03/06/2018

Winter is Coming in 2020 For Those Not Prepared - Are Your Members Ready?

New advances in automation are taking shape that will impact your members' business models

As of the writing of this blog, new technology advances have been released that are game changers for many industries.  Each month, new advances in automation are taking shape that will create opportunity or eliminate your member's business model.

New advances that have been recently launched are:

Amazon GO Stores
Located in Seattle, Washington and tested over three years with their employees, Amazon went live with their first brick and mortar GO Store.  With "waiting in long checkout line" being the #1 pain point for consumers in retail stores, Amazon's GO Store has no checkout lines.  You may be asking, "So how do you pay for your good?"  Very simple...  When you enter, you scan your Amazon GO Store app.  Once inside, anything you pick up and put in your physical cart, gets put in your online cart.  When you walk out of the store, the app charges your credit card and you are immediately sent a receipt.  ALL with no human interaction or checkout lines.  The employees you do see and there for assistance and stocking.  This is HUGE for any industry in retail or supporting retail in that it minimizes the number of people it takes to deal with a consumer.

Please select this link to read the complete article from Tom Morrison.