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How Customer Data Can Take Your Retail Business To The Next Level

RetailMinded

As a retailer, you likely already have a wealth of customer data. This data can include customer contact information, purchase history, and demographic information. In addition, analyzing customer data can help you to identify trends and anticipate future demand.

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Best and worst case scenario: How retailers can use ChatGPT

Inside Retail

As the retail industry in Australia continues to evolve, the integration of advanced technology, such as ChatGPT, could revolutionise the way customers and retailers interact with each other. Artificial intelligence (AI) systems are used by retailers – mostly for high complexity projects, according to 2019 research.

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How Aussie menswear brand Peter Jackson is suiting up for e-commerce expansion

Inside Retail

Founded in Melbourne in 1948, men’s tailoring business Peter Jackson has entered a new phase of growth with three new stores opened so far this year and six more confirmed to open by the end of 2024, as well as a digital relaunch that is already underway. Data will shape how we fill out the shops moving forward.

Expansion 243
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Analysing the role of artificial intelligence in retail

Retail Focus

Take the recent meeting between Prime Minister Rishi Sunak and tech billionaire Elon Musk; AI was the focal point of the conversation, with Musk warning AI will lead to the eradication of some jobs. While we may be some way off robots manning the tills, there are certainly elements of AI beginning to creep into retail.

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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

Australia is currently in the midst of a “retail recession” with real retail turnover experiencing a decline over two consecutive quarters. According to Australian Bureau of Statistics data, spending fell by 0.6 But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers?

Consumer 246
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Ready, set, BFCM: five winning strategies you can implement right now

Inside Retail

As the annual Black Friday Cyber Monday (BFCM) shopping season nears, it’s not too late to review strategies to optimise sales during this key annual retail festival. Enter Klaviyo – an intelligent marketing automation platform with the tools to help retailers optimise their BFCM success. But for those who have not — it’s not too late!

Strategy 130
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From Saks to start-up: How this brand founder aims to change women’s health

Inside Retail

Many founders can relate to the phrase “necessity is the mother of invention”. We spoke with her about coming up with the concept and how to stand out in the increasingly competitive wellness space. Inside Retail : How did you come up with the concept for Elix Healing?

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