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How CPGs Can Use Location Data to Spur Growth

Retail TouchPoints

From the point-of-sale to stock information, the retail industry is brimming with data. Yet these data points are only part of the story. Awareness of consumer behavior in the offline retail world can help brands drive sales, find ideal customers, and innovate. Use Location Data to Better Understand your Audience.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Digital transformation has extended the customer experience beyond the point of sale. Channels Adopted: Hermes primarily utilises its official website and select social media platforms for brand promotion. Channels Adopted: The choice of digital channels for brand promotion and engagement also varies.

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How Verizon Personalizes CX, from Engagement to Post Purchase

Retail TouchPoints

We began offering the option for customers to go online to make an appointment for a store visit in 2010, debuted the MyVerizon app in 2011 and began offering BOPIS (buy online, pick up in-store) in 2016. It helps keep all the promotions and performance metrics, leadership results and recognition in one place.

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How digital payments can help businesses lead in customer experience

Inside Retail

The trend was evident well before then but gathered pace in the last three years as businesses promoted card-only and contactless payments in response to lockdowns and infection concerns. 3 The hidden cost of cash For many organisations, completing the sale with the least disruption is usually more important than eliminating cash.

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For Online Impulse Buys, Personalization is the Sixth Sense

Retail TouchPoints

A 2016 survey found that nearly 80% of impulse buys happen in-store. With in-store and online order histories, they can customize online promotions to grab shoppers’ attention. The point-of-sale remains a big opportunity for impulse buys. How much of that happens in-store versus online is hard to say.

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For today’s customers, what’s the point of points?

365 Retail

Their innovative partnership with Amazon – offering free same-day grocery delivery to Prime members – was established in 2016 but has grown exponentially over lockdown as both retailers tried to support customers staying at home. Morrisons has moved away from its’ ‘More’ loyalty points scheme to launch the My Morrisons app.

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‘A Reckoning for the Advertising Industry’: The Death of Third-Party Tracking Opens New Opportunities for Retailers

Retail TouchPoints

The EU set the stage for these changes in 2016 with its General Data Protection Regulation (GDPR), which laid out firm guidelines for the protection and sharing of consumer data. The Demise of the Third-Party Cookie. A Growing Reliance on ‘Walled Gardens’.