Remove 2028 Remove Customer Data Remove Customer Experience Remove Management
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AI Remains Transformative Within the Ecommerce Space in 2024

Retail TouchPoints

The experts agree, predicting that global AI in the retail market will surpass $24 billion by 2028 , growing at 24.4% About two-thirds of companies plan to invest more in AI in the next six months, and 60% of commerce leaders recognize the value of AI in boosting customer experience to provide a competitive advantage.

eCommerce 262
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Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

billion in 2028. With a better understanding of your customer demographics, you will be able to price your products more effectively, and respond to changing market conditions quickly so you can make data-driven decisions that will benefit your business in the long run. Customer support. billion in 2021 to $31.18

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

Talkoot

billion by 2028. By better understanding your customers, you can predict future purchasing behavior and tailor your interactions with them. This leads to increased customer loyalty, higher engagement levels, and, ultimately, more sales. Instead, they’ll go elsewhere, losing you a customer and potential future revenue.

Retail 78
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6 POS Software Performance Metric Thrift Stores Must Track

iVend

For retailers, thrift stores have become part of the ‘mainstream’, managed with many of the key disciplines of ‘regular’ retail. Global sales in 2024 are at $1.046 trillion US dollars, and forecast to grow by $130 billion to $1.176 trillion by 2028. iVend offers specialist POS software designed for thrift stores.

POS 52