A quick look at six top trends transforming the retail industry in 2016, including highlights on high street real estate and an overview of priorities for the year ahead.
2. The subscription
economy
The power of
the crowd
The age of truly personal
commerce dawns
Social
influence
TV shopping
reinvented
The dawn of the
“omni-organisation”
Retail Trends 2016
3. Internet of things Robotics
Virtual reality Artifical intelligence
Driverless cars
The next wave of disruptors in retail
4. The sharing economy
extends to retail space
Pure plays turn to bricks
and mortar
Supermarkets struggle
to shrink space
Consolidation and
distress persist
New rental models
emerge
The High Street in 2016
5. 2016 priority ... redefining convenience
Delivering a relevant, personalised experience
• Commerce will become pervasive
at every point of inspiration
• Retailers will attempt to understand
each customer and engage
according to specific context and
preferences
• The role of the physical store
will fundamentally change as the
barriers between physical and
digital will blur
Act on customer “wants”…
as well as their needs
• Products and services will
increasingly be personalised to the
individual customer
• Retailers will start to act and behave
more like media companies
• Social will become the biggest
influence on sales
Personalise the offer
• Enterprise inventory will evolve
towards ecosystem inventory
• Customers will demand that
retailers immediately fulfill or even
predict their needs
• Transaction will no longer be
an event but a more seamlessly
integrated part of the experience
• Third parties will redefine the
customer-retailer relationship
Execute on the promise…
don’t disappoint!