IoT Solutions in Retail

Deliver great customer experience

Rising customer service-level expectations, and the associated difficulty in maintaining customer loyalty, make success in retail highly challenging. Added to that is the ever increasing competition which makes it imperative for retailers to look for new solutions, vital to staying ahead and delighting customers.

Incorporation of IoT solutions in retail allows retailers to fulfil customer demands. IntelliStride offers an integrated system connecting IoT devices in areas like stock rooms and in-store, providing insights about product availability at different locations and consumer behaviour. Such connected data merges both online and offline spheres of customer engagement. With improved data intelligence, retailers can remain competitive and move ahead.

The retail use cases below are some of the IoT solutions we offer.

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A Smart Trolley for Smart Shopping

The retail space growing at a remarkable rate, we see a huge rush at the stores. Hypermarkets, Supermarkets, and Specialized retailers have observed that customers are spending more and more time exploring and shopping.

After purchasing, the already tired customers waste unnecessary time at the billing queue and the counter for billing the purchased item.

Continuous improvement is a compulsion to better the billing journey to increase the overall shopping experience of the customer.

To overcome these problems Intellistride has come up with a futuristic, smart and inexpensive solution, a “Smart Trolley”.

  • Store Mapping – With just a search of the product, the trolley map will guide you to the location of the product.

  • Product suggestion based on user purchase history and promotions.

  • Automated inventory update of products purchased and billed.

  • Time-saving - Avoids long queues for payment.

  • Increase per customer transaction and sales revenue.

  • Support multiple payment options

  • WOW effect.

The customers won’t have to wait in long queues, safer & personalized shopping experience. It is trustworthy, highly dependable and increases shopping efficiency. More details 

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Self Check-Out Smart Point of Sale Solution

  • Eliminating the need to scan individual bar codes at point of sale
  • Faster checkouts
  • Accurate read range just enough to cover the dimensions the device.
  • Compact and small size RFID UHF reader for POS
  • Better customer satisfaction

Self check-out POS systems offer a range of benefits for both customers and businesses. Here's a breakdown of the key advantages:

For Customers:

  • Faster Checkouts: Self-checkout eliminates waiting in long lines for cashiers to scan items, saving customers valuable time.
  • Convenience and Control: Customers can scan items at their own pace, bag groceries how they prefer, and potentially avoid interaction if desired.
  • Privacy: Self-checkout can be ideal for customers who prefer not to unload their entire cart on a conveyor belt in front of others.

For Businesses:

  • Reduced Labor Costs: Self-checkout kiosks require fewer employees to operate compared to traditional staffed checkouts.
  • Improved Efficiency: Faster checkouts lead to higher customer throughput, potentially increasing sales.
    Employee Redeployment: Freed-up employees can be assigned to higher-value tasks like customer service or stocking shelves.
  • Inventory Management: RFID technology used in some self-checkout systems can improve inventory tracking and reduce shrinkage.
  • Data Collection: Self-checkout systems can collect valuable customer data on purchasing habits, which can be used for targeted marketing campaigns.
  • 24/7 Revenue Generation: Any store can be converted to a 24/7 un-manned operating outlet with anti-theft system

Overall, self-checkout POS systems offer a win-win situation for both customers and businesses. They provide a faster, more convenient checkout experience for customers, while allowing businesses to streamline operations and maximize revenues.

 

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EAS Solution

Electronic Article Surveillance (EAS) systems have been proven to protect your merchandise against shoplifters.

Small security tags, applied to high-theft merchandise, alert retailers when shoplifters try to take stolen items through electronic sensors at exit doors.

  • Reducing shoplifting losses
  • Increasing profitability
  • Precise information rather than generic information about the product detected.
  • Increasing sales when items are taken from locked cases/behind counters and put on live sales floor
  • Creating a more pleasant shopping environment for your customers
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Electronic Shelf Labels

Digital signage helps retail companies provide personalized and interactive shopping experience.

With digital signage applications, marketers save costs related to traditional print media and push customer engagement to the next level.

Show More Information: With more modern ESL technology, more information can be displayed on each label. This means that you can show a whole lot more than just the price.

Enhance your omnichannel experience: According to Planet Retail, 56% of consumers feel that technology improves their shopping experiences.

Save Paper and Plastic: Aside of the obvious paper waste reduction due to reusability of the tags, there are additional waste reduction aspects.

More Accurate and Save Employees Time: Electronic pricing is easier to edit and always more accurate. Employees don’t need to waste their time making hundreds of small changes around the store.

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RETAIL IOT USE CASES

  • Electronic Article Surveillance (EAS)
  • Smart shelf
  • Supply chain
  • Inventory
  • Point of Sale tracking
  • Warehousing and Logistics
  • Foot-traffic management

Benefits of IoT Solutions to Retail Industry

Use of RFID in retail facilitates item movements and financial transactions. IntelliStride addresses all the key retail industry requirements for IoT transformation using Kathrein hardware and software with implementation services. Key benefits:  

  • Improve internal supply chain efficiency
  • Inventory intelligence to prevent stock-out
  • Know product usage/ availability in real time
  • Improve customer service by on-time delivery
  • Tweak store layout based on customer in-store movements and purchases
  • Prevent theft
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Contact us Today

Find out more about RFID Solutions for your organization.

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Case Study and blog

CASE STUDY

Asset Tracking Solution using RFID

The Client, a large diversified business enterprise with a Pan India presence, was facing the challenge of managing its huge number of assets effectively. (The client’s business includes Industrial Technology, Consumer Goods, and Energy and Building Technology and IT services.)

Read more

How RFID is shaping the connected world?

While RFID has existed for many years, latest developments have rendered is even more indispensable for implementing IoT solutions and shaping the...

Read more

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