Page 32 - March 2023 #179
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RLI RETAIL INSIGHT

                               The Role of Technology

                               in Top Tier Customer


                               Experience



                               David Fuller-Watts, CEO of Mallcomm, explains how digital
                               technology is helping retailers to elevate the customer experience
                               in-store and online.

                      s retailers continue to respond to  changes in  consumer   onto one platform, providing shoppers with information that helps them
                      behaviour and an uncertain economic climate, the need   to plan their visit more effectively, including car parking capacity.
                Ato improve the customer experience has intensified. To
              differentiate in a competitive and challenging market, creating a memorable   A step ahead
              experience is essential and technology has a vital role to play.  Continuously improving the customer experience goes hand in
                With  more  shoppers  spending  time  in  the  digital  world,  the   hand with data monitoring, collection and analysis. There is a vast
              customer journey now begins long before they physically enter a store.   range of technology that can be adopted to understand a customer’s
              This is fuelling the need for more effective omni-channel strategies.   behaviour, their needs and expectations, helping retailers to create
              Consistency is key to this approach, ensuring the customer experience   more tailored services and experiences that build loyalty.
              across multiple channels meets changing needs and expectations.    Artificial intelligence can be used to identify key trends and
                                                                    enable retailers to respond accordingly such as adapting marketing,
              Streamlining journeys                                 merchandising, supply chains and promotions.
                Customers expect the purchasing journey to be quick, simple and   Digital technology can also be adopted to create bespoke, online
              stress free. The same principle applies to the returns process. With   feedback forms, polls and surveys that analyse customer feedback
              online retail significantly increasing the number of returns, creating   and sales data, ensuring retailers get a clearer picture of customer
              more efficiency is essential.                         satisfaction as well as the impact of experiential retail initiatives and
                Technology, including artificial intelligence (AI) is already being used   marketing campaigns.
              to tackle rising returns and costs. Automated fulfilment processes,
              virtual fitting rooms and tailored size advice are just some of the   People first
              initiatives being deployed across the retail industry.  Improving the customer experience relies on people and ensuring
                At the same time, many retailers are proactively encouraging   retail staff are happy and motivated. After the challenges of the past
              shoppers to bring their items back to store to reduce costs. This   two years, engaging workers has become more important than ever
              approach doesn’t, however, remove the need for technology.   before. Technology will never replace good people skills, but it can
              Digitisation can streamline the in-store returns process making it far   help to make their jobs easier.
              quicker and simpler for customers. The use of digital touch-screens is   In shopping centres for example, digitising operational processes
              just one example and for larger shopping centres, there is the potential   such  as  maintenance  or  cleaning  requests,  keeps  retail  tenants
              to adopt a similar strategy, providing shoppers with more flexibility.  productive, saving their time and streamlining management.
                By using a digital platform, retailers can centralise the returns process   Digital tools can also be used as part of wider employee recognition
              for their customers, enabling shoppers to select a preferred time for   strategies, enabling managers to offer online awards that acknowledge
              bringing back their items. This will help them to avoid the queues at peak   excellence and offering the ability to share an employee’s achievements
              periods, removing stress and freeing up time for browsing and shopping.     with the wider team or retail community.
              Keeping connected                                     Standing out
                Another benefit of an omni-channel strategy is that it can help   As customer expectations continue to rise so does the need for
              retailers to build stronger connections with their customers. By   more memorable experiences in retail. In response, technology is
              creating memorable  experiences  both  on  and  offline,  retailers  can   evolving bringing with it a vast range of digital tools that can be used
              boost engagement and loyalty.                         to meet the changing needs of shoppers. From improving connections
                In-store product demonstrations, personal styling, events or offers,   and communication through to more forensic analysis of trends and
              can  all  help  to encourage  customers  back  into  physical  shops  and   behaviours, technology is playing a crucial role in ensuring retailers can
              incentivise sales. But to maximise the effectiveness of this strategy, the   differentiate, boost loyalty and increase sales.
              online experience must match up.
                Customers now demand relevant and accurate information at their
              fingertips. Adopting new technology can meet this need by bringing
              the information that matters the most into one place. This means that
              retailers’ latest news, including details of special offers and in-store
              events, can be communicated to them through a single source and
              tailored to customer demographics.
                This provides a more bespoke experience that extends beyond
              the purchase of goods or services. Customers also have more
              opportunities to engage with the brand and long term, this technology
              can help to foster a greater sense of community across both physical
              and digital spaces.
                Centralising information though digital technology can improve
              the experience in other ways too. It enables customers to directly
              communicate with retailers, helping them to receive a swifter response
              to any queries. At shopping centres, multiple applications can be brought


              34 RETAIL & LEISURE INTERNATIONAL MARCH 2023
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