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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
What Does
“Experience”
Really Mean in
Consumer Electronics?
Dan Seymour, Director, NA Shopper Marketing, Dell Inc.
John Kalvin, Consumer Channel Marketing Manager, NA Consumer Sales & Marketing, Intel Corp.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Experience.
Is it a Viable
Strategy?
EXPERIENCE
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Consumer
Electronics
are Confusing.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
In Retail,
there is
Always an
Experience.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Online.
At home.
In store.
On-the-go.
We
Study
Shoppers.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
*Need image that expresses High-Level Message. Data will be
articulated in speaking points.
Shopper
Attention:
Short Supply.
High Demand.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
*Need image that expresses High-Level Message. Data will be
articulated in speaking points.
4.7
Seconds
4.7
Seconds
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
45%
20%
10%
10%
5%
10%
Fact Tag
Demo
Callouts
Display Stand
Category Signs
All Others
Six Primary Assets
Share Shopper Attention
Source: IMR
6Imperatives
for Building
Experience
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
6 Imperatives for Building Experience
1.Connect Online & In-store Shopping Experiences
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
6 Imperatives for Building Experience
1.Connect Online & In-store Shopping Experiences
2.Organize & Identify the Products
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
6 Imperatives for Building Experience
1.Connect Online & In-store Shopping Experiences
2.Organize & Identify the Products
3.Prioritize the Shopper Information at 2’ Experience
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
6 Imperatives for Building Experience
1.Connect Online & In-store Shopping Experiences
2.Organize & Identify the Products
3.Prioritize the Shopper Information at 2’ Experience
4.Highlight What’s New & Different
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
6 Imperatives for Building Experience
1.Connect Online & In-store Shopping Experiences
2.Organize & Identify the Products
3.Prioritize the Shopper Information at 2’ Experience
4.Highlight What’s New & Different
5.Provide Expert Advice
+
PATH TO PURCHASE INSTITUTE |
SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
6 Imperatives for Building Experience
1.Connect Online & In-store Shopping Experiences
2.Organize & Identify the Products
3.Prioritize the Shopper Information at 2’ Experience
4.Highlight What’s New & Different
5.Provide Expert Advice
6.Enable the Shopper to Experience the Product
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
50%
Want more
hands-on
Experience
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Whatever
the product,
Shoppers
are buying
Experience.
Retail Stores
Need to be
the Home of
Experience.
Again.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Measuring
the Win
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Optimizing
“Experience”
for Consumer
Electronics Shoppers
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Renewed Shopper Focus
Builds New Relationships
“Had much
to learn”55%
Experience
was lacking40%
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Dell Shopper Marketing Retail Evolution
– from Trade to Shopper Marketing
Intro to Dell SM - Dan’s vision –
Intro to Dell SM capabilites
What was the catalyst?
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
New
Relationships
Create
New Roles
We are
the Shoppers’
Advocate.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Optimizing
Experience
LAPTOP
Toothpaste
DESKTOP
49
40
22
OPEN TO
BRAND AT
BEGINNING:
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Optimizing
Experience
RESEARCH
BEFORE
PURCHASE:
76
82
16
LAPTOP
Toothpaste
DESKTOP
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Visit
Website84% Visit
Store80%
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
67%84%
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
53%47%
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
.com
53%48%
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Shoppers
Define
Experience.
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
We Measured 120 Needs
Comprising Shoppers’ Experience
in Consumer Electronics
Fielded:
Sample size:
Respondent
criteria:
Visit distribution:
2014
n=1,000
Past month purchasers of key Dell categories
Next three month intenders of key Dell categories
47%
Store
43%
E-com
10%
Info Site
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Purchase
Awareness &
Inspiration
Education &
Empowerment
Favorable
Process &
Policies
Convenient
Shortcuts
Details &
Validation
Intuitive
Organization
& Navigation
2 Types of Shopper Needs
Aspects of Retailer performance
& requirements to increase trips
& improve conversion.
Core Needs
Trip Needs
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Core Needs
• Present on every trip, regardless
of the shopper’s purpose.
• Under-delivery of a core need
is a barrier to trial and repeat.
