5 Key Millennial Consumer Behaviors Retailers can’t Ignore for an Effective Web Strategy
The tech savvy, bargain buying and fugitive millennials are often a trending topic amongst retailers. Thus, they keep constant track of millennial consumer behaviors. According to Forbes– “There are eighty million millennials in America alone and they represent about a fourth of the entire population, with $200 billion in annual buying power”. This makes retailer think twice while strategizing their e-commerce website development or enhancement plan.
Read MoreBig Data Solutions to Improve Patient Care and Enhance Efficiency
It is estimated that worldwide healthcare data is expected to grow to 50 times the current total. A McKinsey Global Institute Analysis has identified the following four distinct Healthcare big data pools and recommended that the integration of these provides bigger opportunities for healthcare players.
Read MoreUnderstanding the Continuous DevOps Lifecycle
DevOps is an agile relationship between development and operations. It is a process practiced by the development as well as operations engineers right from the starting of the design to production support. Understanding DevOps is incomplete without understanding Devops lifecycle. Here is a brief depict of the Continuous DevOps lifecycle:
Read More10 Best Practices to Set Foundation for Effective Retail Personalization
Every single day we would receive at least one promotional email or offer message, which would be about a particular set of products that we were wishing to buy. And we would be wondering ‘how did they know what I like?’. It is nothing but a well-planned marketing program that has an effective retail personalization. This personalization is not just a technological gimmick but a perfect execution of a multi-level plan. Targeting the right offer to the right customer is the key part of a marketing strategy, and to achieve that these 10 practices should be considered as important.
Read MoreTop 5 Applications of Geo-Fencing in Retail
With the advent of technology, retailers nowadays are adapting digitization to increase their loyal customer base. Improving customer engagement is a very important aspect for improving customer retention rate, which eventually leads to a wider customer base. Out of diverse ways of increasing customer engagement, one of the most important technique is geo-fencing.
Read MoreTop 5 Trends in Retail Point of Sale (POS)
Traditional brick and mortar stores, still latching on to obsolete technologies are gradually withering out from the retail market. As mentioned in my previous blog (How Retailers are Improving Customer Engagement with Digital In Store Experiences?), providing a highly engaging in-store experience is extremely essential for retailers to increase customer footfalls and sales. Hence, nowadays companies are adopting an aggressive digital strategy like using AI for personalization, innovating the retail point of sale systems, increase in usage of virtual mirrors etc.
Read MoreTop 3 Strategies for Retailers to Ensure Higher Conversion Rates over Mobile Apps
Businesses for Retailers from mobile applications is booming day by day. In this cut throat competition, the main challenge is to build a top retail mobile app. In my previous blog: 10-tips-retailers-develop-compelling-mobile-experience , I have already provided tips for retailers on how to develop a compelling mobile experience. Now to understand what it exactly takes to reach the top charts ensuring seamless user experience and higher conversion rates, I would like to discuss some of the key strategies and essential components of a retail mobile application.
Read More10 Tips for Retailers to Develop Compelling Mobile Experience
In the age of globalization with the changing technology and advancement, people have reduced the usage of computers and laptops and are more dependent on smartphones. Today we can access almost everything with the help of a smart phone. Now ordering groceries, booking a table at your favorite restaurant, shop for latest collection of dresses after virtual trial, is just a click away. The taste of mobile users has evolved over the time and they demand experiences that are more engaging but are constrained by limited screen real estate, time, and capabilities.
Read MoreServing up Artificial Intelligence on a Platter
When a hungry customer walks into your restaurant, he never looks for a quick fill up , instead, he wants to take it all what’s there in your menu, enjoy his meal and have some interaction. In today’s world, owners of such restaurants make sure that they offer the best customer experience using their machine automated services. The restaurant industry has evolved along with technology to benefit both the customer and the owner. Restaurant businesses that are still to adapt to technological changes, are gradually creeping into the history books.
Read MoreArtificial Intelligence: A New Age of Personalization in Retail
From time to time, trade and commerce have evolved along with technology to benefit both the seller and the buyer. Eventually, the physical markets bustling with people are creeping into history books. All we need now is a digital device with internet connection, and what we want will be at our doorstep. In my previous blog, I have already explained how retailers enhance customer experience with effective personalization and how in the current times personalization in retail is of prime importance.
Read MoreHow Retailers are Improving Customer Engagement with Digital In Store Experiences?
Mike is a gym freak and is looking for a new pair of shoes for endurance training. He went through few of the models online which are best suited within his budget limits and then went to a nearby seller to buy one among those chosen models. The salesman understood the purpose of his purchase, and recommended him some more models which he already rejected previously. Now Mike starts to regret the idea of coming to store instead of buying it online. How many of you actually had the same in-store experience as Mike?
Read MoreInvisible Phishing Attack
Invisible phishing attack is a form of fraud in which the attacker tries to learn information such as login credentials or account information by masquerading as a reputable entity or person in email, IM or other communication channels. An Information Security researcher from China has reported about a phishing attack, which is almost impossible to detect. Most careful users on the internet are also tricked by Hackers.
Read MoreTrending Posts
-
The VLSI Blueprint: The Complete ASIC Design Flow By Hitesh Mathukiya
-
Intent-Driven Autonomous Networks for Telecom Operators By Sagar Nangare
-
Gen AI Chip Design for the Age of AI and Machine Learning By ACL Digital