September 21, 2021
Via: Retail TouchPointsFor decades, retailers have focused on creating immersive experiences, understanding the importance of using multiple senses to attract and engage consumers in physical retail settings. Delivering these immersive experiences in online ecommerce environments requires similar thinking as well as appealing […]
Customer Engagement, Customer Experience
June 22, 2021
Via: RetailWireNew university research finds hard-to-please, or “picky”, customers demonstrating shopping tendencies beyond just looking for the “best” option. Previous research has found that about 40 percent of people say they have family or friends they would consider picky, suggesting the […]
Customer Engagement, Customer Experience, Others, Tech
May 24, 2021
Via: RetailWireA new university study finds people will more readily use a chatbot if they perceive it to be friendly and competent and less so if it projects overconfidence and arrogance. The challenge, the authors say, is finding the right balance. […]
E-payment & Data Security, Tech
April 20, 2021
Via: Retail TouchPointsThe more technology advances, the more we expect it to become human. We want our apps and online experiences to know us as well as our friends do. That’s why we constantly tap the “like” button on Spotify, sending signals […]
April 2, 2021
Via: Retail TouchPointsKroger outlined plans to deliver total shareholder returns of 8% to 10% in 2021 at its virtual Investor Day, held March 31, 2021. Leadership pointed to two core areas for driving that growth: the fresh food segment and digital, which […]
March 23, 2021
Via: Retail TouchPointsVerizon Media — a division of Verizon Communications that includes AOL and Yahoo — will launch Yahoo Shops, a combination marketplace and advertising solution. The Yahoo Shops marketplace will feature a personalized digital storefront. Users go through a brief onboarding […]
Customer Engagement, Customer Experience
March 2, 2021
Via: RIS NewsThanks to the powerful algorithms of Netflix, Amazon and others, consumers have extremely high standards for personalization in their shopping experience. They expect that brands will know exactly what they want and offer it to them at just the right […]
February 11, 2021
Via: Retail TouchPointsAt the close of every calendar year it’s customary to pen a post about trends and predictions for the upcoming year. Many of these take the form of a “boast post,” a confident and colorful tour de force displaying the […]
February 1, 2021
Via: Retail TouchPointsThe landscape of commerce and delivering customer experience changed dramatically over the past year, as millions of shoppers found health, safety, social distance and remote work taking center stage in their daily lives. Dress clothing retailers such as Brooks Brothers […]
E-payment & Data Security, Tech
January 21, 2021
Via: RetailWireAt a CES 2021 session featuring privacy experts from Amazon.com, Google and Twitter, panelists agreed that, while data transparency is critical, a “patchwork” of privacy rules across areas may increasingly undermine the benefits of the internet. “We learned [in 2020] […]
December 29, 2020
Via: RetailWireAccording to McKinsey, the retail industry has the potential to create $1.7 trillion of value, or 12.39 percent of total sales, from artificial intelligence. How much value do you think AI creates for a retail business? Before answering such a […]
Customer Engagement, Customer Experience
August 31, 2020
Via: RetailWireDigital coupons in the U.S. surpassed redemptions of paper coupons for the first time during the second quarter, according to Inmar Intelligence. The milestone was highlighted in an article in a Wall Street Journal article that detailed digital marketing shifts […]
August 24, 2020
Via: Retail TouchPointsOne of the more jaw-dropping retail statistics of the past few months is the more than 400% increase in Walmart shopping app downloads. Target and other big box stores experienced triple-digit jumps as well. Meanwhile, Amazon has had several pains […]
August 6, 2020
Via: Retail TouchPointsAs COVID-19 continues to loom over the globe, retailers are now also assessing guidelines and developing plans to adapt their store experiences to the changing times. But since e-Commerce offered more personalized experiences, this was something retailers had struggled with […]
Customer Experience, Loyalty Programs
June 9, 2020
Via: RetailWireThe practice of customer loyalty marketing needs to evolve even faster post-COVID-19. Most loyalty programs, which are largely transactional, are insufficient to help brands emerge. Our research shows fewer than 25 percent of consumers are currently “very satisfied” with loyalty […]
E-payment & Data Security, Tech
January 13, 2020
Via: RetailWireA university study finds people increasingly attributing lifelike qualities to virtual assistants and warns this may cause them to reveal more personal information to the companies that use them than they otherwise would. “These agents are data gathering tools that […]
Customer Engagement, Customer Experience
December 20, 2019
Via: Customer Experience News & TrendsThe first customer experience is a lot like a first date. You got them interested enough to say yes. But your work isn’t done. You’ll need to do more to keep them engaged – and agreeable to more dates! For […]
Customer Experience, News & Trends, Point of Purchase
November 4, 2019
Via: Retail DiveYoung millennials and Gen Z shoppers are a major area of opportunity for retailers with brick-and-mortar locations this holiday season. Coldwell Banker Commercial found that the demographic aged 18-34 is most likely to go to stores “to kill time” than […]
E-payment & Data Security, Tech
October 17, 2019
Via: Retail DiveAccenture’s study highlights the challenge that CMOs face in personalizing products and services for customers while respecting their growing demands for privacy. Highly publicized data breaches and continual warnings about the perils of identity theft have made consumers wary of […]
Customer Experience, Loyalty Programs
October 14, 2019
Via: Lightspeed POSHow many customer loyalty programs are you signed up to? How many are you aware of? The loyalty program has become an embedded part of the retail industry. Most shoppers are aware of at least one or two customer loyalty […]