SlideShare una empresa de Scribd logo
1 de 17
Making Retail Personalization
More Relevant
Based on the Brick Meets Click presentation
given at the Annual Food Industry Summit
Saint Joseph’s University, March 13, 2014
By Bill Bishop
Chief Architect, Brick Meets Click
Follow us
Twitter, Facebook or LinkedIn
www.brickmeetsclick.com
Brick Meets Click delivers the strategic insight and guidance that retailers, suppliers, & technology
providers need to drive growth by meeting shopper needs in an omnichannel environment .
March 2014
2
Many leading food retailers have made progress in personalizing offers – in
particular, their circulars. This is key to making it easier for customers to find the
items they want from among the 30,000 to 40,000 on store shelves.
But the real question is:
Does personalizing the offer go far enough to win the “hearts and minds” of
shoppers?
A report on Omnichannel Personalization by The CMO Club* indicates that the
answer may be NO and shows how retail marketers are moving beyond just
personalization of offers to personalizing the shopping experience and building
the basis for future purchases.
We want to build on the conversation started by The CMO Club’s paper and
explore examples that will help food retailers move beyond the limits of
personalized offers and toward engaging more fully with their customers via
omnichannel personalization.
* The reports lead author is Nadine Dietz, SVP of Global Consultancy 5one; request a copy
Why personalization?
March 2014
3
What’s the problem?
Shoppers are not reacting the way they used to to marketing and promotions.
Takeaway:
Your offering has to change.
More
Information
Greater
Choice
Increased
Market Power
March 2014
4
Why translate omnichannel personalization into
today’s food retail?
Aligning the offer with your shopper’s perspective
Winning the trip
Interaction makes customer segmentation more
dynamic
Retention is more profitable/efficient than
acquisition
March 2014
5
 Accessing more new
information sources
 Communicating more
frequently online
Takeaway:
These shoppers expect more options.
Omnichannel describes the empowered
shopper who is:
March 2014
6
 It shows you understand who
they are.
 It sorts through all the choices
to make it easier for them to
find what they want.
Takeaway:
Personalization will soon be REQUIRED to satisfy
the empowered shopper.
Personalization is one way to appeal more
effectively to the empowered shopper
March 2014
7
The core principles of omnichannel personalization
Takeaway:
Emphasize these
principles as you
navigate the
changing
marketplace and
embrace the digital
path to purchase.
Expanding
engagement
Creating
experience
Increasing
retention
March 2014
8
Adjusting to the Digital Path to Purchase
One of the ideas highlighted in the CMO Club report is the shift from the traditional
concept of path-to-purchase to the notion of a customer journey on which all the new
digital touchpoints can play an active role. We see opportunities to translate this
idea to food retailing.
The
shopper
In
home
On the
go
In-
store
On the
web
GETTING STARTED
Here are eight examples from outside
of the food industry that fit into a
customer’s digital path to
purchase/journey. These will help you
visualize what is possible.
At the end of each example is specific
guidance in the form of a takeaway,
plus a call-out for ideas about
translating the key idea to your
business.
March 2014
9
In home
Following the customer’s lead
IKEA personalizes communications by analyzing the way customers
communicate inside the store’s loyalty program, IKEA Family. They
look at how each customer engages with them via email, mobile,
social and the store website, and then IKEA develops “purchase
triggers” to deliver communications in a way that shoppers have
shown they want to get them.
In this way, IKEA personalizes communications to fit each individual
customer’s digital preferences. Their engagement is particularly
effective as they connect customers with what’s available in the
store. IKEA believes “our store…is our richest source of content.”
Takeaway: Find ways to personalize communications
that match your shoppers digital activities. This shows
you know them so well you can anticipate their
preferences.
Ideas?
Expanding
engagement
Creating
experience
Increasing
retention
March 2014
10
Reserving items anywhere/anytime
Takeaway: Identify options for customers to blend
online shopping with the convenience of store pick-
up, and give them the confidence that what they want
will be there when they want it. This encourages a trip
to the store.
Ideas?
The Gap opens up more personal choice for its customers through
a “Reserve In-store” program that was tested in 2013. The service
was so well received that it’s now rolling out across the country.
Online, customers can reserve an item at a nearby store anytime
of day or night. The store sends them a text reminder when the
item(s) have been set aside for them, and customers then
complete the purchase at the store when it’s convenient for their
personal schedule.
