Retailers say ‘omnichannel’ but promotions systems say otherwise
Retailers promise a seamless shopping experience across stores, online and mobile. But disconnected promotions systems often tell a different story….
Read moreI is quickly becoming a go-to tool for shoppers looking for the best deals. According to an XCCommerce survey, more than 70% of shoppers are exploring AI tools to find better offers, with roughly one-third already actively using them.
But there’s a challenge for retailers. Outdated promotions, inconsistent pricing and disconnected systems can cause AI tools to recommend incorrect offers, resulting in lost sales and frustrated customers.
With 60% of consumers saying they’ll abandon a retailer over inconsistent pricing across channels, accurate, centralized promotions data is more important than ever.
As AI-powered shopping accelerates, retailers must ensure their promotions are accurate, accessible and easy for AI to interpret.
Read the full article to learn how retailers can prepare their promotions for the AI shopping era.
AI-powered shopping tools are helping consumers discover products, compare prices and identify the best available promotions. According to an XCCommerce survey, more than 70% of shoppers are exploring AI tools to find better deals, with approximately one-third actively using them.
AI shopping assistants rely on accessible, accurate and consistent promotions data to identify and recommend relevant offers. Outdated coupons, conflicting discounts and disconnected promotions systems can lead to incorrect recommendations, failed redemptions and lost sales.
Retailers can prepare for AI-powered shopping by centralizing promotions data, implementing consistent discount rules across channels and ensuring offers are accessible and understandable to AI systems. A unified promotions engine helps maintain accuracy across online, mobile and in-store shopping experiences.
Yes. Research cited by XCCommerce indicates that 60% of consumers say they will abandon a retailer after encountering inconsistent pricing across channels. Accurate pricing and reliable promotion redemption are essential to maintaining customer trust and loyalty.
An AI-ready retail promotions engine is a centralized platform that manages offers, coupons, discounts and redemption rules across shopping channels while making promotion information accessible to AI-powered discovery tools. Solutions like XCCommerce help retailers deliver consistent, personalized promotions across the customer journey.