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The path-to-purchase is paved with digital opportunities: An inventory of shopper-oriented retail technologies
- Source :
- Technological Forecasting and Social Change. 124:228-242
- Publication Year :
- 2017
- Publisher :
- Elsevier BV, 2017.
-
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 retail technologies resulting from a systematic screening of three secondary data sources, over 2008–2016: (1) the academic marketing literature, (2) retailing related scientific ICT publications, and (3) business practices (e.g., publications from retail labs and R&D departments). An affinity diagram approach allows for clustering the retail technologies from an HCI perspective. Additionally, a categorization of the technologies takes place in terms of the type of shopping value that they offer, and the stage in the path-to-purchase they prevail. This indepth analysis results in a comprehensive inventory of retail technologies that allows for verifying the suitability of these technologies for targeted in-store shopper marketing objectives (cf. the resulting online faceted-search repository at www.retail-tech.org). The findings indicate that the majority of the inventoried technologies provide cost savings, convenience and utilitarian value, whereas few offer hedonic or symbolic benefits. Moreover, at present the earlier stages of the path-to-purchase appear to be the most instrumented. The article concludes with a research agenda. This research has been funded by the Digitopia and Flanders Innovation & Entrepreneurship Baekeland grant number 150726 (‘In search of a sustainable competitive advantage: Digitally instrumenting bricks-and-mortar retailing in Flanders’; April 2016–March 2020). The authors furthermore acknowledge Randy Lauriers for her input in the data collection process for this study and the two anonymous reviewers whose suggestions helped in further strengthening a previous version of this manuscript.
- Subjects :
- Value (ethics)
retail technology
Digital era
Shopping value
05 social sciences
path-to-purchase
shopping value
smart retailing
shopper marketing
Smart retailing
Cost savings
Categorization
Information and Communications Technology
Management of Technology and Innovation
0502 economics and business
Shopper marketing
050211 marketing
Business
Business and International Management
Marketing
Servicescape
050203 business & management
Applied Psychology
PATH (variable)
Subjects
Details
- ISSN :
- 00401625
- Volume :
- 124
- Database :
- OpenAIRE
- Journal :
- Technological Forecasting and Social Change
- Accession number :
- edsair.doi.dedup.....6147e616230704ec102331b94a88f5e3
- Full Text :
- https://doi.org/10.1016/j.techfore.2016.10.066