Part and parcel to providing customers with an engaging, personalized experience is being able to recognize them when they enter your store. However, according to the report, 27% of respondents are still unable to identify their customers at the POS, and, therefore, are missing out on a huge opportunity to gather shopping and purchasing data that helps drive customer engagement.
One way we’re helping our customers capitalize on this missed opportunity is through the implementation of indoor location technologies, also known as “beacons.” Apple’s iBeacon or Qualcomm’s Gimbal Proximity Beacons, in particular, provide retailers with shopper data that enables them to deliver personalized offers, coupons, advertisements and product info, in order to drive revenue. What’s more, since the price points are relatively low for beacon technology in retail (Gimbal Proximity Beacons are available for as little as $10 to $20 per beacon when purchased in bulk) the ROI can be quickly justified.
In addition, new data uncovered from ABI Research, suggest that indoor location technologies might reach a tipping point this year. According to the latest edition of their quarterly Market Data “Location Technologies,” the number of installations could break 30,000 in 2014 as early adopters enter the final year of the three-year technology adoption cycle -- shifting from trials to full-scale deployments.
Is your business already using beacon technology, or is it on your technology roadmap? Contact us today to learn how we can help you deploy or update your in-store beacon technology.