“Retail slowdown” is a plague that has affected many big-name companies. But when it comes to the survivors, there’s one overarching theme that connects them: Effectively enabling rapid AI adoption and moving to data-first modes of operation. When inspecting their formulas for success, it’s not a stretch to predict that a trend in 2020 will […]
With the era of online shopping came the concept of dynamic pricing. This is a natural turn of events that might not be working as well as expected. Dynamic pricing is a strategy based on which retailers change the price of the product based on supply and demand.