From Merchant Warehouse, here’s a killer infographic on the value and benefits of in-store mobile commerce. Mobile isn’t just for show-rooming or research in-store – smart retailers will embrace mobile transactions to boost sales at the storefront. Is your store ready? How are you leveraging in-store mobile to actually sell?
From The Wall Street Journal, shoppers are fleeing physical store locations, drastically and consistently. Foottraffic has continued to fall 5% year-over-year for over 12 months.
From Business2Community, here’s an infographic on the mobile in-store shopper, browsing habits, and more:
A new study from the Journal of Consumer Research looked at how differing pricing strategies impact where customers decide to shop. A key takeaway: customers will visit storefront they believe are cheaper most of the time.
Via Kobie, 2014 will be the year of loyalty programs that seamlessly span online and brick-and-mortar. What is your organization doing to improve your loyalty program for a changing shopper?
We’ve talked about customers wanting a new storefront, and technology is rapidly bringing that to market. Over the next five years, the low-energy bluetooth/iBeacon industry will have 60 million+ units in the market. While there’s a major push for this tech in smart home tracking, retail will be the most valuable sector. From TechCrunch: However,[…]
During the LAUNCH Beacon conference, Lord & Taylor SVP Ryan Craver sat down with Jason Calcanis for an episode of TWiSt. Video is definitely worth a watch, with some great stats like 11.5% of non-auto U.S. retail sales is generated from online ONLY retailers; that’s growing at a fast rate. Take a look, and share[…]
Via Accenture, shoppers are planning to shop more in-store in 2014 – and they’re expecting a better in-store experience.
Retailers already feel massive impact from Amazon, turning their storefronts into showrooms. But will the Amazon Fire smartphone make matters even worse? If you’re managing a physical retail location, Amazon’s new Firefly app should be a major concern. How does it work?
Want to learn more about the retail industry? Presented by Nyopoly, the State of Retail 2014 webinar looks at pricing pressure, changing consumers, the struggle of the storefront, and more. This *free* webinar is 30 minutes of info-packed review, best practices, and Q&A. If you’re a retail professional, involved with a storefront, or just curious[…]