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Precision Retailing
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Jan-Theodoor Wiltschek
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SAP Precision Retailing -- Inform and Influence the Consumer at the Point of Decision
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Precision Retailing
1.
SAP Precision Retailing Inform
and Influence the Consumer at the Point of Decision JT WILTSCHEK September 2012
2.
Web and mobile
Immediate Access to Information have raised Personalized Experiences consumers’ Cross-Channel expectations… Instant Gratification Social Connection
3.
4.
Relevance Drives Consumer
Value Precision Retailing Location-based offers 1:1 Personalization At the point-of-decision “I know where my customers are, but everyone gets the Delivers consumer value in three Timeliness same offer.” dimensions: Saves money CRM-based Saves time offers Helps them get right products “I know who my customers are, but can I reach them Wherever you start, getting there is when it counts?” a journey Personalization © 2011 SAP AG. All rights reserved. 4
5.
Precision Retailing Drives
Business Value Enhance consumer Increase offer conversion shopping experience rates Generate more store traffic Grow average basket size Increase consumer Maximize return on satisfaction and loyalty marketing investments © 2011 SAP AG. All rights reserved. 5
6.
SAP Precision Retailing Solution
Overview Understand the Send targeted offers, consumer shopping product info and context: availability Who, what, where, when Access relevant Analyze performance content from legacy to optimize campaigns systems CRM ERP BI POS PMR Other © 2011 SAP AG. All rights reserved. 6
7.
SAP Precision Retailing
Complete, Dynamic 1-to1 Targeted Offers Deep Insights to Optimize View of the Consumer in Real-Time Campaign Performance Combine information about a Deliver targeted offers and Provide access to insights on consumer’s profile, purchase content, optimized in real- consumer behavior and offer history and preferences with time on a 1-to-1 basis, to performance, at any moment data about their current consumers across mobile, and any level of detail, to help shopping context social and online channels optimize campaigns © 2011 SAP AG. All rights reserved. 7
8.
SAP HANA In-Memory
Technology Analyze massive volumes of detailed data in real-time 3600x 460B 21%* Faster reporting Data records Average increase in speed analyzed in less revenue than a second * Source: Oxford Economics © 2011 SAP AG. All rights reserved. 8
9.
Illustrative use-case: Enhance the
shopping experience, increase offer conversion rate and basket size Receive Special Get Product Find Discover Collect Offers Suggestions Better Deals New Products Rewards Consumer enters Consumer learns about Consumer is informed Consumer scans Consumer receives store and receives complimentary products when a better deal exists advertisements to learn loyalty benefits personalized deals more Casino personalizes Casino creates Casino is able to steer Casino creates Casino strengthens the shopping opportunities to cross- consumers toward opportunities to drive consumer loyalty experience and sell consumers and specific products and trade promotion through reward increases offer increase basket size creates opportunities to program conversion up-sell © 2011 SAP AG. All rights reserved. 9
10.
Illustrative use-case: Extend the
reach of printed advertising and sell personalized look Receive Special Browse Through Buy Relevant Collect Capture Ad Offer Looks Products Reward Consumer captures Consumer learns about Consumer browses Consumer buys bundle Consumer receives L’Oreal ads the product & receives through selection of of products loyalty benefits personalized offer personalized look L’Oreal extends the L’Oreal delivers a L’Oreal leverages social L’Oreal turns look into L’Oreal strengthen reach of printed multimedia experience community where the sale of a complete consumer loyalty advertising and a targeted offer to consumers create bundle through reward turn interest into a library of looks program purchase © 2011 SAP AG. All rights reserved. 10
11.
Structured Approach to
Speed Time to Value 1 Use Case 2 Proof of 3 Deployment 4 Delivery Workshop Concept Workshop Where is the business Rapid prototyping of How to make it real? Deployment need/value? use case Understand IT Configure solution Identify use cases Build wireframes, get landscape Integrate to back-end and requirements end-user feedback Define architecture systems Evaluate needs, Create working & integration points Develop dashboards value proposition, prototype Develop Revise or upgrade deployment Solicit feedback implementation plan & mobile app considerations, cost/ estimate benefit Develop business case © 2011 SAP AG. All rights reserved. 11
12.
SAP Precision Retailing Unlocking
the promise of precision retail to help you: © 2011 SAP AG. All rights reserved. 12
13.
Thank You! Contact information: JT
Wiltschek nl.linkedin.com/in/jantheodoorwiltschek