The year 2019 would be all about algorithmic retailing as it encompasses the combined power of advanced analytics and artificial intelligence to transform retailing as we know it. Retailers have been already using various advanced analytics technologies till now, but with usable AI coming into the picture along with machine learning algorithms, smart data discovery, […]
The impressive growth of artificial intelligence and machine learning technologies in the past few years, have fueled the beliefs that AI might become capable enough to challenge or replace human intelligence altogether. But that is not going to be a reality anytime soon, at least not in the retail sector. Although, we have seen many […]
For over a decade, retailers have been trying to democratize analytics across their business units, departments and people, but it always seemed like a distant dream. With the use of artificial intelligence, it has become possible to smartly blend analytics into the very fabric of your retail business. Retailers can leverage AI-augmented retail data analytics […]
NRF’s big Retail 2017 show finished up today in New York city with another interesting round of connected Retail insiders offering key industry insights for this year.
Day 2 sessions at NRF 2017 focused on how to use the flood of new customer data to effectively drive authentic brand conversations that resonate with mobile-first millennial customers.
In-store personalization in retail is the ability to identify customers, understand their current context and respond back with highly relevant and personalized recommendations.
Before planning your pop-up store, learn what kind of pop-up retail store works best for your brand.
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.
This infographic details the numerous ways retailers stand to benefit from incorporating IoT into their stores.
Check out this infographic covering our RIS Software LeaderBoard results to explore Manthan’s performance across categories.
Amazon has introduced a lot of new services and nomenclature in the last few years. How well do you know your Amazon lingo?
With more customers exhibiting the Veruca Salt syndrome, the competition for retail delivery is heating up and pushing innovation to fulfil demand.
In-store virtual shopping experiences are burgeoning with exciting technologies! Check out these virtual shopping technologies coming to retail.
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.
This blog explores the ways in which digitalization can impact retail performance to deliver on the 4Cs of the shopper experience.
2014 saw a dramatic shift to cloud based Business Intelligence and Analytics. CIOs have discovered that the flexibility, scalability, quick adoption timelines and the ability to handle huge volume of data in the cloud has made it a remarkably better option than on-premises offerings.
By “Consumerization” of technology, the power of the consumer has been augmented and accelerated. Consumers now demand more – more convenience, more consistency, more collaboration, more customization.
Understand your customer deep down and provide a personalized shopping experience with the right assortment, right pricing and right promotions
Capitalizing the “Moments That Matter” in the customer lifecycle is key to delivering relevant promotions that deliver desired business outcomes.
Analyzing customer data provides insights on some unique buying behavior and also indicate the different journeys that various customer groups traverse.
C-stores are gaining speed in the race of providing quick, nutritious and delicious food on the go and increasing their profits.
Cloud provides an opportunity to retailers to adopt Customer Analytics quickly, in time for their next set of campaigns.
Convenience stores have always been laggards when it came to technology adoption, but now many are utilizing advanced techniques to entice shoppers.
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?
How can c-store marketers leverage technology to keep pace with shifting customer behavior?
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.
Anticipating your customer needs at the right time and providing them with the best in class service is what separates a great retailer from a good one.
Analytics can make an incredible difference in the way Fashion Retail works, right from choosing the best pricing and markdown strategies to predicting the next season trends.
With SoLoMo strategies, retailers are now able to reach customers at the key intersection of their buying decision in a personalized and relevant manner.
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
A retail analytics partner doesn’t just help with process optimization. They also need to help retailers grow, spot new opportunities and guide retailers through the highs and lows of the retail environment.
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
Customer data is an information goldmine for retailers if analyzed correctly and in a way that aligns with business and marketing objectives.
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.
Innovative personalized promotion strategies for retailers through Retail Analytics. Learn how retailers are creating more personal experiences for shoppers today.
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.
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.
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?
What can retailers do to entice customers before, during and after their visit so as to increase their shopping basket size?
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 […]
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 can build competitive advantage by leveraging every customer moment of truth to offer superior store experiences and personalized engagement across various retail touch-points.