Ciklum’s Post

AI's transformative potential in retail is undeniable. Automated inventory and real-time personalization highlight a future where efficiency and customer satisfaction go hand in hand. Excited to see how these advancements will shape the retail landscape by 2025.

#GenerativeAI is expected to have a $9.2T impact on the retail sector by 2029, but 42% of retailers are struggling to connect their various data silos. Read the latest research that will help retailers better understand the need for a unified data strategy: #salesfore #retail #retailers

First-party data business models in retail create a virtuous flywheel. With customer journeys becoming ever more digital, margin pressures weighing heavily, and competitive terrains shifting quickly, retailers should not delay in leveraging their unique access to first-party customer data. Boston Consulting Group (BCG) #data #dataanalytics #retail #customerjourney #loyalty #personalization #AI #insights

Discover the power of AI in #eCommerce! Personalized product recommendations, pricing optimization, enhanced customer service, segmentation, smart logistics, and sales forecasting are transforming online shopping. Embrace the revolution! 🤖🛍️ #AIineCommerce #TechRevolution #Personalization #SmartLogistics #CustomerService #SalesForecasting #eCommerceInnovation

In the sprawling marketplaces of today, the interface between sales consultants and customers often shapes the narrative of a brand. A recent endeavour with a Global Retailer unraveled not just a story of increased revenue but an unexpected lesson in the transformative power of data-led insights. 🧩 The mission was precise: use our AI Impact Program to unearth insights that could enhance the efficacy of sales consultants, especially in clinching their first orders. The outcome was astounding – an estimated $10m boost in revenue. But as the numbers soared, an unexpected lesson unfolded. 📈 1. **Human Potential Unveiled:** Data doesn’t just speak numbers; it narrates the untapped potential within every sales consultant. The right insight at the right time could be the catalyst that transforms a hesitant pitch into a confident closure. 🤝 2. **Training, a Continuous Dialogue:** Training isn’t just an initial chapter; it’s a continuous dialogue. The insights generated, shed light on the areas of improvement, making training a tailored, ongoing narrative rather than a one-off chapter. 🔄 3. **Insights, the Bridge to Customer Expectations:** By understanding the patterns that led to successful closures, the retailer could align its sales strategies more closely with customer expectations, creating a narrative of trust and satisfaction. 🎯 4. **Data, a Compass to Revenue Streams:** Beyond the immediate revenue uptick, the insights opened avenues for sustained revenue streams. It’s about creating a ripple effect that resonates through every future customer interaction. 💰 5. **Swift Transformation:** The agility in delivering transformative insights within a month was not just a win for operational efficiency but a lesson in how prompt data-led actions can be a game-changer in the competitive retail landscape. 🚀 The journey with the Global Retailer wasn’t just about numbers; it was about understanding the human element intertwined with those numbers. It was about seeing data not just as figures on a dashboard, but as a mirror reflecting the potential, the challenges, and the road ahead for every sales consultant. The venture was a testament to how a blend of AI, insightful analytics, and an understanding of human dynamics can script a narrative of success, not just in numbers but in nurturing a culture of continuous learning and customer satisfaction. 🌐 #AI #RetailInsights #SalesEfficiency #HumanPotential #PattrnData The road to innovation is paved with diverse experiences. Have you encountered any unexpected lessons in your data-led projects? Share your insights below, let's delve into the unanticipated yet valuable lessons that steer us towards a better understanding of the intertwined narrative of data, people, and revenue. 💬

