Wearable technology may be niche now, but it offers big opportunities for retailers to improve customer experience and boost sales conversions. Here’s why it must be taken seriously NOW.
Cannibalisation! Anti-competition! High street under siege! We look past such ‘catastrophising’ and reveal some far more down-to-earth truths about the power of multi-channel retailing.
How can retailers incorporate the concepts that underpin the sharing economy into their value chain when their model is based on the principle of acquiring goods? This slideshare enhances 4 types of collaborative models retail is experimenting with, through a selection of examples: co-creation, co-marketing, co-consuming and co-recycling.
VRxVR- Virtual Reality x Virtual Retail for Retailers, Scenarios and Applicat...ELSE CORP
#VRxVR is a B2B Cloud SaaS platform, in development by ELSE Corp- a Virtual Retail company, for brands and retailers, "powered by E.L.S.E.”, which is enabling a new Customer Experience in VR, AR and MR, around the processes of product catalog creation, runway shows, use for "see now-buy now” and similar scenarios.
more info: www.else-corp.com/technology
Cannibalisation! Anti-competition! High street under siege! We look past such ‘catastrophising’ and reveal some far more down-to-earth truths about the power of multi-channel retailing.
How can retailers incorporate the concepts that underpin the sharing economy into their value chain when their model is based on the principle of acquiring goods? This slideshare enhances 4 types of collaborative models retail is experimenting with, through a selection of examples: co-creation, co-marketing, co-consuming and co-recycling.
VRxVR- Virtual Reality x Virtual Retail for Retailers, Scenarios and Applicat...ELSE CORP
#VRxVR is a B2B Cloud SaaS platform, in development by ELSE Corp- a Virtual Retail company, for brands and retailers, "powered by E.L.S.E.”, which is enabling a new Customer Experience in VR, AR and MR, around the processes of product catalog creation, runway shows, use for "see now-buy now” and similar scenarios.
more info: www.else-corp.com/technology
Best Of 2014 Altavia Watch - English versionAltavia
The 2014 Best Of international Retail trends by the Altavia Watch team.
6 main trends identified:
1. Towards a new era in global trade
2. Pure players invest in traditional trading conventions
3. Physical formats are reinvented
4. Smart objects for a new customer experience
5. The triumphant mobile, at the heart of customer relations
6. Personalisation, between customer service and big data
eCommerce NG: Maximize the potential of mobile commerce (1)EmpathyBroker
This is the first presentation from eCommerceNG event "Maximize the potential of mobile commerce" which took place in Leeds on 19-Apr-2013.
This was presented by Professor Cathy Barnes, the UK's leading Professor of Retail Innovation, and head of the Faraday Centre for Retail Excellence.
ELSE Corp at Decoded Fashion Milan: RE-DESIGNING THE FASHION CHAINELSE CORP
Decoded Fashion Milan 2016, The Fashion Pitch challenge: RE-DESIGNING THE FASHION CHAIN. This year’s competition for international start-ups in the tech-fashion field has a unique challenge: powering the Fashion Chain forward.
ELSE CORP, Italy. ELSE Corp designs and develops a Cloud SaaS API platform for “Virtual Retail”, integrating all processes from 3D Design, to Interactive Visual Merchandising for customized and made to measure sales, to the on demand production.
more info: http://milan.decodedfashion.com/thefashionpitch/
VIVAIO VISIONARY FORUM: ELSE Corp's CEO- setting up the base for the future o...ELSE CORP
VIVAIO VISIONARY FORUM 2017.
VIVAIO VISIONARY FORUM is the first Vision 2 Vision international meeting, with an ambitious goal: collecting visions of the future, as a guide for innovation.
ELSE Corp's CEO speech: Quale Futuro Per il Made in Italy nella Moda di Qualità, Dopo la Quarta Rivoluzione Industriale? (The Future of Fashion in the Era of post Fourth Industrial Revolution)
Andrey Golub, Founder Else Corp
http://www.visionaryforum.it/team/andrey-golub/
Luxury retail trends and customer experience in a digital era. A perspective on the customer experience of the future, case studies from leading retailers today and the implications for business corporate strategy, retail stores, employees and HR.
