Benefits of Omnichannel Retailing PDF

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VersatileFantasy

Uploaded by VersatileFantasy

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omnichannel retailing retail technology customer experience retail industry

Summary

This document discusses the benefits of omnichannel retailing, highlighting how technology is transforming the retail industry to simplify purchases for both customers and retailers. It covers scenarios like mobile device use and purchase history tracking, demonstrating the impact of omnichannel systems on merchandise fulfillment.

Full Transcript

RETAIL INDUSTRY OVERVIEW ---------'- Benefits of Omnichannel Retailing The use of technology is transforming the industry-simplifying and retailers. Consider these scenarios: purchases for both customers • An employee with a mobile device greets a customer, provides great service to help the c...

RETAIL INDUSTRY OVERVIEW ---------'- Benefits of Omnichannel Retailing The use of technology is transforming the industry-simplifying and retailers. Consider these scenarios: purchases for both customers • An employee with a mobile device greets a customer, provides great service to help the customer find what they're looking for and processes the payment on the spot, so the customer never waits in line. • Retailers enable purchase history tracking so customers can easily buy items again. • A customer uses an app to locate an item in the store and then scans the product code to find specific information about the item. • When an item is out of stock in a store, a sales associate systemically in the company and ships it directly to the customer. • A customer purchases items using an app or website. Behind the scenes, omnichannel systems kick in to provide merchandise fulfillment options such as: holding an item for pickup at the retailer, shipping an item to a customer's preferred location (such as their home), preparing food items for pickup, or delivering an order the same day. • A customer views an item in a catalog, then marks it as a "favorite" on the retailer's website. Later, the product is offered to them via targeted social media advertising. @2019 NRF FOUNDATION. ALL RIGHTS RESERVED. locates the item anywhere

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