TRY ME IoT is used to manage the date of customers and to give a personalized experience to them. With all of this data, stores can offer a level of personalization we’ve never seen before. Knowing the profile of the person in your store – understanding their needs and preferences – is the key to successful retail. Also, self-checking out at the store and the rise of digital wallets is part of IoT devices.
New things such as dynamic pricing that change the price of the product according to demand and supply of products at the retail outlet are also part of this phenomenon. TRY ME enables businesses to comprehend their customers better and create differentiated experiences to build customer loyalty.