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A new reality for brands: the 4.0 Era focused on the human

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Bibliographic Details
Summary:Technological advances and changes in consumer behavior have marked a new era in retail. In addition to a re-inforcement of the omnichannel approach (Retail 3.0), the changes in marketing and retail strategies aim to strengthen the unification between the online and offline world, with the introduction of new technologies centered on the human being and its purchase process. In this way, the present article addresses and contextu-alizes the so-called "digital phenomenon", which marked the transition from Retail 3.0 to Retail 4.0, focusing entirely on the consumer and their relationship with the brand. Also presents a literary revision of the concept 4.0 and the factors that led to this transformation, with a look at the current consumer and his interaction with this new reality.
Main Authors:Abreu, Maria José
Other Authors:Fernandes, A. R.
Subject:Consumer behaviour Retail 4.0 Omnichannel Retail strategies Ciências Sociais::Ciências da Comunicação
Year:2020
Country:Portugal
Document type:book part
Access type:restricted access
Associated institution:Universidade do Minho
Language:English
Origin:RepositóriUM - Universidade do Minho
Description
Summary:Technological advances and changes in consumer behavior have marked a new era in retail. In addition to a re-inforcement of the omnichannel approach (Retail 3.0), the changes in marketing and retail strategies aim to strengthen the unification between the online and offline world, with the introduction of new technologies centered on the human being and its purchase process. In this way, the present article addresses and contextu-alizes the so-called "digital phenomenon", which marked the transition from Retail 3.0 to Retail 4.0, focusing entirely on the consumer and their relationship with the brand. Also presents a literary revision of the concept 4.0 and the factors that led to this transformation, with a look at the current consumer and his interaction with this new reality.