Frequently Asked Questions
FAQs About HiCart Smart Shopping Technology
Retailers of all sizes across North America are starting to become aware of digital shopping carts as a technology to help grow store sales. Here are some frequently asked questions we’ve been asked about HiCart’s smart shopping solution.
What is a digital shopping cart?
Our AI-powered smart shopping carts are technologically advanced versions of the traditional (physical) shopping cart. Typically, features include: integrated weight sensors, cameras, a touch-screen display with precision retail marketing software, and mobile payments.
How does smart shopping technology work?
Our digital shopping carts use built-in sensors and cameras to identify items as they are placed into the cart. Each item is displayed on the touch-screen with price, product, nutrition, and other information. Retailers can customize and personalize the shopping experience with recommendations, discounts, or promotions based on the shopper’s preferences.
How do digital shopping carts provide cost savings benefits to retailers?
- Automated Check-Out With Mobile Pay – Reduces the number of traditional cashier lines and self-serve check-out stations.
- Inventory Management – HiCart shopping carts continuously monitor the items being placed inside them. This real-time inventory tracking enables retailers to have up-to-date insights into stock levels and demand patterns to minimize revenue loss due to out-of-stock items.
- Retail Media – Generate additional revenue from ads, promotional placements, coupons, and other precision marketing sources.
- Shopping Experience – Customers who use digital shopping carts have a better store experience, use navigation to locate products, save time with mobile check-out, and typically have higher spending levels.