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Why the Retail Industry Is Shifting to Direct-to-Consumer Sales

Win the Customer

Abercrombie & Fitch is counting on direct-to-consumer (DTC) sales to counter the retail apocalypse, Columbus Business First reports. leases expiring over the next two years, the fashion brand saw a 4 percent increase in sales, largely thanks to direct-to-consumer sales. billion a year to $5 billion.

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How QR Code Scanners are Revolutionizing the Retail Industry

CSM Magazine

In recent years, QR code scanners have become increasingly popular, and their impact on the retail industry is undeniable. These small square codes, consisting of black and white patterns, are being used by retailers to enhance customer experience, streamline operations, and boost sales.

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Implementing Amazon Forecast in the retail industry: A journey from POC to production

AWS Machine Learning

Recently, based on Amazon Forecast, we helped one of our retail customers achieve accurate demand forecasting, within 8 weeks. In addition, we estimated that by fulfilling the correct number of items, sales could increase by up to 11.8%. Background and current challenges of demand forecasting in the retail industry.

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The US Retail Pharmacy Industry is in a State of Flux

Anexa BPO

As with every other industry, the US retail pharmacy sector has been deeply impacted by changing consumer trends. With about 1/3 of the market share, retail chains represent the major component of the retail pharmacy group, dispensing approximately 138,000 annual prescriptions.

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6 Killer Applications for Artificial Intelligence in the Customer Engagement Contact Center

If Artificial Intelligence for businesses is a red-hot topic in C-suites, AI for customer engagement and contact center customer service is white hot. This white paper covers specific areas in this domain that offer potential for transformational ROI, and a fast, zero-risk way to innovate with AI.

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How to use augmented reality in sales for the retail industry

ViiBE Blog

With that in mind, AR is thus the perfect solution if your organization aims to face the current challenge within retail – to resolve issues quickly and resolutely while providing a smooth and stress-free experience for customers. How is augmented reality used in retail? What areas of retail is AR most commonly used for?

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Personalization In Sales Leads To Increased Loyalty and Repeat Business

Integrity Solutions

Mastering the human side of selling is key to sales success, but what does phrase that mean exactly? At its essence, humanizing the sales experience is really about personalization. The desire for a personalization in the sales experience has only grown in recent years. The same holds true across the sales-service continuum.