In home
March 2014
11
Creating value from "moments"
Takeaway: Look for opportunities to increase the
personal value of rewards by delivering them
immediately following the desired action by your
customer. This connects your business with the
satisfaction and emotion of being rewarded. In the
words of Brian Wong, “Respect the customer.”
Ideas?
Brian Wong, Founder of Kiip (pronounced “keep”), uses rewards
to create a wow experience with apps. It’s a way to connect the
virtual and the physical worlds by bringing alive the moment with
an immediate reward.
In a task management app sponsored by manufacturers called
any.do rewards, customers are given a reward each time they
cross a task off their to-do list, thus providing immediate
gratification.
On the Web
March 2014
12
Experiencing life with your shopper
Takeaway: Retailers can tap into the popularity of
reality shows by providing individual customers
with ways to become part of events themed
around holidays and other occasions like back-to-
school.
Ideas?
Target’s Bullseye University streamed a live, 24-hour reality-
TV-like dorm event to connect with college students.
The program offered advice as well as fun and prizes, and
students could personalize it by:
• Calling in their own question
• Sending in a photo for a chance to have a caricature
drawn on the show
Bullseye University didn’t simply break through the clutter
with a video of college students; it invited them to be part of
it.
On the Web
March 2014
13
Making shopping easier
Takeaway: Develop ways to personally engage
shoppers that simplify their lives by helping them
keep track of what they’ve bought, especially the
products that are really important to them.
Ideas?
Sephora has streamlined the way it connects personally with each of its
shoppers via the store’s app and website.
• They make it easy for customers to keep track of all their Sephora
purchases in one place, whether they were made in-store or online.
• They give customers an easy-to-use and fun place to personally
engage called My Beauty Bag.
• They reserve a special area for “products I love,” and make it easy
for customers to access the rich content of Sephora’s website.
• They automatically enroll customers in the store loyalty program
when they sign up for My Beauty Bag.
On the go
March 2014
14
When “At Your Service” is at your finger tips
Takeaway: The same customer will come to the
store with different needs depending on the
shopping occasion. Good customers can be made
even better customers by giving them exactly the
experience they’re looking for.
Ideas?
Neiman Marcus offers an “At Your Service” app that gives
customers an easy way to build the personalized experience
they want on their next visit to the store.
Via the app:
• A customer can book an appointment with their favorite
sales associate as well as ask questions and send them
messages.
• Customers can also call out their favorite products to be
automatically communicated to the sales associate, and the
app will alert the associate the moment they enter the
store so they can have immediate service.
On the go
March 2014
15
Augmenting the in-store experience with iPads
Takeaway: Food-shopping customers also enjoy the
discovery that can happen when they learn
something new. Imagine how you could surprise and
delight your customers with this experience.
Ideas?
Kate Spade, the apparel retailer, is personalizing the in-store
experience in its Saturday Stores by building on the insight
that sometimes “dwell time is more important than sell
time.”
They’re using IPads located throughout the store to give
shoppers expanded access to different products: What was
the design inspiration? How was it made? When and where
should it be worn? This can be helpful and fun. The tablet-
size screen also lets it be a shared social experience.
In-store
March 2014
16
Making in-store more “my own” experience
Takeaway: Some suppliers have plenty of good
reasons to increase their personal experience with
your customers. We’ve seen it in the Nutella section
at Eataly, where staff interacts with customers.
There’s plenty of room for partnerships with
suppliers that deliver high-value, personal shopping
experiences.
Ideas?
Media Markt, a German retailer, is leveraging ideas from
employees and partnerships with suppliers to transform the
shopping experience into one that helps neutralize the
advantage of online retailers by personalizing their experience
in the store.
Among the many ways they do this is by encouraging
customers to bring their own content to play or listen to on
the products displayed in the store, thus simulating the
experience of owning the item before it’s actually purchased.
In-store
March 2014
17
Brick Meets Click helps food retailers, suppliers and tech
providers work smarter in today’s omnichannel
environment.
We also host a commercial-free forum on our site about
the future of shopping and grocery retailing - Give us a
visit!
brickmeetsclick.com
Get regular updates by following us on:
Twitter, LinkedIn, Google+ or Facebook

