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Digital Signage – The future
of Customer Experience
HAPPIEST MINDS TECHNOLOGIES
Happiest People Happiest Customers
Executive Summary .............................................................................................................................3
Problem Description..............................................................................................................................4
Solution.................................................................................................................................................6
Use Cases............................................................................................................................................7
i. Retail
• Food (Items with shelf-life)
• Non-Food (Items without a shelf-life)
ii. BFSI
Benefits...............................................................................................................................................13
Conclusion..........................................................................................................................................15
References..........................................................................................................................................15
Copyright Information...........................................................................................................................9
Contents
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved2
Executive Summary
In today’s world, customers are more sophisticated and tech savvy than ever before and this behavior has caused a mas-
sive disruption in the way they shop. Businesses are continuously facing the challenge of getting their attention, keeping
them interested and lastly, not just satisfying their customers’ needs but also leaving a dazzling impression in their minds
which in turn will result in better customer satisfaction, higher customer retention and improving the brand recall through
their an invaluable, word-of-mouth, advertising.
This paper focuses on how various solutions can help the businesses of multiple industries achieve these goals by taking
some of the very basic steps towards the change. Through our solution, what we are trying to achieve can be broken down
in to following activities.
A constantly growing percentage of customers prefer to shop through multiple channels because of an exponentially
increasing penetration of mobile devices among the customers. They like to rely on the online content available to educate
themselves about the product and with the constantly rising adoption of social media, the product reviews are not just
easily accessible but also play a major part in converting a potential buyer to a customer.
Though one thing that can be said with absolute certainty is that, irrespective of the channel used for shopping, customers
like digital content and when inside a store, they need a device that will indulge them, using which they can do all the
research they want to and be absolutely sure before they go into a purchase decision.
Digital signage is any form of business communication where a dynamic messaging device is used to take the place of, or
supplement, other forms of messaging. It could be in the form of a video wall, it might be an interactive signage that allows
customers to browse the retailer’s catalogue, it could be traditional static signage or it could very well be a kiosk that allows
customers to place orders for shipment to their home.
Digital signage is just the kind of solution that will change the way we have done business and served our customers
before. It’s a solution that will act as that friend who helps them search , research, provides reviews and most importantly
give customers the confidence to make the purchase before stepping out of the store. These solutions help the business
gain customer’s trust and make shopping quite a uniquely spectacular experience.
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved3
Problem Description
Most businesses face challenges that have arisen because customers have started shopping differently. Their expecta-
tions have become higher and they like to be informed about every product aspect before they go ahead with a purchase.
A lot of efforts are put in for customers to walk into the store/office. However, once they are in, the bigger problems arise.
For example:
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved4
• Can we provide customers with what they are looking for
• Can we offer a deal most suited for the customer or tailor
offerings to suit them
• Are our customers happy with the options available
• Can the deal be closed before the customer steps out
Do we know why we couldn’t convert a deal
• Can we provide a better offer for the customer to recon
sider
• Would they like to recommend our products/services to
their friends and family
If you are aware of the answers to these questions, then
serving your customers better will become much easier.
If we look at some of the data below, it will suggest that
each of these factors play a huge role in customers’ shop-
ping experience:
• As per the survey conducted by PWC, 86% of the global
respondents and 65% of the US respondents shop using
a minimum of two different channels, while 25% of global
respondents and 21% of US respondents use 4 to 5
channels to shop
• While shopping from the same retailers also, 74% of the
shoppers use more than one channel in the US
• According to a report from Accenture, in the eyes of
customers “Financial institutions and advisors are
just trying to sell me something, not educate mea
bout my choices” as 59% of Millenials (age
21-30),46% of Gen Xers (age 31-45) and 57% of
Boomers (age46-70) agreed or strongly agreed with
this statement
• A study by OTX shows that 40 percent of people
surveyed said they were likely to pay attention to
merchandising while at the bank
• 70% of 18-24 year olds are aware of digital signage
and have seen it in the last 12 months; 27% of them
took action based on the advertisements there
• According to Nielsen’s 2012 “Global Trust in Advertis
ing Survey”, 70% of the customers trust online reviews
rather than the people they know
• In another survey, 56% of respondents indicated that
they would be, at least, somewhat likely to switch
brands based on better customer service options
• 86% of U.S. adults expect brands to offer multiple
options and flexible timing to interact with customer
service
• 95% of unhappy customers will return to your
business if an issue is resolved quickly and efficiently
Consumers believe their primary banks shouls
invest in:
Online
Banking
43%
Branch 38%
ATM
Mobile banking
Cllcenter
Socialmedia7%
21%
20%
12%
Analyzing the data, we clearly know that there is a very strong need to revamp store/offices and the way we have served
customers. Digital signage is the solution that helps us find a way to bring the virtual experience in to stores/offices and
provide a seamless experience across channels. It helps businesses create a comprehensive online product/services
catalog in the physical stores/offices making it easily accessible to all the customers. They can provide the customers an
interface to place their requirements, search their options, access product/services information, social/online reviews
and on request live expert recommendations. These interactive displays capture the customers’ details (Demographics,
interests, preferences etc.) and provide the business an opportunity to tailor their offerings dynamically. Also, with so
much data captured, it opens up plethora of opportunities for the business to understand their customers better, their
changing requirements and new product/services/offering introductions.
