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Major Transformation Trends for Retail Mobile Apps in 2021

Retailers will have to look beyond the small improvements and redefine the process to create engaging, connected using technology. Digital transformation is not only Itu2019s not only about agility, innovation, data intelligence, customer-centricity, and delivering new value, itu2019s about streamlining processes, reducing costs, and improving transaction-lifecycle efficiency.<br>

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Major Transformation Trends for Retail Mobile Apps in 2021

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  1. 1/11/2021 Major Transformation Trends for Retail Mobile Apps in 2021 | by Kalyani Tangadpally | Jan, 2021 | Medium Open in app Open in app Kalyani Tangadpally 1 Follower About Major Transformation Trends for Retail Mobile Apps in 2021 Kalyani Tangadpally Just now · 4 min read Image Source: marketingland https://fugenx.medium.com/major-transformation-trends-for-retail-mobile-apps-in-2021-1fc50f48a2c6 1/5

  2. 1/11/2021 Major Transformation Trends for Retail Mobile Apps in 2021 | by Kalyani Tangadpally | Jan, 2021 | Medium Retailers will have to look beyond the small improvements and redefine the process to create engaging, connected using technology. Digital transformation is not only It’s not only about agility, innovation, data intelligence, customer-centricity, and delivering new value, it’s about streamlining processes, reducing costs, and improving transaction- lifecycle efficiency. Open in app Today, retailers need to rethink every aspect of their business more than ever before. From procurement, pricing, inventory planning, employee training to customer experience management, retailers have to find new ways to increase their revenue and create innovative business models. How much does it cost to develop a Retail Mobile App like Walmart - FuGenX As per various surveys and researches, it is proven that there exist a raising demand for these retail mobile apps… www.fugenx.com McKinsey stated that COVID-19 has accelerated the adoption of digital technology in the retail industry. According to their report, e-commerce penetration in the United States, which is expected to reach 24% by 2024, has grown rapidly from 17% to 33% in just two months since the shutdown. “Contactless retailers that leverage digital transformation technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and virtual reality (VR) give customers the confidence to shop during the next few days. With changes in consumer behavior and consumption patterns, retailers’ digital transformation trends are likely to continue in the future. Simply put, digital transformation in retail can improve customer retention and satisfaction by delivering products and services based on their needs. Mobile Technology In Retail Industry : Trends Changing expectations of new customers The so-called digital or all channels shoppers don’t mind changing the way they buy. They want to access deals wherever they are, from social media to mobile apps. This is also known as the agnostic shopping route. https://fugenx.medium.com/major-transformation-trends-for-retail-mobile-apps-in-2021-1fc50f48a2c6 2/5

  3. 1/11/2021 Major Transformation Trends for Retail Mobile Apps in 2021 | by Kalyani Tangadpally | Jan, 2021 | Medium Digital tools can affect many shopping-related tasks, such as product search and price comparison, performed through digital platforms or in-store, as well as post-shopping activities such as customer service reviews, future purchases. Or even word of mouth Word of mouth marketing. Open in app Blurring the in-store and online experience The disappearing trend of the frontier between digital and physical is already part of consumer thinking, innovations such as the Internet of Things (IoT) or the dramatic experiences are only offered by Augmented Reality (AR) and Virtual Reality (VR). That enhances this driver. Read: Applications of IOT in Retail Industry Supply chain challenges experienced by enterprises around the world Retailers that have failed to digitize their supply chains are already having problems with visibility and tracking. Transparency, speed and time of delivery are key factors influencing the adoption of digital tools in this sector. High competition from digital customer experience providers and giants in the retail sector Thanks to new digital tools, retailers are able to reduce operating costs, digitize their supply chains, and reach more customers — all with fewer resources than their field leaders. New evolutions and opportunities presented by areas such as data-driven management, sales optimization and marketing. There is no denying that digital tools lead to employee empowerment. New technologies help employees be more productive and knowledgeable, and retailers are certainly aware of that. Trends for personalization Today’s shoppers want a personalized experience. They are fully aware that brands are collecting information about them and want to be given a completely personalized approach in exchange for that. This would be impossible without the digital tools that collect and store data to analyze and deliver the retail insights needed to create a realistic shopping experience. Also Read: AI for Retail Industry Mobility is another key driver of digital transformation in retail. As customers use digital tools at every stage of their shopping journey and Millennials are the largest consumer https://fugenx.medium.com/major-transformation-trends-for-retail-mobile-apps-in-2021-1fc50f48a2c6 3/5

  4. 1/11/2021 Major Transformation Trends for Retail Mobile Apps in 2021 | by Kalyani Tangadpally | Jan, 2021 | Medium groups today, omnichannel shopping tools are essential to reaching them. These consumers love having the opportunity to shop on their mobile devices and anytime. What’s more, while in-store, these customers expect to engage through their mobile devices, blurring the line between digital and physical with mobility technologies like IoT. Open in app Final thoughts: If you want to improve your customer experience, improve your retail sales, simplify your internal operations, etc. for your retail store, you should consider these trends. One of the best strategies is to develop a mobile app for your store and incorporate these trends into it. However, if you already have a mobile app, you should integrate these trends as they will benefit you in the long term. FuGenX Technologies is one of the leading Mobile development companies in the USA, India, UAE . We provide custom Mobile app development, AI Application, ML, Chatbot, Web Applications, Game App development solutions to build interactive experiences for all major platforms. As a prominent Mobile development company, we are delivering top-notch and high-quality App development services to various brands and businesses irrespective of the industry. About me: https://fugenx.medium.com/major-transformation-trends-for-retail-mobile-apps-in-2021-1fc50f48a2c6 4/5

  5. 1/11/2021 Major Transformation Trends for Retail Mobile Apps in 2021 | by Kalyani Tangadpally | Jan, 2021 | Medium My self a Passionate Content Writer Always love to write on Mobile App development, IOT, Artificial Intelligence, Machine Learning and Technology related content . Open in app Mobile Apps Trends Of Retail Apps Retail Mobile Apps Mobile App Development App Development Services About Help Legal Get the Medium app https://fugenx.medium.com/major-transformation-trends-for-retail-mobile-apps-in-2021-1fc50f48a2c6 5/5

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