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FUTURE OF RETAIL

Reinvention & Revolution: Retail On
    Demand & The New Brand
            Champions
MUSIC   PAYMENTS   RETAIL
https://dl.dropbox.com/u/71046092/
    future-of-retail_2012_pg3.jpg
Modern Shopper’s Demands
• Sophistication Based On Personal Knowledge
• Prepared To Trade Data For A Better
  Experience
• Instant Access To Expertise
• Takes Advantage Of Technology
• Offered A Perfect Match

Retail On Demand
RETAIL ON
 DEMAND
“Give Me Personal Attention And Better Service”




Service With An Opt In
MODCLOTH
STYLISTS LOOK TO YOUR PAST PURCHASES TO
                           TAILOR ADVICE
NEIMAN MARCUS
LOCATION AWARE APP PROVIDES SALES-STAFF
           WITH CUSTOMERS’ PREFERENCES
“Teach Me How To Use This”



RETAIL ON DEMAND
Subject Specialist
SHOPPER COACHING
 Staff members with specialized knowledge bases who can provide smarter
 answers and product recommendations to their customers in-store, online
 and over the phone.
MOTOMETHOD
MOTORCYCLE REPAIR SHOP INVITES CUSTOMERS TO
                  WORK ON BIKES THEMSELVES
LENBROOK
EXPERIENCE ‘POP-UPS’ SHOW CUSTOMERS HOW
      TO ACESS HIGHER AUDIO PERFORMANCE
“LET ME SHOP WHAT I LIKE”
GLIMPSE
SOCIAL SHOPPING CHANNEL USES FACEBOOK
        ‘LIKES’ TO BUILD CUSTOM CATOLOGS
CURISMA
 SOCIAL DISCOVERY PLATFORM CONNECTS
CONSUMERS SHOPPING FOR ELECTRONICS
“LET ME BUILD THE PERFECT ONE FOR ME”




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
EVOLVEX
CUSTOMIZING MODULAR FURNITURE ONLINE AT
                   AN AFFORDABLE PRICE
FUJIFILM
  3D PRINTING KIOSK ALLOWS RETAILERS TO
OFFER CUSTOMERS PERSONALIZED OBJECTS
“HELP ME CHOOSE THE PERFECT FIT”




Reading The Customer
RETAIL ON DEMAND

FIT WITH A CLICK
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.
UPCLOAD
WEBCAM ENABLED ALGORITHM ENSURES CUSTOMERS
                     FIND THE RIGHT FIT ONLINE
SAYDUC
                         K
AUGMENTED REALITY APP TESTS POTENTIAL
       FURNITURE IN CONSUMERS’ HOMES
Modern Shopper’s Demands
• Wants to Have A Say On What Is Produced
• Enjoys Lending A Hand To Fellow Shoppers
• Will Gather People Around To Get A Better
  Price
• Wants To Be Rewarded For Sharing Shopper
  Expertise

New Brand Champion
THE NEW BRAND
  CHAMPION
“LET ME SELL ON YOUR BEHALF”




THE NEW BRAND CHAMPION
Setting The Stage
SHOPPER AS
By clearing the air before customers enter a store and calling out targeted

AFFILIAT
moments for valuable interactions, retailers are helping to create the
foundations of a focused and worthwhile interaction
MULU.ME
COMMISSION FEES EARNED BY INFLUENCING
                    ONLINE PURCHASES
STYLMEE
GAME LETS PLAYERS COMPETE AND EARN REWARDS
              BY SETTING UP VIRTUAL BOUTIQUES
“LET ME HELP DECIDE WHAT’S SOLD”




Customer Abassadors
Shoppers are looking to harness the wealth of information and preferences
they callout, and create online, bringing the cache of information with them to
help inform and support their decisions
BARCLAYCARD RING
COMMUNITY POWERED CREDIT CARD INVOLVES CARDHOLDERS
                    IN CARD MANAGEMENT AND PROFITS
CATERPILLAR
CONSTRUCTION BRAND ASKS TRUCK DRIVERS TO WEIGH IN
                ON THE DESIGN OF ITS UPCOMING LINE
“HELP ME DECIDE WHICH ONE TO
BUY”




