{"id":1674582,"date":"2018-10-17T14:47:08","date_gmt":"2018-10-17T21:47:08","guid":{"rendered":"https:\/\/www.retailpro.com\/News\/blog\/?p=1674582"},"modified":"2018-10-17T14:30:27","modified_gmt":"2018-10-17T21:30:27","slug":"has-walmart-cracked-the-omnichannel-challenge","status":"publish","type":"post","link":"https:\/\/www.retailpro.com\/News\/blog\/index.php\/2018\/10\/17\/has-walmart-cracked-the-omnichannel-challenge\/","title":{"rendered":"Has Walmart cracked the omnichannel challenge?"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1674583\" src=\"https:\/\/www.retailpro.com\/News\/blog\/wp-content\/uploads\/2018\/10\/2018-07-17_Omnichannel.walkmart.nicole-honeywill-568366-unsplash.jpg\" alt=\"\" width=\"640\" height=\"440\" srcset=\"https:\/\/www.retailpro.com\/News\/blog\/wp-content\/uploads\/2018\/10\/2018-07-17_Omnichannel.walkmart.nicole-honeywill-568366-unsplash.jpg 640w, https:\/\/www.retailpro.com\/News\/blog\/wp-content\/uploads\/2018\/10\/2018-07-17_Omnichannel.walkmart.nicole-honeywill-568366-unsplash-300x206.jpg 300w, https:\/\/www.retailpro.com\/News\/blog\/wp-content\/uploads\/2018\/10\/2018-07-17_Omnichannel.walkmart.nicole-honeywill-568366-unsplash-436x300.jpg 436w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Offering customers the ability to seamlessly move from online shopping to brick and mortar and back to online is the crux of the omnichannel experience.<\/p>\n<p>Shoppers can buy products 24\/7, go to a physical store for an in-person inspection, and then make the purchase using either channel based on convenience.<\/p>\n<p>Increasing numbers of retailers are incorporating omnichannel aspects into their business plans, including buy online, pickup in store (BOPIS), endless aisles and curbside pickup.<\/p>\n<p>Creating efficient and profitable omnichannel strategies is a challenge for any business, yet their importance is well understood.<\/p>\n<p>A recent study by Multichannel Merchant and Brightpearl found that 87% of retailers agree omnichannel is a critical business function, yet only 8% believe they are proficient at implementation.<\/p>\n<p>That indicates a long road ahead: Retailers are clearly overcome with the technical challenges and customer expectations that are large parts of implementing an omnichannel presence.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"color: #6f737b;\">What Walmart is doing<\/h3>\n<p>&nbsp;<\/p>\n<p>Recently, retail powerhouse Walmart has taken up the omnichannel challenge.<\/p>\n<p>Walmart introduced its shoppers to a new e-commerce feature: 3D virtual shopping. Viewers can &#8220;walk through&#8221; an apartment outfitted with home goods sold by Walmart.<\/p>\n<p>Certain items are designated as being available through the retailer, and by selecting an icon, the shopper can view a brief description and is offered an option to place it into a shopping cart.<\/p>\n<p>The experience offers shoppers the benefit of seeing how items look in context: How an object will look in a home, rather than on a shelf in a store with dozens of similar items next to it.<\/p>\n<p>Furniture stores have been using similar staging techniques forever. But Walmart, like other big-box retailers, has no space to devote to setting up faux living rooms, kitchens, bedrooms and bathrooms.<\/p>\n<p>So using e-commerce site \u2014 where space is plentiful \u2014 is the perfect solution.<\/p>\n<p>The apartment showcases roughly 70 different items, and it is easy to see how the virtual environment can be used an infinite number of ways.<\/p>\n<p>Walmart plans to add &#8220;Buy the Room,&#8221; which lets customers add groups of coordinated products to their shopping carts at one time.<\/p>\n<p>Aimed initially at shoppers for dorm-room items, five curated collections will be offered.<\/p>\n<p>Such unique online experiences can help create a seamless omnichannel experience for shoppers.<\/p>\n<p>For example, a mom and daughter go shopping for the daughter&#8217;s first apartment. They arrive at Walmart, but are overwhelmed by the selection and can&#8217;t visualize how items will look in an apartment.<\/p>\n<p>Pulling up walmart.com on a mobile phone offers a 3D apartment tour, helping put the items in a more familiar environment.<\/p>\n<p>Some of the items can be purchased while they are in the store \u2014 and others may be only available online.<\/p>\n<p>Both sales channels are used to provide the customers exactly the items they desire.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"color: #6f737b;\">Customers want a better, integrated shopping experience<\/h3>\n<p>&nbsp;<\/p>\n<p>A recent Accenture study found that 32% of consumers said that the integrating the mobile, website and in-store shopping experience is the biggest improvement retailers need to make.<\/p>\n<p>The old \u201ccustomer-centric,\u201d multichannel approach is being replaced by a more assertive, customer-driven approach.<\/p>\n<p>It is not enough for companies to simply know each customer, but they must also respond dynamically to customers who are constantly re-evaluating what they want to buy and where they want to buy it.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>Photo by\u00a0<a href=\"https:\/\/unsplash.com\/photos\/ssDczX9Fbek?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Nicole Honeywill<\/a>\u00a0on\u00a0<a href=\"https:\/\/unsplash.com\/?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Unsplash<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; Offering customers the ability to seamlessly move from online shopping to brick and mortar and back to online is the crux of the omnichannel experience. Shoppers can buy products 24\/7, go to a physical store for an in-person &hellip; <a href=\"https:\/\/www.retailpro.com\/News\/blog\/index.php\/2018\/10\/17\/has-walmart-cracked-the-omnichannel-challenge\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,45],"tags":[],"class_list":["post-1674582","post","type-post","status-publish","format-standard","hentry","category-e-commerce","category-specialty-retail-industry-trends"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Walmart introduced its shoppers to a new e-commerce feature: 3D virtual shopping.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Monica Quinn\"\/>\n\t<meta name=\"google-site-verification\" content=\"XyKE57WkYbCwHXt3SDA4qQs7vJvHa7b7TGPfm56nHC0\" \/>\n\t<meta name=\"keywords\" content=\"vr,virtual reality,customer experience,cx,big data,ecommerce,online shopping,retail,retail experience,experiential retail\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.retailpro.com\/News\/blog\/index.php\/2018\/10\/17\/has-walmart-cracked-the-omnichannel-challenge\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Retail Pro Blog | Just another WordPress weblog\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Has Walmart cracked the omnichannel challenge? 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