Retail Parking White Paper

Regardless of whether you’re an individual retailer, a retail park or a shopping centre operator and whether you offer free parking or paid for parking, you want to maximise the number of consumers in your stores. And if you’re going to win that battle for convenience in consumer’s minds, the shopping experience you offer needs to be right…and in most cases where a physical location is involved, the shopping experience starts and ends with the journey to and from the store. The reality here is that the approach to/from the area and the car park facilities on site represent the first and last touchpoints of the shopping experience. Get that wrong and you risk dramatically tainting the whole experience and with it, not only their attitude, actions and likely spend during their current shopping visit, but also endangering the likelihood, frequency, or duration of future return visits. A disillusioned customer rarely keeps their frustrations private, personally sharing it with their wider circle via social media, where bad news travels fast and further than ever before.

Spotlight

National Retail Federation

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries.

OTHER WHITEPAPERS
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11 Rules for a Successful Multi-Location Business

whitePaper | February 9, 2023

Managing a multi-location business requires many moving parts. From product management to sales reporting, keeping a close eye on every location can be tricky. Determining how to easily and effectively manage your growing business begins with selecting the right tools, starting with right Point of Sale (POS) system

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Visa Checkout-The Right Choice for Online Retailers

whitePaper | January 27, 2020

A new report from comScore shows clear advantages to online retailers using Visa Checkout to simplify their checkout experience. The results of the report are highlighted below. Consumer retail spend has moved increasingly from in-store to digital, with more than 1 in 10 of U.S. retail discretionary dollars being spent online. As the growth of online and mobile shopping continues to rise, so do customer expectations.

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White Paper - Why tablets are the future of POS technology?

whitePaper | January 31, 2022

Convergence of technology based robust, fast, secure business process solutions and ubiquitous tablet devices are the major driving forces for mobile POS Terminal adoption. One of the biggest challenge faced by the businesses today is making a concise and cost-efficient payment system, especially in the retail sector. Low installation cost and speedier checkout offered by Tablet POS Terminal has considerably increased their adoption. Tablets are not only improving Return on Investment (ROI) but it helps to meet the targeted sales as well as labour efficiency.

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Real-Time Payments Systems & Third Party Access

whitePaper | January 27, 2020

Just as digital technologies have transformed so much of our lives, from access to information to communicating, the adoption of digital payments is fundamentally transforming banking systems, commerce, and societies around the world. Digital payments are full of promise. They can bring new levels of convenience and efficiencies, security and transparency, access and growth. Countries that have rolled out payment systems are already reaping the benefits. However, due to the inherent complexities of financial systems and of deploying digital technology, there is no one-size-fits-all model.

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Executive Summary of the KPMG Study ”Trends in Retail 2020“

whitePaper | November 12, 2019

The retail industry faces immense challenges in the coming years. These challenges include demographic change, raw materials becoming more expensive, consumers changing their behaviour due to increasing digitalisation and e-commerce. These are only some of the major changes currently taking place in the retail industry. The “Trends in Retail 2020” study performed by KPMG in Germany and the EHI Retail Institute highlights factors which will have a significant impact on the future development of the German retail market.

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Metaverse – The next e-commerce revolution

whitePaper | October 4, 2022

The metaverse, roughly defined as 3-D virtual worlds that mimic the real world, has drawn much attention since late 2021. Certain well-known global firms, such as J.P. Morgan, HSBC, Standard Chartered (banking), Samsung (technology), Adidas (apparel) and PwC (consulting) have created a presence on the current metaverse platforms The Sandbox and Decentraland. Ever since Facebook’s announcement of its rebranding and name change to Meta in October 2021,2 the investment on metaverse has continued despite a contraction in the cryptocurrency market.

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Spotlight

National Retail Federation

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries.

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