Más contenido relacionado

La actualidad más candente

5 E COMMERCE STRATEGIES TO BOOST SALES
5 E COMMERCE STRATEGIES TO BOOST SALES5 E COMMERCE STRATEGIES TO BOOST SALES
5 E COMMERCE STRATEGIES TO BOOST SALESPaulina Rueda
 
Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute
Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute
Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute Harwindra Yoga
 
Top 12 Retail Marketing Campaigns
Top 12 Retail Marketing CampaignsTop 12 Retail Marketing Campaigns
Top 12 Retail Marketing CampaignsOfferpop
 
10 biggest marketing trends for 2021
10 biggest marketing trends for 202110 biggest marketing trends for 2021
10 biggest marketing trends for 2021kunzitegroup
 
The prevailing digital path to purchase - Triangle Marketing Club 19 Sept 2017
The prevailing digital path to purchase  - Triangle Marketing Club 19 Sept 2017The prevailing digital path to purchase  - Triangle Marketing Club 19 Sept 2017
The prevailing digital path to purchase - Triangle Marketing Club 19 Sept 2017John Andrews
 
5 Ways to Boost your Business with Promotional Marketing
5 Ways to Boost your Business with Promotional Marketing5 Ways to Boost your Business with Promotional Marketing
5 Ways to Boost your Business with Promotional MarketingInnerWorkings
 
Future of digital marketing in Tunisia: trends to follow in 2015
Future of digital marketing in Tunisia: trends to follow in 2015Future of digital marketing in Tunisia: trends to follow in 2015
Future of digital marketing in Tunisia: trends to follow in 2015Bahia Nar
 
Prevailing Path Overview - Brand Innovators - May 2017
Prevailing Path Overview - Brand Innovators - May 2017Prevailing Path Overview - Brand Innovators - May 2017
Prevailing Path Overview - Brand Innovators - May 2017John Andrews
 
Kantar Compete - the consumer path to purchase
Kantar Compete - the consumer path to purchaseKantar Compete - the consumer path to purchase
Kantar Compete - the consumer path to purchaseMediaCom Edinburgh
 
Module 3 Group 20 - Think like a brand
Module 3 Group 20 - Think like a brandModule 3 Group 20 - Think like a brand
Module 3 Group 20 - Think like a brandJustin Cunnew
 
Cliff animation-24 oct13
Cliff animation-24 oct13Cliff animation-24 oct13
Cliff animation-24 oct13Rayanq
 
Give Gifting App and Portal 4 Sale
Give Gifting App and Portal 4 SaleGive Gifting App and Portal 4 Sale
Give Gifting App and Portal 4 SaleIvan Daza
 
20 Tips to Improve Sales on your Ecommerce Site
20 Tips to Improve Sales on your Ecommerce Site20 Tips to Improve Sales on your Ecommerce Site
20 Tips to Improve Sales on your Ecommerce SiteJosh Levine
 
Gauss Digital Marketing Seminar- Beach Haven NJ
Gauss Digital Marketing Seminar- Beach Haven NJGauss Digital Marketing Seminar- Beach Haven NJ
Gauss Digital Marketing Seminar- Beach Haven NJStanley Gauss
 
whitepaper_beacon_fashion_retail
whitepaper_beacon_fashion_retailwhitepaper_beacon_fashion_retail
whitepaper_beacon_fashion_retailJeff Sheldon
 

La actualidad más candente (20)

5 E COMMERCE STRATEGIES TO BOOST SALES
5 E COMMERCE STRATEGIES TO BOOST SALES5 E COMMERCE STRATEGIES TO BOOST SALES
5 E COMMERCE STRATEGIES TO BOOST SALES
 
2014 marketing-trends
2014 marketing-trends2014 marketing-trends
2014 marketing-trends
 
Daily Hundred for Business
Daily Hundred for Business Daily Hundred for Business
Daily Hundred for Business
 
Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute
Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute
Campina Ice Cream Winning at E-commerce Presentation for Markplus Institute
 
Top 12 Retail Marketing Campaigns
Top 12 Retail Marketing CampaignsTop 12 Retail Marketing Campaigns
Top 12 Retail Marketing Campaigns
 
10 biggest marketing trends for 2021
10 biggest marketing trends for 202110 biggest marketing trends for 2021
10 biggest marketing trends for 2021
 
