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Group Futurista is happy to present a knowledgeable webinar on "The Future of IoT in Retail". This webinar has numerous revolutionary keynotes, case studies, and panels. It brings together experts from the field of Technology, Marketing, Automation, AI, Innovation, and various Services to discuss the role of IoT in the future of Retail.
The retail sector is undergoing fast change, with Internet of Things (IoT) technologies taking centre stage. IoT helps build customer loyalty, boost sales, provide a personalised experience, and improve inventory management by providing a wide range of applications.
Research shows that 77% of merchants believe that IoT has improved their ability to service their consumers, while the same percentage of early adopters say that IoT has increased their ability to collaborate with their partners to deliver high-quality items.
In terms of IoT in retail, the possibilities are nearly unlimited; today's retailers see IoT as a way to keep a closer check on customer behaviour, buying habits, and how online and brick-and-mortar stores are performing, as well as tighten inventory management. After all, one of the most significant costs that retailers confront on a weekly basis is wastage.
In the future, the Internet of Things in retail may profoundly alter how, where, and when we buy products, as well as how businesses service us as customers. Indeed, the adoption of Amazon's Dash and other smart button devices has already resulted in new methods to pay, and there is speculation that driverless automobiles may provide yet another avenue for marketers to communicate with customers.
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