Nexgen Marketing posted on 04/13/2019 03:56 PM

With technology development, innovation in the field of artificial intelligence (AI) and the internet of things (IOT), large data capture, transfer as well as analysis became handy. Implementation of these technologies into the retail sector will lead to sales growth. By using AI, we can set up smart shelves based on image recognition. And IOT helps to link manufacturing, warehousing, and retail outlets to improve supply chain efficiency.

Read More

Show More..

Popular Blogs

Tags

How to increase sales of soft drinks?

Apr 22, 2019   |   30229

As an FMCG product, the sales of soft drinks depend upon the effective tactics that are utilized to exploit customer psychology. FMCG products are low-cost consumer goods that is used for day to day usage. A customer chooses a soft drink based on the cost, brand image, availability, visibility, health factors.

How to Drive Retail Sales with Efficient Store Clustering?

Jan 05, 2022   |   19905

Store clustering offers retailers a targeted approach towards sales. This helps to understand what opportunities are to match the product range to generate sales. Planogram helps retailers effectively plan their product range according to the store type.

How to read a planogram?

Jun 24, 2019   |   18847

Product distribution on shelves in a retail store are done to support instore visual merchandising efforts which helps to improve store sales. A planogram implementation is only complete after it is read and understood , and then arranged on the shelf according to that planogram.