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.
NEEDLE
SERVICE PAIRS CONSUMERS WITH BRAND EXPERTS FOR
                REAL-TIME PRODUCT CONSULTATIONS
KYSY VAIKKA
INSURANCE COMPANY RECRUITS EXISTING POLICY
    HOLDERS TO ADVISE POTENTIAL CUSTOMERS
“LET ME NAME MY PRICE”




Layered Virtual
Showcase
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.
A new set of digital services are enabling shoppers to visually experience
and experiment with products before they buy.
NETPLENISH
APP LETS RETAILERS COMPETE TO SUPPLY
                    HOUSEHOLD GOODS
HANDSUP
SITE LETS CONSUMERS CREATE THEIR OWN
                 GROUP BUYING DEALS
MUSIC   PAYMENTS   RETAIL
https://dl.dropbox.com/u/71046092/
    future-of-retail_2012_pg3.jpg
Contact
 WHY PSFK
PSFK is a trends-led innovation company that
provides its clients with ideas and inspiration to
evolve its products, services and marketing
communications. We employ a unique methodology
to deliver trends research together with future
business concepts and user scenarios to a client list
that includes BMW, Microsoft, InterContinental
                                                                                             Piers Fawkes
Hotels Group, Target and Pepsi.
                                                                                          CEO & Founder
                                                                                          piers@psfk.com
                                                                                         +1 646.520.4672

                                                                                        Jeff Weiner
                                                                  Director, Business Development
                                                                             jeff.weiner@psfk.com
                                                                                   +1 646.520.4665
                                                                                   +1 516.359.3453

                                                                           42 Bond Street, 6th Floor
                                                                           New York, NY 10012 USA
                                                                                      www.psfk.com

                                               Samsung Brand Ambassador Innovations – Strictly Confidential – June 2012

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PSFK: Future Of Retail Presentation 120710102311-phpapp01

