keeping pace with today's customer

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Page 1: Keeping pace with today's customer
Page 2: Keeping pace with today's customer

KEEPING PACE WITH TODAY'S CONSUMERS IN THE EVER CHANGING RETAIL

ENVIRONMENT

Page 3: Keeping pace with today's customer

AS THE PHYSICAL AND DIGITAL BATTLE FOR CONSUMERS RAGES ON.

Page 4: Keeping pace with today's customer

THE GAP BETWEEN THE LIVE ENVIRONMENT AND THE DIGITAL

ENVIRONMENT IS BECOMING MORE AND MORE BLURRED.

Page 5: Keeping pace with today's customer

BRANDS ARE STARTING TO SEE MORE AND MORE

OPPORTUNITIES TO ENGAGE.

Page 6: Keeping pace with today's customer

TECHNOLOGY BECOMES MORE AND MORE ACCEPTED IN

EVERYDAY LIFE.

Page 7: Keeping pace with today's customer

THE MORE DATA ABOUT OUR LIVES AND OUR CONSUMPTION CHOICES BECOMES

AVAILABLE.

Page 8: Keeping pace with today's customer

THE MORE THE BRAND LEARNS THROUGH RESEARCH AND

INSIGHT…THE MORE THE CONSUMER

BAFFLES US WITH THEIR EVER CHANGING BEHAVIOURS.

Page 9: Keeping pace with today's customer

TODAY’S CONSUMERS WANT MORE AND TODAY’S CONSUMERS WANT IT

NOW!

Page 10: Keeping pace with today's customer

TODAY’S CONSUMERS ARE TAKING MORE AND MORE CONTROL OVER

THEIR CONSUMPTION AND EXPERIENCE CHOICES.

Page 11: Keeping pace with today's customer

YET…MORE AND MORE BRANDS ARE LOSING THE CONSUMER IN THE GAP BETWEEN THE PHYSICAL AND THE

DIGITAL EXPERIENCE.

Page 12: Keeping pace with today's customer

SO WHAT ARE THE ANSWERS? WHAT ARE THE SOLUTIONS?

HOW DO WE UNDERSTAND THE CONSUMER? HOW DO WE ADAPT AND SURVIVE THE

ONGOING BATTLE FOR COMMITMENT AND PURCHASE FROM THE CONSUMER?

Page 13: Keeping pace with today's customer

THE RISE OF OMNI-CHANNEL

Page 14: Keeping pace with today's customer

SO, OMNI-CHANNEL CONSUMPTION IS BECOMING MORE AND MORE

IMPORTANT TO BOTH THE BRAND AND THE CONSUMER.

Page 15: Keeping pace with today's customer

OMNI-CHANNEL HAS BECOME A BIG BUZZWORD OVER THE PAST FEW YEARS… BUT VERY FEW COMPANIES ARE DOING IT OR DOING

IT WELL!

Page 16: Keeping pace with today's customer

HOW DO WE DEFINE OMNI-CHANNEL TODAY?

Page 17: Keeping pace with today's customer

WHO CARES!!!IT’S SIMPLE… IF YOU DO NOT HAVE

A MULTI PLATFORM SALES STRATEGY, THEN YOU DON’T HAVE A

SALES STRATEGY.

Page 18: Keeping pace with today's customer

MORE IMPORTANT IS UNDERSTANDING WHERE DOES THE JOURNEY BEGIN TODAY FOR

CUSTOMERS?

Page 19: Keeping pace with today's customer

MARKETERS MUST INVESTIGATE WHAT FACTORS (BE IT HABIT, CHOICE, CONVENIENCE, LIFESTYLE)

WILL LEAD TO WHERE IT WILL END (WHAT WE MIGHT KNOW AS PATH

TO PURCHASE)

Page 20: Keeping pace with today's customer

THE OMNI-CHANNEL EXPERIENCE DOESN’T JUST START WITH THE CUSTOMER, IT STARTS WITH THE

EMPLOYEE!UNIFICATION IS KEY AND ALL ELEMENTS OF THE SHOPPER EXPERIENCE MUST BE TIED TOGETHER

AS ONE!

