TSPs have the opportunity to provide solutions that enhance customer experiences – and deliver quick ROI.
Merchants recognise that digital signage offers value to their operations. It allows them to display content in eye-catching ways. Changing digital signage content is easier and faster than printing paper signs, giving them more agility to adapt when a menu or special promotion changes. It can make the wait seem shorter when customers must stand in a queue by displaying content that entertains them. Digital signage solutions can even give merchants a new revenue stream by displaying ads from brand partners. However, most merchants have only scratched the surface of what this technology can do. Technology solutions providers (TSPs) have the opportunity to educate their customers about digital signage’s broader potential, including as an effective method of personalising customer service.
The Advantages of Interactive Digital Signage Integrated with CRM Data
Digital signage can do more than display static or preprogramed content. It can respond with relevant messaging when a customer is nearby, requests information, or engages with it. For example, a quick service restaurant (QSR) diner can browse a digital menu. The solution can recognise the customer based on an opt-in to the restaurant’s loyalty program and make recommendations based on previous orders. Artificial intelligence (AI) can boost the solution’s speed and capabilities, enabling it to compare the customer’s data to other diners’ and make upsell or cross-sell recommendations for sides or combos the customer is most likely to buy.
An interactive digital signage solution can also allow customers to access their loyalty rewards accounts, check availability points, apply them to orders, or browse promotions – which may be enough of an influence to convert or increase the purchase size. Furthermore, with customers’ consent, the solution can learn more about them from their interactions with the digital signage solution and use it to hyper-personalise future engagements.
Digital Signage Is More than Self Service
Interactive digital signage solutions can take self-service to a new level, giving customers access to product information and complete transactions. However, innovative TSPs can help merchants create other types of exciting, memorable customer experiences that help them grow their businesses:
Deliver on Expectations
Your clients and prospects may be sceptical that expanding their digital capabilities in-store can make service more personal. However, a well-crafted interactive digital signage solution can enable merchants to meet consumer expectations, automate and hyper-personalise customer engagement, and reap the benefits. McKinsey & Company reports that personalisation can lead to a 1-2 per cent lift in grocery sales and even more in other retail sectors. It also drives loyalty, increases spend and can reduce marketing costs by 10-20 per cent. Furthermore, personalisation can increase customer satisfaction rates by 20 per cent. Use your knowledge and expertise to show your clients how to leverage digital signage solutions to achieve that ROI and differentiate their businesses and loyalty-building experiences.