Due to shifting consumer behaviour and the proliferation of online shopping, it is more important than ever for retailers and property managers to provide customers with an experience they would not be able to replicate online. Convenience is a major factor in ensuring that bricks and mortar retail can compete. The ability for customers to start their buying journey from the comfort of their own home allows them to pre-plan their visit.
Building on the convenience elements and using technology as a way to tailor the consumer experience and build a sense of community with shoppers is also a powerful way to drive engagement, repeat visits and loyalty. By accepting technology with an open mind, properties can open up new paths and options for improving their customer service and overall experience. Moreover tech enables both landlords and retailers to directly drive revenue, so it’s a fantastic investment to positively impact tenant performance and retention.