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

Inside Retail

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. The multifaceted benefits of AI in retail So you probably get that AI in retail primarily uses machine learning and predictive analytics to process vast amounts of data, identifying patterns and providing valuable insights.

Tailored 245
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How Data Analytics Is Revolutionising Retail Design in 2024

Retail Focus

In this article, you will see how advanced data analytics transforms store layouts and enhances the shopping experience. Advanced tools analyze historical data to spot patterns, ensuring you stay ahead of the curve. You analyze foot traffic patterns to determine which areas get the most attention and adjust displays accordingly.

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Behind Apple’s price cuts and the competitive mobile phone market in Apac

Inside Retail

or 12.12, people are anticipating better promotions from vendors. In the case of the iPhone promotion in China, she observed that price cuts are happening all over APAC too. “In Kaur believes that vendors want to lock in purchases with pre-order promotions and bundling promotions too.

Marketing 130
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How Seasonal Shopping Affects Retail Stock Prices

Retail Focus

As retailers roll out promotions and discounts to attract customers, their performance during these high-stakes times can lead to fluctuations in stock valuations. Understanding how consumer trends and buying patterns during these specific seasons affect retail stocks is essential for investors aiming to make informed decisions.

Shopping 130
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Hong Kong retail sales remain grim: Is there light at the end of the tunnel?

Inside Retail

A government spokesman said the decline in sales was mainly due to the changes in the consumption patterns of visitors and residents, as well as the strength of the Hong Kong dollar. However, Mainland Chinese consumers are not travelling as often due to economic conditions, leading to softened consumption patterns and a drop in sales.”

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What Can Casinos Learn From the Retail World on Customer Retention

Retail Focus

In fact, one of our previous articles covers how retailers can borrow insights from online casinos to keep customers engaged. Brand Partnerships Cross-promotion is an excellent marketing strategy between brands and they get to tap into each other’s client base. Customers could make purchases and track their spending patterns easily.

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What is Retail Merchandising? Insights for Students Interested in Fashion and Retail

Retail Focus

This article delves into the foundational elements of retail merchandising, exploring its importance and impact on consumer behavior and store profitability. It encompasses key activities like product selection, placement, pricing, and promotional tactics. What is Retail Merchandising ?