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6 Ways Retail Technology Can Supercharge Your Sales

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6 Ways Retail Technology Can Supercharge Your Sales

The challenges presented by the COVID 19 pandemic forced most retailers to readjust their businesses. 2020 saw many retail stores closed across the globe. The main question was what to do next to protect business sustainability.

However, even before the pandemic, most retailers were experiencing less traffic. According to statistics, retail stores were predicted to experience 25% less foot traffic every year. This encouraged retailers to take advantage of the retail technology tools available to them.

These technology tools ensure that shoppers get their items without visiting the physical store. Unfortunately, most retailers don’t know how to use retail technology to drive their sales. Below are ways that retail technology can supercharge your sales:

  1. Using Digital Technology to Understand Consumer Behavior

Before the pandemic, most people preferred online shopping. In 2019, the number of online shoppers had risen to 1.92 billion. This number accounted for 14.1% of all retail purchases worldwide.

With the onset of the pandemic, most countries enforced lockdowns. This led to more consumers turning to online shopping.

Experts have predicted that the changes in consumer behavior will continue as the number of online shoppers keeps increasing. While the adoption of technology in retail stores is not new, retailers need to look for new ways to offer customers an interactive browsing experience when making their purchases online.

Make sure you use technology to understand your customer’s trends and behaviors. This will help you better engage and maintain your customers.

Remember to also invest in retail technology to understand the customer experience better. You should not view digitization as a threat to physical stores. That’s because it’s a compliment to your sales strategy.

  1. Use Retail Technology to Shape the Way Consumers Shop

Most online sales strategies offer clients a more independent shopping approach. However, your digital shoppers still need some help and support. This is especially true for people buying high-ticket and complex goods, such as furniture, jewelry, and electronics.

While chatbot technology has been in existence for a while now, most retailers don’t fully utilize its benefits. As a retail store owner, ensure you use the chatbot function to optimize your customers’ experience with your online brand.

You can also use other retail tech tools, such as augmented reality (AR) and video, to connect with your customers online. These tools are especially valuable when customers are considering high-value purchases online. To do this, you can use Ascentic Retail Engineering to help spark interest, increase engagements and boost sales.

One example of a high-value item is a couple shopping for an engagement ring. A ring is an item of significant sentimental value, and it’s also quite expensive. Such a couple could greatly benefit from AR shopping, where they can easily shop for the right ring from the comfort of their home.

  1. Embrace the Rise of the Dark Store

While the dark store is not exactly a technological advancement, they combine the physical shopping experience with the convenience of shopping online. This helps retailers to optimize the customer experience.

A dark store is a physical hub that can be accommodated in a large warehouse or storefronts, where the retailers are often on the scene showcasing their products. Embracing retail technology to foster innovation will reduce the risk of collapse.

One such innovation is using a live video feed to showcase your products to the customers who are shopping online. This is a safe and effective way to connect with the shoppers while still marketing your products. Dark stores give consumers the confidence they need when making high-value purchases.

This also gives your customers the level of personalization they require, which is only offered in physical stores. On top of the high satisfaction rate, you can also reap other benefits from dark stores. One such service is using the store as a fulfillment center to allow for quicker shipping of products.

  1. Take Advantage of Social Media

In 2020, platforms such as Facebook and Instagram accelerated the use of social media for online shopping. This led to a more significant shift in online shopping. Retailers took advantage of these platforms to advertise their products and allow users to purchase directly from their pages instead of going to their websites.

Ensure you take advantage of virtual shelves to run sales, advertise your products, and link ads. Today, Facebook and Instagram are helping retailers market and sell their products online. This has shifted the attention from traditional marketing methods, such as TV and radio adverts.

  1. Using Data and Analytics to Make More Informed Decision

Data and analytics are more useful today than ever. Collecting data from the supply chain, customers, and online sales will help you better understand your business. You will also be in a better position to know what works and what doesn’t.

Ensure you use data analytics to analyze customers and market trends and predict user behavior. You can measure the volume of customers purchasing your products and the back-end operation of the website. This will help you prioritize the digitization of your analytics and know where to improve to attract more sales.

