Discover how AI can pinpoint the 33 out of 400 stores that could drive over 15% additional incremental sales increase. Dive into the future of store cluster design. #RetailStrategy #HIVERYCurate #AIinRetail

Can you find individual stores that are worth going to store-specific assortments? AI can

We all know that the right assortment in the right space and in the right stores can drive the most value. Locally relevant planograms, while in theory, it may sound great; in practice, it can be very time-consuming, and complicated to achieve. This is where AI comes in.

Join Dirk Herdes, VP of Retail, and Jackie Wightman, Sales Director from HIVERY in this CMA | SIMA 45 min hosted webinar to explore how AI is being used to rapidly (minutes not months) determine what is the most efficient cluster count while considering your category goals, merchandising constraints, and impact of demand transference.  Fundamentally changing the way consumer packaged goods (CPG) companies and retailers collaborate with regard to assortment and space decisions.

You will learn real practical examples:

How AI is used to help build next-generation clusters using a bottoms-up approach

How AI is used to quantify the economic opportunity (in volume and revenue) of any cluster count desired

How AI ciphers new shopper profiles at the store level

Finally, you will learn where the real power of AI comes in:  The ability to take all the above analyses and rapidly iterate with different strategy simulations

Podcast: Leveraging AI Towards Locally Relevant Shelves

Discover the secret behind #HIVERY's retail revolution: turning store-level data into actionable insights that complement traditional shopper & customer data sources.

HIVERY's AI uncovers latent shopper insights & gains industry recognition

AI is shaping the future of #Retail, enabling businesses of all sizes to leverage data for improved decision-making. From #DemandForecasting to #ProductPlacement, innovative companies like #HIVERY are pioneering this transformation, taking cues from AI expert Andrew Ng's vision. #AIinRetail #DataDrivenDecisions

Ng's Vision: AI's Potential to Empower Every Business: From Pizzerias to T-Shirt Stores

Discover new growth strategies for your retail business by validating shopper assumptions. Our AI-powered assistant can confirm your shopper insights hunch without any bias. #AI #RetailStrategy #CategoryManagement

How to validate shopper assumptions & find new growth strategies for your retailer

The grocery industry is evolving, pushing retailers to adapt their strategies. Assortment optimization, analyzing and adjusting product offerings, is crucial for attracting customers, reducing costs, and increasing sales. Machine learning enables businesses to analyze customer preferences, automate decision-making, and provide better customer care. AI-powered software like HIVERY helps retailers refine their assortment strategies and boost sales by offering valuable insights and real-time optimization.

Discover how utilizing machine learning for assortment optimization can increase profits

Explore how #AI and store-level data transform the retail landscape amidst shrinking square footage. Discover how tools like #HIVERYCurate can help retailers optimize merchandise placement, drive category growth, and navigate the challenges of the changing retail environment. #RetailInnovation #AIinRetail

Harnessing AI to Optimize Retail Space Amidst Shrinking Square Footage

This episode explores how making educated guesses about shopper preferences can spur innovative retail strategies. We discuss an experiment that tested these assumptions and resulted in significant revenue growth, demonstrating the potential for intuitive insights to drive retail innovations.

Test Shopper Insight Hunches & Introduce Innovative Strategies To Your Retailer

We believe, the retail industry is being transformed by innovative hyper-local retail solutions that have been receiving praise from industry leaders.

HIVERY Recognized in 2023 Gartner® Market Guide for Intelligent Virtual Store Design Applications report.

Legacy decisions no longer cut it! Market challenges demand a strategic rethink of #RevenueGrowthManagement in #CPG companies. Discover how @McKinsey insights and @HIVERY's #AI capabilities can revolutionize your growth strategy. #MarketChallenges #StrategyRethink

Confronting Market Challenges: Why Consumer Packaged Goods Companies Must Reimagine Revenue Growth Management Strategies

Whitepapers

At HIVERY, we love sharing our knowledge with our readers. View our range of reports.

At HIVERY, we love sharing our knowledge with our readers. View our range of reports on assortment strategy and category planning

Whitepapers offered by HIVERY

Want to understand your customers' behavior and make informed decisions about your product assortment? Check out HIVERY's Demand Transfer Model! This cutting-edge technology uses data analysis techniques and machine learning algorithms to identify shopper behavior patterns and comparable group products into categories based on their competition for sales. Learn how to optimize your sales strategy and unlock the secrets of latent shoppers with HIVERY's Demand Transfer Model.

Unlocking the Secrets of Latent Shoppers: HIVERY's Demand Transfer Model Explained

At HIVERY, we love sharing our knowledge with our readers.

Resources

At Hivery, we love sharing our knowledge with our readers.

Whitepapers

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