For more on Retail, Digital, Employee and Customer Experience connect with Deloitte Digital Southeast Asia @DeloitteDigi_SG. We’re always happy to talk.
From strategy to delivery, Deloitte Digital combines cutting-edge design with trusted business and technology acumen to define and deliver tomorrow’s business, today. Deloitte Digital is committed to helping clients unlock the business value of emerging technologies.
Future touchpoints at Shopping2020 end conferenceIskander Smit
Info.nl hosted the expert group on future retail touchpoints and info.nl/labs lead the group and made the report.
At the WebWinkelVakdagen the Shopping closing conference took place. I presented two times our conclusions. This is the version I used at Thursday January 23.
ELSE Corp al Festival delle Comunità in Cambiamento- Stati Generali dell’impr...ELSE CORP
ENA chooses future-proof ELSE Corp: Selected to participate among the innovators making a difference in the ever changing community. more info: http://blog.else-corp.com/2016/10/rena-chooses-future-proof-else-corp/
Guidebook: 9 coronavirus challenges at retail - field agentField Agent
How specifically is COVID-19 disrupting the retail industry, and what can companies do to fight back? The guidebook, “9 Coronavirus Challenges At-Retail…and How to Overcome Them,” explores both questions.
DRIIM, il programma di ricerca nato dalla collaborazione tra #ACINMilan e SDA Bocconi, ogni bimestre raccoglie gli aggiornamenti più rilevanti del mondo del retail e CPG, con l’obiettivo di identificare i trend più rilevanti del momento, tecnologie più innovative e delineare possibili traiettorie di sviluppo. Scopri le novità dei mesi di maggio e giugno 2019.
Technology & Media Trends; Mobile World Congress 2015Rori DuBoff
With more than 50 billion connected devices expected by 2020, the world of mobile continues to evolve way beyond handsets, to include smart appliances, accessories, cars, bikes and almost any object imaginable.
In this new organic marketing world of data-driven connectivity and content-fueled experiences, we find tremendous opportunities for marketers to create more meaningful connections with consumers.
The key trends from Mobile World Congress:
Custom Connectivity & Wearables, Immersive Experiences: Virtual & Augmented Reality, Location-Based Marketing, Mobile Commerce and Biometrics Communications
Tech & Media Trends 2015 @ Mobile World Congress with Havas + MobextHavas Media
With more than 50 billion connected devices expected by 2020, the world of mobile continues to evolve way beyond handsets, to include smart appliances, accessories, cars, bikes and almost any object imaginable.
In this new organic marketing world of data-driven connectivity and content-fueled experiences, we find tremendous opportunities for marketers to create more meaningful connections with consumers.
The key trends from Mobile World Congress:
Custom Connectivity & Wearables, Immersive Experiences: Virtual & Augmented Reality, Location-Based Marketing, Mobile Commerce and Biometrics Communications
Fast Web Media's team have come together to predict what will be big in the world of digital in 2015. Our top 10 includes some great trends including wearable tech, automated marketing strategies, web design, technical development, brand storytelling and much more!
Best Of 2014 Altavia Watch - English versionAltavia
The 2014 Best Of international Retail trends by the Altavia Watch team.
6 main trends identified:
1. Towards a new era in global trade
2. Pure players invest in traditional trading conventions
3. Physical formats are reinvented
4. Smart objects for a new customer experience
5. The triumphant mobile, at the heart of customer relations
6. Personalisation, between customer service and big data
eCommerce NG: Maximize the potential of mobile commerce (1)EmpathyBroker
This is the first presentation from eCommerceNG event "Maximize the potential of mobile commerce" which took place in Leeds on 19-Apr-2013.
This was presented by Professor Cathy Barnes, the UK's leading Professor of Retail Innovation, and head of the Faraday Centre for Retail Excellence.
ELSE Corp at Decoded Fashion Milan: RE-DESIGNING THE FASHION CHAINELSE CORP
Decoded Fashion Milan 2016, The Fashion Pitch challenge: RE-DESIGNING THE FASHION CHAIN. This year’s competition for international start-ups in the tech-fashion field has a unique challenge: powering the Fashion Chain forward.