Content Management System – It will be responsible for creating and managing all the contents related products and
other digital media contents like videos, audios, images and so on
Integration Layer – This layer will help in integrating multiple systems e-commerce, m-commerce, POS data to provide
the customer with a complete cross-channel experience
Engines – There will be multiple engines working running in the backend to study the customer data from various
sources like e-commerce, social, Kiosk, CRM etc. and help the system make recommendations and promotions that are
more relevant to the customer
Customer Data – These systems will be responsible for storing all kinds of data related to the customer and will act as
the input for all our engines
Web – This component will include the appealing UI and all the services that will help fetch all the information required
to be shown to the customer
Our solutions consists of various components which are shown below:
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved5
Solution
•
•
•
•
•
Use cases that will show how digital signage changes the outlook of the business across industries.
Digital signage becomes an extremely power tool in the
field of retail. Retail customers today want access to prod-
ucts, information, trusted opinions, and deals, regardless
of whether they are shopping online, in a store, or both.
Retailers now can deliver interactive, immersive cross-
channel shopping experiences that give their customers
the convenience of online shopping in the store. We have
divided the user story for retail customers in two parts
where shopping needs and behavior are different from
each other:
• Food (Items having shelf life)
• Non-Food (Items without a shelf life)
Food (Items having shelf life)
In the user story below, the customer has the flexibility of
selecting any medium to initiate the shopping process,
giving them a complete cross-channel experience. A
spouse creates a shopping list sitting at home through
web or mobile app and can share the same with her
husband/friend if she doesn’t have the time to go to the
store. Husband/Friend will receive a code which they can
just directly scan on the kiosk outside the store and
request for the delivery of the items. They get notified
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved6
Use Cases
about the terminal to go to, collect their package and make
the payment. The payment can be done at the terminal
either through cash or card using mobile point-of-sale
devices. Thus, the customer without even entering the
store get all the items needed and are spared from all the
confusion that happens while they are in the store and also
saves a lot of time for the customers.
If customers have the time to shop and prepare a list, they
can do the same at the store as well. They just walk up to
a kiosk inside the store and the facial recognition software
recognizes the customer and logs them in their account.
They will have access to all the items in the store and can
go on dragging them in their cart. The kiosk can offer
suggestions that the customer may have forgotten to add.
For example: If the system sees that there are flour and
milk in the list but no eggs and if in the past the customer
has always bought eggs along with these two, then kiosk
will suggest the customer to add the missing item. Also, if
there is milk in the cart, the system knows that there are
milk packets in the store which will expire in 2-3 days and
hence can offer a discount over those brands. Once the list
is prepared, the customer will save it and pick up a cart
with digital device attached to the same.
Retail Industry
Create a shopping list
at home online and
save it.
Share your shopping list
with your friend for the
pick-up.
Go to store
kiosk and scan
the order ID.
5. The customer
request is sent
to associates.
The feedback is
generated.
through face recognition and displays
the shopping list requests for delivery.
The delivery happens at the
terminal. The customer pays
via cash or card.
Create a shopping list in the store
and save it. On the basis of items
selected, promote the
products.
Pick up the cart and log
in through a tablet.
Pick up the cart and
log in. Displayssaved
shopping list
Waiting in the queue can
dent customer experience.
games, quizzes or
advertisements will
keep customers occured
in the queue
Go to kiosk outside the store
Dirctly login to the cartand
access the shopping list
Take
feedback
Calorie
content &
Allergic
reactions
Live score
feed
Anniversary
Reminders
Advertise
ments
Promote
Events
Items
Missing
Locate
Products
Discounts
on items
about to
expire
As the customer logs on to the device, the newly added
shopping list appears there which he/she take around the
store. The device will also have many features like locating
various products inside the store, product information
(calorie content, allergic reactions if any etc.) for all the
health conscious buyers, special date reminders
(birthdays & anniversaries) which can lure the users to buy
a fresh stock of daisies that has just arrived in the store, a
live Score feed of a very exciting basketball game and so
on. Once the shopping is complete, the customer joins the
queue but on busy day the queue may be just long enough
for them to disappoint them. As soon as the shopping
ends, the device on the cart can offer various options like
fun facts, games etc. to keep them occupied or even run a
few surveys about various brands. Customer will be
awarded a few loyalty points for the same and thus, those
customers can also be lured to become a member of the
loyalty scheme if they are already not. Lastly, once the
shopping is complete, the customer can help us improve
our service by providing the feedback about their experi-
ence while logging out of the device.
These devices help the business a lot in understanding the
customer, his/her preferences, demographics, shopping
behavior, favorite teams and sports, brands they follow
and so on. Using this data, the analytics engine can come
up with deals that the customers will not only be pleased
with but would also want to flaunt it in front of their friends
either directly or through social media. Also, it helps the
business in capturing data around how many times they
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved7
went out of stock, how many customers were looking for
items they could not find in the store and what items are
being searched the most etc.
Non-Food (Items without a shelf life)
The use case revolves around a shopper who enters an
apparel store and experiences an interactive and
personalized in-store experience.
A Customer enters the mall and finds 2 large video walls
on the windows near the main entrance of a premium
lifestyle brand store. Each screen is equipped with a
sensor (camera) that is used to trigger content based on
motion. The content on the wall consists of the apparels,
shoes, accessories as well as the promotional offers. As
she progresses inside the store, she finds a store direc-
tory which provides an in-store way-finding system that
not only directs her, but also attracts more attention than
the conventional signage.
