Welcome to another episode of Retail Maverick Shorts, where we explore key topics in the retail industry.
In this episode, we uncover the importance of optimizing demand transfer at the store level. Traditional approaches relying on national demand transfer curves often overlook the unique dynamics of individual stores.
By leveraging AI and store-level data, retailers can accurately predict demand transfer patterns, minimize cannibalization, and maximize incrementality.
We'll dive into the significance of tailoring assortment strategies to specific stores, using the example of Walmart stores in Miami to illustrate the transformative impact of optimizing demand transfer.
Tune in to uncover why optimizing demand transfer at the store level matters for retail success.
Measuring Assortment Impact With AI: Strategy to Execution
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
Unveiling the Retail Truth: Why Shoppers Lie and How AI is Changing the Game
Penelope Murdoch on Retail Transformation and Designing AI-Driven Products
"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
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