CHALLENGING THE FUNDAMENTALS OF RETAIL

| June 17, 2019

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World Retail Congress has been the global platform for industry trends and the next wave of groundbreaking opportunities since 2007.The World Retail Congress represents a truly unique opportunity to interact with and learn from leaders of important retail organisations from around the world.

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CDN Software Solutions

CDN Solutions Group a leading App development company, started off as a team of four in the year 2000, by two passionate entrepreneurs, Mr. Surajit Mitra and Mr. Chetan Naik, who had this irresistible dream of building an organization that would embrace everything from soup to nuts of the IT services Industry. CDN Solutions Group Achievements:

OTHER ARTICLES

Startup Fast raises $20M to streamline e-commerce checkout

Article | April 2, 2020

Fast, a digital login and checkout company, announced last week that it raised $20 million in Series A funding led by Stripe, with additional participation by Index Ventures and Susa Ventures. The funding will enable the company to introduce Fast Checkout, a one-click purchase product for e-commerce, internationally and to expand its product and engineering teams, the company said in a statement. The company will unveil Fast Checkout, a tool which allows consumers to complete purchases with a single click on any browser, platform or device, "in the coming weeks," per the announcement.

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What are the biggest barriers to AI adoption for retailers?

Article | April 2, 2020

According to KPMG’s “Living in an AI World 2020 Report,” retailers have some optimism, some skepticism and some pessimism about how artificial intelligence (AI) will impact the industry. The study explored how 751 insiders across five industries, including retail, view the future of AI in their sectors. On the downside, 64 percent of retail insiders agreed that the use of AI to help businesses is more hype than reality right now. The study also identified numerous challenges retailers believe they face in capitalizing on AI’s potential: AI readiness: Just 43 percent of retail respondents believe their employees are prepared for AI adoption. Relatedly, only 52 percent say their companies offer any type of AI training.

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How SMEs can emulate the success of Amazon through ecommerce personalization

Article | April 2, 2020

Whatever your feelings are towards Amazon, there is no denying that they have revolutionised ecommerce and now set the bar for the personalised experience of users when it comes to online shopping. So much so that it was recently reported that they have more than a 30% share of the UK’s ecommerce market. With statistics like this, it may feel like it is impossible to compete, especially as Amazon has huge tech and marketing budgets at its disposal. However, all is not lost. It is possible for SMEs to learn from the forerunner and implement some of their most successful techniques, with regards to their use of ecommerce personalisation and AI, to increase sales cost effectively.

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Which Retail Store Is Better: Amazon or Walmart

Article | April 2, 2020

Walmart has long been the number one retailer across all of the United States, but with the age of online shopping coming into full swing, Amazon has slowly been creeping up on the brick-and-mortar giant and, according to Forbes, is set to surpass Walmart in sales in the next few years. The two stores offer similar services an all around shopping experience that has everything from food to clothes to beauty products to household items to consumers in totally different ways. There are a number of things to consider before you decide which of these retail mega stores you want to make your next purchase from, and it goes beyond just a preference for shopping online vs. in-person. How easy the products are to get, the number of product options, and, most importantly, the price point, are all definitely important to take note of. So let’s dive in!

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Spotlight

CDN Software Solutions

CDN Solutions Group a leading App development company, started off as a team of four in the year 2000, by two passionate entrepreneurs, Mr. Surajit Mitra and Mr. Chetan Naik, who had this irresistible dream of building an organization that would embrace everything from soup to nuts of the IT services Industry. CDN Solutions Group Achievements:

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