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May 2023 Recap: Organized Crime, Generative AI & Customer Service, Tipping Tick-Offs, and Not-So-Gucci TikToks

May 2023 Recap: Organized Crime, Generative AI & Customer Service, Tipping Tick-Offs, and Not-So-Gucci TikToks

FromThe RetailWire Podcast


May 2023 Recap: Organized Crime, Generative AI & Customer Service, Tipping Tick-Offs, and Not-So-Gucci TikToks

FromThe RetailWire Podcast

ratings:
Length:
54 minutes
Released:
Jun 8, 2023
Format:
Podcast episode

Description

Welcome to The RetailWire Podcast, where we dive into the fascinating world of the retail industry! In this episode, our host Brian Crum introduces our esteemed guests and members of the BRAINTRUST by RetailWire: DeAnn Campbell, Phil Chang, and Carol Spieckerman. After some friendly banter about their weekend plans, they give us a sneak peek into the exciting topics we'll be exploring in upcoming episodes.The discussion begins with an exploration of organized crime in the retail world. The panel debates whether a new approach is needed to combat this issue, with differing perspectives on punishing perpetrators versus focusing on cutting off demand in online marketplaces. They highlight the need for legislation to catch up with the evolving reality of retail crime trends and the challenges posed by different jurisdictions and laws.Moving on, the conversation shifts to the role of AI in customer service. Opinions vary on how AI can enhance human interactions while addressing concerns about potential job displacement. They also discuss the benefits and risks of AI in email marketing campaigns, including the generation of convincing fake phone calls for scams.The episode takes an interesting turn as the panel delves into the topic of tipping. They explore the impact of the COVID-19 pandemic on tipping percentages and the sustainability of excessive tipping practices. The speakers also discuss the importance of leaving a positive last impression on customers.Finally, the debate around firing store associates for their social media posts wraps up the episode, referencing a recent incident involving Gucci. The conversation then focuses on the significance of setting brand standards for employees on social media. The panel emphasizes the value of educating and training employees while promoting positive behavior rather than imposing blanket bans. They explore how high-profile firings can affect a company's reputation and stress the importance of understanding associates' experiences to improve overall performance.-----Read the Discussions We Talked About:Does Retail Need a New Approach to Fight Organized Crime?Will Generative AI Improve Customers’ Experiences Interacting With Retailers?Will Self-Checkout Tip Prompts Prompt a Tip Backlash?Should Store Associates be Fired for Posting on Social Media?-----Connect with Brian Crum: https://www.linkedin.com/in/briancrum/Connect with DeAnn Campbell: https://www.linkedin.com/in/deanncampbell/Connect with Phil Chang: RetailWire is the retail industry's premier source for news, analysis, and discussion. With a focus on the latest trends, technology, and consumer behavior, RetailWire provides a platform for industry experts and thought leaders to share their insights and perspectives. Whether you're a retailer, supplier, or service provider, RetailWire is your go-to destination for staying informed and ahead of the curve.Be sure to leave us a comment and let us know what you think. You might even hear your comment read on the next episode!To learn more, or to join our Daily Discussions, visit RetailWire.com.
Released:
Jun 8, 2023
Format:
Podcast episode

Titles in the series (39)

Welcome to The RetailWire Podcast, the show that gives you the latest insights and analysis from the world of B2B retail, straight from some of the industry's top thought leaders.Each episode, we'll explore the latest news, trends, and challenges facing retailers and suppliers alike.Whether you're a retailer looking to stay ahead of the curve, or a supplier trying to navigate the ever-changing retail landscape, we’ve got you covered.So turn up, sit back, and join us on another great episode.This is The RetailWire Podcast.