article thumbnail

5 ways AI is showing promise as a decision-maker

CIO

An AI system can gather data from customer relationship management software, social media profiles, email interactions, and purchase histories to identify the candidates most likely to convert. Dynamic pricing Airlines, ride-sharing services, and online retailers have long used dynamic pricing to adjust to changing market conditions.

Airline 799
article thumbnail

The Omnichannel Shopping Experience: How to Address Customer Preferences

CIO

All consumers say that having the ability to pay how they want is the most important feature retailers offer.”. A critical step in creating a smooth journey is offering digital profiles that can be accessed by customers across multiple synchronous shopping channels. Nearly two-thirds (65%) of U.S. Nearly two-thirds (65%) of U.S.

Profiling 582
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

It’s time to go paperless: are bank branches ready?

CIO

A tier 1 US retail bank tackled paper at more than 5,000 of its branches. A small regional bank securely disposed of IT assets across five branches and a data center as it began a massive upgrade to its backend and customer-facing technologies 8. They achieved a secure chain of custody with files in an electronic repository.

Banking 524
article thumbnail

Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

One of the critical industries AI is making strides in is the financial technology “fintech” industry. For example, AI can derive the frequency of shopping at retail stores by analyzing traffic footage. The post Promising Benefits of AI in the Financial Technology Market appeared first on SmartData Collective.

article thumbnail

Top 15 Retail Media Networks to Watch in 2024 [Updated]

Tinuiti

Ecommerce Top 15 Retail Media Networks to Watch in 2024 [Updated] By Tinuiti Team Dec 22 2023 When I originally wrote this post in January 2021, retail media was seeing substantial gains across big box and specialty retailers. Focus on the foundations of what a retail media network is to guide you. And…it hasn’t stopped.

Retail 130
article thumbnail

Top 15 Retail Media Networks to Watch in 2024 [Updated]

Tinuiti

Ecommerce Top 15 Retail Media Networks to Watch in 2024 [Updated] By Tinuiti Team Dec 22 2023 When I originally wrote this post in January 2021, retail media was seeing substantial gains across big box and specialty retailers. Focus on the foundations of what a retail media network is to guide you. And…it hasn’t stopped.

Retail 130
article thumbnail

How to Conduct Consumer and Retail Market Research

Alpha Sense BI

The consumer and retail (C&R) industry is evolving rapidly due to a combination of new innovations and technologies, shifts in consumer preferences and behaviors, and macroeconomic events hindering sector growth.