Retail TouchPoints

AUGUST 17, 2023

In response to this unpredictable economic landscape, consumers have recalibrated their shopping habits, demanding businesses to exhibit a newfound agility and innovation. She is the VP and Managing Director at IBM , focusing on the consumer-packaged goods, retail and travel and transportation industries.

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Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

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CJ Retail Solutions

MARCH 15, 2023

As a business owner, you understand the importance of merchandising in your shop. Good retail merchandising is essential for attracting customers, improving sales, and creating a positive shopping experience. They can also help with store design, creating an ambiance that matches your brand and appeals to your target customers.

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V Count

MARCH 28, 2024

Hence, it is essential to ensure your customers remain satisfied both during and after their shopping experience. Providing customers with a smooth, seamless shopping experience when they visit your store will invariably set you apart from your competitors. The after-sales support service might not always be within your control.

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V Count

MARCH 28, 2024

Hence, it is essential to ensure your customers remain satisfied both during and after their shopping experience. Providing customers with a smooth, seamless shopping experience when they visit your store will invariably set you apart from your competitors. The after-sales support service might not always be within your control.

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V Count

JANUARY 26, 2024

Now, it seems, the spotlight has turned towards the traditional brick and mortar retail shops. Then, we’ll talk about how all types of retail businesses can use AI, from improving inventory management to customizing customer experience. In this blog post, we’ll explain Artificial Intelligence (AI) in simple language.

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MARCH 6, 2024

Let’s delve into eight essential steps to effectively entice customers to purchase products from your retail shop. 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.

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V Count

MARCH 6, 2024

Let’s delve into eight essential steps to effectively entice customers to purchase products from your retail shop. 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.

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Inside Retail

JUNE 19, 2023

The recent Mainstreet Australia Awards, held during Main Streets of Australia Week last month, recognise and celebrate the importance of local high streets, strip shopping centres and town centres (collectively referred to as ‘main streets’), and the role they play in creating lively communities, individual wellbeing, and robust local economies.

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RETAIL MANAGEMENT SOFTWARE

DECEMBER 4, 2023

But the frosty economic climate hasn’t diminished their overall enthusiasm for festive shopping, with Americans remaining optimistic about the upcoming season, according to McKinsey. Personalized Shopping Experiences: In the age of data analytics, retailers are leveraging customer information to personalize the shopping experience.

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Retail Focus

MAY 24, 2023

Constant unavailability may also harm your shop’s reputation making the customer feedback mostly negative. According to the same study, customers expect a shop assistant to provide more detailed information about the product’s availability within two minutes of their request.

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V Count

JANUARY 7, 2022

Today, physical retailers and shopping malls remain vital drivers for sales, and more physical stores are leveraging technological solutions to optimize operations, improve customer satisfaction, and boost profitability. . Lost revenue is one of the significant issues associated with shopping cart abandonment in retail.

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RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

By analyzing historical sales data, seasonality, and external factors such as weather and social trends, AI algorithms can help businesses make informed decisions about inventory management, pricing, and marketing strategies. Supply Chain Efficiency AI is also transforming supply chain management in the retail and CPG industries.

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Inside Retail

NOVEMBER 27, 2023

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. Today’s consumers might browse products online and then feel, try and buy them in physical stores.

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CJ Retail Solutions

JULY 7, 2023

In the dynamic world of retail, creating an exceptional shopping experience is paramount to attract and retain customers. From captivating displays to seamless store layouts, every aspect plays a crucial role in driving sales and customer satisfaction. Inventory Management Solutions 5.3. Point-of-Sale (POS) Systems 5.2.

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Shopper Motion

DECEMBER 20, 2022

In today’s digital age, it’s no secret that online shopping has become a major part of the retail industry. With the convenience and accessibility of shopping from home, so many consumers turn to e-commerce platforms for their purchasing needs. The Importance of Connecting Online and Offline Shopping Data. . .

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Wiser

JULY 31, 2023

Common Issues With Planogram Compliance One issue that brands often see when it comes to planogram compliance is inconsistent implementation across various store locations. There’s often a lag between the time a planogram is created and when it’s implemented in-store.

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Retail Minded

OCTOBER 18, 2023

The meticulous planning and execution of retail space management extend beyond the mere placement of products, embedding within its scope the nuanced aspects of customer experience, safety, and store profitability.

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CJ Retail Solutions

DECEMBER 11, 2023

Importance of retail store installation and design 1.2 Maximising layout for optimal traffic flow 3.2 Rotating merchandise to keep the store fresh and interesting Technology Integration 6.1 Incorporating digital signage for promotions 6.2 Involving employees in the design and layout decisions 9.3

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Shopper Motion

DECEMBER 19, 2022

By collecting data on how shoppers move through the store, what products they interact with, and how long they spend in different areas, retailers can gain a deeper understanding of what drives sales and make informed decisions about store layout, product placement , and marketing efforts. The rise of in-store shopper tracking.

