Oracle Retail launches a webcast series featuring the latest innovations, customer stories, and recommendations to help retailers navigate the New Next. Register today to join the retail community as we navigate these unprecedented times together.
While the path ahead is unknown, it is the continuous reinvention of the landscape and how brands adapt and evolve that will define the next era of retail. These strategies can help retailers plot a steady course and find their way through uncharted territories.
Over the last 10 years, developments in retail data analytics have been especially useful in assisting marketers in extracting maximum value from retail customer and consumer data. Now it’s time for brands to make the shift from knowing their customers to truly understanding them with the help of Consumer Insights.
It’s important that retailers understand that transparency and honesty are core components for building loyalty with today’s shoppers and through the use of Oracle Retail Brand Compliance they can react faster to product issues and remain transparent.
Take a look at private brand food safety from the grocery retailers’ point of view – the upside and the challenges – and insight into the growing global private label industry and how Oracle Retail Brand Compliance is supporting the growth.
While subscriptions offer a new and unique way to connect with consumers and move merchandise, the key principles are the same as those of traditional retail: the customer remains in the driver’s seat, retail inventory management remains critical and brands need the right technology in place in order to keep up.
Spend time with Oracle Retail next week at NRF 2020 to see how to successfully pivot to customer on the platform for modern retail and see retail customers showcased in the booth.See innovations to acquire new customers at a lower cost, convert more store traffic with mobile and execute optimal inventory placement.