This document summarizes a presentation about connecting devices and data to build the store of the future. It discusses how technology is central to consumers' lives, especially when shopping, with many using digital channels before and during store trips. While some see technology as a threat due to showrooming, it is actually an opportunity for retailers to create more enriching experiences. The presentation features a moderator and panelists discussing these topics. It promotes using mobile devices and technologies like mobile POS to improve the in-store customer experience and build loyalty.
4. #TheNewStore
About Retail TouchPoints
Launched in 2007
Over 30,000 subscribers
To provide executives with
relevant, insightful content
across a variety of digital
medium
6. #TheNewStore
Technology Is At The Center Of Our Lives
79% of adults have their
devices with them 22
hours a day
75% use
their
phones
while in the
bathroom
Source 2: 11Mark, IT In The ToiletSource 1: IDC
7. #TheNewStore
Especially When We’re Shopping
84% of
consumers use
digital channels
before or during
their store trip
Source: Deloitte, The New Digital Divide
10. #TheNewStore
To Create More Enriching Experiences
61% value or
highly value asking
a sales associate
for product
recommendations
Source: Forrester, Customers’ Desires Vs. Retailers’ Capabilities
43. Today’s Customer
• Drives the shopping journey
• Has higher expectations
• Chooses the channel that works
best for them
44. Customer Use of Mobile Devices
[1] Forrester Research: Customer Desires vs. Retailer Capabilities: Minding the Omni-channel Commerce Gap.
45. The In-store Experience
[1] Forrester Research: Customer Desires vs. Retailer Capabilities: Minding the Omni-channel Commerce Gap.
46. Mobile POS-Fast, Efficient & Personal
[1] UPS Pulse of the Online Shopper Study, June 11, 2014.
[2] Forrester Research: Customer Desires vs. Retailer Capabilities: Minding the Omni-channel Commerce Gap.
47. Make it Personal
[1] Personalization Infosys 2013, Study: rethinking retail, insights from consumers and retailers into an omni-channel shopping experience.
[2] CMO Report: Getting a Business Lift from Loyalty: The Leaders In Loyalty.
48. Better Customer Experience Builds Loyalty & Revenues
[1] RightNow Customer Impact Experience Report 2011
[2] Temkin Group, The Secret to B2B2C Customer Experience Success, Dec 2014.
49. Incorporating Social Media into the Store
Is Social Media part of the
in-store experience?
It is for your Customers
51. Want to know more?
info@uxceclipse.com
www.uxceclipse.com/retail
52. #TheNewStore
Q&A // Panelists
MODERATOR
Alicia Fiorletta
Senior Editor
Retail TouchPoints
Randy Davidson
Solution Architect for Retail Solutions
UXC Eclipse
Laura Davis-Taylor
EVP of Customer Experience
MaxMedia
53. Thank You For Joining Us!
View this presentation on-demand at: http://rtou.ch/uxcweb315
Notes de l'éditeur
Randy Notes:
67% of customers are through the buying process before they talk to you
86% are willing to pay more for a better customer experience
Customers have done their research and in most case know more about a product they are wanting to purchase than the store associates.
Original Verbiage:
The future is here for Retail ERP with UXC Eclipse and Microsoft Dynamics AX for Retail. Leaders in the implementation of Specialty Retail, Fashion and Hospitality solutions for global retailers, UXC Eclipse shares their predictions for what today’s consumers expect from their retail experience and what Retail ERP implementations will demand in 2015
Randy Notes:
67% of customers are through the buying process before they talk to you
86% are willing to pay more for a better customer experience
Customers have done their research and in most case know more about a product they are wanting to purchase than the store associates.
Original Verbiage:
The future is here for Retail ERP with UXC Eclipse and Microsoft Dynamics AX for Retail. Leaders in the implementation of Specialty Retail, Fashion and Hospitality solutions for global retailers, UXC Eclipse shares their predictions for what today’s consumers expect from their retail experience and what Retail ERP implementations will demand in 2015
Randy Notes:
91% of American adults have mobile phone
56% of American adults have a smartphone
Pew Research – The internet and American Life Project April 2013
Randy Notes:
When in-store shoppers prefer to interact with a sales associate rather than use their own mobile technology, but they also expect sales associates to use mobile technology to be able to view stock availability and have product knowledge.
By using mobile technology sales associates can engage customers through out the store while shopping and when the customer is identified, the sales associate can have immediate access to their shopping preferences, previous purchases, wish list items and associated information.
Original Verbiage:
Mobility is now core to Omni-channel retail, featuring as the single most important feature of in-store transactions in the coming years. Microsoft Dynamics AX from UXC Eclipse delivers integrated ERP functionality with mobile POS for today’s click ‘n mortar retailers.
As a customer, It’s all about Me:
As a customer I expect to be known and expect the interactions you have with me to be relevant
Original Verbiage:
Consumers want and expect a personalized experience. They expect retailers to know their preferences and interests and tailor their offerings to suit their individual requirements whether in-store or online. Microsoft Dynamics AX from UXC Eclipse delivers omni-channel ERP with integrated social media to ensure retailers can track customer preference and deliver personalization.
The Customer Experience:
It’s not just the individual transaction but all of the interactions through the entire shopping journey – research on the web, making the final purchase either online or in the store, was there a problem with the purchase and need to return/exchange the item or connect with the call center?
Customers expect consistency in the journey – the same experience regardless of how they choose to interact. The experience needs to be the same whether digital or personal
One challenge customer have is a different experience between digital channels or that mobile sites are slow and inefficient
Original Verbiage:
Retailers need to deliver consistent customer experience across all their retail channels, ensuring the same quality of shopping experience in-store or online. Microsoft Dynamics AX from UXC Eclipse delivers omni-channel ERP with integrated social media to ensure a seamless customer experience.
Randy Notes:
Randy Notes:
Original Verbiage:
For retailers the future is clear. Investing in the right ERP is fundamental to meeting today’s consumer demand and the omni-channel retail reality. The good news is that the functionality needed and what consumers are demanding is here today, delivered by Microsoft Dynamics AX for Retail and implemented by Retail Specialists at UXC Eclipse.