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Companies Specialized in Customer Personalization Amazon Personalize is a machine learning service that helps businesses deliver personalized product and content recommendations to their customers based on their behavior and preferences. Dynamic Yield (dynamicyield.com) is an AI-powered personalization platform that helps businesses create and deliver…
Artificial intelligence (AI) has the potential to revolutionize the retail industry, offering retailers new ways to enhance customer experiences, improve operational efficiency, and gain insights into consumer behavior. Here are some of the ways retailers can utilize AI: 1. Customer Personalization: AI can analyze…
Retail management involves the planning, organizing, and directing of the activities that occur within a retail business. Some relevant topics to retail management include: Customer Service: Ensuring that customers have a positive experience shopping at the store, including greeting customers, answering questions, and handling…
Radio-Frequency Identification (RFID) is a technology that uses radio waves to communicate between devices, such as RFID tags and RFID readers. In the retail industry, RFID technology is often used to track and manage inventory, as well as to enhance the shopping experience for…
McDonald’s Is ‘Fast Food’ Still a Thing? If we continue to accept sub-standard service, food, and other products then we really deserve what we get, don’t you think? Based on experience it seems that this is a reasonable question for McDonald’s Is Fast Food…
Artificial Intelligence Overall, artificial intelligence in retail or anywhere, is a branch of computer science that aims to enhance software with the ability to analyze its environment using either predetermined rules and algorithms, or pattern recognizing machine learning models, and then make decisions based…
8 Types of Sales Promotions and How to Implement Them Quick take: Sales promotions can do wonders for your top line revenue, but running them successfully isn’t just about putting up a SALE sign in your shop. To get the most out of them,…
We’re proud to have worked with so many retailers and vendors to the retail industry and we thank them for contributing to our success with customer testimonials. Customer Testimonial: Praise for “The Retail Sales/Operations Management Workshop” “The Retail Operations Management Workshop provided by DMSRetail…
Retail Tips for the Holidays Regardless of the economic outlook, you can rest assured that many people will be in your stores this holiday season. They may be working with a tighter budget, or they may not. They may be more discerning, or they may…
When Retail Performance Management is Missing… We decided to tell this true story to illustrate just how horribly things can go wrong when you’re not really on top of things and when retail performance management is missing…This story ends with the police handcuffing and…