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How technology is impacting the retail industry
SAVANT DEGREES
INNOVATION IS IN
OUR DNA
We work with business leaders to
design and realize digital innovations &
products.
Zihuan Wee
Entrepreneur, & Innovator
‘Zwee’
Zwee is the founder & CEO of Savant Degrees and
has since consulted for a diverse group of
companies from MNCs like P&G to successful local
start-ups like Redmart in the field of digital
innovation.
In his last few years, Zwee has been actively
involved in several government panels, committees
and initiatives on IT, innovation, entrepreneurship &
leadership. He has also spoken at events and
colleges on leadership, entrepreneurship and digital
innovation.
Zwee’s interest and strength lie in attracting and
growing talented and inspired individuals to solve
real world challenges and craft exceptional
products. (www.linkedin.com/in/zihuan)
3
Business
TechnologyDesign
We work here
Hello, we are from Savant Degrees.
4
• We work alongside
leaders and their
teams to
understand users
and trends in the
industry.
• We imagine a better
solution that can
seamlessly and
intuitively designed
to drive new
innovations and
processes
• We help leaders
design innovative
user-driven
technology solution
• We architect the
components, build
and facilitate
transition
• We drive continuous
improvements
through iterations
and prototyping
techniques
01
Discover
02
Envision
03
Concept
04
Build
05
Evolve
The Savant MethodTM of design thinking has been successfully applied to creating
impactful digital solutions for our partners across the world
We mentor & work with start-
ups to jumpstart their digital
endeavors by planning,
designing and delivering their
technology products
We work with large multi-
national companies to gain a
competitive edge by turning
their archaic processes into
innovative ones
We work with local businesses
to innovate their processes by
introducing new solutions that
change the staff experience
We work with innovative and
forward looking firms to design
new innovations and adopt
agile methodologies
We work with payment
providers to create new fin-
tech innovations in Singapore
and Asia
We work with organizations to
design how logistics works in
Singapore. We help spin off
new division and propose new
IoT technology investment
6
How is digital changing the retail industry?
7
“What use could the company make of an electric toy?”
- Western Union 1878
“People will soon get tired of staring at a plywood box
every night.” - Daryl F. Zanuck, 20th Century Fox, 1946
“There is no reason anyone would want a computer in
their home.” - Ken Olsen, 1977
The biggest risk we face
is industry disruption
8
Your competition is changing.
No longer across the street competition
10
But the rise of e-tailers
11
Not just overseas, but here in Indonesia too.
12
Not just fashion, but also dailies.
13
Next, enter the online marketplace.
Now anyone can start a shop
And the e-shopping experience is becoming social.
16
Your customers are changing too.
17
A generation that is growing up differently.
18
They are ultra-conversant with technology
19
LOYALTY
VIEW TV
OR PRINT
AD
GO TO
STORE
COMPARE
OPTIONS
CHOOSE
BEST
OPTIONS
BUY ITEM
What used to be this…
20
VIEW TV OR
PRINT AD WATCH
YOUTUBE
COMMERCIAL
BUY ITEM
DOWNLOAD
MOBILE APP
COMPARE
SHOP
ONLINE
VIEW
BANNER
AD
READ
REVIEW
READ
BLOG
CUSTOMER
SUPPORT
PRODUCT
DEMO
IN-STORE
FACEBOOK
LIKES
VISIT
WEBSITE
SEARCH
DISCOVER
THROUGH
SOCIAL
NETWORK
VISIT THE
RETAIL STORE
WRITE
REVIEW
PLAY A
GAME
…has become something like this.
21
And yes, they often know more than you.
22
Which means they are looking for something more.
23
So how are retailers responding?
24
Not all doom and gloom.
25
Omni-channel – this is the new wave of retail.
It is about interacting and surprising the consumer…
27
With immersive physical-digital convergences
28
Anytime…
29
Anywhere…
30
On any device.
31
Okay. This all sounds great.
But, I still have questions
Will this really
impact my
business?
32
Do I have the
capabilities to do
this?
Is this something
my customers
need?
Will they want to
pay for it?
How does this
align with my
business
strategy?
