This week Manthan catches up with AI expert and influencer, Dr. Craig Brown.
Artificial Intelligence is growing into a huge market in 2017. This infographic takes a look at where retailers will start to deploy AI.
Manthan interviews Chris Petersen on competing profitably in the retail marketplace.
Going to NRF 2017? This infographic showcases the highlights you shouldn’t miss out on!
This infographic explores Manthan’s stellar performance in the 16th Annual RIS Software LeaderBoard.
Predictive analytics and Prescriptive analytics will attract 40% of enterprise investments. Find out why with this infographic.
Before planning your pop-up store, learn what kind of pop-up retail store works best for your brand.
Analytics can be used to improve living efficiency and provide better urban governance in smart cities. Find out how, using this great info-graphic.
This post takes a closer look at several emerging retail technologies, that are promoting better shopper habits, and changing the way the retailers work.
While growing for the consumer packaged goods (CPG) industry was a challenge in 2015, analysing industry trends can help retailers stay prepared for future events. This infographic highlights some of the interesting facts.
From research to surveillance to photography, drones are flying off shelves as more businesses explore commercial applications of this aerial technology.
From knowing their customers to creating products just to for them, check out how these 14 retailers are leading the way to proactive personalization.
Smart mirrors have made their debut into fitting rooms across stores making the dressing room less of a trial. Let’s take a look at which retailers are leading the fray.
Meet Amazon’s Echo, and learn about the remarkable activities this intelligent IoT can do for you, in this infographic from Manthan.
From cost-conscious consumers to slow innovation, this article takes a look at what’s impacting the fashion industry.
Understanding the different flavours of AI can help you better take advantage of artificial intelligence currently in use, and prepare for developments of the future.
This infographic details the numerous ways retailers stand to benefit from incorporating IoT into their stores.
Easy access to vast data in combination with AaaS tools is pushing innovation by business users who now have the power of data scientists at their fingertips.
For wearables to reach the next level requires companies to build additional analysis features that increase engagement levels, and provide an unparalleled benefit to the consumer.
Ushered in on a wave of retail-specific apps, disruptive technologies are changing the way that shoppers interact with their preferred stores. Learn more about how top brands use these technologies to engage consumers to gain a competitive edge.
Wearables are the next big thing that will change how we live and work. This infographic gives us a view of how wearables is already impacting the retail industry.
Ajith Nayar outlines the most effective prespecriptive analytics techniques that help in deriving best business decisions
Check out this infographic covering our RIS Software LeaderBoard results to explore Manthan’s performance across categories.
With as many as 75 million connected devices going online by the year 2020 the symbiotic relationship between IoT and analytics is geared to become more pronounced in the future.
Tesla loves analytics! This infographic explores the ways analytics is being used by Tesla to compete in the automobile industry.
BI offers endless possibilities today and prescriptive analytics is the latest development in this field.
With all the discussion around big data and retail cloud analytics, here are the 3 important things retailers need to understand before moving to the cloud.
How did analytics evolve into the burgeoning industry is it today? Take a look at this timeline infographic that pieces together the evolution of the analytics industry.
Amazon has introduced a lot of new services and nomenclature in the last few years. How well do you know your Amazon lingo?
Analytics have grown to become one of the most powerful tools available to retailers, and with cloud analytics available to even the smallest retail shops, its adoption curve is beginning to look like the classic hockey stick.
Explore this retail store layout infographic to find out what some of the best experts have to share to improving your in-store layout.
With more customers exhibiting the Veruca Salt syndrome, the competition for retail delivery is heating up and pushing innovation to fulfil demand.
As key representative of the customer, CMOs are in the spotlight as their roles evolve into new territory. This article looks at how the Retail CMO role is changing.
Video intelligence platforms can improve the quality of operational decisions, bring merchandising and marketing initiatives to fruition, promote cross departmental collaboration, and enable personalized shopping experiences.
The current era of business users demand the democratization of data and easy access to analytics. View trends on how business users are driving the consumerization of analytics.
In-store virtual shopping experiences are burgeoning with exciting technologies! Check out these virtual shopping technologies coming to retail.
