How Location Intelligence Is Transforming Retail
There are five ways that location intelligence is revolutionizing retail :
- Drone-Based Site Selection : to gauge the health of their business.
- Predictive shopping : mining cells that are from there on locations to spot history, sales patterns and predict feature best sellers at each location offering them a jump on kickstarting their supplies change and tailoring the mix for every store shelf.
- personalize pricing : failure to accurately price risk can lead to catastrophic losses.
- Halo forecasting : combines location intelligence transactions consumer profile and AI to predict how local in store and online sales will affect the other.
- growth hacking : instructor that executive credit with accelerating the pace of openings by a factor of five.
in my opinion, you can decide which of the method you want to choose. it is based on what you want to achieve.