Absolutely. Multi-channel retailing is complex.
And it’s not about jumping on the bandwagon
33
This is why we work with this in mind
Technology should not drive the
solution.
The solution should drive the
technology.
34
Here’s a sneak peek at how we work
35
Leadership & People
& Culture
Business Vision &
Objectives
Marketing & Branding
Strategies
Value Proposition
WHO YOU ARE
We start with an understanding of who you are
36
Human-centered Design
to uncover latent needs
and customer insights
WHO YOU ARE
And then a deep understanding of the customer
37
WHO YOU ARE
Consistency of brand
and an integrated
experience across all
touchpoints
So that we can design the right customer experience…
38
WHO YOU ARE
Driven by business
considerations and
operational realities
That complements what you do
39
Only then can we know which channels make sense, how they fit
WHO YOU ARE
40
WHO YOU ARE
And how they integrate with your overall business
WHO YOU ARE
This is how we satisfy ourselves that the digital pieces truly add value
42
• We work alongside
leaders and their
teams to
understand users
and trends in the
industry.
• We imagine a better
solution that can
seamlessly and
intuitively designed
to drive new
innovations and
processes
• We help leaders
design innovative
user-driven
technology solution
• We architect the
components, build
and facilitate
transition
• We drive continuous
improvements
through iterations
and prototyping
techniques
01
Discover
02
Envision
03
Concept
04
Build
05
Evolve
The Savant MethodTM of design thinking has been successfully applied to creating
impactful digital solutions for our partners across the world
43
And some final parting thoughts
44
Be adventurous. Fail fast to succeed quickly.
Remember your story, and what brought you here.
“If you want to build a ship, don’t drum up
people to collect wood and don’t assign
them tasks and work, but rather teach them
to long for the endless immensity of the
sea.”
- Antoine De Saint Exupery
“Technology should not dominate the customer experience or seek to replace staff.
Rather, it should make the jobs of staff easier and more meaningful.”
- Minister Lim Swee Say, at the successful SPRING/PayPal/Coastes Launch
-
zwee@savantdegrees.com zwee21
linkedin.com/in/zihuan zwee21

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How digital is transforming retail

  • 1. How technology is impacting the retail industry
  • 2. SAVANT DEGREES INNOVATION IS IN OUR DNA We work with business leaders to design and realize digital innovations & products. Zihuan Wee Entrepreneur, & Innovator ‘Zwee’ Zwee is the founder & CEO of Savant Degrees and has since consulted for a diverse group of companies from MNCs like P&G to successful local start-ups like Redmart in the field of digital innovation. In his last few years, Zwee has been actively involved in several government panels, committees and initiatives on IT, innovation, entrepreneurship & leadership. He has also spoken at events and colleges on leadership, entrepreneurship and digital innovation. Zwee’s interest and strength lie in attracting and growing talented and inspired individuals to solve real world challenges and craft exceptional products. (www.linkedin.com/in/zihuan)
  • 4. 4 • We work alongside leaders and their teams to understand users and trends in the industry. • We imagine a better solution that can seamlessly and intuitively designed to drive new innovations and processes • We help leaders design innovative user-driven technology solution • We architect the components, build and facilitate transition • We drive continuous improvements through iterations and prototyping techniques 01 Discover 02 Envision 03 Concept 04 Build 05 Evolve The Savant MethodTM of design thinking has been successfully applied to creating impactful digital solutions for our partners across the world
  • 5. We mentor & work with start- ups to jumpstart their digital endeavors by planning, designing and delivering their technology products We work with large multi- national companies to gain a competitive edge by turning their archaic processes into innovative ones We work with local businesses to innovate their processes by introducing new solutions that change the staff experience We work with innovative and forward looking firms to design new innovations and adopt agile methodologies We work with payment providers to create new fin- tech innovations in Singapore and Asia We work with organizations to design how logistics works in Singapore. We help spin off new division and propose new IoT technology investment
  • 6. 6 How is digital changing the retail industry?
