6 Retail Tech Trends That Go Beyond Competing Against Amazon

DSN STAFF | January 21, 2019

article image
According to a recent article by Forbes, technology to compete against a disruptive Amazon will continue to be central to the retail play of 2019.However, it isn’t the only thing driving what will makes retailers’ tech shopping list. While you can expect to see more holographic 3D images at malls and stores to wow you, the following six trends from last week’s National Retail Federation’s annual “Retail’s Big Show” will have a more lasting impact.More cloud-connected machines, part of the IoT (Internet of things) buzz, are coming to stores.As Starbucks baristas gave out free samples at a makeshift coffee station inside a Microsoft booth, screens behind them displayed data like how many cups the machines had brewed. This arrangement was no coincidence: Starbucks has teamed up with Microsoft to connect its coffee and other machines to the cloud via Microsoft’s Azure Sphere IoT system.Why is this initiative relevant? When Starbucks introduces a drink recipe, it would now be able to remotely update all its connected devices, a faster alternative to manually delivering a USB drive that’s inserted into the machine hardware before a barista can make that new espresso drink, for instance, a Microsoft spokesperson said at the booth. Starbucks also can instantly track and aggregate sales and other data and see what’s popular with consumers when and where.

Spotlight

Oxigen

Oxigen’s focus is to grow its footprint, to serve the last mile by providing Aadhaar enabled branchless banking services, cashless micro payments services and remittances, in a ‘real time’ environment, is India's Largest Payments Solutions Provider.

OTHER ARTICLES

How retailers can be ready for busy sales seasons with proactive maintenance

Article | February 25, 2020

In the retail industry, holiday shopping accounts for about 20 percent of annual sales. In the final few weeks of the year, it’s easy for retailers to feel overwhelmed with not only an influx of shoppers but the added pressure of needing to tie up loose ends before January 1st. These weeks can make or break the year and creating a positive customer experience that’s memorable is essential for continued success. For this reason, retailers need to strive for 100 percent Brand Uptime in order to meet customer expectations, maximize sales and revenue, and deliver a positive customer experience. The preparation must have an omnichannel focus. It starts with digital realms such as ensuring your website can handle the influx of visitors in the weeks leading up to the new year as well as the months following. But for most retailers, the key factor will be how well they prepare brick-and-mortar stores for increased inventory and foot traffic.

Read More

Google Enjoy Retail store Will take Down Controversial Infowars App

Article | March 29, 2020

The controversial Infowars app, an outlet of infamous conspiracy theorist Alex Jones, has been taken down from the Google Play Keep for spreading misinformation about COVID-19, the illness caused by the new coronavirus. Google confirmed to WIRED that it taken out the application, which had more than 100,000 downloads. The app sold numerous products, contained films and content from Jones, and offered dwell broadcasts of The Alex Jones Display. The Infowars application was eradicated subsequent a online video that was posted to it previous 7 days, in which Jones questioned initiatives in slowing the spread of the coronavirus, which includes social distancing and self-quarantines.

Read More

Can AI give retail a boost?

Article | February 13, 2020

The retail industry has undergone multiple transformations during the past century, with those who adapt and innovate continuing to survive. It also helps if one is exceptionally unique. It seems that the world's consumers have gotten a little tired from having to explore multiple shopping locations to find what they want or need. But the opportunity for companies to display their branding and sway customers to buy more than they need was once considered a ground breaking idea. In the United States (US), before 1916, customers would pass their grocery list to a clerk, who would then put items together for shoppers in one bag. That all changed when Piggly Wiggly opened over 100 years ago – allowing customers to instead browse the store and collect the items by themselves in a basket.

Read More

Diversify Your 3PL Warehouse for Ecommerce

Article | April 16, 2020

In today’s changing landscape for third-party logistics warehouses, the ability to evolve is more important than ever. One of the best ways to meet this challenge is to shift from traditional B2B fulfillment to ecommerce workflows. With more than 2 billion digital buyers worldwide, and the total global retail ecommerce sales estimated to reach $4.13 trillion this year, warehouses looking to adapt will be able to continue to help their customers meet the growing demands of online buyers. In this webinar, you will learn the best practices used by 3PLs looking to make the move to ecommerce or how to enhance their ecommerce operations.

Read More

Spotlight

Oxigen

Oxigen’s focus is to grow its footprint, to serve the last mile by providing Aadhaar enabled branchless banking services, cashless micro payments services and remittances, in a ‘real time’ environment, is India's Largest Payments Solutions Provider.

Events