Retailers: Better Market Basket Analysis will Keep You ahead of Competition
“It’s much easier to double your business by doubling your conversion rate than by doubling your traffic.” —Jeff Eisenberg, CEO of BuyerLegends.com It is but only now that medium and small retailers have started to realize why Amazon and other e-commerce companies have stolen a march over them. Technology gave the latter an edge over… Continue reading Retailers: Better Market Basket Analysis will Keep You ahead of Competition
Hemant Warudkar | 08 Feb 2019
Trends in Retail: The Move from Predictive to Prescriptive Analytics
Why is Retail Moving from Predictive to Prescriptive Analytics? A larger trend seen in the retail sector in 2018 is the move by many retailers to move away from predictive analytics and adopt prescriptive analytics. Predictive analytics, for many, is now a case of âbeen there, done that.â Using insights gleaned from data analytics, many… Continue reading Trends in Retail: The Move from Predictive to Prescriptive Analytics
Hemant Warudkar | 24 Oct 2018
How Predictive Analytics is Reshaping the Insurance Industry
How Predictive Analytics is Reshaping the Insurance Industry Predictive Analytics is increasingly becoming the âweapon of choiceâ of insurance firms and industries. The reasons are many, ease-of-use is one, and the other is because of advances in Artificial Intelligence (AI) and Machine Learning (ML), deployment is easier and faster. Data analytics overall has started to… Continue reading How Predictive Analytics is Reshaping the Insurance Industry
Hemant Warudkar | 06 Jun 2018
How Artificial Intelligence has Transformed E-commerce?
How Artificial Intelligence has Transformed E-commerce? Never before have customers been more in control of the retail trade than today. But are they really? Or has the retailer wrested control of the exchange? Let’s revisit this in the light of new technologies and sensors deployed in this “game”. In the sixties through the eighties, Sears,… Continue reading How Artificial Intelligence has Transformed E-commerce?
Hemant Warudkar | 03 Jul 2017
Are You An Omnichannel Retailer? Here’s How You can Find Out
Are You An Omnichannel Retailer? – Omnichannel CDP Analytics Do you meet Express Analytics’ criteria for being an omnichannel retailer? Read on… and don’t forget to take the test. How do you know whether your business has the potential to play with the big boys? Take our test: Can your customers buy online and pick up in-store?… Continue reading Are You An Omnichannel Retailer? Here’s How You can Find Out
Hemant Warudkar | 06 Jun 2017
Artificial Intelligence is Changing the Face of Online Shopping
Artificial Intelligence (AI) is changing the way you shop online Specifically, itâs driving a change in two areas â search and customer service. How Artificial Intelligence is changing the face of online shopping? What is the role of artificial intelligence in online shopping? Advancements in AI (Artificial Intelligence) like deep learning and machine learning combined… Continue reading Artificial Intelligence is Changing the Face of Online Shopping
Hemant Warudkar | 18 May 2017
Why You Need to Implement Omnichannel Retailing Straightaway
Why you need to implement omnichannel retailing straightaway? There was a time when retailers could only fantasize about selling everywhere. It was a retailer’s version of a Utopian dream. Then came technology and big data analytics, and boom, omnichannel retail suddenly was achievable. Omnichannel shopping is really a continuity of the shopping experience. Technology has… Continue reading Why You Need to Implement Omnichannel Retailing Straightaway
Hemant Warudkar | 28 Apr 2017
How to Survive in the Retail Business Despite Amazon
How to Survive in the Retail Business Despite Amazon – Amazon Retail Business Services Retailers in the United States (US) and their counterparts across the globe are beginning to see a common business threat. That âdangerâ is in the form of Amazon, the online e-commerce giant that threatens to grab even more retail market share… Continue reading How to Survive in the Retail Business Despite Amazon
Hemant Warudkar | 11 Apr 2017
Googleâs Experiment with Retail Grocery â Will Traditional Players Survive?
This line in a news report in Londonâs The Guardian – First they (Google) came for your search, then they came for your phone, now they want your groceries – seems like a wake-up call for retail grocers. The report was about the search major announcing that Google Express, the companyâs delivery service, would start delivering fresh fruits and… Continue reading Googleâs Experiment with Retail Grocery â Will Traditional Players Survive?
Hemant Warudkar | 14 Sep 2015
