These Digital Retail Screens Improve Sales and Security at IGA Stores
Laura McQuarrie — July 15, 2015 — Business
References: iga & canadiangrocer
A new type of digital advertising retail screen is set to make its first appearance at one a Quebec IGA store. The system developed by Impax Media takes the form of a retractable double-sided HD monitor that can be mounted on gates near checkout counters. While shoppers are standing in line waiting to pay, the screens are set to display advertising content, recipe ideas, news as well as customized messages such as in-store promotions.
Impax Media's president Stephen Kucer describes that the system "Helps to increase spontaneous purchases by creating a want and demand among people in the checkout line, which is the holy grail for advertisers because they have a captive audience for nearly three minutes on average."
Since these screens can be moved, they also double as ways to block cashier lanes that are not in use. This also makes the system useful for loss prevention, since it prevents people from exiting through areas that are temporarily restricted.
Impax Media's president Stephen Kucer describes that the system "Helps to increase spontaneous purchases by creating a want and demand among people in the checkout line, which is the holy grail for advertisers because they have a captive audience for nearly three minutes on average."
Since these screens can be moved, they also double as ways to block cashier lanes that are not in use. This also makes the system useful for loss prevention, since it prevents people from exiting through areas that are temporarily restricted.
Trend Themes
1. Digital Advertising Retail Screens - Opportunity for companies to disrupt traditional offline advertising by utilizing digital retail screens with customized messages.
2. Spontaneous Purchase Influence - Potential to disrupt consumer behavior by creating a want and demand among shoppers in the checkout line, increasing sales.
3. Multipurpose Store Technologies - Innovation opportunity to develop technologies that serve multiple purposes, such as displaying ads while also acting as a security measure.
Industry Implications
1. Retail Advertising - Opportunity for retail advertising companies to leverage digital screens to effectively reach and engage customers in-store.
2. Consumer Behavior Analytics - Disruptive innovation potential in the field of consumer behavior analysis by analyzing the impact of customized messaging on spontaneous purchases.
3. Loss Prevention Systems - Innovative potential for companies in the loss prevention industry to offer integrated systems that utilize versatile technologies like retractable digital screens.
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