How is Big Data Transforming the Landscape of Retail Technology?

Key takeaways:
• Retail Shake is leveraging big data to help retailers optimize pricing, product display and inventory management.
• The startup provides automated competitive intelligence to retailers, with information updated daily.
• Retail Shake’s future possibilities are vast as it continues to shape the retail technology industry with its innovative solutions.

Big data has increasingly become a critical part of numerous industries including retail technology. Recognising the potential of big data in transforming retail practices, Retail Shake, a France-based startup, is leveraging this data to optimise the retail industry. The company operates in the sphere of big data, image recognition, price comparison, and retail technology, providing a comprehensive range of services for businesses.

Founded by Irwan Djoehana, Retail Shake has taken strides to redefine retail technology through its innovative utilisation of big data. The tool is dedicated to providing competitive intelligence to retailers, automating price monitoring, product benchmarking, tracking promotions, geolocating stock, amongst other features. The tool also aids in enhancing brand equity and optimising brand image, very essential for businesses in the current, rapidly changing retail climate.

What sets Retail Shake apart is its unique capability of completely automating competitive intelligence in an easy-to-understand and actionable format. The tool updates its information daily, providing reliable and up-to-date insights to the retailers, allowing them to stay ahead of their competition. Furthermore, Retail Shake also offers features that allow brands and retailers to monitor their and their competitors’ various attributes such as customer reviews, pricing, stock, and merchandising.

In addition, the startup also emphasizes the importance of human relationships and customer interaction in the retail industry. Through its services, Retail Shake also aims to foster better relationships between stores, purchasing departments, and suppliers. This ensures that the customer’s experience is at the forefront of every decision, further strengthening the retailers’ relationships with their customers.

As Retail Shake continues to transform the retail technology landscape with its innovative solutions, its potential for growth and impact is immense. With its robust technological capabilities and unique business model, Retail Shake is set to reshape the way retailers do business and interact with their customers. The advent of big data technology in retail will lead to more streamlined operations, better stock management, more effective merchandising, and ultimately, satisfied customers.

The future of Retail Shake is promising. The start-up is poised to pave the way for more innovation in the retail industry, spearheading the shift towards more data-driven retail practices. The company’s future advancements will surely reflect in not only their services but also in the entire retail technology industry.

Learn more about Retail Shake at www.retailshake.com. You can also connect with Retail Shake on Twitter, Linkedin.