'Evolved' retailers more likely to succeed compared to pure-play business strategy

Evolved Retailers Image

2015 was a busy year for the Indian e-commerce industry. Many companies have joined the battle for a share of the e-commerce market.There are many e-commerce companies that were launched in the last year and many more that closed shop over the same period. Some of the newly launched e-commerce shopping portals in 2015 are Aditya Birla Group’s venture abof, the Mahindra Group’s venture m2all, Confederation of All India Traders (CAIT) launched e-lala etc.

By Retail Customer Experience on 26th January 2016

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Big Data In Retail: How To Win With Predictive Analytics

Predictive analytics path

Predictive analytics can improve retailers’ pricing, inventory control, customer service, and ultimately, their bottom line. But some are reluctant to change a system where decisions are traditionally based on merchants’ opinions.

By Teresa Meek from Forbes on 18th Feb 2015

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