Remove ATS Remove Checkout Remove Customer Retention Remove Promotions
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The Future of Retail and AI

Retail TouchPoints

In order to understand where the future of retail is headed, we’re going to take a look at how the pandemic has impacted the retail industry and how it has already started to adapt to pandemic challenges. . Simultaneously, data and analytics were at the forefront of retailers’ minds as stores sought to anticipate their consumers’ needs.

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Salesforce Predicts Just 1% YoY Online Sales Growth for U.S. Holiday Season

Retail TouchPoints

“For the back-to-school season, 42% of consumers say they are spending more, but 57% are trading down for lower prices,” said Caila Schwartz, Director of Consumer Insights and Strategy for Retail and Consumer Goods at Salesforce during an Aug. In fact, 74% of associates’ time is on non-checkout functions. 22, 2023 briefing.

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How to Make Sense of the Complex Modern Grocery Retail Landscape 

Retail TouchPoints

We saw this at the start of the pandemic when food store sales shot up by 21%. still plan to cook more at home. Though many can’t afford to develop a completely autonomous shopping experience, cashless checkouts have made it easier and more convenient for those one-item shoppers to run in and out.

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Loyalty card wallet app Stocard drawing shoppers to engage with brands

Inside Retail

That sharing leads to a better overall customer journey and stronger customer retention, as shoppers are exposed to content relevant to their preferences and lifestyle – versus offers that don’t fit their needs or wants. .

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mPOS – bringing back the human touch to in-store shopping

I Vend

Order out of stock items – if the shopper cannot find the item/size/colour they want, the associate can use the mobile POS to reserve the item at another store, or to order it for delivery. Offers and promotions – the associate can ensure that the shopper doesn’t miss a promotion, by using the mPOS to access all current offers.

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How customer facing displays create a positive customer experience

I Vend

Customer experience in retail is at the heart of what keeps customers coming back.Forbes reports on a study in which 90% of consumers said they are more likely to return to a retail store if they have had a positive experience. Rather we’re looking at today’s customer facing displays, based on familiar tablet technology.

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10 Ways to Keep Customers from Leaving Your Store Empty-Handed and Boost Your Profitability

V Count

Poor Customer Service : One significant factor that can lead to a decrease in customer retention is poor customer service. A customer may choose to leave a store and not make a purchase if they feel they are being ignored, not treated respectfully, or if they perceive the customer service to be subpar.