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5 Key Retail Trends To Watch in 2018

Head of Digital Strategy, Programmatic, Startup Mentor
6. Feb 2018
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5 Key Retail Trends To Watch in 2018

  1. 1 5 KEY RETAIL TRENDS TO WATCH IN 2018 RETAIL TECH TRENDS REPORT February 2018
  2. 2 Hi ! We went to NYC for this new 2018 Retail Big Show edition, NRF 2018. Retailers need to adopt disruptive technology if they want to remain relevant among digitally savvy shoppers. That’s said, we made it easier for you; as we've captured highlights and "must-see" retail tech all in one place. 5 key retail trends to watch in 2018 #1 Client-Centric approach as effective weapon to struggle #2 Augmented Store with Data #3 Automated Store powered by AI #4 Voice commerce is growing #5 Store powered by Robots Including a selection of retail tech sourced from NRF 2018
  3. 3 Client-Centric approach as effective weapon to struggle At last, « People » and interactions are actually becoming the centre of everything. As omnichannel and Mobile First strategies have evolved and merged, everything will be aligned to design and build better experiences : retailers are looking for their Aha moment, starting with eliminating waiting lines, thanks to technologies. #In-Store #Mobile #Personalization #Experience Retail Trend #1 1/5 A mobile and self-scanning solution which tracks parameters over time. Deep learning algorithms are constantly applied to disassemble the shopping cart to its components. The new Genesis Mini-SCO is 40% smaller than the competition’s cash dispensing Self-Checkout units; the Mini-SCO’s design allows retailers to fit nearly twice as many units in a desired space Mixed technology offering product identification and vegetable weighing. The Smart Shelf provides analysis data that can save time for consumers : store automation and reduction of time spent for workforce.
  4. 4 Augmented Store with Data Personalization has always been a ruler for Retailers and brands. Data Analytics activity is a key success factor to improve brands differentiation for each touch point: at home, mobile, in- store. All this data will be merged together between each technology (think about APIs) to improve customer targeting. #In-Store #RetailAnalytics #Personalization Retail Trend #2 2/5 A wireless, thermal-sensing people counter with analytics dashboard that helps you save money on staffing with. PERCH Shelf Touch, which puts the power of connecting in-store products with an infinite library of product-focused digital media at the fingertips of individual shoppers. MemoMi Labs’ patented technology can be used in a wide variety of technology applications, including ‘smart mirrors’ for retail stores thanks to an adaptive and controlled camera perspective. The platform utilizes ruggedized shelf-edge displays combined with high definition optical sensors to automate intelligence into on-the-shelf inventory levels and planogram compliance.
  5. 5 Automated Store powered by AI Computer Vision is growing: image recognition like Trax offers opportunity to improve store self efficiency thanks to image analysis right from the shelves. In-store Mobile app powered with AI bring the additional touch that could enhance user experience while shopping. #AI #In-Store #SupplyChain #InventoryManagement #Logistics Retail Trend #3 3/5 A stand-alone store where the user can buy products without a checkout by identifying himself before his access to the cabin. Face recognition platforms that performs customer identification in real time with existing video system or cameras. A mobile app platform, with patented add-on modules, that allows brick-and- mortar retail stores to provide its customers with a swift & personalized in-store shopping experience. A store monitoring and intelligence platform that helps retailers discover what’s happening in the aisles, quickly mobilize store staff for immediate in- store action.
  6. 6 Voice commerce is growing Conversational and voice commerce have been emerging for one year now. With growing equipment and public penetration like Amazon Alexa, Google Home or new Sonos device, it will become a functional assets for brands & retailers to master. #AI #ShoppersBevahiors #Voice #ConnectedDevices #Personalization Retail Trend #4 4/5 The digital beauty advisor brings your in- store beauty consultant to the digital age. Personalized selfie-powered beauty- product discovery and recommendation for beauty brands & retailers. In-store, online, mobile, on social media and through Amazon Alexa. Satisfi labs creates end-to-end artificial intelligence solutions for enterprise brands: On-demand store & product information, Product inventory, In-store mobile purchasing, Pre-trip planning & prep, Store directory.
  7. 7 Store powered by Robots Say hello to robots ! Robots presence is growing and becoming deeply accurate and bigger. Workhours and allocated ressources optimization will be following as robots are becoming more efficient and a true potential opportunity for retailers to get things done easier without low- added value human interactions. #In-Store #SupplyChain #InventoryManagement #Logistics Retail Trend #5 5/5 Robots’ mission is to make large-scale stores run efficiently by automating the collection and analysis of on-shelf inventory data. Autonomous retail service robots that can help manage inventory and show customers where to find products.
  8. 8 In 2018, Retailers will need to leverage their most powerful assets, their physical stores and their associates, powered by disruptive retail tech. They will be required to improve customer experience for each touch point. Indeed, thanks to emerging technologies (AI, Voice applications), they will be able to compete with pure-players strategies and methodologies. Notwhithstanding, to offer new improved experiences, they will need to focus on identifying where important complaints are, so as to match customers expectations with proper solutions (in-store digital solutions, robots). Tech that could save brick-and-mortar retail
  9. 9 Colombus Consulting group, partner to major companies and public sector bodies for more than 15 years 25 Countries covered * Source : SYNTEC Date of creation 1999 Experiences to share with you 1’000+ 100+ clients leading groups and organisations 180 consultants Women 5% Total payroll allocated to employee education and training 48% Men For Management Consulting companies* vs. 3% Management consulting Program Management Operational efficiency Data & Innovation Our offering 10+ industry served Banking, Utilities, FMCG, Insurance, Telecom, eCommerce, Retail, Media, Health… Consulting partner
  10. 10 Colombus Consulting Shift offering Marketing Digital & DataStrategy & Innovation Omnichannel Marketing Retail & Distribution STRATEGY & MARKETING INNOVATION INTERNET OF THINGS (IoT) OMNICHANNEL CAMPAIGNS CRM & DMP PERFORMANCE MARKETING CONNECTED POINT OF SALES OPERATIONS RETAIL ANALYTICS CUSTOMER JOURNEY & EXPERIENCE ECOMMERCE & DIGITAL ANALYTICS DIGITAL ADVERTISING DATA LAB
  11. Prénom Nom Titre nom@colombus-consulting.com +33 6 XX XX XX XX Want to learn more? Get in touch! Paul-Henri Brunet Arnoux Senior Consultant brunet@colombus-consulting.com +33 6 70 03 64 83 / +41 78 603 83 72 Paris Switzerland
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