing Store Layout Returns Boutique 52

Wiser

APRIL 24, 2018

Rick Patsos, Manager of the Lead Generation team at Wiser. Shoppers want to make the most out of their trips to stores. When the item they want is not in stock at one of your stores, most shoppers will go to one of your competitors to see if they have it. Oftentimes, store layout is not considered.

Kiosk 87

Kiosk Drop-Shipping Store Layout Customer Experience 87