  1. Using Social and Environmental Awareness

Today’s consumer cares more about environmental sustainability. This puts immeasurable pressure on the retailers to shift to eco-consciousness. To avoid being accused of consumerism, manufacturers have taken the initiative to avoid using materials such as leather and fur. Instead of using plastic as a packaging material, most companies have adopted biodegradable packaging.

Sourcing locally available materials is another way of reducing logistic emissions. Using technology can help reduce the environmental footprint. You can do this by:

  • Using digitized receipts instead of printed paper ones
  • Adopting innovative and sensor-based solutions for water and energy consumption
  • Reverse vending machines
  • Using conscious consumption technology

The best retail technology will allow your business to adopt eco-friendly processes. Ensure you also use this angle as a marketing tool, too.

Have You Adopted the Right Retail Technology?

Today, most businesses are faced with one condition, evolve or die. This has seen more and more enterprises adopting retail technology to develop their companies. Unfortunately, consumer behavior is constantly changing, and the market is ever-evolving.

Using retail technology can help you oversee complicated manufacturing procedures. It can also help you make an informed decision.

Did you like this article? Check out other posts on our site for more informative tips.

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Unlock the Future: Master Artificial Intelligence with Great Learning’s Comprehensive AI Course

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Master Artificial Intelligence with Great Learning’s Comprehensive AI Course

It is vital that workers learn these skills as AI, generative AI and machine learning continue to advance.

The rise of artificial-intelligence-based technologies (AI) is unquestionable today, as is their potential to disrupt various types of work, including language processing, pattern recognition, problem solving, and even decisions.

ChatGPT, for example, represents a completely new field of technology. This includes generative AI, a subset artificial intelligence that is focused on creating original music, images, and text by learning from previous examples. Generative AI, instead of copying or recognising predefined patterns based upon rules, uses complex algorithms based often on neural networks to create original content.

These developments have been made possible by the huge advances in machine learning, a branch of AI which involves teaching computers how to learn using data. Data collection, model-training, learning from data, examining model output, and adjusting parameters are all part of this process. The development of neural networks, a type of computational training model inspired by the brain, has been made possible through machine learning. These models are built from interconnected virtual “neurons” that are organized into “layers” to process data. This system allows a model to be taught how to balance different parameters in order to recognise patterns and learn them, as well as make predictions and complete tasks. Deep learning is another name for this subset of machine-learning.

Deep learning focuses on training artificial neural networks with multiple layers to represent complex data. The term ‘deep’ refers to the depth of the neural network, meaning the many layers of inputs or outputs. This system has been highly successful in solving tasks like image recognition (recognising images/faces/patterns), natural language processing (ChatGPT-like models which can understand and generate human-like responses, most often used to power chatbots) and speech recognition (used for voice assistants or transcribing speech to text) among others.

It is important that we start to learn about these new technologies, given the potential disruption AI will bring to our world. Many people think that you have to be a software or computer engineer to grasp these concepts. However, anyone can do so regardless of their educational background.

Here are four online certificate programmes that can be accessed for free by leading industry players like Microsoft, Google and Infosys. They can all be accessed for free online

GUVI AI for India 2.0 program

The Government of India launched AI for India 2.0 – a free online course that focuses on AI. Skill India has developed the course in collaboration with GUVI. The program has also been accredited by IIT Madras and the National Council for Vocational Education and Training.

This is a virtual one-day event for the development of tech skills in collaboration with the Ministry of Skill Development & Entrepreneurship. It will be held on 15th August. As part of their preparation, participants will have free access to LEVI’s premium course from July 15th.

GUVI is a personalized learning company founded by IIT Madras, IIM Ahmedabad. It offers online learning and upskilling opportunities for learners. GUVI offers these courses in a variety of regional languages.

Infosys AI certification courses

Infosys launched a free AI Certification Training Program to help users develop new skills. The Infosys Springboard platform offers a free AI course.

The platform offers several other certifications courses on AI-related topics. These courses are designed to be introductory and cover AI, generative AI and deep learning. The platform offers master classes in AI and generative AI.

Infosys Springboard, a virtual learning platform, offers curriculum-rich experiences. Candidates can access corporate-grade training online, from any device. The platform is a part of Infosys CSR commitment, which aims to empower 10,000,000+ people with digital skills by 2025. It caters to all learners, from class 6 up to lifelong learners.

