1%
Increased efficiency in work process with the robust implementation of AI retail solution
1%
More proactive approach to security with the application of AI video analytics
1%
Improved ROI with complete retail AI video analysis & solution
Retail Video Analytics: Optimizing Intelligence for maximizing customer engagement
Video analytics meant for retail is an advanced technology that processes video in real time and transforms it into intelligent data. Modern retailers comprehend the value of analyzing in-store video surveillance. Retail video analytics enables businesses to leverage your video surveillance content to unveil quantifiable data for improved understanding of consumer behavior.
Retail AI video analytics system performs well with existing IP systems eradicating the requirement for additional systems. The software integrates with recent camera systems for analyzing raw footage & improving business operations. Video intelligence can identify operational gaps thereby resulting in optimized workflow efficiency. AI technology can optimize store performance, boost security, and improve efficiency within an industry infrastructure.
Key Features of Retail Analytics System
Demographic analytics
Comprehend the age & gender of your audience utilizing statistical analysis that will assist in shaping marketing strategies with effective AI technology.
Unique visitor count
Acquire qualitative analysis of retail stores comprising the number of visitors on hourly or monthly basis. Time to drive traffic through targeted marketing efforts.
Occupancy visualization
AI technology helps to identify the occupancy of retail stores to embellish staff productivity & customer experience. Retail analytics have made it easier to detect the hotspots in real time.
Queue management
To get a higher ROI minimize customer’s queue times by staff allocation in stores. Retail analytics software helps in optimizing queues for quicker billing.
Object detection
Potential object detection enables retailers to have a complete view of automated object monitoring with deep learning. It can track any unknown object within a store.
Customer behavior analysis
Retailers can keep track of the time length a person spends looking at a product or store section at a display. It can give an idea of the customer behavior & product preferences.
How Visionfacts AI can make a difference
Maximize retail store performance with actionable insights
Enhance customer experiences
One of the powerful ways AI can enhance customer experiences is with personalized recommendations. It analyzes customer data & delivers results accordingly.
Better inventory engagement
AI can detect & maintain stocks thereby streamlining the overall inventory management process. It assists retailers to stay updated with stocks.
Why choose Visionfacts retail analytics software?
Explore retail analytics to enable improved store operations integrating analytics into your existing business infrastructure.
Personalized shopping experiences
As customers are driven to personalized experiences, AI can make the physical shopping experience feel connected to online convenience, leading to increased conversion & amplified traffic flow.
Streamlined marketing
With retail analytics software, it has become easier to understand trends, analyze repeat & new customers. It enables retailers to improve marketing programs by effective decision-making strategies.
Effective loss prevention
Retails mainly run on stock loss prevention. With Visionfacts, retailers can analyze in-store activity like (POS) & keep a cynical eye on your sales and revenue distribution for avoiding any kind of pilferage.
Obtain critical insights
Artificial intelligence technology is empowered to generate actionable insights leveraging video data that are acquired from CCTV or security cameras. Retail stores can highly facilitate the data.
Real time footfall tracking
With real time monitoring of store footfall, retailers can have a full track of the footfall data. It can analyze the peak times of the day, week or month. It shows the exact number of visitors in your store.
Heatmaps monitoring
Heatmaps tracking leverages video data & analyzes the most visited section within a retail store. AI detection algorithms can track people movement’s & generate data insights accordingly. It facilitates retailers in optimizing store performance.
