RetailNext transforming physical retail whitepaper

June 23, 2016

“Omnichannel”, “In-Store Analytics”, “Customer Tracking”, “Big Data”, “Showrooming”: these are some of today’s buzz words influencing the rapidly evolving retail landscape. Consumers are more informed, more connected, and are more demanding than ever before, which influences the evolution in physical retail. Retailers are putting customers in the center of the equation and leveraging technology to get them what they want, when they want it, at the price they are willing to pay. Over the past decade, technology has exponentially changed the choices shoppers have. Fifteen years ago, the choices were pretty simple: “Do I go downtown or to the mall, to a specialty store or to a department store, or do I shop via catalog? These choices were driven primarily by four factors – 1) location, 2) assortment, 3) service, and 4) price. Today, consumers have an almost endless combination of choices to purchase products. Retailers are fighting to know as much about them as possible in order to deliver a personalized shopping experience. This has led to a surge in applications for data about how customers shop, in both the on-line and the physical retail channels.

Spotlight

Gympik

Founded in 2013, Gympik is India’s largest fitness discovery & trusted online membership selling platform that rounds up the best gyms,yoga,Zumba and dance classes,Pilate studios, aerobic centres in the city. With more than 12,000 fitness centres,7000 trainers & more than half a million unique visitors on the website each month, Gympik is influencing the way people look at fitness & wellness.It has raised its Series-A funding from US based venture capitalist firm-Round Glass Partners(Seattle).

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Founded in 2013, Gympik is India’s largest fitness discovery & trusted online membership selling platform that rounds up the best gyms,yoga,Zumba and dance classes,Pilate studios, aerobic centres in the city. With more than 12,000 fitness centres,7000 trainers & more than half a million unique visitors on the website each month, Gympik is influencing the way people look at fitness & wellness.It has raised its Series-A funding from US based venture capitalist firm-Round Glass Partners(Seattle).

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