Summary of Retail 2020 | 5 Technologies that will change the way you shop

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This video discusses five technologies that will change the way people shop in 2020. These technologies include beacons, Bluetooth Low Energy, facial recognition, virtual reality, and gesture recognition. These technologies will make shopping more convenient for consumers by enhancing in-store experiences, bridge physical and online experiences, and automating payments and checkouts.

• 00:00:00 The five technologies mentioned in this video are beacons, Bluetooth Low Energy, facial recognition, virtual reality, and gesture recognition. These technologies are being used to change the way retail stores behave, how customers interact with stores, and how payments are processed. Retailers are increasingly using beacons to enhance in-store experiences, bridge physical and online experiences, and gather data about customers. The future of payments may see customers walking out of stores with their items automatically being charged to their accounts.
• 00:05:00 In this video, Alex discusses five technologies that will change the way people shop, including payment methods, checkouts, and warehouse automation. These technologies are expected to be widespread by 2020, making shopping more convenient for consumers.