AI Revolution for Retail: Simplifying Pricing and Promotion | EP 183

Cloud and Clear

Join us on Cloud and Clear, SADA's cloud transformation podcast. This episode features leaders from Revionics and Google Cloud discussing the transformative impact of AI in retail. Discover how AI enhances customer experience, optimizes pricing, and drives operational excellence. Learn about the role of Google Cloud in powering these advancements and get insights into the future of AI in retail.

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Host: Joyce Mueller | Director of Retail Solutions at SADA

Guest: Matthew Pavich | Senior Director of Strategy and Innovation at Revionics

Guest: Paul Tepfenhart | Global Director of Retail Consumer Strategy and Solutions at Google Cloud

To learn more about our impact, visit our website here: SADA.com

Chapters

00:00 - Introduction and discussion on the speed of pricing and promotions

02:10 - Paul Tepfenhart talks about the adoption of AI in retail

03:30 - Paul Tepfenhart predicts increased adoption of AI in various areas of retail

05:00 - Matthew Pavich discusses the use of AI for sustainability initiatives in retail

06:30 - Encouragement to explore AI in retail

08:00 - Misconceptions about price optimization and AI in retail

10:30 - The importance of using the right tools and technology in retail

11:00 - Matthew Pavich: Misconceptions about price optimization

12:30 - Paul Tepfenhart: Pricing optimization for businesses of all sizes

14:00 - Joyce Mueller: AI leveling the playing field for retailers

15:30 - Paul Tepfenhart: Predictions for pricing optimization in the next 12-18 months

17:00 - Matthew Pavich: Rapid growth in electronic shelf labels and online retail

18:30 - Matthew Pavich: Solving harder challenges in pricing and personalization

19:30 - Paul Tepfenhart on the benefits of pricing optimization for businesses of all sizes

21:00 - Paul Tepfenhart on predictions for pricing optimization in the next 12 to 18 months

22:19: Joyce Mueller Closing Remarks