ELSE CORP, Italy. ELSE Corp designs and develops a Cloud SaaS API platform for “Virtual Retail”, integrating all processes from 3D Design, to Interactive Visual Merchandising for customized and made to measure sales, to the on demand production.
more info: http://milan.decodedfashion.com/thefashionpitch/
VIVAIO VISIONARY FORUM: ELSE Corp's CEO- setting up the base for the future o...ELSE CORP
VIVAIO VISIONARY FORUM 2017.
VIVAIO VISIONARY FORUM is the first Vision 2 Vision international meeting, with an ambitious goal: collecting visions of the future, as a guide for innovation.
ELSE Corp's CEO speech: Quale Futuro Per il Made in Italy nella Moda di Qualità, Dopo la Quarta Rivoluzione Industriale? (The Future of Fashion in the Era of post Fourth Industrial Revolution)
Andrey Golub, Founder Else Corp
http://www.visionaryforum.it/team/andrey-golub/
Luxury retail trends and customer experience in a digital era. A perspective on the customer experience of the future, case studies from leading retailers today and the implications for business corporate strategy, retail stores, employees and HR.
For more on Retail, Digital, Employee and Customer Experience connect with Deloitte Digital Southeast Asia @DeloitteDigi_SG. We’re always happy to talk.
From strategy to delivery, Deloitte Digital combines cutting-edge design with trusted business and technology acumen to define and deliver tomorrow’s business, today. Deloitte Digital is committed to helping clients unlock the business value of emerging technologies.
Future touchpoints at Shopping2020 end conferenceIskander Smit
Info.nl hosted the expert group on future retail touchpoints and info.nl/labs lead the group and made the report.
At the WebWinkelVakdagen the Shopping closing conference took place. I presented two times our conclusions. This is the version I used at Thursday January 23.
ELSE Corp al Festival delle Comunità in Cambiamento- Stati Generali dell’impr...ELSE CORP
ENA chooses future-proof ELSE Corp: Selected to participate among the innovators making a difference in the ever changing community. more info: http://blog.else-corp.com/2016/10/rena-chooses-future-proof-else-corp/
Guidebook: 9 coronavirus challenges at retail - field agentField Agent
How specifically is COVID-19 disrupting the retail industry, and what can companies do to fight back? The guidebook, “9 Coronavirus Challenges At-Retail…and How to Overcome Them,” explores both questions.
DRIIM, il programma di ricerca nato dalla collaborazione tra #ACINMilan e SDA Bocconi, ogni bimestre raccoglie gli aggiornamenti più rilevanti del mondo del retail e CPG, con l’obiettivo di identificare i trend più rilevanti del momento, tecnologie più innovative e delineare possibili traiettorie di sviluppo. Scopri le novità dei mesi di maggio e giugno 2019.
Technology & Media Trends; Mobile World Congress 2015Rori DuBoff
With more than 50 billion connected devices expected by 2020, the world of mobile continues to evolve way beyond handsets, to include smart appliances, accessories, cars, bikes and almost any object imaginable.
In this new organic marketing world of data-driven connectivity and content-fueled experiences, we find tremendous opportunities for marketers to create more meaningful connections with consumers.
The key trends from Mobile World Congress:
Custom Connectivity & Wearables, Immersive Experiences: Virtual & Augmented Reality, Location-Based Marketing, Mobile Commerce and Biometrics Communications
Tech & Media Trends 2015 @ Mobile World Congress with Havas + MobextHavas Media
With more than 50 billion connected devices expected by 2020, the world of mobile continues to evolve way beyond handsets, to include smart appliances, accessories, cars, bikes and almost any object imaginable.
In this new organic marketing world of data-driven connectivity and content-fueled experiences, we find tremendous opportunities for marketers to create more meaningful connections with consumers.
The key trends from Mobile World Congress:
Custom Connectivity & Wearables, Immersive Experiences: Virtual & Augmented Reality, Location-Based Marketing, Mobile Commerce and Biometrics Communications
Fast Web Media's team have come together to predict what will be big in the world of digital in 2015. Our top 10 includes some great trends including wearable tech, automated marketing strategies, web design, technical development, brand storytelling and much more!
