Future of retail is omnichannel, contactless & tech-driven. The retail industry will be more tech-driven as contactless consumption is going to become the new norm.

1. Future of retail is omnichannel,
contactless & tech-driven…
LinkedIn: @Kiran Mandrawadkar

2. The retail industry will be more tech-driven as contactless
consumption is going to become the new norm

3. More and more retailers will have to adopt technology as
consumers will be skittish about staying long in any store and
if they visit at all, only tech-savvy stores will see footfalls.

4. Magic mirrors are 3D virtual fitting rooms with realistic cloth
simulation. Retailers will turn to VR (virtual reality) and AR
(Augmented Reality) to create that three-dimensional layer.

5. Most Indian consumer brands feel that the future of Indian retail
will be omnichannel - a multichannel approach to sales that
seeks to provide customers with a seamless shopping experience,
whether they are shopping online from a desktop or mobile
device, by telephone, or in a brick-and-mortar store.

6. Going forward, retail industry may implement contactless and
mobile payments, which may be the only way to transact as
customers may avoid 'touch' as much as possible.
Contactless can range from QR codes, mobile payments and
tap and go technologies.

7. Stay tuned for more updates…
Kiran Mandrawadkar
TW: @kirandm1234
LinkedIN: @Kiran Mandrawadkar
Facebook: @Kiran Mandrawadkar