Retail Intelligence Blog | Intelligence Node

Retail Budget Planning 2019: Driving Revenues with Technology

The best thing about January is the opportunity to start again, a general optimism for doing better than last year. More so for retail, being one of the hardest hit industries last year. As retailers re-evaluate 2018’s decisions, the overarching theme for Budget ‘19 is ‘uncertainity’, given the current political climate, a looming trade war, […]

Four Things Retailers Need To Unlearn About AI…

Artificial intelligence, like any new technology with the potential to change the world, has inspired a doomsday narrative that seems more plausible each day. With significant strides this decade, AI finally seems to have arrived. Whatever form it takes from here on, one thing is certain: This is a divisive force capable of disruption. Ready […]

A Tour of Intelligence Node’s New Office

Last month, the Intelligence Node team moved to a bigger, swankier office after an impressive year and some major growth spurt. We put in a lot of thought into the design and amenities for our new office space, drawing on the guidance of our friends from Glauben Designs, so we thought we’d take you on […]

How to set fashion prices that fit

As fashion gets faster and more global, it’s also getting more complex and competitive. Many apparel retailers and brands struggle with decisions about which numbers to put on their price tags to ensure they attract enough consumers willing to pay while protecting their brand reputation and profit margins. Let’s look at how today’s most successful […]

How to Classify, Match Products With Machine Learning

Billions of products are sold online, and there are numerous stores selling them. Identifying and matching particular products for various purposes like price comparison, becomes a challenge as there are no obvious global unique identifiers. This is where AI and Machine Learning come in. So Many Products and No Way to Match Them Across Stores […]

The Blood and Guts of Halloween Retail in…

Full disclosure: This post truly is about to spill some guts- nothing gory, of course! We will reveal all the Halloween treats ‘in store’ for retailers this year. And by treats, we’re talking delectable increased sales and profits. What retailers have up their sleeves this Halloween Halloween is an excellent opportunity for retailers to catch […]

3 Retail Leaders Using Big Data & AI…

Information is power – when we use it wisely. Far too many retail executives feel overwhelmed by the vast volumes of data their companies collect, which often accumulate into a massive, intimidating Mount Everest. Yet it’s no coincidence that the most successful retailers are those who invest in big data analysis and artificial intelligence (AI). […]

A Guide To Picking A Good Assortment Planning…

Assortment planning is a cumbersome process most retailers dread, physical or digital, but it’s essential to the business and becoming more critical than ever as the e-commerce segment grows. To ease the pain of assortment planning, retailers are starting to adopt systems rooted in big data analytics and artificial intelligence. With the promise of making […]

Can the Beauty Industry Survive an Amazon Onslaught?

Decades-old retailers with valuation in the billions are quaking in their boots, afraid of one name above all others: Amazon. The Seattle-based titan of e-commerce looms over the entire retail economy and is expanding to more and more verticals with each passing quarter. It’s only a matter of time until incumbents in the beauty industry […]

Deep Discounts or Everyday Low Prices: Which Strategy…

If you’re a retailer in the twenty-first century, chances are that you’ve come across the terms ‘deep discounts’ and ‘everyday low prices.’ Convenience stores, e-retailers, and brick and mortar stores alike face this dilemma; to go with consistently lower prices, or try an ad campaign with occasional sales and promo offers. In the US, most […]

Is your pricing engine costing you 20% in…

Don’t let blindspots eat away your precious margins! These days you can hardly talk about retail without talking about pricing. It may be the most crucial metric for the industry going by the Amazon wave and price wars online. Dynamic competitive landscape demands that pricing strategies be flexible and adaptive. A retailer’s pricing decision is […]

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