In the rapidly evolving world of retail, the integration of online and offline channels, known as omni-channel retail, is becoming increasingly important. This was the central theme of a recent talk given by Saurabh Agrawal, Senior Vice President at Lenskart, at MachineCon India 2023.
The Omni-Channel Retail Landscape
Agrawal began his talk by outlining the blurred lines between online and offline retail. The consumer purchasing cycle starts with learning and getting inspiration, which often happens online. The actual shopping can take place in-store, on mobile apps, websites, or social media. Finally, the purchase is made at the most convenient place for the consumer.
While online retail has many advantages, such as ease of discovery, pricing, delivery experience, and returns, of
Driving Omni Retail with Analytics: Insights from Saurabh Agrawal of Lenskart
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"Leveraging data and analytics in areas like AR and personalization, data-driven store expansion, online reputation management, in-store traffic measurement, and the infinite aisle concept, Lenskart is revolutionizing omni-channel retail," says Saurabh Agrawal, SVP at Lenskart.
