Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of...

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Innovation Day 15 May 2019

Transcript of Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of...

Page 1: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

Innovation Day15 May 2019

Page 2: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

Introducing the ‘GoodHome’ approachVéronique Laury, Chief Executive Officer

Page 3: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

we want to create good homes by making home improvement accessible foreveryone

Page 4: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

a strategy withcustomer knowledgeat the heart

Page 5: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

based on facts, customers needs are more similar than different

Page 6: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

73% of people who are happy with their home are also happy in general

a good home = happiness

Page 7: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

too often, home improvement is a walk in the dark”

Page 8: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

the market potential is huge

Page 9: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

France UK Poland

Home improversSmall trade

Source: Euromonitor International estimates from secondary research, store visits and trade interviews. Addressable market: all home improvement product sales to private customers + sales to tradesmen (with <10 employees).

£41bn£37bn

£10.5bn

13.2

27.8

14.5

22.5

2.5

8.0

£90bn market across our three largest markets

Page 10: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

home improvement ecosystem

Page 11: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

PartiallyExclusivelyAverage % involvedin completion

customers do a lot themselves & it isn’t changing

32

% of customers who completed their project themselves (UK, FR, POL)

3946

545859

6673

83

9193

75

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chen

Flo

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ng

Bat

hro

om

Elec

. & P

lum

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g

Clim

ate

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Bu

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g

Page 12: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

we will grow our market share by solving the nightmare

Page 13: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

>50% unifiednew organisations and new ways of working, one common IT and digital platform

the engine is nearly built

Page 14: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

the 11 customer projects

Modernise an existing bathroom

Renovate an internal wall and ceiling

Renovate an internal floor

Refresh the home interior

Improve the heating efficiency of the home

Create and improve the home space

Maintain the home

Modernise an existing kitchen

Modernise, create and maintain the garden

Secure and automate the home

Tools for the project

1 2 3 4

5 6 7 8

9 10 11

Page 15: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

design led marketplaces

SKUs SKUs

IKEADecathlon

Zara

AmazonManoMano

Asos

future of retail

Page 16: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

ourfuture sales ecosystem

Page 17: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

our people Jacek,Poland

Amit,United Kingdom

Yannick,France

Luminita,Romania

Page 18: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom

GoodHome is a business idea

ServicePriceProduct

Experience Convenience Brand

Page 19: Innovation Day 15 May 2019 - Kingfisher plc · IKEA Decathlon Zara Amazon ManoMano Asos future of retail. our future sales ecosystem. our people Jacek, Poland Amit, United Kingdom