Shoptalk 2018

Shoptalk 2018: A Story of Optimizing the Shopping Experience with Tech

by Jenna Sindle

This week, more than 7,500 retailing experts invaded Las Vegas, NV to talk shop at Shoptalk 2018, the world’s largest conference for retail and ecommerce innovation. As stated in the event’s site, “Shoptalk covers the rapid evolution of how consumers discover, shop and buy—from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.”

As any Retail Technology Insider reader know, the world of retail is undergoing massive changes and making way for some extreme improvements. Attendees at Shoptalk 2018 would most assuredly agree. Here are some of our favorite takeaways from this year’s show:

See? We told you. Change is most definitely on the horizon for retailers, but not always in the way people expect. People have been saying for years that thanks to the explosive adoption of ecommerce, that brick-and-mortar retail is on its way out. As Laura Heller, Diana Sheehan, and Brent Niemuth indicate, physical stores aren’t going anywhere; they just also won’t look like they did 10 years ago. The importance of hybridizing the shopping experience cannot be overstated.

That knowledge prompts us to unpack this concept a bit more. With such a wealth of technology out there at a retailer’s disposal that they know they should be using, what should shop owners be looking at – both for the shopper’s benefit and their benefit as a business owner? Pay attention to the technology that shoppers are using and apply it to the shopping experience. Mobility comes to mind here – don’t fix it if it ain’t broke, right? Use that already existing infrastructure to more easily and naturally connect with your customers.

Finally, women (both as industry experts and as influential shoppers) were highlighted as a focal point for the show. Shoptalk 2018 boasted that one third of their speakers were leading women in the retail industry and a study revealed at the show indicated the weight female shoppers carry when it comes to online shopping.

The future of retail continues to show a lot of promise, at least as long as you have some sort of digital aspect in place and really analyze the desires and demands of your customer.

Learn more about optimizing the shopping experience in Pitney Bowes’ whitepaper Employing a Single Customer View. To stay updated on the latest trends and best practices in retail technology, follow us on Twitter and subscribe to our newsletter.