Monday, January 6, 2014

TECH/ FUTURE SPECIAL.....Do You Know What Life Will Be Like In 5 Years? IBM's Top Scientist Does (3)



Do You Know What Life Will Be Like In 5 Years? IBM's Top Scientist Does (3)

3. Buying Local Will Beat Online




Online stores currently have an advantage in their ability to learn from the choices we make on the Web. While brick-and-mortar retailers drive a significant majority of retail sales, online sales topped $1 trillion worldwide for the first time last year, according to eMarketer, and are growing faster.



Today, retailers are experimenting with new services that combine digital and physical experiences in the store. In five years, retailers will rely on cognitive technologies to make sales associates experts on every product they carry, so employees can build on the rapport of face-to-face interactions with more well-informed service. And as cognitive systems supported by cloud computing build on their understanding of what makes individuals tick, retailers will soon be able to anticipate with incredible accuracy the products you most want and need.

"When you walk into that retailer's shop, everything you browse, it actually pops up on a screen on your device automatically and says, ‘Hey, I see from your GPS you're in one of our stores and you are interested in these four items. Let me tell you the precise aisles and the precise shelves you can locate them on to go see if you like them or not." 

Local stores will know their clientele so well that they’ll optimize what they carry in their store. Given their proximity, stores will offer you a variety of fast pick-up or delivery options. Two-day shipping will feel like snail mail. Five years from today, the store will be the place where we go for personalized advice, expert counsel, and the opportunity to experience products in immersive and exciting new ways.

"There's a whole infrastructure in retail that will be enabled by this, and it will be a very interesting sort of smart combination of what we think of today as intelligent selling over the Web and intelligent enablement in our bricks and mortar environment.” 


http://www.fastcoexist.com/3023514/futurist-forum/do-you-know-what-life-will-be-like-in-5-years-ibms-top-scientist-does?partner=newsletter

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