A NEW LEVEL OF DATA PROCESSING WITH AI IN RETAIL SOFTWARE
The world is advancing and is so the quality demands of the customer. This makes industrialists, businessmen, retailers etc to upgrade their methods, services, and products. Artificial intelligence, blockchain, digitisation etc are winning the new world, and so must we too update out systems to meet the competition. AI for retail have paved a new way in data processing and here we are to talk about how great influence has it carved out. My com is an experienced store to help you set up AI powered retail software to improvise the store, sales, production and management of clients. We enable advanced data collection system in UAE and retail ERP in Dubai with AI powered retail software.
So now let us learn about AI for retail and how it modifies your store.
Stores can be made cashier free
Recruiting more employees and investing in their salaries can be minimized by robotization of stores. Introduction of the checkout free stores have been done by amazon AI and amazon Go and just walk out shopping technology reacts when you take something from the shelf or put it back. AI is makings its place in retail and many more to come in the future aiming to hire only 6 to 20 human staff members.
Chatbots to assist with customer services
Customer service is overrated now, and every services provider seeks to provide services and products to please the clients and customers. The AI for retail provides AI chatbots which offers higher level of customer services, improve searching, send notifications about new collections and suggest similar products to build a friendly bond with past and potential customers. Chatbots are future digital marketing tool, which today gives suggestions to a customer matching the past purchases.
In store assistance
The best way to attract more customers is with a good assistance when they reach your store. New technologies are able to help customers in the shopping and help the staffs. It also incorporates marketing strategies displaying video ads, nutritional info, and promotions. The real time monitoring facilitated by AI improves the efficiency of inventory management.
Price adjustments
The price decisions, visualising the pricing strategy outcomes can be made possible with the application of AI for retail stores. AI powered retail software collects information about other products, promotional activities, sales figure and additional data in order to help you plan or strategise your future business sales.
Supply chain management and logistics
A business acquired its desired outcomes with a good strategy and AI eases it. It can help you calculate the demand for a particular product analysing the sales history, location, weather, trends, promotions and other parameters and hence used in retail supply.
Machine learning in retail- product categorisation
Efficient product categorisation is essential analysing the purchase behaviour of your potential customers. Machine learning retail software helps to recognize, classify and suggest process with effective product categorisation,
Visual search
AI powered visual search helps customers to search products easily by uploading images. Image optimization provides similar products and other potential suggestions helping you ease the shopping.
Customer satisfaction tracking
To boost your sales, it is important to be well aware of the mood of your customers. AI for retail is capable to detect the mood of customer when they shop which will help you build stronger relationship with the customers. AI is also capable to predict the customer behaviour with algorithm processing the customers’ emotional responses and behaviour during previous shopping experience.
