Competitive Grocery Retail
Revolutionary change is hitting grocery retail.
Online sales in the U.S are predicted to reach $100 billion by the year 2025, capturing 20 percent of the grocery market. Households are expected to spend $850 per year on food and beverage purchases online.
Your Retail Technology Will Leave a Lasting Impression on Customers – Whether That’s Positive or Negative is Up to You
The best brands make acquiring the product itself secondary to the unique, personalized and convenient experience a customer has while in the store. This strategy not only avoids the race to the bottom, it also incentivizes customers to stay with your brand because they cannot get the experience you provide anywhere else.
3 Ways to Embrace Personalized Retail to Drive Sales
Shoppers today have more purchase options available to them than ever before. This creates a significant challenge for retailers as the competition has never been so fierce. In order to stand out, retailers need to wow their customers and give them the very best in-store experience they possibly can. Keep reading to learn more.
3 Ways to Make Your Quick Service Restaurant into a Smart Restaurant
Technology is touching all aspects of our lives and is radically changing the way things are done in all industries. This is especially true for the restaurant business, with 79 percent of customers stating that technology has helped to improve their experience. If restaurants are able to embrace technology, it can help make for a more tailored and optimized experience for customers, keeping them coming back for more in this competitive landscape.
Balancing Security and Experience – 5 Ways Digital Vending and Lockers are Reducing Retail Shrinkage
Retail shrinkage. It’s an ongoing challenge that directly impacts your bottom line. In fact, the National Retail Federation (NRF) showed that shrinkage cost in the US retail industry reached nearly $50 billion in 2016, with many brands reporting that shrinkage rates had increased from the year before. Fortunately, digital vending and locker solutions are a game changer. Here are five ways retailers can leverage these new technologies to build a better experience and simultaneously improve retail shrinkage.
Improving Customer Engagement with In-store Selling Advisor
Companies are increasingly turning to technology to help create unique and personal experiences, in hopes of giving stores and brands a competitive edge. Sales enablement technology allows associates to develop into trusted sales advisors who can then fulfill the expectations of today’s educated in-store consumers, improving overall customer experience and engagement.