Consumer Market
As Consumer Market organizations transition to a 21st Century Enterprise model, several key challenges have emerged. These include increasing consumer diversity, tightening regulations and rapidly expanding distribution systems. The Consumer Market industries must also undergo a comprehensive systems overhaul in order to deliver personalized, locale-specific products.
Digitalization must be implemented as the foundation for operational transformation, allowing firms to embrace business flexibility, utilize a global workforce and ensure interactive experiences. A connected IoT network is key to gathering customer data, for aligning products to diverse customer needs.
Some of the important features in consumer market as follows:
- E-Commerce
- Fashion & Apparel
- Consumer Goods