123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Analytics And Artificial Intelligence: Keys To Success For The Big Retail In 2019

Profile Picture
By Author: excelr tuhin
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Whether you have an online store or you are in the process of creating a new internet business, we are sure that you constantly think about how you can grow your income, improve the purchasing process and offer the best customer experience for retain them . Analytics and artificial intelligence are two key factors behind the success of the large retailers as it allows them to make better business decisions and increase their profitability by designing memorable and relevant experiences for their consumers.
Analytics in eCommerce? Start with a strategy
Analytics and artificial intelligence solutions strengthen relationships with consumers
The technology provided by analytics and artificial intelligence has helped them capture the attention of customers as well as guarantee their loyalty .
With almost endless options when searching for a product in both supermarket aisles and online stores, retailers and consumer product manufacturers must take advantage of the tools available to achieve these goals.
(For more information: At Skymarketing want to establish ourselves as the leading portal in Pakistan, as the best ally and accomplice, offering you a unique properties at Blue world city, capital smart city islamabad and crushed ice maker, we combine digital marketing with true knowledge of the Pakistan real estate market)

In 2019 these tools include AI and analytics solutions that make it easy to get the most out of customer , price and supply chain data to transform it into better decisions and juicier profit margins.
During the 108th edition of the annual NRF convention, held in New York, the global analytics solutions company SAS has presented emblematic success stories that illustrate the direction the retail industry is taking with the big players that are already being benefited by these solutions.
Success stories
One of the cases where AI and analytics solutions have been very beneficial is Ascena , the American retailer of women's clothing. With SAS analysis and marketing software, Ascena has managed to manage and analyze the data of all its stores, brands and channels.
This omnichannel analytics approach has helped company executives make critical business decisions , such as selecting the geographic distribution and size of their stores.
In addition, they have also been able to quickly implement improvements that increase customer satisfaction as well as set the most convenient prices in order to guarantee market share.
Another American chain store benefited by the power of analytics and artificial intelligence solutions is Belk , which has nearly 300 department chains in 16 states in the United States.
With these SAS analytics and AI solutions, you are driving your digital transformation in addition to your omnichannel efforts by offering the correct size and styles of merchandise , thereby improving customer satisfaction and profitability.
SAS solutions optimize omnichannel retail
Dan Mitchell , global director of retail at SAS commented through a press release that “all companies in the retail industry today must have analytical and artificial intelligence solutions to do a correct data management to get the make the most of the hundreds (or thousands) of online and offline touchpoints where they interact with potential and captive prospects . ”
In a market that is constantly moving and where proper communication is required at the right time with customers, retail companies will be able to build consumer trust with brands

Total Views: 26Word Count: 533See All articles From Author

Add Comment

General Articles

1. 70 Free Dofollow Article Submission Sites
Author: Raju sultan

2. Best Seo Services Provider
Author: dotphi

3. Elite Force Airsoft Guns Are The Ultimate Tools
Author: Alex Paterakis

4. Best Tips For Online Satta Matka Game
Author: Online Satta Matka

5. Signrfo Digital Marketing Company In Kerala
Author: Joy6656

6. Analyzing A Piece Of Meira T Jewelry
Author: Lisa Alfieri

7. Why Choose Cheap Essay Writing Service
Author: Matthew Ward

8. Finding High-quality Bulk Citric Acid For Your Skincare Products
Author: Mark E Hughey

9. Web Development Services In India
Author: Sathya Technosoft

10. 100% Pure, Natural And True Essence Of Solvent Free Apricot Oil
Author: Mr Venkat Gupta

11. Tips To Help You With Wound Healing
Author: Hansaplast India

12. Emergency Glass Repair Sydney Made Easy
Author: Jane Edison

13. Experts Who Handle Emergency Glass Repair Picton
Author: Jane Edison

14. Three Reasons To Shop For Bohemian Ladies Clothing
Author: Sophia Stavrou

15. These Cute Cardigan Sweaters Are The Perfect Accent
Author: Sophia Stavrou

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: