62 results on '"retail technology"'
Search Results
52. A multi-method approach to examining consumer intentions to use smart retail technology.
- Author
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Fazal-e-Hasan, Syed Muhammad, Amrollahi, Alireza, Mortimer, Gary, Adapa, Sujana, and Balaji, M S
- Subjects
- *
CONSUMER attitudes , *INFORMATION technology , *INTENTION , *SALES personnel , *SHOPPING , *SURVEYS , *PATIENT participation , *STRUCTURAL equation modeling - Abstract
This study examines the antecedents and consequences of customers' intentions to use smart retail technology (SRT), specifically Smart Retail Carts. We propose that perceived novelty, perceived efficacy, perceived compatibility, and perceived risk of SRT determine consumers' intentions to use SRT, which, in turn, influences their shopping value through and interaction with this SRT. Survey responses from 338 actual shoppers with prior experience of SRT were used to test the research model. In addition to structural equation modeling (SEM), the Fuzzy-Set Qualitative Comparative Analysis (fsQCA) technique was used to analyze the data. SEM analysis enabled us to investigate and hypothesize relationships among the above factors, while fsQCA helped develop configurations of factors and find the appropriate target consumers of SRT. The findings posit perceived novelty, perceived efficacy, perceived compatibility, and perceived risk of SRT as antecedents to, and shopping value through SRT and interaction with SRT as consequences of, customers' intentions to use SRT. Moreover, the study found configurations of factors, such as perceived novelty and perceived compatibility, resulted in improved intention to use this form of SRT. The present study offers a better understanding of consumers' intentions to adopt SRT that may help managers to develop adoption strategies for successful implementation of SRT in-store. • This study examines the antecedents and consequences of customers' intentions to use smart retail technology (SRT). • The work employs SEM and fsQCA techniques to add robustness to the research. • Perceived novelty, efficacy and compatibility are antecedents to customers' intentions to use SRT. • Perceived risk of SRT reduces customers' intentions to use SRT. • The study found factors, such as perceived novelty and perceived compatibility, resulted in improved intention to use SRT. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
53. Digital atmosphere of fashion retail stores.
- Author
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Kim, Ha Youn, Lee, Yuri, cho, Erin, and Jung, Yeo Jin
- Subjects
ATMOSPHERE ,RETAIL industry ,RETAIL stores ,CONSUMER behavior ,FASHION - Abstract
This study sheds light on a prominent issue in retailing: how the digital atmosphere can affect the consumer decision-making process in a fashion retail store. Digital devices and services such as digital screens and digital signage are widely employed in fashion retail stores, transforming the way consumers make decisions about purchasing fashion products. This research investigates how the digital atmosphere affects consumers' purchase behavior patterns based on the attention-interest-desire-search-action-share (AIDSAS) model. The findings show that attention is a key antecedent to interest, desire, and behavioral responses (search, action, and share) triggered by the digital atmosphere. The findings further suggest that attention has significantly positive effects on consumers' purchasing patterns of utilizing the digital atmosphere in two types of fashion retail stores: sports and luxury stores. However, we find that these positive effects are more pronounced for sports retail stores than luxury retail stores. This research contributes to understanding consumer behavior related to the digital atmosphere of fashion retail stores by applying the AIDSAS model and helps uncover the stepwise relationships between attention to the store atmosphere-interest/desire and the products-behavior response. These findings have practical implications that can be applied in the fashion industry. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
54. Retail technology: a challenge on shopper oriented perception
- Author
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Yıldırım, Figen, Çengel, Özgür, and Fakülteler, İşletme Fakültesi, Uluslararası Ticaret Bölümü
- Subjects
Mobil Alışveriş Uyumu ,Mobile Shopping Adoption ,Perakende Teknolojisi ,Retail Technology ,Omni Channel Retail ,Çoklu Kanal Satışı - Abstract
1st International Conference on New Trends in Communication Küreselleşmenin etkisi ile gittikçe gelişen perakende sektörü, teknoloji kullanımını entegre ettikleri uygulamalar ile yepyeni bir görünüme bürünmüştür. Değişen tüketici tercihleri sonucunda müşteri beklentilerini karşılamaya çalışan firmalar, bir taraftan maliyetleri düşürücü akıllı sunumlar çıkartmaya yönelmiştir. İstikrarlı bir rekabet avantajı yaratmak sözkonusu yeni teknolojileri etkin bir şekilde kullanabilmek ile mümkündür. Tüketici “en yeni teknoloji”, “en son geliştirilmiş” sunumlardan etkilenmektedir. Perakendeciler sadece yeni müşteri elde etmek için değil; var olan sadık müşterilerini de koruyabilmek için teknoloji kullanımını etkin bir şekilde uygulamaktadır. Bu çalışmada son dönem yeni teknolojiler ile karşı karşıya kalan müşterilere yönelik perakende yöneticilerine tavsiyelerde bulunup, bu çerçevede yön çizmek amaçlanmaktadır. Yeni teknolojilerin kullanımında etkin olmayı başaran bir perakendeci sadece satışlarını arttırmakla kalmayıp alışverişçi odaklı bir yaklaşımla tüketicilerinin satınalma sonrası tatminlerini elde etmiş olacaktır. Omni-channel uygulamalarının desteği ile bütünleşik pazarlama iletişimi başarılı bir şekilde oluşturulmakta, perakendeciler yeni teknolojileri her alana adapte edebilmektedirler. In