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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
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”
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”
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”
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
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”
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”
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”