Future of Retail

With competition from eCommerce stores growing the brick and mortar stores have seen steady decline in traction. Can they compete with eCommerce giants and if so how? The good news is that In fact, in 2020, more than 80 percent of U.S. retail sales will still happen within the four walls of a store*. What the brick and mortar retail stores need to do is to reinvent themselves to stay relevant in the future. New technologies and convenience driven systems seems to be the answer. At Arizon Digital we use technology to reimagine and redefine stores of the future for the digital age. These stores will offer a seamless online to offline integration. Technologies like Augmented reality for visual navigation, tactical promotions, and virtual fitting rooms bring the digital world into the shopfloors resulting in better customer experience, more sales and eventually loyalty.

Our technology solutions include voice controlled shopping assistant, BOPIS - option for customers to place order online and pick up in store to avoid shipping charges, BORIS - buy online and return in store, cashierless check outs etc

*Source: https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/the-future-of-retail-how-to-make-your-bricks-click