The impact the pandemic has had on brick-and-mortar retail is detrimental. In the US, 12,000 stores had to shut their doors. And those left to wonder: What do we do to sustain our businesses? Below, we look at retail technology trends that can help brick-and-mortar stores survive the pandemic, reopen safely, and lure customers back. 2020 wasn't easy on retailers. Although … [Read more...] about Retail Technology Trends: 13 Use Cases to Help Stores Reopen Safely and Sustain Revenue
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Does Data Validation Help E-Commerce Players Succeed?
In today's world, many businesses prioritize building an online presence over opening a brick-and-mortar retail outlet. Nasdaq estimates that by 2040, 95% of all purchases will be made online through e-commerce websites and applications. Everything from office stationery to gold jewellery is available online. Given the many advantages of the online world, one would assume that … [Read more...] about Does Data Validation Help E-Commerce Players Succeed?
Automotive Retail 2021
The automotive industry has undergone dramatic digital change, whilst the sales process and showroom model has remained the same. COVID-19 has caused huge disruption and accelerated dealerships and OEMs to revisit their sales process. For 2021, we must figure out how to execute this new online and offline customer relationship to meet customers changing expectations. As this … [Read more...] about Automotive Retail 2021
REUTERS NEXT
REUTERS NEXT?kicks off 2021 by gathering global leaders?and forward thinkers to reimagine solutions to the challenges the new year brings. After the extraordinary upheavals of 2020, we will come together to look ahead at opportunities for change and growth, as well as how to deal with the rifts and problems that our world and our societies face. No country,?company or … [Read more...] about REUTERS NEXT
Retail Pricing: Getting the Most Out of Machine Learning
Machine learning is here to help retailers become more productive and If you are reading this article, you are probably looking for new approaches to optimizing pricing. Simply put, traditional methods are not good enough anymore. It is true that they are still working well enough to let you survive, but they are insufficient to put you ahead of tech-savvy competition. In this … [Read more...] about Retail Pricing: Getting the Most Out of Machine Learning