Intuitive
Organization
& Navigation
Awareness &
Inspiration
Education &
Empowerment
Favorable
Process &
Policies
Convenient
Shortcuts
Details &
Validation
Purchase
“Cost of Entry”
to be in consideration
set for purchase
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Education &
Empowerment
Awareness &
Inspiration
Favorable
Process &
Policies
Convenient
Shortcuts
Details &
Validation
Intuitive
Organization
& Navigation
PurchaseTrip Needs
• Stores & websites compete
to address & guide shoppers
• Distinct to different
trips & shoppers
The basis for
differentiation &
Optimizing Experience
In Consumer Electronics
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
+
Store-in-Store
Program
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Shopper Loyalty
Reputation as Authority
Compelling Assortment
Intelligent, Experienced Associates
+
Why Micro Center?
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
Awareness
& Inspiration
Education &
Empowerment
Favorable
Process
& Policies
Convenient
Shortcuts
Details &
Validation
Intuitive
Organization &
Navigation
Purchase
20%
of all trips
• Immersive Experience
• Latest CE products in stock
• Ensure this device is
right for me
• Knowledgeable &
helpful associates
• Experience devices as in real life
Trip Needs Segment
Opportunity:
Awareness & Inspiration
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Dell - Restricted - Confidential
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Experience
Contributes to
Excitement of
Getting New Device
Only
17%
v. Avg.
20%
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Offer a
Completely
Immersive
Experience
15%
v. Avg.
15%
+
PATH TO PURCHASE INSTITUTE |
SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Carries the
latest Devices
47%
v. Avg.
39%
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Devices
displayed
In an attractive
manner
30%
v. Avg.
30%
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Knowledgeable
about
Devices
30%
v. Avg.
22%
+
PATH TO PURCHASE INSTITUTE |
SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
Experience
the Devices
as they would
in Real World
23%
v. Avg.
18%
OPTIMIZE EXPERIENCE
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
THE VIABLE STRATEGY FOR RETAIL’S FUTURE
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
OPTIMIZE EXPERIENCE
THE VIABLE STRATEGY FOR RETAIL’S FUTURE
A SPECTRUM FOR DIFFERENTIATION
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
OPTIMIZE EXPERIENCE
THE VIABLE STRATEGY FOR RETAIL’S FUTURE
A SPECTRUM FOR DIFFERENTIATION
FOCUS ON SHOPPER NEEDS: CORE & TRIP NEEDS
Thank you.
+
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SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS

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Return to the local
Return to the localReturn to the local
Return to the local
 

Experience Strategy in Consumer Electronics Retail

  • 1. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS What Does “Experience” Really Mean in Consumer Electronics? Dan Seymour, Director, NA Shopper Marketing, Dell Inc. John Kalvin, Consumer Channel Marketing Manager, NA Consumer Sales & Marketing, Intel Corp.
  • 2. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Experience. Is it a Viable Strategy?
  • 3. EXPERIENCE + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 4. Consumer Electronics are Confusing. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 5. In Retail, there is Always an Experience. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 6. Online. At home. In store. On-the-go. We Study Shoppers. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 7. *Need image that expresses High-Level Message. Data will be articulated in speaking points. Shopper Attention: Short Supply. High Demand. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 8. *Need image that expresses High-Level Message. Data will be articulated in speaking points. 4.7 Seconds 4.7 Seconds + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS 45% 20% 10% 10% 5% 10% Fact Tag Demo Callouts Display Stand Category Signs All Others Six Primary Assets Share Shopper Attention Source: IMR
  • 9. 6Imperatives for Building Experience + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 10. 6 Imperatives for Building Experience 1.Connect Online & In-store Shopping Experiences + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 11. 6 Imperatives for Building Experience 1.Connect Online & In-store Shopping Experiences 2.Organize & Identify the Products + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 12. 6 Imperatives for Building Experience 1.Connect Online & In-store Shopping Experiences 2.Organize & Identify the Products 3.Prioritize the Shopper Information at 2’ Experience + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 13. 6 Imperatives for Building Experience 1.Connect Online & In-store Shopping Experiences 2.Organize & Identify the Products 3.Prioritize the Shopper Information at 2’ Experience 4.Highlight What’s New & Different + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 14. 6 Imperatives for Building Experience 1.Connect Online & In-store Shopping Experiences 2.Organize & Identify the Products 3.Prioritize the Shopper Information at 2’ Experience 4.Highlight What’s New & Different 5.Provide Expert Advice + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 15. 6 Imperatives for Building Experience 1.Connect Online & In-store Shopping Experiences 2.Organize & Identify the Products 3.Prioritize the Shopper Information at 2’ Experience 4.Highlight What’s New & Different 5.Provide Expert Advice 6.Enable the Shopper to Experience the Product + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 16. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS 50% Want more hands-on Experience
  • 17. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Whatever the product, Shoppers are buying Experience.
