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RapidPricer B.V. Artificial Intelligence in Retail Marketing Presentation at the Platform Innovatie in Marketing May 14, 2019 By: Kiran Gange, CEO @ RapidPricer B.V.

Presentation at PIM 13May2019 [Alleen-lezen]... · w ] ] v p w } u } ] } v Á ] z /,qwhuqdo 'dwd 6rxufhv,qyhqwru\ ,qirupdwlrq 6shfwudo ,pdjh &dphudv)rrw 7udiilf 6hqvruv 7udiilf 'hprjudsklfv

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Page 1: Presentation at PIM 13May2019 [Alleen-lezen]... · w ] ] v p w } u } ] } v Á ] z /,qwhuqdo 'dwd 6rxufhv,qyhqwru\ ,qirupdwlrq 6shfwudo ,pdjh &dphudv)rrw 7udiilf 6hqvruv 7udiilf 'hprjudsklfv

RapidPricer B.V.

Artificial Intelligence in Retail Marketing

Presentation at the Platform Innovatie in MarketingMay 14, 2019

By: Kiran Gange, CEO @ RapidPricer B.V.

Page 2: Presentation at PIM 13May2019 [Alleen-lezen]... · w ] ] v p w } u } ] } v Á ] z /,qwhuqdo 'dwd 6rxufhv,qyhqwru\ ,qirupdwlrq 6shfwudo ,pdjh &dphudv)rrw 7udiilf 6hqvruv 7udiilf 'hprjudsklfv

What is Artificial Intelligence?

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Artificial Intelligence Vs Natural Intelligence (1)Example: Hiring Decision

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Artificial Intelligence Vs Natural Intelligence (2)Example: Hiring Decision

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Artificial Intelligence Vs Natural Intelligence (3)Example: Pricing Decision

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Artificial Intelligence Vs Natural Intelligence (4)Example: Pricing Decision w Feedback

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New Ingredients / New Techniques

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New Ingredients/ Data SourcesExample: Retail Environment

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New AI techniquesExample: Retail Environment

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Retail Pricing and Promotions w AI

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Pricing & Promotions with AIInternal Data Sources

Inventory Information

Spectral/ Image Cameras

Foot Traffic Sensors

Traffic Demographics

POS Data

Customer Loyalty Data

Internal Retail Stores Data

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Pricing & Promotions with AI+External Data Sources

Inventory Information

Spectral/ Image Cameras

Foot Traffic Sensors

Traffic Demographics

POS Data

Customer Loyalty Data

Live Weather Data Competitive Prices

Internal Retail Stores Data

Market Trends/ Share

External Market Data

Page 13: Presentation at PIM 13May2019 [Alleen-lezen]... · w ] ] v p w } u } ] } v Á ] z /,qwhuqdo 'dwd 6rxufhv,qyhqwru\ ,qirupdwlrq 6shfwudo ,pdjh &dphudv)rrw 7udiilf 6hqvruv 7udiilf 'hprjudsklfv

Pricing & Promotions with AI+ Real Time Actions

Inventory Information

Spectral/ Image Cameras

Foot Traffic Sensors

Traffic Demographics

POS Data

Customer Loyalty Data

Live Weather Data Competitive Prices

Internal Retail Stores Data

Market Trends/ Share

External Market Data

Live Data RP EngineInventory

Based Pricing

RapidPricer Pricing System

Competition Based Pricing

Demographics Based Pricing

Automatic Promotions

Base Price

Page 14: Presentation at PIM 13May2019 [Alleen-lezen]... · w ] ] v p w } u } ] } v Á ] z /,qwhuqdo 'dwd 6rxufhv,qyhqwru\ ,qirupdwlrq 6shfwudo ,pdjh &dphudv)rrw 7udiilf 6hqvruv 7udiilf 'hprjudsklfv

Other Retail Use Cases

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AI Use Cases in Retail: Facial Recognition

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AI Use Cases: Text Recognition

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AI Use Cases in Retail: Shrinkage/ Theft Detection

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AI Use Cases: Image Recognition

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AI Use Cases in Retail: Smart Mirrors

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AI Use Cases in Retail: Shelf Management

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AI Use Cases: E-Commerce

Image SearchContent

Customer LoyaltyPrice

PromotionSearch

Competitive PricingAd Tracking

Merchandizing

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AI Use Cases in Retail: Automated Checkouts

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AI Use Cases in Retail: Fraud Detection

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AI for your next project.

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What would you do?

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Thank You24

Kiran GangeM: +31 6 20 02 36 86

[email protected]