Cashierless Checkout Comes to a Store Near You. What are your thoughts?

With news that Amazon is in talks to bring its cashierless technology to retailers in places like airport shops and movie theaters, it’s only a matter of time before cashierless stores make their way to your town. Amazon’s cashierless technology has so far been limited to its 16 Go stores. However, CNBC reports that the plan is to license the Go technology to other retailers in hopes to “have hundreds of these stores working by the end of 2020.” With Amazon driving to get cashierless stores up and running quickly, it’s only a matter of time before other major retailers follow suit, priming cashierless stores for a major breakout in 2020.

Smart Displays Push Voice Commerce Into the Spotlight. What is your prediction?

Voice commerce has seen modest growth in the retail industry thus far…but that’s about to change. Voice commerce in 2018 surpassed the $2 billion mark, but that represents only 0.4% of US e-commerce sales. However, that is merely the beginning, and the growing popularity of smart displays paired with voice will grow that number exponentially. According to Voicebot, “smart display owners were 133% more likely to make voice purchases on a monthly basis in 2018 and 76% more likely to be conducting product searches using the devices.” The ability to preview a product on a screen is an obvious benefit to voice experiences as shoppers will feel more comfortable purchasing products that they can see beforehand. We expect voice commerce to quadruple by the end of 2020, driven largely by the growth of smart displays and improved voice experiences.

Could you tell us how the digital issues during the Holiday Season impact retailers’ futures?

Although the 2019 holiday shopping season was a big boon to retailers’ wallets, it could have been even more profitable. According to the 2019 Retail Quality Report, more than $60 million in holiday season sales were lost last year because of just 65 high-severity bugs. Overall, there were over 3,000 bugs found during the study, but the most damaging ones occurred in the shopping cart, product pages and account pages. Unless top retailers made major changes to their digital quality and testing approaches, they are likely in for more of the same during the 2019 holiday season. And that could mean millions in lost sales for the world’s top retailers at a time when store closures and cutbacks are the norm.