AUTOMATED RETAILING – an overview
unique & disruptive like online shopping
According to some industry analysts ‘automated retailing’ is likely to change the way the world engages with consumers.‘Online shopping’ changed consumer interactions. That change was driven by industry powerhouses such as Amazon, eBay, Craigslist & others, all of which became very big in terms of shareholder value.
MIDDLEMEN CUT OUT
Disruptive intermediation
‘Online shopping’ cut out several layers of middlemen almost to the point where it seems like there is nothing between the producer and consumer. An investment strategist at Invesco, believes this trend will only accelerate and consumers will increasingly buy high-end items at automated retail product dispensing (vending) machines without thinking twice about it, just like we all now buy soda and snacks. Investco is one of the one of the largest independent global investment managers.
THE AUTOMATED FUTURE
With automated retailing consumers enjoy the combined ease of online shopping with the convenience of immediate product delivery. Manufacturers & distributors place their products directly in the path of consumers in an intensely interactive manner, removed from the competitive clutter of traditional retail.
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