Blogg

The Revolution of Touchpoints: Why Experimentation is Needed

juni 04, 2019

Rarely, does a day go by without the appearance of another innovation for futuristic shopping. This ranges from personal voice assistants such as Amazon Echo and Google Home Assistant to chatbots, AR/VR applications and social networks.

Lifestyle Necessities vs. Luxury

Consumers purchase two types of products: discretionary and non-discretionary. Non-discretionary items are everyday necessities, purchased without investing much cognitive effort. In contrast, discretionary products are items that buyers invest more time to select. Brands should be aware of which category their products fit to align their marketing initiatives.

Discretionary Purchases

Non-Discretionary

Special individual selection

Interchangeable

Seldom purchased

Frequently purchased

Generally high-priced

Usually low-priced

High brand loyalty and affinity

Little or know loyalty/price driven

Attractive marketing

Fact-based presentation

Personal advice

Algorithms and automatic mechanisms

Shopping experience as a pleasure

Speed and efficiency

More Touchpoints, More Reach, More Sales

Depending on the type of goods being sold, companies use new touchpoints for different reasons. Enterprises increase the number of selling points to boost visibility at precisely the point in time where the purchase desire arises.

What can you do within your business area? We will help you take the next step in your offer. Book a meeting with our Commerce team. Email commerce@valtech.se

We all dread that moment when you go to reach for a necessity that is out of stock in your home. Technology empowers merchandisers to anticipate items duration with multiple tracking touchpoints. The trick for merchandisers is to optimally support the different contexts, ensuring more repeat orders and loyal customers. With these new touchpoints, companies provide their customers with virtual butlers, who work quietly and unobtrusively in the background to satisfy the customers' wishes.

Loyal Customers Thanks to an Improved Shopping Experience

Merely having a website isn’t enough. Consumers want to see your products in real time. This means utilizing the power of influencers. Influencers on Instagram and YouTube introduce new collections, which fashion aficionados can easily order at the touch of a button. Companies are investing significantly in personal contacts, rather than relying only on algorithms.

Bottom Line

There are many good reasons for retailers and manufacturers to experiment with new end-user devices and touchpoints. The market is in a phase where experimentation is encouraged.

We encourage you to download the complete Valtech Mag and learn more about moving from touchpoints to customer loyalty.

We will help you take the next step in your offer.

Email commerce@valtech.se

Vilken digital lösning du än väljer för ditt företag, ska du ställa dig frågan hur den kan förbättra användarens vardag.

Eller fråga oss istället.
Hör av dig idag