{"id":4506,"date":"2019-11-30T15:03:03","date_gmt":"2019-11-30T13:03:03","guid":{"rendered":"https:\/\/www.dazzlepop.net\/site\/?p=4506"},"modified":"2019-12-10T13:30:40","modified_gmt":"2019-12-10T11:30:40","slug":"the-top-10-technology-trends-in-retail-how-tech-will-transform-shopping-in-2020","status":"publish","type":"post","link":"https:\/\/www.dazzlepop.net\/site\/the-top-10-technology-trends-in-retail-how-tech-will-transform-shopping-in-2020\/","title":{"rendered":"The Top 10 Technology Trends In Retail: How Tech Will Transform Shopping In 2020"},"content":{"rendered":"
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Technology is changing the way every industry does business<\/a> by helping to create efficiencies, save money, and provide better products and services. Retail businesses are also adopting technology<\/a> to their advantage. Here are 10 of the top tech trends that will transform shopping.<\/p>\n\n\n\n

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The Top 10 Technology Trends In Retail: How Tech Will Transform Shopping In 2020ADOBE STOCK<\/figcaption><\/figure>\n\n\n\n

Extended Reality<\/strong><\/h4>\n\n\n\n

Virtual and augmented reality offer retailers several ways to enhance the customer experience. From browsing products to virtually \u201ctrying them on,\u201d extended reality<\/a> is already in use by many retailers today. Teen surf and sports clothing retailer Tilly\u2019s<\/a> offered its customers a back-to-school scavenger hunt experience that helped their customers explore different clothes and accessories. Extended reality can also provide additional information for customers when they are browsing for products such as the \u201cLiving Wine Labels<\/a>\u201d from Treasury Wines Estates. The IKEA Place<\/a> ARKit app helps you determine if the furniture you want to purchase will fit and look good in your home. In the future, extended reality will eventually enable consumers to be able to share their virtual reality shopping experience with others.  <\/p>\n\n\n\n

Predictive Analytics (Big Data) <\/strong><\/h4>\n\n\n\n

Retail organizations have never had an issue collecting lots of data, but analyzing it and using the data to solve problems or create new solutions has been a struggle. Predictive analytics<\/a> changes that. Now retailers can be proactive about the future by analyzing consumer behavior and trends from the past. When retailers successfully analyze data, they are able to understand important information about consumer purchasing behavior, personalize the shopping experience, address a consumer’s needs based on where they are in the customer journey, improve efficiencies and reduce costs of supply chains and more. Predictive analytics helps retailers be smarter, more efficient, and reduce costs.<\/p>\n\n\n\n