The prevailing digital path to purchase - Triangle Marketing Club 19 Sept 2017
The prevailing digital path to purchase  - Triangle Marketing Club 19 Sept 2017The prevailing digital path to purchase  - Triangle Marketing Club 19 Sept 2017
The prevailing digital path to purchase - Triangle Marketing Club 19 Sept 2017
 
5 Ways to Boost your Business with Promotional Marketing
5 Ways to Boost your Business with Promotional Marketing5 Ways to Boost your Business with Promotional Marketing
5 Ways to Boost your Business with Promotional Marketing
 
Future of digital marketing in Tunisia: trends to follow in 2015
Future of digital marketing in Tunisia: trends to follow in 2015Future of digital marketing in Tunisia: trends to follow in 2015
Future of digital marketing in Tunisia: trends to follow in 2015
 
Prevailing Path Overview - Brand Innovators - May 2017
Prevailing Path Overview - Brand Innovators - May 2017Prevailing Path Overview - Brand Innovators - May 2017
Prevailing Path Overview - Brand Innovators - May 2017
 
Kantar Compete - the consumer path to purchase
Kantar Compete - the consumer path to purchaseKantar Compete - the consumer path to purchase
Kantar Compete - the consumer path to purchase
 
Module 3 Group 20 - Think like a brand
Module 3 Group 20 - Think like a brandModule 3 Group 20 - Think like a brand
Module 3 Group 20 - Think like a brand
 
Cliff animation-24 oct13
Cliff animation-24 oct13Cliff animation-24 oct13
Cliff animation-24 oct13
 
Give Gifting App and Portal 4 Sale
Give Gifting App and Portal 4 SaleGive Gifting App and Portal 4 Sale
Give Gifting App and Portal 4 Sale
 
20 Tips to Improve Sales on your Ecommerce Site
20 Tips to Improve Sales on your Ecommerce Site20 Tips to Improve Sales on your Ecommerce Site
20 Tips to Improve Sales on your Ecommerce Site
 
qvcplansbook
qvcplansbookqvcplansbook
qvcplansbook
 
Gauss Digital Marketing Seminar- Beach Haven NJ
Gauss Digital Marketing Seminar- Beach Haven NJGauss Digital Marketing Seminar- Beach Haven NJ
Gauss Digital Marketing Seminar- Beach Haven NJ
 
whitepaper_beacon_fashion_retail
whitepaper_beacon_fashion_retailwhitepaper_beacon_fashion_retail
whitepaper_beacon_fashion_retail
 
Pray marketing plan
Pray marketing planPray marketing plan
Pray marketing plan
 
How in-store shoppers are using mobiles
How in-store shoppers are using mobilesHow in-store shoppers are using mobiles
How in-store shoppers are using mobiles
 

Similar a Making retail personalization more relevant

The Blended Customer Experience
The Blended Customer ExperienceThe Blended Customer Experience
The Blended Customer ExperienceEpsilon Marketing
 
0 sephora case study v2
0 sephora case study v20 sephora case study v2
0 sephora case study v2Kathy Jiang
 
The 40 best ways to personalize
The 40 best ways to personalizeThe 40 best ways to personalize
The 40 best ways to personalizeArnas Rackauskas
 
Beacon Marketing Guide for Retailers
Beacon Marketing Guide for RetailersBeacon Marketing Guide for Retailers
Beacon Marketing Guide for RetailersKris McGlone
 
Web to Store to Digital in Store
Web to Store to Digital in StoreWeb to Store to Digital in Store
Web to Store to Digital in StoreFrançois Gomez
 
Top 10 Tips on Engagement Marketing
Top 10 Tips on Engagement Marketing Top 10 Tips on Engagement Marketing
Top 10 Tips on Engagement Marketing UserEngage
 
Future of Retail and Consumer by Matt Holt, OgilvyOne
Future of Retail and Consumer by Matt Holt, OgilvyOneFuture of Retail and Consumer by Matt Holt, OgilvyOne
Future of Retail and Consumer by Matt Holt, OgilvyOneOgilvy Consulting
 
Rewir Trend Review #05
Rewir Trend Review #05Rewir Trend Review #05
Rewir Trend Review #05Rewir AB
 
Rewirtrendreview05 150415161417-conversion-gate02
Rewirtrendreview05 150415161417-conversion-gate02Rewirtrendreview05 150415161417-conversion-gate02
Rewirtrendreview05 150415161417-conversion-gate02David Lillewarg
 