Consumers today are more ‘SoLoMo’ –Social, Local and Mobile. The article discusses about the key global trends and benchmark practices that would help retailers to build seamless consumer experience and long-term profitability in the near future (2020). Using Big-Data for predictive analytics, leveraging technology to create Omnichannel customer experience, implementing effective Supply-Chain, using prompt methods payments, enforcing efficient employee training and other success factors mentioned in the article, will definitely shape the future of a successful retailers to manage the complexity and diversity of retailing in 2020. All topics covered all supported with concrete examples of worldwide benchmark in the industry.
7 Inspiring Examples of Augmented Reality in the Business World Pixel Crayons
Many businesses are turning to augmented reality (AR) to reach new audiences, create immersive experiences, and boost sales. So, how can brands take advantage of an emerging trend like augmented reality (AR), which allows them to provide new customer experiences?
Let’s look at some of the most impressive examples of augmented reality in marketing to get you thinking about how you may use this technology to improve your consumers’ experiences in the future.
T3: apple watch - creating value out of the gateJames Lanyon
T3, a technology-fueled creative agency, offers its insights as to how brands and developers can mine opportunities with Apple's new Apple Watch platform the day it is first released.
Technological advancements have elevated consumers’ expectations for the in-store shopping experience. The future of retail is about choice, consistency and customization. Consumers’ want the ability to choose how, when and where they shop, and retailers need to be prepared to meet those preferences. Outdoor retailers can leverage the support of in-store technologies to not only meet customers’ expectations, but create inventory transparency, reduce inventory overhead costs, provide a wider selection of products, and most importantly, gather customer data to better adapt to their shopping behaviors. Analysts agree that retailers who adopt trending technologies for business development are the most likely to grow their revenue and market share.
Factors to consider when designing your in-store technology platform:
•Look at how consumers are using mobile devices in-store to determine which technology will be most effective (focus on simplifying and assisting in their shopping experience).
•Start small with one product (i.e. mobile app or an iPad display) and then add on elements to reduce risk.
•Be flexible, watch and analyze – in-store technologies have website-like analytics to track user behavior (traffic, visits, click-throughs) and understand whether it’s effective.
•Create a unified supply chain strategy where orders can be placed and fulfilled through any channel before launching a mobile POS platform.
•Focus on providing a consistent and seamless experience by aligning Online and in-store efforts.
The following is a sample of how retailers have used advanced technologies to provide enhancements to the in-store shopping experience.
We explore 5 key areas where digital is adding value in retail, specifically in the physical store. (1) Consumer Engagement, (2) Payment, Security & Authentication, (3) Proximity Marketing, (4) Virtual Reality, (5) Augmented Reality. Market examples demonstrate how these trends play out in the market environment. This slide deck serves to provide insight into how to keep consumers visiting and engaged in brick-and-mortar spaces, by delivering their desire for digital. Persuading the consumer to keep the physical store alive is a challenge, and retailers need to adopt technology to maintain relevance, and at the forefront of disruption.
The Five Biggest Healthcare Tech Trends In 2022Bernard Marr
The healthcare sector is under enormous pressure at the moment, and technology adoption has been accelerating to help deliver better, cheaper, and more personalized healthcare to people. Here we look at the top healthcare tech trends in 2022.
The Five Biggest Retail Tech Trends In 2022Bernard Marr
Retail companies have seen huge challenges and transformations over the past few years while digitization and the adoption of technology innovations have been accelerated. Here we look at the five biggest tech trends in the retail industry.
Get Retail Smart - Transforming Retail with Augmented Realityemmersons1
Augmented Reality presents opportunities for brands across industries, but is particularly interesting in retail; this week, we look how it is beginning to transform shopping experiences.
Retail Technologies and Retail Trends That will Define The FutureRosalie Lauren
Technology will transform retail resulting in the growth of brick and mortar retail. Check Retail Technologies trends that will help retailers survive.
The continued rise in the use of smartphones and connected devices offers marketers new opportunities to benefit from the mobile economy.
