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
The article sheds light on how changing retails dynamics in the face of technology disruption, the global influx of brands and maximization of footfalls have been offering the perfect customer experience.
In addition to improving backend processes, retailers across the globe, including a few in India, have also started to use artificial intelligence to transform the way in which users look for products.
With average monthly electricity spends of Rs 30,000 per site, achieving just 10% savings across all these retail outlets(50,000 approx.) amounts to a total savings of approximately Rs. 1500 crores per annum.