As this CB Insights research report says (source), the retail experience is changing rapidly which means the design strategy in commercial real estate need to evolve quickly.
The store of the future might look entire different which includes the buyers’ sentiment analysis, the in-store robotic warehouses, and a more personalized pricing and product selection experience for the shoppers. This report explores the buyers’ needs for personalization, and technology integration at different touchpoints in the buyer journey, fulfilling their omnichannel customer journey goals, while striking a balance for the business ROI as well.
See the report overview and you can download the CB Insights report here. It includes:
- Omnichannel customer service for an omnichannel customer journey for the buyers
- Technology driven inventory planning and management
- Customer sentiment analysis for personalization
- Building trust for their privacy concerns
- Customized product selection experience, in-store
- Contactless checkout means no payment friction
- Micro-fulfillment and manageable and affordable robotic warehouses
- Driverless vehicles to enable the last-mile delivery
Retail in Mohali
Since there are many upcoming commercial real estate projects on the Mohali Airport Road including in the Mohali Aerocity, the real estate owners and their advisors need to plan the retail for future, for the future needs of the consumers for privacy, personalization, navigation for their vehicles, in-store and digital experience, and the adjacent facilities such as for food and entertainment.
[…] September 2017, CB Insights published the store of the future which takes us through how retail strategy might be changing fast, to meet the quickly changing […]
[…] Retail: The retail owners are beginning to understand how omnichannel can complement their brick-and-mortar stores. It helps them match the changing consumer sentiment for shopping and embedding ecommerce into their physical retail stores is the way forward. (See also—Retail is changing.) […]
[…] Warehousing: The Deloitte survey shows that 98 percent of the participants believe that the demand for micro-warehouses will benefit residential areas. Of these, 61 percent believe that new developments have already played a role in the possibility of creating micro-warehouses. See retail and the store of the future. […]