Future of eCommerce and Retail
Internet of Things (IoT) is the inter-networking of physical devices embedded with electronics, sensors and network connectivity that enable these objects to collect and exchange data and allow the communication between things and manufacturer, things and end-user and things and things.
If there’s one aspect of our lives the IoT era will impact more than any other, it is shopping end ecommerce.
The IoT has already started working its way into retail stores, and technologies will continue to disrupt the traditional retail process in the coming years. IoT devices will change the shape of ecommerce by turning everyday, inanimate objects into potentials sales channels for retailers.
Beacons, digital signage, smart mirrors, smart shelves, commerce button, robots, facial recognition, virtual assistant and much more are revolutionizing retail, yielding advances and new opportunities in customer experience, logistics, efficiency and customer relationship.