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In Retail, Customer Experience is Your Most Valuable Product

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Ever notice how some online retail brands just seem to get you? You know the ones – they recommend products you actually want, their checkout process is smoother than butter, and when something goes wrong, fixing it feels almost… pleasant? 

That’s not by accident. The best retailers have figured out something crucial: in today’s digital world, the experience is just as important as the products themselves. But here’s what’s fascinating – they’re using AI in ways you might not expect to make this happen.

 

The New Reality of Retail Competition

Let’s be honest – the days of competing solely on product and price are long gone. A one-person shop can now go toe-to-toe with retail giants, all thanks to the digital playing field. But this has created an interesting challenge: how do you stand out when everyone has access to the same tools?

The answer lies in something both simpler and more complex than you might think: understanding what your customers actually want, often before they do.

 

The AI Advantage You Might Be Missing

Here’s something interesting we’ve noticed: while many retailers are focused on using AI for product recommendations (which is great!), the real game-changer is happening in customer service conversations. These everyday interactions are goldmines of insight that most brands aren’t fully tapping into.

In fact, some Loris clients are doing just that. They’re using customer conversations to inform their entire product roadmap. It’s not just about handling complaints – it’s about understanding what customers are looking for and staying ahead of trends. Pretty smart, right?

 

The Personalization Paradox

You’ve probably heard that personalization is key to success. But here’s the twist – basic personalization isn’t enough anymore. Customers expect a seamless experience across all channels, whether they’re shopping online, in-store, or through social media.

A few leading brands get this. They create experiences where you can browse online, try on in-store, and complete your purchase wherever you want. It sounds simple, but the technology and strategy behind it is fascinating.

 

The Hidden Value of Customer Conversations

Want to know the secret weapon of successful retailers? It’s hiding in plain sight – in every chat, call, and email with customers. But here’s the catch: most brands are only scratching the surface of what this data can tell them.

Modern AI tools can now analyze these conversations to reveal:

  • What customers actually want (not just what they say they want)
  • Where the biggest friction points are in your customer journey
  • Which issues are costing you the most in terms of customer loyalty
 

Where Do We Go From Here?

The retail landscape is changing faster than ever, and the brands that thrive will be the ones that master both the art and science of customer experience. It’s not just about having the right technology – it’s about using it in ways that actually make customers’ lives better.

Want to dive deeper into these strategies and see real examples of how leading brands are creating unbreakable customer loyalty? We’ve put together a comprehensive guide that breaks down 16 proven customer experience strategies used by some of the most successful retail brands.

Download our free guide to learn more about how you can transform your customer experience from good to unforgettable.

 

Remember, in today’s retail world, your customer experience isn’t just part of your product – it is your product. The question is: are you treating it that way?