  • 7. 7 “What use could the company make of an electric toy?” - Western Union 1878 “People will soon get tired of staring at a plywood box every night.” - Daryl F. Zanuck, 20th Century Fox, 1946 “There is no reason anyone would want a computer in their home.” - Ken Olsen, 1977 The biggest risk we face is industry disruption
  • 9. No longer across the street competition
  • 10. 10 But the rise of e-tailers
  • 11. 11 Not just overseas, but here in Indonesia too.
  • 12. 12 Not just fashion, but also dailies.
  • 13. 13 Next, enter the online marketplace.
  • 14. Now anyone can start a shop
  • 15. And the e-shopping experience is becoming social.
  • 16. 16 Your customers are changing too.
  • 17. 17 A generation that is growing up differently.
  • 18. 18 They are ultra-conversant with technology
  • 19. 19 LOYALTY VIEW TV OR PRINT AD GO TO STORE COMPARE OPTIONS CHOOSE BEST OPTIONS BUY ITEM What used to be this…
  • 20. 20 VIEW TV OR PRINT AD WATCH YOUTUBE COMMERCIAL BUY ITEM DOWNLOAD MOBILE APP COMPARE SHOP ONLINE VIEW BANNER AD READ REVIEW READ BLOG CUSTOMER SUPPORT PRODUCT DEMO IN-STORE FACEBOOK LIKES VISIT WEBSITE SEARCH DISCOVER THROUGH SOCIAL NETWORK VISIT THE RETAIL STORE WRITE REVIEW PLAY A GAME …has become something like this.
  • 21. 21 And yes, they often know more than you.
  • 22. 22 Which means they are looking for something more.
  • 23. 23 So how are retailers responding?
  • 24. 24 Not all doom and gloom.
  • 25. 25 Omni-channel – this is the new wave of retail.
  • 26. It is about interacting and surprising the consumer…
  • 31. 31 Okay. This all sounds great. But, I still have questions
  • 32. Will this really impact my business? 32 Do I have the capabilities to do this? Is this something my customers need? Will they want to pay for it? How does this align with my business strategy? Absolutely. Multi-channel retailing is complex. And it’s not about jumping on the bandwagon
  • 33. 33 This is why we work with this in mind Technology should not drive the solution. The solution should drive the technology.
  • 34. 34 Here’s a sneak peek at how we work
  • 35. 35 Leadership & People & Culture Business Vision & Objectives Marketing & Branding Strategies Value Proposition WHO YOU ARE We start with an understanding of who you are
  • 36. 36 Human-centered Design to uncover latent needs and customer insights WHO YOU ARE And then a deep understanding of the customer
  • 37. 37 WHO YOU ARE Consistency of brand and an integrated experience across all touchpoints So that we can design the right customer experience…
  • 38. 38 WHO YOU ARE Driven by business considerations and operational realities That complements what you do
  • 39. 39 Only then can we know which channels make sense, how they fit WHO YOU ARE
  • 40. 40 WHO YOU ARE And how they integrate with your overall business
  • 41. WHO YOU ARE This is how we satisfy ourselves that the digital pieces truly add value
  • 42. 42 • We work alongside leaders and their teams to understand users and trends in the industry. • We imagine a better solution that can seamlessly and intuitively designed to drive new innovations and processes • We help leaders design innovative user-driven technology solution • We architect the components, build and facilitate transition • We drive continuous improvements through iterations and prototyping techniques 01 Discover 02 Envision 03 Concept 04 Build 05 Evolve The Savant MethodTM of design thinking has been successfully applied to creating impactful digital solutions for our partners across the world
  • 43. 43 And some final parting thoughts
  • 44. 44 Be adventurous. Fail fast to succeed quickly.
  • 45. Remember your story, and what brought you here. “If you want to build a ship, don’t drum up people to collect wood and don’t assign them tasks and work, but rather teach them to long for the endless immensity of the sea.” - Antoine De Saint Exupery
  • 46. “Technology should not dominate the customer experience or seek to replace staff. Rather, it should make the jobs of staff easier and more meaningful.” - Minister Lim Swee Say, at the successful SPRING/PayPal/Coastes Launch - zwee@savantdegrees.com zwee21 linkedin.com/in/zihuan zwee21