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        Rongda invites you to the 2023 China Retail Trade Fair to discuss new opportunities in the new retail sector.
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        Rongda invites you to the 2023 China Retail Trade Fair to discuss new opportunities in the new retail sector.

        2023-04-03

        Three years into the pandemic, Chinese people's lifestyles have quietly changed in many aspects, including clothing, food, housing, and transportation.Those working in the retail and catering industries have truly felt the decline in foot traffic. The drop in in-store customers has become a dark cloud hanging over the minds of businesses.

        However, beyond the clouds, have you noticed this set of encouraging data? Data from the China Chain Store & Franchise Association shows that in 2022, 67.2% of convenience stores saw a year-on-year decrease in customer traffic. At the same time, despite a significant drop in offline customer traffic, the overall sales of convenience stores miraculously increased: 64.1% of convenience store companies achieved year-on-year growth in total sales in 2022.

        What helped convenience stores emerge from the shadow of declining offline customer traffic and achieve positive sales growth? The answer lies in instant retail.

        The integration of online and offline channels is an inevitable trend, with instant retail serving as the glue that holds online businesses together with physical stores. Through instant retail platforms, online sales increase, which in turn supports the operation of offline stores.Unlike traditional e-commerce, which squeezes out and replaces physical stores, instant retail brings in pure incremental orders.

        Setting up an instant retail business has proven to be an effective way for small and medium-sized businesses to expand their service radius and increase sales. So, what hardware and software facilities are needed to develop an instant retail business?

        At this year's China Retail Trade Fair, Rongda Technology will showcase its new intelligent solutions, including smart POS terminals, smart receipt printers, and AI smart scales, to meet the evolving needs of retailers for digital transformation and address the development demands of instant retail.

        In terms of smart POS terminals, Rongda Technology will showcase its newly launched POS products, as well as a smart cashier system with functions such as payment, settlement, and inventory management. It can achieve data integration with other systems, providing merchants with comprehensive operational data support, while providing consumers with a more convenient payment experience.

        In addition, Rongda Technology's AI smart scales and receipt printers will be fully upgraded and showcased during the exhibition to meet the needs of different retail scenarios such as catering, supermarkets, and convenience stores. They can not only meet the requirements of store staff for rapid response and higher stability, but also provide data analysis to improve store operational efficiency and retail experience.

        Rongda Technology looks forward to further strengthening exchanges and cooperation with industry peers through this exhibition, discussing the future of smart retail, and making greater contributions to the digital transformation and intelligent upgrading of the retail industry.

        To learn more about new technological solutions for the era of smart retail, please visit the Rongda booth (N7051) during the Retail Trade Fair.