In-store experience a must for retailers

HP has urged European retailers to innovate with the in-store shopping experience to expand and grow in today’s current economic environment.

Kobi Elbaz, director, Client Solutions, HP Personal Systems Group, highlights that the accelerating rate of technological change has dramatically altered consumer buying behaviour.

He argues that emerging trends outside the store, such as increased interaction with touch-based technologies, are creating new demands on retailers to create similar in-store experiences to meet shopper expectations.

HP is advising retailers to integrate the most effective aspects of online shopping with their mobile and in-store offerings to provide a seamless customer experience that encourages shopper loyalty and increases sales.

Traditionally, retailers have invested heavily in bricks and mortar stores, but there are now multiple channels to integrate. HP points to industry findings which highlight that consumers are today much more adept at shopping cross-channel, but argues that many still choose to complete their purchase in a store. Fifty-one per cent of shoppers, in fact, say that they research online and then buy in-store. Furthermore, 74 per cent of smartphone shoppers made a purchase as a result of using their smartphone.

HP recommends that retailers create a more seamless cross-channel experience in-store by firstly investigating how to better integrate data from their expanding number of channels.

Secondly, retailers must be increasingly ‘context-aware’ and create personalised experiences in the store which are much more aligned to their online and mobile offerings.

Finally, businesses must incorporate consumer-friendly technology experiences in-store. For example, touch-based screens for sourcing product and store information and innovative use of digital signage.