Shopatron Slideshow: 6 Compelling Cases for Ship-from-Store
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Transcript of Shopatron Slideshow: 6 Compelling Cases for Ship-from-Store
![Page 1: Shopatron Slideshow: 6 Compelling Cases for Ship-from-Store](https://reader036.fdocuments.us/reader036/viewer/2022062703/554e5b4cb4c905ad178b505b/html5/thumbnails/1.jpg)
Shopatron Slideshow
6 Compelling Cases for Ship-From-Store
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The Future of Brick-and-Mortar Looks Dim
US retailers received only 1/3 of the holiday foot traffic they did 3 years ago
1/3
6 Compelling Cases for Ship-From-Store
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The Future of Brick-and-Mortar Looks Dim
In the last 4 years, brick-and-mortar retail sales shrank by $30 billion
$30B
6 Compelling Cases for Ship-From-Store
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The Future of Brick-and-Mortar Looks Dim
➤ There hasn’t been an indoor mall built since 1996
➤ Increased popularity of “showrooming” is cutting into traditional retail sales
➤ Big name retailers are rapidly closing physical storefronts
6 Compelling Cases for Ship-From-Store
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eCommerce Continues to Thrive
eCommerce is approaching $300 billion in US sales and is the only trillion-dollar industry showing double-digit growth
6 Compelling Cases for Ship-From-Store
$300,000,000,000+
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eCommerce Continues to Thrive
Brands and retailers need to find a balance between the physical and digital
shopping experience to survive. But how?
6 Compelling Cases for Ship-From-Store
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Why Ship-from-Store is the Answer
➤ Ship-from-store programs allow brands and retailers to leverage the benefits of having both a physical and online presence.
➤ Many big names champion ship-from-store and many big companies are adopting ship-from-store programs.
6 Compelling Cases for Ship-From-Store
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66 Compelling Casesfor Ship-from-Store
6 Compelling Cases for Ship-From-Store
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1“Retailers that succeed in finding creative ways to deliver products…will thrive the most…the single most important things are endless aisle followed by ship-from-store.” - Sucharita Mulpuru, Senior Analyst, Forrester Research
2014 Will be Tough on Traditional Retail
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2Dick’s Embraces Ship-from-Store…
“We look at it as having over 500 distribution centers across the country that can get product to customers quickly and inexpensively.”
- Edward Stack, CEO, Dick’s Sporting Goods
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2…and Reaps the RewardsHaving every Dick’s store participate in their ship-from-store program, “has many benefits: it allows us to connect online customers with any inventory in any store; it improves inventory utilization; it lowers shipping costs; and improves speed to our customer, allowing us to now compete on speed. 75% of our orders are shipped to a customer within a 15-mile range of a Dick’s store.”
- Michele Willoughby, EVP eCommerce and Supply Chain, Dick’s Sporting Goods
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3Macy’s Ditches Distribution Centers“We’re no longer going to need fulfillment centers anymore,” said Macy’s CEO Terry Lundgren, according to RIS. “We’ve got 800 of them, and they’re called Macy’s stores.”
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4Best Buy Empowers Over 400 Locations“With the rollout of ship-from-store, we are looking at our stores strategically in relation to our longer-term supply chain strategy. We strive to deliver inventory to our customer when and where they wan to receive it.” - Hubert Joly, CEO, Best Buy
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5Best Buy Wins With Ship-from-Store“It’s not just that they’ve implemented ship-from-store – they’re doing it better than everyone else…Other big-box retailers have rolled out ship-from-store, but Best Buy seems to have created a blueprint that is having a tremendous impact on its business.”
- Kevon Hills, VP of Research, Stella Research
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6Wal-Mart Steps Up Online Delivery“Ship-from-Store will enable us to do same-day and next-day delivery at a low cost to us and offer convenient and expedient delivery to the customer…For 50 years, we’ve been picking from the back of the store and putting items on the shelf…Ship-from-Store is no different, except that you’re putting them into a box.”
- Joel Anderson, President & CEO, Walmart.com
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Recap: The Benefits of Ship-From-Store Improve Delivery Speed Reduce Costs in Multiple Ways Increase Inventory Turn Avoid “Out-of-Stock” Items Fewer Markdowns Mutually Beneficial for Brands
and Retailers Compete and Win!
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Looking for more eCommerce inspiration?Head over to the Shopatron website for dozens of resources on how to transform your eCommerce strategy.
ecommerce.shopatron.com/resources