Innovation Marketing formally recognized AVT as a leading force behind one of the three biggest trends that Innovation has forecast for 2013 in a report titled “3 Vital Trends of 2013.”
ATV is focused on developing automated and self-service retail systems, such as the LCD iVend Stores, AR Walls, and other self-service kiosks and high-end vending machines. ATV claims that their automated retail solutions drive traffic, increases sales, improves security, and lower overhead.
In the report, Innovation states that evolving technology and component design will see retail moving more steadily towards automation. Driving these efforts will be attention-getting features such as digital HD signage, cashless payments, and customer ability to personalize their shopping experience.
“Technology plays an increasing role in retailing,” according to the report. “Not only are consumers embracing this innovation, but retailers and brand owners have found that opening an automated store will increase sales, expand reach, and enhance brand awareness with minimal investment. In fact, the return on investment on an automated store is usually within 8 months – making it one of the best business investments in any category.”
Shannon Illingworth, founder of AVT, said, “Our focus continues to be on developing systems that provide ways for retailers to expand into new markets, and enable entrepreneurs to start their own businesses,” he stated. “We know that the future will demand more efficient retail delivery systems, and we continually innovate to remain at the forefront of this industry.”
For more information, visit www.avtinconline.com
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