the harry potter generation and digital trends
TRANSCRIPT
Copyright © 2015 Accenture All rights reserved. 3
End-consumers are digitally mature, but some industries are lagging behind. Financial services is the leading player in digital.
Copyright © 2015 Accenture All rights reserved. 4
Value chains gets blurrier lines and digital communication is disrupting the traditional structures. It is now expected that all players communicate with me!
Producing private labels under the mother brand
Direct sales with e-commerce and physical sales with experience centers
E-commerce with click and collect or home delivery
Communicating a brand for both the consumer goods house and the individual brands
The traditional physical shopping
Copyright © 2015 Accenture All rights reserved. 6
Structuring the trends based our favorite guys: Maslow, Potter and Porter
Basic needs
Expectation
Drivers of change
Needs are anchored in our ability to make social connections, as belongingness is the driving force of all human behaviour. Scientists argue that we would not have a single need if we
didn`t have a social network to impact us.
The Millennials grew up with technology and Harry Potter. That`s why this generation has higher and different expectations. The
Harry Potters expect boring transactions to disappear and confidently expect and want more magic in products and services.
Society, people and trends are affected by the bigger external
macro trends found in the PESTEL framework.
Copyright © 2015 Accenture All rights reserved. 8
6 digital consumer trends to familiarize with to be truly relevant to the Harry Potters
People 2 People
Physical experience
The sixth sense Interaction
Personalisation
Convenience & seamlessness
Copyright © 2015 Accenture All rights reserved. 10
We expect smooth speed and no gaps - turning
convenience and seamlessness into hygiene
factors
Social SpeedSelf
Copyright © 2015 Accenture All rights reserved. 11
The new way to shop from home – Say it or scan it and it is in your basket
Click me for film
Copyright © 2015 Accenture All rights reserved. 12
Receive your online shopping at your doorstep within the hour
Copyright © 2015 Accenture All rights reserved. 13
Ever wanted something someone wore in an Instagram picture?
Copyright © 2015 Accenture All rights reserved. 15
We expect to borrow from others, and we expect that we can trust people with a Facebook profile to
rent our home
Social Share
Click me for film
Copyright © 2015 Accenture All rights reserved. 16
Finding gaps and filling gaps with new business models
Copyright © 2015 Accenture All rights reserved. 17
The Airbnb of everything: Filling the gaps where someone has a lot of
something I need just a tiny bit of
Copyright © 2015 Accenture All rights reserved. 18
When communities meets “Lørdagsrådet” you can
crowdsource the ultimate SMS reply
Copyright © 2015 Accenture All rights reserved. 20
Self
We expect products, services and channels to be perfectly fitted to MY wants and needs“Treat me as ME, not someone like me”
Copyright © 2015 Accenture All rights reserved. 21
We expect to be able to control the uncontrollable. Like 3Dprinting the
engagement ring to pick the right one …and avoid disasters
Copyright © 2015 Accenture All rights reserved. 22
Need a sofa before the carpet, and two chairs before the sofa to know the size, but need the carpet first to place the furniture on top of it…
Click me for film
Copyright © 2015 Accenture All rights reserved. 23
Sorta you isn’t you…
Click me for film
Copyright © 2015 Accenture All rights reserved. 25
Most of all I trust my friends’ advice. How come we feel more friendly with some brands?
SafeSocial
Click me for film
Copyright © 2015 Accenture All rights reserved. 26
I trust my friends, but I trust you too.Creating a loyalty program that consumers value
increases switching costs in today`s disloyal customer base.
Copyright © 2015 Accenture All rights reserved. 27
From the LEGO community:‘Hi, I am Marksassius. Have been playing with LEGO since 1978. I like space LEGO but will play with all
sets.
Space!’
Copyright © 2015 Accenture All rights reserved. 29
Consumers expect to rely on the brands as their sixth sense
SelfSocial
Copyright © 2015 Accenture All rights reserved. 30
Amazon ships the goods just in case, and you most probably will order them..
Copyright © 2015 Accenture All rights reserved. 31
Smartcar prepares your electric car for the next ride without you even telling it where or when..
Copyright © 2015 Accenture All rights reserved. 32
Instagram always knows my interests and I don’t even mind that they have started advertising!
Copyright © 2015 Accenture All rights reserved. 34
The Hipster movement is a revolution against screens! Social, Self and Surprise
are three new hygiene factors to look out for.
SelfSocial Surprise
Copyright © 2015 Accenture All rights reserved. 35
Creating that unique and different, but consistent in-store experience is setting you apart
Copyright © 2015 Accenture All rights reserved. 36
Bringing physical and digital together helps bridge the gap for the consumers. We don’t
even distinguish the two anymore!
Copyright © 2015 Accenture All rights reserved. 37
We have proof that experience is IN: The players that went online-only now seek personal contact with the consumers in new
experience centers and pop-ups
Copyright © 2015 Accenture All rights reserved. 38
Families go on digital detoxing:Disconnect. To reconnect with reality.
Copyright © 2015 Accenture All rights reserved. 39
Thinking about the brands we love, not just like – what have they done to make us fall in love?
People 2 People
Convenience and seamlessness Physical experience
The sixth sense
Interactive brands
Personalisation
Interactive session: Place your favorite brand next to the trend you think they are exceptionally good at
Copyright © 2015 Accenture All rights reserved. 40
Adele HegerAccenture DigitalInteractive
Kamilla VedelerAccenture ConsultingDigital Customer
[email protected]@accenture.com