Tech and Vendors: The Paradox of Choice; Using Tech to Discover The Right Brands For Your Business
(Room N243)
13 Mar 18
11:30 AM
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12:30 PM
Tracks:
Independent Retailer Conference
New business models and new technology are changing the game, and 2018 will be the year that a new world of retail starts to take shape. Thanks to the internet, major gatekeepers are being eliminated and independent and digitally native brands are entering the marketplace by the thousands. Quality, not quantity, will become the defining trend as consumers turn towards businesses that can offer curated retail experience, rather than those that simply offer the most product. Retail buyers responsible for stocking stores will start demanding better tools to facilitate B2B (business to business) buying - a trillion dollar market currently divided between 1.2 million retailers. In the face of intense competition, these retailers will seek to consolidate their power to improve economies of scale while increasing their products’ speed and efficiency to shelf.