Customer identification key to experience shopping
Enable personalised experiences with the right technology
In the quest for delivering on experiential retail, stores have morphed into things resembling anything from amusement parks to living rooms. And while there is nothing wrong with that – it hasn't done much to personalise the experience.
45% OF LUXURY CONSUMERS WANT PERSONALISED PRODUCTS & SERVICES
45% of luxury consumers are asking for personalised products and services. The answer so far seems to be to put up screens and cameras that consumers can interact with.
Naturally, there is a lot of discussion about this customer-facing in-store technology and its low buy-in from customers, as well as the consumers' apprehension about being recognised. Although that is certainly the case in some instances, most of the time is likely a matter of the retailers not having done their homework on the value and benefits for the customers.
A lot of great in-store services have been enabled through customer-technology interaction, but many of them end up with a low adoption rate unless forced (like self-checkout), simply because they don't make the customers' life easier or better - it just makes the company more cost efficient.
After all, your customers do not need to visit your store to interact with your brand on a screen. And let's not forget that the primary benefit retail has over e-commerce is the staff - the human interaction in the moment of truth.
During checkout it's too late to create personalised experiences
By the time a client is ready to pay it is too late to identify them since you've already lost your chance to truly personalise the in-store experience.
Being able to identify your customers as they walk through the door is a prerequisite for the personalised experience that consumers are starting to expect. How will your retail staff otherwise be able to deliver on this expectation?
Like we discussed in our article "Making your store a VIP destination", your frontline staff need technology support to enable them to deliver their full service capabilities.
At PRE:MIND we focus on technology to support the personal service, rather than to replace it. Feel free to check out how it works or get in touch and let's discuss your unique situation.
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PRE:MIND improves revenue management
Although revenue technology has been around for decades it still supports less than 30% of hotels worldwide. Maybe this is a good thing because the travel industry as we knew it just changed.
Read "PRE:MIND improves revenue management" -
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Facial Recognition and Privacy Concerns
It's easy to discuss whether we should be for or against using facial recognition as a widespread technology. There are benefits on a large scale, as well as definite downsides. At PRE:MIND we see one obvious issue: facial recognition is not within the individual's choice and as such the human loses all control of their own privacy.
Read "Facial Recognition and Privacy Concerns" -
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Human-first interaction technology
Today's consumers can access the world like never before. We can plan our trips through other traveller’s social media posts, and interact with companies around the clock.
Read "Human-first interaction technology" -
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Social progress calls for personalised experience
During most of the 19th and 20th century, the upper class was a homogeneous group—they came from the same residential areas, attended the same schools, lived in one place their entire life, handed their businesses and wealth over to their sons and daughters.
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Making your store a VIP destination
Most average retailers will use location technology to map customer movements in their stores, place items where they're most likely to be seen and send offers, surveys, and ads at the right time. But that's far from enough.
Read "Making your store a VIP destination"