New Feature: Visits Trend Analysis
What is the Visits Trend analytic? The Visits Trend analytic is an updated version of the Footfall Trend analytic. It is available from the Explore section. The Visits Trend analytic helps users understand how visits to a neighborhood, industry or chain are changing over time. Users can see the % increase or decrease in visits […]
C-Level Coke and Nike execs back NY and London-based AI firm bringing predictive analytics to brick-and-mortar retail
Nike’s former Chief Operating Officer Eric Sprunk and Coca-Cola’s former Chief Growth Officer Francisco Crespo have announced that they are joining the board of New York and London-based Olvin, a start-up aiming to help revive brick-and-mortar retail using AI-powered predictive insight and analytics. Olvin crunches over 100bn data points each day to give business owners […]
What is Consumer Buying Behavior?
Consumer behavior is complex, and there is much for retailers to understand about both their existing customers, and their potential new customers. The information that can be gained by studying consumer behavior can be incredibly beneficial in helping businesses to decide on activity to encourage customers to engage with them, to make purchase decisions faster, […]
Why Most Shoppers Still Prefer Brick-and-Mortar Over eCommerce
With the rise of the eCommerce industry and the increasing popularity of eCommerce giants like Amazon, eBay, and Walmart, there has been much discussion about whether offline retail can continue to survive. With the arrival of the COVID-19 pandemic, which has forced many bricks and mortar stores to close – either temporarily or permanently – […]
11 Retail Marketing Strategies to Help Gain New Customers & Retain Existing Ones
Although there had been a significant shift in consumer buying behavior before the COVID-19 global pandemic, coronavirus has undoubtedly sped up the process of change for retailers. It is likely that customers will always want to visit a brick-and-mortar location to make purchases. Still, they want to interact with businesses in different ways today, including […]
What is Retail Analytics + How Can Your Business Implement It?
What is retail analytics? Retail analytics is the process by which we can use analytical tools to enable us to analyze business patterns, performance levels and business trends, with a focus upon the retail industry. By sourcing the relevant data and managing it effectively a business can gain great insight into their customers and improve […]
What is Consumer Buying Behavior?
Consumer behavior is complex, and there is much for retailers to understand about both their existing customers, and their potential new customers. The information that can be gained by studying consumer behavior can be incredibly beneficial in helping businesses to decide on activity to encourage customers to engage with them, to make purchase decisions faster, […]
What Is Consumer Behavior? Complete Guide + Examples
What is consumer behavior? We all know the phrase ‘consumer ‘behavior, but what is it? It can be split into two simple parts – the consumers are the individuals and organizations involved in the purchasing and use of a company’s products or services. The behavior is how they perceive and interact with these products or services. This may be […]
What Is A Network? Network Theory – Part 1
To celebrate the launch of Almanac’s new networks feature, we will be taking a deep dive into what a network is and how we use networks in the Almanac platform. Over the next few weeks, I (one of Olvin’s resident data scientists) will talk you through all you need to know about networks and […]
Web Summit 2020: 5 Key Take-Aways
Last week was the Web Summit 2020 hosted live from an empty Lisbon; just like all other conferences, Europe’s largest tech summit was no different in the sense that it was fully virtual save for a few presenters and hosts dotted around the host city for content. Yet, despite the lack of pastel de nata […]
New Feature: Visits Trend Analysis
What is the Visits Trend analytic? The Visits Trend analytic is an updated version of the Footfall Trend analytic. It is available from the Explore section. The Visits Trend analytic helps users understand how visits to a neighborhood, industry or chain are changing over time. Users can see the % increase or decrease in visits […]
C-Level Coke and Nike execs back NY and London-based AI firm bringing predictive analytics to brick-and-mortar retail
Nike’s former Chief Operating Officer Eric Sprunk and Coca-Cola’s former Chief Growth Officer Francisco Crespo have announced that they are joining the board of New York and London-based Olvin, a start-up aiming to help revive brick-and-mortar retail using AI-powered predictive insight and analytics. Olvin crunches over 100bn data points each day to give business owners […]
Almanac Wins Best AI & ML Product At The Product Hunt 2020 Golden Kitty Awards
Almanac has been voted as the best AI & Machine Learning product of 2020 in Product Hunt’s Golden Kitty Awards by helping retailers predict consumer behavior and adapt to the challenging environment surrounding the global pandemic. The Golden Kitty awards are one of the most prestigious awards in tech and consider over 100,000 votes from […]
Olvin Reaches Final Of Lloyds National Business Awards
London based predictive AI startup, Olvin reaches the finals of the prestigious Lloyds bank national business awards. London based predictive AI startup, Olvin has been shortlisted for The Artificial Intelligence Business Award at the prestigious 2020 Lloyds Bank National Business Awards. Previous winners include fitness sensation Joe Wicks, Timpson CEO James Timpson OBE, DPD UK, […]
C-Level Coke and Nike execs back NY and London-based AI firm bringing predictive analytics to brick-and-mortar retail
Nike’s former Chief Operating Officer Eric Sprunk and Coca-Cola’s former Chief Growth Officer Francisco Crespo have announced that they are joining the board of New York and London-based Olvin, a start-up aiming to help revive brick-and-mortar retail using AI-powered predictive insight and analytics. Olvin crunches over 100bn data points each day to give business owners […]
Almanac Wins Best AI & ML Product At The Product Hunt 2020 Golden Kitty Awards
Almanac has been voted as the best AI & Machine Learning product of 2020 in Product Hunt’s Golden Kitty Awards by helping retailers predict consumer behavior and adapt to the challenging environment surrounding the global pandemic. The Golden Kitty awards are one of the most prestigious awards in tech and consider over 100,000 votes from […]
What is Consumer Buying Behavior?
Consumer behavior is complex, and there is much for retailers to understand about both their existing customers, and their potential new customers. The information that can be gained by studying consumer behavior can be incredibly beneficial in helping businesses to decide on activity to encourage customers to engage with them, to make purchase decisions faster, […]
Why Most Shoppers Still Prefer Brick-and-Mortar Over eCommerce
With the rise of the eCommerce industry and the increasing popularity of eCommerce giants like Amazon, eBay, and Walmart, there has been much discussion about whether offline retail can continue to survive. With the arrival of the COVID-19 pandemic, which has forced many bricks and mortar stores to close – either temporarily or permanently – […]
11 Retail Marketing Strategies to Help Gain New Customers & Retain Existing Ones
Although there had been a significant shift in consumer buying behavior before the COVID-19 global pandemic, coronavirus has undoubtedly sped up the process of change for retailers. It is likely that customers will always want to visit a brick-and-mortar location to make purchases. Still, they want to interact with businesses in different ways today, including […]
Retail Statistics, Trends, and Forecasts For 2021
2020 was an incredibly challenging year for everybody – few people who could claim that it wasn’t. For those involved in retail, both in-store and online, it was a whole other. The effects of the global pandemic meant that countries internationally endured national shutdowns and workforce shortages due to the need for self-isolation. The US […]