By 2025, e-commerce is projected to account for 30% of all retail sales and $2.7 trillion in total sales. Traditional retailers' market share is expected to drop from 71% to 62% of retail food sales. Retailers must engage shoppers, utilize customer data to create customized experiences, automate processes, and make buying convenient. Benchmarking against projections from groups like the Congressional Budget Office, Deloitte, and the National Retail Federation can help retailers plan strategies for the future store and economy.

1. Retail Vision 2025: Thoughts On The Future "Store"
Presenter
Ebony T. Grimsley
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This training program will provide you the tools to put in place to help you
succeed now and in the future in your retail business.

2. Today’s Commerce is Not Yesterday’s
• Stock the product
• Sell the product
• Maybe deliver the
product

3. Retail is not just about stocking a
product and selling it.
Retailers must:
• Engage shoppers.
• Utilize existing data points
and create new ones.
• Automate processes for a
custom experience.
• Make the buying process
convenient.
• Create a cost efficient road map.

4. Benchmarking Your Organization to Key
Retail Projections
• By 2025 it has been estimated that e-commerce will represent
30% of all retail sales and account from 2.7 trillion in total
sales (Source: Dematic-Newmark Grubb Knight Frank)
▫ Evaluate your current e-commerce strategy from purchasing to
shipping and returns.
• The market share of traditional retailers to drop from 71% of
retail food sales to 62% by 2025, according to a new report
from Technomic. (Source: Supermarket News)
▫ Plan for keeping fresh products, but on-demand

5. Where to Look for Trends on the Economy
and Spending for Benchmarking
• Federal Government
▫ Congressional Budget Office
• Big Data Marketers and Analysts
▫ Deloitte
• Trade Associations
▫ National Retail Federation
• Consultant firms

6. To see the complete presentation check the
below link:
https://www.audiosolutionz.com/cpg-retail/future-of-retail-2025.html