Thursday, April 25, 2024
Data science is transforming the entire global economy–and the retail industry is on the cutting-edge of this change. Retail businesses are expected to spend a combined $7.3 billion on AI-driven data analysis by 2022. That’s a huge jump from the $2 billion that they spent in 2018. The industry has […]
The advancement of technology has already made it possible for the retail industries to pursue an omnichannel business strategy to increase their business reach all over the globe. The advancements are too dynamic in nature which is definitely good for the industry as a whole. In this article, we will […]
For retailers who rely on purchasing wholesale apparel, the real challenge is in finding ways to make the products unique. With so many competitors selling similar styles sourced from wholesalers, having strategies to differentiate your offering is key to attracting customers and bolstering your position in the market this year. […]
The shopping world has evolved greatly from the brick-and-mortar stores of the past. Increasingly, shoppers can find products they love via new and innovative methods, no more than with AR App Development. AR uses virtual representations overlaid in the real world while retaining an interactive component. This innovative technology has […]
In this article, we will examine some of how retail returns can affect your business. This includes the cost of product returns, the rising volume of holiday returns and the need for a comprehensive IT system to track the transactional flow within your organization. Holiday Returns Are Expected to Rise […]
Innovation is a key driver of success in the merchandising industry. With constantly changing consumer preferences and trends, merchandisers must continually adapt and innovate in order to stay ahead of the competition and deliver products and experiences that resonate with customers. The Scope of Traditional Merchandising Merchandising is a big […]
Before we talk about how to engage in effective digital marketing, we need to understand what it actually is. So basically, with the constant developments in technology and the growing popularity and utilization of online services, the internet has become a very profitable place to start a business. The aspect […]
The retail industry is booming and having a mobile app for a retail business is more than just advantageous. It puts a business in a better position than its rivals. Almost every global retail brand has a mobile app for the convenience of customers. However, having a personalized retail app […]
The shipping industry has always been committed to maximum efficiency, trying to move with the times. As technology changes, the world of shipping is changing with it. Today, customers are purchasing more products online than ever before. However, they still demand faster turnaround on handling and shipping times. So, what […]
All clothing retailers will experience a downshift in sales at one point or another. The bad news is, it may not always be easy to predict. Fortunately, there are steps you can take to ensure your business has plenty of happy customers to keep sales skyrocketing. When sales slump, here […]
Staying ahead of the trend curve is one of the main keys to running a successful clothing store. As a small business owner, you have a responsibility to be able to spot the latest clothing items that your customers will love. This will keep them coming back time and time […]
Meeting the demand for a personalized approach to healthcare is revolutionizing marketing, delivery, and direct-to-consumer education for nutritional supplements. The exponential growth rate of US health industries is supported by advances in technology that allow companies to meet personal health needs. Dietary supplement sales increased steadily by about 10% in […]