As she proceeds further, she first encounters a touch
screen interactive kiosk, where, through facial recogni-
tion, she is auto logged-in into the kiosk (as she is an
existing customer). The customer base for this apparel
store resides in a CRM. She now enters the choice of
language, type of apparel, size and the color. The screen
auto suggests the list of dresses in the order of the latest
collection based on the input parameters keyed in by
her. The screen also recommends the matching shoes
and accessories which offers convenience of up-sells
and cross - sells.
“My Mirror Wall” which when clicked, displays her video
as a runway model in the same attire on a runway screen
which is installed behind the kiosk.
“My photo & advice” when chosen, clicks a photograph
of the customer in the same clothing and tags her picture
on the store’s facebook page. As customer discovers her
friend’s likes and comments on the same, she would get
a sense of motivation and thereby decide to buy the
items.
“My wishlist” - In case customer chooses to buy the
items at a later stage, she can click on this option which
in turn will save her wishlist. The same wishlist can also
be accessed at the e-commerce site in case she prefers
to buy it online at later point in time.
“My Feedback” - In case the customer doesn’t like or find
the garment which she desires to buy, she could leave
her feedback/reasons along with her preferred require-
ment in detail. This feed will then get stored in the CRM
and once the stock of such a kind is available, an email
would be sent to the customer.
In our use case, the customer makes use of “My Mirror
Wall” and “My wish-list” feature which not only drives
confirmed sales, but also promotes the store’s Facebook
page and has the customers and their friends indirectly
“like” you!
She now swipes her credit card against card reader
which is integrated with the kiosk along with the receipt
printer. This enables digital signage to pull double duty
as a transactional kiosk, bridging advertising into profit-
able venue sales.
Once the transaction is successfully completed, she gets
notified of the counter no. on the kiosk’s screen from
where she picks her merchandise.
At the exit of the store, she is greeted with personalized
‘thank you’ message which definitely enhances her
in-store experience..
The interactive kiosk provides her multiple features:
•
•
•
•
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved8
The customer gets fascinated
by the 2 large video walls which
are running on apparels, shoes
and accessories.
On clicking on the‘Take my
photo and advice’option, it
takes a picture of her in the
selected attire and
automatically posts it on
Facebook for second opinion.
Based on the likes and
comments, she decides to go in
for the purchase decision.
She observes the in-store
her to the kiosk and grabs her
attention.
When she clicks the‘Mirror Wall’
option, it takes a picture of her
in the particular attire which
has been selected by her.
She swipes her credit card
against the digital signage card
reader and takes the receipt’s
print
As she accesses the interactive
touchscreen kiosk, she is
auto-logged in to choose her
attire.
When she chooses the items of
her choice, it auto-suggests
accessories that go with it.
She progresses to the counter
to pick up her purchased items.
she can leave the related info.
an email would be sent to her once
store recieves the desired item
She saves her wish list as she plans to make her husband
buy the same on the e-commerce site later!
Thank you Ann!
Have great day!!
Competition between banks to customers making branch
visit has been more important than ever. Every visit is a
key opportunity to build customer relationships. One such
way banks can engage customer’s attention is through
digital signage.
Let’s take a scenario where Customer enters a bank and
he is driven by the first level of interaction – Display. As he
approaches the display, a sensor attached to it gets
enabled which in turn recognizes his presence, gender,
approximate age and the dwell time. Recognizing these
demographics allows the digital signage to display the
most relevant message to him.
The message content on the display captures the
customer attention and draws him towards the touch
screen interactive kiosk to explore more on the investment
options. The kiosk prompts him to enter his account details
as he is an existing customer. As he logs in, he sees a
trend graph which depicts about his last 10 years invest-
ment. He clicks on the “Recommend Me” option which
suggests him the type of investments he could go for to
diversify his portfolio. The kiosk was able to auto suggest
based on his past history stored in the CRM.
In case he hadn’t found the option which best suits him, he
would be taken to a screen where he could input the
reason and details of his financial prerequisite. This would
ensure that the particular bank branch would notify him via
email when there would be an investment option matching
to his need.
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved9
Banking, Financial, Securities
and Insurance (BFSI)
He now explores the “Tell Buddies” option where the
details of investment option selected by him (with a wider
range in terms of investing amount and locking period)
are also notified to his friends through social account.
As he confirms his selection on investment option on the
kiosk, he is notified of a special offer on the spot for Car
insurance which provides Accidental cover facility for co
passengers up to Rs 3 lac which in the past was Rs 2 lac.
This enables the cross-selling of the products and
services which is indeed one of vital marketing goals. He
then uses the smart phone cameras to scan Quick
Response (QR) codes to download information related to
the car insurance offer. He then proceeds to the Queue
in order to have a discussion with the financial planner in
regard to the Investment he had chosen at the kiosk. In
the meanwhile, he continues to read the Insurance
related information till he reaches the financial planner’s
desk which in turn reduces the perceived wait times. Post
his discussion with financial planner, he further fills his
feedback on iPad about his experience at the branch
which in turn fetches him points. These points when
added to his existing ones led him to be eligible for a gift
card for his best 2 choice of brands. The auto suggestion
of the brand was based on the past survey and his social
account.
The dwell time of the customer at the Kiosk enables bank
to correlate the investment products option with sales of
various products and services at that branch. Through
Digital signage, bank was able to engage customer’s
attention throughout his presence in the bank and made
most of every minute the customer was at branch.
Mr. Jones’$5 Million Portfolio
Walks in to the bank
Advertisemnt grabs
his attention.
Approaches kiosk
The sensor detects his
presence and starts
displaying product
catalogue
Logs in and the kiosk displays his portfolio.
