Andrew Max’s Post

Explore the 2024 retail guide - Think with Google https://buff.ly/43j5E5I

Explore the 2024 retail guide - Think with Google https://buff.ly/43j5E5I

Explore the 2024 retail guide - Think with Google https://bit.ly/3Vf6sG6

Explore the 2024 retail guide - Think with Google https://bit.ly/3Vf6sG6

13 years ago, an article was published on how retailers can better connect with customers and predict what they need. Today, some retailers are still missing the mark. While advancements in AI-driven offers and POS systems are important, an associate's connection with customers is the most important to the retail experience. Actively listening to customers and anticipating their needs can make all the difference. It isn't just the right thing to do for the customer - doing so also drives loyalty and revenue growth. #CustomerService #Retail #SalesTips

Another great blog post from our intern Jake Frimmer about the importance of POS analytics on retail and wholesale planning. Read it here: https://lnkd.in/ehrHgxs2 #POS #retailanalytics #inventoryplanning #retailai

Online retailers can harness much more data about shopper behavior and push products out accordingly. Until now, the brick-and-mortar equivalent has been a black box. But it needn't be. Dustin Ares, LPC of Sensormatic explains how in-store shopping can be data-driven as well, in this feature for insight.tech. (link in comments).

Immerse in AI-powered retail revolution with smarter inventory management and proficient sales predictions. No more guesswork or overstocks. Get real-time updates centred around customer preferences, potential Shortages rectified in the nick by these witty technobrains. Leverage pattern recognition to deliver conceptual product associations, bolstering cross-selling opportunities. Discover evolved shopping today! What are your thoughts on this?

Fascinating discussion from the Omni Talk Retail team on the evolution of barcodes, QR codes, and the impact on retail considerations such as marketing, customer loyalty, food waste, and recalls. Definitely worth a listen! #retailinnovation #zerowaste

“This work offers online retailers a useful tool to improve their operational decisions in this challenging new online retail environment," said Zoey (Zhaohui) JIANG, study co-author and assistant professor of business technologies at Carnegie Mellon University - Tepper School of Business. "Our model's ability to flexibly and accurately understand substitution patterns among a large number of products, without sacrificing scalability, lays an important foundation for effective operational decision-making." Forecasting is complex, and this tool reduces sales forecast errors by 10–30% compared to traditional methods. Well done! https://lnkd.in/gqeCC4ee