Featured RAMP Content
-
The Roadmap To Retaining Loyal Subscribers While Convincing Skeptical Shoppers
8/8/2022
When it comes to retailer subscription services, consumers are split on their opinions. Some shoppers appreciate the convenience of subscriptions, while others worry that subscriptions limit their purchasing control.
-
Want To Beat The Big Quit? Invest In Your Frontline Teams
8/8/2022
Retail and hospitality workers remain loyal — but employers need to show they care
-
The Modern Store: The Key To Convenience For Tomorrow's Shopper Here Today
8/1/2022
The term digital nomads often comes up as a significant transformation in human behavior relating to hybrid work, lifestyle, travel, and the growth of a gig economy, magnifying the strategy surrounding retail’s evolution of capturing consumers and their buying behavior.
-
Retail Futures: How To Harness Data To Revolutionize Inventory Management
8/1/2022
COVID-19 lockdowns accelerated a shift to online shopping that was already well underway. According to the Adobe Digital Economy Index, consumers now spend an average of $6.7 billion online each month on groceries, up from $3.1 billion pre-pandemic. Adobe expects the category to reach an annual figure of $85 billion in 2022.
-
5 Considerations When Selecting An Order Management System
7/25/2022
Customers today expect to be able to make purchases on their preferred channel, be it online, marketplaces, social media, stores, etc. In fact, 40% of customers are ready to discard a purchase if they cannot do it on their favorite channel.
-
The Growth In Physical And Digital Shopping Means Retailers Must Deliver Omnichannel Excellence – Here’s How
7/25/2022
After an industrywide shift to digital channels, the post-lockdown bounce back of physical shopping has left the barriers of digital vs. physical well and truly blurred. Never before has an omni-channel shopping experience been so important. Forward-thinking retailers must tackle the change head-on, using event-driven architecture to deliver real-time products and services, any place, any time, or via any channel. The importance of event-driven architecture to deliver true omni-channel excellence has reached new heights – it will put customers at the center of every transaction.
-
eCommerce: 3 Steps For Fraud Prevention
7/25/2022
From shopping for clothing to online-gaming purchases, eCommerce is redefining consumerism in a way that has taken the world by storm. Along with the emergence of faster, more efficient delivery services, eCommerce offers customers a seamless, on-demand alternative to brick-and-mortar stores that they can easily access and enjoy from the convenience of anywhere, using mobile devices or tablets. From 2011 to 2020, however, global payment fraud tripled from $9.84 billion to $32.39 billion, leaving consumers wary about allowing online sellers access to their payment credentials.
-
Technology Trends Dominating Retail In 2022
7/21/2022
The statement that lockdown and the COVID-19 pandemic became the reason for e-commerce growth is valid. Indeed, the global share of online retail raised in 2020. The United Nations Conference on Trade and Development proves that an additional 26.7 trillion dollars earned are calculated for 19% of all retail sales. After the market learned the rules of a new reality and the need for digitization, the business became calmer, and entrepreneurs felt more confident. Although 2022 brings new challenges, there are new techniques to overcome them. Read the latest retail technology trends below!
-
Top Retail IT Issues Getting In The Way Of Retail Workers And What To Do About Them
7/18/2022
As technology has become front and center in life and business, it is easy to see how it has reshaped today's retail landscape. Digitized consumer interactions find customers demanding first-rate operations for both online and in-store experiences. Simultaneously, frontline and digital workers live in a new reality where technology drives their day-to-day interactions and productivity.
-
2D Barcodes: The Future Of Point-of-Sale?
7/18/2022
It has been 40 years since U.P.C. barcodes debuted in the retail industry, and they are starting to show their age. Practically synonymous with price checks at the grocery store, the venerable Universal Product Code (UPC) has been the industry standard for product identification. However, a new type of barcode is starting to gain traction in the market: 2D barcodes. Debuting in automotive production to track the components used in cars, 2D barcodes add a whole new dimension and layers of data, information, and connection to a scan. These include several types of barcodes such as QR codes, DataMatrix, Aztec Code, and so on. GS1 US, the not-for-profit organization responsible for administrating the Universal Product Code (U.P.C.) barcode, is calling for the industry to make a transition to 2D barcodes by 2027.