Powered by data-driven insights, intelligent merchandising optimizes product displays, recommendations and search results across your entire site. This creates a personalized shopping experience that drives conversions, customer satisfaction and loyalty. More info:https://www.retailexpress.com/
Manual online merchandising is time-consuming and requires constant updating as products change seasonally and when new stock arrives. AI-powered smart merchandising takes this workload off your e-commerce team, automatically creating infinite product permutations based on real-time customer and market insight.
The Art and Science of Retail: Unveiling the Secrets of Intelligent Merchandising
Ai-powered visual merchandising takes your visitors’ size, style and other attributes into account to deliver a relevant, curated shopping experience – reducing the friction caused by out-of-stock products. And it also helps you plan your inventory better with out-of-stock alerts and merchandising alerts based on demand, seasonal trends and sales reports.
Replenishment is another area where AI-powered merchandising can make a big difference. Artificial intelligence consumes hundreds of millions of product and store combinations, analyzing historical performance, capturing trends and real-time customer demand to provide in-season replenishment recommendations. This leads to greater efficiencies and reduced carryover, helping improve profits, margins, and sell-through.
For brands with multiple stores, intelligent merchandising is even more valuable. It allows for accurate and informed decisions about the mix of goods in each store, allowing for more efficient inventory management and improved in-store operations. This reduces store-level inventory levels and overstocking while improving customer service and sales results in-store. It also empowers field teams to optimise promotional outcomes at the shelf, ensuring higher promotional ROI, customer engagement and loyalty.