At the heart of any business, especially in retail, is creating exceptional customer experiences. After all, consumers base their relationships with retailers off their impressions. Looking for answers or support? Let’s talk.
In 1999, Kevin Ashton coined the term Internet of Things after witnessing inventory, logistics, and supply chain management challenges in retail. Since then, millions of global enterprises have adopted IoT and are uncovering its tremendous economic impact.
However, while most retailers see value in IoT solutions, these enterprises are largely unsure of how this technology specifically benefits business. When asked about industry adoption and the key issue being solved by IoT, greater inventory accuracy was the leading response — but only 24 percent of organizations agreed this was the case.
Are you capitalising on IoT opportunities in your business? Is 2020 your year?
It’s that time again when we take a look through all of the best new retail tech developments out there. From adopting new ways to design products to new ways to gain customer feedback, to AR, AI and robots, this isn’t some unrealistic vision of retail’s future. This is the future happening now, so make sure you don’t miss a thing.
Read more: http://www.insider-trends.com/8-top-new-retail-tech-developments/#ixzz6BYwlTghE
- How is your business dealing with digital transformation?
- Have you started the journey yet?
If you’re considering your next move or not sure where to start, call us and take advantage of our initial FREE 2 hour consultation. You might pick up some new ideas.
Contact Beyond Retail at firstname.lastname@example.org or +61 3 8538 1220
Thinking about adding a little innovation to your retail strategy? Find some inspiration in the round-up of the best worldwide retail initiatives.
It’s not easy for retailers to keep up with the pace of marketing innovation. One challenge is their inability to keep up with the changing ways people want to shop for products and connect with brands. http://bit.ly/BR2yjG6aA