Many observers and participants in the
retail realm wring their hands and burn up brain cells wondering if online will
make in-store obsolete. I’ve expressed
my judgment many times and can sum it up in one word: poppycock.
In reality,
those with eyes to see understand that the difference between online and
in-store is dissolving as the two become one.
Amazon builds retail lockers for customer pickup. Toys’R’Us has long offered
order-online-pickup-in-store services. Best
Buy develops ship-from-store capabilities. People use online resources to make the
in-store shopping experience better!
An emerging term
for the convergence of in-store and online is webrooming: researching online
before purchasing in a store. This
builds off of the concept of showrooming whereby people go to a
physical store, examine their product options but then buy online. Bricks-and-mortar retailers like Best Buy have
felt harmed by the practice because they provide the showroom without the
benefit of selling the product.
Shoppers are
inventive. They will find the best way
to get the best deal. In-store can deliver
the best value (i.e., price, convenience, instant gratification, tactile
interaction, expert advice, etc) shoppers seek.
Retailers – and the store fixture companies who love them – are up to
the challenge of evolving to meet shoppers’ needs.
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