3D planning is part of any home retailer’s arsenal of value-added services, enabling consumers to create and accurately visualize their home designs.
Gaming-savvy demographics such as millennials with high purchasing power are adopting these solutions enthusiastically, favoring a ‘digital first’ approach to researching potential purchases. So much so that today, not offering solutions like 3D planning and social sharing is a real risk to business growth.
Retailers looking to implement 3D planning are faced with two choices: to build out the technology in-house or outsource to a reliable partner. Building the technology in-house offers control but is fraught with uncertainty and risk. While many home retailers are used to placing their product catalogs online and participating in e-commerce, it is an error to think that these skills can be transferred to creating 3D planning solutions. 3D planning requires its own highly specialized skill set. To develop a solution in-house would bring challenges such as skill acquisition, resource management, research and testing. In a fast-evolving industry such as home retail, any compromise on time to market results in lost customers.
When outsourcing, two avenues present themselves – buying in or a cloud-based model. Buying on-premise software was popular some years ago and allows home retailers to acquire the technology without long lead times or investing money in in-house development. But today this is fast being supplemented by a cloud-based model which offers benefits such as software updates, enhanced security and speedy implementation.
A common challenge for any sales team is accelerating customers as quickly as possible from the brand awareness stage, all the way through to making a purchase, minimizing the consideration and research phase in the middle where consumers can get stuck. Using a 3D planning solution achieves this by letting the software work side by side with the consumer to navigate their journey all the way through the platform, to a point at which they are ready to purchase.
With access to the full product catalog, personalized recommendations for design ideas and editor tool to fully map out and design their ideas, customers can considerably reduce the time spent making decisions. Personalized recommendations using data analytics also offer a great means for upselling and cross selling complementary product lines to increase revenue per consumer. For consumers that wish to visit the store for the final purchase, in-store staff can help to provide further value, using their expertise to convert designs to reality and increase customer satisfaction.
To further explore how outsourcing the 3D experience can benefit your home retail brand, visit our website built specifically to serve home retailers where you can organize a demonstration of the platform with a member of our team of experts.