He selects investment options
Selects a policy but has
a few doubts
Takes online help
to
understand
the policies
Receives a token number and while he waits he
reviews the investment opportunity saved in his phone
Feels more educated about the
product. Adds item to his cart.
for a discussion
Gets informed
about complimenting
premiums
Financial planner
explains him about
the insurance terms
FP also talks about the investment option
that he had saved in his phone and
takes his feedback on why he woudn’t
want to ahead
Collects feedback on services and
his experience
Can share this product with
friends over social
media/mail who may be
interested in such products
Goes back to view more
insurance options
Depending on his portfolio and his
preferences investment options are
displayed. He can view expected
growth pattern and other details
If not an existing customer
but interested in the options,
he‘s asked provide his details
Existing customer
can scan the code
and get it on mobile
app to read later
Information sent over
the email
With the changing needs of the customer, digital signage provides a long list of benefits and has become indispensable for
any business today.
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved10
Benefits
ROI is the calculation of how long it will take for a
retailer to recoup his investment.
ROO on the other hand is not about dollars and cents,
but rather about objectives which retail stores would
like to reach such as better brand exposure or a more
engaging customer
Command customers’ attention through the digital
displays, which make use of images, videos and
animations
No more cluttered advertising/promotions
It can be a form of entertainment for customers waiting
In queue to be served, i.e. Trivia questions, quizzes,
brain teasers, fun facts; Videos, photo slideshows;
Enhances office ambiance
Enhances customer loyalty through engaging
Programs on touch screens or with mobile interaction
Eliminates the cost of printing paper tags, posters,
menus, which reduces carbon footprint.
Provides the flexibility to change the content any
number of times during the day without impacting the
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
cost and has no lead time
Associates/Officials can be pre-informed about their
requirements and hence reduce the customer service
time
All informative content can be made available online
for the associates/officials to help customers result-
ing in a quick turnaround time
Robust, scalable and reliable solution that can be
managed remotely
Digital signage provides the flexibility to constantly
rotate the advertisements or messaging, eliminating
the spatial limitations of the wall
Customers have the flexibility to choose the way they
want to interact with the business
With online and social reviews available at their
disposal, customers can be empowered to take a
decision while they are there in a store/office
Customers can be encouraged to check-in on social
forums through these devices or share
products/services with their friends/family resulting in
word-of-mouth marketing from the customers
Better Customer Engagement
Gain Operational Efficiency
Cross-Channel Experience
ROI and ROO analysis
With the simplicity of switching content, it is much
easier to cater to any audience depending on the
demographic info of the customer
With customers’ info available, new packages/services
can be offered to the customer which appeals more
the customer
Reinforce existing television, radio, print, and event
marketing messages
Promote new products, product lines, or product
categories
Up-sell, cross-sell, and drive traffic to particular areas
in the store
Advertise discounts, special pricing, or other timely
messages
Educate customers about services, new features, and
how products work
Customize content based on store location, time of
day, customer demographics, and other attributes
While the customer engages with the digital signage
systems, they also generate deep insights into
extremely useful data:
• Demographics
• Customers’ needs
• New trends
• Preferences
• Feedback
It helps in ideation of New Products, Services, Offer-
ings and business processes that will be more accept-
able by the customers
Data captured through these sources can be mon-
etized which can create opportunities for the compa-
nies untapped information to create new sources of
revenue
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved11
Targeted Content/Offerings
Improved Marketing and Promotions
Insights to Customer Data
•
•
•
•
•
•
•
•
•
•
•
Conclusion
In conclusion, the digital signage has a huge scope and certainly seems like the right step towards the direction of
understanding the needs of the customer better, especially, for the brick & mortar format of retail stores or offices. It has
found to be extremely effective in increasing the footfall, generating inquiries, improving brand awareness, reducing
perceived wait times, improving operational efficiency and most importantly, making store/offices visit a fabulous experi-
ence. Thus, delay in the adoption of digital signage will not be a wise move.
Business Analysis/Consulting professional with 7+ years of experience in the Retail and
E-Commerce industry spanning across Mobile and Web. He has strong interests in making
use of technology to constantly simplify and improve customers’ experiences, especially
around the Omni-channel and digital signage area. In his spare time, Vivek is passionate
about music and football.
6+ years of IT experience with 5 years in CRM space. She is well versed in Manufacturing and
Healthcare industry and has exercised the skill in combining business system savvy with the
latest technology in customer service and contract management area. Neha is passionate
about transforming concepts into state-of-the-art realities which provides quantifiable improve-
ments in business potential.
Authors
Vivek Kumar
Domain Consultant - Retail /
E-commerce
Neha Kohli
Senior Business Analyst
References
• http://www.forbes.com/sites/cherylsnappconner/2013/08/23/the-marketers-guide-to-customer-reviews-and-
why-you-should-care/
• http://socialmediatoday.com/sector45/1433331/why-online-reviews-matter
• http://www.pwc.com/en_us/us/retail-consumer/publications/assets/pwc-us-multichannel-shopping-survey.pdf
• http://www.networldmediagroup.com/retail-digital-signage-roi
• http://www.accurateconnections.net/digital-signage.aspx
• http://www.banktech.com/channels/the-business-case-for-digital-signage-at/240168101
• http://www.visiblebanking.com/infographics-retailbankingbranches-digitalsignage-newdesign-11925
• http://www.visiblebanking.com/infographics-retailbankingbranches-digitalsignage-newdesign-11925/2/
© Happiest Minds Technologies Pvt. Ltd. All Rights Reserved12 © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved
Happiest Minds is focused on helping customers build Smart Secure and Connected experience by leveraging disruptive
technologies like mobility, analytics, security, cloud computing, social computing and unified communications. Enterprises
are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and
make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Happiest Minds
also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product
Engineering Services, Infrastructure Management, Security, Testing and Consulting.
Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a
$45 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota.
Happiest Minds
© 2014 Happiest Minds. All Rights Reserved.
E-mail: Business@happiestminds.com
Visit us: www.happiestminds.com
Follow us on
12
Copyright Information
This document is an exclusive property of Happiest Minds Technologies Pvt. Ltd. It is intended for limited circulation.

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Whitepaper: Digital Signage – The future of Customer Experience - Happiest Minds

  • 1. Digital Signage – The future of Customer Experience HAPPIEST MINDS TECHNOLOGIES Happiest People Happiest Customers
  • 2. Executive Summary .............................................................................................................................3 Problem Description..............................................................................................................................4 Solution.................................................................................................................................................6 Use Cases............................................................................................................................................7 i. Retail • Food (Items with shelf-life) • Non-Food (Items without a shelf-life) ii. BFSI Benefits...............................................................................................................................................13 Conclusion..........................................................................................................................................15 References..........................................................................................................................................15 Copyright Information...........................................................................................................................9 Contents © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved2
  • 3. Executive Summary In today’s world, customers are more sophisticated and tech savvy than ever before and this behavior has caused a mas- sive disruption in the way they shop. Businesses are continuously facing the challenge of getting their attention, keeping them interested and lastly, not just satisfying their customers’ needs but also leaving a dazzling impression in their minds which in turn will result in better customer satisfaction, higher customer retention and improving the brand recall through their an invaluable, word-of-mouth, advertising. This paper focuses on how various solutions can help the businesses of multiple industries achieve these goals by taking some of the very basic steps towards the change. Through our solution, what we are trying to achieve can be broken down in to following activities. A constantly growing percentage of customers prefer to shop through multiple channels because of an exponentially increasing penetration of mobile devices among the customers. They like to rely on the online content available to educate themselves about the product and with the constantly rising adoption of social media, the product reviews are not just easily accessible but also play a major part in converting a potential buyer to a customer. Though one thing that can be said with absolute certainty is that, irrespective of the channel used for shopping, customers like digital content and when inside a store, they need a device that will indulge them, using which they can do all the research they want to and be absolutely sure before they go into a purchase decision. Digital signage is any form of business communication where a dynamic messaging device is used to take the place of, or supplement, other forms of messaging. It could be in the form of a video wall, it might be an interactive signage that allows customers to browse the retailer’s catalogue, it could be traditional static signage or it could very well be a kiosk that allows customers to place orders for shipment to their home. Digital signage is just the kind of solution that will change the way we have done business and served our customers before. It’s a solution that will act as that friend who helps them search , research, provides reviews and most importantly give customers the confidence to make the purchase before stepping out of the store. These solutions help the business gain customer’s trust and make shopping quite a uniquely spectacular experience. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved3
  • 4. Problem Description Most businesses face challenges that have arisen because customers have started shopping differently. Their expecta- tions have become higher and they like to be informed about every product aspect before they go ahead with a purchase. A lot of efforts are put in for customers to walk into the store/office. However, once they are in, the bigger problems arise. For example: © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved4 • Can we provide customers with what they are looking for • Can we offer a deal most suited for the customer or tailor offerings to suit them • Are our customers happy with the options available • Can the deal be closed before the customer steps out Do we know why we couldn’t convert a deal • Can we provide a better offer for the customer to recon sider • Would they like to recommend our products/services to their friends and family If you are aware of the answers to these questions, then serving your customers better will become much easier. If we look at some of the data below, it will suggest that each of these factors play a huge role in customers’ shop- ping experience: • As per the survey conducted by PWC, 86% of the global respondents and 65% of the US respondents shop using a minimum of two different channels, while 25% of global respondents and 21% of US respondents use 4 to 5 channels to shop • While shopping from the same retailers also, 74% of the shoppers use more than one channel in the US • According to a report from Accenture, in the eyes of customers “Financial institutions and advisors are just trying to sell me something, not educate mea bout my choices” as 59% of Millenials (age 21-30),46% of Gen Xers (age 31-45) and 57% of Boomers (age46-70) agreed or strongly agreed with this statement • A study by OTX shows that 40 percent of people surveyed said they were likely to pay attention to merchandising while at the bank • 70% of 18-24 year olds are aware of digital signage and have seen it in the last 12 months; 27% of them took action based on the advertisements there • According to Nielsen’s 2012 “Global Trust in Advertis ing Survey”, 70% of the customers trust online reviews rather than the people they know • In another survey, 56% of respondents indicated that they would be, at least, somewhat likely to switch brands based on better customer service options • 86% of U.S. adults expect brands to offer multiple options and flexible timing to interact with customer service • 95% of unhappy customers will return to your business if an issue is resolved quickly and efficiently Consumers believe their primary banks shouls invest in: Online Banking 43% Branch 38% ATM Mobile banking Cllcenter Socialmedia7% 21% 20% 12%
