A Revolution Of The Retail Sector — Data Analytics

In today’s world, consumers are enabled to buy and shop in completely different ways.

The Retail Industry

With a broad assemblage of dealers and merchandises at the tip of their fingers, customer experience is a fundamental differentiator. Retail has become one of the fastest growing industries. Latest trends are rising and competition is growing, notably in the online market.

The retail aspect looks very diverse today than it did even ten years ago. The way that customers make buying choices has drastically altered — they visit stores, use their smartphones to compare product and price reviews; friends and family immediately pull in on purchasing decisions via social media; and when they’re set to buy, an ever-growing catalog of online retailers cart products straight to them, sometimes even on the same day.

A Shift In Trends

Industry observers have forecasted that these shifts may lead to the end of retail as we know it and that the extinction of brick-and-mortar stores is not far off.

Read full article at : https://retail.tech.blog/2016/12/06/a-revolution-of-the-retail-sector-data-analytics/

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