So Amazon opened their first cashier-less store today. The company I work for has been testing this tech as well for a few years, but more from a marketing perspective. This could be where retail shopping will be headed.
1> Long term it will lower costs (fewer employees).
2> With the data that is collected from all of us, it will use the tech to market you while you're in the store. So for example, if you've bought an IPA beer in a previous trip and the next trip you're just in there to get some milk, the app will might let you know there's an IPA on the beer isle on sale. Ultimately replacing those coupon flyers you get in your snail mail.
We know how cut-throat the retail business is. By eliminating employee costs this could allow Amazon to lower the prices of their goods that would be incredibly difficult for a standard grocery store to compete. I mean we all saw how Wal-Mart eliminated A LOT of retail/grocery stores during their spread.
Wal-Mart/Sams has been laying off a lot of people recently and I wonder if it's ultimately as a result to the market share Amazon is taking more and more of each quarter.
https://www.npr.org/sections/thetwo...hier-less-seattle-grocery-opens-to-the-public
1> Long term it will lower costs (fewer employees).
2> With the data that is collected from all of us, it will use the tech to market you while you're in the store. So for example, if you've bought an IPA beer in a previous trip and the next trip you're just in there to get some milk, the app will might let you know there's an IPA on the beer isle on sale. Ultimately replacing those coupon flyers you get in your snail mail.
We know how cut-throat the retail business is. By eliminating employee costs this could allow Amazon to lower the prices of their goods that would be incredibly difficult for a standard grocery store to compete. I mean we all saw how Wal-Mart eliminated A LOT of retail/grocery stores during their spread.
Wal-Mart/Sams has been laying off a lot of people recently and I wonder if it's ultimately as a result to the market share Amazon is taking more and more of each quarter.
https://www.npr.org/sections/thetwo...hier-less-seattle-grocery-opens-to-the-public