Leading The AI Revolution In Retail
Images Retail|November 2024
As a leader in AI-driven retail intelligence, Sadique Ahmed, CEO, Pathfinder, understands the power of technology when it comes to improving and personalising the shopping experience for all.
Sadique Ahmed
Leading The AI Revolution In Retail

Having recently launched RetailGPT, the Generative AI platform bridging digital and physical retail, Pathfinder is setting a new industry benchmark in understanding consumer behaviour.

Here, Ahmed talks to IMAGES Retail about how RetailGPT came to fruition, what's next and his broader vision for the future of retail.

Could you share the story behind the RetailGPT platform?

RetailGPT is an idea that has been evolving for over a decade. Back in 2009, Pathfinder began working on revenue assurance solutions, helping shopping centres and airports capture sales data. But we noticed that simply knowing sales numbers wasn't enough - retailers needed to understand who their customers were. This resulted in the idea of a customer-centric data platform.

Fast forward to today, and RetailGPT is bridging that gap by using Generative AI to provide a personalised shopping experience that makes retailers more responsive and interactive.

In a way, RetailGPT is designed to bring retailers closer to their customers?

Exactly. With RetailGPT, we're not just looking at numbers on a spreadsheet; we're diving into what drives each customer. Our platform leverages our 20+ years of experience in retail data to go beyond surface-level sales data and understand consumer behaviour. This allows retailers to learn a lot more about their customers than ever before; about 45% of their customer base, compared to the typical 10-15%. This deeper insight enables retailers to personalise their engagement, making interactions more meaningful and rewarding for the customer.

How RetailGPT works and what does it offers retailers?

هذه القصة مأخوذة من طبعة November 2024 من Images Retail.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 2024 من Images Retail.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من IMAGES RETAIL مشاهدة الكل
Leading The AI Revolution In Retail
Images Retail

Leading The AI Revolution In Retail

As a leader in AI-driven retail intelligence, Sadique Ahmed, CEO, Pathfinder, understands the power of technology when it comes to improving and personalising the shopping experience for all.

time-read
4 mins  |
November 2024
Flipkart Deployed Over 10,000 Electric Vehicles in the Delivery Fleet
Images Retail

Flipkart Deployed Over 10,000 Electric Vehicles in the Delivery Fleet

E-commerce major Flipkart on Monday said it has deployed over 10,000 electric vehicles (EVs) in its delivery fleet as part of a phased integration of EVs in the last mile delivery over the past few years.

time-read
1 min  |
November 2024
Trent Q2 Profit Grows 47% to 335 Cr
Images Retail

Trent Q2 Profit Grows 47% to 335 Cr

Tata Group retail firm Trent Ltd. reported a 46.9% growth in its consolidated net profit to ₹335.06 crore for the second quarter ended September 2024.

time-read
1 min  |
November 2024
Zomato, Swiggy Hike Platform Fee in Certain Cities Amid Festive Season
Images Retail

Zomato, Swiggy Hike Platform Fee in Certain Cities Amid Festive Season

Online food delivery platforms Zomato and Swiggy hiked platform fees in certain cities amid the festive season. The two rivals are now charging ₹10 as a platform fee in the national capital.

time-read
1 min  |
November 2024
The Evolution of Retail in North India
Images Retail

The Evolution of Retail in North India

Emerging Hotspots, the Rise of Malls, and the Impact of the Residential Property Boom on the Region’s Retail Landscape

time-read
6 mins  |
November 2024
Madan Retail: Fashion for Today's Man
Images Retail

Madan Retail: Fashion for Today's Man

With a rich legacy and a keen eye on future trends, the brand continues to innovate and expand, meeting the evolving needs of its customers

time-read
2 mins  |
November 2024
Special Events in Malls
Images Retail

Special Events in Malls

Giant Peacock, Lotus, and Swan: Orion Malls' Festive Spectacle

time-read
5 mins  |
November 2024
Building a Retail Legacy on Efficiency
Images Retail

Building a Retail Legacy on Efficiency

Founded by Hemant Agarwal and Rahul Jhunjhunwala, V-Bazaar began operations in May 2016, opening its first store in Lakhisarai, Bihar.

time-read
2 mins  |
November 2024
From Urban Trends to Rural Aisles
Images Retail

From Urban Trends to Rural Aisles

V-Mart, a pioneer in the value retail segment, was founded by Lalit Agarwal in 2003—well before value retail became a widely recognized term.

time-read
1 min  |
November 2024
Defining Elegance
Images Retail

Defining Elegance

Dennison has carved a niche in the menswear market with a diverse range of formal and semi-formal pieces priced between ₹999 and ₹3,999.

time-read
1 min  |
November 2024