The E-commerce Revolution: How the Industry is Evolving and What the Future Holds
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The Tipping Point for the shift from physical to digital retail is occurring due to significant advantages e-commerce has over brick-and-mortar retail. But which e-commerce model will win in the long run? Ebay /Alibaba / Rakuten type marketplaces or a more controlled retail platform like Amazon, which also has a marketplace? Will the emerging “asset light” models, such as Instacart, PostMates, eBay Now, Uber(?), and Google Shopping Express, enable physical retailers to team up and provide instant gratification to beat the e-commerce giants? Let’s discuss the evolution and future of e-commerce – exciting times! Stay up to date on Asia's tech scene: Read the latest news: http://e27.co Sign up for our Weekly Digest that curates the Top news in Asia: http://bit.ly/subscribe-to-e27
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The E-commerce Revolution: How the Industry is Evolving and What the Future Holds
- 1. How the Industry is Evolving and What the Future Holds The E-commerce Revolution Roger Egan, Co-founder & CEO of RedMart
- 2. Tangible Products Digital Products & Services
- 4. “We’re in the midst of a profound structural shift from physical to digital retail.” - Jeff Jordan The Tipping Point
- 5. Tipping Point: Profound Shift from Physical to Online Retail Due to Many Advantages of E-commerce US Census Bureau
- 6. What matters to the customers? Price Product Range Experience
- 7. E-commerce Brick & Mortar Advantages of E-com and how they relate to Price, Range, Experience Experience VS Product Range VS Price VS
- 8. Stores require a minimum footfall to cover their fixed overhead! 1! As more people shop online, it creates a Vicious Cycle
- 9. Stores require a minimum footfall to cover their fixed overhead! As traffic is diverted from store to online (RedMart or competitors), the store becomes more and more expensive to operate 1! 2! As more people shop online, it creates a Vicious Cycle
- 10. Stores require a minimum footfall to cover their fixed overhead! As traffic is diverted from store to online (RedMart or competitors), the store becomes more and more expensive to operate The store’s offering and service becomes weaker and less efficient 1! 2! 3! As more people shop online, it creates a Vicious Cycle
- 11. Stores require a minimum footfall to cover their fixed overhead! As traffic is diverted from store to online (RedMart or competitors), the store becomes more and more expensive to operate The store’s offering and service becomes weaker and less efficient Causing more people to move online Vicious Cycle! 1! 2! 4! 3! As more people shop online, it creates a Vicious Cycle
- 12. SE ASIA ~$330 B Market but <1% online
- 13. Trend evident in VC Investment in E-commerce in SE Asia Southeast Asia startup investments 2013, Tech In Asia
- 14. E-commerce Brick-and-mortar More people shopping online = less people shopping in stores
- 15. How the landscape is evolving
- 16. Platforms / Business Models and Trends Platform Players B2C Traditional Marketplace "Asset Light", Instant Delivery Marketplace Subscription C2C
- 17. Platforms / Business Models and Trends Platform Players B2C Traditional Marketplace "Asset Light", Instant Delivery Marketplace Subscription C2C
- 18. Platforms / Business Models and Trends Platform Players B2C Traditional Marketplace "Asset Light", Instant Delivery Marketplace Subscription C2C
- 19. Platforms / Business Models and Trends Platform Players B2C Traditional Marketplace "Asset Light", Instant Delivery Marketplace Subscription C2C
- 20. Platforms / Business Models and Trends Platform Players B2C Traditional Marketplace "Asset Light", Instant Delivery Marketplace Subscription C2C
- 21. Platforms / Business Models and Trends Platform Players Private Label and Value Added Services Daily Deal / Flash Deals Price Comparison and Social Shopping Fulfillment / Delivery E-commerce Software Platforms +
- 22. Platforms / Business Models and Trends Platform Players Private Label and Value Added Services Daily Deal / Flash Deals Price Comparison and Social Shopping Fulfillment / Delivery E-commerce Software Platforms +
- 23. Platforms / Business Models and Trends Platform Players Private Label and Value Added Services Daily Deal / Flash Deals Price Comparison and Social Shopping Fulfillment / Delivery E-commerce Software Platforms +
- 24. Platforms / Business Models and Trends Platform Players Private Label and Value Added Services Daily Deal / Flash Deals Price Comparison and Social Shopping Fulfillment / Delivery E-commerce Software Platforms +
- 25. Platforms / Business Models and Trends Platform Players Private Label and Value Added Services Daily Deal / Flash Deals Price Comparison and Social Shopping Fulfillment / Delivery E-commerce Software Platforms +
- 26. Platforms / Business Models and Trends Platform Website / Mobile Back End Merchandising Marketing Fulfillment Delivery Payment B2C Traditional Marketplace "Asset Light", Instant Delivery Marketplace C2C Private Label and Value Added Services Daily Deal / Flash Deals Price Comparison/ Social Shopping Fulfillment Some E-commerce Software Platforms
- 27. “The Everything Store” VS Fight head on VS Team up and provide instant gratification + E-Commerce Trends VS Sell your own products or provide value added service & convenience
- 28. Lines blurring between Retailer and Manufacturer
- 29. + Lines blurring between Logistics and E-commerce Companies
- 30. What the future may look like
- 31. ! !! ! ! Business models, industries, companies, and services will converge into a controlled ecosystem. The Great E-commerce Convergence
- 32. ! ! ! B2C B2C and Marketplace Converge ! • Purchasing power • Bigger Selection • Faster, Less Capital Intensive Growth • Acquisitions - buys over ! ! ! Marketplace
- 33. Delivery Those that control entire supply chain and logistics win FulfillmentManufacturing
- 34. Tech companies and E-commerce Companies Converge Technology Companies E-commerce Companies
- 35. Tech companies and E-commerce Companies Converge Technology Companies E-commerce Companies
- 36. Tech companies and E-commerce Companies Converge Technology Companies E-commerce Companies
- 37. Tech companies and E-commerce Companies Converge Technology Companies E-commerce Companies
- 38. Tech companies and E-commerce Companies Converge Technology Companies E-commerce Companies
- 39. Content, Community and Commerce converge Internet Trends 2014, Mary Meeker
- 40. Content, Community and Commerce converge Internet Trends 2014, Mary Meeker
- 41. Best Tech wins
- 42. Best, most seamless Ecosystems Win + + + + + + + + + + + + iOS + ? + +
- 44. Convenience and Instant Gratification Key Drone Delivery? 3D Printing?
- 45. Traditional Brick-and-Mortar must innovate or die Innovate... or die.
- 46. Possible Implications Opportunity to disrupt Retail Commercial Real Estate ? What happens to Instant Gratification Models?
- 47. What will people do with their time?