Markets Report What’s Trending in Automated Pricing Technology
The adoption of automation has alleviated some of the stress in-person staff are now feeling. It has already led to greater efficiencies with fast-evolving retail tech trends in voice commerce, drone delivery, demand forecasting, virtual fitting rooms, and many.
In 2020 alone, the customer conversion rate increased for AR-engaged, thanks to augmented reality in the retail industry. With interesting developments already influencing the future of retail within the supply chain domain, the consideration of automated pricing technology is the task.
Buyer-Focused Custom Pricing
Since prices change so frequently, electronic shelf labels can help keep stores up to date. Personalized pricing technology and algorithms would be in high demand, such as only offering certain promotions to a ...