AI Revolution for Retail: Simplifying Pricing and Promotion | EP 183
Release Date: 07/09/2024
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info_outlineJoin us on Cloud and Clear, SADA's cloud transformation podcast. This episode features leaders from Revionics and Google Cloud discussing the transformative impact of AI in retail. Discover how AI enhances customer experience, optimizes pricing, and drives operational excellence. Learn about the role of Google Cloud in powering these advancements and get insights into the future of AI in retail.
Take advantage of this insightful conversation. Like, share, and subscribe for more!
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Host: Joyce Mueller | Director of Retail Solutions at SADA
Guest: Matthew Pavich | Senior Director of Strategy and Innovation at Revionics
Guest: Paul Tepfenhart | Global Director of Retail Consumer Strategy and Solutions at Google Cloud
To learn more about our impact, visit our website here: SADA.com
Chapters
00:00 - Introduction and discussion on the speed of pricing and promotions
02:10 - Paul Tepfenhart talks about the adoption of AI in retail
03:30 - Paul Tepfenhart predicts increased adoption of AI in various areas of retail
05:00 - Matthew Pavich discusses the use of AI for sustainability initiatives in retail
06:30 - Encouragement to explore AI in retail
08:00 - Misconceptions about price optimization and AI in retail
10:30 - The importance of using the right tools and technology in retail
11:00 - Matthew Pavich: Misconceptions about price optimization
12:30 - Paul Tepfenhart: Pricing optimization for businesses of all sizes
14:00 - Joyce Mueller: AI leveling the playing field for retailers
15:30 - Paul Tepfenhart: Predictions for pricing optimization in the next 12-18 months
17:00 - Matthew Pavich: Rapid growth in electronic shelf labels and online retail
18:30 - Matthew Pavich: Solving harder challenges in pricing and personalization
19:30 - Paul Tepfenhart on the benefits of pricing optimization for businesses of all sizes
21:00 - Paul Tepfenhart on predictions for pricing optimization in the next 12 to 18 months
22:19: Joyce Mueller Closing Remarks