Many retailers recognize the staggering benefits that the Internet-of-Things can provide for their stores. But, according to this IoT for All article, “…customer expectations, fast-changing consumer habits, complex logistic chains, and human error are some factors holding retailers back from fully realizing their business opportunities.”
According to this Digital Signage Today article, “in-store digital engagement not only improves the shopping experience, it also provides retailers with valuable customer behavior data they weren’t previously collecting.” And one way retailers are doing this is “…by incorporating familiar digital experiences into stores, such as
It’s no secret, the convenience of online shopping has hindered foot traffic in many malls. However, some IT professionals believe signage technology can fix that. According to this Digital Signage Today article, “The impact of digital signage extends beyond advertising: it creates a comprehensive and
Did you know Verkada recently announced the launch of their new AI-powered search feature, within their “Command” platform? And according to one of their recent blog posts, their AI-powered search allows “customers to use freeform text to search for people and vehicles in a highly-detailed
Is retail RFID a game changer? Many retail leaders seem to believe so. This Loss Prevention Magazine article states, “RFID technology empowers retailers to create a serialized data archive of products in-store, online, and at every step of the supply chain.” In addition, it “…allows
A recent report by Statista revealed that the number of brick-and-mortar banking branches have have been on the decline for quite sometime. However, according to this Digital Signage Today article, “…this trend doesn’t tell the entire story as not every bank is shuttering branches.” In
Many of us who work in the IT or retail industry have likely heard about or even witnessed some of the negatives surrounding self-checkouts. However, self-checkouts aren’t going anywhere anytime soon. According to this Retail TouchPoints article, “consumers may grumble and retailers may make noise
According to this TRB article, “Retailers require creativity to be one step ahead of everyone and to survive in a dramatically changed global scenario.” In addition, “Companies that experiment with technologies to determine which ones improve operational efficiency and which improve the customer experience are
According to this GlobalData article, “Fashion brands are constantly striving to elevate the shopping experience and drive traffic that will translate into purchases.” And thanks to Crave Retail, they are “…helping bridge this gap between retailers and shoppers in a more inclusive and convenient way.”
According to this Forbes article, “…this will be the most tech-forward year yet in retail—but only if retailers take advantage of what’s out there.” It’s evident that in-store retail technologies are steadily advancing each year. From the expansion of in-store digital technologies and hyper-personalization in
Retailers, did you know there is a new way to help prevent fraudulent chargeback? Well, according this Verkada blog, “[w]ith video evidence supporting transaction records, businesses are in a much stronger position to dispute fraudulent chargebacks.” In addition, Verkada Helix “…offers physical retail spaces a
According to this Bain & Company’s article, “[t]echnology modernization is one of the hardest items on the executive to-do list in retail.” In addition, “…what differentiates tech leaders in retail is their understanding of the strategic importance of technology, which pervades their businesses.”