Dear retailer, do you really care about me?

22
March 2016 GADM #RETAIL @LolaOye Dear retailer, Do you really care about me?

Transcript of Dear retailer, do you really care about me?

March 2016

GADM #RETAIL

@LolaOye

Dear retailer, Do you really care about me?

2

If you care about me, you would pay attention to what’s important to me.

3

4

Context - Location, time & environment

Responsiveness - Voice, text

& haptic feedback

Connected devices - Laptop, tablet,

TV, music, environmental control etc.

I am always online.

Feedback - Instant lookup,

History, Voice, Haptic feedback

Familiarity - Personal,

intuitive, comfortable

Connectivity - WiFi & 4G,

Bluetooth, Mesh networks etc.

Source: eMarketer Retail Sales Forecasts, September 2015

15.7%UK eCommerce Sales Forecast 2016

So that’s ~85% transacted outside eCommerce

5

The high street isn’t dead to me, it’s just not fit for purpose.

You are old skool, I am new

skool

7

Desktop, mobile and web don’t

mean much to me

Smart TV

Wearables

TabletsApps

8

You know me, my activity (quant), but you don’t do anything with it.

Big Data

Smart TV

Wearables

Analytics

TabletsApps

9

You want me to spend my money,

but you won’t you spend yours.

!Legacy Technology

Big Data

Smart TV

Wearables

Analytics

TabletsApps

Real-time web technology

10

If you care about me, you should be willing to change anything you need to, to keep me.

11

High Operational Costs - BAU + Transformation

Technical Debt & Monolithic Architecture

Absence of best practice

1

It’s never going to be cheaper

Divest & build micro-services now

Claim virgin territory

12

2 3

If you cared about me, you would stay connected to me.

13

14

15

Use WiFi & Beacons. Let me shop how I want

where I want!

Give your staff mobile

‘smart’ devices so they can

do their job better.

Let me login, use my

phone to browse the shop

e.g. Product locations.

Use what I have on me as

normal, no extra apps.

CHECK-IN

1 2 3 4 5

If you cared about me, you would work hard to stay relevant to me.

16

If you cared about me, you would show me you’re trying to do better.

19

PHYSICAL STORE

RAPID EXPERIMENTS

Upgrade WiFi

Empowered staff

Beacons (Eddystone)

DIGITAL TEAM

Mixed disciplines

Everyone onsite at

store

Agile delivery

Map in-store

journeys

Incentivise customers

Learn & launch fast

…and I’ll stay with you.

21