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Submission: On February 20 via api from US — Scanned from DE
Effective URL: https://insideretail.com.au/technology/heres-how-retailers-can-allay-customer-fears-over-privacy-202209
Submission Tags: falconsandbox
Submission: On February 20 via api from US — Scanned from DE
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Skip to content * Australia Edition * New Zealand Edition * Asia Edition × * Just in * Sectors * Convenience * Department stores * Fashion & accessories * Food & beverage * Furniture & homewares * Hardware * Health & beauty * Sports & adventure * Supermarkets * Travel retail * Auto * Books & stationery * Pet supplies * Luxury * E-commerce * Marketplace * Mobile * Omnichannel * Pureplay * Technology * Data & analytics * Security * Payments * Software & systems * Store tech * Stores * Leasing * Store design * Openings & closings * Shopping centres & malls * Business * Customer * Workforce * Management * Marketing * Supply chain * Sustainability * Financial * Legal * Careers * Executive interviews * Leadership * Retail Week 2023 Login Subscribe Search for: × Search for: * Just in * Sectors * Convenience * Department stores * Fashion & accessories * Food & beverage * Furniture & homewares * Hardware * Health & beauty * Sports & adventure * Supermarkets * Travel retail * Auto * Books & stationery * Pet supplies * Luxury * E-commerce * Marketplace * Mobile * Omnichannel * Pureplay * Technology * Data & analytics * Security * Payments * Software & systems * Store tech * Stores * Leasing * Store design * Openings & closings * Shopping centres & malls * Business * Customer * Workforce * Management * Marketing * Supply chain * Sustainability * Financial * Legal * Careers * Executive interviews * Leadership * Retail Week 2023 Login Subscribe EMAIL LOGIN Email Password Forgot password SOCIAL LOGIN Google FREE SUBSCRIPTION Subscribe * Access 15 free news articles each month PROFESSIONAL Try one month for $5 * Unlimited access to news,insights and opinions * Quarterly and weekly magazines * Independent research reports and forecasts * Quarterly webinars with industry experts * Q&A with retail leaders * Career advice * Exclusive Masterclass access. Part of Retail Week 2021 * * * * * First Name This Field must be filled. Last Name This Field must be filled. Email address Please check your email address. Password Your password must have minimum 6 characters. Re-password Your password must have minimum 6 characters. I have read accept the Octomedia Terms and Conditions and Privacy Policy. Please check terms and conditions. Next WHAT RETAIL CATEGORY DOES YOUR BUSINESS WORK IN? * Supermarket/Grocery * Hardware/Building Supplies * Pharmaceutical/Cosmetics * Food/liquor * Gifts/Books/Magazines * Marketplace * Convenience Store/Fuel * Recreation/Sports * Banking * Furniture/Homewares * Clothing/Footwears/Accessories * Supplier * Electronics * Department stores * Other Other Go back Next WHAT SIZE IS THE COMPANY YOU WORK FOR? * 0-9employees * 10-49employees * 50-99employees * 100-249employees * 250-1000employees * 1000+employees Go back WHAT DEPARTMENT DO YOU WORK IN? * Sales * Marketing & Communications * IT * Accounts * HR * Logistics * Owner/CEO/Upper Management Go back WHAT IS YOUR MANAGEMENT LEVEL? * C-level & Senior Management * Middle Management * Operational Subscribe Now Sponsored Kepler Analytics HERE’S HOW RETAILERS CAN ALLAY CUSTOMER FEARS OVER PRIVACY (Source: Supplied.) Kepler Analytics September 8, 20223 mins read * * * * * + Research shows Australian consumers are scared about the safety of their personal information – and their images – more than ever before. What retailers do with their data is at the top of shoppers’ minds, especially after several major Australian chains were recently caught taking photos of customers without most of them being aware. Yet, for retailers – whether with physical stores or trading online – data is king when developing meaningful engagements with customers, optimising sales and monitoring store performance. So how can retail businesses collect useful information (data) yet reassure their customers their privacy is respected and protected when they visit stores? Why it is critical to adopt non-intrusive monitoring David Mah, MD and co-founder at Kepler Analytics, says it is critical that retailers adopt non-intrusive means of collecting data on customers – and that businesses make sure they communicate to consumers how safe and private their information is. “The use of CCTV and camera counting traffic systems is viewed with increasing suspicion by consumers these days – sometimes fairly – but nevertheless the publicity can be harmful to any retail brand.” Kepler Analytics has solved the privacy fears of retailers and consumers alike