ETAILER CHALANGES

Having a single business to provide both online and offline experience

It is common for retailers to treat their online business as a separate entity. You require a coherent “bricks and clicks” business that spans across your physical and online presence to make the most of both. Moreover, it is hard to give a consistent experience to consumers inside the store and online.

Retailers do not have in-house technology expertise

Technology is often a capital intensive department and retailers are often weary of getting into an area which they are not experts in. It is important for retailers to be able to acquire and manage technology without requiring technical expertise or huge investments.

Acquiring customers from the Internet is difficult

Online marketing is a new concept for most retailers and they find it hard to convert their offline strategies to online strategies. Moreover, using different online marketing approaches to make customer acquisition cost effective appears to be a complex activity to retailers.

Showcase products and offers effectively

Consumers want to know of all the products and offers available from a retailer. They also want to be able to quickly find the product or offer that they are interested in. So product discovery and showcasing is a critical challenge for most retailers.

Expensive & Difficult to manage Payment systems & logistics

Getting a flexible payment solution and logistics solution for a retailers’ digital commerce requirements is a complex job. It is hard to find affordable and reliable solutions that will take care of such core requirements such as payment and shipping.

A consumer lost online, is a consumer lost

Many retailers view online and offline retail sales as different domains. The reality is that a customer who is looking for you and does not find you or finds a competitor or gets a not-so-good impression about you on the Internet might choose not to do business with you.