We have identified five mobile marketing trends to be aware of.
Explore the trends that will shape the state of retail tech in 2021 and what could be coming next. Take a deep dive into global retail tech investment trends, top initiatives, and more.
How much is poor financial management really costing your wholesale business?Sanderson Group
Wholesale businesses are full of hidden costs. By integrating a wholesale solution, unwanted costs are identifiable and you can see where savings can be made.
The visibility checklist for 3PLs and distribution centres: what do your ware...Sanderson Group
Picking rates and processes are often inadequate in today’s 3PL warehouses and distribution centres. Learn more about warehouse picking best practices.
Why Sanderson for Food and Drink Manufacturers?Sanderson Group
In Why Sanderson?, we examine the root causes of the prevalent productivity hurdles that face modern producers in food and drink, and reveal how Sanderson’s well-refined systems can help you to clear them and reach for new levels of operational efficiency.
In Why Sanderson?, we examine the root causes of the prevalent productivity hurdles that modern manufacturers face, and how Sanderson’s well-refined ERP systems can help you to clear them and reach for new levels of operational efficiency.
How Productive Are Your Manufacturing Competitors?Sanderson Group
Why low manufacturing productivity rates could be crippling your operations – and how technology and upgraded ERP platforms are helping your competitors to boost theirs.
The customer expects more, how fulfilment can deliverSanderson Group
Those in the fulfilment industry are under more pressure than ever before to deliver, this infographic shows how customer expectations are increasing and how they can be met.
Factories of the Future - and What They Mean for Your BusinessSanderson Group
Manufacturing is constantly changing, adopting new processes and technologies to maximise efficiencies and increase productivity. Now, this drive for improvement is taking manufacturing across new frontiers, into the world of Industry 4.0. This is more than a mere buzzword though, Industry 4.0 is already starting to take shape as robots grow ever more intelligent and interconnected, 3D printing gets closer to realising its potential and the depth of detail in analytics continues to expand. This infographic takes a look at these, and other manufacturing trends of the near future and the business benefits they might bring when they reach SMEs.
Production scheduling and planning should be a proactive business advantage - here are some tips on making it happen. Discover how production scheduling and planning could ensure that your business becomes leaner and more profitable.
The Future of E-commerce: first-hands insights.Solvd, Inc.
According to Statista, revenue in the e-commerce market is projected to reach US$4,117.00bn in 2024. New technologies and methodologies constantly influence how the e-commerce market develops and shapes itsthe future of e-commerce. The main questions are in the air: How can we stay aligned with e-commerce business owners and ensure our engineering services meet their evolving needs?
At Solvd, this question prompted a deep dive into the current e-commerce landscape. Our goal was to get information about the future of e-commerce directly from first-hand sources. In the course of our research, we explored:
- Portrait of respondents.
- Current challenges and pain points of the e-commerce industry.
- Emerging trends and upcoming opportunities.
- Human resource allocation for e-commerce projects.
- Solutions and actionable advice for business owners.
- The role of a reliable partner in problem-solving.
Explore, download, and share invaluable insights made by Solvd!
It’s no secret that the marketing landscape is growing increasingly complex, with numerous channels, privacy regulations, signal loss, and more. One of the biggest problems facing marketers today is that they’re experiencing data deluge and data drought simultaneously.
Bliss Point by Tinuti addresses these challenges by providing a single, user-friendly platform for measuring what marketers previously struggled to measure. With Bliss Point, you can move beyond simply validating past actions and instead use measurement to guide real-time decision-making on what should happen next.
Join our product experts for a live demonstration of Bliss Point. Discover how it can empower your brand with the tools and insights needed to optimize each channel, across your entire media mix, and your overall brand performance.
1. What’s the
future of
wearables?
How retailers
should jump on the
wearable technology
revolution
Wearable technology may be niche now,
but it offers big opportunities for retailers
to improve customer experience and
boost sales conversions. Here’s why it
must be taken seriously NOW.
2. Wearable technology; perhaps two words no one
would have imagined sitting together a few years
ago. But wearable technology is increasingly
showing its potential in the retail environment and
big name retailers are already taking advantage.
