IDC Retail Insights 2010 Top 10 Predictions

Posted by: Andrey  :  Category: News, Technology

By Leslie Hand, research director, IDC Retail Insights

via retailcustomerexperience.com

IDC Retail Insights 2010 Top 10 Predictions

  1. Retailers will seek growth strategies based on “same shopper” sales and first-time buyers.
  2. Retailers will launch aggressive technology investment programs to support new business models while reducing traditional IT costs.
  3. Retailers will extract more value from their supply chains, responding adeptly to customer, supplier, and regulatory influences.
  4. The devil is in the details — retailers will find heaven where information informs intelligent automation.
  5. Retailers will focus on customer experience solutions convergence.
  6. Retailers will drive mobile consumer interaction — entering the open shopping era.
  7. Retailers will focus on building customer intimacy and loyalty while improving brand performance.
  8. Retail investments in demand intelligence and BI are driven by a need to lower inventory costs and be more customer centric.
  9. Retailers will build sustainable lean retail enterprises.
  10. Traditional retailers are on the Titanic; the approaching iceberg is online social commerce.

a fragment from Ten retail IT predictions for 2010