In 2012, Singapore came as the best country in the world for growing businesses, according to the Grant Thornton Global Dynamism Index. The United States came at 10th place, still ahead of France, China and Japan, and trails South Korea and Germany by a narrow margin and is ranked eighth in the area of financing environment. Read more
Self checkout (also called Express Checkout and Self-service Checkout) machines (SCO) provide a mechanism for shoppers to pay by themselves for their purchases from a retailer.
Self checkout happens without any intervention from the retailer’s staff or the sales teams. Thus it adds more convenience to customers and shoppers.
NCR is one of the leading Self checkout machines manufacturers and retail hardware providers, among other giants like IBM, Fujitsu, ITAB, etc.
In 2012, NCR commissioned a survey showing that shoppers are appreciating the speed and efficiency of self checkout machines.
For the first time, 1366×768 has become the most popular screen resolution worldwide, having overtaken 1024×768. A new screen resolution size was slowly gaining momentum, according to a report published in 2012 by StatCounter, an independent web analytics company.
According to Aodhan Cullen, CEO, StatCounter, the data reflects a continuing trend of users moving to larger screen resolution sizes. The screen resolution size people are using is a critical factor for developers when it comes to web design, particularly in the case of fixed width web pages. Read more
Mobile devices (mainly tablets) will rule the e-commerce realm, starting now and in near future. According to a mobile shopping survey sponsored by AisleBuyer in 2012. 22% of US shoppers have been to a store where salesmen use mobile devices instead of cash registers. 57% of those shoppers think retailers who use tablets and other mobile devices in place of cash registers are more innovative than those who still use traditional cash registers.
Other key findings from the survey include:
- 64% of shoppers feel store associates are most helpful when they are on the store floor where consumers are shopping, rather than behind a cash register
- 41% said they would rather see retailers replace traditional cash registers with tablets to make room for additional merchandise
- 43% are familiar with the term mobile wallet. Conversely, only 12% know what NFC (Near Field Communications) means
According to Bruce Dybvad, CEO of Interbrand Design Forum, “The best brands didn’t stand idly by, waiting for further signs of recovery. They contributed to it by anticipating their customer’s desire to return–not to shopping as usual–but to something better.” In its 2012 Best Retail Brands Report (an annual report that tracks latest retail trends), Interbrand once again stated that it’s a highly competitive marketplace out there in the retail industry.
A company may see it’s losing market share, but may not see where it’s going. Consumer spending is scattered, thanks to new ways of making purchases. Manufacturers are becoming retailers. New rivals, often in the form of companies too small to hit the radar, continue to enter and fragment the market. In such a climate, every customer interaction becomes crucial. In light of that, the most prominent global retail trends in the retail sector in 2012 are: Read more
Online data protection is of great importance.
With the ever-increasing rise in using social networking websites, e-mail and online shopping…
… users and consumers need to be increasingly vigilant to guard against cyber-thieves and scammers.
Especially when entering their credit cards details, home addresses and other confidential information online.
A recent research by MoneySupermarket has revealed that one in ten Brits (or 8%) with a partner have a secret credit card they conceal from them, and a further 11% of those with credit cards deliberately make sure their partner doesn’t see their credit card or bank statements.
When asked why people hide their credit card or statement, the top reason for being deceptive was because they feared their partner would be annoyed by the amount of money they spent (40%).
Phone hacking is evil yet we need to live with it.
According to an article by Mashable, “It’s still fairly easy to hack into your phone. But, unless you’re a celebrity, you’re unlikely to be a target.”
The reality is that smartphones are progressively taking on the roles of computers and wallets.
Credit card companies like American Express, Discover, MasterCard and VISA allow their customers to upload their credit cards details to their smartphones. to use their mobile phones as credit cards.
Consumers then can purchase items by waving their phones over scanners. Read more
When he isn’t busy writing content for customers and making them money, Raouf Shabayek likes to share his experience in his Wajeez Blog, coming out of Dubai, UAE. I accept donations for Wajeez.com on my BTC address: 3EG8n1GiiAhr24cATPvJ48PKpmqBS7But4