In the rapidly evolving landscape of fashion retail, the intersection of data and artificial intelligence is creating unprecedented opportunities. As we navigate 2024, let’s explore how cutting-edge AI technologies are transforming the way fashion retailers operate, while acknowledging the critical challenges posed by unstructured data in this domain.
The AI Revolution in Apparel Retail: Navigating the Challenges of Unstructured Data for Unparalleled Growth
What is Product Data Enrichment for Apparel Retailers?
Product data enrichment or attribution for fashion and apparel retailers is the process of enhancing and expanding the information associated with clothing and accessory items to describe the item in the language of the customer and to show exactly what they are purchasing. Done well, product enrichment will improve the efficiency of marketing budgets, improve the digital shopping experience, and deliver more accurate demand forecasting.
How to "Reduce the Google Tax"
How to Reduce the “Google Tax”: Fixing fashion retailers’ product enrichment data to drive down customer acquisition costs.
Rethinking Personalization: Transforming Retail in the 21st Century?
We ended up having a profound discussion about the evolving landscape of personalization and its critical role in shaping the future of retail. Most retailers today have too narrow a view of the use and potential of personalization: they think of personalization in terms of segments, widgets on a site, and possibly some AB testing.
Increased 2022 Return Rates: Will We See The Same In 2023?
Returns are always a hot topic in January with the rush post-Christmas and they come with no surprise as an expensive cost.
Unlocking the Power of Personalization [PODCAST]
Personalization is the tool for staying ahead of the competition. Especially in a time when customers have less disposable income - knowing what they want, when they want it is key to increasing revenues and reducing returns.
Right Data. Right Direction.
Apparel retailers are facing another period of uncertainty so protecting profits will be critical. Fixing the quality and depth of data at the top of the funnel will deliver outsized impacts on the profitability for retailers.
Fashion Returns: A Headache for Retailers and the Environment
After 2 years of lockdowns and disruptions, UK fashion retail is beginning to steady. We expect the size of the UK fashion market in 2022 to be just about back to 2019 levels but retailers need to account for a big hit to their apparel return rates looming on the horizon.
Garment Return Rates Spike to Above Pre-Pandemic Levels
But, the good news is we can see what’s coming.
A Rise in Sustainable Clothing Choices
Some interesting findings from our data analysts.
The Athleisure Trend is Here to Stay
Some interesting findings from our data analysts.
The Rise and Rise of Online
Some interesting findings from our data analysts.
Customers don’t want a flat journey that shows the same products in the same order to everyone. They want an inspirational, personalized experience that is completely relevant to them. How do retailers deliver a valuable, emotional online experience?
Optimizing Your Email Revenue
Customer Lifetime Value (LTV) and Personalization, two words that get used a lot by the modern-day marketeer.
The Truth Behind Reduced Return Rates
It’s no secret that COVID-19 has accelerated the shift to digital commerce within fashion retail. Over the last 12 months, UK womenswear retailers have seen their online revenues increase by an average of 18%.
Delivering Unique In-Store Experiences
Why fashion-specific customer experiences can drive profitability and loyalty in-store.
How To Make Your Data Work Harder To Reduce Garment Return Rates
Sarah McVittie, Co-Founder of Dressipi recently participated in a panel on returns at Tech.Retail Week. In this post, she shares her highlights.