News | October 2, 2014

New In-Store Retail Technology Provides Deals For Shoppers

The Lempert Report Innovation Series Highlights New Technology that Will Offer Deals While Increasing Sales

Santa Monica, CA /PRNewswire/ - Consumers will have the opportunity to receive deals and be rewarded for loyalty while they're shopping, according to The Lempert Report Innovation Series, a weekly video series featuring innovation in the food world.

Sponsored by Tetra Pak® in the U.S., the videos are found online at The Lempert Report's YouTube Channel and on Tetra Pak's U.S. consumer Web site

Apple's iBeacon is a low-energy Bluetooth connection that determines a smart phone's precise location and then messages about nearby items on sale. In addition, it can enable payments at the point-of-sale so customers don't need their wallets.

For example, if a grocery store places an iBeacon in the deli department, they can send a message offering a free pound of potato salad with purchase of salami so when a shopper walks past the deli, they receive the message to their phone.

"This is a win-win for both shoppers and retailers," says Phil Lempert, CEO and editor of The Lempert Report. "Retailers can use this technology to get shoppers into store aisles they may not be shopping in and consumers have access to sales and deals. These technologies are a necessity in this competitive marketplace."

In addition to iBeacon, PayPal is working on its own "PayPal Beacon" where shoppers check-in and pay for goods from the PayPal account on their phone

The Lempert Report Innovation Series is available online for consumers, food industry insiders and also as segments for newsrooms. Throughout the video, "Tetra Pak Tips" offer insight about products, packaging and trends.

About The Lempert Report
The Lempert Report is an up-to-the minute empowering video trend report uploaded every Monday, Tuesday, Thursday and Friday. TLR is the leading resource for supermarket trends and where they intersect with the consumer; offering both the retail and CPG communities' unique insights to capitalize on those opportunities.

About Tetra Pak
Tetra Pak is the world's leading food processing and packaging solutions company. Working closely with our customers and suppliers, we provide safe, innovative and environmentally sound products that meet the needs of hundreds of millions of people in more than 170 countries around the world. Our motto, "PROTECTS WHAT'S GOOD™," reflects our vision to make food safe and available everywhere.

SOURCE: The Lempert Report

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