  • 18. Retail Stores Need to be the Home of Experience. Again. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 19. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 20. Measuring the Win + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 21. Optimizing “Experience” for Consumer Electronics Shoppers + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 22. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Renewed Shopper Focus Builds New Relationships “Had much to learn”55% Experience was lacking40%
  • 23. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Dell Shopper Marketing Retail Evolution – from Trade to Shopper Marketing Intro to Dell SM - Dan’s vision – Intro to Dell SM capabilites What was the catalyst? + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS New Relationships Create New Roles We are the Shoppers’ Advocate.
  • 24. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Optimizing Experience LAPTOP Toothpaste DESKTOP 49 40 22 OPEN TO BRAND AT BEGINNING:
  • 25. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Optimizing Experience RESEARCH BEFORE PURCHASE: 76 82 16 LAPTOP Toothpaste DESKTOP
  • 26. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Visit Website84% Visit Store80%
  • 27. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS 67%84%
  • 28. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS 53%47%
  • 29. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS .com 53%48%
  • 30. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Shoppers Define Experience. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS
  • 31. We Measured 120 Needs Comprising Shoppers’ Experience in Consumer Electronics Fielded: Sample size: Respondent criteria: Visit distribution: 2014 n=1,000 Past month purchasers of key Dell categories Next three month intenders of key Dell categories 47% Store 43% E-com 10% Info Site
  • 32. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Purchase Awareness & Inspiration Education & Empowerment Favorable Process & Policies Convenient Shortcuts Details & Validation Intuitive Organization & Navigation 2 Types of Shopper Needs Aspects of Retailer performance & requirements to increase trips & improve conversion. Core Needs Trip Needs
  • 33. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Core Needs • Present on every trip, regardless of the shopper’s purpose. • Under-delivery of a core need is a barrier to trial and repeat. Intuitive Organization & Navigation Awareness & Inspiration Education & Empowerment Favorable Process & Policies Convenient Shortcuts Details & Validation Purchase “Cost of Entry” to be in consideration set for purchase
  • 34. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Education & Empowerment Awareness & Inspiration Favorable Process & Policies Convenient Shortcuts Details & Validation Intuitive Organization & Navigation PurchaseTrip Needs • Stores & websites compete to address & guide shoppers • Distinct to different trips & shoppers The basis for differentiation & Optimizing Experience In Consumer Electronics
  • 35. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential + Store-in-Store Program
  • 36. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Shopper Loyalty Reputation as Authority Compelling Assortment Intelligent, Experienced Associates + Why Micro Center?
  • 37. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential Awareness & Inspiration Education & Empowerment Favorable Process & Policies Convenient Shortcuts Details & Validation Intuitive Organization & Navigation Purchase 20% of all trips • Immersive Experience • Latest CE products in stock • Ensure this device is right for me • Knowledgeable & helpful associates • Experience devices as in real life Trip Needs Segment Opportunity: Awareness & Inspiration
  • 38. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Dell - Restricted - Confidential + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Experience Contributes to Excitement of Getting New Device Only 17% v. Avg. 20%
  • 39. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Offer a Completely Immersive Experience 15% v. Avg. 15%
  • 40. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Carries the latest Devices 47% v. Avg. 39%
  • 41. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Devices displayed In an attractive manner 30% v. Avg. 30%
  • 42. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Knowledgeable about Devices 30% v. Avg. 22%
  • 43. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS Experience the Devices as they would in Real World 23% v. Avg. 18%
  • 44. OPTIMIZE EXPERIENCE + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS THE VIABLE STRATEGY FOR RETAIL’S FUTURE
  • 45. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS OPTIMIZE EXPERIENCE THE VIABLE STRATEGY FOR RETAIL’S FUTURE A SPECTRUM FOR DIFFERENTIATION
  • 46. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS OPTIMIZE EXPERIENCE THE VIABLE STRATEGY FOR RETAIL’S FUTURE A SPECTRUM FOR DIFFERENTIATION FOCUS ON SHOPPER NEEDS: CORE & TRIP NEEDS
  • 47. Thank you. + PATH TO PURCHASE INSTITUTE | SHOPPER EXPERIENCE IN CONSUMER ELECTRONICS