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How Retailers are Using Behavioral Economics to Understand Customer Behavior
With the advancement of technology, retailers now have access to in-store data that maps the movements and decision processes of...
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Sep 28, 20202 min read
How Brick-and-Mortar Stores Have Evolved: From Stores to Stories
The emergence of the new retail business model, incorporating technology into offline retail, has blurred the boundaries between offline...
Sep 28, 20202 min read
How Retailers Can Embrace Technology Revolution
Surprisingly, most retailers are slow in adopting new technology. They tend to be “fast followers” rather than “first movers” and have no...
Sep 28, 20203 min read
3 Emerging Business Models in Retail
Today’s customers are changing. They are less loyal and more unpredictable. They switch among stores and prefer experiences over...
Sep 28, 20203 min read
How Retailers Can Survive in the Post-Pandemic World
The coronavirus pandemic has changed the retail industry, resulting in the closure of some physical stores and creating uncertainty for...
Sep 28, 20202 min read
What Retailers Should Consider When Adopting Data Sciences
The future of retail will be built on insights derived from proprietary data, in particular, consumer data. Businesses must act now to...
Sep 28, 20203 min read
How to Convert Different Types of Shoppers Into Buyers
Retailers encounter many different customers every day. However, every experienced retailer should know that there is no magic...
Sep 28, 20203 min read
5 Smart Retail Technologies That Elevate Shopping Experience
The advent of smart technologies, including artificial intelligence (AI), machine learning (ML), and Internet of Things (IoT), is...
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