Retail.Global is a new faction of blockchain technology which is utilizing a new system of business-as-a-service e-commerce ecosystems. The creators behind Retail.Global have clearly examined the market extremely effectively, and have seen the market space for this exciting new blockchain technology. Being able to offer users an innovative and exciting retail opportunity, one which offers its users the chance to be able to experience a wonderful new way in which to participate and organize global sales. Retail.Global offers the umbrella experience of one market space to serve them all – from the support of sellers and buyers through to any language barriers a global market may encounter.
Companies under the Retail.Global blockchain will be able to make a request for a store to open, and for a management team, all garnered from a blockchain database called the services marketplace. Retailers will be able to boost online presence and sales with easily customizable features, thus increasing global sales with ease. The addition of a multi-language interface, 24/7 online support, cross-border delivery options and international payment options means that users will easily be able to utilize and experience an excellent result from Retail.Global. The Retail.Global Services Marketplace will also mean that professionals will be able to connect online, cutting out third-party involvement – saving revenue and time. All of this is linked by the fact that blockchain is global, and so local and global marketplace will be easily connected (such as eBay, Amazon etc) The decentralization of product stock will mean that users can manage stock, in an online facility, from any location in the world. Smart contracts are readily available and will ensure that suppliers will be able to procreate deals with other users globally in a fast, secure and cheap way on the blockchain chain. Tokenization also improves this platform with its boosts to aid customer retention and the relationships built online and offline.
I personally feel very invested in this principle of one size fits all. To be able to complete global sales easily, and with very few barriers is one that will appeal to all who use this technology. As we all know, blockchain technology allows the comprehensive and coherent merging of online and offline properties, from selling through to buying, and so forth.
Retail.Global has managed to apply their technology to be able to grow their share of online sales in retail, which has led to a growing cross-border commerce sphere, an increase in effective loyalty schemes, these are the kind of the like that really appeal to users and indeed, really benefit them, through to the demand for increasingly accurate and effective technological solutions that will support an omnichannel business situation, such as the ones that are becoming more prevalent in the blockchain and cryptocurrency universe.
The continued development of blockchain technology means that there is always going to be needs and requirements for upgraded marketplace performance within the global market. Retail.Global taps nicely into this forum, focusing on a worldwide cross-border delivery of its services, something which is efficient and appropriate.
I have seen throughout much market research that companies need a number of requirements when it comes to operating in the global crypto market. These are easily covered by the blockchain technology that retail.global is offering. Companies need solutions, investments and employees, previous offline experience shows that this can be time-consuming and expensive to fulfill. Retail.Global steps nicely into the space needed for this type of blockchain technology, and provides users with an effective, speedy, transparent and decentralized way in which to fulfill their potential and needs.
Omni-Channel I hear you ask? What is this? Well, let me tell you. Retail.Global has committed itself to creating omnichannel tools, the like that will make offline and online shopping equally easy and convenient, and increasingly simplified. Not only will this mean that online buyers will be able to access customer and seller databases, the real-time availability of goods required, delivery availability and times from stores and shops, and the communication between customers, but those offline buyers will also be able to access this wealth of information and actions.
The tokenized scheme that Retail.Global offers are also one that is full of advantages and provides a great loyalty scheme for its participants. This will also lend itself to the blockchain technology being able to provide loyalty schemes and information pertaining to these on a wider, more transparent scale. Cross promotion and lead generation for competing and non-competing stores will enhance any users experience threefold.
I am pleased to see that the outline for Retail.Global is transparent and effective, covering the maket with their online store – providing this ‘omni-channel’ approach with all-in-one solutions for users every need, having a coherent supply chain- the products and delivery will be easily accessible with a full and easily accessible catalog of products, and places from which to fulfil these orders, an easily connectable global commerce forum- connecting service providers, payment options, support for buyers and sellers, marketing potential and opportunities and management companies, excellent and applicable loyalty reward programs – readily available to boost sales by increasing customers retention and good feeling about brands and items, a further one-size-fits-all approach to analytics and controlling – covering all sales, all customers who use the service and the analytics of such data and products. The omnichannel business approach is exciting and I believe will unite online and offline and mobile sales channels.
It is interesting to note that this blockchain technology will indeed utilize all functions available, and not concentrating on one faction, Retail.Global will have market space on users desktops, laptops and mobile devices, all with Retail.Global’s unique design. Covering the social media aspect as well with integrated order management and support applications – mobile applications, Facebook, messenger Bots, Telegram Bots and so forth. Auto translate also features within this blockchain technology, and I for one think this is an excellent addition and the way forward in this fast-paced global hypermarket.
The ecosystem is powered by product suppliers, business users, services provided, service providers, VC startup funds and loyalty rewards partners. This ecosystem makes a sure fire way to ensure that the Retail.Global platform is highly successful and rewarding. Smart contracts, especially multi-signature supported ones are the contracts of the future and Retail.Global harnesses this nicely and effectively.
Retail.Global has very nicely created an ‘omni-channel’ platform which answers the market need for coherent retail presence. The all-in-one interface is exciting and fresh, providing users and investors with an extremely transparent and decentralized way in which to participate in the blockchain and cryptocurrency universe. I am pleased to report that the way in which Retail.Global works are extremely useful and highly applicable to today's current marketplace.