Boosting the Bottom Line with Big Data-Driven Merchandising
Big Data—the virtual flood of information being collected from in-store and online browsing and shopping, social media, mobile devices, beacons, census surveys and numerous other sources—continues to be one of the biggest buzzwords in retail . It’s not the data itself that’s so exciting for retailers and brands, but the patterns and insights that can be gleaned from it in order to drive efficiencies and revenue.