Investing in a new system or technology is never easy, especially if you’re an alien to said new tech. However, the world is changing, and so does the retail environment and customer behavior. Brick-and-mortar businesses have to stay in shape and become more flexible than ever, or else they start lagging behind all the changes,…
Time is a precious commodity in today’s fast-paced world of modern business, and every extra minute spent waiting in line can be costly, both for the customer and the business owner. According to The Market Research, most shoppers abandon physical queues in less than five minutes. On top of that, they’re less likely to return…
The retail industry is becoming more and more competitive by the day, and no industry is safe from changing visitor behavior. Your average shopper nowadays is more educated than ever —in the sense that they know what they need and want— meaning supermarkets and grocery shops must learn to adapt and leverage new technologies to…
Younger generations and less religious than the older ones. This isn’t an educated guess; it’s a fact that’s backed up with objective data based on numerous research and studies. We are not talking about Gen Z or Gen Alpha alone, either. The decline in church attendance is noticeable from young adults to middle-aged people. The…
Whether it’s tracking student attendance in classrooms, monitoring the utilization of common areas, or keeping a close eye on staff and students to ensure their safety, people counting sensors provide valuable insights that can help any educational institution. In the world of education, data is everything. Educational institutions such as universities and other schools need…
The last decade or so has shown us how smart buildings can and have transformed the way we think about the places where we live or work. Smart buildings come with all kinds of automated systems and use machine learning to optimize energy usage and enhance security and safety at home and work. These technologically…
AI-powered technology has come a long way, but this is just the tip of the iceberg. There’s a lot more to come, but these advancements shouldn’t be treated like some sort of boogeyman, as many retailers do. They’re here to empower your business and help you optimize your operations based on how customers interact with…
In the aftermath of disasters such as earthquakes, fires, and others, understanding the occupancy levels of buildings, both before and after the disaster, is extremely critical. Emergency responders can act quickly and more efficiently if they have in advance knowledge about the number of people who may be trapped or in need of assistance in…
After a long pandemic hiatus, returning to in-person events is now more important than ever if you’re in the retail business. One such event is EuroShop, where industry leaders and decision-makers can interact, network, and benefit from the collective knowledge of the retail industry and discover new technologies to empower their businesses. EuroShop is Europe’s…
While online shopping is ever-growing, most retail sales still transpire in physical stores. Launching marketing campaigns and promotions via third parties or at your storefront can drive more shoppers into your establishment, but you can also increase your conversion rate and maximize your sales with in-store efforts. However, going in blind and not collecting any…
