Engagis CEO Leon Condon presents The Future of Retail - Embracing Digital for Improved Service and Profit.
Webinar Overview:
Your customers are changing. The way they search, discover and transact is transforming rapidly. We all know that shoppers love digital technology but for retailers the popular view is that it's expensive.
So can your retail store embrace digital without breaking the budget? This free webinar will reveal the answer.
Engagis CEO and digital marketing expert Leon Condon will show you why next-generation retail marketing must be more than just digital; it needs to be integrated.
You’ll learn which digital solutions equip you to better serve customers, empower your staff and increase your profit, all while lowering your costs.
This webinar will then showcase the options that exist right now, and reveal how top retailers are creating cutting-edge in-store marketing systems with minimal, or zero, impact on operating costs. View the Webinar slides above
Digital Business Strategy - How Food Brands Compete Through Technology
The Future of Retail Webinar by Engagis
1. Embracing Digital for Improved Service & Profit
The Future of Retail
Leon Condon, CEO, Engagis
2. How to Participate Today
Type a question in the QUESTIONS field
of your GoToWebinar Control Panel
Then press SEND
3. Engagis is a recognised leader in customer & staff
engagement solutions and digital display technology.
Established in 2001 with offices in Sydney, Melbourne & Auckland.
4. 4,000+30+ 20,000+
99%+ 10 14
Connected Blue
Chip Customers
Individual
Retailers
Connected Devices
Under Management
Uptime Industries Years in Business
5. The Future of Retail
1. The Rules Have Changed
2. Adapting to Change
3. The Future of Retail
4. Next Steps
Today’s Webinar:
9. • Smartphone Penetration rocketed from 19% in 2007 to 84% in 2014.
• 94% of shoppers research products and services on their smartphone.
• 47% now actively engage in Showrooming (viewing products in-store then
buying them elsewhere).
• As of 2015, mobile traffic online has now taken over desktop traffic.
MOBILE TRENDS
Source: Business Insider Australia (2014), Google 2015, Nielsen 2014, eMarketer 2014, PWC 2012, NRF Study (1),
Business Insider Australia (2014)(2), Nielsen (2014)(3)
10. • Online sales topped $15 BILLION in Australia last year and $1
TRILLION worldwide.
• Asia Pacific is the #1 market for eCommerce Sales.
• Online media influences more than 50% of total retail sales.
• Consumers use an average of 10.4 research sources prior to purchase.
ONLINE TRENDS
Source: Business Insider Australia (2014), Google 2015, Nielsen 2014, eMarketer 2014, PWC 2012, NRF Study (1),
Business Insider Australia (2014)(2), Nielsen (2014)(3)
11. • 51% of shoppers now use or want to use in-store kiosks for self-service.
• 60% of smartphone owners said they would use their phone to pay in store
if it meant they didn’t have to line up.
• 51% of shoppers are willing to use mobile shopping tools, but less than 5%
of retailers offer them.
RETAIL TRENDS
Source: Business Insider Australia (2014), Google 2015, Nielsen 2014, eMarketer 2014, PWC 2012, NRF Study (1),
Business Insider Australia (2014)(2), Nielsen (2014)(3)
12. MOBILE TRENDS ONLINE TRENDS RETAIL TRENDS
But while digital is changing the purchase
habits of consumers, over half of Australia’s
businesses have not responded.
13. MOBILE TRENDS ONLINE TRENDS RETAIL TRENDS
But while digital is changing the purchase
habits of consumers, over half of Australia’s
businesses have not responded.
35% of today’s
attendees
DO NOT HAVE
a mobile
optimised site.
!
14.
15.
16. Source: Business Insider Australia (2014), Google 2015, Nielsen 2014, eMarketer 2014, PWC 2012
73% of shoppers still prefer to physically interact with products in store before purchasing.
Only 6.5% of total Australian retail spend is currently online…
That leaves over 93% of
transactions still happening in store.
18. 80%of companies believe they deliver ‘superior experience’.
8%of customers agree.
Slide courtesy of Mash Up.
19. 80%of companies believe they deliver ‘superior experience’.
8%of customers agree.
Slide courtesy of Mash Up.
“Yet only 26% of
companies have a well
developed strategy for
improving the
customer experience.”
20. Adapting to Change
In fact retailers are investing billions to
make their brands eCommerce enabled.
But many are failing to integrate this online
activity into their bricks and mortar retail stores.
33. The Future of Retail
Creating Connections Along the Pathway to Purchase
• Digital Signage
• Electronic Shelf Labels
• Digital Ticketing
• Location Based Advertising
• Gamification
• Interactive Gaming
• Video Walls
• Touch Screens
• Augmented Reality
• Mobile Apps
• Solution Finders
• Digital Catalogues
• Staff Tablets
• Digital Wayfinders
• Secure Merchandising
• Remote Activation
• Online Ordering
• Mobile Ordering
• Self-Order Kiosks
• Mobile POS Systems
• Mobile Loyalty & Rewards
• Staff Communication Portals
• Staff Training Systems
• Audience Tracking
• Shopper Insights Portals
61. Personalising the Offer
• 700% increase in conversion ration versus traditional campaigns
• 72%+ of rewards recipients spend more than the amount of the reward.
• 88% of businesses with loyalty programs are more profitable than their
competitors without.
Source: Deloitte Loyalty Plus Research Study 2013, Capgemini Consulting Digital Shopper Study 2012,
DDB Mcdonalds Netherlands.
64. Strategy
Define objectives
Map your customer’s pathway to purchase
Identify touch points and explore relevant technology options
Review ROI
Provide a detailed technology road map addressing business goals
Solution Design and Prototyping
Prepare a fully interactive demonstration of the recommended solution
Rapid Pilot Testing
Build > Measure > Learn > Improve
Next Steps
68. Leon Condon
CEO
Engagis Pty Ltd
The Engagement Lab
Level 12, 213 Miller Street
North Sydney NSW 2060
T +61 2 8039 0651
M 0414 266 366
E leon.condon@engagis.com
W engagis.com
Customer Support 1300 203 810
Hinweis der Redaktion
Customers no longer shop exclusively in bricks and mortar stores. The PATHWAY TO PURCHASE is no longer linear. Whether at home, on the go or in store, shoppers are now using multiple channels to search, compare and transact.
Last month, Google announced a huge update, that as of April 21, there will be increased weight given to the mobile-friendliness of sites. This will have a major effect on retailers without mobile optimised and responsive websites. If you get nothing else out of today, at least check that your site has been optimised.
Last month, Google announced a huge update, that as of April 21, there will be increased weight given to the mobile-friendliness of sites. This will have a major effect on retailers without mobile optimised and responsive websites. If you get nothing else out of today, at least check that your site has been optimised.
Customers no longer shop exclusively in bricks and mortar stores. The PATHWAY TO PURCHASE is no longer linear. Whether at home, on the go or in store, shoppers are now using multiple channels to search, compare and transact.