Luxury customer journey: an overview of the new UHNW audience and how to use ...
Luxury customer journey: an overview of the new UHNW audience and how to use ...Luxury customer journey: an overview of the new UHNW audience and how to use ...
Luxury customer journey: an overview of the new UHNW audience and how to use ...Diana Sherling
 
How to Rock The Future of Retail – 2020
How to Rock The Future of Retail – 2020 How to Rock The Future of Retail – 2020
How to Rock The Future of Retail – 2020 Saket Toshniwal
 
Building_brands_How_can_I_help_you
Building_brands_How_can_I_help_youBuilding_brands_How_can_I_help_you
Building_brands_How_can_I_help_youMolly Aaker
 
Designing the Customer Experience
Designing the Customer ExperienceDesigning the Customer Experience
Designing the Customer ExperienceMary Aviles
 
Informe de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador onlineInforme de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador onlineMaría Bretón Gallego
 
Informes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail GlobalInformes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail GlobalPwC España
 
بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...
بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...
بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...Martech Academy
 
How to maximise instore gifting campaigns
How to maximise instore gifting campaignsHow to maximise instore gifting campaigns
How to maximise instore gifting campaignsiD Experiential
 
ContentMeetsCommerce
ContentMeetsCommerceContentMeetsCommerce
ContentMeetsCommerceScott Regan
 

Similar a Making retail personalization more relevant (20)

The Blended Customer Experience
The Blended Customer ExperienceThe Blended Customer Experience
The Blended Customer Experience
 
0 sephora case study v2
0 sephora case study v20 sephora case study v2
0 sephora case study v2
 
The 40 best ways to personalize
The 40 best ways to personalizeThe 40 best ways to personalize
The 40 best ways to personalize
 
Beacon Marketing Guide for Retailers
Beacon Marketing Guide for RetailersBeacon Marketing Guide for Retailers
Beacon Marketing Guide for Retailers
 
Web to Store to Digital in Store
Web to Store to Digital in StoreWeb to Store to Digital in Store
Web to Store to Digital in Store
 
Top 10 Tips on Engagement Marketing
Top 10 Tips on Engagement Marketing Top 10 Tips on Engagement Marketing
Top 10 Tips on Engagement Marketing
 
Future of Retail and Consumer by Matt Holt, OgilvyOne
Future of Retail and Consumer by Matt Holt, OgilvyOneFuture of Retail and Consumer by Matt Holt, OgilvyOne
Future of Retail and Consumer by Matt Holt, OgilvyOne
 
Rewir Trend Review #05
Rewir Trend Review #05Rewir Trend Review #05
Rewir Trend Review #05
 
Rewirtrendreview05 150415161417-conversion-gate02
Rewirtrendreview05 150415161417-conversion-gate02Rewirtrendreview05 150415161417-conversion-gate02
Rewirtrendreview05 150415161417-conversion-gate02
 
Luxury customer journey: an overview of the new UHNW audience and how to use ...
Luxury customer journey: an overview of the new UHNW audience and how to use ...Luxury customer journey: an overview of the new UHNW audience and how to use ...
Luxury customer journey: an overview of the new UHNW audience and how to use ...
 
How to Rock The Future of Retail – 2020
How to Rock The Future of Retail – 2020 How to Rock The Future of Retail – 2020
How to Rock The Future of Retail – 2020
 
Building_brands_How_can_I_help_you
Building_brands_How_can_I_help_youBuilding_brands_How_can_I_help_you
Building_brands_How_can_I_help_you
 
Designing the Customer Experience
Designing the Customer ExperienceDesigning the Customer Experience
Designing the Customer Experience
 
Fft 7 food purchase path
Fft 7 food purchase pathFft 7 food purchase path
Fft 7 food purchase path
 
Informe de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador onlineInforme de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador online
 
Informes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail GlobalInformes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail Global
 
بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...
بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...
بازاریابی چندکاناله یکپارچه ( Omnichannel Marketing) چه تفاوت‌هایی با بازاریا...
 
