Future Trends for Local Retail 2014 - Solocal Group UK event 27 Feb 14
1. etc Venues Paddington | London
19th November 2013
Solocal Group:
Future Digital Trends
“for local retail”
2014 Edition
Dylan Fuller, co-founder LSS
Centre Point Tower, 27 Feb14
2. Top Trends for 2014
• Social Media
• Mobile
• Online-to-Offline
• Omni Channel
4 areas 10 key trends
6. Mobile Trends (3)
• Momentum continues – all demographics
• Real mobile consumers – mobile 1st,
mobile-only and mainly mobile users
• Rise of mobile enabled local commerce
Mobile and its impact on the local and retail sectors
continues to be the big story 2014
7. Mobile: Smart Momentum
• 57% to 66%+
penetration across
‘EU5’
• Nearly 140 million
people
*Source Neilson / comScore / Ofcom
• Numbers higher for
those under 35
• 62% for 12-15 year
olds in the UK
9. Mobile: Commerce Goes Local
•
Smart next-gen apps accelerate, but still mainly dense
urban opp
•
Online booking, offline fulfilment
•
New marketplaces enabled by mobile and local
•
Ubiquitous and micro payment options
•
Collaborative consumption
•
What’s next …
17. Omni-Channel: Attention Challenge
• Media channels continue to
fragment
• Consumers split across the day,
across devices
• Lots of media / app noise
• Need to develop a wow factor to
get noticed
• Local retail has to work harder
and smarter