If brick and mortar retail is to survive, retailers can’t just sell technology, but they must use technology in new and smart ways. Plus, it can’t be gadgets for the sake of gadgets, but must help customers in measurable ways. What that looks like is continued to evolve. It might be installing iPad stations where shoppers can browse (and hopefully buy) products that they can’t find on the retail floor. It may be putting up…
Apple welcomes customers to its first store in Taiwan in July. Photo courtesy: Apple Is retail dead? This became the crux of the matter when I found myself invited to pitch in front of a leading retailer at the Advanced Technology Development Center (ATDC) at Georgia Tech. It was an exciting opportunity that was dulled when the name of the retailer was revealed. They are losing market share to Amazon, the big elephant in every conference room…
Crystal Hanlon Photo courtesy: The Home Depot It was nice a Sunday evening at Orlando Florida. Our company, Smart Gladiator, was one of the Start-Up Technology companies that was selected to represent the Georgia team in the Retail Industry Association (RILA) Retail Supply Chain Conference 2017. The conference was full of educational sessions. Not just a source of subject matter experts discussing the major trends, the event was a great way to network and learn from…
In 1997, I had a half-day training with the leader of the multinational company I had just joined in Bangalore. He started with a story from Steven Covey’s book, The Seven Habits of Highly Effective People about paradigm shift: One morning on a subway in New York, people were sitting quietly – some reading newspapers, some lost in thought, some resting with their eyes closed. It was a calm, peaceful scene. Then suddenly, a man and his…
It is very easy to look at the adversity, see only doom and gloom and give up quickly. However, real winners see the opportunities behind the challenge. It may be tempting to assume that e-commerce is the new reality, but I believe retail sales still have promise. Let me share a story. Once, a gentleman had a beautiful bone china cup in which he would enjoy his tea, while reading his books. He relished the…
1. Increases EPP, using budgeted line items.
Millennial friendly technology, less onboarding time, very easy adoption – touch screen keypad, and 43% of Millennials already use IOS, familiar with Facetime, 85% of Millennials aged 18-24 own devices and 86% aged 25-34 own them, consume a lot of video on their smartphones, and are highly comfortable with this medium, they understand and like apps.