MRA Awards 2020
MRA Awards 2020MRA Awards 2020
MRA Awards 2020
 
How to maximise instore gifting campaigns
How to maximise instore gifting campaignsHow to maximise instore gifting campaigns
How to maximise instore gifting campaigns
 
ContentMeetsCommerce
ContentMeetsCommerceContentMeetsCommerce
ContentMeetsCommerce
 

Más de Bill Bishop

How to leverage digital influence & eCommerce to drive growth
How to leverage digital influence & eCommerce to drive growth  How to leverage digital influence & eCommerce to drive growth
How to leverage digital influence & eCommerce to drive growth Bill Bishop
 
Where suppliers can unlock growth opportunities
Where suppliers can unlock growth opportunitiesWhere suppliers can unlock growth opportunities
Where suppliers can unlock growth opportunitiesBill Bishop
 
The Supermarket Circular: Where it's headed and 3 things retailers need to do
The Supermarket Circular: Where it's headed and 3 things retailers need to do The Supermarket Circular: Where it's headed and 3 things retailers need to do
The Supermarket Circular: Where it's headed and 3 things retailers need to do Bill Bishop
 
Guidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into ContextGuidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into ContextBill Bishop
 
Why are digital & physical retail converging final
Why are digital & physical retail converging   finalWhy are digital & physical retail converging   final
Why are digital & physical retail converging finalBill Bishop
 
Clear Direction on Using Big Data to Solve Retail Problems
Clear Direction on Using Big Data to Solve Retail ProblemsClear Direction on Using Big Data to Solve Retail Problems
Clear Direction on Using Big Data to Solve Retail ProblemsBill Bishop
 
Using Digital Influence to Sell More Natural Products
Using Digital Influence to Sell More Natural Products Using Digital Influence to Sell More Natural Products
Using Digital Influence to Sell More Natural Products Bill Bishop
 
How to Leverage Digital Influence to Grow Same Store Sales
How to Leverage Digital Influence to Grow Same Store Sales How to Leverage Digital Influence to Grow Same Store Sales
How to Leverage Digital Influence to Grow Same Store Sales Bill Bishop
 
How the Game is Changing: Big Data in Retail
How the Game is Changing: Big Data in RetailHow the Game is Changing: Big Data in Retail
How the Game is Changing: Big Data in RetailBill Bishop
 
Moving Forward with Big Data: The Future of Retail Analytics
Moving Forward with Big Data: The Future of Retail AnalyticsMoving Forward with Big Data: The Future of Retail Analytics
Moving Forward with Big Data: The Future of Retail AnalyticsBill Bishop
 
Reaching your customers with digital communications
Reaching your customers with digital communicationsReaching your customers with digital communications
Reaching your customers with digital communicationsBill Bishop
 

Más de Bill Bishop (11)

How to leverage digital influence & eCommerce to drive growth
How to leverage digital influence & eCommerce to drive growth  How to leverage digital influence & eCommerce to drive growth
How to leverage digital influence & eCommerce to drive growth
 
Where suppliers can unlock growth opportunities
Where suppliers can unlock growth opportunitiesWhere suppliers can unlock growth opportunities
Where suppliers can unlock growth opportunities
 
The Supermarket Circular: Where it's headed and 3 things retailers need to do
The Supermarket Circular: Where it's headed and 3 things retailers need to do The Supermarket Circular: Where it's headed and 3 things retailers need to do
The Supermarket Circular: Where it's headed and 3 things retailers need to do
 
Guidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into ContextGuidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into Context
 
Why are digital & physical retail converging final
Why are digital & physical retail converging   finalWhy are digital & physical retail converging   final
Why are digital & physical retail converging final
 
Clear Direction on Using Big Data to Solve Retail Problems
Clear Direction on Using Big Data to Solve Retail ProblemsClear Direction on Using Big Data to Solve Retail Problems
Clear Direction on Using Big Data to Solve Retail Problems
 
Using Digital Influence to Sell More Natural Products
Using Digital Influence to Sell More Natural Products Using Digital Influence to Sell More Natural Products
Using Digital Influence to Sell More Natural Products
 
How to Leverage Digital Influence to Grow Same Store Sales
How to Leverage Digital Influence to Grow Same Store Sales How to Leverage Digital Influence to Grow Same Store Sales
How to Leverage Digital Influence to Grow Same Store Sales
 
How the Game is Changing: Big Data in Retail
How the Game is Changing: Big Data in RetailHow the Game is Changing: Big Data in Retail
How the Game is Changing: Big Data in Retail
 
