Now the retail sector is seeing a rapid transformation. Such technologies as IoT and Big Data have already started penetrating the industry. Coupled with mobile apps and machine learning, they enable retailers to take a deep look at customer needs and preferences. By using technological innovations, retailers can get various advantages and opportunities, for example, the … [Read more...] about How Blockchain Will Revolutionise the Retail Industry
retail
Why a Personalized Digital Shopping Experience Will Improve Customer Retention
Gone are the days when you would walk into a brick and mortar store and buy an item that doesn't match your preferences and interests. People are no longer forced to buy the readily available products as demand for personalized shopping experience continues to rise. Moreover, the rise in tailor-made experiences and e-commerce competition is evolving. Significant strides in … [Read more...] about Why a Personalized Digital Shopping Experience Will Improve Customer Retention
4 Ways How Blockchain Will Change the Retail Industry
The retail industry has become increasingly complex in the past decades. Products are made in one part of the world, assembled in another and sold in a third part of the world, whether it is food, clothing or flowers. As a result of this complexity, transparency has become challenging, and it is not always clear to consumers how and what products move through the supply chain. … [Read more...] about 4 Ways How Blockchain Will Change the Retail Industry
7 Different Uses for the Future of Drones
Across many different industries, drones represent a whole host of opportunities. Such is the potential of this tech that the market for drones is expected to reach $100 billion in the next five years, with a billion drones predicted to be inhabiting our skies by 2030. There are a huge array of companies investigating the possible impact of drones upon their industries, … [Read more...] about 7 Different Uses for the Future of Drones
Six Challenges of Big Data Analytics for Retail
Retail is one of the oldest platforms for a buyer to interact with a seller. Long before e-Commerce and m-Commerce hit it big, the retail industry relied on great product displays, competitive pricing and effective salesmanship to get the job done. With the growth of technology and its numerous flavours and avatars, the retail industry pulled in what it needed. Today, with … [Read more...] about Six Challenges of Big Data Analytics for Retail
