In today’s digital age, retail has evolved beyond traditional brick-and-mortar stores. The rise of technology and changing consumer behavior have given birth to a new retail paradigm: omnichannel retailing. According to a survey conducted by BigCommerce, 73% of shoppers use multiple channels during their shopping journey, including online marketplaces, social media platforms, and physical stores.
In-store analytics can help retailers create a more engaging and enjoyable shopping experience for customers by understanding customer behavior and optimizing store layouts, product placements, and marketing strategies. This can lead to increased customer satisfaction, loyalty, and repeat business, which are all critical factors….
Finding the delicate balance between attracting customers and maximizing profits is essential. Winning the pricing game requires careful planning, market awareness, and a strategic approach. By understanding your market, differentiating with value, offering price matching, creating attractive bundle and discount offers, implementing dynamic pricing, and ….
The retail industry is under pressure like never before. Shopping has gone from a communal activity to something you can do on your own, at home. It’s transformed from an …
“Content is not just King, it is the Emperor of all things electronic” – Rupert Murdoch, a media tycoonThe ongoing digital transformation has democratised the channels of marketing and communications. Gone are the days, …
Unveiling an annual budget on Monday aimed at reviving an economy that plunged into deepest recorded slump amid the COVID-19 pandemic, Finance Minister Nirmala Sitharaman proposed doubling healthcare spending to …