In the sprawling marketplaces of today, the interface between sales consultants and customers often shapes the narrative of a brand. A recent endeavour with a Global Retailer unraveled not just a story of increased revenue but an unexpected lesson in the transformative power of data-led insights. 🧩 The mission was precise: use our AI Impact Program to unearth insights that could enhance the efficacy of sales consultants, especially in clinching their first orders. The outcome was astounding – an estimated $10m boost in revenue. But as the numbers soared, an unexpected lesson unfolded. 📈 1. **Human Potential Unveiled:** Data doesn’t just speak numbers; it narrates the untapped potential within every sales consultant. The right insight at the right time could be the catalyst that transforms a hesitant pitch into a confident closure. 🤝 2. **Training, a Continuous Dialogue:** Training isn’t just an initial chapter; it’s a continuous dialogue. The insights generated, shed light on the areas of improvement, making training a tailored, ongoing narrative rather than a one-off chapter. 🔄 3. **Insights, the Bridge to Customer Expectations:** By understanding the patterns that led to successful closures, the retailer could align its sales strategies more closely with customer expectations, creating a narrative of trust and satisfaction. 🎯 4. **Data, a Compass to Revenue Streams:** Beyond the immediate revenue uptick, the insights opened avenues for sustained revenue streams. It’s about creating a ripple effect that resonates through every future customer interaction. 💰 5. **Swift Transformation:** The agility in delivering transformative insights within a month was not just a win for operational efficiency but a lesson in how prompt data-led actions can be a game-changer in the competitive retail landscape. 🚀 The journey with the Global Retailer wasn’t just about numbers; it was about understanding the human element intertwined with those numbers. It was about seeing data not just as figures on a dashboard, but as a mirror reflecting the potential, the challenges, and the road ahead for every sales consultant. The venture was a testament to how a blend of AI, insightful analytics, and an understanding of human dynamics can script a narrative of success, not just in numbers but in nurturing a culture of continuous learning and customer satisfaction. 🌐 #AI #RetailInsights #SalesEfficiency #HumanPotential #PattrnData The road to innovation is paved with diverse experiences. Have you encountered any unexpected lessons in your data-led projects? Share your insights below, let's delve into the unanticipated yet valuable lessons that steer us towards a better understanding of the intertwined narrative of data, people, and revenue. 💬

Adopting artificial intelligence (AI), data analytics, and customer engagement strategies into the retail environment can provide businesses with a competitive advantage amongst their peers – allowing for personalized shopping experiences, data-driven insights, and tailored marketing strategies. https://lnkd.in/eAJ9Y5sH

In the sprawling marketplaces of today, the interface between sales consultants and customers often shapes the narrative of a brand. A recent endeavour with a Global Retailer unraveled not just a story of increased revenue but an unexpected lesson in the transformative power of data-led insights. 🧩 The mission was precise: use our AI Impact Program to unearth insights that could enhance the efficacy of sales consultants, especially in clinching their first orders. The outcome was astounding – an estimated $10m boost in revenue. But as the numbers soared, an unexpected lesson unfolded. 📈 1. **Human Potential Unveiled:** Data doesn’t just speak numbers; it narrates the untapped potential within every sales consultant. The right insight at the right time could be the catalyst that transforms a hesitant pitch into a confident closure. 🤝 2. **Training, a Continuous Dialogue:** Training isn’t just an initial chapter; it’s a continuous dialogue. The insights generated, shed light on the areas of improvement, making training a tailored, ongoing narrative rather than a one-off chapter. 🔄 3. **Insights, the Bridge to Customer Expectations:** By understanding the patterns that led to successful closures, the retailer could align its sales strategies more closely with customer expectations, creating a narrative of trust and satisfaction. 🎯 4. **Data, a Compass to Revenue Streams:** Beyond the immediate revenue uptick, the insights opened avenues for sustained revenue streams. It’s about creating a ripple effect that resonates through every future customer interaction. 💰 5. **Swift Transformation:** The agility in delivering transformative insights within a month was not just a win for operational efficiency but a lesson in how prompt data-led actions can be a game-changer in the competitive retail landscape. 🚀 The journey with the Global Retailer wasn’t just about numbers; it was about understanding the human element intertwined with those numbers. It was about seeing data not just as figures on a dashboard, but as a mirror reflecting the potential, the challenges, and the road ahead for every sales consultant. The venture was a testament to how a blend of AI, insightful analytics, and an understanding of human dynamics can script a narrative of success, not just in numbers but in nurturing a culture of continuous learning and customer satisfaction. 🌐 #AI #RetailInsights #SalesEfficiency #HumanPotential #PattrnData The road to innovation is paved with diverse experiences. Have you encountered any unexpected lessons in your data-led projects? Share your insights below, let's delve into the unanticipated yet valuable lessons that steer us towards a better understanding of the intertwined narrative of data, people, and revenue. 💬

Adopting artificial intelligence (AI), data analytics, and customer engagement strategies into the retail environment can provide businesses with a competitive advantage amongst their peers – allowing for personalized shopping experiences, data-driven insights, and tailored marketing strategies. https://lnkd.in/eguMBXVa