COVID-19 Secure Retails: The Technology
30 June, 2020: By Ajoy Maitra
Post pandemic striken world, many parts of the world are still facing issues in opening retail stores or regaining normal lifestyles. Increasing numbers of COVID spread, concerns regulators to control further contaminations through sanitization initiatives and extended lockdowns at severely affected parts of a country.
Retail stores' independent revenue worldwide amounts to an average of $28,090 per month. Looking at that figure, its a huge loss for the economy at the fall of the retail revenue. Conversion of potential customers leads from 75% of those who visits a store, out of which only 35% may crack a deal.
Creating a safe environment effectively and providing economies to scale requires deployment of right technology to ensure safety for both staffs and customers. According to the data from Indian Brand Equity Foundation (IBEF), Indian retail sector is poised to double by 2024 to be valued at $1.4 trillion.
It has an accurate monitoring system that captures the number of people entering in a store or a specific area of the store. Such technology has the potential to limit the number of people allowed at once, so that the risk of contamination minimises by maintaining a minimum of 2 meter distance among the customers.
An online booking of a slot provides ease of safety and getting a preferred visit to the store. It claims to an upturn in sales figures of around 33% increase in average transaction value for each customers thereby portraying a successful application at the present situation.
Though touchscreen itself was a great invention, however, additional technological upgrade includes protection from hundreds of people touching the same screen, initiating risk of virus transmission. Dublin based Kastus technology has invented a coating technology which has been confirmed to be effective in blocking 99.99% surface bacteria & coronavirus. Such protective layer is even available for commercial as well as consumer use in touchscreen devices.
Looking forward onto the potentials of technologies and with the great inventions, it is possible to revolutionize the Fourth Industrial Revolution of Digitisation all over the world.
Technologies To Provide Retail Safety Support
Limit to Store Footfalls
Checkpoint Systems, an American technology provider for loss prevention allowing retailers to track inventory, has lauched a new system of real-time monitoring: 'Smart Occupancy'.
It has an accurate monitoring system that captures the number of people entering in a store or a specific area of the store. Such technology has the potential to limit the number of people allowed at once, so that the risk of contamination minimises by maintaining a minimum of 2 meter distance among the customers.
Retail Choreography
Qudini, London based software company, created an application by which customers can virtually queue in places of large gatherings as retail stores, malls, parks.
An online booking of a slot provides ease of safety and getting a preferred visit to the store. It claims to an upturn in sales figures of around 33% increase in average transaction value for each customers thereby portraying a successful application at the present situation.
Protected Touchscreens
Touchscreen is a serious issue which has been ignored so far as it is not recommended in such a pandemic situation. However, technological advancement to the touchscreens may secure such concerns to protect humans from the spread of viruses transmitted by touch.
Though touchscreen itself was a great invention, however, additional technological upgrade includes protection from hundreds of people touching the same screen, initiating risk of virus transmission. Dublin based Kastus technology has invented a coating technology which has been confirmed to be effective in blocking 99.99% surface bacteria & coronavirus. Such protective layer is even available for commercial as well as consumer use in touchscreen devices.
Looking forward onto the potentials of technologies and with the great inventions, it is possible to revolutionize the Fourth Industrial Revolution of Digitisation all over the world.