Techno FAQ

Business

New trends in retail for a post COVID-19 world

Let’s be honest. We all hoped things would return to ‘normal’ after a few months into the pandemic. But it is becoming clear the novel coronavirus, unemployment, and ongoing concerns about our health have changed many things in our world – including the retail industry. Consumers are becoming even more accustomed to shopping online and […]

Business Marketing

Predictive Retail Analytics and it’s Various Use-cases 

With the increasing number of channels and the interactions with customers at various touchpoints, the data is continuously being generated and collected. The true power of this humongous data can be realized by the organization by utilizing the BI and analytics tools. This data would not just be simply analyzed but also will produce insights […]

Business Marketing

What the Post COVID-19 World Means For Retail Survival

Consumer trends shift constantly depending on the situation of the world or the local trends people experience. During an economic crisis where the markets are weak, spending habits change from consumerism into survivalism. Alternatively, when the economy is healthy, people are able to spend on what they want and need because they feel positive about […]

Business Marketing

Retail Analytics and How it is Transforming Consumer Experience

Data is undoubtedly the real digital currency today and almost all the industries have realized that collecting and analyzing data is the way forward. Retail and FMCG is one such industry where data can provide transforming benefits like improved profits, satisfied customers, and overall optimized experience for both the consumers and company. As a few […]

Uncategorized

What Industries Benefit the Most From Artificial Intelligence?

Chances are, you’ve likely heard of artificial intelligence (AI) before and how useful it can be. With this, there’s also the understanding that some industries will become dominated by AI. Experts estimate that 48% of workers will eventually be replaced by automation. This supports the notion that humans will lose jobs to robots and automation, […]

Business

The Easiest Way To Start A Successful Online Business In 2020

One of the most common questions that I get asked is what business should I start?I decided to answer that question today with my best tips to start a successful business in 2020 I know that what is considered cheap and low cost is relative. However, when you think about it, in the past if […]

IT

Best 6 CRM Software For Small Businesses And Startups

If you are an entrepreneur who has just started a new venture or are part of a small business that is on a growth trajectory, chances that you are looking for a CRM software are super high! Customer relationship marketing tools can set a firm foundation for your business and ensure that you set the […]

AI Business

What will AI do for Sales and Retail in the Following Decade?

With the beginning of a fresh new year and a fresh new decade, in comes fresh new innovations and ideas that will lead the way forward. The past decade has been remarkable, to say the least. The numerous achievements that we have achieved collectively is a monumental feat and the pace of innovation doesn’t seem […]

Business Software

How POS Software Has Changed the Retail Experience

There is no denying that software and technology have helped to reshape a lot of the experiences we have today. From gaming to dining and everything in between, software has been the driving force behind great change in so many ways. Arguably none more so than the retail experience. As consumers, we yearn for the […]

Uncategorized

Tapping into Retail Industry with Artificial Intelligence

With the automation increasingly becoming the part of consumers’ life, thanks to the Smartphones and numerous mobile apps, different industries and retail sector in particular need to adopt practices that enhance customers’ journey and customer experience. Rise of ecommerce has already disrupted the traditional retail shops. Until recently, when the large players like Amazon and […]

Miscellaneous

The Amazon Go Store

When you require anything, you probably need to walk into a store to buy it and get involved in long queues or with the cashier for small change. To introverts it can be very boring and/or irritating. But what if you had a choice to walk straight to the store, pick whatever you want and […]

Internet

What does AI have to do with Online Retail?

Artificial Intelligence(AI) is transforming the financial sector, particularly retail banking in various ways due to the technological advancements. Most of the banks today are in the starting stages of AI adoption. The AI technologies like predictive analytics and voice recognition are used by almost 32% of the financial executive participants, as highlighted by the Narrative […]