The retail sector is where every customer is important, this industry is transforming by, constant connectivity, contextual relevance, and a multi-screen world are changing both online and offline shopping. The in-store experiences are getting multi-dimensional, it is opening an entirely new world of possibilities for forward-thinking retailers. Karthic Labs implements smart technology which plays important role in the management of complex retail operations. In today’s world market knowledge, as well as control of data and information is essential to obtain a competitive advantage in the retail sector and to provide best experience to well updated consumers by understanding and implementing on their expectations. Our smart technology acts as enabler to speed up processes and increase sales, improve customer relation and retention rates, and deliver ROI to stake holders.
Digitizing the experience
physical store locations have faced the silent assault of e-commerce. Consumers are growing used to the ability to buy an item with one click and have it in their hands the following day. Not only are we willing to buy most things online, we have more devices than ever to order them from
- Augmented Reality
- Virtual Reality
- Artificial Intelligence
- Voice AI
- Facial recognition
- Sensor data
Predictive Analysis
Predictive analytics helps make sense of it. Your customers recognize and value product recommendations—and a personalized retail experience. ... That's predictive analytics at work online. It also gives you the ability to learn more about your customers' shopping behaviors and inform the way you manage inventory
- Forecast Product Demand
- Anticipate Changes
- Market Basket Analysis
- Predict Trends