If a grocery store places an iBeacon in the deli department, for example, it can send a message offering a free side dish with the purchase of a featured deli meat, so when a shopper walks past the deli, they receive the promotional message on their phone.
"This is a win-win for both shoppers and retailers," says Phil Lempert, CEO and editor of The Lempert Report. "Retailers can use this technology to get shoppers into store aisles they may not be shopping in and consumers have access to sales and deals. These technologies are a necessity in this competitive marketplace."