pressing the reset button at the store: digital in-store for commerce

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PRESSING THE RESET BUTTON AT THE STORE DIGITAL IN-STORE FOR COMMERCE

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PRESSING THE RESET BUTTON

AT THE STORE

DIGITAL IN-STORE FOR COMMERCE

AGENDA

EVOLUTION OF ONLINE.

IMPLICATIONS FOR THE STORE.

LOOKING FORWARD.

2

EVOLUTION OF ONLINE

DIGITAL IS CHANGING SHOPPER BEHAVIOR

EVOLVING SHOPPER EXPERIENCE SHOPPER/

RETAILER APPS

STORE CHECK-IN SMART

ALGORITHMS

MOBILE

PAYMENTS

NEAR-FIELD

COMMUNICATION

SOCIAL STORES AUGMENTED

REALITY

5

EVOLUTION OF ONLINE

OLD WAY (PRE-2008) NEW WAY (2015)

SEARCHSites primarily discovered via keyword

driven search

App SEO, Contextualization of results based on

personal behavior

NAVIGATION Text based, modeled after in-store layoutImage-based, increasingly modeled after in-store

layout.

CONTENT Static brand sites Enhanced Retailer Product Detail pages

EMAILPromotional driven, minimal

personalization

Personalized messaging, Offers, Product

recommendations

CHECKOUT Lengthy process with multiple steps Simplified, multiple buying options

MOBILE SMSResponsive mobile sites, apps with in-store

features

MEDIAImpressions based, broad reach, minimal

targeting

Highly targeted reaching the intended shopper

with the right message; in-ad purchase

SOCIAL Static post Shoppable post, advanced targeting

INFLUENCERS Simplified Influencer selection Identification of influencer based on algorithm

REVIEWS Review collection and displayUsability of reviews to support individual

consumer needs

SIMPLIFICATION VIA

VISUALIZATION

EVOLUTION OF ONLINE

Today’s experiences incorporate greater

imagery (and video) throughout the

journey than 10 years ago:

• Mouse-overs

• Search

• Landing pages

• Shelf

• Checkout

Sony.com

2005

Sony.com

2015

BIG DATA GETTING BIGGER –

VISUAL ANALYTICS

EVOLUTION OF ONLINE

“Visual analytics companies such as Ditto

Labs are using software to scan photos

and identify contexts, locations, or themes

to help brands send targeted ads or

conduct market research.”

Which Brands Went to #BurningMan2015?

EVOLUTION OF ONLINE

SOCIAL COMMERCE

New buy options in Twitter,

Youtube, Instagram, Pinterest.

Facebook watching closely.

EVOLUTION OF ONLINE

CROSS-APP PURCHASE

One account,

Unified cart,

Faster purchase,

Any app.

PERSONALIZED STACKING

Retailer points, brand points, gift

cards, pharmacy rewards,

subscription discounts, one-day-

only, retailer ad network, click-

and-collect, sharing behavior.

EVOLUTION OF ONLINE

NEW INSIGHTS, BETTER EXPERIENCES

CHANGING THE CONSUMER JOURNEY

Smart Data | Personalization | New Value

EVOLUTION OF ONLINE

IMPLICATIONS FOR THE STORE

DATA MASHUPS =

BETTER EXPERIENCES =

BETTER RESULTS

IMPLICATIONS FOR

THE STORE

Push Notifications,

Personalized Digital Signage,

Up-to-the Minute Reporting.

BEHAVIORS | IMPRESSIONS | BASKETS | INVENTORY |

OPTIMIZED IN-STORE EXPERIENCES

DIGITAL ANALYTICS SHOPPER DATA

IMPLICATIONS FOR

THE STORE

“With the company’s omni-channel initiative, you’ll find up-to-date and accurate product information at every turn”

RETAILER.COM

AT SHELF

RETAILER APP RETAILER SOCIAL

DISPLAY

PRE-SHOP: SEAMLESS

OMNICHANNEL

IN-STORE MODE

IMPLICATIONS FOR THE STORE

o Pre-Pay

o Skip Lines

o 3D Store Map

o In-Store Product Locator

o Scan Rewards

o Multi-Location Inventory Availability

SHOP: MOBILE TOOLS

IMPLICATIONS FOR

THE STORE

Nebraska Furniture Mart sales

person should be able to

seamlessly give quotes,

delivery dates and all the

pertinent information needed to

make the purchase.

SHOP: SHOPPING

ASSISTANCE

IMPLICATIONS FOR

THE STORE

Adidas plans to incorporate

Endless Aisle technology into

all 750 India store locations.

SHOP: ENDLESS AISLE

IMPLICATIONS FOR

THE STORE

Digital capabilities

deployed at the In-Store

Shelf merges creating

enhanced experiences.

SHOP: INTERNET OF

THINGS

IMPLICATIONS FOR

THE STORE

Digimarc enabled packaging

enhances brand experiences

for consumers during all

shopping phases; Pre-shop, in-

store,

post purchase.

SHOP: SCAN AS

YOU SHOP

IMPLICATIONS FOR

THE STORE

How Best Buy stopped being

Amazon’s testing ground:

o Embraced Showrooming

Behavior

o Price Matching

o Customer Service

Improvements

o In-Store Push Notification

Offers

o Mobile E-commerce

enhancements

SHOP: SHOWROOMING

IMPLICATIONS FOR

THE STORE

“Nike Custom Shoes in 20

Minutes: The flagship Nike

store in downtown Portland,

Oregon offers the following

proposition: For just $20 more,

customers purchasing the Nike

Free running shoe have the

option to select their own

swoosh and custom laces.”

SHOP: IN STORE

CUSTOMIZATIONS

SHOP: IN STORE

CUSTOMIZATIONS

Alibaba’s Alipay Wallet, used

by Chinese shoppers to make

over half the purchases with

the retailer, allows Chinese

shoppers to pay at vending

machines, restaurants, and

retailers by scanning QR codes

or scanning their smartphones

over a sound wave

payment terminal.

TopShop, a British fashion

retailer launched their online

store as an exclusively digital

platform in China. There were

no checkout counters or POS

systems at the event.

IMPLICATIONS FOR

THE STORE

POST PURCHASE

IMPLICATIONS FOR THE STORE

Online returns are a hassle leaving

consumers frustrated when having to

return items and then wait for the

intended item to arrive on their

doorstep

The solution: Subscription services

that are precisely tailored to the

consumer with 100% guarantee.

LOOKING FORWARD

Differentiating the Physical Experience:

Smart Malls

“In the future, you will go shopping without having to take your

wallet. The mall will immediately recognize you when you arrive,

through your phone. You won’t have to wait for anything, you won’t

have to stop and pay for parking, there will be targeted discounts

for those stores you like. It will be very convenient,

very personalized.”

LOOKING FORWARD

“While Chinese shoppers may not be shopping at malls, they are being entertained at malls. Many shopping malls have dedicated a large amount of space to “restaurants, cinemas, skating rinks, bowling alleys, spas, playgrounds and even language schools.”

DIFFERENTIATING THE

PHYSICAL EXPERIENCE

DIFFERENTIATING THE PHYSICAL EXPERIENCE

Packaging as a utility

LOOKING FORWARD

SUMMARY

EVOLUTION OF ONLINE.

IMPLICATIONS FOR THE STORE.

LOOKING FORWARD.

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THANK YOU!