10.02.15 -- More On Android Pay

10.02.15 -- More On Android Pay. Retailers must put the shopping

Newsletter | October 2, 2015
10.02.15 -- More On Android Pay
Innovative Retail Technologies
 

In This Issue:

The Digitization Of The Shopper's Journey
Retailers must put the shopping journey and its delivery via mobile at the forefront of customer-facing strategic initiatives.
Guest Column
Workforce Technology Alleviates Task Management Complications
  What shoppers don’t see, but store managers know all too well, is the amount of planning that goes on behind the scenes in order to deliver a reliable customer experience. Whether it’s a local grocery store or a national hardware retailer, all of the products you see on the shelves were produced, packaged, and shipped to that location — then unboxed, displayed, and sold to customers by trained associates.
Today's Highlights
Android Pay Now Live With Retailers
By Christine Kern, contributing writer
A new payment platform aims to challenge ApplePay.
Incentive Comp In Retail: 5 Bottom-Line Benefits
Among all the facets of retailing, employee motivation is one of the most important and manageable factors for success and profitability. A disgruntled sales associate is unlikely to connect well with customers. Retailers looking to increase wallet share and drive desired behavior, such as increased cross sell/up sell opportunities, improved customer service, and customer retention, rely on incentive comp plans and strategies.
Trading Partner Interface Of The Future
The need for effective collaboration using data is increasingly imperative to deriving improvement and financial benefit for both the retailer and supplier. Progressively, many retailers are going after ROI and focusing on the value that data can provide. The increased demand we are seeing in the market for a configurable portal for supplier onboarding, self-service, e-invoicing, PO flip, and dynamic discounting is converging with retail trading partners interest in increased collaboration through a portal.
In Case You Missed It
5 Tips For Tackling Shrink
By Keith Aubele, CPP, LPP
In this era of escalating retail loss and shrink, many companies are evaluating and deploying tools and technology to ebb this disastrous tide. Stepping back from a situation is sometimes necessary to ensure that the proper focus and resources are applied.
Customer Engagement Business Models For SMRs
From evangelizing social media and the importance of a great mobile experience to e-commerce and staying connected in your local community, Craig McCollum, executive vice president of the Americas for Epicor, talks to Erin Harris, editor in chief at Innovative Retail Technologies, about the things small to midsize retailers (SMRs) must do to enhance customer engagement.
Study: 8 In 10 SMB Retailers Not EMV-Ready
By Christine Kern, contributing writer
The EMV transition deadline looms, and retailers aren’t prepared.
Are Smartphones Selling Short Your Profits?
By Doug Montgomery, March Networks
Is your retail loss prevention strategy as up to date as your inventory, services, and marketing? If not, it could be affecting your bottom line. Many companies overlook how newer technologies may impact their loss prevention strategies. Today’s smartphones are a good example. They have emerged as a preferred, and successful, tool of the dishonest. Having a well-defined smartphone policy can help protect your profits.
The Hard Road To Innovation
By Ken Silay, leader in innovation and technology management
No one said innovation is easy, but understanding what innovation is — and what it isn’t — can improve margins.
Featured Product
Returns Services Returns Services
Turn returns into a competitive advantage. Product returns cost money — no one's disputing that. But a flexible returns policy can deliver customer satisfaction and fuel increased sales over time.
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Innovative Retail Technologies (formerly Integrated Solutions For Retailers) delivers the insight retailers need to achieve critical business objectives by integrating pragmatic innovative technology and operations solutions across the enterprise. Subscribe today!
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