Mobilize the store on Cloud

Now that the retail industry is safely past the 2015 predictions and hype, let’s see what enterprise retailers and SMBs are investing to better sales and customer service. Enabling more payment options and integrating EMV before the deadline is the top priority among retailers. The Cloud has never been so sought-after, and the number of retailers migrating to it is only going to rise.

Then, integrated loyalty is one aspect that retailers are seriously investing in. Mobile POS, integrated retailing and better loyalty benefits are points that a retailer can benefit the customer with, and mine valuable customer data alongside.
The thrust is also on to bring technology to the floor for empowerment of Shop-Floor Employee. Along with back-office improvements and Cloud integration, the Mobile POS enabled employee is expected to work as queue-busters, better upsells and an overall enhanced retail experience. In short, 2015 will see the employee becoming the real face of the retail chain.

Mobilize the store on Cloud_Infographics

Cloud-powered retailing in 2015

Achieving competitive advantage in Retail with Cloud

Utilizing applications on the Cloud is the latest buzz across industries and has compelled retailers to evaluate the potential of the cloud to capitalize on the benefits that it offers.

Enterprise LARGE or SMALL are moving quickly to adopt cloud based applications & services that could enhance their competitive landscape.

Retailers have recognized the cloud’s ability to increase business speed & agility, lower costs, enable new means of growth, innovation, and collaboration as the drivers for its aggressive rate of adoption.

The infographic below shares some very interesting statistics that will help retailers extend their business value and advantage, including faster time to market, lower cost of operations and ability to focus on core business.

iVend Cloud Infographic

Infographic – Global eCommerce sales and trends

Multichannel transformation requires adoption of technology that dissolves the boundaries that create an operational divide across various retail touch points. As retailers continue to see rapid shifts in customer demands, competitors’ capabilities and available technologies, the pressure for Multi-channel transformation has reached a tipping point.
Retailers are investing, but it is of prime importance for them to know which capabilities are most important.
The infographic below highlights the new phenomenon observed in Retail indicating that almost one-third of the shoppers of the top 10 retailers whether big or small use smartphones and tablets to make purchases. In a recent event  India’s biggest online retailer Flipkart took just 10 hours to hit its target of $100 million in gross merchandise value (GMV), or the value of goods sold, , when it hosted its Big Billion Day sale

The mobile commerce trend is now picking momentum and empowering customers to engage more with retail sites, apps and transact easily. This calls for retailers to adapt to this ever-changing landscape if they wish to succeed in this realm.

Infographic - Global eCommerce sales and trends