This handy glossary of common analytics terms is great if you are a retailer or CPG manufacturer looking to understand your analytics software. Be sure to bookmark this page so you can quickly come back and learn more about your analytics product.
If retailers use real-time analytics to analyze unstructured data, they will optimize their business operations, race ahead of competition, and transform the relationship with consumers forever.
As companies begin to incorporate personalized marketing, many have discovered that there are a lot of ways to go wrong with it! Be smart and read up on these common pitfalls to avoid.
Remember that old Chutes and Ladders game? This brilliant infographic helps you visualize how your shoppers journey along the path to purchase using the visual elements from Chutes and Ladders.
Remember that old Chutes and Ladders game? Imagine shoppers need to reach the last square but with more ladders and less slides. An effective omnichannel strategy to help them win the game.
What are millennials shoppers demanding and how can you gain influence with these young shoppers? This article helps you get into the head of the millennial generation.
Retail analytics is shedding the complex IT attire and becoming more business user friendly.
Though the amount of sales made is crucial in the ecommerce industry, it’s the ability of the e-tailing company to make more sales per person that edges them past their competition
DSM collects, integrates, cleanses, synchronizes, analyses, and disseminates customer related data which can enabling demand-driven decision-making.
Supplier Collaboration can enable cost reduction, speedy fulfillment, downsized inventories, and many other benefits for retailers, suppliers and shoppers.
Omnichannel fulfillment lets shoppers choose the way they shop and procure the products the way they want.
Most CPG retailers and manufacturers are noticing a downward trend in terms of sales and profits. Here is why…
C-stores are gaining speed in the race of providing quick, nutritious and delicious food on the go and increasing their profits.
Path-to-purchase is gaining importance for CPG marketers in order to get into customers’ pre-planned shopping list.
Convenience stores have always been laggards when it came to technology adoption, but now many are utilizing advanced techniques to entice shoppers.
Context-aware offers are giving greater returns in CPG retail than any other marketing tactics for “me-specific” customers of today.
When 50% of c-store sales are based on impulse, what can retailers do to make customers pick more items on impulse and increase profits?
Real-time video chat is clearing the way for fashion retailers to build a future-ready customer engagement paradigm online.
How can c-store marketers leverage technology to keep pace with shifting customer behavior?
Shopper marketing is gaining importance in retail and requires a high level of collaboration between retailers and CPG manufacturer for greater efficiency.
There are many challenges that retailers face when deciding to implement omnichannel strategies. Here are the top three hurdles to omnichannel success.
Though segmentation had its own benefits, personalization is the new trend taking the retail world by storm.
Predictive analytics can enable convenience store owners to optimize fuel prices, understand shopping patterns, and generate better results.
Millennials, or people born between 1980 to 2000, are the top contenders among c-store shoppers, responsible for approximately 30% of sales.
Learn how Retailers and supplier when collaborate to work towards a common goal can optimize and enhance the value out of the supply chain
While every kind of Retailer has adopted/is adopting analytics in a huge way, Convenience stores still face a number of hurdles in adopting an analytics regime
As a Retail Marketer what to promote is on top of your mind, not who should receive what promotions when and how, right? Now, wait a minute, rewind to last promotions you designed, and ask yourself, were you customer centric in your approach?
We explore ship-from-store trends and discuss how retailers are using their stores to fulfill online and regional orders, in a move to compete against pure play ecommerce giants like Amazon and eBay
Omnichannel retailing is opening new opportunities for apparel brands to create shopping differentiation by connecting customer journeys from clicks to bricks and vice-versa
In the world of omni-channel marketing, progressive retailers are implementing new and impactful ways to manage pricing, inventory and multichannel fulfillment to optimize markdowns and cut losses
Targeting the new fashion customer requires integrating a wider set of big data across store, digital, social and mobile interactions, and stitching together a picture of the customer journey
With SoLoMo strategies, retailers are now able to reach customers at the key intersection of their buying decision in a personalized and relevant manner.
C-stores are entering a new era of agile merchandising and marketing. With the ability to plan and execute localized assortments, leading C-stores are now able to meet store-level demand much better with customized assortments that suit the local customer profile.
