Thursday, December 25, 2008

Digital Will Impact Retail Next Year

Retail will be one of the trend areas and we will see more digital interactive solutions in Retail in the next year. IPG Emerging Media Labs identifies five trend areas to watch next year related to browsers, conversation, transmission, retail and consumer tech.

Even in the depths of a recession, interactive retail solutions will soar in 2009, IPG says. An online experience punctuated by smart signs, interactive mirrors, loyalty programs and other features is enhancing the consumers' and brands' ability to constantly be connected to the Web and each other by mobile phone. Google's mobile bar code reader Zxing enables photography and decoding of barcodes for more product data, and SnapNow provides price comparisons and peer ratings from Amazon.com.

Such real-time shopping assistance is matched by audience measurement on sight in stores to provide more relevant target advertising that more likely results in a purchase.

Check this cool slide deck on what the future could be like for Retail.

Merry Christmas to you all :)

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About Me

Deepak Sharma is a technologist working in Tata Consultancy Services which is one of the world’s largest providers of information technology, consulting, services and business-process outsourcing. While not dabbling in Technology, Deepak is found doing Program Management.
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