The role of technological innovationin merchandising
Închide
Conţinutul numărului revistei
Articolul precedent
Articolul urmator
50 0
SM ISO690:2012
STOICA, Mariana. The role of technological innovationin merchandising. In: Three Seas Economic Journal, 2023, vol. 4, nr. 4, pp. 19-27. ISSN 2661-5150. DOI: https://doi.org/10.30525/2661-5150/2023-4-3
EXPORT metadate:
Google Scholar
Crossref
CERIF

DataCite
Dublin Core
Three Seas Economic Journal
Volumul 4, Numărul 4 / 2023 / ISSN 2661-5150 /ISSNe 2661-5290

The role of technological innovationin merchandising

DOI:https://doi.org/10.30525/2661-5150/2023-4-3
JEL: L81

Pag. 19-27

Stoica Mariana
 
Moldova State University
 
 
Disponibil în IBN: 20 martie 2024


Rezumat

This academic paper aims to explore the role of technological innovation in merchandising and its impact on consumer behaviour and retail performance. The study uses a systematic review and metaanalysis approach to collect and analyse existing research articles, industry reports and case studies related to technological innovation in merchandising. A comprehensive search strategy is used to identify relevant literature sources and rigorous inclusion and exclusion criteria are applied to select high quality studies for analysis. The results of the systematic review and meta-analysis demonstrate the significant impact of technological innovation on various aspects of merchandising. These include improvements in inventory management, supply chain logistics, product presentation and customer engagement. In addition, the integration of technology into merchandising strategies was found to enhance the customer experience, increase sales conversion and improve overall retail performance. The findings of this study have practical implications for retailers and marketers seeking to leverage technological innovation in their merchandising strategies. It highlights the importance of embracing emerging technologies such as augmented reality, virtual reality, mobile applications and smart devices to create immersive and interactive shopping experiences. Retailers can use these technologies to improve product discovery, provide personalised recommendations and streamline the buying process. In addition, the study highlights the need for continuous adaptation and investment in technology to remain competitive in the evolving retail landscape. This research contributes to the existing body of knowledge by systematically synthesising the available evidence on the role of technological innovation in merchandising. It provides valuable insights into the potential benefits and challenges associated with the adoption of new technologies in the retail sector. This study serves as a valuable resource for academics, practitioners and policy makers interested in understanding and harnessing the power of technological innovation in merchandising.

Cuvinte-cheie
technological innovations, merchandising, consumer behaviour, supply chain logistics, augmented reality, retail, competitive advantages.