We’ve compiled a list some of the most prominent companies providing IoT solutions to consumer retailer brands. Let’s take a look: 1. Qliktag Qliktag IoT Connected Smart Products Platform allows brands and manufactures to assign a QLIKTAG or internet identifier to everyday consumer products and allows them to participate in the Internet of Things. Enabling […]
Product recalls owing to faulty batches of products, defective parts, contaminated batches and other defects hurt just about every manufacturing sector and cause often massive losses. Not only does the recall process cost companies big bucks, it impacts the brand credibility amongst consumers. According to the Grocery Manufacturers Association in the US, the financial impact […]
Automation has replaced the human effort of executing business processes. The latest report published by private sector think-tank McKinsey Global Institute (MGI) which assessed the effects of automation in various socioeconomic environments, suggests that 30% of the Earth will be automated by 2030. With AI and VR systems taking over nearly all industry sectors in recent times, […]
Counterfeiting is a major concern for brands. Companies lose billions of dollars in revenue and consumers also suffer the consequences in situations where they are unable to verify themselves or their ownership over products. “The Organisation for Economic Co-operation and Development (OECD) estimates the annual value of international trade in all counterfeit goods at $200 […]
The Store of the Future is Here: AmazonGo
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No lines, No Checkouts, No Registers – Welcome to Amazon Go. Seattle, US: Amazon’s vision which incepted almost four years back has been steadily coming to life. The retail giant opened their cashier-free store in Seattle, on Monday. After a year-long testing phase, the store is now finally open to customers. Amazon has successfully weaved […]
So what is Extended Merchandising™? Well, first off, merchandising in its purest form is all about the “product”. Physical in-store merchandising is about making products look attractive, bringing out the best part of the packaging and kinda of showing off your product, so to speak! In its purest form, it’s giving that product the edge […]
Macy’s, one of America’s most popular retailers, became among the first movers to deploy Apples much talked about iBeacons as a pilot program to create a unique in-store experience for their consumers. According to the reports on GigaOm, the one and a half decade old retail store partnered with a technology startup to install iBeacon […]