The number of autonomous stores worldwide is expected to grow to 12,000 by 2027. Continue reading to find out why.
Did you know autonomous stores have the potential to nearly double profit margins compared to traditional retail stores? It's true! And when 66% of shoppers say they'd spend more if it means their purchase will be more convenient, it's no surprise that autonomous retail is growing at a rapid rate across the globe. In fact, the number of autonomous stores worldwide is expected to grow to 12,000 by 2027.
Convenience stores (c-stores), in particular, benefit greatly from implementing autonomous shopping solutions as:
AI solutions enable automated inventory management, streamlined planograms, and fast transaction processing
Retailers reduce the need for excess staff, eliminating high labor costs and optimizing staffing resources
Customers enjoy a hassle-free, convenient, and cashierless shopping experience that is available 24/7
The introduction and evolution of computer vision technology has made it simple for businesses to add a layer of sophisticated retail technology over their existing stores or launch entirely new stores with minimal business disruption. In our latest guide, we're providing step-by-step instructions on how to do both seamlessly with AiFi.
Your Guide to Implementing an Autonomous Convenience Store
Autonomous stores are becoming an integral part of the retail ecosystem. C-stores that adopt autonomous technology can easily deliver greater convenience to their customers while improving operational efficiency and labor optimization. In an increasingly competitive business environment, these advantages could be the difference between having a successful retail business and being pushed out by the competition.
Final Thoughts
With three comprehensive autonomous convenience store solutions, AiFi is customizable from layout to the integrative software and hardware needed to:
Optimize your floor plan and planograms
Address your business goals and needs
Surpass your customers' expectations
Drive revenue growth and increase scalability
Learn how AiFi's autonomous retail offerings can help you launch your own store with minimal fuss. Request a demo today to get started.