Retail

Retail

Retail

Optimization of inventory replenishment in retail stores. AI-driven virtual try-ons to enhance shopping with realistic virtual models.
Optimized customer experience through targeted product recommendations. Sentiment analysis on reviews, ratings for informed decision-making.

Trends

30%

of global retailers will use AI to increase inventory visibility, reduce out-of-stock scenarios, and improve profitability by 2025

30%

cost reductions due to AI-powered supply chain optimization

75%

inventory reductions by AI powered route optimization, warehouse management, and supplier selection

2-5%

increase in retailer margins due to AI-enabled dynamically adjusted prices based on real-time demand, competitor pricing, and other factors

Use Cases

Demand Forecasting

Leverage AI to predict inventory needs across locations and time periods based on customer demand signals, ensuring product availability.

Personalized Recommendations

Use customer data to build AI systems that suggest relevant products to each shopper, increasing engagement and sales.

Conversational Commerce

Implement conversational agents to provide quick customer support, product information, and personalized interactions. Inventory Optimization: Employ AI to forecast demand fluctuations and optimize inventory levels, reducing costs.

Fraud Prevention

Build AI models to detect fraudulent transactions in real-time, minimizing losses.

Targeted Marketing

Apply AI to segment customers and deliver tailored promotions via preferred channels, improving campaign ROI.

Product Placement Optimization

Leverage computer vision and sensors to track customer in-store behavior including product interactions, shopping paths, and dwelling times.
Analyze this data using AI algorithms to gain insight into customer preferences for product categories, brands, shelf placement etc.
Continuously optimize planograms and product layouts within the store to match observed consumer preferences. Place products with higher affinity together to increase cross-selling potential.
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Our Benefits

Increased Revenue
Personalized experiences drive higher conversion rates and customer lifetime value.

Operational Efficiency
Optimized demand forecasting and inventory management reduce waste and stockouts.

Customer Loyaltyg
Relevant recommendations and excellent service improve satisfaction and retention.

Risk Reduction
AI-enabled fraud prevention minimizes financial losses.

Strategic Insights
Customer and market intelligence inform planning and investments

Our Methodology

PLAN

DEVELOP

IMPLEMENT

TRAIN USERS

PROBLEM STATEMENT

MANAGE

CONSULT

Transform Your Retail Business with AI

Artificial Intelligence (AI) is transforming the retail sector, providing small and medium-sized Businesses (SMBs) with powerful tools to compete with larger competitors.

From increasing revenue to streamlining operations, AI delivers measurable advantages.

Key statistics and practical use cases to demonstrate how AI can transform your retail business

80%

boost in SME efficiency via AI-led automation in inventory & supply chain

30%

higher conversions & 15% bigger orders with AI-powered personalisation

32%

CAGR - AI in retail to hit $164.74B by 2030

AI Impact in Action

Key statistics and practical use cases to demonstrate how AI can transform your retail business

How can we help?​

AI analyses sales, trends, events, and weather to forecast demand with 85–90% accuracy, reducing stockouts, extra inventory, and carrying costs for SMEs.

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AI uses big data – social trends, competitors, and economic cues – to forecast demand, helping businesses cut waste and maintain stock, boosting satisfaction and loyalty.
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AI uses customer data to tailor shopping and marketing, increasing engagement, loyalty, and affordable growth for SMEs.
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AI optimizes routes using traffic, weather, and priorities, helping SMEs cut delivery time and fuel costs, ensuring timely parcels and lower operational expenses.
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AI evaluates competitor prices, demand, and margins to set dynamic pricing, helping SMEs boost profits by 10–12% while staying competitive and adaptable.
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AI analyses buying patterns to tailor product mixes by location or segment, helping SMEs boost sales and reduce markdowns through smarter, localized inventory decisions.
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Ready to Transform Your Retail Business with AI?

Get in touch today to discover how Avkalan’s AI solutions can help your retail business reduce costs, increase sales, and exceed customer expectations.