Personalising the retail experience

01.08.2012

6) What are the latest trends in retail that support the move to proximity awareness and analysis?

Presence sensing and analytics comes more into focus as demonstrated in a report by publication Chainstoreage.com indicating that shoppers who used a mobile device in-store are six percent more likely to make an in-store purchase.

Retailers who employ a Proximity Awareness and Analytics solution leverage this surge in mobile devices by identifying customers and using rule-based push notifications such as personalised greeting messages and coupons. Such personalised service would lead to positive interaction and stimulation for the consumer, and ultimately, for the retailer, a positive purchasing decision.

As competition for customer spending intensifies, retailers should look at strategies to attract, retain and increase customer conversion. Analytics solutions can help retailers formulate the right loyalty-based programme designed to enhance customer lifetime value.

7) What are the boundaries retailers should be aware off when collecting shoppers' data?