SUBAJ Press News
Nov 7 · 2 min read

Augmented reality shopping and the future of Retail

With 30% of all products ordered online now being returned, we explore how augmented reality shopping is transforming e-commerce by helping online retailers to reduce the growing cost of returns whilst also providing their customers with a more engaging and convenient way to shop through their mobile device.

„The biggest challenge facing online retailers is the rising costs of returns.“

Today’s increasingly mobile-first consumers are well versed and experienced in online shopping – they know how to get the most out of their shopping experience, frequently at the expense of online retailers. With customers buying and returning an average of three items per month, the cost of returns is skyrocketing. In the UK, returns are estimated to cost businesses in excess of £60bn each year, putting huge strain on retailers of all sizes.

With 51% of retailers saying their margins are being squeezed by the pressure of processing ‘free’ returns, and yet 85% of consumers expecting retailers to provide returns for free, something needs to change.

The Solution:

SUBAJ Retail-AR Commerce Enterprise solution for Brands, Industries, Merchants, Retailers and Businesses provides a suitable way to engage the consumers more and actively satisfy their Decision-Making process therefore reducing the Return-Back product-ratio.

Combining Augmented Reality, Artificial Intelligence, Blockchain based Loyalty Tokenization , Social Gamification and GeoDrop Technology, Online Retailers and E-Commerce Shops can uniquely create a new satisfactory experience tailored to individual customer shopping needs and requirements while displaying realtime interactive Product experience geered to instant engagement and instant payment.

Using either the SUBAJ App or the SUBAJ Retail AR Commerce SDK embedded into their own Native App, Online Retailers, Brands, Merchants can enable instant interaction and realtime engagement with their digital products anywhere anytime.

The SUBAJ iVisio AR Smart Eyewear also offers instant realtime display and interactiveness with Online Products, Retailers Products and Contents.

View SUBAJ Demo via our YouTube Channel: https://www.youtube.com/channel/UCtd7rp1hJ5v0AU1-vIZ4aRQ

Website: https://www.subaj.com

Token site: https://token.subaj.com

SUBAJ Press News

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