Advertisement

A successful business is always looking to reduce operating costs, and this applies as much to retail as it does in any other sector. Though all businesses understand this necessity, a rapidly evolving set of modern technologies can make it easy to get left behind. Look to the cutting edge, however, and it’s possible to find enormous savings in time and resources, to give you and your staff more time with the truly important things.

Automate Help Systems

A huge development in the world of technology you’ve probably heard about is artificial intelligence, specifically in programs like ChatGPT and Bard. These essentially work as improved versions of the chatbots used on websites for years, and their new capabilities go far beyond what older systems could handle. Now released to the public, businesses need to keep a close eye on when such systems become available for retail implementation, as each question answered by a bot is one that didn’t need the time of staff.

- Advertisement -

Also important for these programs is a logical layout of your policies, stock, and prices online. The simpler and broader your offerings, the better chatbots will become at relaying that information to users, so while it might be tempting to get artistic with it, a simpler approach can be key.

37530935671 2024f270c2 c


🏆
The 2024 Creative Retail Awards are open for entries.

The Creative Retail Awards are much more than a mere accolade; they represent the pinnacle of achievement in the retail industry. Garnering a nomination or winning one of these awards is a testament to innovation, excellence, and leadership. 

www.creativeretailawards.com


 

Rely on Apps

Every modern retail store needs a solid online presence, and taking this idea a step further through real-time updates to online systems is an often overlooked feature that many customers appreciate. Through the creation of an online map of your store, and an accurate list of stock numbers and prices, customers can instantly find what they’re looking for, avoiding the necessity of distracting staff.

Online maps and updated information can also be useful for customers who prefer to keep to themselves while shopping. One study from HRC Retail Advisory found that 95% of customers wanted to be left alone while shopping unless they needed direct help, and proper online services like maps are a great way to facilitate this reality.

Streamline Daily Necessities

There are some parts of running a retail store, like cleaning, that can never be overlooked. Improving in this regard starts with streamlining the cleaning direction and setting out a logical framework, but beyond this point, it’s the technology that matters most. For example, modern 24 hour disinfectant systems can cut what used to be multiple cleaning sessions a day into a once-a-day process. The right systems here can continue to kill 99.99% of germs over 24 hours, and offer compatibility with most commonly touched surfaces like doorknobs, handles, and countertops. Every saved clean is more time for other duties, so this simple step shouldn’t be overlooked.

5385767057 623afb4ebf c

Advancing your business with these technologies will require research, and setup time, as an important step forward in business requires. Put in the effort, however, and the number of hours saved will quickly add up, providing opportunities to explore ideas you’d never have time for otherwise. The sooner you start the further you’ll get, so don’t overlook what newer tech has to offer.

Content Director at 365 Retail | Website | + posts
Advertisement