ABOUT RETAIL IOT

Retail is experiencing major disruption as the balance of influence shifts to the consumer. Empowered customers, an active competitive landscape, new commitment models, disintegration in the industry, and a developing technology landscape have created turbulent conditions for all players. The key to maintaining leadership lies in making “Meaningful Customer Experiences” and associating with customers at each step of the journey transcending physical and virtual boundaries.

Retailers are embracing IoT solutions through several applications that help in improving store operations, theft reduction, increasing purchases through cross-selling, allowing precise inventory management, and most significant to improve the consumer’s shopping experience. The IoT is allowing physical retailers to strive more strongly against online challengers, recover lost market share and continually attract customers into the store, thus creating easier for them to buy more while saving money.

Evoort’s retail IoT solution allows for rapidly implement required applications for tracking goods with RFID tags, ensuring item's on-shelf availability, utilizing Bluetooth beacons to provide customers with a personalized mobile shopping experience, and setting up digital signage in the store to attract visitors and help them navigate through your products, discounts, and loyalty programs.