“World’s First Virtual Shopping Store opens in Korea. All the Shelves are in fact LCD Screens. Users Choose their desired items by touching the LCD screen and checkout at the counter in the end to have all their ordered stuff packed in Bags.”
The Future of Shopping
I’m not sure of the original source of this quote or when this image was taken, but clearly this is the trend to the “end”. The holy grail of retailing is broad consumer choice of product with minimal retailer inventory and labor. There are a few issues with this model for grocery and frequently purchased items such as perishables. But the implications for the overall retail market are enormous. For example this is the way to buy furniture. New models? No need to update 250 store fixtures. Just update the photo images and upc codes. Delivery in a day or two with or without white glove service becomes beyond easy. Choices of “Good, Better, and Best” can be clearly defined in a photo image.
It’s a great way for local retail to fight the online giants. Of course it’s also a great way for the online giants to create “retail” space by taking a subway billboard for example and laying out certain product selections available for immediate purchase. The future is now!