article thumbnail

How to use data to improve customer experience in retail

iVend

iVend Point of Sale (POS) iVend are leading experts in retail point of sale. Read more A point of sale (POS) system is the nerve centre of any retail operation. Cloud point of sale can be accessed from anywhere, is automatically updated and doesn’t have to be replicated across every store.

article thumbnail

The POS top five – the ‘must-haves’ for a perfect POS

iVend

A point of sale (POS) system is the nerve centre of any retail operation. But not all POS retail systems are created equal, and the qualities of your point of sale make all the difference to the level of service you offer your customers and the operational efficiency of your business. billion **.

POS 90
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Consumers Want an Experience That’s Driven by Cloud Retailing – Even if They Don’t Know It

Retail TouchPoints

Fortune 500 companies could generate up to $3 trillion of EBITDA value by 2030. The cloud brings all solutions, spreadsheets, vendors and technical capabilities into a central location to improve control and flexibility. And these functions can be seamlessly incorporated across touch points.

Consumer 245
article thumbnail

IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

from 2023 to 2030. The statistics show that more and more retail businesses are implementing IoT solutions to explore new ways of connecting with customers, boost sales and streamline business operations. Example: Macy’s Macy’s stores brought their sales flow inventory to a new level with RFID tags. Self-checkout.

article thumbnail

Information Overload: Don’t Let Self-Checkouts Become a Chokepoint

Retail TouchPoints

There are many benefits to be gained from self-checkout system implementations, which is why it’s not surprising that the global market is expected to show a 16% CAGR between now and 2030. Clearly, these devices are here to stay, even though they have a few kinks.

article thumbnail

Self-checkouts are here to stay, but retailers shouldn’t leave cash buyers behind in the pursuit of progress

365 Retail

Self-service units can improve shoppers’ checkout experience as they only require part supervision, freeing up staff to do other things. billion by 2030… a CAGR of 13.3 per cent from 2022 to 2030.” The majority of this figure, however, comes not from customer shoplifting but organised retail crime, and a further 28.5

article thumbnail

Technology trends in the retail industry for 2023

iVend

This digital technology in retail stores provides a ‘personal shopper’ service that enhances the customer’s experience and increases sales. between 2022 and 2030 ++. Deep insights – retailers capture a wealth of data; from apps, eCommerce sites, loyalty programs , point of sale and suppliers.