  • 5. Analyzing the data, we clearly know that there is a very strong need to revamp store/offices and the way we have served customers. Digital signage is the solution that helps us find a way to bring the virtual experience in to stores/offices and provide a seamless experience across channels. It helps businesses create a comprehensive online product/services catalog in the physical stores/offices making it easily accessible to all the customers. They can provide the customers an interface to place their requirements, search their options, access product/services information, social/online reviews and on request live expert recommendations. These interactive displays capture the customers’ details (Demographics, interests, preferences etc.) and provide the business an opportunity to tailor their offerings dynamically. Also, with so much data captured, it opens up plethora of opportunities for the business to understand their customers better, their changing requirements and new product/services/offering introductions. Content Management System – It will be responsible for creating and managing all the contents related products and other digital media contents like videos, audios, images and so on Integration Layer – This layer will help in integrating multiple systems e-commerce, m-commerce, POS data to provide the customer with a complete cross-channel experience Engines – There will be multiple engines working running in the backend to study the customer data from various sources like e-commerce, social, Kiosk, CRM etc. and help the system make recommendations and promotions that are more relevant to the customer Customer Data – These systems will be responsible for storing all kinds of data related to the customer and will act as the input for all our engines Web – This component will include the appealing UI and all the services that will help fetch all the information required to be shown to the customer Our solutions consists of various components which are shown below: © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved5 Solution • • • • •
  • 6. Use cases that will show how digital signage changes the outlook of the business across industries. Digital signage becomes an extremely power tool in the field of retail. Retail customers today want access to prod- ucts, information, trusted opinions, and deals, regardless of whether they are shopping online, in a store, or both. Retailers now can deliver interactive, immersive cross- channel shopping experiences that give their customers the convenience of online shopping in the store. We have divided the user story for retail customers in two parts where shopping needs and behavior are different from each other: • Food (Items having shelf life) • Non-Food (Items without a shelf life) Food (Items having shelf life) In the user story below, the customer has the flexibility of selecting any medium to initiate the shopping process, giving them a complete cross-channel experience. A spouse creates a shopping list sitting at home through web or mobile app and can share the same with her husband/friend if she doesn’t have the time to go to the store. Husband/Friend will receive a code which they can just directly scan on the kiosk outside the store and request for the delivery of the items. They get notified © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved6 Use Cases about the terminal to go to, collect their package and make the payment. The payment can be done at the terminal either through cash or card using mobile point-of-sale devices. Thus, the customer without even entering the store get all the items needed and are spared from all the confusion that happens while they are in the store and also saves a lot of time for the customers. If customers have the time to shop and prepare a list, they can do the same at the store as well. They just walk up to a kiosk inside the store and the facial recognition software recognizes the customer and logs them in their account. They will have access to all the items in the store and can go on dragging them in their cart. The kiosk can offer suggestions that the customer may have forgotten to add. For example: If the system sees that there are flour and milk in the list but no eggs and if in the past the customer has always bought eggs along with these two, then kiosk will suggest the customer to add the missing item. Also, if there is milk in the cart, the system knows that there are milk packets in the store which will expire in 2-3 days and hence can offer a discount over those brands. Once the list is prepared, the customer will save it and pick up a cart with digital device attached to the same. Retail Industry Create a shopping list at home online and save it. Share your shopping list with your friend for the pick-up. Go to store kiosk and scan the order ID. 5. The customer request is sent to associates. The feedback is generated. through face recognition and displays the shopping list requests for delivery. The delivery happens at the terminal. The customer pays via cash or card. Create a shopping list in the store and save it. On the basis of items selected, promote the products. Pick up the cart and log in through a tablet. Pick up the cart and log in. Displayssaved shopping list Waiting in the queue can dent customer experience. games, quizzes or advertisements will keep customers occured in the queue Go to kiosk outside the store Dirctly login to the cartand access the shopping list Take feedback Calorie content & Allergic reactions Live score feed Anniversary Reminders Advertise ments Promote Events Items Missing Locate Products Discounts on items about to expire
  • 7. As the customer logs on to the device, the newly added shopping list appears there which he/she take around the store. The device will also have many features like locating various products inside the store, product information (calorie content, allergic reactions if any etc.) for all the health conscious buyers, special date reminders (birthdays & anniversaries) which can lure the users to buy a fresh stock of daisies that has just arrived in the store, a live Score feed of a very exciting basketball game and so on. Once the shopping is complete, the customer joins the queue but on busy day the queue may be just long enough for them to disappoint them. As soon as the shopping ends, the device on the cart can offer various options like fun facts, games etc. to keep them occupied or even run a few surveys about various brands. Customer will be awarded a few loyalty points for the same and thus, those customers can also be lured to become a member of the loyalty scheme if they are already not. Lastly, once the shopping is complete, the customer can help us improve our service by providing the feedback about their experi- ence while logging out of the device. These devices help the business a lot in understanding the customer, his/her preferences, demographics, shopping behavior, favorite teams and sports, brands they follow and so on. Using this data, the analytics engine can come up with deals that the customers will not only be pleased with but would also want to flaunt it in front of their friends either directly or through social media. Also, it helps the business in capturing data around how many times they © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved7 went out of stock, how many customers were looking for items they could not find in the store and what items are being searched the most etc. Non-Food (Items without a shelf life) The use case revolves around a shopper who enters an apparel store and experiences an interactive and personalized in-store experience. A Customer enters the mall and finds 2 large video walls on the windows near the main entrance of a premium lifestyle brand store. Each screen is equipped with a sensor (camera) that is used to trigger content based on motion. The content on the wall consists of the apparels, shoes, accessories as well as the promotional offers. As she progresses inside the store, she finds a store direc- tory which provides an in-store way-finding system that not only directs her, but also attracts more attention than the conventional signage. As she proceeds further, she first encounters a touch screen interactive kiosk, where, through facial recogni- tion, she is auto logged-in into the kiosk (as she is an existing customer). The customer base for this apparel store resides in a CRM. She now enters the choice of language, type of apparel, size and the color. The screen auto suggests the list of dresses in the order of the latest collection based on the input parameters keyed in by her. The screen also recommends the matching shoes and accessories which offers convenience of up-sells and cross - sells.
