1 CREATING CUSTOMER ADHESIVITY ON AN INDIAN BUDGET 18 th June 2014.
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Transcript of 1 CREATING CUSTOMER ADHESIVITY ON AN INDIAN BUDGET 18 th June 2014.
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1
“CREATING CUSTOMER ADHESIVITY ON AN INDIAN BUDGET”
18 t h June 2014
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WESTERN VS INDIAN APPROACH
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TODAY’S DISCUSSION
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• Plethora of ideas
• Which are the ones that work for
you?
• Fear of breaking the bank !!!
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EXECUTIVE SUMMARY
INNOVATIONS IN RETAIL MOBILE IN-STORE CROWD
SOURCING TRAFFIC
BUILDING VIRTUAL STORES
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MOBILE CUSTOMER EXPERIENCE
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IN-STORE CUSTOMER EXPERIENCE
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CROWD – SOURCING INNOVATION
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TRAFFIC BUILDING INNOVATION
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VIRTUAL STORE EXPERIENCE
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PRACTITIONERS VIEW TO LEAN
INNOVATION
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CONNECTING WITH CUSTOMERS THROUGH OUTCOMES
Enterprise Loop
Lean Enterprise Loop
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LASTMINUTE.COM EXAMPLE
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4 days
80 ideas3 actionable prototyped solutions
400+ customers per day
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LASTMINUTE.COM EXAMPLE
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THANK YOUSath iyanarayanan V i j aya raghavan
thoughtworks .com
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CUSTOMER CO-CREATION
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Evidence-based
decisions on outcomes
Create an experiment to test it
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MOBILE CUSTOMER EXPERIENCE
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Hointer added QR code to their jeans so that customers could just scan the item and it will be delivered to trial room
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MOBILE CUSTOMER EXPERIENCE
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Sainsbury scan and go
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IN-STORE CUSTOMER EXPERIENCE
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• > 50 LCD screens• 23 foot video wall• Virtual hostess,
Mrs. Green, a hologram
• Touch screen kiosks
• High-tech kids area - interactive video wall and projections
• Market Pass app for mobile payment and rewards
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IN STORE CUSTOMER EXPERIENCE
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United Arrows Marionettebots combines a traditional mannequin with the movement capabilities of a robot; used to drive traffic to stores and has used motion chemistry of consumers to offer promotions
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CROWD – SOURCING INNOVATION
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SuperBrugsen in Denmark allows customers to indicate local products that they would like their stores to stock; crowd sourcing at its best
Frito-Lay’s “Do Us A Flavor” campaign on Facebook, Twitter and local media generated 600,000 submissions over 3 ½ months
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CROWD – SOURCING INNOVATION
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Loblaws, a supermarket chain in Cadana, allowed consumers to submit their recipe ideas for a new President’s Choice branded product, and integrated it with a Food Network Canada (later CBC) television show to showcase the finalists’ recipesBudweiser asked its 12 brewmasters to envision their own unique version of beers. After six beers brewed for sampling and 25,000 opinions, the experiment resulted in a new golden amber lager : Budweiser Black Crown
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IN STORE CUSTOMER EXPERIENCE
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Fragrance Bar deployed at Sephora’s megastore in ChinaPerfume dispensers with iPad stations. The stations allow customers to set the occasionand try out different perfumes increasing chances of conversion
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TRAFFIC BUILDING INNOVATION
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The Body Shop used a technologically advanced marketing campaign that involved the iButterfly app.
The Body Shop campaign included merchandise discounts and several grand prizes that were worth hundreds of dollars
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VIRTUAL STORE EXPERIENCE
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Creation of urban retail spaces in vacant areas; users with a smartphone will have a fully stocked supermarket. Consumers scan, add products, pay and have the items delivered
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VIRTUAL STORE EXPERIENCE
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P&G launched 5D experience concept store in Sao Paolo. Enables users to experience the brand’s products from a new perspective
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VIRTUAL STORE EXPERIENCE
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Virtual shopping wall at Delhi Airport by HomeShop18; customers can shop by scanning the QR code shown with each product
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VIRTUAL STORES
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Magazine Luiza’s innovative virtual model covers 52 of its 350 chain stores. Megastore in small, hard to reach cities. Virtual store started with video sales and customer service and moved online. Provided one hour of internet for customers and an additional hour for bringing an additional customer. Space for education, healthcare, child care etc
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TRAFFIC BUILDING INNOVATION
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eMart in South Korea launched campaign with QR codes called Sunny Sales; 25% increase in sales and new membership by more than 50% month over monthThe Body Shop campaign that involved a technologically advanced iButterfly app
The Body Shop campaign included merchandise discounts and several grand prizes that were worth hundreds of dollars
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DIGITAL MARKETING
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Clear example of the power that convergence of physical and virtual worlds can create. By displaying Facebook “likes” on small screens embedded in articles’ hangers, C&A allows online community to drive behavior of brick and mortar shoppers
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SUPPLY CHAIN INNOVATION
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RFID tracks merchandize from manufacturer to consumer; stitched as part of the clothKeeps track of stock throughout the supply chain with ability to meet “promises to customer”