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FUTURE OF RETAIL
Reinvention & Revolution: Retail On
Demand & The New Brand
Champions
Edited & Presented by:
Lisa Ackerman
& Effective Marketing
Communications Trends for the
evolution
We need to explore the past to
understand the future effects &
how to effectively plan a Marketing
Communications strategy that
works.
Brick & Mortar
•Traditional Advertising/Promotions
•Tradition Marketing
•Traditional Publicity
Online & Digital
24/7
Tesco N. Korea
Showrooms / Reinventing the
Experience
Emotional effect /
environment considerations
Evolving Retail
“Selling” to “Learning”
Online to Brick & Mortar
And…consider
•Adaptive Pricing (your data dictates the
price!)
•Crowd Sourcing
•Augmented Reality (try before you buy)
•Personalization: Create your own
The Modern Shopper
Modern Shopper’s Expectations
 Sophistication Based On Personal
Knowledge
 Prepared To Trade Data For A Better
Experience
 Instant Access To Expertise
 Takes Advantage Of Technology
 Wants To Be Offered A Perfect Match
Marketing Communications messages go
from “Top Down” to “2-way dialogue”
Creating the:
•Shopper as Affiliate
•Crowd Sourced Product
range
•Shopper to Shopper Service
& education
•Shopper designed deals
(create & set the price)
Setting The Stage
By clearing the air before customers enter a store and calling out targeted
moments for valuable interactions, retailers are helping to create the
foundations of a focused and worthwhile interaction
THE NEW BRAND CHAMPION
SHOPPER AS
AFFILIAT
“LET ME SELL ON YOUR BEHALF”
COMMISSION FEES EARNED BY INFLUENCING
ONLINE PURCHASES
MULU.ME
SHARING PRODUCTS ON FACEBOOK DOUBLES
CUSTOMERS’ LOYALTY POINTS
TESCO
COMMUNITY POWERED CREDIT CARD INVOLVES CARDHOLDERS
IN CARD MANAGEMENT AND PROFITS
BARCLAYCARD RING
CONSTRUCTION BRAND GETS REAL-TIME FEEDBACK FROM
CUSTOMERS ON NEW TRUCK DESIGNS
CATERPILLAR
Meta-Library
By tapping into the wealth of online information by leveraging image
recognition search and augmented reality to present detailed information and
contextual relevance, users are able to use information without being tied to
a specific medium or behavior.
“HELP ME DECIDE WHICH ONE TO
BUY”
SERVICE PAIRS CONSUMERS WITH BRAND EXPERTS FOR
REAL-TIME PRODUCT CONSULTATIONS
NEEDLE
INSURANCE COMPANY RECRUITS EXISTING POLICY
HOLDERS TO ADVISE POTENTIAL CUSTOMERS
KYSY VAIKKA
Layered Virtual
Showcase
A new set of digital services are enabling shoppers to visually experience
and experiment with products before they buy.
With a growing level of peer to peer communities that are working together
and searching for service answers, the right information is being rewarded
and being presented in easy formats for large groups of people to use and
share.
“LET ME NAME MY PRICE”
APP LETS RETAILERS COMPETE TO SUPPLY
HOUSEHOLD GOODS
NETPLENISH
BUYAPOWA
WEBSITE PROVIDES BULK DISCOUNTS ON
POPULAR PRODUCTS
Modern Shopper’s Expectations
 Sophistication Based On Personal
Knowledge
 Prepared To Trade Data For A Better
Experience
 Instant Access To Expertise
 Takes Advantage Of Technology
 Wants To Be Offered A Perfect Match
•Service with opt in (trade your
data for better service
• Shopper Coaching (educate
before and after)
•Auto-curated shopping (your
purchase history)
•Bespoke at scale (customize
what you want)
•Fit with a click (digital tools to
help with fit)
Service With An Opt In
“Give Me Personal Attention And Better Service”
LOCATION AWARE APP PROVIDES SALES-STAFF
WITH CUSTOMERS’ PREFERENCES
NEIMAN MARCUS
STYLISTS LOOK TO YOUR PAST PURCHASES TO
TAILOR ADVICE
MODCLOTH
Subject Specialist
Staff members with specialized knowledge bases who can provide smarter
answers and product recommendations to their customers in-store, online
and over the phone.