  • 1. FUTURE OF RETAIL Reinvention & Revolution: Retail On Demand & The New Brand Champions
  • 2. MUSIC PAYMENTS RETAIL
  • 3. https://dl.dropbox.com/u/71046092/ future-of-retail_2012_pg3.jpg
  • 4. Modern Shopper’s Demands • Sophistication Based On Personal Knowledge • Prepared To Trade Data For A Better Experience • Instant Access To Expertise • Takes Advantage Of Technology • Offered A Perfect Match Retail On Demand
  • 6. “Give Me Personal Attention And Better Service” Service With An Opt In
  • 7. MODCLOTH STYLISTS LOOK TO YOUR PAST PURCHASES TO TAILOR ADVICE
  • 8. NEIMAN MARCUS LOCATION AWARE APP PROVIDES SALES-STAFF WITH CUSTOMERS’ PREFERENCES
  • 9.
  • 10. “Teach Me How To Use This” RETAIL ON DEMAND Subject Specialist SHOPPER COACHING Staff members with specialized knowledge bases who can provide smarter answers and product recommendations to their customers in-store, online and over the phone.
  • 11. MOTOMETHOD MOTORCYCLE REPAIR SHOP INVITES CUSTOMERS TO WORK ON BIKES THEMSELVES
  • 12.
  • 13. LENBROOK EXPERIENCE ‘POP-UPS’ SHOW CUSTOMERS HOW TO ACESS HIGHER AUDIO PERFORMANCE
  • 14. “LET ME SHOP WHAT I LIKE”
  • 15. GLIMPSE SOCIAL SHOPPING CHANNEL USES FACEBOOK ‘LIKES’ TO BUILD CUSTOM CATOLOGS
  • 16. CURISMA SOCIAL DISCOVERY PLATFORM CONNECTS CONSUMERS SHOPPING FOR ELECTRONICS
  • 17. “LET ME BUILD THE PERFECT ONE FOR ME” 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
  • 18. EVOLVEX CUSTOMIZING MODULAR FURNITURE ONLINE AT AN AFFORDABLE PRICE
  • 19.
  • 20. FUJIFILM 3D PRINTING KIOSK ALLOWS RETAILERS TO OFFER CUSTOMERS PERSONALIZED OBJECTS
  • 21. “HELP ME CHOOSE THE PERFECT FIT” Reading The Customer RETAIL ON DEMAND FIT WITH A CLICK 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.
  • 22. UPCLOAD WEBCAM ENABLED ALGORITHM ENSURES CUSTOMERS FIND THE RIGHT FIT ONLINE
  • 23. SAYDUC K AUGMENTED REALITY APP TESTS POTENTIAL FURNITURE IN CONSUMERS’ HOMES
  • 24.
  • 25. Modern Shopper’s Demands • Wants to Have A Say On What Is Produced • Enjoys Lending A Hand To Fellow Shoppers • Will Gather People Around To Get A Better Price • Wants To Be Rewarded For Sharing Shopper Expertise New Brand Champion
  • 26. THE NEW BRAND CHAMPION
  • 27. “LET ME SELL ON YOUR BEHALF” THE NEW BRAND CHAMPION Setting The Stage SHOPPER AS By clearing the air before customers enter a store and calling out targeted AFFILIAT moments for valuable interactions, retailers are helping to create the foundations of a focused and worthwhile interaction
  • 28. MULU.ME COMMISSION FEES EARNED BY INFLUENCING ONLINE PURCHASES
  • 29. STYLMEE GAME LETS PLAYERS COMPETE AND EARN REWARDS BY SETTING UP VIRTUAL BOUTIQUES
  • 30. “LET ME HELP DECIDE WHAT’S SOLD” Customer Abassadors Shoppers are looking to harness the wealth of information and preferences they callout, and create online, bringing the cache of information with them to help inform and support their decisions
  • 31. BARCLAYCARD RING COMMUNITY POWERED CREDIT CARD INVOLVES CARDHOLDERS IN CARD MANAGEMENT AND PROFITS
  • 32. CATERPILLAR CONSTRUCTION BRAND ASKS TRUCK DRIVERS TO WEIGH IN ON THE DESIGN OF ITS UPCOMING LINE
  • 33. “HELP ME DECIDE WHICH ONE TO BUY” 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.
  • 34. NEEDLE SERVICE PAIRS CONSUMERS WITH BRAND EXPERTS FOR REAL-TIME PRODUCT CONSULTATIONS
  • 35.
  • 36. KYSY VAIKKA INSURANCE COMPANY RECRUITS EXISTING POLICY HOLDERS TO ADVISE POTENTIAL CUSTOMERS
  • 37. “LET ME NAME MY PRICE” Layered Virtual Showcase 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. A new set of digital services are enabling shoppers to visually experience and experiment with products before they buy.
  • 38. NETPLENISH APP LETS RETAILERS COMPETE TO SUPPLY HOUSEHOLD GOODS
  • 39. HANDSUP SITE LETS CONSUMERS CREATE THEIR OWN GROUP BUYING DEALS
  • 40. MUSIC PAYMENTS RETAIL
  • 41. https://dl.dropbox.com/u/71046092/ future-of-retail_2012_pg3.jpg
  • 42. Contact WHY PSFK PSFK is a trends-led innovation company that provides its clients with ideas and inspiration to evolve its products, services and marketing communications. We employ a unique methodology to deliver trends research together with future business concepts and user scenarios to a client list that includes BMW, Microsoft, InterContinental Piers Fawkes Hotels Group, Target and Pepsi. CEO & Founder piers@psfk.com +1 646.520.4672 Jeff Weiner Director, Business Development jeff.weiner@psfk.com +1 646.520.4665 +1 516.359.3453 42 Bond Street, 6th Floor New York, NY 10012 USA www.psfk.com Samsung Brand Ambassador Innovations – Strictly Confidential – June 2012