3. Big business
Those who haven’t even begun
to consider the potential of
connected consumer devices
such as smart watches and the
likes of Google Glass - as well as
other future connected devices
such as smart clothing - stand to
lose out big time.
4. Juniper Research predicts that
wearable technology will represent a
US$19 billion
(roughly £12 billion) industry by 2018.
$$$
5. “They give you niche data that allow
you to speak to customers better
than ever before,” he said.
Google industry retail head John Gillan said in September 2014 that while wearables
have some way to go before really taking off with consumers, the potential they offer
already - particularly for retailers - is huge (as reported by Retail Week).
6. Wide scale use of wearable technology by consumers may not be here yet, but it’s
coming. A survey by IGD in November 2014 revealed that
more than four in
ten (43%) shoppers
said they could envisage using
wearable devices such as smart glasses
and smart watches in the future to shop
for food and groceries.
The future is wearable
7. Six in ten (62%)
said they would be interested in getting
special offers in-store sent to their
wearable device.
1 1 1 1
1 1 1 1
1 1
8. The fact that such
devices are even more
visible to the consumer
than their smartphone
offers huge potential for
brand visibility and the
ability to build in greater
functionality.
9. The most recent addition to the wearable technology stable, following Google Glass and
a number of smart watch devices, has been one of the most eagerly awaited. The Apple
Watch features in-store navigation that will include a technology called haptics – a
technology that will make the shopper’s watch vibrate when they are close to the item
they are after - improving both the customer experience and the likelihood of a sale.
1
10. Retail leaders
Many are already embracing wearables
for value added services. In December
2014, it was revealed that Yves Saint
Laurent is using Google Glass to film
make-up tutorials of customers in-store.
These are then emailed to the customer,
along with product suggestions and
supporting material, for a £30
charge which is redeemable
against product purchases
- offering a huge sales
generator for customers
wanting to replicate the
in-store beauty experience.
11. Tesco just announced a free Google Glass download for customers - which allows you
to add items to your online basket by scanning the barcodes in your fridge or using
spoken commands. The supermarket’s chief information officer Mike McNamara has
already highlighted the potential of wearable technology for staff saying that intelligent
watches, intelligent badges and intelligent clothes could be used in-store within the
next five years. The retailer already has the technology in use with some staff using
smart watches to deal with stock control.
12. At the time of going to press, Google announced that it has stopped sales of
Google Glass to focus on “future versions”. Google is still committed to all existing
developments; so companies such as Tesco and Yves Saint Laurent will still benefit
from their early investment in the glasses.
Similarly, retailers are also using Google Cardboard - the company’s low cost virtual
reality wearable device - to enhance the customer experience and ultimately persuade
shoppers to buy. Virgin Holidays is using the technology in its stores to allow customers
to take virtual tours of holiday destinations while John Lewis used the technology within
its 2014 in-store Christmas advertising campaign. Children were able to enter a virtual
world and interact with the ad’s stars Monty and Sam.
! ! !
13. Next steps
With big names such as Tesco and John Lewis already embracing
wearable technology, can you afford not to consider its
opportunities? Like the once humble mobile phone, the potential
applications are huge. Wearable technology is, it seems, most
definitely not a case of the Emperor’s New Clothes.
Google’s announcement that it is focusing on “future versions”
of Google Glass shows just how quickly wearable technology is
evolving.
Remember:
• Big name retailers are already embracing wearable
technology - are you?
• Wearables offer benefits for driving added customer value,
increasing sales conversions and an improved customer
experience.
• Like the once humble mobile phone, the full potential of
wearable technology is yet to be realised - but will be huge.
14. Wearables are just one channel.
Discover other technological
ways to advance your business by
downloading:
Grow your business to
survive: how to compete
in an omni-channel world
Omni-channel is becoming essential nature in retail, it’s time to grow
if you want to succeed.
www.sanderson.com
Grow your Business to
Survive: How to Compete in an
Omni-Channel World
Omni-channel is becoming essential nature in retail, it’s time to grow
if you want to succeed.
www.sanderson.com
Grow your Business toSurvive: How to Compete in an
Omni-Channel World
Download Now!