What does O PLUS O mean in TECHNOLOGY
What does the O PLUS O mean in TECHNOLOGY? This page is about the meanings of the acronym/abbreviation O PLUS O in the COMPUTING field. O PLUS O is most commonly used in the TECHNOLOGY terminology.
O PLUS O meaning in Technology in Computing
O PLUS O mostly used in an acronym Technology in Category Computing that means O+O (Offline plus Online / O PLUS O) is a retail standard first found in 2019, referring to the seamless integration of both in-store and digital experience in the purchase journey, powered by technologies of big data and artificial intelligence to maximise the reach of customers. It allows better customer connectivity and shopping experience, serving customers anywhere & anytime and facilitate more flexible fulfilment. As a result, O+O businesses benefit from high conversion rate from traffic into sales, thanks to the combined advantage of both physical store network and digital channels. O+O is different from O2O. The O+O integrated model has no cannibalisation to physical store spending of customers, rather it creates higher share of wallet and higher customer value. Simply, for customers who spend in O+O channels, their engagement and loyalty is much stronger, and their spending is much higher than customers who only shop in physical store.
Shorthand: O PLUS O,
Full Form: O+O (Offline plus Online / O PLUS O) is a retail standard first found in 2019, referring to the seamless integration of both in-store and digital experience in the purchase journey, powered by technologies of big data and artificial intelligence to maximise the reach of customers.
It allows better customer connectivity and shopping experience, serving customers anywhere & anytime and facilitate more flexible fulfilment. As a result, O+O businesses benefit from high conversion rate from traffic into sales, thanks to the combined advantage of both physical store network and digital channels.
O+O is different from O2O. The O+O integrated model has no cannibalisation to physical store spending of customers, rather it creates higher share of wallet and higher customer value. Simply, for customers who spend in O+O channels, their engagement and loyalty is much stronger, and their spending is much higher than customers who only shop in physical store.
For more information of "O+O (Offline plus Online / O PLUS O) is a retail standard first found in 2019, referring to the seamless integration of both in-store and digital experience in the purchase journey, powered by technologies of big data and artificial intelligence to maximise the reach of customers. It allows better customer connectivity and shopping experience, serving customers anywhere & anytime and facilitate more flexible fulfilment. As a result, O+O businesses benefit from high conversion rate from traffic into sales, thanks to the combined advantage of both physical store network and digital channels. O+O is different from O2O. The O+O integrated model has no cannibalisation to physical store spending of customers, rather it creates higher share of wallet and higher customer value. Simply, for customers who spend in O+O channels, their engagement and loyalty is much stronger, and their spending is much higher than customers who only shop in physical store.", see the section below.
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What Questions Are Stands For O PLUS O? |
There is no one answer to this question as "COMPUTING, BUSINESS" all categories for anything that doesn't fit into another category. It can stand for anything from "leftover" items to items that are difficult to classify. |
Acronyms finder: Look at O PLUS O related acronym, abbreviation or shorthand.