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How Tech & Data Helps Your Store Adapt to Market Changes

24 Jan 2025

How Tech & Data Helps Your Store Adapt to Market Changes

Retail & Consumer Goods
Data Analytics & AI
Business Strategy & Growth
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Article

6 min read

Well, you've probably heard and seen the rapid changes taking place in the retail industry (especially with the advent of e-commerce). Consumers expect convenience, personalization and fast service at every step. Technology & data are key to a retail strategy; they're essential for understanding shopper behavior and adjusting offers in real time. Whether you run a small boutique or an online marketplace, staying relevant means embracing new tools, analyzing buying patterns, and focusing on a seamless customer journey. In this article, together with Olga Petrascu | Retail & HoReCa expert - we'll explore practical ways to adapt to these changes and stay ahead in a competitive, ever-evolving marketplace.


Putting the customer at the center of everything you do is the top priority in retail and eCommerce, providing experiences that keep them coming back for more and recommending exactly what they seek. - Olga



Introduction to Modern Retail


Retail comes from the Old French word tailler, meaning “to cut off,” originally referring to selling goods in small quantities. Over centuries, this simple concept of buying and selling has expanded into a vast ecosystem of shops, department stores, supermarkets, and digital platforms. We’ve gone from individual artisans cutting cloth for local customers to multi-channel operations serving global audiences.


Back in the 1980s and 1990s, retail primarily happened offline. Shoppers visited physical stores, and personal interactions were key. Advertising relied heavily on print, television, or radio, and big marketing campaigns were often one-size-fits-all. Today, everything has changed: the internet has opened the door to countless online retailers, subscription services, and niche offerings. Customers can research products at home, compare prices on their phones, and finalize purchases online, sometimes picking up orders in-store minutes later.


[A Brief History and Types of Retail]


• Department Stores: Large, complex setups selling a wide array of goods.

• Specialty Stores: Narrow product lines (e.g., sporting goods, children’s clothing).

• Supermarkets: Mainly food items, self-service, broad assortments.

• Convenience Stores: Quick stops with limited items at premium prices.

• Discount Stores: Low prices, high turnover (think major budget chains).

• Hypermarkets: Giant stores offering products from groceries to electronics.


Beyond these categories, there’s also the concept of third-party retail, where smaller brands use another retailer’s platform (like a department store or an online marketplace) to reach customers directly. This arrangement benefits from built-in foot traffic—both physical and digital.


[From Physical Retail to Omnichannel]


In the past, businesses saw online and offline as two separate worlds. Now, an omnichannel approach merges every point of contact under one umbrella. A shopper might browse your website, check reviews on social media, then test the product in-store. They want consistency at each step—price, availability, and brand message.


Modern success stories show that blending offline and online can lead to higher sales and stronger loyalty. Some retailers link store Wi-Fi to online accounts, gathering data in one place. This unified login offers deeper insights into customer behavior. Whether a user is scanning shelves in-person or browsing a mobile app, the retailer can adapt experiences and offers accordingly.


Tech & Data as Key Enablers


Staying flexible in retail means tapping into real-time information about products, customers, and trends.


Data and technology turn guesswork into informed strategy. When retailers gather point-of-sale data, website analytics, and social media metrics, they see patterns—like which items sell better on weekends, or which promotions bring in new customers. - Olga


[Data-Driven Personalization]


Data isn’t just about numbers; it’s about better customer experiences. By analyzing browsing habits and purchase histories, businesses can:


• Recommend relevant products

• Personalize email campaigns

• Offer dynamic pricing based on demand


Large online platforms pioneered this approach with machine learning. Physical stores are catching up by using similar algorithms to arrange shelves, forecast popular products, and provide interactive shopping tools. Shoppers increasingly expect recommendations that feel personal and timely, whether they’re online or offline.


[Bridging Physical and Digital]


The biggest retailers have proven that physical spaces still matter. About 60% of customers are “tactiles”—they like to touch or see a product before deciding. That said, online shopping remains more efficient for quick comparisons and wide selections. The real magic happens when both worlds unite:


• Buy Online, Pick Up In-Store (BOPIS): Reduces delivery costs and wait times.

