Published By: Oracle OMC
Published Date: Jul 16, 2018
When something’s shattered, can it be stitched back together? With the right tools, yes it can. Discover how you can assemble an end-to-end experience that will blaze a path straight to purchase. Your customers will be hooked.
Published By: UNiDAYS
Published Date: May 21, 2018
Already reshaping politics and the workforce – not to mention the commercial world – Gen Z is an economic force to be reckoned with. Read up on the retail trends they’re instigating in this new report. And get a jump on the competition.
Today’s brick and mortar retailers must tackle myriad challenges in an era of industry
transformation, increased customer expectations and a highly-competitive landscape.
The vast majority are facing these hurdles head-on, with particularly dogged
efforts toward reaching omnichannel excellence: For example, according to Zebra
Technologies’ 2017 Retail Vision Study, 90% of retailers plan to have an omnichannel
practice in place by 2021, through options such as Buy Online, Pick Up in Store (BOPIS)
or Click & Collect.
It has become clear, however, that for these omnichannel efforts to succeed, inventory
visibility and accuracy (ideally 90% or more, according to the Retail Vision Study) is
more important than ever — to provide consumers with the easiest path to purchase and
retailers with the most efficient way to fulfill. Accurate inventory is the foundation upon
which all the other pillars of retail can be built, so retailers can react quickly and make
smart decisions about their busines
Marketing to customers is not as simple as it was 20 years ago. Retailers can no longer rely solely on commercials, catalogs, and newspaper ads to get customers to notice, and buy, their products. Today’s typical customers now follow a much more complicated path to their purchase using search engines, social media, and online reviews. Download this whitepaper to learn today’s retail marketing trends.
To understand why customers make the purchase choices they do, it may be helpful to look rigorously at all the moments that have an influence on their final actions.
This reasoning is the basis of concepts variously called “purchase funnel,” or the “path to purchase” or “moments of truth” by product marketers. It implies a rather linear progression from general awareness to preference to decision to acquisition of a specific product.
The end game is customer success. It’s what we all want to happen. Along the way we’ll do our best to illuminate:
• How did the customer arrive at the best possible purchase outcome?
• What decision moments can the retailer influence along the way?
• What tools can the retailer use exert these influences?
• What actions can the retailer take to bring them there?
Published By: InReality
Published Date: Aug 10, 2015
Consumers are No Longer Predictable, and their Path to Purchase is No Longer Linear…
A decade ago, you had a fairly straightforward understanding of how your customers moved through their path to purchase. It was linear. Predictable. And consistent. But, the rapid increase of mobile and ecommerce channels has diffused the consumer’s journey into a labyrinth of shopping options. And, these consumers are now learning more, engaging faster and expecting greater value, convenience, and hyper-relevant offers catered specifically to their needs. How you respond to this change will either accelerate or isolate your brand from the market.
Published By: InReality
Published Date: Aug 31, 2015
Rapid consumer adoption of digital technologies and online channels has evolved the traditional path to purchase to the point of no return. Now consumers control when, where and how they research, purchase and receive products, leaving brands and retailers struggling to connect the dots between the online, mobile and physical worlds.
Convenience is absolutely critical to succeeding in e-commerce. Any glitches along the path to purchase potentially result in a lost sale. That's one reason we think Apple Pay's new mobile payment feature that uses a fingerprint is going to be a game changer. Its another step in reducing hurdles to online buying. You see it, you select it, you pay with your finger. What could be more convenient?
Not interested in Apple Pay? Or unable to use it? At the very least, make sure customers that shop on multiple devices are recognized, no matter which device they log into. Giving them access to their stored information will make for a much smoother checkout.