Loyalty programs and recommendation solutions rely just on POS Sales data. Marketers have very little clue about the retail experience a user is going through. Entire tactical and strategic planning is based on sparse market visits and sales data which is too myopic because there is no know how of quantitative consumer behavior and heat maps inside the store. Imagine a world wherein an HNI repeat customer walks into a future ready store and is greeted by the store manager by her name.
"Hi Richa mam, pleasure to see you this evening. Hope you enjoyed the cake which you had bought last week"
Even before she finalizes her shopping and reaches the POS, her entire sales history is available by matching her face in real time. Not only that, how many times she had visited but didn't buy anything, even that is captured.
Prophecy for Retail is an Artificial Intelligence Enabled Recommendation engine which takes numerous inputs like customer's past buying behavior (value, product category, date and frequency, volume), inventory SKU wise, offers & discounts, campaigns currently running and suggests a customized offer to the customer who has just walked in. For a foodie in you, what better to know that your favorite items are available in the store which you had bought 3 times in the last 4 months.
"Mam, your favorite blueberries from British Columbia have just arrived, should we pack some for you?"
Unlike traditional loyalty programs which just spam people through the day and there is not even 1% conversion, our AI engine would push a custom message when the customer is inside the store; giving a far higher conversion rate and taking loyalty programs to new heights.
"She was delighted to see the blueberries which she craves for and also bought freshly baked breads for her kids"
Prophecy for Retail gives the most comprehensive insights on customers behavior, store analytics and a recommendation engine which fine tunes itself automatically with passage of time and brings Artificial Intelligence to the offline world!
Traditional BI tools' UI and visualization layer isn't tailormade and intuitive enough as per the use cases of retail sector. Prophecy leverages its timeline and GIS layers to plot physical stores which makes it really an easy affair to analyze retail sales and fish out deep customer insights from complex and multi variable data points.
It unlocks various horizons which promise to revolutionize and seamlessly ties the sales, distribution, marketing and logistics verticals into one window!
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Learn More SAP is run by over 250,000 customers worldwide, including 87 percent of Global 2000 companies and 98 percent of the 100 most valued brands. Despite housing and organization’s most valuable and sensitive information..
Learn More The Central Reserve Police Force (CRPF) is the premier central police force of the Union of India for internal security. Originally constituted as the Crown Representative Police in 1939, it is one of the oldest Central para military..
Learn More Mindteck, a global technology company established in 1991, provides Product Engineering solutions and Information Technology services to top-tier Fortune 100 companies, start - ups, leading universities...
Learn More