September 29, 2021 | GroceryGeniuses Blog

Eyezon’s Live video will change the digital retail’s landscape

GroceryGeniuses September 29, 2021

Eyezon is a growing Live retail video platform with more than 50 Customers in Russia and the CIS region. The firm now eyes international expansion to Europe, America and Southeast Asia. Shoppers still prefer to shop in-store and cherish the physical retail experience. Retailers are moving towards live video retail practices to offer a similar digital experience. Eyezon is a cloud-based SaaS solution that big retailers can attach to their offline assets as a script in 3-4 business days. The live button widget is embedded to let the online visitors ask queries. Eyezon stated that one in four visitors who ordered a video makes an on-call purchase for the same online session.

Amazon will launch its department-store style outlets having robots, QR-codes in 2022

GroceryGeniuses September 29, 2021

The Wall Street Journal reported that Amazon will launch a department store, mainly selling clothes, in 2022. Amazon’s futuristic trial rooms will have robots, touchscreens and QR codes to order more dresses to try on. Shoppers would scan QR codes with their smartphones to try and purchase apparel. Amazon’s US department store will be 30,000 square feet, smaller than the usual department stores. Shoppers can buy Amazon’s own-labelled clothing line along with other brands.

Lowe’s “Winning Together” strategy highlights revenue building and empowering its workforce

GroceryGeniuses September 29, 2021

Lowe’s CEO Marvin Ellison latest strategy focuses on increasing revenue drivers and boosting sales instead of just cutting costs. He wanted the employees to engage in productivity with the purpose to grow sales. Ellison worked towards digitising manual processes like price updates and installation scheduling. The home improvement retailer revitalised its retail landscape with a digital supply chain. Lowe’s freight app lets the employees track merchandise delivery and swiftly place the products for sale. To incentivise and motivate the workforce, Lowe’s offers profit-sharing bonuses. The Winning Together move resulted in a $91 million payout to hourly associates.