Savvy retailers use one channel’s resources to improve results from another. Up to now, online sales have grown independent of business streams such as catalog and store sales. The individual units of a company (with different reporting lines, marketing budgets and customer service centers) are still
operating independently of each other and fighting for the same customer. Quite simply, retailers are cannibalizing sales - and they’re starting to realize that even more in a recession.
The biggest question is, what’s the secret to attracting dollars from a cross-channel customer’s wallet? How do we entice the customer who researches online to walk into our store versus going to another retailer?
LocalStore360™ is the answer. It enables real-time collaboration between shoppers, stores, social media, smart phone apps, emails and websites giving the retailer a single view of the customer. It is based on the cutting-edge insights from actual customer transaction data and behavioral analysis of various consumer touch points. Using the powerful platform offered by LocalStore360, a big box retailer can create triggers to action for customers as they surf and shop from web channel to store channel and vice versa.
At the moment there are minimal incentives for customers that research a product online to go to the same retailer’s store. LocalStore360 captures the attention of such cross-channel customers as they research online and then look for any offline information such as Store Locators, Store Circulars etc. It provides a
360 degree view of the local store including its real-time inventory, products, services, promotions, in-store contests, printable coupons and lots more. Your customers can create mobile shopping lists online and when inside the store, they can quickly find the exact locations of the products in their shopping lists using their smart phones.