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Unified Experience Key to Retail Survival

As retailers struggle under the weight of store closings in the brick-and-mortar world and profitability in the card-not-present world, new research shows 63 percent of consumers will shop more online and in store if retailers adopt a “preferred shopping experience.”

Of the key findings included in the report conducted by Morar Consulting for online payments provider Adyen, a unified experience that blends online and in-store facets is important to a significant majority of consumers. An overwhelming 86 percent want to go to the store to manage exchanges or returns of items purchased online. At the same time, 78 percent want to buy or reserve items online before they go to the store. More than half (53 percent) of shoppers expect virtual reality and augmented reality online showrooms to be the norm in five years. And a third said, in the next 12 months, they want the Amazon Go experience of walking out with an item that is automatically charged to an online account.

Despite the challenges, consumer demands of retailers are changing and how retailers react will dictate their survival, according to Roelant Prins, chief commercial officer at Adyen…

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With over 25 years of Sales & Marketing experience, Thomas Buttino has dedicated his career to introducing business owners and operators to new and existing technology that simplifies their efforts so they can continue having a positive impact on the world around them. With a focus on bringing the latest digital payment technology to clients, we can enhance the customers experience, while ethically lifting revenue, and delivering the greatest outcome for everyone involved.

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