Attacks on retail's bottom line are myriad; from shoplifting, unscrupulous employees, organized crime and accidental loss to high-tech issues such as credit card skimming and data theft over wireless networks.
i3's intelligent solutions will help limit liability and increase profits by providing security through state-of-the-art video technology combined with user-friendly business analytics. As customers' satisfaction increases so does the health of the retailers' bottom line.
The management of product placement, traffic patterns and staff is fundamental in this market. The comparison between the number of customers entering the store and the number of hourly transactions is of vital interest to every level of store management. The i3 solution is designed to bring about beneficial change from the bottom up, enabling individual store managers to make informed decisions. This results in higher conversion rates and increased sales. A well-engineered video system, utilizing technologies such as T-log (transaction log) integration, door counting and region counting with daily store-level e-mail reports enable managers to tailor stores for ultimate productivity.
The food service industry encompasses grocery, quick service restaurants and convenience stores. These retailers face challenges uncommon to other industries. They depend on fast through-put of customers coupled with positive consumer experience. The use of video analytics to monitor and manage traffic, wait times and inventory is key to this market segment. A well-engineered video system, utilizing technologies such as point of sale (POS) integration, internet protocol video (IP video), megapixel cameras and video analytics will allow better understanding and evaluation of data so corporations can make more effective marketing and operational decisions.