Discover the captivating world of retail psychology in our latest episode of Retail Maverick Shorts. Unravel the mystery behind "Why shoppers lie" and delve into how cutting-edge AI technology erases the gap between what consumers say and what they do.
Traditional research methods often fall short as shoppers provide incomplete or aspirational responses, creating a challenge for retailers and CPG companies.
Join us as we explore the toothpaste aisle analogy, where stated preferences don't always translate into purchasing decisions. Learn from industry giants like Walmart, who emphasize the critical importance of accurately predicting consumer demand to maintain business success. We'll uncover how AI algorithms, fueled by store-level data, transform decision-making.
By adopting this store-specific approach, businesses can craft tailored assortment plans, unearth growth opportunities, and enhance the shopping experience. Tune in to Retail Maverick Shorts for an enlightening conversation that could reshape your retail strategy
The Role of AI in Planograms: Driving Sales and Enhancing Supplier Negotiations
How AI Drives New Product Innovation & Measure Impact
Russ Hawkins Russ Hawkins on Unlocking the Future of Retail: Challenges and Data Insights
How does AI help with assortment deletions and additions?
"What If" Scenarios: Exploring Assortment Strategies with AI
Podcast - Common Pitfalls in Product Line Reviews (PLR) and How AI can help
6 AI-driven use cases for scenario analysis and strategic assortment planning
Unveiling Edge Assortments: AI's Hidden Retail Gems
Penelope Murdoch on Retail Transformation and Designing AI-Driven Products
Why Optimizing Demand Transfer at the Store Level Matters
"The Chameleon Effect: Unmasking the Dichotomy of Consumer Behavior
Dirk Herdes and Jackie Wightman on Leveraging AI Towards Locally Relevant Shelves
Test Shopper Insight Hunches & Introduce Innovative Strategies To Your Retailer
Navigating Price Strategies: The Delicate Balance in the Retail Industry
Mastering Price Pack Architecture with AI: Optimizing Assortment Across Retailers
Tyson Foods' AI-Driven Journey to Innovation & Brand Protection at Target Stores
The Power of “Item Pairing” in Assortment Strategy Scenario Simulation
Solving the Assortment Optimization Conundrum: Balancing Hyper-Local Retailing with Store-Level Operations
AI's Role in Achieving the Perfect Assortment Space Contribution Index
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