In a world where data is king, one startup is radically transforming the retail scene. Lille-based company Retail Shake is making waves in the industries of Big Data, Image Recognition, Price Comparison, and Retail Technology. Offering a 360° tool for price monitoring, product comparison, tracking promotions, geolocation of stock, and sector-specific business intelligence, Retail Shake is empowering retail businesses to optimise their every operation. And the best part? The tool gathers and presents all necessary information daily and automatically.
Entailing everything from stock optimisation and marketing strategy enhancement to thorough competitive intelligence, Retail Shake is indeed shaking up the way retail businesses operate. The tool’s remarkable capabilities do not stop at monitoring one’s own brand. In fact, it can also track competitors’ prices, product reviews, merchandising strategies, and even their stock locations, providing an enhanced, multi-angled purview of both the local and global retail landscape.
- Key Takeaways:
- Retail Shake is revolutionising retail through advanced price comparison and Big Data techniques.
- The 360° tool helps businesses optimise their stock, pricing, and marketing strategy.
- It offers daily automated monitoring of your brand and your competitors’ brands, enhancing visibility in the market.
- Human relationships and true understanding of customers’ needs are key to the retail industry’s future, a belief Retail Shake stands by.
What sets Retail Shake apart from other startups is its steadfast conviction in the enduring relevance of retail stores. Despite the rise of e-commerce, they believe that physical stores will always hold a strategic position in the customer journey. Human interaction, personalised advice, and the tactile advantages offered by physical stores cannot be emulated online. Furthermore, Retail Shake’s commitment to sharing best merchandising practices with their community- which includes other stores, purchasing departments, and even suppliers- enhances cooperation and learning within the industry.
The innovative aspect of Retail Shake also lies in its advanced geolocation feature. Retail Shake’s technology allows businesses to track their products and stock down to the specific location. This means businesses can monitor the quantity of products in each store on a dynamic map and receive daily alerts regarding both sold-out and surplus items.
Looking towards the future, Retail Shake is well-positioned to continue leading the big data revolution in retail. Their all-inclusive, automated approach to stock and price monitoring, product comparison, and competitive intelligence provides retail businesses with a necessary edge in an increasingly competitive industry. As they continue to evolve and adapt to the market’s needs, Retail Shake is set to redefine the retail industry’s paradigm.
Follow their journey and take advantage of their innovative platform by exploring their website and social media here, Twitter, LinkedIn. Retail Shake, much like the products they track, is one to watch.
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