Home / News  /  69% of consumers believe technology will help build stronger relationships with retailers, says research

Share This Post

News

69% of consumers believe technology will help build stronger relationships with retailers, says research

As the general population becomes more and more accustomed to technology pervading every aspect of their daily lives, new research by retail technology expert Conversity has revealed that almost seven in ten (69 per cent) of consumers – rising to 86 per cent amongst the millennial generation – believe that technology will be a powerful tool in helping retailers build stronger relationships with their customers. While this indicates that shoppers are becoming increasingly comfortable with technology in retail, there is also strong evidence to suggest that it can be used to retain and enhance the human element of the customer experience, rather than supersede it.

The survey polled 1,000 UK-based consumers divided evenly between baby boomers (ages 54-72), Generation X (ages 38-53) and millennials (ages 21-37), and is summarised in Conversity’s Shopping, but smarter report. Alongside their general belief that technology in retail is a positive, two-thirds (66 per cent) of respondents stated that the quality of advice provided online is crucial when purchasing high-value products, and almost half (47 per cent) said that comprehensive sales information being available is important when shopping in a physical store.

For Dave Stark CEO of Conversity, this clear desire for comprehensive advice, allied with consumers’ openness to the use of technology, presents an opportunity for retailers to leverage technology to empower their human staff to serve customers more effectively.

Stark said: “The era of technology ubiquity that we live in has created a landscape where consumers (especially millennials) are comfortable with the sight of a computer screen or iPad in a high street store, or are perfectly happy making most of their purchases online. At the same time, customers are becoming much more discerning in terms of the quality of advice and guidance they receive before making a purchase. Retailers should be looking to jump on this, and adapt their approaches to the customer experience to suit these requirements, especially as millennials become an increasingly dominant demographic.”

To support this point further, a majority of survey respondents (56 per cent, including 64 per cent of millennials) believe it is important to speak to someone in-store before making a high-value purchase. This reveals a clear desire for an additional level of personalisation and guidance provided by a human member of staff, and proving that the human touch in retail is far from dead.

Stark added: “The growth of automation has led many to fear that people may lose their jobs to machines, and the retail sector hasn’t escaped these concerns. However, what this research has shown is that consumers still consider human input an essential component of the shopping and purchasing process.

“With this in mind, retailers need to focus on how they can use the power of technology to complement and support the roles of human sales and customer service associates. Intelligent guided selling (IGS) tech is one of many ways this can be achieved, by making it considerably easier for a member of staff to walk a customer through a range of product choices and configurations.”

He concluded: “Consumers believe in technology. If it can be used to empower, rather than inhibit, the role of staff, retailers can reach a happy medium where customers are given the right balance of technological efficiency and human intervention, and staff continue to feel valued in their positions.”

ENDS

About Conversity

Based in Fitzrovia, initially formed in 2003, Conversity helps retail, telecommunications and consumer brands to replace inconsistent, fragmented customer journeys with personalised and consistent journeys that drive conversion, retention and customer satisfaction with their intelligent guided selling platform RIPPLÔ.

RIPPL provides real-time personalised recommendations to consumers, simplifying complex journeys on any channel or across the omnichannel. It is proven to increase employee engagement, sales conversion and customer satisfaction. Built by guided-selling experts, it’s modular, easy to integrate, and delivered as-a-service, so it will grow and adapt as needs evolve with no capex or technology refresh to worry about.

Only RIPPL has 10 years of customer journey experience built in, is highly configurable to respond quickly to business change, offers a fast time to market with proven customer KPI improvement and ROI.  Their expertise has been used to continually improve RIPPL and make it a best-of-breed solution for companies looking to increase customer conversion and satisfaction across all their sales channels.

Conversity are Ofcom accredited since 2011, ISO accredited since 2013, and has won the UK Government TSB Innovative Award for solution innovation and roadmap in 2015.

Share This Post