Egen’s Post

#GenAI is transforming retail in incredible ways. Check out this insightful blog by Egen to explore practical applications and best practices for leveraging GenAI to drive retail growth. https://lnkd.in/dsgf-kwm

💬 "The success of GenAI in retail hinges on strategic planning and digital know-how. Retailers who plan carefully and understand GenAI’s complexities will be the ones to benefit most. The goal is to adopt GenAI smartly, ensuring it brings real value and helps the business grow." 🌟 A member of our team, Cem Aydede has expressed his views on the GenAI trend in retail. Aydede asserts that it’smore than just a buzzword; it requires proper implementation. 🦾 To read Cem's thought-provoking article on our medium page click on the link below.👇 🔗 https://lnkd.in/gVwWEhkH #genai #retailtech #realtalk #techinsights #futureofretail #artificialintelligence

Unlock the future of retail with GenAI! Discover how to harness consumer data, prioritize impactful use cases, and achieve rapid ROI. Hear from Andrew Hamel, GenAI Lab Lead at Egen, as he delves into the transformative power of GenAI in our on-demand webinar, "Accelerate retail growth: Unleash the power of GenAI" Don’t miss out on gaining valuable insights to elevate your retail strategy and stay ahead in the competitive market. Watch now: https://lnkd.in/d4dcx-uj #Webinar #GenAI #Retail

📰 News: 📰 🚀 Big Changes at Soul Machines: Founders Step Down! 🚀 Exciting times at Soul Machines as co-founders Mark Sagar and Greg Cross step down from their roles as directors. Since 2016, these two visionaries have been at the helm, creating revolutionary AI technology that redefines customer experience through digital people. Their innovation has not only set a new standard but captured the industry's attention globally. Soul Machines is all about humanizing AI interactions. Think personalized digital engagement that's more engaging and interactive than ever before. This is next-level customer experience, folks! 📊 Key Highlights: 🔹 Founded in 2016, pioneering the “digital people” concept 🔹 Over 5 million AI-driven customer interactions to date 🔹 Mark & Greg were the only New Zealand-based directors, now stepping back So, what do you think about these major changes? Drop your thoughts in the comments below! And don’t forget to follow Bernier Group for more updates and insights into the future of AI and digital transformation. 🌐✨ #Hospitality #Ecommerce #Retail #Commerce #Manufacturing #Logistics #Strategy #Innovation #Business #ArtificialIntelligence #AnniQ https://lnkd.in/eMasUE9T

Whether driving greater value for customers or introducing new services, retailers must embrace Gen AI to flourish in 2024 and beyond. Read the Total Retail article by Manish Vora to discover how this next-gen tech can enhance retail market campaigns through sentiment-driven insights, tailored strategies and predictive personalization: https://bit.ly/TR2_L hashtag #GenAI hashtag #DigitalTransformation hashtag #Retail

Whether driving greater value for customers or introducing new services, retailers must embrace Gen AI to flourish in 2024 and beyond. Read the Total Retail article by Manish Vora to discover how this next-gen tech can enhance retail market campaigns through sentiment-driven insights, tailored strategies and predictive personalization: https://bit.ly/TR2_L hashtag #GenAI hashtag #DigitalTransformation hashtag #Retail

Get to know your customer even better and more quickly with First Insight’s latest advancement - InsightIQ Sentiment! 🎉 Generative AI-powered tool transforming customer feedback #GenAI #VoC #firstinsight

This is an excellent use case for Generative AI. Know how your customer feel about your products. Adding this capability to our Predictive Recommendations powered by a Voice of the Consumer data-set makes everything more interesting. Stay tuned! #generativeai #profitoptimization #profit

🎉Big news! SilkPLM & Occubee are joining forces! 🎉 Together, we empower retailers to manage their products from start to finish. 🛫 Our synergy ensures 100% coverage of every step in the product lifecycle—from planning all the way to sales. With AI and advanced data analytics driving the process, we deliver smarter, faster, and more efficient results. What does this mean for your business? ☑︎ Smarter data driven  decisions, ☑︎ greater flexibility in products collection planning and budgeting, ☑︎ the ability to act proactively with sales and demand forecasts, ☑︎ free up your experts' time with automated routine tasks, ☑︎ seamless team collaboration through centralized, unified data, ☑︎ Confidence that the right products hit the right stores, right on time. …and much much more! Discover all the details of our collaboration here:  https://lnkd.in/dMNhYzF8 Got questions? Don’t wait—reach out to Julita Ziółek and Magdalena Majchrzak - Puczyńska now 📩! #ProductManagement #Collaboration #ProductLifecycleManagement #AI #retail

- Focus on "Total Sales" vs. "Big Ticket Items": - Consider boosting offerings in general merchandise, clothing, and personal care items, which showed growth. - Analyze consumer demand trends to align offerings with items that are outperforming big-ticket categories. - Address Frustration and Theft with Improved Operations: - Evaluate store design, ease of navigation, and staffing levels to reduce consumer frustration. - Prioritize enhancing the shopping experience by leveraging in-store technologies effectively. - Consider Long-term Sustainability Over Immediate Savings: - Evaluate the true cost of customer service offerings like AI chatbots. - Assess whether cost-cutting measures may be contributing to broader issues like theft or employee turnover. What strategies have you implemented to enhance shopping experiences and address consumer frustrations effectively? #RetailTrends #CustomerExperience #RetailOperations #AIinRetail #SustainableBusiness Learn more about this topic here: https://lnkd.in/eF_rryjb At Grow Scale Win™, we use AI to enhance productivity and efficiency. The AI Growth System® provides a holistic approach to business growth with a personalized strategy and AI-powered tools for lead generation, nurturing prospects, and closing sales. Learn more at www.growscale.win. DM us with any questions.