Meeting The Needs Of The Cross-Channel Shopper

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As consumers demand better and more personalized shopping experiences, retailers have an opportunity to drive sales and loyalty by delivering a seamless omnichannel experience. The best strategies and solutions will balance a targeted marketing approach with shoppers’ willingness to share personal information and access promotional messaging. This session will provide insights into the psyche of the new omnichannel consumer and strategies to implement throughout the enterprise.

Transcript of Meeting The Needs Of The Cross-Channel Shopper

Meeting The Needs OfThe Cross-Channel Shopper

Presented by Session sponsored by

#CCSeries13

About CCS 2013

9 Webinars, 4 Days

Sessions covering

Mobile, Social, Store

Ops,

X-Channel, and more

Featuring industry

analysts and

consultants

Free for Retail

executives www.retailtouchpoints.com/connected-consumer-2013

#CCSeries13

Follow The Webcast On Twitter

#CCSeries13@ConnectConsumer

@RTouchPoints

#CCSeries13

About Retail TouchPoints

Launched in 2007

More than 25,000 subscribers

Provide executives with relevant,

insightful content

Free Resources such as White

Papers, E-book, Webinars, Research

and Podcasts

www.RetailTouchPoints.com

#CCSeries13

BrightTALK

#CCSeries13

Today’s Panelists

Ken MorrisPrincipalBoston Retail Partners

Debbie HaussEditor-in-ChiefRetail TouchPoints

MODERATOR

Branden JenkinsGeneral Manager,Retail/eTailNetSuite

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Meeting the Needs of the Cross-Channel Shopper

Ken MorrisPrincipal

Boston Retail Partners

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We are a leading independent retail management consulting firm

Built with a unique professional profile• Managed by industry-recognized leaders• All firm members have retail line management experience

• Several served as officers of major corporations• Comprehensive functional and technical experience

• Recruits experienced professionals in Customer Relationship Management , retail/store operations, merchandise management, supply chain management and retail technology

Relevant experience working with specialty retailers on Customer Relationship Management, retail operations, strategy, selection and deployment of Mobile Customer, Point-of-Sale, Merchandising and Supply Chain solutions

History of serving acknowledged industry leaders

No exclusive partnerships or alliances with software or hardware providers

About Boston Retail Partners

• Sephora

• CVS

• Walmart

• Eastern Mountain Sports

• J. Crew

• Brooks Brothers

• TJX

• Ann Taylor

• Target

• Kohl’s

• TBC Corp

• Vera Bradley

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Our experience covers a broad cross-section of retail segments...

Our Experience

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Thought LeadershipSurveys/White Papers Speaking Engagements

Webinars/ Articles

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The Evolution of Retail

Before 1980s The FutureDistributed POS model• Basic cash register and cash drawer

Omni channel retail puts it in the customer’s hands

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The Customer is the Center of the Universe

Customers now have the freedom to achieve their goals throughout the shopping process…

…usingwhichever

channels and touch points they prefer.

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14th Annual POS Benchmarking Survey

• Surveyed more than 500 North American retailers in October – December 2012

• Specialty retailers account for more than half of respondents

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2014 POS Hardware Plans

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Organization’s Mobile Strategy Drivers

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Customer-Facing Mobile Services

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POS Platform Expansion Plans

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Omni-Channel Services

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Identifying Customers at POS

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Customer Information Available to Associates

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Customer Information Available in Transaction

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www.bostonretailpartners.com

Meeting the Needs of Cross-Channel Shoppers

Branden Jenkins

GM of Retail / eTail

NetSuite Inc.

23© NetSuite Inc. 2013

© NetSuite Inc. 2013

Today’s Multi-Touchpoint World

Computer

POS

Tablet

Facebook / Social

Phone

© NetSuite Inc. 2013 25

Delivering a Seamless Consumer Shopping

Experience

OmniChannel Becomes Mainstream

Buy Online and Pick up In-Store

Check Inventory at Other Stores

Buy Online and Return In-Store

Order Inventory at Other Stores

Order Online from the POS

True Cross-Channel Merchandising

Stores as Fulfillment Centers

Delivering a Seamless Consumer Shopping

Experience

The Typical Way – Hairball of Systems

Point of Sale

Inventory & Merchandise Management

© NetSuite Inc. 2013

CRM

Business Intelligence

Ecommerce

PlanningMarketing

Support

Financials

Warehousing

Retail Hairball Eliminated

© NetSuite Inc. 2013

Retail Hairball Eliminated

© NetSuite Inc. 2013

© NetSuite Inc. 2013

CUSTOMERSINVENTORY

ORDERS

© NetSuite Inc. 2013

CUSTOMERSINVENTORY

ORDERS

CENTRALIZATION IS REQUIED TO MEET CUSTOMER/BUSINESS

NEEDS

© NetSuite Inc. 2013

INNOVATION IS REQUIRED ATCUSTOMER TOUCHPOINTS

© NetSuite Inc. 2013

© NetSuite Inc. 2013

Pillars of Omnichannel Success

360 view of the customer ⁰

Accurate, globally visible inventory

Centralized pricing and promotions control

Industry standard customer experience tools

“Multi-Everything” support

Collect, monitor, and analyze data

Aligning the brand and messaging

Appropriate security for cloud access

Always-current on the latest release

#CCSeries13

Q&A

#CCSeries13

Q&A // Panelists

Ken MorrisPrincipalBoston Retail Partners

Debbie HaussEditor-in-ChiefRetail TouchPoints

MODERATOR

Branden JenkinsGeneral Manager,Retail/eTailNetSuite

#CCSeries13

Embracing “Showrooming” Through Interactive Retail

Today, 2 PM ET / 11 AM PT

Thank You For Joining Us

www.retailtouchpoints.com/connected-consumer-2013

The next Connected Consumer Series session…