MYTECHMAG Retail Tech Edition MAY 2021

This edition of our magazine features 10 Most Evolutionary AR/VR Solution Providers 2019, vr companies as the technology of virtual reality taking new turns.  

Add digital disruption, new business models, world-wide pandemic, and increasing consumer expectations to the mix sustained profitable growth becomes even more elusive and challenging.

With such a vast digital expansion, retailers must begin to find distinct ways to set themselves apart within the ever-growing digital landscape.

Billions upon billions of dollars are spent by companies working to remain effective, which means retail leaders are now looking deeper into retail analytics for guidance, insight, and direction.So, what are “Retail Analytics” and how can they be valuable?

The term “Retail Analytics” points to the processes and techniques used with collecting, discovering, and analyzing your retail data for strategic and valuable consumer insights.

Data such as foot-traffic and inventory levels help you map out the customer journey and provide details about your customers which can present an opportunity for retailers to better understand them and their CX (customer experience).

Thus, providing alternative avenues for marketing and strategies to effectively raise brand awareness, move more product, or help businesses curate more compelling offers and incentives.The opportunities to give your customers a personalized experience have now become the next level in retail marketing and it’s far more than just a simple strategy, it’s the survival mechanism that is every retail business reality today.

• The urban population has ballooned by half of the global urban population.

That’s why customers are looking for stores that offer multiple delivery options and alternatives to select the delivery window.

Here comes the role of last-mile strategy and the technology leveraged to evolve the last-mile delivery services for meeting the new expectations while maintaining profitability.

The concept of same-day delivery, free delivery, or delivery in an hour brought to the world by leading giants such as Amazon, Walmart, or Target has certainly added convenience to the customer’s life and helped them gained a major share of the market.

Again, the small inventory negatively impacts the last mile delivery services because the limited number of inventory sources won’t let the retailers deliver the product in the defined window of time that in turn hurt the customer experience.

Even, the retailers can consider the vendors who can execute shipping at a faster rate.

If the picture is about serving better for the mankind, it takes an ingenuity, a sharp business acumen, and perseverance to make it real.

An avid entrepreneur, Peter Chen is on a mission to develop comprehensive security solutions to ensure mankind enjoy blockchain technology safely.

Dr. Chen is the Co-founder and CEO of SecuX Technology Inc., a blockchain security company dedicated to provide comprehensive solutions to secure people’s valuable digital assets in blockchain.

Dr. Chen formulates company’s competitive strategy and lead the team to achieve company’s goal.A Strong BackgroundAfter graduating from the Electrical Engineering Department of National Tsinghua University with an MBA from National Taiwan University, Dr. Chen went to the University of Wisconsin to study for a Master’s degree in Computer Engineering.

In 1997, he founded Aiptek which listed on the Taiwanese Stock Exchange in 2003.

Besides these, Dr. Chen has also been honored as an outstanding alumnus of Tsing Hua University Taiwan, a National Distinguished Manager of Business Managers Association and has been a winner of the Entrepreneurship Association Award.Delivering Secured FutureAccording to Dr. Chen, the era of blockchain is coming and it shall change people’s lives eventually, however the security threats cannot be ignored.

MODERN RETAIL DESIGN: OPTIMIZING RETAIL STORE EXPERIENCE

IMPORTANCE OF AMBIENCE IN ENHANCING CUSTOMER EXPERIENCE

Could software robots assist the physical robots in retail stores?

Does RPA even offer some tangible benefits to the retail industry?Yes, it does!

And in this blog, we’ll tell you how.

These past years, the retail industry has emerged as a leader in the group of prominent and growth-oriented sectors.But the increasing complexity and dynamic shifts have rendered the traditional methods of retail, anything but obsolete.

Retail is a low-margin but high-volume industry- meaning a subtle change in customer demand can disrupt the functioning of the entire industry.

And that’s exactly what’s happening today!With increasing competition and price-wars, sustaining a successful run in the Retail industry- be it online or offline, is a strenuous process.The viable option to keep operations up and running effectively, however, is to offer improved customer experience & automate business processes.

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There are two types of payroll service providers – internal groups who run payroll at companies and accountants who work as contractors for small businesses.

The process of running payroll – tabulating hours, PTO, deductions, and then paying employees – is an important part of every business, particularly small businesses.

Using payroll software helps to automate and streamline the process of paying employees by deductions and withholdings, producing tax forms, direct depositing pay into employee bank accounts, and more, all to help businesses reduce errors and save time and money.If you’re a small business who wants to ensure the accurate and timely paying of employees and contractors or you’re an accountant or finance professional who works as the payroll service provider for several businesses, you should consider using payroll software for payroll service providers.The top payroll software for payroll service providers1.

It allows unlimited payroll runs for W-2 workers and 1099 for contract staff on a monthly basis, making it a good tool for small businesses, growing businesses, and accountants working with all kinds of businesses.3.

ADP WorkforceADP Workforce is a popular payroll platform that manages HR tasks like payroll, bonuses, commissions, time and attendance, employee health statistics, talent management, and benefits for businesses.

With the ability to automate and streamline so many tasks, Zenefits can help you free up time and resources to focus on other parts of our business without sacrificing HR and payroll process quality.5.

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The advantages of using QuickBooks Basic Payroll 2021,  QuickBooks Enhanced Payroll 2021,QuickBooks Full Service Payroll 2021,QuickBooks Assisted Payroll 2021,QuickBooks Accountant Payroll 2021,QuickBooks Elite Payroll 2021.

Connect now MyOnePro team for QuickBooks 2021 Payroll setup issue and problem via toll free number, chat, email.

Yesterday a website with user-friendly features was sufficient.

A Flurry report has suggested that the US-based consumers spend over 3 hours on mobile phones daily.

Another survey has found that people used to search and browse products on the move using their smart devices.

These findings pinpoint the importance of a customized app for strengthening your retail business.Importance of Mobile Apps for Retail BusinessThe thriving mobile platform has brought revolutionary changes in the way retailers can connect and communicate with customers.

Retail business app development helps you get rid of traditional marketing methods using billboards, leaflets, and other printed material.

It is easy to spread awareness about discounts, new launches, and promotional offers through a mobile app.