Retail industry blogs

 

Retail companies spend all day collecting data. You might not even realize how much data your company retains. Every interaction within the retail space, be it business transactions, social media interactions, or machine data communication, is recorded in some way. For starters, you have to come up with a place to store this information, which will cost your business money. In addition, your analyzing technologies spend all of their time going through pages of machine-to-machine communications to come up with a pattern that you can actually use.  

When it comes to retail industry blogs, retailers understand that there is no ‘one size’ fits all technology platform. With hundreds of technologies across each and every processor silo plus thousands of integrator, the selection process can easily become overwhelming for even the most seasoned retail executive. That’s why Sophelle offers technology selection services across Stores, Digital, Supply Chain and the Back End. In Selection Project, we take an independent, objective view that helps retailers to identify the best solutions that facilitate their innovative retail strategy. 

The retail experience is a critical element for business success Customers are drawn to experiences. Whether they’re shopping in-store, online, or buying online and picking up in-store (BOPIS), they want authentic, customized service that fulfills their needs. Retail companies spend all day collecting data. You might not even realize how much data your company retains. Every interaction within the retail space, be it business transactions, social media interactions, or machine data communication, is recorded in some way. For starters, you have to come up with a place to store this information, which will cost your business money. In addition, your analyzing technologies spend all of their time going through pages of machine-to-machine communications to come up with a pattern that you can actually use.