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How to Classify, Match Product With Machine Learning
Billions of products are sold online, and there are numerous stores selling them. Identifying and matching products for various purposes like price comparison, becomes a challenge as there are no…
3 Retail Leaders Using Big Data & AI to Drive Efficiency
Information is power – when we use it wisely. Far too many retail executives feel overwhelmed by the vast volumes of data their companies collect, which often accumulate into a…
A Guide To Picking A Good Assortment Planning Tool
Assortment planning is a cumbersome process most retailers dread, physical or digital, but it’s essential to the business and becoming more critical than ever as the eCommerce segment grows. To…
Can the Beauty Industry Survive an Amazon Onslaught?
Decades-old retailers with valuation in the billions are quaking in their boots, afraid of one name above all others: Amazon. The Seattle-based titan of eCommerce looms over the entire retail…
Deep Discounts or Everyday Low Prices: Which Strategy do Consumers Prefer?
If you’re a retailer in the twenty-first century, chances are that you’ve come across the terms ‘deep discounts’ and ‘everyday low prices.’ Convenience stores, e-retailers, and brick and mortar stores…
How Online Merchandising Data Improves Your E-Commerce Results
Online shoppers can’t feel the luxurious fabrics, smell freshly ground coffee or taste sumptuous food samples. If you sell online, data can help you spark love at first sight. Immediate…
Decoding Shopper Behavior with Data Science
Can data science and calculated marketing strategies really keep up with the fickle emotions of shoppers? There’s no formulaic approach to help retailers predict the whims of consumers. But there…
Can The Star-Struck Retail Industry Get Its Business in Order?
Business-savvy celebrities are turning their popularity into profitability. This year in particular, celebrities might be just what the retail sector needs. As global headlines proclaim, the retail industry is enduring…