Whether it’s optimizing the shelf to drive sell thru’s or creating a better connection with your key retailers, intelligent merchandising is all about making sure that what you want to move in front of your customers gets there. To do this correctly, you need a unified system tracking everything and delivering intelligent recommendations.
A Effective Intelligent Merchandising retail solution enables you to centralize and analyze data insights that can help inform your product merchandising decisions. This means you can use information on shopper’s real-time browsing behavior, their shopping intent or their past product search history to deliver a curated e-commerce merchandising experience. It also allows you to make smarter choices when tagging or structuring your products, allowing for a more efficient workflow.
Revolutionizing Retail: The Power of Intelligent Merchandising
Maintaining the right inventory level is one of the biggest challenges for any merchandise planner. Gen AI-based advanced systems can help with this by incorporating demand forecasting and replenishment data to optimize planograms. It can also help to perform store-specific space optimization by classifying and recommending specific items in stores to meet local demands.
It’s all about generating new and creative ideas that are both cost-effective and can support your brand and business goals. Intelligent merchandising has the power to transform the creative process by taking on repetitive tasks like spotting sales trends or tagging items, at a far greater speed and accuracy than humans. This frees up your human team to focus on more complex and innovative tasks that only they can do, which ultimately leads to a stronger connection with your customers.