Discover How IoT is Transforming the Retail Industry | HackerNoon

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

'Discover How IoT is Transforming the Retail Industry' iot iottopstory

It aims to reduce the human efforts for conducting business operations to support you in a more skilled manner; It minimizes labor.Are you wondering why I am partial to the retail industry? It was Kevin Ashton, the marketer of CWG brand, P&G, who coined the term. IoT initially came to the picture to reduce the challenges faced by the retail sector.If you are a business in the retail sector, your business revolves around product storage and warehousing.

This further improves work efficiency and facilitates trouble-free business collaborations. So, you can meet and greet your clients from anywhere and anytime.Do you remember the last time you called customer care to know the location of the product you ordered online? IoT can help you collect and collaborate data from different mediums on a single platform. With the involvement of AI in IoT, you can further check for the products that are scoring over others. This way, you can better analyze your customer’s requirements to enhance the productivity of your business.One of the fantastic ideas that IoT introduced is the virtual closet. It enables shoppers to try outfits virtually with the help of smart mirrors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 532. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How AI is Transforming Hospitality Industry | HackerNoonHospitality AI is commanding higher customer loyalty with machine learning and NLP. Let's check out more about how AI is transforming the hospitality industry.
Source: hackernoon - 🏆 532. / 51 Read more »