Innovative in retailingintroductionnn.ppt

nnovative in retailingintroductionnn.ppt

1. Innnovation in Retailing
Some modern innovations in retail:
•Modern retail businesses such as malls, specialty stores, and hypermarkets are using micro development
and contemporary technology to increase customers’ shopping experience and in turn generate business
revenue.
•Around the year 2000, online retail startups started changing the face of retail businesses around the world.
•Social media websites such as Facebook changed consumer behavior as well as made retailers sweat out to
take the benefits and develop their brands.
•Modern e-commerce facilities enable faster transactions and allow purchase on a simple 30-day credit
facility.
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2. Payment
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3. Delivery
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4. Experience
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