How Is Retail Evolving: Implementing AI in Brick-and-Mortar Stores

  • “Google has highlighted 75 use cases for Artificial Intelligence in retail, ranging from personalized promotional offers to consumer trends analysis and digital shelf space management.
  • According to a study by Accenture, AI can improve productivity by more than 40%.
  • AI is expected to grow from less than $5 billion to more than $31 billion in the global retail market by 2028.
  • With numerous benefits for productivity and efficiency within retail, here are four primary pros for Brick-and-Mortar physical stores:
  1. Attracting more Customers
  2. Offering Engaging Experiences
  3. Employing Practical Promotion and Merchandising
  4. Improving Operational Efficiency

AI can help You Address 3 Significant Retail Trends in 2022

  1. Virtual Assistance to Hybrid Consumers
  2. Tackling Supply Chain Difficulties
  3. Easier Returns and Smooth Pickup Experience”

https://readwrite.com/how-is-retail-evolving-implementing-ai-in-brick-and-mortar-stores/

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