Feb 16, 2023
The Fifth Industrial Revolution: The Future of Retail
The retail industry is evolving with the advancements in technology and data, along with changing customer behavior. Retailers are considering new approaches to engage customers, such as mixed-use entertainment precincts, smart mirrors, and data-driven contexts.
In this episode, CEO & Founder of Retail Doctor Group, Brian Walker, discusses this evolving landscape and how retailers are adapting to changing customer demands. He highlights the importance of understanding the "why" of a brand, maintaining a direct relationship with customers, and utilizing data to drive business decisions. As the shift towards a data-driven retail experience is happening quickly, top companies today are quickly turning into powerful data houses.
Join us as we discuss:
* How retail businesses will adapt to changing consumer behavior with the rise of ecommerce
* Why retailers will need to embrace new technology to build their brand and compete in the market
* What strategies retailers can implement…