Customers seeking value for their buck is no secret and loyal customers want more than just value; they want to be rewarded for their loyalty.
This is the most commonly used statistical technique for psychographic profiling. Analysis of this type identifies relatively homogeneous groups of customers based on selected variables.
The use of technology in the retail space has definitely changed the way the industry functions. Processes are faster, better and more efficient ? and that’s critical for an environment where every single advantage point counts.
What’s the common factor between Sprouts Farmers Market, lululemon and Michael Kors? They’re all currently the toast of the retail world because of their remarkable growth stories
Much has been said about the explosion of multichannel and omnichannel retail and the way they’ve changed the pace of the retail industry.
Technology has revolutionized the retail space in more ways than we can count. Today, retailers rely on technology to identify new opportunities to sell more, sell better and sell faster
In in the past few years, retailers have come to terms that analytics is a vital part of their business and so most of them have implemented some sort of data warehouses and analytics solutions.
While collecting and mining data for useful insights is an important part of the retail environment today, many retailers and suppliers have discovered the advantages of sharing this data with each other
While leveraging multi-channel opportunities is the current darling of the retail world, there’s one aspect that separates success from failure ? the ability to market to multichannel customers.
It’s becoming increasingly clear that sticking to single-channel retail just doesn’t cut it anymore. Customers need more than an attractive window-display to attract them into buying from a particular retail brand
Multi channel retailing is blending ‘online’ and ‘digital’ with ‘brick and mortar’ and ‘in store’ – to offer shoppers a range of self service retail options.
Today, shoppers don’t need to be told what’s hot and what’s not by a retail representative – they already know what they want, how much it costs and where they can get it at the cheapest price!
What’s the secret to running a successful retail promotion? These days, the answer to that question would be personalization – every shopper is unique and wants to be recognized that way.
There’s no denying the opportunities analytics has opened up for retailers over the past few years. See how you can improve collaborative supply chain with predictive analytics.
Innovative personalized promotion strategies for retailers through Retail Analytics. Learn how retailers are creating more personal experiences for shoppers today.
In which areas of retailing can the power of big data analytics be leveraged, and what are some of the best practices to consider in a retail big data project?
In a fiercely competitive retail market, suppliers are using downstream data from retailers to gain scarce shelf-space, win customer wallet share and drive supplier collaboration.
When it comes to being truly cross-channel and offering a consistent customer experience across channels, where do you think your retail business stands?
What transaction and customer information should you track as part of your multi-channel retail strategy? How can you use this information in your strategic decisions?
What did some retailers who faced the brunt of Hurricane Sandy do to minimize the cyclone’s impact on their business?
What’s the first name that comes to your mind when you hear ‘discount retailer’? Chances are that the names Wal-Mart or Target pop up.
An efficient workforce can make all the difference to a retail store’s success. How can retail managers keep employees motivated and their morale high?
Is your loyalty program brining in profits? Loyalty is not a one-time activity but a way of consistent thinking and lifelong strategizing for the retailers.
The year 2011 saw the release of “Moneyball”, starring Hollywood actor Brad Pitt. The film depicted the Oakland A’s coach Billy Beane and general manager Paul DePodesta’s successful attempt to put together a baseball club
Price optimization is a crucial part of the retail game – it has to be as accurate as possible to succeed. Here are a few factors that affect your price decisions and its impact on the customer.
How is gamification working for your retail business? Here are 10 powerful ideas to help you create a better gamification strategy to win customers and build loyalty.
The official ‘Olympic Flame’ at the just concluded 2012 Olympic Games at London journeyed across every region of the UK, over a 70 day period, with celebrations planned in 66 towns and cities across the country as the relay passed through them. And that’s only the beginning….. An estimated 8.8 million tickets sold 37 competition […]
Holding onto slow-moving merchandise will lead to stale stock. It means disappointing customers looking for the latest products and styles in your stores. Markdowns is the answer to your problems.
When it comes to social media most retailers are still struggling to make sense of it and utilize its power for profits. Merely creating social media accounts and enticing people to follow or like your business is not sufficient.
As a retailer, one of the most pressing questions you might have is: how can I get customers to keep coming back to my store?
