Retail Technology News

Efficiency, speed, and agility are the core of any retail business. The retailers need to invest in retail IT solutions, a central database, and an efficient sales system to achieve this. One of the significant factors that help build an excellent customer-business relationship is how quickly and efficiently you meet your customer requirements. From receiving the item to paying for it – shoppers want the entire process to be completed soon without waiting for any of it. In short, customers are after efficiency, resourcefulness and speed. Retailers need to invest in IT solutions and technologies, leading to higher customer satisfaction while improving the business processes. Read on to learn how technology and advance IT tools can take your retail business to the next level. Improves business functioning and production processes Shoppers are always after affordable and quality products. Reasonable prices enable customers to shop more. However, at the same time, they need quality product...

Retail IT Technology Solutions for Omnichannel Current  Digital, social media & entertainment and mobile technologies is changing the way the retail industry is functioning, while playing a pivotal role in the shifting pattern of consumer behavior online. Current studies have revealed that even though consumers would prefer to choose in-store purchases rather than from online store, 74 percent of respondents prefer to do online research for products and price comparison etc. This calls for the retail business owners to offer retail IT solutions for the industry to ensure creating an appealing presence across all platforms – online as well as mobile – apart from merely providing an engaging in-store experience. Retail Technology Solutions Online Stores Custom Solution Order Management Responsive Website Comparison website/app How Magento Omnichannel Solutions is helping Retail Businesses Increases both Loyalty and Sales :- Magento omnichannel gives customers...

Image Courtesy: Primaseller The last 2018 was an interesting and thrilling, year in retail world. The overall market conditions were strong.The retail industry has undergone a significant transformation over the past decades, and it continues to evolve drastically. The retail industry has witnessed phenomenal changes due to the technology evolution. In 2019, the retail market will be defined by trending emerging technologies that change the way customers engaging with their favorite top retail brands. 2019 is Assured to be another action packed year for Retail Tech world, below are a few key trends that will be of utmost importance for retail technology. According to the National Retail Federation , data shows “a net increase in store openings of over 4,000 in 2017. In fact, for each company closing a store, 2.7 companies are opening stores.” Top 10 Retail Technology Trends for 2019 Rise of Experiential Retail Cyber Security Advance Analytics Approach Data Transparen...

Role of Internet of Things The IoT refers to physical gadgets that provide smart characteristics, through connectivity and offer very good monitoring systems, optimisation and automation. Idea of IoT devices has actually being applied to millions of web applications. This is an era of technology and several numerous emerging technologies combined with artificial intelligence play a crucial role in technology transformation. Due to the Internet of Things (IoT) and its ecosystem devices are connected with each other in one network. All technologies have influenced users’ daily routine and working style by integrating different technologies such as Bluetooth, RFID, Wi-Fi and Zigbee over wireless networks. In this blog, we shall discuss the Role of internet of Things on Supply Chain Management. The operation and management of supply chain and logistics industry’s fulfillment are changing dramatically with combination of data analytics, mobile computing and cloud servi...

Mobile app development has taken a brand new flip with a brand new of AI and voice help craze among smartphone users. Let’s skills popular ar these apps integrated with trending technologies. People ar interested in the concept of artificial intelligence (AI) like ne'er before. This advanced technology is present since long, but came to lightweight with Technology large Facebook enforced the utilization of chatbot in its messenger. With this introduction of chatbot, mobile app development companies started correlating mobile app  options with artificial intelligence (AI). Another trend determined by analytics company is that users have interaction more with apps that provide voice help. Voice command assistants like Amazon Alexa, Google Home, Samsung Viv and Microsoft Cortana have won the hearts of user of this digital age. artificial intelligence and machine learning once enforced to execute on voice commands of users lead to wonderful client experience. Business Mobi...

Now mobile technology are day to days creative trending. how many eCommerce or retail shopping clients emphasize on integrating a secured payment module into the app? which is the best factor that involves your mind once you bump into any e-commerce app within the App Store? Is it trusted? will it have a secured payment module to shield my sensitive data? each client is possessive regarding his/her personal account details and all. as a mobile app development services provider company are constant endeavor to improvise user experience. Retail Business Can Turn Window Shoppers to Real Buyers Cyber threats are not unknown to people who opt to purchase goods and services through mobile app. Impressing visitors with your unique collection is just one of the many aspects that contribute to converting visitors to buyers. Unlike traditional retail stores where salesmanship of the person selling the item and features of the product are accountable for purchase, sales through mobile ap...

How usually does one visit the brick and mortar store for getting garments, groceries, accessories, or alternative daily essential items? rarely, isn’t it? within the advent of ecommerce, physical stores have tough a downfall as most folks value more highly to search on-line. Some obvious reasons for inclination to ecommerce sites and mobile apps is its 24/7 accessibility, obtaining things delivered to sill while not going temperature and no facing of ‘out of stock’ downside. on-line searching isn’t any a lot of a buzz and has become quite common currently. As a matter of fact, any trend that continues for a long time without addition of innovative elements becomes monotony. Ecommerce industry is expanding its horizons to overcome the monotony of its audience by offering new platforms that serve users in better way. Integration of Internet of Things (IoT) technology in retail industry has introduced an element of automation in this segment. Another disruptive technology of dr...