How is technology driving Retail Sector ?

Retail Sector

Lucknow: Technology has indeed been a major driver of the retail boom in recent years. Here are some key ways technology has impacted retail: E-commerce: The rise of e-commerce platforms has transformed the retail landscape, allowing businesses to reach global markets and consumers to shop conveniently from anywhere. Data Analytics: Retailers now use data analytics to understand consumer behavior, optimize pricing, personalize marketing efforts, and manage inventory more effectively. Artificial Intelligence: AI-powered chatbots and virtual assistants enhance customer service by providing instant responses and personalized recommendations. Internet of Things (IoT):…

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