technologies that are revolutionizing the retail business
TRANSCRIPT
OMNI-CHANNEL RETAIL SOLUTIONS
Technologies that are Revolutionalizing Retail
OMNI-CHANNEL RETAIL SOLUTIONS
Technologies that are revolutionizing retail
Retail industry is being constantly disrupted and revolutionized by new technologies. The future of retail is here and now, thanks to these technologies.
ArtificialIntelligence
BlockchainPredictiveAnalyt ics
Chatbots V i r tua lRea l i t y
ConversationCommerce
Augmen t edR e a l i t y
Social Commerce
R e a l - t i m ecustomization
3D Printing
Let’s look at the 3 most important technologies in brief:
OMNI-CHANNEL RETAIL SOLUTIONS
Artificial Intelligence
Artificial Intelligence or AI is being used in the retail business to empower offline and onlineretailers to enhance customer experience. Some of the well known applications of AI arechatbots, robotics, customer analytics and so on.
OMNI-CHANNEL RETAIL SOLUTIONS
Blockchain
Blockchain is essentially used to store financial transactions in a decentralized distributedledger. This ability to store information in an incorruptible, low-cast and digital manner canfind applications in retail such as supply chain transparency, proof of authenticity, safepayments and so on.
OMNI-CHANNEL RETAIL SOLUTIONS
Predictive Analytics
Predictive Analytics can take into account past and present data that has been gatheredand help derive inferences as what course of action should be taken for the future. Some ofthe important areas in retail where predictive analytics can help is promotion planning,merchandise planning, seasons planning and personalization.
OMNI-CHANNEL RETAIL SOLUTIONS
Every year, 50,000 retail associates use ETP to serve 150,000,000 consumers, selling USD
5,000,000,000 of merchandise. More than 300 brands in over 20 countries, across 10 time-
zones, in 200 cities, at 25,000+ stores, in 5 languages run on ETP.
Australia, Bahrain, China, Egypt, Hong Kong & Macau, India, Indonesia, Iraq, Jordan, Kingdom of Saudi Arabia, Kuwait, Malaysia, Oman, Qatar, Singapore, Thailand, The Philippines, Tunisia, U.A.E., Uzbekistan, Vietnam and Yemen
www.etpgroup.com