by using a new technology that can monitor customer behaviour – and store interaction – without identifying them. Kepler uses radio energy-based technology which measures the radio frequency density output from smartphones without being able to identify the phone or its owner. “This makes Kepler’s technology intrinsically private, in that it does not infringe on – and is not even applicable – when it comes to the compliance frameworks such as Australian Privacy and Surveillance Laws, and Europe’s GDPR, for example.” Radio frequency is much safer and more discrete than cameras, Wi-Fi, and Bluetooth technologies that most other technology companies in the retail store analytics space rely on. “With Kepler, retailers can get the data they need to operate stores effectively without having to compromise on shopper privacy or take on privacy-related risks,” says Mah. In fact, stores with the technology installed do not even need to display signage warning customers they are using it. “Privacy laws do not apply.” Mah says Kepler Analytics drives data-driven store actions to boost sales and traffic. Actionable insights are generated via its software, analysing customer traffic and behaviour captured by its sensors. The technology works across two levels: measuring and analysing consumer behaviour in stores and monitoring store performance. Powerful insights from real-time monitoring Privacy isn’t the only advantage of the Kepler sensor technology. The setup is incredibly simple with a one-step installation process that does not interrupt store operations. “Our analytics software provides powerful insight and real-time alerts for immediate action across the store network,” explains Mah. Retailers are provided with actionable insights including: * Linking real-time key performance indicators (KPIs) to store behaviours, actions and staff coaching. KPIs include customer behaviour measures like the conversion rate of passersby into store traffic and sales conversion, fitting room conversion and dwell time. * Service level optimisation based on customer dwell time and the maximisation of conversion rates. * Optimisation and prediction of marketing, promotional and merchandising decisions. * Store design to encourage intended store experiences and customer journeys. * Negotiating rent across the store network using passers-by traffic data and centre/precinct benchmarks. * Forecasting traffic and sales at potential new store sites to reduce the risk of network expansion. While the major Australian retailers who were caught filming customers and storing their images this year have since paused their use of the scanning technology, the high-profile media coverage of the practice sparked outrage, doing little to appease concerns among consumers about who is filming them and who has access to it. Research from Toluna late last year – long before the image scandal broke – showed 85 per cent of Australians were concerned that companies are acquiring too much data about them. Three in four said their greatest concern was the possibility of the data being hacked leading to their personal information being stolen, and 58 per cent feared companies collecting data would share it with or sell it to other companies. So now is the time for all retailers to analyse what data they collect, how they store it and who can access it. Kepler Analytics’ technology has now been embraced by retailers across more than 35 countries allowing them to increase sales and customer satisfaction and decrease operating costs, all at once. For more information about Kepler Analytics, click here. kepler anlytics 0 Likes * * * * * + RECOMMENDED BY IR Professional Supply chain COLES’ OMNICHANNEL FOCUS PAYS OFF IN FIRST HALF OF FY22 Professional Software & systems HOW AUSTRALIA’S LARGEST ONLINE ART RETAILER IS BRINGING NFTS TO THE MASSES Professional Fashion & accessories ANALYSIS: HOW THE SUPER BOWL KICKED OFF NFTS INTO THE MAINSTREAM THIS YEAR Professional Technology MY FIRST NFT: WHY THEY’RE NOT EASY TO BUY – YET Professional Software & systems WHY PELOTON’S NEW EXERCISE PLATFORM LANEBREAK TAPS INTO THE POWER OF GAMING AUTHOR'S LATEST ARTICLES RELATED NEWS Sponsored Kepler Analytics HOW FOOT TRAFFIC BENCHMARKING HELPS WITH SUCCESSFUL STORE NETWORK EXPANSION Kepler Analytics Oct 3, 2022 Stores RETAIL RECESSION? RUBBISH! Sponsored Aug 22, 2019 REPORTS Got a news tip or story idea? Contact our editorial team * * * * * About Us * Contact Us * Subscribe * Advertise * Terms & Conditions * Privacy Policy Inside Retail is an Octomedia publication Our Partners * Inside FMCG * Internet Retailing * Inside Small Business * Inside Franchise Business Executive Tradesquare Copyright © Octomedia Pty Ltd 2023 This article was originally published on Inside Retail Tweet Share Tweet Share Tweet Share