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Education


        Checkout experience                                     This in-and-out mentality is also reflected in the attitudes

                                                                toward sales associates with mobile handheld devices.
        can make or break a                                     Almost half (45.2 percent) of respondents said they want
                                                                store associates to have handheld mobile devices for
                                                                payment processing. This is a jump of 14 percent over last
        business                                                year's results.


                                                                Shoppers increasingly don't want to wait in line and
                                                                want to see self-service options to expedite checkouts.
                                                                A surprising 59.6 percent of shoppers said that a self-
                                                                checkout to purchase items without the assistance of a
                                                                cashier was a motivating factor for choosing a place to
                                                                shop.
                                                                Contactless payments, mobile wallets

                                                                Nearly a quarter of those surveyed in the United States
                                                                (24 percent) said contactless  payment or mobile wallet
                                                                technologies had motivated them to shop with a retailer.
                                                                This will likely pick up momentum as consumers become
        By Mia Farber                                           more familiar with the technologies and as adoption
        CitiXsys/iVend Retail                                   increases among U.S. retailers.

                   ever  before  has the checkout  and payment   Positioned for growth
                   processing portion of a retail experience been   It's not an exaggeration to say the research indicates
                   so important, according to the latest research
        N in a report released by iVend Retail. The 2019        retailers need to be hyper-focused on ensuring their in-
                                                                store and online systems are providing the best possible
        Shopper Trend Report includes insights from over 2,700
        shoppers and the findings revealed vital changes in shop-  experience  for  their  customers.  A  large  part  of  that
                                                                experience is the checkout and payment process.
        per attitudes and behaviors compared to previous reports.
        The most monumental theme from this fourth annual       Investing in the right technologies to assemble a beautifully
        report? The retail shopping experience needs to be fast   executed system will be dependent upon choosing the
                                                                best payment processor combined with the right retail
        and it needs to be convenient – especially when it comes to
        the checkout process.                                   management software. This strategy is going to position
                                                                U.S. retailers for growth in the current consumer climate.
        Quick, easy checkout                                    With an integrated system, merchants can reap the
                                                                rewards of added functionality like ability to upsell and
        One of the most notable statistics that emerged regarding   cross-sell without slowing down the checkout process.
        consumer attitudes relates to the checkout experience. U.S.
        shoppers were asked which aspects of a retail shopping   With 84.8 percent of consumers valuing a quick-and-easy
        experience they most valued; the definitive answer, at 84.8   checkout process above all else, consider dropping this
        percent, was an easy, quick checkout process.           statistic in your value statement to show the importance
                                                                of investing in technology that can meet customer
        This  finding  exceeded  the  second  most  valued  aspect,   expectations regarding the checkout experience. A slow
        free and easy returns, by a margin of nearly 20 percent,   or clunky payment process is going to cost merchants
        showing not only  that  shoppers  think  the checkout   at the POS and leave a distasteful, lasting impression on
        process is important, but also that everything else is   customers.
        secondary. Merchants need to take note and invest
        resources to ensure the process is as efficient and painless
        as possible for customers whether they are shopping     As vice president of global marketing for CitiXsys/iVend Retail, Mia
        online or in a store. Downtime and processing lags can   Farber is responsible for providing leadership and executing on market-
        hurt the customer experience faster than any other area   ing strategy for CitiXsys and its integrated retail management solution,
        and decrease customer retention rates.                  iVend Retail, on a global level. She brings 10 years of marketing experi-
                                                                ence for B2B and B2C technology companies in the retail, supply chain,
        Self-checkout and mobile checkout                       and food and beverage sectors. iVend Retail enables retailers to accept
                                                                every payment method available whether the customer is paying in-
        Shoppers want to be able to grab and go when they are in   store, online or on-the go and also integrates with leading payment
        a physical store, making options like buy online/pickup   providers worldwide. Contact her by phone at 212-745-1365 or via email
        in-store (BOPIS) increasingly popular. The 2019 shopper
        report  revealed  an  impressive  increase  of  30  percent  in   at newyork@citixsys.com.
        BOPIS usage over last year.

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