article thumbnail

Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

billion in 2028. Enhanced Customer Experience : By integrating AI technology into your customer service operations, you can improve the efficiency of your call centers and give your agents the tools they need to provide high-quality service. This can help improve customer loyalty and help you stand out from competitors.

article thumbnail

The Impact of Gamification on Retail

Sailthru

It’s expected to grow 26% by 2028. There are 3.07 billion people, or two in every 5 people worldwide who identify themselves as gamers. In 2021 the gamification market was estimated to be USD$12.35 As the gaming industry exploded in the last decade, the retail industry was also being turned on its head. billion by 2026.

Retail 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

M&S Adds Adidas and Sweaty Betty to Its Sports Edit Platform on M&S.com

365 Retail

The sportswear market is estimated to be worth over £4billion and is expected to continue to grow by 6% between 2023 and 2028*. The carefully curated approach is driving new customers, frequency and increased spend, while ensuring that majority of orders also contain an M&S product.

Apparel 63
article thumbnail

Mind the gap: How AI is giving retailers a competitive edge

Talkoot

billion by 2028. Not only does this provide a better experience (and ensure shoppers come back), but it also helps you collect useful data about your customers you can use in future campaigns. ? The How Retailers are using powerful AI technology to analyze customer data and serve highly-targeted product recommendations.

Retail 78
article thumbnail

6 POS Software Performance Metric Thrift Stores Must Track

iVend

Global sales in 2024 are at $1.046 trillion US dollars, and forecast to grow by $130 billion to $1.176 trillion by 2028. Integrated point of sale systems help retailers to capture customer data and use it to create engaging promotions, and to offer loyalty across their online and offline stores.

POS 52