terms of globalization, it is obvious to reveal that retail industry is being reshaped in the context of technological advances. In this globe, consumer preferences are also changing and companies are spending the most effort in meeting the needs of the consumers while reducing the cost of operation on the company side. In the concept of sustainable competitive advantage in retail industry, it is adviced that new Technologies should be revealed and used. In this sense, the consumers should be motivated as a means to use the newest and most advanced technologies. Retailers, by using and implementing the newest technologies not only increase the number of consumers but also they succeed in keeping loyal consumers by meeting the needs of the consumers. This strategy ends up in reduced cost of operations while inceasing efficiency on the consumer side. In this study, managerial implications are being discussed towards consumers that face new technologies. If companies may adopt efficient retail technologies, they not only increase their sales through extended technologies, but also they become shopper centric thereby they maight possibly offer a value to the consumer in order to compete well. With the support of omni channels, retailers may well engage in integrated marketing communications. Especially, new technologies well contributes to this process.
- Published
- 2017
55. Modern technologies in retailing
- Author
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STEHLÍK, Martin
- Subjects
maloobchodní technologie ,retail technology ,business ,informační terminál ,trade ,samoobslužná pokladna ,cashback ,self-checkout ,weighing system ,obchod ,information terminals ,contactless payments ,vážící systém ,bezkontaktní platby - Abstract
The bachelor thesis is focused on modern technologies in retailing. In the beginning is an introduction, than are described selected technologies. Last of all is carried out an analysis of useres experiences with modern technologies in retail stores via a research. The research on this topic is carried out by putting specific questions related to the aims. On the basis of the research conducted I offered some suggestions which relate to an expansion of the self-checkout systems and its promotion as well in a chosen retail store.
- Published
- 2017
56. The shopper's path-to-purchase is paved with digital opportunities
- Author
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Willems, Kim, Van Kerrebroeck, Helena, Brengman, Malaika, Krüger, Antonio, Business, and Faculty of Economic and Social Sciences and Solvay Business School
- Subjects
sensory-enabling technologies ,retail technology ,shopping experience ,Business, Management and Accounting(all) ,digital marketing ,virtual reality ,Other ,Pervasive Computing ,Psychology(all) ,Technology and computer application - Abstract
This talk presents an overview of how on- and offline retailers can learn from each other and how technology is key in searching for sustainable competitive advantages. First, we focus on bricks-and-mortar retail technologies by conducting a two-dimensional analysis, namely according to the stage in the path-to-purchase when a technology is likely to prevail, and with respect to the type of customer value it mainly offers (e.g., utilitarian vs. hedonic). Second, we address a major shortcoming in online retailing, namely the lack of physical inspection (or even trial) while shopping online, resulting in higher perceived risks and ultimately also contributing to online shopping cart abandonment. In particular, we shed a light on sensory-enabling technologies (SETs) and other compensatory measures that can assist online retailers in solving or alleviating this problem. We conclude with a research agenda for both HCI- and marketing researchers, on both on- and offline retail technologies.
- Published
- 2015
57. Benefits and Risks of RFID Technology in Retail from the Younger Consumers'Point of View
- Author
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Knežević, Blaženka, Delić, Mia, Cegnar, Matija, and Segetlija, Z. and coop.
- Subjects
RFID technology ,young consumers ,retail technology ,supply chain - Abstract
Radio frequency identification technology (RFID technology) is one of the rapidly growing technologies with a huge potential of application in retail supply chain. Numerous research papers claim that RFID technology can have enormous positive impact on business processes in supply chains: (1) due to the real time items tracking, they have a positive impact on inventory management, (2) “smart labels” improve automatic identification in warehouses and outlets and brings the idea of “smart shelf” into the practice, (3) shelf stocking and in-store product replenishment is becoming more efficient, (4) business forecasting in the field of inventories and stocks is applying the real-time quantities, (5) there are numerous advantages in the check- out procedures starting from the reduction of consumers’ time and effort spent at the cashier desk throughout the increased productivity of employees within the store (6) it reduces overhead costs by improving shipping and receiving procedures and by eliminating the human error out of supply chain administration activities. Nonetheless, the introduction of RFID technology into every-day retail activities rises up numerous issues regarding privacy and ethics of its usage. Firstly, this paper, based on secondary data, gives a critical overview of benefits and risks of RFID technology observed and explained by other authors. Secondly, upon the critical overview, the questionnaire was created and a primary research was done on the sample of younger consumers in Croatia in order to explain how they perceive advantages and disadvantages of introduction of RFID technology in retail and every-day life.
