Algorithmic Matrix

Retail

Overview

Most brick & mortar retailers are under immense pressure as a result of the growing tendency towards online shopping. Ensuring that your customers have a superior experience every time they visit your brick & mortar shop is a must and optimizing each part of your business to maximize profitability is essential.

We provide retail clients with the ability to optimize pricing, manage inventory optimally and market effectively in order to maximize business efficiency and customer satisfaction.

Icons Representing Retail Industries

Businesses

optimal market segmentation image
Department Stores
Discount Stores Icon
Discount Stores
Supermarkets Icon
Supermarkets
Warehouse Stores Icon
Warehouse Stores
Speciality Stores Icon
Speciality Stores
Business to Business Retailers
Business to Business Retailers Icon
Wholesaling and Warehousing Icon
Wholesaling and Warehousing
Malls & Shopping centres Icon
Malls & Shopping centres
Convenience stores Icon
Convenience stores
Drugstores or Pharmacies Icon
Drugstores or Pharmacies

Industry Challenges

  • Marketing the right product to the right customer at the right time;
  • Acquiring the right inventory to satisfy all your customers;
  • Stocking the right inventory in the right quantities in different stores;
  • Making the most of the information gathered through loyalty programmes;
  • Upselling, cross-selling and remarketing successfully;
  • Pricing products and services in a way that maximizes revenue and customer satisfaction;
  • Preventing your customers from going to a competitor, in other words, predicting churn;
  • Gaining a deep understanding of customers' complex behaviors & identifying the real factors that drive their behavior;
  • Marketing successfully for seasonality in your industry (Christmas, Valentine’s day, Mother’s day, holidays, weather, etc.);
  • Making the most of the interaction data you have. You’re sitting on mountains of data, and wondering how to turn that into business insights, and ultimately profits.

Harness the power of AI to help you solve your business challenges.