Next Wave- Nearbuy Systems

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Nearbuy Systems Bryan Wargo CEO & Co-Founder [email protected] @NearbuySystems.com

Transcript of Next Wave- Nearbuy Systems

Page 1: Next Wave- Nearbuy Systems

Nearbuy Systems

Bryan WargoCEO & Co-Founder

[email protected]@NearbuySystems.com

Page 2: Next Wave- Nearbuy Systems

The Changing Shopping Landscape• E-Commerce is growing fast, but…

– 90%+ of all transaction still happen in the brick-and-mortar store

• The smartphone is a game changer in retail– Shoppers are bringing the internet with them into the

store

• Bridging online-to-offline is key to retail success– Provide services that engage and take advantage of

the smartphone capability

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What we do

Target Market

Solutions• Location based shopping applications• Employee productivity applications• Store analytics

Strategic Partner

Help retailers engage the multi-channel shopper in the store

Introducing Nearbuy Systems

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Retailer Solutions Built on NearbuyApplications

Guest WiFi Portal

In-store directions

Concierge services

Sales associate needed here

Location-aware promotions

Analytics

Online analytics for your offline store

Analytics

Location aware applications that improve the shopping experience

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Step 1: Connect Shopper

• Free WiFi access for the shopper– Opt-in– Retailer provided Incentives

• Valuable information and insights for the retailer and brand partner– Tie to loyalty– Additional CRM data

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Step 2: Download the App

• Retailer App or 3rd Party App• Provide incentives for

shopper to use in the store– Product navigation– Concierge Services– Loyalty

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Step 3: Analyze

• Collect data to personalize the experience– Tie to CRM data– Understand

online and store experience

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Step 4: Promote

• Personalized, location-aware in-store advertising– In App offers– SMS– Integrated Ads

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Shopper Retailers (Publishers)

• Improved experience

• Enhanced service

• Transparency

• Increased basket size• Deeper engagement• Competitive

advantage

Manufacturers (Advertisers)

• Influence at point of decision

• Personalization• Closed loop

Nearbuy Value Proposition

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2000 2007 20112009

Increasing Location Relevance

The Evolution of Digital Retail Marketing