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A"tude towards change
Two truths, one mantra
‘Without passion,
we are just unfulfilled
poten9al’
‘The relentless pursuit of
excellence’
4. 5 Key Themes Today
1. Technology @ Retail
2. Challenging the store network
3. Organisa:onal change
4. Intersec:on of content & commerce
5. Customer loyalty (community)
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Three Key Ques+ons
That should drive technology @ retail
1. What is the unmet need of
the consumer?
2. How can technology
meaningfully solve this
unmet need or enhance the
experience for a consumer?
3. Is the experience
contextually relevant?
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Large mirrored panel at the front
of the store, where customers
can;
§ Browse the latest looks
§ Shows ‘what to wear it with’
§ Select items to be brought to
change room
Does this meaningfully enhance
the consumers experience?
Is it contextually relevant?
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Beacons automa,cally iden,fy
product placed in change room
§ Shows ‘what to wear it with’
§ Select alternate size to be
brought to change room
§ Change ligh,ng to reflect
different se@ngs (night, day,
club)
§ Order beverages
§ Complete checkout; or
§ Add items to your app
automa,cally so you can
purchase later
15. Why is this important for retailers?
Improve inventory efficiency
(Centralize inventory)
Reduce markdowns
Reduce retail footprint
(size & number of stores)
Increase investment in store
experience
Leverage digital channels to
extend reach of your market
Strategy Impact
Reduce markdowns
Improve margins
Reduce premium rentals &
eliminate unprofitable stores
Grow consumer engagement
& sales
Grow sales & profits
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The new, non-linear purchase journey !
The journey is now!
Dynamic
The journey is more!
Influenced
The journey is!
Continuous
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Content
Commerce
Contextually relevant content
is driving commerce
BREAK
IT
DOWN
Mobile
Apps
Tablet / Desktop
Retail
Social
Email
Blog
Channels
Browse
Research
Inspira0on
Considera0on
Purchase
Post Purchase
Returns
Rewards
Advocacy
Behaviours
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Customer Loyalty Trends
Content
Commerce
Community
•In a clu)ered market value exchange is more important than ever before
•Personalisa9on is a Hygiene Factor
•Shi/ from product cycles to consumer lifecycle engagement
•Not how loyal you are to us. It is how loyal we are to you
•Membership Spectrum (SAPS: Status Access Power Stuff)
•Kudos economy
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Follow the customer
with the relentless pursuit of excellence
& you will never have to look for growth