RETAIL ON DEMAND
SHOPPER COACHING
“Teach Me How To Use This”
MOTORCYCLE REPAIR SHOP INVITES CUSTOMERS TO
WORK ON BIKES THEMSELVES
MOTOMETHOD
EXPERIENCE ‘POP-UPS’ SHOW CUSTOMERS HOW
TO ACESS HIGHER AUDIO PERFORMANCE
LENBROOK
“LET ME SHOP WHAT I LIKE”
GLIMPSE
SOCIAL SHOPPING CHANNEL USES FACEBOOK
‘LIKES’ TO BUILD CUSTOM CATOLOGS
PICKIE
PERSONALIZED MAGAZINE SHOWCASES FRIENDS’
LIKES AND SHARES
Experience Centers
Best-in-class brands are creating experience centers where consumers are
approached, not only as shoppers, but as sophisticated learners who are
eager to engage and create
“LET ME BUILD THE PERFECT ONE FOR ME”
CUSTOMIZING MODULAR FURNITURE ONLINE AT
AN AFFORDABLE PRICE
EVOLVEX
3D PRINTING KIOSK ALLOWS RETAILERS TO
OFFER CUSTOMERS PERSONALIZED OBJECTS
FUJIFILM
Reading The Customer
Opt-in services that allow customers to make their personal data available to
members of staff in exchange for the promise of tailored service, product
recommendations and optimization.
RETAIL ON DEMAND
FIT WITH A CLICK
“HELP ME CHOOSE THE PERFECT FIT”
WEBCAM ENABLED ALGORITHM ENSURES CUSTOMERS
FIND THE RIGHT FIT ONLINE
UPCLOAD
AUGMENTED REALITY APP TESTS POTENTIAL
FURNITURE IN CONSUMERS’ HOMES
SAYDUCK
Effective Integrated Marketing
Communications Campaigns have:
A unified, clear and consistent
message across all channels of
communication and customer
interaction

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Bu275.intro.futureofretailpresentation.2013

  • 1. FUTURE OF RETAIL Reinvention & Revolution: Retail On Demand & The New Brand Champions Edited & Presented by: Lisa Ackerman & Effective Marketing Communications Trends for the evolution
  • 2. We need to explore the past to understand the future effects & how to effectively plan a Marketing Communications strategy that works. Brick & Mortar •Traditional Advertising/Promotions •Tradition Marketing •Traditional Publicity
  • 4. Showrooms / Reinventing the Experience Emotional effect / environment considerations
  • 6. Online to Brick & Mortar
  • 7. And…consider •Adaptive Pricing (your data dictates the price!) •Crowd Sourcing •Augmented Reality (try before you buy) •Personalization: Create your own
  • 9. Modern Shopper’s Expectations  Sophistication Based On Personal Knowledge  Prepared To Trade Data For A Better Experience  Instant Access To Expertise  Takes Advantage Of Technology  Wants To Be Offered A Perfect Match
  • 10. Marketing Communications messages go from “Top Down” to “2-way dialogue” Creating the: •Shopper as Affiliate •Crowd Sourced Product range •Shopper to Shopper Service & education •Shopper designed deals (create & set the price)
  • 11. Setting The Stage By clearing the air before customers enter a store and calling out targeted moments for valuable interactions, retailers are helping to create the foundations of a focused and worthwhile interaction THE NEW BRAND CHAMPION SHOPPER AS AFFILIAT “LET ME SELL ON YOUR BEHALF”
  • 12. COMMISSION FEES EARNED BY INFLUENCING ONLINE PURCHASES MULU.ME
  • 13. SHARING PRODUCTS ON FACEBOOK DOUBLES CUSTOMERS’ LOYALTY POINTS TESCO
  • 14.
