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Finding the Retail Omnichannel Sweet Spots Infographic

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Finding the Retail Omnichannel Sweet Spots Infographic

  1. 1. ©2015 Xerox Corporation. All rights reserved. Xerox® and Xerox and Design® are trademarks of Xerox Corporation in the United States and/or other countries. BR14750 Finding the Omnichannel Sweet Spots Four powerful ways to boost sales Tomorrow’s most successful retailers won’t be experts in physical or digital retailing—they’ll be masters of both. If you want to deliver the ideal omnichannel experience, you’ll need to embrace new store formats, mobilize associates, integrate buying channels and find savings to reinvest in digital infrastructure. In short, it’s all about finding the omnichannel sweet spots. Here are four: Xerox has what it takes to help you transform as physical and digital worlds come together. Ready to take advantage of the omnichannel sweet spots and boost revenue? Visit xerox.com/retail for more. Physical DigitalSweet Spot retailers plans to open a showroom style-store8 of retailers host in-store events to engage with customers10 of CIOs say cost reduction is a key priority11 of organizations have a plan for insider breaches13 1 in 10 of retailers say inventory planning is of extreme importance15 Physical buying channels need to be optimized, personalized and integrated with the digital experience. Sales associates are still your most valuable selling assets. Arm them with mobile devices to improve productivity, service levels and in-store performance. Physical stores are increasing traffic by transforming into multifunctional hubs of entertainment, online pickups and delivery. To deliver a secure, efficient omnichannel experience, retailers must redeploy costs to innovation, improve digital infrastructure and optimize back-office processes. of sales occur in store1 90% people purchased from a catalog in 20143 80million increased sales when customers are helped by knowledgeable associates5 of store managers’ time is spent on administrative tasks7 up to 50% 29% 83% 77% up to 50% 68% of in-store sales are influenced by digital technology2 of sales are influenced by mobile4 of retailers invest in mobility to enhance in-store experiences6 of retailers plan to automate returns, claims and recalls management8 of retailers will use stores as delivery hubs for online orders9 of customers buy online and ship from store9 of costs are being redeployed via lean techniques and offshoring12 of CIOs say data security is a top priority14 of retailers already make inventory visible online16 1 2 3 4 50% 19% 62% 75% 28% 30% 97% over 25% 76% 1. ATKearney: On Solid Ground: Brick-and-Mortar Is the Foundation of Omnichannel Retailing. 2. Deloitte: The new digital divide. 3. InfoTrends 4. Deloitte 5. Timetrade: Retail Industry. 6. MicroStrategy: Why Should You Empower Your Store Associates with Mobile Apps? 7. Real Results Magazine: The Evolving Role of the Store. 8. EKN: EKN 2nd Annual Future of Stores Study. 2014 9. EKN: State of the Industry Research Series. 2014 10. EKN: The Future of Stores. 2013 11. RIS New. 2014 12. McKinsey 13. PwC: U.S. Cybercrime: Rising risks, reduced readiness. 2014 14. Forrester: The Retail CIO Agenda 2015: Secure and Innovate. 2015 15. SalesWarp: The customer is taking a back seat to other retail operations. 16. Forrester Research: The Retail Order Management Imperative. 2013

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