Microsoft’s course on generative AI

Microsoft has created a new AI skills programme to assist people in learning this subject. This initiative is part Microsoft’s Skills for Jobs program, which includes free coursework created with LinkedIn.

The new course teaches AI frameworks, introductory concepts and provides a certificate of completion. Microsoft believes AI will disrupt the workplace and that this course helps people to improve their AI skills..

Google Cloud AI courses

AI and machine-learning careers are in high demand at the moment. This is especially true when it comes to Google Cloud. The potential applications of generative AI are vast, including in the fields of information technology and branding. Machine learning is a powerful tool that can be used to help workers understand data, create models, and create interactive functions. These skills will become essential in the future for data scientists, machine learning engineers, and data engineers.

Great Learning’s Digital Marketing Course

Great Learning offers an in-depth AI course designed for both beginners and professionals who seek to master artificial intelligence. This course covers essential AI concepts like machine learning, deep learning and natural language processing as well as more advanced topics like computer vision and AI ethics. Taught by industry professionals, this course features video lectures, hands-on projects, and real-world case studies to hone practical skills. Convenient and flexible to fit into busy schedules, it is accessible even for working professionals. One can also enroll in a power bi course to complement this course. Participants who successfully complete this course earn an AI certification that can significantly advance their careers – along with additional career support and networking opportunities – offering a complete pathway towards AI success.

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5 ways that PopAI helps impress your boss?

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5 ways that PopAI helps impress your boss?

Impressing your boss with your work is a difficult task to do. You may be a hard or smart worker, but a boss can find flaws in you. Yes, it can be stressful sometimes because you give 100% to the work.

Especially in presentation tasks, your boss may need more creativity.

But I have a solution for you! You don’t need to spend hours making large presentations.

Interesting?

You can do this with the help of PopAI, And I will explain in detail how PopAI helps impress your boss and excel in your workspace. Here are 5 ways that PopAI can set you apart from others.

1. Increase in efficiency and productivity

One of the primary benefits of using this AI is that it increases the efficiency and productivity of employees. With the help of this tool, employees work faster with great results. It allows you more time to focus on strategic decisions and creativity, rather than doing repetitive tasks.

It can handle appointment scheduling, generate reports, and e-mail filtering. With this facility, your creativity and time on the strategic part will be noticed by your boss and he will be impressed by your enhancement in productivity.

2. Data-Driven decision making

AI tool is best at transforming complex data into meaningful data that is easy to understand in the form of graphics, charts, etc. Problems can be identified very fast through insights, whereas it is quite difficult to achieve this through manual analysis. So just imagine, providing data-driven analysis to your boss and giving solutions to the same will do wonders for your reputation in front of your boss.

3. Improved customer service

It facilitates improving customer service. With AI-driven chatbots, it can help you provide prompt and reliable responses to customers. These tools can operate 24/7, which means it is available after business hours. With this approach, customer satisfaction will be increased and following this business will also get a good name in the market.

4. Helps in making business presentations

Time is limited, but work in the company sometimes gives stress to the employees, especially when the boss gives a task of making a presentation at short notice. It will be more difficult when you are not good at colour combination and creating graphics.

So here It comes into the picture, with its Ai for presentation tool, you can make as many presentations as you want in minutes. You just have to enter a topic, select the audience tone, and select the pages and language. With its AI-driven tool, it will suggest colour combinations, and layouts and make your presentation engaging through wonderful visuals in the form of charts and graphs.

5. Collaboration and communication

This AI tool has a wonderful feature that organizes tasks, sets deadlines, and monitors progress. It becomes very handy during office meetings, when you can communicate with your team, that this particular project needs data. With this, the performance can also be tracked and what needs to be done.

Effective communication leads to better results and it can give you value in the company and helps you in gaining skills related to leadership and team player skills. There is a high possibility that with this effective approach, you will achieve positive results for your company.

Conclusion

Having PopAi is like an asset not only does it contribute to individual growth but also it gives wings to the overall success of the company. It possesses a multi-tasking feature that not only fastens the work but also gives you more creative options in using this wonderful tool.