  • 8. “My Mirror Wall” which when clicked, displays her video as a runway model in the same attire on a runway screen which is installed behind the kiosk. “My photo & advice” when chosen, clicks a photograph of the customer in the same clothing and tags her picture on the store’s facebook page. As customer discovers her friend’s likes and comments on the same, she would get a sense of motivation and thereby decide to buy the items. “My wishlist” - In case customer chooses to buy the items at a later stage, she can click on this option which in turn will save her wishlist. The same wishlist can also be accessed at the e-commerce site in case she prefers to buy it online at later point in time. “My Feedback” - In case the customer doesn’t like or find the garment which she desires to buy, she could leave her feedback/reasons along with her preferred require- ment in detail. This feed will then get stored in the CRM and once the stock of such a kind is available, an email would be sent to the customer. In our use case, the customer makes use of “My Mirror Wall” and “My wish-list” feature which not only drives confirmed sales, but also promotes the store’s Facebook page and has the customers and their friends indirectly “like” you! She now swipes her credit card against card reader which is integrated with the kiosk along with the receipt printer. This enables digital signage to pull double duty as a transactional kiosk, bridging advertising into profit- able venue sales. Once the transaction is successfully completed, she gets notified of the counter no. on the kiosk’s screen from where she picks her merchandise. At the exit of the store, she is greeted with personalized ‘thank you’ message which definitely enhances her in-store experience.. The interactive kiosk provides her multiple features: • • • • © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved8 The customer gets fascinated by the 2 large video walls which are running on apparels, shoes and accessories. On clicking on the‘Take my photo and advice’option, it takes a picture of her in the selected attire and automatically posts it on Facebook for second opinion. Based on the likes and comments, she decides to go in for the purchase decision. She observes the in-store her to the kiosk and grabs her attention. When she clicks the‘Mirror Wall’ option, it takes a picture of her in the particular attire which has been selected by her. She swipes her credit card against the digital signage card reader and takes the receipt’s print As she accesses the interactive touchscreen kiosk, she is auto-logged in to choose her attire. When she chooses the items of her choice, it auto-suggests accessories that go with it. She progresses to the counter to pick up her purchased items. she can leave the related info. an email would be sent to her once store recieves the desired item She saves her wish list as she plans to make her husband buy the same on the e-commerce site later! Thank you Ann! Have great day!!
  • 9. Competition between banks to customers making branch visit has been more important than ever. Every visit is a key opportunity to build customer relationships. One such way banks can engage customer’s attention is through digital signage. Let’s take a scenario where Customer enters a bank and he is driven by the first level of interaction – Display. As he approaches the display, a sensor attached to it gets enabled which in turn recognizes his presence, gender, approximate age and the dwell time. Recognizing these demographics allows the digital signage to display the most relevant message to him. The message content on the display captures the customer attention and draws him towards the touch screen interactive kiosk to explore more on the investment options. The kiosk prompts him to enter his account details as he is an existing customer. As he logs in, he sees a trend graph which depicts about his last 10 years invest- ment. He clicks on the “Recommend Me” option which suggests him the type of investments he could go for to diversify his portfolio. The kiosk was able to auto suggest based on his past history stored in the CRM. In case he hadn’t found the option which best suits him, he would be taken to a screen where he could input the reason and details of his financial prerequisite. This would ensure that the particular bank branch would notify him via email when there would be an investment option matching to his need. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved9 Banking, Financial, Securities and Insurance (BFSI) He now explores the “Tell Buddies” option where the details of investment option selected by him (with a wider range in terms of investing amount and locking period) are also notified to his friends through social account. As he confirms his selection on investment option on the kiosk, he is notified of a special offer on the spot for Car insurance which provides Accidental cover facility for co passengers up to Rs 3 lac which in the past was Rs 2 lac. This enables the cross-selling of the products and services which is indeed one of vital marketing goals. He then uses the smart phone cameras to scan Quick Response (QR) codes to download information related to the car insurance offer. He then proceeds to the Queue in order to have a discussion with the financial planner in regard to the Investment he had chosen at the kiosk. In the meanwhile, he continues to read the Insurance related information till he reaches the financial planner’s desk which in turn reduces the perceived wait times. Post his discussion with financial planner, he further fills his feedback on iPad about his experience at the branch which in turn fetches him points. These points when added to his existing ones led him to be eligible for a gift card for his best 2 choice of brands. The auto suggestion of the brand was based on the past survey and his social account. The dwell time of the customer at the Kiosk enables bank to correlate the investment products option with sales of various products and services at that branch. Through Digital signage, bank was able to engage customer’s attention throughout his presence in the bank and made most of every minute the customer was at branch. Mr. Jones’$5 Million Portfolio Walks in to the bank Advertisemnt grabs his attention. Approaches kiosk The sensor detects his presence and starts displaying product catalogue Logs in and the kiosk displays his portfolio. He selects investment options Selects a policy but has a few doubts Takes online help to understand the policies Receives a token number and while he waits he reviews the investment opportunity saved in his phone Feels more educated about the product. Adds item to his cart. for a discussion Gets informed about complimenting premiums Financial planner explains him about the insurance terms FP also talks about the investment option that he had saved in his phone and takes his feedback on why he woudn’t want to ahead Collects feedback on services and his experience Can share this product with friends over social media/mail who may be interested in such products Goes back to view more insurance options Depending on his portfolio and his preferences investment options are displayed. He can view expected growth pattern and other details If not an existing customer but interested in the options, he‘s asked provide his details Existing customer can scan the code and get it on mobile app to read later Information sent over the email
