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Chapter 3 Multichannel Retailing McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
The Multi-Channel Retailer ,[object Object],3- Retailer Digital Vision / Getty Images Steve Cole/Getty Images The McGraw-Hill Companies, Inc./Andrew Resek, photographer
3- More Reasons for Becoming  a Multi-Channel Retailer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Dollars spent at different channels: Average annual dollars spent by J.C. Penny ’ s customers 3-
Benefits Provided by  Different Channels 3-
Unique Benefits Provided by  Store Channel ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3- Royalty-Free/CORBIS (c) Brand X Pictures/PunchStock
Benefits Provided by  Catalog Channel ,[object Object],[object Object],[object Object],3- Hoby Finn/Getty Images
[object Object],[object Object],[object Object],[object Object],[object Object],3- What ’s the Big Deal About  Shopping on the Internet ?
[object Object],3- What ’s the Big Deal About  Shopping on the Internet ?
Virtual Communities 3- People who seek information, products and services communicate with each other regarding specific issues Social shoppers : seek not just information but also an enhanced emotional connection to others participants in the shopping experience Royalty-Free/CORBIS
Virtual Communities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3-
What People Buy Over the Internet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3-
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3- What Merchandise Will Be Sold Successfully  Through Electronic Channel?
[object Object],[object Object],3- The McGraw-Hill Companies, Inc./Jill Braaten, photographer How Can the Electronic Channel Overcome Limitations?
How Can the Electronic Channel Overcome Limitations? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3- Technology increases  conversion rates
My Virtual Model: Try It On ,[object Object],3-
How Can the Electronic Channel  Overcome Limitations? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3- Janis Christie/Getty Images The Electronic Channel Provides Superior Benefits for
How Can the Electronic Channel  Overcome Limitations? ,[object Object],[object Object],[object Object],3-
Evolution Toward  Multichannel Retailing ,[object Object],[object Object],[object Object],[object Object],[object Object],3-
Recreation Equipment Inc. (REI) –  A Leader in Multichannel Retailing 3-
Capabilities for Multi-Channel Retailing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3-
Capabilities for  Multi-Channel Retailing 3-
Catalog Retailers can  Add Electronic Channel Easily ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3- Steve Cole/Getty Images
Why are store-based retailers evolving  into multi-channel retailers? ,[object Object],[object Object],[object Object],[object Object],3-
Impact of Internet Shopping  on Store Sales 3-
Ecommerce Myths ,[object Object],[object Object],[object Object],[object Object],3-
Which Channel Is the  Most Profitable? Cost Drivers in Stores and Electronic Retailers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3- Stores Electronic Retailers Few e-tailers are profitable
Will Manufacturers Bypass Retailers  and Sell Directly to Consumers? ,[object Object],[object Object],[object Object],[object Object],3- Widespread Disintermediation Unlikely
Issues in Multi-Channel Retailing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3-
3- Customer Web & Email •  24x7 •  Visual Call Center •  Convenient •  Immediate Kiosks •  Visual •  Convenient Handheld Devices •  Immediate •  24x7 Brick & Mortar •  Touch/Feel •  Experience driven Consumers buy what they want, when they want, wherever they want
Channels Offer  Complementary Benefits 3- Stores Internet Catalog ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Multichannel Shopping 3-
Illustration of  Multi-Channel Integration 3- Source:  Progressive Grocer , 01 Feb 00;  Grocery Headquarters , 01 Feb 00. ,[object Object],[object Object],[object Object],[object Object]
Opportunities to  Enhance Multi-Channel Experience ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3-
Integration – Key to  Multi-Channel Retailing 3-

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Chap003

  • 1. Chapter 3 Multichannel Retailing McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
  • 2.
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  • 4. Dollars spent at different channels: Average annual dollars spent by J.C. Penny ’ s customers 3-
  • 5. Benefits Provided by Different Channels 3-
  • 6.
  • 7.
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  • 10. Virtual Communities 3- People who seek information, products and services communicate with each other regarding specific issues Social shoppers : seek not just information but also an enhanced emotional connection to others participants in the shopping experience Royalty-Free/CORBIS
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  • 16.
  • 17.
  • 18.
  • 19.
  • 20. Recreation Equipment Inc. (REI) – A Leader in Multichannel Retailing 3-
  • 21.
  • 22. Capabilities for Multi-Channel Retailing 3-
  • 23.
  • 24.
  • 25. Impact of Internet Shopping on Store Sales 3-
  • 26.
  • 27.
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  • 29.
  • 30. 3- Customer Web & Email • 24x7 • Visual Call Center • Convenient • Immediate Kiosks • Visual • Convenient Handheld Devices • Immediate • 24x7 Brick & Mortar • Touch/Feel • Experience driven Consumers buy what they want, when they want, wherever they want
  • 31.
  • 33.
  • 34.
  • 35. Integration – Key to Multi-Channel Retailing 3-

Notas del editor

  1. First, there are major changes in customer buying behavior. I may want to buy a product at 10pm, through my Web browser, or you may want to buy through a call center, or you may want to buy by visiting with a field sales professional or local reseller. I also may want to work across multiple channels, to start my purchase over the Web, then later contact the call center, and finally close the deal with a field sales representatives in my office.