Retailers can now use real-time data to infer incredibly sophisticated insights into what current and potential customers will respond to and expect. It requires one key fuel though: data about past customer behaviour at an individual level.
Charge based on availability, location, competition, customer value and type. Always the right price to make a sale.
Recommend new products based on neuronal networks. Act like the big onliners but with your local strength.
Plan staff according to accurate future sales predictions.
Predict sales and return rates to avoid negative ROI products.