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Looking forward to 2019, we can see that technology and the way in which it is implemented in the daily functions in the e-commerce industry will be further explored.
Although there is an increase in income but the disposable income is not increasing at the same rate making expensive, high end and trending brands aspirational.
While the development of the e-retail industry has been exponential, it has also led to some challenges due to amplified expectations among consumers.
Overall the fashion industry is expected to surge to $21.51 billion by 2023 at a CAGR of 22.3%.
one of the retail majors deployed a model analysing the shopping pattern of customers and predicted their chances of Parents-to-be in recent future.
Flipkart is using machine learning (ML) to arrive at a structured address classification system for order deliveries addressing the challenge posed by Indias unstructured postal address systems.
There is no one particular product preference but a combination of products both as regular consumption and a gift factor that add to the complexity.
value retail stores meet their profits by virtue of large scale reach and unique target audience segmentation.
Wakefit has joined hands with a standup comedian to reach out to its customers instead of betting big bucks on exorbitant TV ads or newspaper promotions.