Posted On: July 13, 2020
The Indian retail industry is one of the fastest growing in the world. It is expected to reach Rs 76.87 lakh crore (US$ 1.1 trillion) by 2020, stated in a report by IBEF. Attracting new customers into business, retaining existing ones, and knowing their requirements better is something that every retailer aims for. Customers are […]
Posted On: June 4, 2020
In a race to become more accessible and omnipresent, retail businesses are elbow deep in adopting cutting-edge technologies. Businesses are now moving towards upgrading their traditional systems to platforms that are smart and can function more independently. This is a win-win situation for organizations: it allows them to increase operational efficiency and at the same […]
Posted On: May 28, 2020
Smart retailing has put the industry into high gear. The benefits Internet of Things (IoT) technology has accelerated its growth. It is continuously finding ways to improve business efficiency of firms to ensure they stay ahead of their rivals. Grandview Research has predicted that the IoT enabled retail market will be worth $94 billion by […]
Posted On: May 28, 2020
Retail is an industry that has grown exponentially over the years. It has been successful in capturing audiences in the brick and mortar setup. It now has a huge market share online as well. India Retailing reports that the country’s retail sector is expected to grow to $1400 billion by 2024, backed by revenues from […]
Posted On: May 26, 2020
The retail industry is seeing rapid transformation with the Internet of Things (IOT). As IOT helps increase customer loyalty, boost sales and offer a personalized experience. Smart devices and IOT in retail help retailers to enhance the customer experience and drive more conversions, altering the day-to-day store operations. IOT in retail and connected technologies are […]
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