Home / Knowledge / News / Apparel/Garments / Radius8's launches new technology for retailers
Radius8's launches new technology for retailers
17
May '16
Radius8, a retail tech startup, has announced the launch of its technology platform that creates a direct connection from any consumer's device to the physical retail store that's closest to them. The technology empowers retailers to broadcast inventory, track local shopping behavior and allows customers to discover local store merchandise online.

 

Radius8 enables instant access to the store's inventory, local buying trends, and store-only deals that drive traffic and sales right into the store. Retailers can use the Radius8 web based interfaces to dynamically market, merchandise and promote store-specific inventory and events, in real time, responding to local trends and preferences in unprecedented ways.

“We leverage the convenience and reach of the retailer's existing digital channels by enabling their brick and mortar stores to proactively and seamlessly communicate what's locally available. This is the reverse of what happens today where consumers have to hunt an entire e-commerce site to see if products are in-stock at the local store. Radius8 drives increased foot traffic and motivated buyers to the store, more effectively monetizing local store inventory. Radius8 makes the store come alive for an easy shopping experience,” said Sandeep Bhanote, Radius8 co-founder and CEO.

“We're ultimately converting 'on-line' browsers into 'in-store buyers,' where lifetime value per customer is highest. This technology will help make the retail store a key strategic advantage,” Bhanote added. (NA)

Fibre2fashion News Desk - India


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search