As an Amazon reseller, you’re constantly faced with the challenge of standing out in a crowded marketplace. Central to this challenge is the battle for the Amazon Buy Box—the holy grail of visibility and sales. However,...
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Leveraging AI for Enhanced Inventory Management in 2024
As we move further into 2024, the integration of Artificial Intelligence (AI) in inventory management is a necessity for staying competitive. AI transforms how businesses handle inventory, making processes more efficient and decision-making sharper.
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4 Ways Retailers can Use GenAI to Take Their Jobs to the Next Level
The retail sector is witnessing a monumental shift, thanks to the advent of Generative AI, or GenAI. This cutting-edge technology, far from being a mere futuristic vision, is actively reshaping the retail landscape today.
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Hypersonix and the Transformative Impact of Generative AI Analytics on eCommerce
Over the last two decades, eCommerce has transformed the retail industry, offering unparalleled convenience and variety to consumers worldwide. However, managing an eCommerce business is no small feat. The industry is fiercely competitive, and gaining...
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Actionable Insights for Retailers: Leveraging AI to Gain Market Share
Staying ahead in the fast-paced world of retail means understanding and acting on market trends quickly.
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How to Transition Your Business to Optimize Profit
In an era where retail profit optimization is increasingly driven by technological innovation, the use of artificial intelligence (AI) in retail is becoming pivotal. According to the World Economic Forum, the market for AI services in the retail sector...
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What Retailers Can Learn from the Taylor Swift Effect
In the dynamic world of retail, certain phenomena transcend mere trends, shaping consumer behavior in profound and often unpredictable ways. One such phenomenon is the “Taylor Swift Effect”, a term coined to describe the significant impact of pop culture...
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8 Ways to use AI for a Competitive Edge this Holiday Season
Artificial Intelligence (AI) has profoundly impacted various sectors, and eCommerce stands out as one of its prime beneficiaries. Within this domain, competitive intelligence – the process of collecting and analyzing information about competitors – has...
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9 Ways to Get a Revenue Uplift in eCommerce
In the dynamic world of eCommerce, understanding the nuances of revenue uplift is more than just a metric. It’s the compass guiding businesses towards sustainable growth. As online marketplaces burgeon with opportunities, it’s essential to not only...
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How to Improve Your Product Matching Accuracy
The challenge of accurately matching products across many platforms is becoming increasingly complex. As businesses grapple with the intricacies of price comparison and product alignment without universal identifiers, the integration of artificial...
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How to Conduct a Price Audit for Your Online Store
The digital marketplace is not just growing; it’s booming. In 2022, eCommerce transactions made up a staggering 19% of total retail sales across the globe, and this figure is projected to climb to 23% by 2027.
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The 1-2-3 Guide to Demand Forecasting
In today’s evolving business landscape, anticipating customer demand is more crucial than ever. Demand forecasting, a systematic approach to predicting future customer needs, has become a cornerstone for businesses aiming to stay ahead of the curve.
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Key Value Items: A Practical Guide
In a competitive retail environment, understanding the nuances of consumer behavior is more crucial than ever. At the heart of this understanding lie key value items – specific products that significantly influence a shopper’s perception of a store’s...
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Finding the Right Omni-Channel Pricing Strategy (for Retailers)
In modern eCommerce, setting the right price is crucial for businesses with goals of growth and longevity.
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Will a Loss Leader Pricing Strategy Work for You?
Competitive retail companies are constantly seeking innovative strategies to attract customers and boost sales. One specific tactic that has gained popularity is the “loss leader pricing strategy.”
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10 GenAI Tools No eCommerce Retailer Can Do Without
Generative AI, a term once reserved for tech aficionados, has skyrocketed in volume by a staggering 99,900% year-over-year. Yes, you read that right.
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Agile Pricing: An In-Depth Guide for 2023
As consumers become more discerning and technology continues to evolve, businesses are constantly seeking innovative strategies to maintain a competitive edge. One such strategy that has taken the stage is agile pricing.
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How AI Is Becoming the Engine of B2B eCommerce
AI in B2B eCommerce is no longer a futuristic concept–it’s a reality that’s transforming the way businesses operate, interact with clients, and drive growth. The power of artificial intelligence lies in its ability to
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What Can Automating Price Points Do for You?
In the age of data-driven decision-making, staying informed and proactive in pricing isn’t just an option—it’s a necessity for success. As markets evolve and consumer preferences shift, businesses must harness the power of data to navigate the intricate...