2024-03-29 06:04
Research suggests that 80% of customers on B2B commerce platforms expect to receive a buying experience that’s on par with that offered to their B2C counterparts1 – placing a gre… Read More
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Algonomy Retail Solution Blog
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demand
cannibalization
inventory
retailers
holiday
aidriven inventory reduction
campaign
biggest challenge
social proof
optimization managers
Algonomy (previously Manthan-RichRelevance) empowers leading brands to become digital-first with the industry’s only real-time Algorithmic Decisioning platform that unifies data, decisioning, and orchestration. With industry-leading retail AI expertise connecting demand to supply with a real-time customer data platform as the foundation, Algonomy enables 1:1 omnichannel personalization, customer journey orchestration & analytics, merchandising analytics, and supplier collaboration.
2024-03-28 06:36
Easter is a time when homes resonate with laughter, adorned with bright decorations symbolizing renewal and hope. Easter signifies more than a holiday—it’s a cherished opportunit… Read More
2024-03-20 11:55
In the bustling world of health, beauty, and wellness retail, staying ahead of the curve is not just a strategy – it’s a necessity. With customers demanding more personalized exp… Read More
2023-12-07 07:25
The recommendation engine market size, valued at just over $1 billion in 2018, is projected to hit an astounding $12 billion by 2025. Almost seven out of ten business leaders are boosting th… Read More
2023-11-16 11:09
The holiday season is a time of joy and celebration for many, but for online retailers, it’s also a period of intense preparation.
As a personalization consultant at Algonomy… Read More
2023-10-27 05:59
Ah, the joyous season is almost upon us, and retailers are donning their festive hats to prepare for the promotional whirlwind – scrambling to finalize the assortment and promotions fo… Read More
2023-10-04 10:56
Recommend, Algonomy’s personalized product recommendation platform, offers optimization managers a way to test how different affinity-based personalization strategies influence how sho… Read More
2023-09-29 12:42
The Inventory Dilemma We All Face
You know that feeling when you open your closet and find it crammed with clothes you never wear? Well, that’s a bit like how traditional inventory… Read More
2023-05-15 10:18
Replenishment planning is a crucial aspect of grocery retail. It involves ensuring that shelves are stocked with the right products in the right quantities at the right time.
In today&rsq&hell…Read More
2023-04-18 11:32
Conventional wisdom has maintained that Personalization Utopia can be obtained by 1-1 Individualization. Sounds like a novel idea, but the reality for eCommerce executives is that it is not… Read More
2023-04-05 11:58
The pandemic might be close to the end thanks to public health programs, inflation may be easing and supply chain disruptions may be on the wane. But 2023 is nevertheless going to be defined… Read More
2023-02-08 04:19
In 2023, retail firms understand the impetus of matching the elevated pace of business while also responding to supply challenges with agility. In this new normal, suppliers have emerged not… Read More
2022-11-29 06:46
While marketing, merchandising, and buying take the center stage when one talks about retail planning and operations, what gets relatively less attention is the store replenishment process… Read More
2022-11-10 09:45
Download this article as a PDF.
The Customer Data Platform (CDP) industry has moved from muddled definitions to a more structured industry with clearly defined types that have been bucketed… Read More
2022-10-25 12:26
Demand and supply planning are often seen as the core activities for a retail organization. Simply put – it is all about placing the right product at the right place at the right time… Read More
2022-10-21 07:16
This question is more relevant than ever in the world of Digital Retail. While one would want to lean towards a yes, the answer isn’t that simple.
Retailers are building their… Read More
2022-10-18 11:25
Personalization has moved past the eCommerce world to include retail touchpoints across online and offline channels. Customers now demand to be met with personalized experiences on their tur… Read More
2022-09-09 06:34
Consumer electronics is a rather crowded space with a swarm of brands trying to make their presence felt in every category — from wearables to televisions and headphones to laptops. Un… Read More
2022-09-08 13:10
Demand forecasting is the process of predicting how much demand your products will have over a specific period, based on historical and real-time data. It helps make the right procurement an… Read More
2022-09-06 13:11
Research suggests that about 40% of brands are exploring ways to expand their data-driven budgets in marketing. Realizing the true value and potential of data has been instrumental in the di… Read More
2022-08-23 04:53
Cart abandonment is a user behavior every eCommerce business hates but has to contend with every day. Among the top reasons for cart abandonment are high shipping costs or taxes, mandatory a… Read More
2022-08-19 15:56
While B2C businesses are competing fiercely to make customer experiences on their digital channels more and more personalized, many B2Bs are still considering whether investing in personaliz… Read More
2022-08-12 15:46
As a business, one of the most effective ways to increase your customer engagement and conversions is to make your marketing efforts more targeted and precise. A study by Epsilon revealed th… Read More
2022-08-08 12:45
As an eCommerce brand, many of the items in your inventory might be the kind that fly off the virtual shelves in minutes and have to be constantly replenished. There might also be some produ… Read More
2022-08-03 08:36
From Segmentation to Individualization – Part 3
In the previous two articles of this series, we set the stage for you to understand why it’s important to move from rule-based… Read More
2022-08-01 12:26
From Segmentation to Individualization – Part 2
Part one of this series talks about the limitations of segment-based personalization.
Post-pandemic, customer loyalty toward brand… Read More
2022-07-26 13:57
From Segmentation to Individualization – Part 1
When someone asks a marketer how to go about personalizing customer experiences, their first answer is likely to be targeting. For ex… Read More
2022-07-19 12:56
Globally, customer-centricity has become one of the cornerstones of the retail industry transformation. One would think, it’s the Walmarts of the world that are setting high customer e… Read More
2022-07-15 08:58
Current business scenarios are proving that companies that plan for both best- and worst-case circumstances are the real winners.
In recent times, we’ve seen that well-prepared comp… Read More
2022-07-14 06:54
It is no wonder that marketers have capitalized on social proof to persuade consumers to buy a product—with promotional lines such as ‘99 per cent of people prefer’ or &lsq&hell…Read More
2022-07-12 12:27
A Customer Data Platform (CDP) is used to collate consumer data from diverse first, second, and third-party sources into a single central location. It records and distills your consumer inte… Read More
2022-06-29 07:42
Today’s consumers want highly personalized services and digital experiences. In fact, about 3 out of 4 users get frustrated when they do not get that convenience. Personalization is, t… Read More
2022-06-23 07:12
Grocery retail has irrevocably changed. The last two years in particular have exposed many gaps in business. Replenishment emerged as one of the major fault lines in the changed grocery reta… Read More
2022-06-21 12:16
Data is an immutable asset. One that has surpassed oil to become the most valuable resource in the world. Yet, in the age of analytics, it is just that – fuel. Much like fuel, it must… Read More
2022-05-31 13:52
So, you put in the work, try to optimize where you see opportunity, and leverage new techniques. You’re excited about this email. Yet, you don’t see the results you were expectin… Read More
2022-05-11 09:30
Use this checklist to find out.
Do you understand various search behaviors?
Like most retailers, you are seeing a greater influx of visitors – both new and old. Over the past 24… Read More
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