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Leveling The Retail Analytics Playing Field

RTP blog

While digital visitors to an online retailer’s web site can be tracked, analyzed and influenced throughout their journey from site entry to sale, retailers in the real world have struggled to source the same level of analytics from entry into the store to the checkout. However, that could be changing. Next, the user journey.

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Increasing personalization using the power of analytics

iVend

Read how our analytics system helps retailers with personalization. In-store engagement – providing associates with Mobile retail POS to provide customers with in-aisle, personalised service, recommendations and upselling, enhances their experience and your holiday season sales.

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The Secret to Safe, Profitable Pandemic-Era Retail? Look to Video Analytics

Retail TouchPoints

One way to do so is by leveraging the power and versatility of video content analytics software. Nearly all retailers use surveillance cameras for security; video content analytics tools make this footage searchable, actionable and quantifiable by extracting, identifying and classifying video metadata. Store Security.

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Inventory Management 101: Using Data-Driven Insights

Algopix

Inventory management is a critical aspect of running a successful business, whether you’re a small retailer or a large multinational corporation. In today’s fast-paced and competitive business environment, the efficient management of inventory can make or break a company. Minimize carrying costs and holding expenses.

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How Does a POS System Work? 5 Common Point of Sale Questions

Korona

A point of sale system used to be a cash register that simply took account of the sales of the day and organized the bills into sections. The current main function of point of sale systems remains the same. – Point of Sale Components. Which Point of Sale Product Is Best For Your Business?

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Retailers Get Real with AI: Four AI-Powered Apps We’ll See this Year

Retail TouchPoints

For the most part, retailers have deployed AI to tackle low-hanging fruit such as automated customer service chatbots, personalized content for one-to-one marketing campaigns and improved store and inventory analytics. Those early use cases make sense because they deliver immediate results. With AI, that is about to change.

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Liquor Store Industry Trends: Modern Reporting And Analytics

Korona

Accordingly, one of the most important liquor store industry trends is using point of sale software that delivers actionable insights and reporting to make the most of your sales data. Here is a detailed guide to POS analytics for liquor stores. Table of Contents. Sales Insights To Forecast Demand.

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