Augmented Reality in Retail Displays: The Future is here!
Retail is a fast paced world in which businesses are always looking to change what consumers see or change the overall shopping experience. A technology that has the power to revolutionize many different kinds of industry and application, Augmented Reality (AR) is a technology which overlays information on top of the physical world. With its fast development, AR is poised to become a revolution for the retail displays and store fixtures, allowing retailers to find new ways for appropriate customers as never before.
Augmented Reality in Retail
Augmented reality is anything having to do with the way you can deploy elements (such as images, videos, and animations) into a real world environment. But unlike Virtual Reality (VR) which completely immerses users in an entirely environment, AR lifts the real world, creating a memorable match for the retail vertical. Today many retailers are using this technology to have retailers develop long-established and accepted retail displays into interactive experiences enabling the customer to interact and experience product in new ways.
AR in Retail Display: The rise.
Consumers are becoming more and more demanding of more personalized and engrossing shopping experiences, progressing the retail circumstances on the fly. In a market full with information and brand competition, long-established and accepted retail displays are hard pressed to grab attention. Addressing this challenge, AR makes retail displays more kinetic and interactive.
To point out, imagine on the push of the moment, you walk into some furniture store and point your smartphone at a couch. With AR, if you're buying a couch when you have no idea what your walls will look like, or perhaps you have to find a couch that fits in the space you'll have it, you can see how that couch would look in your living room, with your chosen wall color and any decor you want to use. What's more, this capability not only improves the shopping experience but also lowers considerably the likelihood of post-purchase dissonance, since, when they purchase, customers can see their selections in the setting that is most important to them.
Benefits of AR in Store Fixtures
There are many reasons why retailers like to carry out AR in store fixtures.re Here are some of the key benefits:
- Find a Better Solution ford Customer Engagement
Via AR Technologies, we can improve interactions between products and consumers. So the customers can interact with retail displays, like with 3D models, access the product information. This degree of interactivity will keep your customers interested, and will make them stick around longer, spending more time looking around the store.
- Increased Sales Conversion
AR can make the shopping experience better so therefore the chances of them converting are higher. Customers tend to make purchases if they can somewhat see the product in their own environment. The results from retailers who have carry outed AR solutions have been striking, and these retailers have seen huge increases in sales.
- Personalization in shopping experiences
AR can personalize recommendations according to either customer preferences or past behaviors. As a result, an AR app may suggest products which align with a shoppers' style or even feature promotions fitted for their interests. Personalization at this scale helps retailers connect at a further level to customers.
- Cost-Effective Marketing
But if you think otherwise about it, integrating AR into retail displays can also be used as cost effective marketing tactic. Whereas retailers need to all the time change physical displays, they can instead update that AR content remotely. This flexibility means that promos and campaigns can be run on time and at any season without the need for a complete rebranding.
AR in Retail Displays: Examples
AR has proven itself enough to successfully take on and play a part in not just one but a few retailers deploying it on their retail displays and fixtures on their stores. Here are a few notable examples:
IKEA
Customers using IKEA's AR app, IKEA Place, can see how furniture will look in their own homes. Users can select a piece of furniture and put a 3D model of that piece of furniture into their living space with their smartphone. With this app, customers are making informed purchases before they purchase thus customer satisfaction has gone up and there are reduced return rates.
Sephora
Sephora's Virtual Artist app uses AR to allow customers to put on makeup virtually. But shoppers can add a photo of themselves or other real time video to see how a product might look on their skin. We have to point out that to improving the shopping experience, this new strategy ensures that once customers are led to make a decision, they will buy it.
Nike
A few examples we like are-, some stores sell Nike products with the ability of the customer to scan the product with their smartphone and access exclusive content such as, product stories and styling tips. It engages customers and also broadens their knowledge on the brand.
AR in Retail Displays coming and going
While the impacts of AR are striking, retailers also face challenges when integrating this technology into their store fixtures:
- Technology Adoption
AR is not May familiar to consumers, or the devices to make good use of it. As retailers begin to carry out AR in the field, they need to think about how they will educate their customers on AR and how the technology is available to everyone.
- Cost of Implementation
When carry outing AR technology, this can mean a big upfront cost. In the case of smaller businesses, retailers have to judge whether the potential benefits outweigh the costs, especially because of their limited budgets.
- Keeping Content Fresh
To keep customers engaged, retailers need to keep publishing the new AR content. This means ongoing investment in content creation and management, and can be a process intensive resource.
AR in the Retail Displays Future.
The subsequent time ahead of AR in retail displays may not be easy, but it does look to be promising. But as more and more retailers adopt AR solutions as the technology becomes more cheaply available, we can only expect the number of stores using AR solutions is only to grow. Specifically, in the years to come AR will cover features like facial recognition to have increasingly personal shopping experiences or integration with more technologies, like AI, adding on customer interaction.
We are, frankly, already in the subsequent time ahead, finding out about the exciting opportunities in using lifted reality in retail display fixtures and store fixtures. What AR does is it creates a clear pathway for further sales and also personalized shopping experiences. Retailers will be well positioned to compete in a market that is becoming increasingly ahead-of-the-crowd as retailers that welcome this technology. And as striking as that necessary change is, the potential of AR to change the retail experience is limitless, and those who will lead the charge away from paper into a new start in shopping will be those who invent.
When you really think about it, lifted reality will develop the consumer interaction with retail displays, making shopping experience more appropriate, personalized, and most interestingly fun. Augmented reality is a piece of the subsequent time ahead of retail.