Welcome to Intelligence Node's Blog. Regardless of where you are on your retail analytics and machine learning journey, our blog covers a vast range of topics to maximize your retail growth and ensure your success.
The best thing about January is the opportunity to start again, a general optimism for doing better retail planning than last year . More so for retail, being one of the hardest hit industries last year. As retailers re-evaluate 2018’s retail planning decisions, the overarching theme for Budget ‘19 is ‘uncertainity’, given the current political […]
Artificial intelligence, like any new technology with the potential to change the world, has inspired a doomsday narrative that seems more plausible each day. With significant strides this decade, AI finally seems to have arrived. Whatever form it takes from here on, one thing is certain: This is a divisive force capable of disruption. Ready […]
An SKU or a Stock Keeping Unit is a vital part of retail inventory management. It helps retailers organize, optimize, and keep track of product information, accurately. SKUs and Their Relevance in Retail Merchandising You sell a large number of products in your business. Even if you own a single small store, you still need […]
Last month, the Intelligence Node team moved to a bigger, swankier office after an impressive year and some major growth spurt. We put in a lot of thought into the design and amenities for our new office space, drawing on the guidance of our friends from Glauben Designs, so we thought we’d take you on […]
As fashion gets faster and more global, it’s also getting more complex and competitive. Many apparel retailers and brands struggle with decisions about which numbers to put on their price tags to ensure they attract enough consumers willing to pay while protecting their brand reputation and profit margins. Let’s look at how today’s most successful […]
Billions of products are sold online, and there are numerous stores selling them. Identifying and matching particular products for various purposes like price comparison, becomes a challenge as there are no obvious global unique identifiers. This is where AI and Machine Learning come in. So Many Products and No Way to Match Them Across Stores […]
Full disclosure: This post truly is about to spill some guts- nothing gory, of course! We will reveal all the Halloween treats ‘in store’ for retailers this year. And by treats, we’re talking delectable increased sales and profits. What retailers have up their sleeves this Halloween Halloween is an excellent opportunity for retailers to catch […]
Information is power – when we use it wisely. Far too many retail executives feel overwhelmed by the vast volumes of data their companies collect, which often accumulate into a massive, intimidating Mount Everest. Yet it’s no coincidence that the most successful retailers are those who invest in big data analysis and artificial intelligence (AI). […]
Assortment planning is a cumbersome process most retailers dread, physical or digital, but it’s essential to the business and becoming more critical than ever as the e-commerce segment grows. To ease the pain of assortment planning, retailers are starting to adopt systems rooted in big data analytics and artificial intelligence. With the promise of making […]
Decades-old retailers with valuation in the billions are quaking in their boots, afraid of one name above all others: Amazon. The Seattle-based titan of e-commerce looms over the entire retail economy and is expanding to more and more verticals with each passing quarter. It’s only a matter of time until incumbents in the beauty industry […]
If you’re a retailer in the twenty-first century, chances are that you’ve come across the terms ‘deep discounts’ and ‘everyday low prices.’ Convenience stores, e-retailers, and brick and mortar stores alike face this dilemma; to go with consistently lower prices, or try an ad campaign with occasional sales and promo offers. In the US, most […]
