The Modern Retail Experience: Automated Pricing with IoT Devices
In the latest episode of the Modern Retail Experience, we explore how IoT devices are revolutionizing automated pricing in retail.
Hosted by April Waits, Director of Custom Media, TLS at RETHINK Retail, this episode features in-depth discussions with industry experts Pauline Monin, Director of Product Marketing at VusionGroup, Zachry Whigham, Associate Director - Alliances Business Development at Kyndryl, Jerry Sheldon, VP of Technology at IHL Services, and Melissa Minkow, Director, Retail Strategy at CI&T.
As retailers face increasing demand for accurate and automated pricing, leveraging IoT assets has become essential to stay competitive and deliver exceptional value to customers.
Our experts share their insights on how technology is enhancing operational efficiency, ensuring accurate pricing, and improving customer value.
Key takeaways from this episode:
Strategies for leveraging IoT to automate pricing and improve customer value: Learn how IoT devices can streamline pricing processes, reduce errors, and provide real-time data for better decision-making.
Insights into the role of data in enhancing retail operations: Discover how data collected from IoT devices can be used to analyze shopper behavior, optimize inventory management, and tailor promotions to increase sales.
Essential security measures for protecting IoT devices and data: Understand the importance of securing IoT networks, implementing multi-factor authentication, and encrypting data to safeguard against potential threats.
This episode also delves into the impact of IoT on personalized deals and inventory management, highlighting the benefits of automated pricing for both retailers and consumers.
With operational efficiencies, retailers can reduce manual labor, minimize errors, and execute promotions on time, driving revenue and improving customer satisfaction.
Tune in to discover how these advancements are shaping the future of retail, and gain valuable insights from our panel of experts.
Don’t miss this opportunity to stay ahead of the curve and learn how to leverage the latest technology in your retail strategy.