CPG, apparel, and fashion retailers often face a challenging situation at the time of a new product launch as it involves a great deal of planning and timely execution.
What can retailers do to entice customers before, during and after their visit so as to increase their shopping basket size?
Many stores today are becoming victims of “showrooming”. They see good number of footfalls but low purchases. So, what can be done to entice the visitors to convert into buyers?
The shopping habits are changing, and customers are making use of technology on their fingertips to make intelligent and well-informed purchase decisions. Taking baby-steps to meet customer demands is not an option, retailers either have to deal with it full-throttle, or say goodbye. The competition is not only among similar retail stores, but also online […]
Retailers need answers to the question ‘What is likely to happen next?’ if they are to manage smart, customer-centric merchandising decisions.
So far, Walmart had been a retailer – aggressive on price and conservative in its marketing efforts. A late entrant into the social media game, today Walmart seems to be rewriting the rules of engagement on social media. In the last few months Walmart has built an active online presence and created quite a buzz […]
An irate customer gets to know days before Christmas that orders she had booked online with a well-known retailer will not reach her in time.
Contrary to the common notion that Pinterest works only for retailers of lifestyle, fashion, food, crafts and design-based products, retailers of all genres should join Pinterest and make the most of it. Salmon with strawberry salsa. Sweet potato enchiladas. A rich brown quinoa loaf. Multi-hued bed linen, Indian rugs, vibrant throw-cushions and mahogany mirror frames. […]
Grocery analytics helps grocery retailers gain a closer understanding of shopper behaviour enabling them to optimize stocks and profits
The year 2011 will be remembered in retail as the year that the customer took control. And truly successful retailers are implementing strategies that help them to make the most out of the situation.
Retailers have to gradually scale up their multi-channel analytics abilities moving from historical data to real-time analysis of live data streams to master the multi-channel game across every retail touch-point.
Mobile Business Intelligence and Mobile Analytics are helping retailers with decision-making on the go and quicker responses to fast-changing retail markets
Vendor scorecards offer concrete metrics for supplier reviews and Joint Business Plans while facilitating long-term collaboration for mutual benefit of suppliers and retailers.
Advanced intelligence systems now complete the Analytics Process Lifecycle by closing the loop from information all the way to actions that result in best business outcomes.
Retailers tend to view supplier collaboration as a series of short term, event-based practices.Long term, collaborative partnerships with suppliers is what they should be aiming for.
Retailers are focusing on every aspect of store operations and fulfilment systems so that they form a part of a superior,seamless cross-channel experience for their customers.
A new range of analytic applications are offering retailers an action-focused approach to efficient, outcome-driven decisions and the actual execution of these decisions.
Mobile Applications (Apps) from retailers offer high engagement and quick results to shoppers on the move and are an excellent platform for retailers to connect with their customers.
Many retailers aim to sweat their assets and continue operating with legacy systems. Modern BI solutions can help by integrating seamlessly with these and extracting valuable information from these.
Multichannel retailers have to leverage cross-channel synergies and build advanced analytical capabilities to successfully deliver consistent shopping experiences across channels.
An analytical framework to track consumer behaviour and reactions to Social Media and Mobile Commerce (SMMC) initiatives on three parameters – Thinking, Talking and Transacting.
IBM’s Watson is one in a series of path-breaking innovations that are set to trigger a new wave of evolution in BI and analytics where the lines blur between BI and AI.
Advanced retail Business Intelligence (BI) solutions leverage RFM models effectively to help retailers with their direct marketing efforts and better target their promotions and loyalty programs.
Retailers have to learn the tightrope walk of product rationalization to effectively manage smarter assortments that ensure they have no excess stocks and avoid the risk of stock outs.
Retail BI applies the principles of product affinity and Market Basket Analysis to business data to reveal the hidden connections between products and discover patterns in customer behaviour.
Winning retailers are learning to interact with customers on various social media platforms and to use the analytics insights gained from these towards building better customer engagement models.
A top-down approach to decision-making is not always feasible and retail staff at all levels must have access to automated systems that provide them timely, relevant and ready-to-use information.
Five Business Intelligence myths stand corrected to help retailers redefine their expectations from retail BI and identify analytics closely tailored to their business.