  • 10. With the changing needs of the customer, digital signage provides a long list of benefits and has become indispensable for any business today. © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved10 Benefits ROI is the calculation of how long it will take for a retailer to recoup his investment. ROO on the other hand is not about dollars and cents, but rather about objectives which retail stores would like to reach such as better brand exposure or a more engaging customer Command customers’ attention through the digital displays, which make use of images, videos and animations No more cluttered advertising/promotions It can be a form of entertainment for customers waiting In queue to be served, i.e. Trivia questions, quizzes, brain teasers, fun facts; Videos, photo slideshows; Enhances office ambiance Enhances customer loyalty through engaging Programs on touch screens or with mobile interaction Eliminates the cost of printing paper tags, posters, menus, which reduces carbon footprint. Provides the flexibility to change the content any number of times during the day without impacting the • • • • • • • • • • • • • • • • cost and has no lead time Associates/Officials can be pre-informed about their requirements and hence reduce the customer service time All informative content can be made available online for the associates/officials to help customers result- ing in a quick turnaround time Robust, scalable and reliable solution that can be managed remotely Digital signage provides the flexibility to constantly rotate the advertisements or messaging, eliminating the spatial limitations of the wall Customers have the flexibility to choose the way they want to interact with the business With online and social reviews available at their disposal, customers can be empowered to take a decision while they are there in a store/office Customers can be encouraged to check-in on social forums through these devices or share products/services with their friends/family resulting in word-of-mouth marketing from the customers Better Customer Engagement Gain Operational Efficiency Cross-Channel Experience ROI and ROO analysis
  • 11. With the simplicity of switching content, it is much easier to cater to any audience depending on the demographic info of the customer With customers’ info available, new packages/services can be offered to the customer which appeals more the customer Reinforce existing television, radio, print, and event marketing messages Promote new products, product lines, or product categories Up-sell, cross-sell, and drive traffic to particular areas in the store Advertise discounts, special pricing, or other timely messages Educate customers about services, new features, and how products work Customize content based on store location, time of day, customer demographics, and other attributes While the customer engages with the digital signage systems, they also generate deep insights into extremely useful data: • Demographics • Customers’ needs • New trends • Preferences • Feedback It helps in ideation of New Products, Services, Offer- ings and business processes that will be more accept- able by the customers Data captured through these sources can be mon- etized which can create opportunities for the compa- nies untapped information to create new sources of revenue © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved11 Targeted Content/Offerings Improved Marketing and Promotions Insights to Customer Data • • • • • • • • • • • Conclusion In conclusion, the digital signage has a huge scope and certainly seems like the right step towards the direction of understanding the needs of the customer better, especially, for the brick & mortar format of retail stores or offices. It has found to be extremely effective in increasing the footfall, generating inquiries, improving brand awareness, reducing perceived wait times, improving operational efficiency and most importantly, making store/offices visit a fabulous experi- ence. Thus, delay in the adoption of digital signage will not be a wise move. Business Analysis/Consulting professional with 7+ years of experience in the Retail and E-Commerce industry spanning across Mobile and Web. He has strong interests in making use of technology to constantly simplify and improve customers’ experiences, especially around the Omni-channel and digital signage area. In his spare time, Vivek is passionate about music and football. 6+ years of IT experience with 5 years in CRM space. She is well versed in Manufacturing and Healthcare industry and has exercised the skill in combining business system savvy with the latest technology in customer service and contract management area. Neha is passionate about transforming concepts into state-of-the-art realities which provides quantifiable improve- ments in business potential. Authors Vivek Kumar Domain Consultant - Retail / E-commerce Neha Kohli Senior Business Analyst
  • 12. References • http://www.forbes.com/sites/cherylsnappconner/2013/08/23/the-marketers-guide-to-customer-reviews-and- why-you-should-care/ • http://socialmediatoday.com/sector45/1433331/why-online-reviews-matter • http://www.pwc.com/en_us/us/retail-consumer/publications/assets/pwc-us-multichannel-shopping-survey.pdf • http://www.networldmediagroup.com/retail-digital-signage-roi • http://www.accurateconnections.net/digital-signage.aspx • http://www.banktech.com/channels/the-business-case-for-digital-signage-at/240168101 • http://www.visiblebanking.com/infographics-retailbankingbranches-digitalsignage-newdesign-11925 • http://www.visiblebanking.com/infographics-retailbankingbranches-digitalsignage-newdesign-11925/2/ © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved12 © Happiest Minds Technologies Pvt. Ltd. All Rights Reserved Happiest Minds is focused on helping customers build Smart Secure and Connected experience by leveraging disruptive technologies like mobility, analytics, security, cloud computing, social computing and unified communications. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. It secured a $45 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota. Happiest Minds © 2014 Happiest Minds. All Rights Reserved. E-mail: Business@happiestminds.com Visit us: www.happiestminds.com Follow us on 12 Copyright Information This document is an exclusive property of Happiest Minds Technologies Pvt. Ltd. It is intended for limited circulation.