Intelligent CIO Africa Issue 15 | Page 21

//////////////////////////////////////////////////////////////////////////////////// TRENDING REPORT HIGHLIGHTS IMPORTANCE OF AN IMPROVED CUSTOMER STRATEGY Feedback from the Total Retail Survey 2017 highlighted that a third of South African bricks and mortar retailers are aware of how important an improved customer strategy is, with another third indicating that they are struggling to implement it. O nline shopping has never been easier or more intuitive. You’re at work or lying in bed and with a simple click of the mouse you can book a dream vacation or the latest curved smart television, or your weekly groceries can be delivered to your doorstep. And even better, most often the online shopping experience just ‘gets your preferences right’. Leon Coetzer, COO of redPanda Software, said: “Today, consumers have the upper hand when it comes to the experience they demand in-store. Bricks and mortar stores are starting to respond to changing consumer behaviour by tying the in-store www.intelligentcio.com and online shopping experience into one connected experience.” Mastercard SpendingPulse’s latest retail sales figures show that the December 2017 holiday sales in the US increased by 4.9%. This is the largest year-over-year increase and most dollars spent by consumers since 2011. South Africa is in the midst of a worldwide evolution, with US online retail figures leaping 18.1% at the end of 2017 compared to 2016. “This paints an interesting picture of where consumer spending is heading and the direction bricks and mortar stores need to take “ TODAY, CONSUMERS HAVE THE UPPER HAND WHEN IT COMES TO THE EXPERIENCE THEY DEMAND IN-STORE. INTELLIGENTCIO 21