https://www.123articleonline.com/rss/author/357614/kloudnine-llcArticles written by kloudnine LLC from 123ArticleOnline.comen-usCopyright (c) 123ArticleOnline.com All rights reserved. https://www.123articleonline.com/articles/1312517/five-reasons-you-need-ai-solutions-for-personalized-retail How well do you know your customers? Do you send reminders to redeem their loyalty points or wish them on their birthdays, anniversaries? Highly personalized customer experiences, when offered to millions of individual customers by using proprietary data, are difficult for competitors to imitate. When executed well, such experiences enable businesses not only to differentiate themselves but also to gain a tremendous competitive advantage. Moreover, a research on 1,000 US adults by leading research firms found that a vast majority of respondents (80 percent) want personalization from retailers. This shows that customers are likely to be more loyal to the brand if they receive personalized offers based on their earlier shopping experience. That's what Artificial intelligence and personalized retail relationships are all about and can go a long way to deliver the difference Retails need today.