WRLA NexGEN Speaker shared Global Retail Innovations at 2017 Buying Show - Now get the 2016 Retail Innovation Report for FREE!

SPONSORED IN-PART BY TIMBER MART

Al came to us from Kalypso Consulting in Dallas, Texas.  Along with updates on the current American political front, he also brought the hottest and most innovative global retail trends.  Proud sponsor of this event, Timber Mart Group, agrees that the delicious breakfast we enjoyed wasn’t the only thing to digest!

 

Some current trends in technology and eCommerce that Al outlined were...

• Companies like Amazon offer 4 out of every 5 products found in your average retail stores, but for approx. 9% cheaper. 
• Today there are over 6.4 billion inter-connected devices being used by consumers. And by 2020 it’s expected to increase to 21 billion devices.
• IoT (Internet of Things, or the networking of physical devices) will account for over $36 billion of the global retail market. Those smart drills,coffee tables and mirrors are only the beginning!

While Al didn't directly tell us, he certainly hinted at the obvious; start investing in technology! 

 

 Interested in future NexGEN Events?

Email Krista Scherpenzeel at kristas@wrla.org

 

Want to host a tour of your operation? WRLA is looking to host local events in Western Canada to bring members together, and tours are always of high interest! Contact Krista Today.