Verizon Business Works With Retailers on 5G-Based Pandemic Solutions
Online retailers need to invest in creative and innovative experiences “to capture revenue and offset lost sales from in-person shopping,” said Michele Dupre, Verizon Business vice president-sales, vertical markets, retail and hospitality. Verizon is working with retail partners on 5G-based technology using holograms, augmented and virtual reality, foot traffic analysis, computer vision and digital signage. Online retailers’ business is “booming,” said Verizon, citing an 82% spurt in data traffic the first week of November vs. a year ago and a 28% increase in mobile usage on payment sites. People are "moving to and around" malls 20% less than early November 2019 but 59% more than when COVID-19 restrictions peaked in April, it said.