3 Ways 5G Will Transform the Retail Industry

The advent of 5G combined with IoT connectivity presents ambitious retailers with the opportunity to upgrade from brick-and-mortar stores to create future experiences shoppers could only imagine.

High-speed 5G connectivity will bring retailers an intelligent ecosystem of connected devices and technologies at scale, regardless of location. When available en masse, retailers will witness improvements across the supply chain with new storefront sales opportunities, more cost- and time-efficient delivery practices, and increased visibility into product provenance and authenticity.

5G gives rise to roaming retail opportunities

What would the future hold if the store could travel directly to individual customer locations, driven by an autonomous vehicle? 5G offers the opportunity for roaming retail locations to bring products to the consumer’s doorstep and then move on to the next delivery stop. This not only expands the reach of the retailer, but also offers a new level of service to customers who may not have the time or physical ability to visit a brick-and-mortar storefront or showroom. Self-driven retail stores may also yield lower maintenance costs than traditional physical locations thanks to decreased foot traffic and general human-caused wear and tear on facilities and fixtures. …

Continue reading this article where it originally appeared on TechTarget.

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