By modernizing aging technology and adopting a customer-centric approach, retailers can drive business outcomes while delivering the personalized, omnichannel experiences consumers expect.
As customers become increasingly sophisticated, they expect shopping experiences that center around their needs and desires, challenging retailers to keep pace. Because creating highly personalized omnichannel experiences is imperative, retailers should address modern-day labor and technology challenges to embrace a more customer-centric business model.
Accelerating retail personalization at scale explores how a cloud-based platform and its advanced functionalities can help retailers:
The future of retail hinges on curating immersive, highly personalized technological experiences, but embracing a customer-centric approach will also require a re-examination of organizational structures and processes.
Daniel Edsall
Contributing author of the report “Accelerating retail
personalization at scale” and Principal and Global
Grocery Leader, Deloitte Consulting LLP
of customers want to touch a product before deciding to buy
of retailers are trying to bridge their online and in-store experiences
of customers use a digital device for research while in store
Source: Compiled by MIT Technology Review Insights, based on data from “Keeping retail customers at the center,” 2023.