Behind the Scenes: How Premio's Fanless Mini PCs provide industrial-grade reliability and IoT connectivity for Kiosks
Premio Inc. was recently featured on Marketscale’s b2b “Food and Beverage” podcast to share some thought leadership about the self-service kiosk industry and how IoT computing technology is creating new business opportunities in kiosks or micro markets. Dustin Seetoo, Director of Product Marketing at Premio and Christopher Blomquist, Director of Marketing at Parlevel Systems spoke on this podcast to provide some insights into the kiosk industry and its growth among consumers. Listen in on the podcast to discover how a simple self-service kiosk is providing its end-users a new checkout process that involves a better buying experience and user engagement.
Also, learn more about how Premio’s Industrial Fanless Mini PC is driving the compute engine for Parlevel’s micro market kiosk - https://premioinc.com/blogs/blog/fanless-mini-pc-for-micro-markets
A Quick Snapshot into the Kiosk Industry
- From Online Shopping to Self-service Kiosks, it’s all about personalizing the Customer Experience
The traditional shopping experience for consumers is rapidly changing as the appetite for more convenience rises. This newfound demand for a personalized shopping experience is a direct byproduct of consumers turning to online shopping giants, like Amazon.com for their everyday needs.
Online shopping or the eCommerce market in the United States continues to grow and surpass traditional retail stores sales every year. According to a report on the US eCommerce data in 2019, “consumers spent about $586.92 billion on ecommerce in 2019, which represented an increase of 14% from 2018.”[1] Much of the statistics for online shopping predicts compounding growth as more consumers leverage their digital shopping carts for many purchases. For example, global eCommerce in the retail market specifically reached $25 trillion in 2019 and is projected to continue growing into 2020. [2]
As consumers move online, the mindset of their buying experiences are shaped in ways that changes the overall market. Not only are traditional retailers migrating online with robust eCommerce platforms, many of them are also trying to create and shape an entirely new shopping experience for in-store purchases as another channel for customer service. Enter the world of interactive self service kiosks, where the value is offering more control and convenience to enhance the customer experience. According from a market research report from Fortune business insights, the global kiosk market was valued at 16.9 Billion in 2018 and is projected to reach 45.7 Billion by 2026; a CAGR rate of 13.3% for the market forecast from 2019- 2026.[3]
Some of the most popular locations where self-service kiosks are appearing are in airports, public transit stations, restaurants, hotels, supermarkets, and malls. The main value for kiosks in these high-traffic areas is to deliver ultimate convenience and eliminate the need for queuing or waiting in line. These new and innovative self-service kiosk provide a customer-tailored experience that shapes the shopping experience for convenience.
- What is a self-service kiosk?
A self-service kiosk is a freestanding structure that includes an embedded computer paired with application software that provides commercial transactions or access to specific information . Kiosks are user-friendly and offer self-service features that capitalize heavily on the customer experience. Especially as newer technology is made available in kiosk designs, retailers and kiosk manufactures can provide an exceptional personalized shopping experience with an incredible value of convenience. Retailers that use self-service kiosks leverage new technology back-end data analytics to provide the best shopping experience possible.
[1] https://www.emarketer.com/content/global-ecommerce-2019[2] https://www.emarketer.com/content/us-ecommerce-2019
[3] https://www.fortunebusinessinsights.com/industry-reports/kiosks-market-101374