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Retail Psda 1
Retail Psda 1
Retail Psda 1
Changing technology has had a profound impact on customers' expectations and satisfaction in the
retail industry in several ways:
1. **Convenience**: With the advent of e-commerce platforms and mobile shopping apps,
customers expect convenience in their shopping experience. They want to be able to browse,
purchase, and receive products with minimal effort and time investment.
2. **Personalization**: Technology enables retailers to gather and analyze customer data, allowing
for personalized recommendations and marketing efforts. Customers now expect tailored shopping
experiences that cater to their preferences and past behaviors.
5. **Transparency and Communication**: Technology has made it easier for customers to access
information about products, prices, and reviews. They expect transparency from retailers regarding
product details, pricing, shipping costs, and return policies. Additionally, they expect prompt
communication regarding order updates and customer service inquiries.
6. **Social Proof and Influence**: Social media and online reviews play a significant role in shaping
customers' perceptions and purchasing decisions. Retailers are expected to actively engage with
customers on social platforms, address feedback, and leverage influencers to enhance brand
credibility and trustworthiness.
7. **Augmented Reality and Virtual Reality**: Emerging technologies like AR and VR are increasingly
being used by retailers to enhance the shopping experience. Customers may expect features like
virtual try-on for clothing and accessories or virtual tours of physical stores, providing a more
immersive and interactive shopping experience.
8. **Security and Privacy**: As customers engage more with digital channels, they expect robust
security measures to protect their personal and financial information. Retailers need to prioritize
data security and privacy compliance to instill trust and confidence among their customer base.
Overall, as technology continues to evolve, customers' expectations in the retail industry will also
evolve, requiring retailers to stay agile and innovative in meeting and exceeding these expectations
to ensure customer satisfaction and loyalty.
Title: Impact of Changing Technology on Customers’ Expectations and Satisfaction in the Retail
Industry
1. Introduction
2. Literature Review
3. Methodology
- Sampling technique
- Ethical considerations
4. Data Analysis
5. Findings
- Overview of customers' expectations and satisfaction levels
6. Discussion
7. Conclusion
8. References
9. Appendices
In the presentation, you can highlight the impact of technology on various aspects of the retail
experience, such as online shopping, personalized recommendations, convenience, and customer
service. Discuss how these advancements have influenced customer expectations and satisfaction
levels, and provide recommendations for retailers to better meet these evolving demands.
Additionally, emphasize the importance of continuous adaptation and innovation in order to stay
competitive in the rapidly changing retail landscape.