Internet Of Things (IoT)
IoT enabled devices are capable of exchanging the data with each other via the Internet. IoT has different advantages with its complete lifecycle and when it particularly comes to eCommerce, it increases the efficiency by empowering automation for the retail and the eCommerce Industry.
We can see a lot of examples for the IoT these days like Amazon Go, which automates the entire process of buying goods from the physical store – No billing, long queues or hassles for the customer; a customer just enters the store, pick up the items and leaves – and IoT mechanism smartly works in the background to process the checkout and billing.
Retailers are adapting IoT for their retail shops to deliver a smoother and personalized experience to their customers. Beacon technology is another hot buzz these days, which lets customers view the product information on their mobile device if they are nearby to a product in a physical store.
Possibilities with IoT are seamless and can uplift the entire physical shopping experience to the next level. IoT not only empowers the buying experience for the customers, it also helps the retailers to manage the backend store process with an ease.
IoT can sprint up things like managing inventory, ordering out of stock products with an ease, logistics and shipping tracking; and it all happens with the perk of automation and no physical effort. IoT brings the siloes in one place and helps to unify the shopping experience for the customers. The world is already moving to the IoT to drive out the best of the eCommerce experience and you must step in too.