advertisement
advertisement

Walmart’s E-Grocer Plans Half-Mile-Long Virtual Stores

Written by Frank Hayes
October 18th, 2012

As if to prove that it is possible to take a good idea too far, on Monday (Oct. 15), Walmart-owned Chinese E-Grocer Yihaodian stretched the virtual supermarket pioneered by Tesco way beyond its reasonable limit.

Tesco, you’ll recall, put billboards full of products on South Korean subway platforms, so consumers could use their phones to click on QR codes and order groceries for delivery while they waited. Nothing so small-minded for Yihaodianmdash;it plans to create 1,000 “augmented reality” supermarkets (you’ll have to use a smartphone to see them) along streets in four Chinese cities, and each store will cover 1,200 square meters (more than 12,000 square feet) of wall or fence space.

That means the 1,000 items in each store will stretch out on a virtual space that’s the size of a billboard six feet high and half a mile long. We’re all for a healthy product selection in E-Commerce, but that’s a long way to walk while staring into the screen of a camera.

What’s the point? Tesco’s effort—along with copycat Peapod—leveraged subway and train stations, where shoppers have nothing to do for chunks of time. Putting virtual grocery shelves there—which were visible to the naked eye—made sense in context.

And when the UK’s Debenham’s toyed with truly invisible stores, it featured just a couple of items—such as a designer gown that shoppers could interact with and get pictures taken of themselves while wearing the garment.

But why walk in a non-existent store, where items can only be seen through the mobile screen? Doesn’t E-Commerce do that so much more efficiently? If there’s a point to this trial, we haven’t figured it out yet.


advertisement

One Comment | Read Walmart’s E-Grocer Plans Half-Mile-Long Virtual Stores

  1. ed Says:

    Augmented Reality or “invisible pop-up” stores take advantage of time, place and context using geospatial technologies and sell where vendors cannot solicit but is a hub for people – like an art museum.

    For example, think of the red tape, time and cost to get a vending permit in Los Angeles to sell t-shirts in front of the Staples Center or a vending permit to sell t-shirts in front of Madison Square Garden.

    With A/R shopping, a m-commerce operation can just target the long/lat coordinates (HTML5) and every fan inside the stadium fiddling with their mobile device in both NYC and LA is a potential customer to buy t-shirts for their favorite sports team, at the same parrallel time.

    That same A/R shopping can target all 70+ games and dates of the NBA and move to MLB and NFL – and they can move to the World Cup or Japanese baseball with little effort.

    A/R shopping is the ultimate showrooming implementation!

Newsletters

StorefrontBacktalk delivers the latest retail technology news & analysis. Join more than 60,000 retail IT leaders who subscribe to our free weekly email. Sign up today!
advertisement

Most Recent Comments

Why Did Gonzales Hackers Like European Cards So Much Better?

I am still unclear about the core point here-- why higher value of European cards. Supply and demand, yes, makes sense. But the fact that the cards were chip and pin (EMV) should make them less valuable because that demonstrably reduces the ability to use them fraudulently. Did the author mean that the chip and pin cards could be used in a country where EMV is not implemented--the US--and this mis-match make it easier to us them since the issuing banks may not have as robust anti-fraud controls as non-EMV banks because they assumed EMV would do the fraud prevention for them Read more...
Two possible reasons that I can think of and have seen in the past - 1) Cards issued by European banks when used online cross border don't usually support AVS checks. So, when a European card is used with a billing address that's in the US, an ecom merchant wouldn't necessarily know that the shipping zip code doesn't match the billing code. 2) Also, in offline chip countries the card determines whether or not a transaction is approved, not the issuer. In my experience, European issuers haven't developed the same checks on authorization requests as US issuers. So, these cards might be more valuable because they are more likely to get approved. Read more...
A smart card slot in terminals doesn't mean there is a reader or that the reader is activated. Then, activated reader or not, the U.S. processors don't have apps certified or ready to load into those terminals to accept and process smart card transactions just yet. Don't get your card(t) before the terminal (horse). Read more...
The marketplace does speak. More fraud capacity translates to higher value for the stolen data. Because nearly 100% of all US transactions are authorized online in real time, we have less fraud regardless of whether the card is Magstripe only or chip and PIn. Hence, $10 prices for US cards vs $25 for the European counterparts. Read more...
@David True. The European cards have both an EMV chip AND a mag stripe. Europeans may generally use the chip for their transactions, but the insecure stripe remains vulnerable to skimming, whether it be from a false front on an ATM or a dishonest waiter with a handheld skimmer. If their stripe is skimmed, the track data can still be cloned and used fraudulently in the United States. If European banks only detect fraud from 9-5 GMT, that might explain why American criminals prefer them over American bank issued cards, who have fraud detection in place 24x7. Read more...

StorefrontBacktalk
Our apologies. Due to legal and security copyright issues, we can't facilitate the printing of Premium Content. If you absolutely need a hard copy, please contact customer service.