Infographic Building the Ultimate Retail Tech Stack
By Insight Editor / 20 Jan 2022
By Insight Editor / 20 Jan 2022
The retail landscape is rapidly evolving, but the right technology stack will help you stay competitive, enhance customer relations and improve sales. In this infographic, we examine key areas of technology to optimize your retail business.
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Retail is a booming industry, and there’s no better time to embrace modern technology solutions.
With the right stack, you’ll boost efficiency, cut costs, drive revenue and remain competitive. Here are key areas of innovation to optimize business outcomes and enhance customer relations.
Innovative solutions such as digital checkouts, smart shopping carts and cleaning robots are increasing productivity, lessening staff strain and boosting the customer experience.
With advanced automation solutions, you’ll:
The global retail automation market is forecast to grow to over 23 billion U.S. dollars by 2026.
Contemporary technologies — including advanced social media technology, Virtual Reality (VR) “try-before-you-buy” solutions, voice-search options and omnichannel engagement — boost the online shopping experience.
Modern e-commerce tools allow you to:
Around half of all U.S. social network users between the ages of 18 and 43 will make at least one social commerce purchase.
Today’s shoppers expect instant customer service, personalized recommendations, tailored deals and more.
With Artificial Intelligence (AI)-powered tools, interactive kiosks, facial recognition-based payment, audience segmentation, geotargeting and mobile applications, you’ll create a multi-faceted experience that will:
96% of customers say customer service is important in their choice of loyalty to a brand.
Don’t forget the appeal of an in-person shopping experience. Upgraded monitors and displays, smart mirrors, self-service kiosks, in-aisle scanners and more keep customers engaged in your physical location.
High-tech device advancements will:
Digital signage can boost your brand awareness by almost 48% and increase purchase amounts by 30%.
Shopping is now a multifaceted, dynamic experience. But you don’t have to navigate this new retail landscape alone.
A technology partner like Insight will offer continued support, help you stay compliant and guide you through the industry’s technology evolution.