Retailers Ready for The Internet of Things?
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predicts<%2Fa>Â that%2025%20billion%20connected%20things%20will%20be%20in%20use%20by%202020,%20and%20retailers%20stand%20to%20benefit%20greatly%20from%20these%20connections.%20IoT%20devices%20and%20the%20data%20they%20produce%20have%20particular%20potential%20to%20impact%20how%20retailers%20approach%20everything%20from%20back-room%20functions%20to%20the%20psychology%20of%20shopping%20and%20further%20shape%20the%20rapidly%20transforming%20retail%20landscape%20inside%20and%20outside%20of%20the%20store.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.mytotalretail.com%2Farticle%2Fretailers-ready-the-internet-things%2F" target="_blank" class="email" data-post-id="35111" type="icon_link">
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Overall, there's much speculation on the impact of IoT and retail, and these are just a few of the ways the community is already learning to leverage connected devices and the data they produce. When done correctly, retailers will inevitably once again transform the total shopping experience to deliver improved customer service, make back-room processes more efficient and connect with other "smart" industries (e.g., the connected home), and truly recognize the benefits of the Internet of Things.
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- Companies:
- Amazon.com
Daniel Collins
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