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Wiser

APRIL 10, 2023

For example, an ice cream shop might offer other treats like frozen yogurt, cookies, or candies to appeal to customers who aren’t looking for ice cream. If you hope to influence the customer path to purchase within your stores, then considering these factors is essential. All of these brands offer a large, varied product mix.

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Retail Focus

JANUARY 12, 2023

A comprehensive brand experience is promoted from the outside and into the physical space as well as other brand touchpoints. Creating exceptional pop-up shops is not an exception. This generally includes elements such as signage, colour palette, lighting, and overall store layout. Ghalia BOUSTANI.

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Wiser

AUGUST 13, 2019

Ensure your inventory management is working properly. The important part of a solid promotional strategy is to ensure that these sales events don’t cannibalize the revenue from your full-priced items. Offer Promotions. Sales promotions are another excellent way to increase market basket size. Reduce Out-of-Stocks.

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Retail Focus

NOVEMBER 7, 2023

The catalyst behind this transformation is the emergence of hyperphysical stores, a groundbreaking approach that is redefining the very essence of the retail experience. Hyperphysical experiences benefit retailers, particularly in appealing to the Gen Z audience, who seek more than just a transactional shopping process.

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Shopper Motion

DECEMBER 28, 2022

Physical touchpoints refer to the tangible elements of the customer experience, such as the store layout, product displays, and in-store signage. These touchpoints can have a significant impact on the customer’s perception of the store. Digital touchpoints for optimizing the in-store experience.

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I Vend

FEBRUARY 9, 2024

For retailers, Valentine’s Day offers a shopping boost in the after-holiday mid-February slump, but it’s more than that – it’s also a reminder that love comes in many forms, including the love that shoppers have for their favourite store. Process automation – such as inventory management , tracking stock levels and re-ordering.

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365 Retail

MAY 5, 2023

In the next decade, we can expect to see groundbreaking advancements that will further transform the shopping experience, both online and offline. Online Retail: Personalization, Chatbots, and Predictive Analytics In the e-commerce landscape, AI has played a pivotal role in creating personalized shopping experiences for consumers.

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I Vend

DECEMBER 11, 2023

Process automation – such as inventory management , tracking stock levels and re-ordering. Store layouts – optimising sales by tracking shoppers and the way they navigate the store. This combination of payments and loyalty gives retailers the opportunity to build and manage and end-to-end brand experience.

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CJ Retail Solutions

OCTOBER 16, 2023

Retail store installations are a crucial component of maintaining a fresh, enticing atmosphere. When done right, they can enhance your brand’s identity and improve the overall shopping experience. Retail store installations are the backbone of this endeavour, setting the stage for your brand’s unique story.

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V Count

SEPTEMBER 24, 2021

If your store has the items they want, the chances of buying improve. If the store layout is simple enough for the visitor to find what they need, the probability of a purchase goes up even more. If there are no bottlenecks in the store and no queues at the checkout, a purchase is all but certain.

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V Count

APRIL 12, 2023

Duty-free shop managers can use the information they gain through visitor analytics to make data-driven decisions and improve store layout, product placement, staffing levels, and launch more effective marketing strategies.

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V Count

APRIL 12, 2023

Duty-free shop managers can use the information they gain through visitor analytics to make data-driven decisions and improve store layout, product placement, staffing levels, and launch more effective marketing strategies.

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V Count

MAY 6, 2024

A customer may choose to leave a store and not make a purchase if they feel they are being ignored, not treated respectfully, or if they perceive the customer service to be subpar. High Prices : Another reason why customers might abandon their shopping carts is because of high prices.

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V Count

APRIL 10, 2023

Precise visitor flow data can help you develop targeted ads or launch tailored marketing and promotional campaigns. Optimize Store Layout and Design There are numerous benefits to understanding visitor flow, and one standout benefit is optimizing the store layout and design to maximize profits.

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Retail Minded

JANUARY 4, 2022

These significant changes in the digital and marketing spaces altered customer expectations, shopping processes, and online experiences. Hence, the creation of customer chatbots to promote better communication with customers. . They may also help improve customer experiences by maximizing store layouts and optimizing retail processes.

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Shopper Motion

DECEMBER 21, 2022

This data can provide valuable insights into customer behavior and help retailers optimize the in-store shopping experience. This article will explore the role of in-store analytics in the future of retail. There are numerous benefits to using in-store analytics in the retail industry. Better inventory management.

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