How Tech Helps Consumers Enjoy Better Value for Money

By Greg Grzesiak Greg Grzesiak has been verified by Muck Rack's editorial team
Published on February 15, 2024

The digital age has seen a significant shift in consumer behavior towards online services, and constantly evolving tech is further facilitating this.

The global rollout of 5G connectivity is now providing app and website developers with the platform to use state-of-the-art technology to improve the user experience and improve conversion rates. The potential for improved profits is driving operators to invest in developing tech to attract and retain customers across a variety of competitive industries.

The gaming industry is enjoying more freedom in the U.S. than ever before, with more states moving to legalize online gaming facilities in the wake of record profits and large revenue streams through taxation and licensing.

Gaming customers have long been able to enjoy gaming on different markets including betting games, sports, and slot machines. Online gaming can offer greater convenience, with gamers able to access sites and apps from mobile devices, laptops, and desktop computers.

Online gaming operators also have an advantage over in-person gaming facilities by implementing new tech to improve the user experience. This includes AI, VR, and AR that help to provide immersive experiences with high-quality graphics and soundtracks.

AI can also be used to provide tailored gaming experiences to customers, analyzing their behaviors and preferences to provide relevant offers and recommendations. Offers and deals tailored to each player’s unique preferences provide far greater value than blanket promotions and are a win-win for everyone involved.

Players can also check RTP (return to player) percentages at online gaming sites. This helps them find the options that are most likely to pay.

Betting expert Vlad Grindu rates online gaming sites based on their average RTPs for different games. He also recommends exploring the different welcome promotions offered by operators to entice new users. Finding the best payout online gaming sites with high-value welcome bonuses can result in customers enjoying big paydays.

It is not just the gaming industry that is taking advantage of technological developments, with many more online operations seeing the benefits in day-to-day operations.

The financial sector provides many valuable services for users online, and this can help those who don’t find it easy to get out or simply don’t have the time. Users are now able to manage their finances and apply for financial products online, helping to save time and money.

Account security is another way that consumers gain value from tech. Multi-factor and biometric authorization requirements are helping to protect sensitive data from sophisticated cybercriminal techniques.

The use of AI to track user behavioral patterns and notify the user of suspicious activity has also helped to streamline security systems and add an additional layer of protection.

As tech continues to develop, the automation of processes will speed up transactions and help to reduce operator costs. Consumers should see operational savings passed on in some cases, helping to make services less costly.

Many security developments can be applied across all websites and apps that require users to create accounts and provide personal or payment information.

Improved efficiency and security will significantly help to reduce long-term business costs, and consumers will see the benefit when carrying out transactions quickly and easily, and through operators maintaining steady running costs.

By Greg Grzesiak Greg Grzesiak has been verified by Muck Rack's editorial team

Greg Grzesiak is an Entrepreneur-In-Residence and Columnist at Grit Daily. As CEO of Grzesiak Growth LLC, Greg dedicates his time to helping CEOs influencers and entrepreneurs make the appearances that will grow their following in their reach globally. Over the years he has built strong partnerships with high profile educators and influencers in Youtube and traditional finance space. Greg is a University of Florida graduate with years of experience in marketing and journalism.

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