Digital Twins
Sauce & Condiment Sales Heat Up as New Tech Helps Out
Young Millennials and Gen Z consumers have fueled a boom in hot sauce trends and condiment sales. This surge is pushing leading brands and retailers to elevate their game with smarter virtual product innovation and assortment optimization. The condiment and hot sauce industry is thriving in 2024, driven by evolving consumer tastes and the growing…
Read MoreCandy, Bar, and Snack Industry use VR to Keep Up with Consumers
Discover the snack trends of 2024 that are pushing the snack bar market and candy industry to innovate and evolve using cutting-edge technology. The Convenience Store News 2024 Industry Deep Dive revealed numerous snack food industry trends, highlighting a shift toward healthier snacking options and a growing preference for savory flavors. As various snack categories…
Read MoreIce Cream Category Leverages VR Innovation for Sales Growth
Learn about new virtual reality retail planning and research solutions aimed to assist ice cream industry growth amid recent sales decline. The ice cream industry has faced a noticeable decline in unit sales since the pandemic, as reported by Kroger’s retail data science company 84.51˚. Their ice cream industry analysis showcased inflation driving a modest…
Read More3D and VR Software Enhancing Retail Assortment Planning
As inflation challenges persist, brands and retailers are leveraging virtual reality technology for cost-effective merchandise assortment planning that helps reduce planning overhead and improve store level compliance that drives conversion. In the ever-evolving retail landscape, staying ahead of trends in product categories and consumer behaviors is critical for success. As we navigate through 2024, retailers…
Read MoreHow VR is Revolutionizing Packaging Design and Research
Virtual reality offers an innovative packaging design solution for the food and CPG industry. Virtual Reality (VR) is changing packaging design and research by offering unique capabilities to innovate, iterate, and optimize. Traditionally, packaging design involved labor-intensive processes such as creating physical mock-ups and conducting extensive testing. This consumes time and materials. Designers may need…
Read MoreTop CPG Trends to watch in 2024
With 2024 well underway, several impactful shifts are poised to shape the consumer packaged goods (CPG) industry. From the intriguing influence of weight-loss medications on consumer spending behaviors to the digital transformation initiatives reshaping the CPG landscape, each trend brings forth unique challenges and opportunities. The dynamism within the CPG sector fuels innovation, reshaping the…
Read MoreWhat is Extended Reality (XR): Definition, Solutions, and Examples
From trying on quirky Snapchat filters to placing virtual furniture in your home or diving into immersive VR worlds, you’ve probably experienced snippets of Extended Reality (XR). But XR isn’t just about fun; it’s a transformative technology reshaping our world. In this exploration, we’ll uncover XR and how it’s more than just entertaining experiences. Let’s…
Read MoreWhat is the Best Planogram Software: 2D vs. 3D
Looking for the right planogram software for your retail business? We compare 2D vs 3D retail planogram software, exploring the pros and cons of each option. Discover which type of software best fits your retail needs and achieve visual merchandising success. What is a planogram? A planogram, also known as a plano or a plan-o-gram,…
Read MoreTop Retail Technology Trends at NRF 2023
This year’s NRF big show showcased numerous retail tech solution companies with the latest developments in digital twins, customer insights, artificial intelligence and virtual reality. We recently went to the largest retail industry event in New York City to discover retail trends for 2023. All of the top retail technology companies were in one place…
Read MoreWhat is Digital Twin Technology and How it helps Retail 2023
Digital twins in the retail industry are virtual replica stores that can help retailers reduce costs, improve efficiency, and increase productivity. The term digital twin has entered the vocabulary of retail industry experts and leaders. But what does it mean? We will explore the definition, use cases, examples, softwares and common questions associated with digital…
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