Retail 2.0: AI-Driven Consumer Behavior and the Future of Shopping. -Umesh Sripad

Don't miss out on this episode of Retail Corner, where Umesh Sripad, Chief Product Officer at PureRED, reveals priceless insights into how the integration of AI and cutting-edge technologies is reshaping consumer behavior, paving the way for a bright and promising future in the retail industry. You will listen to our host talking with Umesh on the following points: Would you mind shedding some light on your professional background and the valuable experiences you've had while collaborating with renowned companies such as IKEA? How have you observed consumer behavior change in the retail industry in recent years? In your opinion, what key factors drive the changing consumer behavior in the retail industry? How do you see technology, particularly AI, playing a role in this shift? Could you share any successful strategies or initiatives that retailers have implemented to adapt to changing consumer behavior? How has technology, such as AI, been utilized in these strategies? How do you envision the future of retail with the continued integration of AI and other advanced technologies? What are some potential opportunities and challenges that retailers might face? - How do you think the role of physical stores will evolve with the rise of AI and e-commerce? Can you share any examples of retailers successfully leveraging AI-powered chatbots or virtual assistants to enhance customer service and engagement? About our guest, Umesh Sripad: Umesh Sripad is a C-level executive, high-energy agile leader, dynamic business strategist, and growth driver with a passion for digital technologies, product innovation, data & insights, and creating compelling consumer brand experiences. He is passionate about leading and shaping teams and individuals to achieve personal and commercial success to surpass business ambitions. He has pioneered multiple successes in transforming business models across various industries – Retail, e-commerce, Media, Advertising tech, and Consumer tech. Linkedin: https://www.linkedin.com/in/umeshsripad/ Website: https://www.umeshsripad.com/ | https://www.purered.net/ About Retail Corner Podcast: Host: Carlos Diaz Producer: Sachin Kumar Bhate Podcast Sponsor: Proxima360 Listen to other podcasts at: https://proxima360.com/retail-corner.podcast or https://retailcorner.live Subscribe our Podcast: Apple iTunes: https://apple.co/3eoeUdT Spotify: https://spoti.fi/3dvjpDJ Google Podcast: https://bit.ly/3DFHXHw Amazon Music: https://amzn.to/3tkbhk1 Interested in being on our podcast? Submit request at: [email protected]