Connect with us

Headlines

The Age of Hyper-Curated In-Store Experiences Expected by 2030

Consumers want connected and convenient shopping, survey finds

mm

Published

on

gorodenkoff/iStock

Consumers are increasingly seeking highly personalized shopping experiences that simplify choice and flexibility, a new study by consumer financial services company Synchrony concludes. Specifically, more than 80 percent of the 1000 shoppers surveyed for Synchrony’s “Future of Shopping”  expect experiences curated just for them by 2030.

 The research also determined that retailers who prioritize an experience-driven shopping strategy will prevail if they continue to innovate and differentiate themselves with new technologies.

Synchrony’s study indicates that the proliferation of retail channels, formats, platforms, and intermediaries has fragmented the shopping landscape over the past few years, creating stress for both shoppers and retail strategists. Moving forward, the focus will be on developing more connected experiences across channels, brands, online and in-store.

“Our study found that shopping does not happen in isolation, but rather with connected ecosystems driven by unique technologies that play a critical role for retailers seeking to meet these consumer demands,” said Florin Arghirescu, Synchrony’s Senior VP and Chief Product Officer.

Click here for more from the study.

The Shop! Association is a global trade association dedicated to advancing the retail environment and experience industry. Its purpose is to empower members to innovate at retail by connecting them with education, insights, and events that support collaboration and forward-thinking solutions. From ideation through implementation, Shop! engages its diverse membership to co-create innovations that help shape the future of retail worldwide. Central to its mission is fostering an inclusive culture that embraces diverse voices and upholds high standards of ethics and transparency. Since 1956, Shop! has empowered its members to innovate at retail through education, insights and events. Learn more by visiting shopassociation.org. Interested in joining the Shop! Association? Reach out to Dina Meindl, Membership Services, for more information today! [email protected].

Advertisement

Most Popular