The article sheds light on how three retail leaders, namely Reliance, Future Group and Titan respectively are heavily banking on AI led data solutions to understand consumer behaviour and drive efficiency.
These human-like qualities can generate significant goodwill and drive a greater propensity to spend for nearly half (48%) of consumers. However, many organizations are failing to take consumer pain points and preferences into account when applying AI tec
Personalisation is very important element and if done correctly can spark up the profits in no time. Retailers worldwide including India are realizing the relevance of this invisible tool and using state-of the art technology to give an edge to their pers
Technology enhancement was yet another topic that was touched at Indian Retail Congress 2017(IReC 2017). Speakers at various points highlight that AI, VR and AR will play pivotal role in enhancing the experience be it online or offline retail.
A QR code is basically a high-tech bar code. You can point a smart phone's camera at it, scan and decode the message in it. In many cases, the decoded message is a web link to avoid the hassle of typing on a phone keypad.
Companies like Ray-ban, Louis Vuitton, etc have implemented numerous activities to stop counterfeit goods. In this scenario, technologies like blockchain is an effective measure to address the challenges in the sector.