Cyber security is a hot-button issue today. From allegations of election hacking to consumer credit card data being swiped from the nation’s largest retailers, one thing is certain: you can never be too secure with your handling of data. According to estimates by Juniper Research, cybercrime will costs businesses over $2 trillion by 2019.
As of January 22, 2017, the United States Postal Service (USPS) has implemented rate changes for mailing and shipping, which includes the first increase in the price of Forever stamps since January 2014. If you rely on these services to send coupons or get goods to customers, you should consider how the increased mailing and shipping costs will impact your prices and your bottom line.
In the past few months, we have had the wonderful opportunity to work with Data3Sixty, a technology company that focuses on active data governance. As we have been making the rounds at similar conferences, groups, and other events in the beautiful Boston area, it seemed obvious to continue the conversation and really understand how we can work together. We identified the opportunity to collaborate from a technology perspective and to capitalize on the mutual momentum in the marketplace around data quality and data governance.
As we work to help our clients unlock the power of their data, Experian Data Quality is also committed to helping empower the next generation of data users. In that spirit, we launched a scholarship contest this year that prompts rising college seniors to show us how they use data in their daily lives. To enter, the students had to submit a one- to two-minute video and a short essay describing the importance of data quality. They had four months to prepare and submit their entries, with the promise of a $5,000 scholarship for the winning participant.
Now that the busy holiday season is winding down and we’ve turned the calendar, retailers are refocusing their attention to driving sales in 2017. Retailers are always keen to hear what their peers and competitors were doing to improve customer experiences and drive sales. Here are five things those in the retail industry should keep top of mind in 2017.