Inside Retail

SEPTEMBER 3, 2024

It’s anticipated that the global AI retail market will soar past A$36 billion by 2028 and exceed A$70 billion by 2032, highlighting its growing importance and undeniable impact. Personalised recommendations: You can tailor marketing and product suggestions based on purchase history and browsing behaviour.

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Loss Prevention Checkout Shrinkage Supply Chain Management 245

Retail TouchPoints

AUGUST 17, 2023

AI can optimize store layouts based on shopper behavior, enhance customer service with AI-powered chatbots and equip businesses with real-time analytics for informed decision-making. She is the VP and Managing Director at IBM , focusing on the consumer-packaged goods, retail and travel and transportation industries.

Consumer 246

Consumer Payment Services Supply Chain Management Store Layout 246

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2024

Rather than having fragmented or isolated data across different stores, warehouses, or sales channels, a centralized database ensures that every bit of information—such as inventory, sales data, customer details, and vendor records—is stored in one unified system. Key Benefits of a Centralized Database for Retailers 1.

Inventory Management 111

Inventory Management Location Management Supply Chain Management 111

Retail TouchPoints

FEBRUARY 28, 2024

This can be particularly beneficial for retail businesses that have multiple brands or products, or seek to apply common metrics and models to disparate marketing or sales channels, or stages of an order lifecycle or customer journey. It is useful for optimizing store layout, staffing and marketing.

Inventory Turnover 260

Inventory Turnover Supply Chain Management Store Layout Marketing 260

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Traditional marketing strategies alone are no longer sufficient in today’s digital age. Enter Artificial Intelligence (AI), a game-changing technology that is revolutionizing the way businesses approach marketing in these industries. This data helps companies make informed decisions about marketing and branding strategies.

Marketing 111

Marketing Inventory Management Supply Chain Management Store Layout 111

Retail Minded

JULY 6, 2024

In the retail business, whether it’s a physical store or an online retail outlet, the product is what draws customers in and keeps them coming back. Understanding Your Target Market and Their Needs You need to know who you’re selling your product to. Think about who your customers are and what they really want.

Payment Services 52

Payment Services Store Layout Promotions Advertising 52

365 Retail

MAY 5, 2023

One industry that has experienced a paradigm shift due to the introduction of AI is the retail sector, where this powerful technology has been gradually integrated into various aspects, from physical stores to e-commerce platforms and social media marketing. The technology also enables retailers to create targeted marketing campaigns.

Store Layout 81

Store Layout Promotions Inventory Management Advertising 81