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Title : NFC applications for wine and spirits brands
Author(s) :
Source : MultiBriefs Exclusive
Year : 2019
Link : http://exclusive.multibriefs.com/content/nfc-applications-for-wine-and-spirits-brands/retail
Country : World
Commodity: AB Alcoholic Beverages-All
Abstract: By 2024, the global near-field communication (NFC) market will nearly triple as adoption of the technology grows. The latest generation of i. Phones can read NFC tags without the use of a third-party app. All of this means the average smartphone-carrying consumer will not only be familiar with NFC but will be able to tap their device to an NFC label on a bottle and access any verification or promotional material programmed into the tag. This NFC technology boom is already disrupting the way consumers interact with brands — consumers prefer using NFC tags to QR codes two to one, according to a study by Strategy Analytics. Wine and spirits brands who adapt to consumers’ preference for mobile technologies now will get ahead of their slow-to-change competitors and establish themselves as innovators in the industry.