From client interaction to service delivery, technology has made work much easier. Interacting with clients has become less complicated. Thanks to digital transformation, retailers can provide their customers with high-quality services and products.
Fremont, CA: While the customer experience (CX) has evolved considerably over the course of retail history, its significance has not. Retailers' success is still dependent on providing an engaging and responsive consumer experience. However, as retailers adopt digital transformation strategies aimed at providing a richer experience for customers, technology and digital services are increasingly shaping the customer experience. Opening an e-commerce platform is only a small part of the digital transformation. It's all about transforming customers' physical or brick-and-mortar purchasing experiences by integrating digital and in-store retail interactions into a smooth, omnichannel experience.
Here’s how customer experience is being enhanced through digital transformation:
Chatbots
Retailers are using artificial intelligence to improve the consumer experience. As an AI application, chatbots have the potential to significantly improve merchants' ability to engage with customers anywhere and at any time. Chatbots help merchants meet a critical need: addressing customer questions. This form of customer service might be tedious for people who get bored of addressing the same queries again and over. Chatbots, on the other hand, do not get easily tired and can provide consistent, high-quality customer service across several channels.
Cashier-less stores
Retailers are also employing AI to improve the checkout process, making it easier for customers to make in-store purchases. Companies such as Amazon have built cashier-less stores that rely on artificial intelligence (AI) to track and register the items customers buy and then charge them as they leave the store. These and other AI technologies have the potential to transform the shopping experience by eliminating the aggravation of standing in long lines at checkout.
Internet of Things (IoT)
The adoption of IoT devices in the retail sector is another way that the digital transformation will impact the future of the consumer experience. The economic impact of IoT in retail environments by 2025, according to McKinsey, will vary from $410 billion to $1.2 trillion per year. This is majorly because IoT will enable retailers to personalize their goods and give a distinctive customer experience.