Customer data has always been an asset for brands, and its importance continues to grow. The ability to collect, analyze, and leverage customer information holds a lot of potential for driving the growth of your business. In this blog, we will explore the impact that customer data can have on various retail operations and its […]
Generation Z, more popularly known as “Gen Z” makes up 40% of global consumers and is swiftly reshaping industries with their unique perspectives. Gen-Z’s tech-savvy upbringing has led to the clanging of shopping carts being replaced by the subtle clicks of keyboards and touchscreen swipes. In the retail world, where shopping once meant navigating aisles, […]
What is buy now, pay later (BNPL)? Buy Now, Pay Later (BNPL) is a payment option that allows customers to make purchases upfront and defer the payment for those purchases over time. It has gained significant popularity in recent years as an alternative to traditional credit cards and installment plans. Klarna, Afterpay, and PayPal are […]
Inventory forecasting, also known as demand forecasting, is the process of estimating future demand for products or services to determine the appropriate inventory levels to meet customer demand. It involves analyzing historical sales data, market trends, customer behavior, and other relevant factors to make informed predictions about future demand patterns. Inventory forecasting is crucial for […]