  • 15. COMMUNITY POWERED CREDIT CARD INVOLVES CARDHOLDERS IN CARD MANAGEMENT AND PROFITS BARCLAYCARD RING
  • 16. CONSTRUCTION BRAND GETS REAL-TIME FEEDBACK FROM CUSTOMERS ON NEW TRUCK DESIGNS CATERPILLAR
  • 17. Meta-Library By tapping into the wealth of online information by leveraging image recognition search and augmented reality to present detailed information and contextual relevance, users are able to use information without being tied to a specific medium or behavior. “HELP ME DECIDE WHICH ONE TO BUY”
  • 18. SERVICE PAIRS CONSUMERS WITH BRAND EXPERTS FOR REAL-TIME PRODUCT CONSULTATIONS NEEDLE
  • 19. INSURANCE COMPANY RECRUITS EXISTING POLICY HOLDERS TO ADVISE POTENTIAL CUSTOMERS KYSY VAIKKA
  • 20. Layered Virtual Showcase A new set of digital services are enabling shoppers to visually experience and experiment with products before they buy. With a growing level of peer to peer communities that are working together and searching for service answers, the right information is being rewarded and being presented in easy formats for large groups of people to use and share. “LET ME NAME MY PRICE”
  • 21. APP LETS RETAILERS COMPETE TO SUPPLY HOUSEHOLD GOODS NETPLENISH
  • 22. BUYAPOWA WEBSITE PROVIDES BULK DISCOUNTS ON POPULAR PRODUCTS
  • 23. Modern Shopper’s Expectations  Sophistication Based On Personal Knowledge  Prepared To Trade Data For A Better Experience  Instant Access To Expertise  Takes Advantage Of Technology  Wants To Be Offered A Perfect Match
  • 24. •Service with opt in (trade your data for better service • Shopper Coaching (educate before and after) •Auto-curated shopping (your purchase history) •Bespoke at scale (customize what you want) •Fit with a click (digital tools to help with fit)
  • 25. Service With An Opt In “Give Me Personal Attention And Better Service”
  • 26. LOCATION AWARE APP PROVIDES SALES-STAFF WITH CUSTOMERS’ PREFERENCES NEIMAN MARCUS
  • 27. STYLISTS LOOK TO YOUR PAST PURCHASES TO TAILOR ADVICE MODCLOTH
  • 28. Subject Specialist Staff members with specialized knowledge bases who can provide smarter answers and product recommendations to their customers in-store, online and over the phone. RETAIL ON DEMAND SHOPPER COACHING “Teach Me How To Use This”
  • 29. MOTORCYCLE REPAIR SHOP INVITES CUSTOMERS TO WORK ON BIKES THEMSELVES MOTOMETHOD
  • 30. EXPERIENCE ‘POP-UPS’ SHOW CUSTOMERS HOW TO ACESS HIGHER AUDIO PERFORMANCE LENBROOK
  • 31. “LET ME SHOP WHAT I LIKE”
  • 32. GLIMPSE SOCIAL SHOPPING CHANNEL USES FACEBOOK ‘LIKES’ TO BUILD CUSTOM CATOLOGS
  • 33. PICKIE PERSONALIZED MAGAZINE SHOWCASES FRIENDS’ LIKES AND SHARES
  • 34. Experience Centers Best-in-class brands are creating experience centers where consumers are approached, not only as shoppers, but as sophisticated learners who are eager to engage and create “LET ME BUILD THE PERFECT ONE FOR ME”
  • 35. CUSTOMIZING MODULAR FURNITURE ONLINE AT AN AFFORDABLE PRICE EVOLVEX
  • 36. 3D PRINTING KIOSK ALLOWS RETAILERS TO OFFER CUSTOMERS PERSONALIZED OBJECTS FUJIFILM
  • 37. Reading The Customer Opt-in services that allow customers to make their personal data available to members of staff in exchange for the promise of tailored service, product recommendations and optimization. RETAIL ON DEMAND FIT WITH A CLICK “HELP ME CHOOSE THE PERFECT FIT”
  • 38. WEBCAM ENABLED ALGORITHM ENSURES CUSTOMERS FIND THE RIGHT FIT ONLINE UPCLOAD
  • 39. AUGMENTED REALITY APP TESTS POTENTIAL FURNITURE IN CONSUMERS’ HOMES SAYDUCK
  • 40.
  • 41. Effective Integrated Marketing Communications Campaigns have: A unified, clear and consistent message across all channels of communication and customer interaction