Moving Forward with Big Data: The Future of Retail Analytics
Moving Forward with Big Data: The Future of Retail AnalyticsMoving Forward with Big Data: The Future of Retail Analytics
Moving Forward with Big Data: The Future of Retail Analytics
 
Reaching your customers with digital communications
Reaching your customers with digital communicationsReaching your customers with digital communications
Reaching your customers with digital communications
 

Último

Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfOnline Income Engine
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...Suhani Kapoor
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 

Último (20)

Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdf
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 

Making retail personalization more relevant

  • 1. Making Retail Personalization More Relevant Based on the Brick Meets Click presentation given at the Annual Food Industry Summit Saint Joseph’s University, March 13, 2014 By Bill Bishop Chief Architect, Brick Meets Click Follow us Twitter, Facebook or LinkedIn www.brickmeetsclick.com Brick Meets Click delivers the strategic insight and guidance that retailers, suppliers, & technology providers need to drive growth by meeting shopper needs in an omnichannel environment .
  • 2. March 2014 2 Many leading food retailers have made progress in personalizing offers – in particular, their circulars. This is key to making it easier for customers to find the items they want from among the 30,000 to 40,000 on store shelves. But the real question is: Does personalizing the offer go far enough to win the “hearts and minds” of shoppers? A report on Omnichannel Personalization by The CMO Club* indicates that the answer may be NO and shows how retail marketers are moving beyond just personalization of offers to personalizing the shopping experience and building the basis for future purchases. We want to build on the conversation started by The CMO Club’s paper and explore examples that will help food retailers move beyond the limits of personalized offers and toward engaging more fully with their customers via omnichannel personalization. * The reports lead author is Nadine Dietz, SVP of Global Consultancy 5one; request a copy Why personalization?
  • 3. March 2014 3 What’s the problem? Shoppers are not reacting the way they used to to marketing and promotions. Takeaway: Your offering has to change. More Information Greater Choice Increased Market Power
  • 4. March 2014 4 Why translate omnichannel personalization into today’s food retail? Aligning the offer with your shopper’s perspective Winning the trip Interaction makes customer segmentation more dynamic Retention is more profitable/efficient than acquisition
  • 5. March 2014 5  Accessing more new information sources  Communicating more frequently online Takeaway: These shoppers expect more options. Omnichannel describes the empowered shopper who is:
  • 6. March 2014 6  It shows you understand who they are.  It sorts through all the choices to make it easier for them to find what they want. Takeaway: Personalization will soon be REQUIRED to satisfy the empowered shopper. Personalization is one way to appeal more effectively to the empowered shopper
  • 7. March 2014 7 The core principles of omnichannel personalization Takeaway: Emphasize these principles as you navigate the changing marketplace and embrace the digital path to purchase. Expanding engagement Creating experience Increasing retention
  • 8. March 2014 8 Adjusting to the Digital Path to Purchase One of the ideas highlighted in the CMO Club report is the shift from the traditional concept of path-to-purchase to the notion of a customer journey on which all the new digital touchpoints can play an active role. We see opportunities to translate this idea to food retailing. The shopper In home On the go In- store On the web GETTING STARTED Here are eight examples from outside of the food industry that fit into a customer’s digital path to purchase/journey. These will help you visualize what is possible. At the end of each example is specific guidance in the form of a takeaway, plus a call-out for ideas about translating the key idea to your business.
  • 9. March 2014 9 In home Following the customer’s lead IKEA personalizes communications by analyzing the way customers communicate inside the store’s loyalty program, IKEA Family. They look at how each customer engages with them via email, mobile, social and the store website, and then IKEA develops “purchase triggers” to deliver communications in a way that shoppers have shown they want to get them. In this way, IKEA personalizes communications to fit each individual customer’s digital preferences. Their engagement is particularly effective as they connect customers with what’s available in the store. IKEA believes “our store…is our richest source of content.” Takeaway: Find ways to personalize communications that match your shoppers digital activities. This shows you know them so well you can anticipate their preferences. Ideas? Expanding engagement Creating experience Increasing retention
