article thumbnail

AI is driving a dramatic reinvention of retail demand planning. Here’s how

Inside Retail

Quantiful set out to solve this problem by extracting data on market buying behaviour, starting with the more consumer-focused sources like social media and search platforms, then combining it with retail clients’ sales transactions, to predict how consumers will buy products in the future. Spoiler alert: It’s not.

Planning 147
article thumbnail

The new personal: How retailers are shifting focus onto customer experience

Inside Retail

In a world of social media, email marketing, memberships, subscriptions, retailer partnerships and everything else digital technology has given us, it’s ironically easy to lose sight of the customer. Your customers are much more than their digital identifiers, such as email addresses, phone numbers, or social media handles.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Melbourne restaurant Calia collapses, owing $2 million to hospitality platform Liven

Inside Retail

Chang also serves as non-executive director of Puzzle Coffee, which operates four locations across the Melbourne CBD. For now, both Calia’s Melbourne locations and Puzzle cafes remain open for business. If this is accepted by creditors, the business will be restructured and continue on,” they said. $2

Gifts 245
article thumbnail

Too much tech? How to combat digital overload in your workday

Inside Retail

Technology also facilitates the ability to work from different locations, opening up new opportunities and flexible work practises. You are also creating a pattern of behaviour for yourself and those around you. It’s an essential practice for achieving success personally and professionally. Agree on what’s reasonable.

article thumbnail

Meet Daniel Broderick, a New Yorker helming New Era’s APAC operations

Inside Retail

Furthermore, Malaysia’s favourable business environment, stable political climate, and supportive government policies contribute to its appeal as a strategic location for international brands seeking to establish a strong presence in the APAC region,” he added.

article thumbnail

Multi-Level Marketing Gets Multi-Level Attention

Hunton Andrews Kurth

Multi-level marketing has touched us all – whether it be purchasing beauty products, essential oils, or health supplements from a friend through social media, or receiving an invitation to join a team of seemingly successful people working their “side hustle.” dba LuLaRoe et al.,

article thumbnail

Beyond the hype: What retailers can do with GenAI today

Inside Retail

Similarly, AI can analyse social media images and fashion magazines to identify emerging trends, helping retailers stay ahead of the curve and stock products that will interest customers. The Louis Vuitton mobile app, for example, enables users to take photos of a Louis Vuitton bag and then shows them how and where to purchase it.