Next Generation Self-Service: Advance of the ApplicationsSource Technologies has produced this White Paper for our customers, partners, and prospects to describe how next generation point-of-interaction (POI) systems are changing the retail environment application by application. We will also discuss the business case for deploying this solution. It assumes at least rudimentary understanding of retail operations and automation strategies.Tags:Customer Experience, Customer Service, Kiosks / Self-Service, Technology
Expanding ATM Usage in a Credit CrunchRetailers can benefit from the growing popularity of cash by installing an ATM in the store itself. Customers enjoy the convenience, and studies show that more cash is spent in a store with an ATM, increasing revenue. Access to surcharge and interchange fees also help increase revenue, and stores with ATMs can draw more customers, increasing traffic throughput.Tags:ATMs, Customer Experience, Customer Service, Retail - Convenience Stores, Retail - General
Maximizing Scarce Resources During an Economic Downturn: How Retailers Can Make the Most of Customer Satisfaction DataAs recent retail news clearly indicates, the economic downturn is rapidly and drastically changing consumers’ perceived needs and spending behaviors. Customers are seeking more value for their hard-earned money and pursuing creative ways to stretch their dwindling budgets. In turn, under the pressure of unprecedented revenue losses, many retailers are nervously attempting to cut operating costs and remain competitive by slashing prices, reducing staff levels, and trimming inventories.
Tags:Customer Service, Marketing
Customer loyalty: why we don't deserve itEverybody is talking about the 'customer experience' - but too many organizations are measuring it from their own rather than their customers' perspective. Lior Arussy reports on some shocking new research that shows most business leaders admit they do not deserve the loyalty of their customers. Tags:Customer Experience, Customer Service
Building Multi-Channel Customer Satisfaction and LoyaltyMany retailers measure customer satisfaction based solely on the point of sale, but satisfaction and loyalty are often strongly cemented – and potentially damaged – by other stages of the customer experience. A multi-channel retailer that truly understands the value of customer relationships treats the total customer experience as a portfolio of touch points. By measuring satisfaction across the entire customer life cycle, Best Buy discovers the impact of each touch point and how best to capitalize on opportunities to strengthen customer relationships for long-term profitability.Tags:Customer Service, Multi-Channel Retailing, Retail - Electronics
Retail TheaterAs we track the moves of successful retailers, a consistency emerges in categories of communication used which effectively assists the customer in finding, browsing and purchasing what they need. Tags:Customer Service, Store Design & Layout