With online shopping growing in popularity, retailers need to come up with new ways to keep their customers engaged to drive sales.
Retail stores are no longer just competing with other neighboring shops. Consumers can shop for virtually anything from the comfort of their own homes or even on the go from ecommerce shops.
If your retail business can’t adapt to new technology and the latest trends, you’ll struggle for survival in the coming years.
Beacon technology is definitely something your business should consider using. While the term may sound futuristic and complex, it’s actually quite simple.
You’ll be using beacons to track your customers, similarly to GPS. Although beacons and GPS are often confused and associated with each other, they’re not the same.
GPS technology needs three major components to work:
satellites
ground stations
receivers
Receivers, such as a cell phone or a car, send signals to satellites that calculate the distance between each one. As a result, these calculations can pinpoint exactly where the receiver is located.
Beacons are far less complex.
These devices are small and not very expensive. They run on battery power.
Instead of broadcasting their locations to multiple satellites, beacons simply share their locations with devices capable of receiving their identities.
It’s easy to install beacons throughout your retail store locations. Implementing this technolo… Read More