This week has been a biggy when it comes to retail and supermarkets with news of a merger between the two supermarket giants: Sainsbury’s and Leeds-headquartered ASDA. The move will give the new merger 31% of the UK market share, which beats TESCO’s 28%. Sainsbury’s has vowed that they will slash prices to consumers by 10% as a result.
Whilst the Competition and Markets Authority have pledged to ensure the potential impact on competitiveness in the retail arena will be monitored closely, tech-innovation with consumer experience at its core lies at the heart of this vital objective. At Ubamarket, we continue to urge independent retailers to adopt new technologies as a crucial tool for business growth, a topic that was discussed further at the National Convenience Show in Birmingham. There, one of the key insights shared was that beyond offering clear signage and friendly customer service, retailers large and small must find innovative ways to draw customer attention to smaller shops; the back bone of our local economies.
We created Ubamarket specifically to address some of those issues. Our in-store navigator, real-time offers, loyalty-points tracker, and in-app payment solution have all been built entirely with consumers’ convenience at its core. Serving as an easier and faster shopping experience for customers and business owners, the white-label solution is a cost-efficient plug-in for retailers who need to ensure time and resources are available to offer personalised customer interactions and streamlined business operations.
With all the news about retail giants cornering an even larger market share through mergers and acquisitions, independent retailers have no time to lose. Ubamarket is accessible to retailers of any size, and we firmly believe that by adopting nimble technology, independents can lead the pack.
Contact usto find out how you can offer the Ubamarket app to your customers.