Retail TouchPoints
JUNE 5, 2024
The experts agree, predicting that global AI in the retail market will surpass $24 billion by 2028 , growing at 24.4% AI algorithms can analyze customer data and behavior to provide highly customized and tailored recommendations, content and experiences to each shopper to drive higher engagement and conversion. The end result?
Retail TouchPoints
AUGUST 12, 2021
” IL MAKIAGE joins a growing list of retail and consumer brands that are acquiring tech companies to bolster their data-driven capabilities. Even smaller companies like 1822 Denim have been able to boost conversions and consumer confidence using this type of technology. billion by 2028, according to Grand View Research.
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UpSellIt
APRIL 24, 2024
Four years later, consumers continue to define the home as a multifunctional space, proving that this redefinition of the home is not a fleeting trend. AI Recommendations: Online shoppers don’t have the comfort of in-store style experts who know what items your brand has to offer.
365 Retail
JANUARY 3, 2024
Today’s audience seeks active participation, and this shift fuels the rise of interactive platforms that blur the lines between creators and consumers. This translates into recommending themed content based on past preferences or providing personalised suggestions, elevating the user experience to new heights.
Talkoot
FEBRUARY 16, 2023
billion by 2028. Brands that aren’t leveraging the technology in at least some of their activities will fall behind–because, let’s face it, manually trying to personalize product recommendations, reach shoppers at scale, and guess how much inventory you need is near-on impossible and rife with human error.
Talkoot
NOVEMBER 20, 2023
The Global Footwear Market: An Overview After being buffeted by the pandemic and accompanying supply chain disruptions, the footwear industry has bounced back and is now projected to grow at a CAGR of 5% and hit $314.2bn by 2028. Some key takeaways: Product recommendations drove 16% of revenue generated, with a 348X ROI.
eCommerce CEO
MAY 18, 2019
CAGR from 2018 – 2028. If you go wholesale, it’s great to be able to use the famous multi-brand stores to build awareness and trust amongst consumers, but you will have to peg your prices to theirs, including their 300%-400% markup on your wholesale prices. Shapewear: Shapewear is another product niche that’s winning.
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