The LETZ RETAIL ONLINE curriculum identified several goals and benefits for the uptake of digital tools and technologies. Summarised these are:

  1. Upselling opportunities: When having an online presence, you have an extra opportunity to sell what it is you are selling.
  2. Insight into buyer preferences: The more data you collect about your customers, the better you know how to answer to their needs and wishes.
  3. Improved customer experiences: digital tools and technologies can improve this experience and ensure you gain sales and new customers.
  4. Improve marketing campaigns: gaining insights on the customers is one of its main benefits. Based on this information, there is an opportunity  to make the marketing campaigns directed at their needs and wishes.
  5. Greater adaptability: Being present online provides more chances to adapt to different situations, than being present only physically.
  6. Go global: you have an opportunity to reach your customers all over the world, to attract them to buy your product or use your services.
  7. The Power of automation: Automating processes reduce human effort, manual mistakes, operational costs and processing times. There are several options how to integrate automation,

Some additional benefits are:

  • Improved Efficiency: they can help your small commerce business streamline operations and improve efficiency. Digital solutions can automate tasks and processes, reduce manual labour, and improve accuracy, which can save time and reduce costs.
  • Enhanced Customer Experience: digital tools or technologies can enhance the customer experience. For example, they can provide more convenient and efficient ways for customers to purchase products and services, and can improve communication and engagement with customers.
  • Competitive Advantage: Digital tools and technologies can enable your business to offer unique products and services, improve your online presence, and enhance your brand image.

Possibly when you are reading this, you are already aware of these advantages. The LETZ RETAIL ONLINE materials are aimed to support you in this process and collaborate with small digital businesses to reap the benefits of becoming more digital.

The European Commission support for the production of this communication does not constitute an endorsement of the contents
which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made
of the information contained therein
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