The Vision and its applications to the industry, Professor Peter Schnedlitz

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© Schnedlitz, P. „The Vision and its applications to the industry“ Athens, June 23 rd 2011 Professor Peter Schnedlitz, PhD. The Road Map to the New Europe
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Transcript of The Vision and its applications to the industry, Professor Peter Schnedlitz

Page 1: The Vision and its applications to the industry, Professor Peter Schnedlitz

© Schnedlitz, P.

„The Vision and its applications to the industry“

Athens, June 23rd 2011

Professor Peter Schnedlitz, PhD.

The Road Map to the New Europe

Page 2: The Vision and its applications to the industry, Professor Peter Schnedlitz

© Schnedlitz, P.

Agenda

Authenticity

Value and Values

Customers in Control

Constantly Connected

All Kinds of Commerce

Considered Consumption

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Authenticity (and Fauxthencity)

Consumers in 2011 will increasingly look for distinctive, „real“ retail experiences.

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Value and Values

Customers are starting to demand that retailers not only offer „value“ but also espouse „values“ like environmental and social responsibility.

Rewe Green Building, Berlin

Carbon Footprint

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Customers in Control

It‘s all about the power shift first from manufacturers to retailers, and now to consumers.

The last 5 minutes before decision.

Wippermann, P., 2010

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Constantly Connected

And the trend is growing rapidly for shoppers to price check and purchase from their mobile phones in stores.

- Internet - Satellite - Digital – Radio - MP3-Files, DVD - Handy - Gameboy - Playstation Source: Trendbüro 2009

Source: Trendbüro 2009,

Digital Natives

Digital Immigrants

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Social Media – New Challenges

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Social Media Monitoring REWE

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Datamining: +/- Feedback

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Geografic Opinion Clouds

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All Kinds of Commerce

That will include traditional (instore) commerce, e-commerce, m-commerce (mobile), f-commerce (facebook), s-commerce (social) and v-commerce (video-enabled, eg. YouTube).

Multi Channel Retailing

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Considered Consumption

The consumer we will deal with in 2011 really thinks about what she is buying, making „mindful choices“, selectively seeking out deals, and trading down unless she sees real value in what she is purchasing.

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Paradigm Shift

Source: GDI 2008

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Retail is always emotion, too

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… and price

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Thanks for your attention

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LEH Geschäftstypen Europa.Nach Ländern Umsatzanteile in %

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Diskonter in EuropaUmsatzanteil im LEH Durchschnittswert Westeuropa 19,5%

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Bestpreisimage – Europavergleich. „Wer bietet den günstigsten Preis?“