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TouchPoints TV is a periodic video podcast which covers the Retail Industry and offers insights from leading executives on emerging strategies, innovative products and services, and recent retail news. Subscribe to the feed and stay in touch with the latest retail happenings.

Maya, What’s The Future Of Business Analytics?

  • Published in Vendors

C-level executives are extremely busy. They must always be in tune with overall business trends, performance across channels and ensure team members are making smart decisions that will drive their brand forward. Simply stated, the C-level doesn’t have time to mine into in-depth reports and spreadsheets. Manthan created Maya to address this industry pain point. In this episode of TouchPoints TV, Atul Batra of Manthan discusses the need for a more intuitive tool for C-level executives, and walks through a demo of the company’s new AI-powered tool, Maya.

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Trax Combines Robotics And Image Recognition To Improve In-Store Efficiency

  • Published in Vendors

If you see a six-foot-tall robot roaming your neighborhood supermarket in the next few months, it's not an escaped Roomba run amok. It will be a pilot test of Trax Retail's image recognition technology mounted on a robot from Fetch Robotics. The devices are designed to take pictures of store shelves and upload the images to Trax for analysis, allowing out-of-stock and misplaced items to be identified quickly. "The devices allow a retailer to compare their planogram to the 'real-o-gram,'" said Doug Benson, Director of Marketing, Americas for Trax Retail in this TouchPoints TV video from the NRF Big Show 2017. Trax anticipates receiving feedback data from the retailers piloting the technology by mid-2017.

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How To Fix The Store

  • Published in Vendors

To achieve today's omnichannel objectives, retailers need to look at the store in a more holistic way. The store is playing a significantly different role than in the past. The retailers who have taken advantage of that shift are benefiting, according to Danny Robinson from iQmetrix: "The threat they are facing it doing nothing – being stagnant." iQmetrix is working with retailers such as DSW to add endless aisle and other digital capabilities that help bridge the omnichannel gap.

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In-Store Customer Engagement: Old Challenges, New Solutions

  • Published in Vendors

Retailers today have an array of tools to engage shoppers in the physical store, from kiosks to interactive digital displays to "smart" dressing rooms. What's new is the ability to manage all these experiential retail elements together, with the ultimate goal of maximizing customer convenience and giving shoppers more time to enjoy the store in the ways that they want. During this episode of TouchPoints TV, Brad Fick, President of Direct Source, discusses how the in-store shopper journey continues to evolve, and also how adopting a Unified Commerce approach allows retailers to meet the customer where, when and how she wants to transact.

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A New Era Of Digital Signage

  • Published in Vendors

Historically, retailers used digital signage to push marketing messages, offers and deals to in-store shoppers. However, consumers today are expecting more compelling, timely and relevant content as they're browsing in aisles. During this episode of TouchPoints TV, Jeff Griffin, EVP of Retail Media Networks at Stratacache, discusses the evolution of digital signage and how retailers can use this technology to benefit customers, associates, retailers and brands.

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Priceless Perspectives On Tying Data & Insights To Powerful Customer Experiences

  • Published in Vendors

In this episode, RTP’s Editorial Director Andrew Gaffney sits with Linda Kirkpatrick, Executive VP of Merchants & Acceptance at MasterCard, at NRF Big Show. During the discussion, Kirkpatrick shares her insights into how the company is working with top brands to better analyze and augment their data, in order to uncover deeper insights into shopping behaviors and ultimately create more powerful experiences. Kirkpatrick also provides interesting takes on why the mobile wallet is now at an inflection point, as well as how MasterCard is helping merchants address the security and simplicity concerns limiting the growth of e-commerce.

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Closing The Omnichannel Gap: How to Use Digital Marketing To Drive In-Store Traffic And Sales

  • Published in Vendors

With: Sandeep Bhanote, Radius8

Omnichannel has been on the mind of retail executives for years now. While many have expanded their ordering and fulfillment options to allow consumers to buy and pick up items anywhere and using any device, they still need to do a lot of work to fulfill the omnichannel promise. During this episode of TouchPoints TV, Sandeep Bhanote of Radius8 discusses the major foot traffic issue so many retailers are facing. He also offers tips and best practices for promoting local deals and assortment, so retailers can drive in-store traffic and sales.

Learn more about Radius8.

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Embracing Social Selling And Biometrics In 2016

  • Published in Vendors

With: Carin van Vuuren, Usablenet

Three emerging trends stand out as actionable for retailers: social selling; biometrics – voice, in particular; and the overall in-store experience. When it comes to social selling, 28% of users' engagement with brands improve the moment they see user generated content, van Vuuren noted. A Next-Gen Wish List is an example of a strategy that could be effective for many retailers. Regarding biometrics, retailers should look at the power of voice to make mobile apps more accessible and complete purchases quicker.

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Getting Started With Digital Transformation

  • Published in Vendors

With: Snehanshu Shah, SAP

Retailers are struggling with digital transformation because their IT landscapes are complex. SAP is helping to simplify those systems. Retailers must better understand customers across all channels. With a digital engagement framework, for example, retailers could convert Tweets into sales. The SAP Enterprise Digital Platform features the ability to recognize consumers when they enter the store. The Hana data management systems powers analytics and transactional applications. By putting sensors on shelves, retailers can measure the weight of the merchandise and determine how fast it is moving.

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How Employee Engagement Improves Customer Engagement

  • Published in Vendors

With: Stephen Kramer, WorkJam & Scott Knaul, SMK

When retailers deliver value to the associate, that associate will deliver value to the customer. Many retailers are now allowing associates to pick schedules based on available shifts. WorkJam is providing a mobile and web employee engagement platform that facilitates more agile scheduling. Previously, manual processes and disparate messaging processes inhibited communication with front line workers. When employees are able to choose their work shifts, they are more motivated to go to work.

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RFID Enables Inventory Optimization Across The Business

  • Published in Vendors

With: Randy Dunn, Tyco Retail Solutions

Traditionally a loss prevention company, Tyco Retail Solutions recently acquired ShopperTrak and FootFall, to help improve the overall customer experience in stores. Tyco is working with retail brands including Macy's to implement RFID-enabled omnichannel initiatives. For brick-and-mortar retailers to really leverage their inventory, they need to leverage the inventory in stores as well as in fulfillment centers and DCs.  Historically that data has not been accurate enough. RFID enables that accuracy.

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