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Sponsored by Oakley & eCommerce Merchandising Critical Success Factors for Multi-Channel Planning

Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

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In the new world of integrated, multi-channel retailing, consumers should be able to find the products they want quickly and efficiently through the channel of their choice. A higher level of customer service is more critical than ever to survive and thrive, but this adds new complexities to integrating an operational patchwork of information systems, organizations, people and discreet business processes.

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Page 1: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Sponsored by

Oakley & eCommerce Merchandising Critical Success Factors for Multi-Channel Planning

Page 2: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Retail’s Major DisruptionsRetail’s Major Disruptions

© 2012 7thonline. Inc

Page 3: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

U.S. eCommerce on the RiseU.S. eCommerce on the Rise

10.1% Compound Annual Growth Rate

$202B $226B $327B7% (2011) 7% (2012)

9% (2016)

Source: Forrester Research

© 2012 7thonline. Inc

Page 4: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

eCommerce: Global SpreadeCommerce: Global Spread

UK 10%

Latin America

2%

Asia-Pacific 3%

Global digital retailing: 15-20% of TOTAL SALES

© 2012 7thonline. Inc

Page 5: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

7thonline

Mobile as Key EnablerMobile as Key Enabler

•8B Handheld Devices•Est. Sales: $31B -2016•Growth Rate: 39%

© 2012 7thonline. Inc

Page 6: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Social Media Plays a Major Role Social Media Plays a Major Role

© 2012 7thonline. Inc

Page 7: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

eCommerce MerchandisingeCommerce Merchandising

I. Introduction

II. The Changing Consumers

III. Embracing Multi-Channel Retailing

IV. Organizational Reality for Retailers

V. Best Practices to Multi-Channel Integration

VI. Conclusion

© 2012 7thonline. Inc

Page 8: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Today’s Multi-Channel RealityToday’s Multi-Channel Reality

© 2012 7thonline. Inc

Page 9: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Multi-Channel Consumers Shop for BrandsMulti-Channel Consumers Shop for Brands

Outspend traditional shoppers by over 20% Exhibit strong loyalty to brand More likely to influence others to endorse a retailer or brand

© 2012 7thonline. Inc

Page 10: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Multi-Channel Creates Greater Business ValueMulti-Channel Creates Greater Business Value

Inventory optimization via integration of virtual

and physical stores

© 2012 7thonline. Inc

Page 11: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Organizational Reality for RetailersOrganizational Reality for Retailers

Technology

Organizational Legacy

© 2012 7thonline. Inc

Page 12: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Collaboration Across Channels

True cross-channel convergence is about making all retail channels operate in coordination and collaboration with each other.

Create operational efficienciesReduce complexity & redundancy

Provide consistent brand experience

Create operational efficienciesReduce complexity & redundancy

Provide consistent brand experience

© 2012 7thonline. Inc

Page 13: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

eCommerce Platform as Part of Larger StrategyeCommerce Platform as Part of Larger Strategy

Overall Multi-Channel Strategy Aim

Grow RevenueReduce Inventory Cost

Extend Worldwide

© 2012 7thonline. Inc

Page 14: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Best PracticesBest Practices

• Define a customer experience program and implement it

• Ensure true Multi-Channel transparency

• Consolidate Multi-Channel supply chain management

• Deliver Multi-Channel services and targeted promotions

• Improve Multi-Channel loyalty capabilities

• Provide web-enabled call center systems

• Ensure embedded Business Intelligence throughout the enterprise

© 2012 7thonline. Inc

Page 15: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Embedded Business Analytics Throughout Your ProcessEmbedded Business Analytics Throughout Your Process

• Business Intelligence and Analytics for everyone in the organization

• Information on demand with no IT required

• Track current business trends as well as predict future demand

• Insights that allow you to anticipate change and proactively balance risks and opportunities

© 2012 7thonline. Inc

Page 16: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

ConclusionConclusion

No longer manage eCommerce, retail commerce, B2B commerce separately…

Provide a true Consumer Centric Commerce experience

© 2012 7thonline. Inc

Page 17: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

7thonline: Multi Channel Merchandise Management7thonline: Multi Channel Merchandise Management

© 2012 7thonline. Inc

Page 18: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

Industry Acknowledges Market Leadership…Industry Acknowledges Market Leadership…

© 2012 7thonline. Inc

Page 19: Oakley and eCommerce - Critical Success Factors for Multi Channel Planning

7thonline Thought Leadership Series7thonline Thought Leadership Series

Please visit www.7thonline.com

© 2012 7thonline. Inc