By adopting AI (artificial intelligence) technologies, retailers can make significant operational and financial gains: In a recent
Coresight Research survey, 52% of retail decision-makers who reported that they use dynamic (AI-driven) strategies for promotion optimization reported a sales increase of greater than 5% as a result.
On November 3, 2021, at 11 a.m. ET, Prashant Agrawal, CEO and Founder of Impact Analytics, and Deborah Weinswig, CEO and Founder of Coresight Research, will analyze the state of AI adoption in retail today and the benefits to brands and retailers of implementing AI technology across allocation planning, assortment planning, promotion management and forecasting.
Using our proprietary survey findings, the event will present insights into how retailers can get ahead this holiday season and realize long-term benefits by adopting AI, covering the following:
- Accurate demand forecasting and optimization despite supply chain constraints and inventory availability issues
- Localized and personalized product, place, price and promotion strategies
- Smart pricing decisions based on real-time consumer behavior analysis
View the webinar recording
here.