- Published
- 2015
58. Retailing of the future: Can on- and offline enrich each other?
- Author
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Willems, Kim, Krüger, A., and Business
- Subjects
hci ,retailing ,retail technology ,sensory enabling technology ,consumer behavior - Abstract
This talk presents an overview of how on- and offline retailers can learn from each other and how technology is key in searching for sustainable competitive advantages. First, we focus on offline retailing. The unprecedented rise of online shopping has implications for bricks-and-mortar retailing. This talk presents an overview of how digital opportunities can augment the shopper's in-store experience, along and beyond his/her path-to-purchase. A systematic literature review of the ACM database results in an encompassing inventory of retail technologies that can offer traditional retailers with a basis for differential advantage. This inventory is discussed in terms of (1) stage in the path-to-purchase when the technology is likely to prevail, and (2) type of customer value it mainly offers (e.g., utilitarian vs. hedonic). Second, we address online retailing. After all, e-commerce is still not uniformly adopted by all shoppers nor to the same extent in all product categories. A major shortcoming is the lack of sensory input while shopping online, leaving shoppers with substantial perceived risk, which in turn can result in online shopping cart abandonment altogether. A systematic ACM literature review sheds light on what sensory-enabling technologies (SETs) exist, that may help online retailers to augment the shopping experience online. This pool of SETs is translated into potential specific marketing applications for online retailers. We conclude with a research agenda for both HCI- and marketing researchers, on both on- and offline retail technologies.
- Published
- 2014
59. ES Research Day
- Author
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Lauriers, Randy and Business
- Subjects
retailing ,retail technology ,shopper marketing ,path-to-purchase ,customer value - Abstract
This study focuses on innovative ways to digitally instrument the servicescape in bricks-and-mortar retailing. In the present digital era, technological developments allow for augmenting the shopping experience and capturing moments-of-truth along the shopper's path-to-purchase. This article provides an encompassing inventory of cutting-edge technologies resulting from a systematic screening of three secondary data sources, over 2008-2014: (1) marketing literature, (2) retailing related ICT publications, and (3) related business practices (e.g., retail labs and R&D departments). An affinity diagram approach allows for clustering and categorizing the technologies in terms of (1) type of customer value that they offer, and (2) stage in the path-to-purchase they mainly pertain to. This in-depth analysis results in a comprehensive inventory of innovative retail technologies that allows for verifying the suitability of new technologies for targeted in-store shopper marketing objectives. The article concludes with a research agenda.
- Published
- 2014
60. New technologies of retailers
- Author
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DAŇKOVÁ, Anna
- Subjects
samoobslužné pokladny ,An innovation ,self checkout ,inovace ,Self scanning ,nové technologie ,trends ,new technologies ,trendy ,retail technology ,retail ,EDI ,self-checkout ,maloobchod ,e-commerce ,elektronické obchodování ,obchod ,trade - Abstract
The goal of this thesis New technologies in retailing is to describe new technologies and advantages and disadvantages of technological innovations. Than formulation of recommendations. The first part of thesis covers of the theoretical information about issues, in particular the definition of basic terms of innovation, retail innovation, Future Store technologies, trends in the USA, Germany and Czech Republic. Second part of thesis includes application theoretical knowledges by the own research in Passau, Prague and in České Budějovice.
- Published
- 2014
61. Philadelphia Is First U.S. City to Ban Cashless Stores.
- Author
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Calvert, Scott
- Subjects
- *
RETAIL stores -- Law & legislation , *UNITED States legislators , *LOW-income consumers - Published
- 2019
62. Marketing management in retail chains
- Author
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Krasyuk I.A., Krymov S.M., Medvedeva Y.Y., Chernisheva A.M., Lashko S.I., Krasyuk I.A., Krymov S.M., Medvedeva Y.Y., Chernisheva A.M., and Lashko S.I.
- Abstract
In the modern market relations, marketing plays one of the most important roles in the economy of the enterprise. The market economy shifts the focus in the center of economic activities, which is enterprise. Proper establishment of marketing structures affects the functioning of the enterprise as a whole and its financial activities. In the modern market, retail chain strengthen their positions, few skeptics will challenge the fact. It should be noted that this type of activity is present in a variety of industries: insurance, food, services, technology etc. But the most developed is the market of FMCG (fast moving customer goods). Today, there is a trend of displacement of small businesses by the predominating chains. The research topic was not chosen accidentally as it is relevant in the modern realities of the Russian economy. Marketing management in the enterprise is widely studied by foreign researchers, practitioners and theorists in those countries that have positive long-term experience in the field of marketing and its application. In Russia this issue is insufficiently studied, especially when its practical application in the enterprises of the domestic retail chain is concerned. © 2017 Serials Publications Pvt. Ltd.
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