Top emerging technologies transforming the retail experience

| April 16, 2020

article image
Due to the latest technology innovations to hit the market, today's retail environment is changing at an unprecedented rate. From robots that can identify shoppers' purchasing habits to immersive virtual reality experiences and the increased popularity in BOPUS, the shopping experience has dramatically evolved in recent years. Consider this: if the average shopper were to hop into a DeLorean time machine, travel back in time to the early 1990s and shop for a sweater; they wouldn't be able to shop online or through a mobile app. Instead, they'd be forced to drive from store to store, aimlessly perusing through aisles and asking sales associates to check store inventory stock via a paper ledger. That shopper would quickly realize just how big of a difference technology makes in the shopping experience.

Spotlight

Headrush India

Headrush was formed in 2008, and gradually went on to become one of India's most well known adventure sports brands - with adventure parks, projects and events conducted across India.

OTHER ARTICLES

How Retailers Can Utilize In-Store Digital Signage

Article | February 10, 2020

Consumer attention is shifting. Brick-and-mortar stores must now compete with e-retailers as customers spend more time online, thanks to targeted ads and personalized deals. As noted by Digital eCommerce, online sales rose almost 18 percent last year to $3.46 trillion worldwide and are on track to top $892 billion across the U.S. in less than two years. This shift has alerted most brands to the need for a retail evolution to ensure ongoing success. With e-commerce sales still accounting for just under 10 percent of retail revenues, businesses have an opportunity to boost sales and raise their brand profile — if they can reliably capture consumer interest. One solution: effective and engaging digital signage. Retailers Can Capture Crucial In-Store Moments To capture attention and drive conversion, businesses must capitalize on what Google calls micro-moments, when customers leverage their mobile devices to discover more information, find a price or pinpoint a vendor online.

Read More

Is It Too Early To Buy Retail Stocks?

Article | February 10, 2020

The coronavirus outbreak has been particularly lethal for the retail sector. The industry has been dealing with a variety of problems from store shutdowns to declines in tourism to a drop in demand for products considered non-essential. The SPDR S&P Retail ETF has fallen 25% this month, compared with a 14% decline for the S&P 500 Index. Before answering that question, we should take a look at the status of the current pandemic and its impact on the economy. Cases of COVID-19, the illness caused by the new coronavirus, have reached more than 600,000 worldwide. The U.S. now has the largest number of confirmed cases in the world, surpassing China and Italy. On a seasonally-adjusted basis, U.S. jobless claims surged to more than 3 million for the week ending March 21 a new record due to disruption from the outbreak, according to the U.S. Department of Labor.

Read More

Narzo 10 spotted in retail store, price segment revealed

Article | February 10, 2020

Mistakes take place – this Realme Narzo 10, as an example, was not meant to be on the racks of a retail store for an additional week or two. But it is and also somebody also ran an AnTuTu standard on it forever procedure. This is the RMX2040, which introduced as the Realme 6i previously today in Myanmar – it appears that we’re taking a look at a situation of regional rebranding. The Narzo 10 specifications that Realme has actually formally revealed had actually currently stimulated reports that the Narzo 10 will certainly be a rebranded 6i while the Narzo 10 A will certainly be based upon the Realme C3 (three-way video camera. So, the MediaTek Helio G80 chipset need to come as not a surprise and also neither must its efficiency. The rates is fascinating, though.

Read More

Plunge in digital ad prices opens spending opportunity for start-ups in gaming, e-commerce and online education

Article | February 10, 2020

The coronavirus epidemic has so ravaged travel, live entertainment and physical retail that companies across those industries have frozen their marketing, causing ad prices to plunge. Meanwhile, online beauty brand Insert Name Here is generating so much business that it’s snapping up ad space at a discount. Based in Los Angeles, Insert Name Here sells hair extensions and wigs, which are in high demand now that women are unable to visit their hairstylists. To reach all those consumers who are stuck at home, Insert Name Here is working with social media influencers to create do-it-yourself styling videos for Instagram as well as Facebook, Tik Tok, Snapchat and YouTube.

Read More

Spotlight

Headrush India

Headrush was formed in 2008, and gradually went on to become one of India's most well known adventure sports brands - with adventure parks, projects and events conducted across India.

Events