Introduction At
present,
digital
transformation
has
revolutionized
retail
and
online buying experiences and even consumer expectations from brick-and-mortar
stores.
Businesses
are
software solutions to their advantage.
also
adopting
retail
Characteristics of retail technology Retail
stores
are
witnessing
dramatic
digital
transformation
resulting in: Speed and convenience Personalization Seamless payments Social commerce Omni-channel shopping So,
now
we
will
look
at
the
transforming the retail landscape:
current
tech
trends
that
are
Augmented Shopping Retailers are using immersive technology for their “try-before-youbuy”
strategy.
familiarizing
It
gives
themselves
customers with
making more insightful buys.
the
desired
possibility
products
of
and
remotely thereafter
Predictive Analytics Predictive logistic analytics offer valuable insights and help retailers to stock relevant, in-demand products and have them on hand during uncertain times.
Cashier-Less Stores ‘Just walk out’ tech or cashier-less stores are making a big impact on the shopper experience. Your customers no longer have to be frustrated
waiting
in
long
checkout
queues.
What
decreasing the amount of in-store manual labour,
is
more,
by
retail software
solutions like this greatly lower your overhead expenses.
Seamless Store and Ecommerce Integration “Buying online and picking up at the store” is becoming more and more common these days. In this case, customers have the choice of flitting from the e-commerce platform to the brick-and-mortar store (and vice versa) to conclude their purchases. This is why many retailers today are opting for
development solutions.
retail software
RPA (robotic process automation) A
range
of
internal
categorization, processing,
order
campaign
retail
processes,
invoicing, planning
for
delivery and
supported by robotic process automation.
instance,
information,
more
are
product returns
efficiently
Machine Learning In-store selling
analytics,
strategies
consumer and
analytics,
demand
cross-selling
forecasting
are
and
pivotal
to
upthe
success of retail stores. These are all made possible because of Machine Learning- based solutions.
Recommendations You can choose from a host of retail software solutions and boost your business revenue while simultaneously enhancing customer experience.