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Four Ways Retailers can Boost Retail Media Network Profitability

Retail TouchPoints

Retail media networks (RMNs) are rapidly becoming one of the most lucrative digital ad formats, with predictions suggesting that by 2028, RMNs will contribute to 15.4% Imagine a scenario where purchase history from a grocery retailer is combined with a customer’s music streaming data.

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Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

But amid volatile market changes, ever-evolving customer expectations and increased competition online, this is increasingly challenging to realize. billion in 2028. Competitive pricing is a key strategy to build customer loyalty and increase sales. Customer support. Enter artificial intelligence (AI).

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The Impact of Live Commerce on Shopping

Smile.io

billion by 2028.   The global live ecommerce market is estimated to reach $2 billion by 2028 While live commerce was undoubtedly growing anyway, it was the pandemic that led to accelerated growth. Loyalty & Reward Program Insights from Smile.io Each one of those users is a potential customer

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Future Of Cloud-Based POS

Korona

Streamline your customer experience with personalized offers. With cloud-based POS systems, employees and managers can track and manage their company’s sales data in real-time. Streamline Your Customer Experience With Personalized Offers. Streamline Your Customer Experience With Personalized Offers.

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Convenience Store Industry Trends

Korona

Nonetheless, an increase of consumer products and evolving shopper behavioral patterns has shown that customers are eager to buy the products they want from the stores they prefer. The c-store industry is expected to grow at about a 5% compounded annual growth rate from 2022 through 2028. Accept Modern Payment Options.

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

Talkoot

billion by 2028. Investing in AI now, while the iron’s hot, will ensure you’re ahead of the game—or risk losing customers and business to new, innovative brands that are comfortable experimenting with different tools and tech. It’s the ultimate way to create a customer-centric journey without the guesswork.

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2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

trillion by 2028, and companies who want to “cash in” on the industry need to be prepared. 3 quarters of customers will still pay for faster shipping According to a report on the state of shipping by RetailDive, the majority of today’s consumers expect Fulfilment from online stores to be both free, and fast.