Fri. Nov 27th, 2020
Changing Retail Technology

More chains have embraced new ideas.

Changing Retail Technology
Changing Retail Technology

Changing Retail Technology-For decades retail technology basically meant cash registers slowly becoming point-of-sale systems that did things like track inventory or handle customer loyalty programs. That, however, has been changing as more retailers embrace new customer-facing technology.

You might see a robot patrolling the aisles in your grocery store or perhaps one cleaning its floors. It’s also possible you will encounter self-checkout, automated in-store pickup kiosks for orders placed online, or other forms of automation.

Change is happening fast in brick-and-mortar retail, and consumers appear to be happy with what’s happening, according to a new report from the National Retail Federation (NRF). That support, however, is not universal, and retailers still have room to improve.

What did the survey say?

Nearly two-thirds (63%) of respondents said that “retail technologies and innovations have improved their shopping experience on mobile devices.” In a broad sense, shoppers like the technology many retailers have been deploying:

  • 89% of those who have used in-app store navigation would do so again
  • 88% feel similarly positive about smart dressing rooms
  • 86% would use augmented reality again
  • 83% who have tried virtual fit would do so again
  • 82% of people who have used virtual reality in a store would do so again

Consumers are less happy — but still happy — with mobile payment choices. Over two-thirds (69%) of shoppers who have used mobile payment would do so again, while 67% of people who have bought online for pickup in a store would do so again. Self-checkout was the least popular, but 63% of respondents who had used it would use it again.

“Technology has become part of our everyday lives, and consumers are open to adopting technologies that make shopping easier,” NRF Vice President for Research Development and Industry Analysis Mark Mathews said in a press release. “Retailers know this and are embracing investments in technologies that improve customer service and the customer experience whether it’s online, in store or on mobile devices.”

Room for improvement

The fact that consumers like what they see means that retailers have room to do more. Survey takers cited numerous ways retailers could make shopping (and buying) easier.

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Article Credit: Motley Fool

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