Importance of Visual Merchandising in Retail Visual merchandising is not just about making a store look attractive. It’s a strategic tool that, when used effectively, can guide, educate, and persuade customers, ultimately influencing their purchasing decisions. Whether it’s through creating a mood, highlighting specific…
Harnessing the Power of AI Promotions are a key component of any successful marketing strategy, but they can also be time-consuming and challenging to manage effectively. In this course, we’ll explore how AI can be used to streamline the promotions management process and deliver…
“It is not the quality of service that you give but the quality of service that the customer perceives that causes him/her to buy and come back.” Perception is how we make sense out of what we experience. Your interpretation of what you see…
More information and insights in Retail Math & Analytics Workshop Online – Check it Out! What is Big Data? Big Data refers to data sets so large and complex that they must be processed in innovative and strategic ways. It breaks down into…
Facebook for Retailers If you’re not right out there, on the leading edge of technology…and some of us aren’t, then this complimentary report is perfect for you. You’ll learn why it’s so important that you have a Facebook page and how it can be…
Here’s a story about taking your market for granted. You might find it interesting. Being in a part of the world that only enjoys nice weather for a few months out of the year, many of us here get pretty excited when the ground…
Retail Store Categories Based on NAICS Classification System The North American Industry Classification System (NAICS) has replaced the U.S. Standard Industrial Classification (SIC) system. NAICS will reshape the way we view our changing economy. NAICS was developed jointly by the U.S., Canada and Mexico…
In today’s CRM landscape the old analogy comparing the rifle and shotgun approaches to message and / or offer delivery is perhaps more appropriate than ever, as more retail organizations struggle to achieve one-to-one marketing-communications with customers and prospects. Targeting allows a retail enterprise…
Retail Market Basket Analytics Retail Market Basket Analytics are used to analyze the relationships among items that a given consumer purchases (what they put in their “shopping basket”). This information is then combined with comprehensive consumer information databases and qualified predictions are made about…
