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Navigating AI Adoption: Why the Co-Pilot Approach is the Most Successful  

Retail TouchPoints

Early use cases for AI in retail include inventory management, dynamic pricing, customer service chatbots, loss prevention and personalized marketing. AI in Marketing: Creating Compelling, Engaging Content at Scale AI has revolutionized content marketing for retailers. That’s just the beginning, though.

Markdowns 311
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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

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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How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

Inventory is the second largest controllable expense and retailers are reporting back an improvement in markdown reduction losses of as much as 50 per cent through using the software to manage planning. You can discover more about Zebra Technologies’ new generation of connected software solutions here.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Traditionally, retailers have treated forecasting, planning, pricing, inventory, and promotions (marketing) as completely separate domains, often with competing mandates. Promotions can increase foot traffic and sales of market basket items, while simultaneously cannibalizing sales from a variety of other SKUs.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Proving that choosing to implement BOPIS tangibly affects the market share a retailer has access to. The rise of at-home delivery forced loss prevention managers to start looking beyond the store. Whereas BOPIS shifts the delivery to the retail premises where store employees and loss prevention practices control every order.