Page 21: Keeping pace with today's customer

CONSUMER CONTROL

THE BLENDING OF PHYSICAL AND DIGITAL THROUGH THIS IS A BIG SIGN ALSO THAT SHOPPERS WANT

MORE CONTROL. THEY DON’T WANT TO ASK…THEY WANT IT NOW!

Page 22: Keeping pace with today's customer

A SEAMLESS SOCIETY

WE’VE OBVIOUSLY SEEN THE BENEFIT THAT CONTACTLESS PAYMENTS HAS BROUGHT TO THE

RETAIL WORLD AND THEIR INTEGRATION HAS ONLY ACCELERATED CONVERSION RATES IN SHOPPING

EXPERIENCES. RETAILERS ARE CONSTANTLY EXPLORING MORE WAYS TO REDUCE THESE GAPS

AND SPEED UP THE WHOLE CUSTOMER EXPERIENCE.

Page 23: Keeping pace with today's customer

WHERE IS THE NEXT ADVANCEMENT OF TECHNOLOGY PAYMENT?

WEARABLE TECH, PRE-PAID APPS, BIOMETRICS?

Page 24: Keeping pace with today's customer

CONVENIENCEPERSONALHABITBEHAVIOURTRANSPARENCYSECURESPEEDSIMPLE

ANYTHING EMPLOYED IN RETAIL EXPERIENCES WILL BE IN RESPONSE TO THESE KEY NEEDS FROM A SHOPPER’S EXPERIENCE:

Page 25: Keeping pace with today's customer

AND WHAT WILL CONTINUE TO BE THE CATALYST FOR CHANGE IN ALL THIS?

THE CUSTOMER!

Page 26: Keeping pace with today's customer
Page 27: Keeping pace with today's customer

FREQUENTLY ASKED QUESTIONS?ARE OUR RETAIL EXPERIENCES BECOMING ANTI-SOCIAL THEN? IS THIS A SIGN THAT RETAIL EXPERIENCES ARE BECOMING MORE

DE-HUMANISED AND LESS PHYSICAL COMMUNICATIONS AND INTERACTIONS ARE WANTED BY THE CONSUMER?

OR IS IT THAT TECHNOLOGY IS HELPING REDUCE THE GAP AND GRADUALLY CHANGING THE WAY SHOPPERS SHOP FOR THE

BETTER? ARE THE GAPS GETTING SMALLER AND THE CONVERSIONS BIGGER?

Page 28: Keeping pace with today's customer

• LISTEN, INTERPRET, DELIGHT• PERSONALISATION, PERSONALISATION, PERSONALISATION!• CUSTOMERS WANT TO BE INFORMED. GIVE THEM THE TOOLS TO DO THIS, BUT ALWAYS…• …REMEMBER TO KEEP IT SIMPLE!• CUSTOMERS WANT IT NOW! AND THAT DOESN’T JUST RELATE TO THE PRODUCT, IT TRANSCENDS

TO ALL FACETS OF THE SHOPPING EXPERIENCE• BE RELEVANT!• FOCUS ON THE CONSUMER NOT THE CHANNEL! BUT ENSURE YOU’RE STILL WELL COVERED!• DO NOT (BE AFRAID TO) DISTURB! – UNDERSTAND YOUR SHOPPER’S EXPERIENCE IS UNLIKELY TO

END IN-STORE…ENSURE THEN YOU’RE WELL PREPARED TO EITHER RETAIN YOUR CUSTOMER IN-STORE OR EQUIPPED TO HELP THEM COMPLETE THEIR JOURNEY AT HOME…WITH YOU!

TAKE-AWAYS TO HELP YOU THROUGH THE MINEFIELD