So as a professional, if you want to win the competition, then you need to adopt this kind of tool which increases your productivity as well as improves your leadership skills.

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BLDC Motor Controller Design Principles

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BLDC Motor Controller Design Principles

BLDC (Brushless DC) motors are widely used in various applications, from consumer electronics and appliances to automotive and industrial systems. To control the speed and direction of BLDC motors, specialized motor controllers are required. At Integra Sources, we specialize in designing custom BLDC motor controllers that meet the unique requirements of our clients’ applications.

What Is a BLDC Motor Controller?

A BLDC motor controller is an electronic device that controls the speed, direction, and torque of a BLDC motor. It consists of a microcontroller or digital signal processor (DSP) that generates the control signals for the motor’s power electronics, including the power transistors or MOSFETs. The BLDC motor controller also includes feedback sensors, such as Hall effect sensors or encoders, to provide feedback on the motor’s speed and position.

Key Design Principles of BLDC Motor Controllers

  1. Sensorless vs. Sensored Control: BLDC motor controllers can be classified into two main types: sensorless and sensored control. Sensorless control relies on the back electromotive force (EMF) of the motor to determine its speed and position, while sensored control uses external sensors, such as Hall effect sensors or encoders, to provide feedback. The choice between sensorless and sensored control depends on factors such as cost, complexity, and performance requirements.
  2. Commutation Techniques: BLDC motors require electronic commutation to control the timing of the motor’s winding currents. There are several commutation techniques used in BLDC motor controllers, including trapezoidal (six-step) commutation and sinusoidal (vector) commutation. Trapezoidal commutation is simpler and more cost-effective but may result in lower efficiency and torque ripple. Sinusoidal commutation provides smoother and more efficient motor operation but requires more complex control algorithms and hardware.
  3. Control Algorithms: The control algorithm used in a BLDC motor controller determines how the motor’s speed and torque are regulated. Common control algorithms include open-loop control, closed-loop speed control, and closed-loop position control. Open-loop control provides basic speed regulation but does not account for variations in load or motor parameters. Closed-loop control algorithms use feedback from sensors to adjust the motor’s speed and position in real time, providing precise control over the motor’s operation.
  4. PWM (Pulse-Width Modulation) Techniques: PWM is used to control the average voltage applied to the motor windings, thereby controlling bldc motors. There are several PWM techniques used in BLDC motor controllers, including six-step commutation PWM, sinusoidal PWM, and space vector modulation (SVM). These techniques vary in complexity and efficiency, with space vector modulation offering the highest level of control and efficiency.
  5. Overcurrent and Overtemperature Protection: BLDC motor controllers must include protection features to prevent damage to the motor and controller in the event of faults or overloads. Overcurrent protection limits the motor’s current to prevent overheating and damage to the motor windings. Overtemperature protection monitors the temperature of the motor and controller and reduces the motor’s power if it exceeds a safe threshold.

Integra Sources’ BLDC Motor Controller Design Services

At Integra Sources, we offer comprehensive BLDC motor controller design services to help businesses create custom motor control solutions for their applications. Our services include:

  1. Requirements Analysis: We work closely with our clients to understand their specific requirements and develop a detailed specification for the BLDC motor controller.
  2. Hardware Design: Our experienced hardware engineers design the circuitry and PCB layout for the BLDC motor controller, ensuring optimal performance and reliability.
  3. Firmware Development: Our software engineers develop the control algorithms and firmware for the BLDC motor controller, including PWM control, commutation algorithms, and protection features.
  4. Testing and Validation: We provide rigorous testing and validation services to ensure that the BLDC motor controller meets our clients’ performance and reliability requirements.
  5. Certification Support: We assist our clients with obtaining the necessary certifications for their BLDC motor controller, including CE, UL, and RoHS compliance.

Conclusion

BLDC motor controllers play a critical role in controlling the speed, direction, and torque of BLDC motors in a wide range of applications. At Integra Sources, we specialize in designing custom BLDC motor controllers that meet the unique requirements of our clients’ applications. Contact us today to learn more about our BLDC motor controller design services and how we can help you bring your motor control project to life.

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