• Interactive Kiosks: Provide real-time inventory and product demos in store.

• Mobile Apps: Let customers scan items for reviews or discounts instantly.


When all channels work together, shoppers spend more time (and money) with your brand.


Innovating the Customer Experience


In a crowded market, experience is everything. Beyond simple transactions, people crave unique, meaningful interactions. Technology can enhance real-world shopping, but it should never replace genuine service and human connection.


[Emerging Tools: AR, VR, and Beyond]


• Augmented Reality (AR): Let customers virtually “try on” a product or see how furniture fits in their home.

• Virtual Reality (VR): Transport shoppers into immersive showrooms, even if they’re on the other side of the world.

• Data Science: Make sense of offline and online customer journeys. Tools like predictive analytics can forecast sales spikes or highlight product gaps.


Such innovations not only boost convenience but also reduce return rates, since customers gain clearer expectations of a product before purchase.


[Tactile Advantage of Physical Retail]


Despite the rise of e-commerce, brick-and-mortar still holds an edge for many buyers. They enjoy engaging with knowledgeable staff, touching merchandise, and being around other shoppers. Smart retailers capitalize on this by offering:


• Product Demos or taste tests

• Workshops to educate customers on complex items

• In-Store Events that draw people in and create community


Online businesses can complement these experiences by providing quick reorders, deeper product details, and easy returns.


Real-World Examples: How EBS Integrator Helps Adapt


Technology is powerful, but only when applied smartly. EBS Integrator has partnered with various retailers to implement practical solutions that balance innovation with real business needs.


[Kupatana: Turning Traffic Spikes into Opportunities]



Tanzanian online marketplace for buying and selling new or used items across various categories, featuring geo-located listings, in-app chat, and real-time notifications


Kupatana’s online marketplace experienced a sudden surge of visitors after a large TV campaign. Without the right infrastructure, websites often crash under such pressure. EBS Integrator stepped in to analyze user data and scale the platform quickly. By leveraging real-time traffic insights, Kupatana avoided downtime, improved user experience, and converted a short-lived spike into lasting growth.


[Lensa: Personalized Shopping with AI]


Top Romanian optical retailer with an integrated ERP system, AR fittings, seamless online and offline operations, and efficient order processing


Lensa, a retailer focusing on optical products, needed to personalize both online and in-store journeys. EBS Integrator developed AI-driven tools that track preferences for lens coatings, frame styles, and price sensitivity. This real-time personalization helped Lensa boost conversion rates while reducing returns—customers got exactly what they needed on the first try.


[Prsnt: Enhancing Gifting with AR]


Instant gifting app with seamless digital gift delivery, personalized messages, automated campaigns, real-time notifications


Prsnt specializes in instant gifting, letting shoppers explore products in interactive ways. With EBS Integrator’s AR solutions, customers can see how items look in different settings, from clothing to décor. This experience increases trust in the product and reduces uncertainties. The result? Higher sales, lower return rates, and happier gift recipients.


Overcoming Common Challenges


[Integrating Old and New Systems]


Many retailers have legacy software that doesn’t “talk” well with modern e-commerce tools. Switching everything at once is risky. Gradual integration allows each stage to be tested, keeping daily operations stable. By mapping existing workflows and identifying quick wins, businesses can add new features without overwhelming staff.


[Security and Data Privacy]


The more data you gather, the greater your responsibility to keep it safe. Cybersecurity threats range from phishing attacks to sophisticated hacking attempts. Retailers must invest in robust encryption, regular audits, and staff training. Regulations like GDPR add extra layers of compliance. Ultimately, strong security builds trust—an invaluable asset when customers share payment and personal details online.


Adapting to market changes in retail and e-commerce means combining tradition with innovation. From understanding the roots of “retail” to adopting AI, AR, and data-driven personalization, businesses can create seamless, relevant experiences. The success stories of Kupatana, Lensa, and Prsnt show how a thoughtful digital transformation elevates every aspect of the customer journey. By balancing online efficiency with in-store engagement, retailers can win big but, to get the best results and make sure the strategy works we recommend to collaborate with someone who has been around the industry not just technology.

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