  • 10. March 2014 10 Reserving items anywhere/anytime Takeaway: Identify options for customers to blend online shopping with the convenience of store pick- up, and give them the confidence that what they want will be there when they want it. This encourages a trip to the store. Ideas? The Gap opens up more personal choice for its customers through a “Reserve In-store” program that was tested in 2013. The service was so well received that it’s now rolling out across the country. Online, customers can reserve an item at a nearby store anytime of day or night. The store sends them a text reminder when the item(s) have been set aside for them, and customers then complete the purchase at the store when it’s convenient for their personal schedule. In home
  • 11. March 2014 11 Creating value from "moments" Takeaway: Look for opportunities to increase the personal value of rewards by delivering them immediately following the desired action by your customer. This connects your business with the satisfaction and emotion of being rewarded. In the words of Brian Wong, “Respect the customer.” Ideas? Brian Wong, Founder of Kiip (pronounced “keep”), uses rewards to create a wow experience with apps. It’s a way to connect the virtual and the physical worlds by bringing alive the moment with an immediate reward. In a task management app sponsored by manufacturers called any.do rewards, customers are given a reward each time they cross a task off their to-do list, thus providing immediate gratification. On the Web
  • 12. March 2014 12 Experiencing life with your shopper Takeaway: Retailers can tap into the popularity of reality shows by providing individual customers with ways to become part of events themed around holidays and other occasions like back-to- school. Ideas? Target’s Bullseye University streamed a live, 24-hour reality- TV-like dorm event to connect with college students. The program offered advice as well as fun and prizes, and students could personalize it by: • Calling in their own question • Sending in a photo for a chance to have a caricature drawn on the show Bullseye University didn’t simply break through the clutter with a video of college students; it invited them to be part of it. On the Web
  • 13. March 2014 13 Making shopping easier Takeaway: Develop ways to personally engage shoppers that simplify their lives by helping them keep track of what they’ve bought, especially the products that are really important to them. Ideas? Sephora has streamlined the way it connects personally with each of its shoppers via the store’s app and website. • They make it easy for customers to keep track of all their Sephora purchases in one place, whether they were made in-store or online. • They give customers an easy-to-use and fun place to personally engage called My Beauty Bag. • They reserve a special area for “products I love,” and make it easy for customers to access the rich content of Sephora’s website. • They automatically enroll customers in the store loyalty program when they sign up for My Beauty Bag. On the go
  • 14. March 2014 14 When “At Your Service” is at your finger tips Takeaway: The same customer will come to the store with different needs depending on the shopping occasion. Good customers can be made even better customers by giving them exactly the experience they’re looking for. Ideas? Neiman Marcus offers an “At Your Service” app that gives customers an easy way to build the personalized experience they want on their next visit to the store. Via the app: • A customer can book an appointment with their favorite sales associate as well as ask questions and send them messages. • Customers can also call out their favorite products to be automatically communicated to the sales associate, and the app will alert the associate the moment they enter the store so they can have immediate service. On the go
  • 15. March 2014 15 Augmenting the in-store experience with iPads Takeaway: Food-shopping customers also enjoy the discovery that can happen when they learn something new. Imagine how you could surprise and delight your customers with this experience. Ideas? Kate Spade, the apparel retailer, is personalizing the in-store experience in its Saturday Stores by building on the insight that sometimes “dwell time is more important than sell time.” They’re using IPads located throughout the store to give shoppers expanded access to different products: What was the design inspiration? How was it made? When and where should it be worn? This can be helpful and fun. The tablet- size screen also lets it be a shared social experience. In-store
  • 16. March 2014 16 Making in-store more “my own” experience Takeaway: Some suppliers have plenty of good reasons to increase their personal experience with your customers. We’ve seen it in the Nutella section at Eataly, where staff interacts with customers. There’s plenty of room for partnerships with suppliers that deliver high-value, personal shopping experiences. Ideas? Media Markt, a German retailer, is leveraging ideas from employees and partnerships with suppliers to transform the shopping experience into one that helps neutralize the advantage of online retailers by personalizing their experience in the store. Among the many ways they do this is by encouraging customers to bring their own content to play or listen to on the products displayed in the store, thus simulating the experience of owning the item before it’s actually purchased. In-store
  • 17. March 2014 17 Brick Meets Click helps food retailers, suppliers and tech providers work smarter in today’s omnichannel environment. We also host a commercial-free forum on our site about the future of shopping and grocery retailing - Give us a visit! brickmeetsclick.com Get regular updates by following us on: Twitter, LinkedIn, Google+ or Facebook