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The omnichannel reality The “no compromise” approach to retail

Lightspeed jean paul chauvet

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Page 1: Lightspeed jean paul chauvet

The omnichannel realityThe “no compromise” approach to retail

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What it means to be

omnichannel

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A few months ago, I was interested in buying an electric bike.

I went online and started doing some research.

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After reading some blogs, reviews, and a bit of web-rooming, I decided that I wanted a Solex.

I googled Solex Montreal and found a bike shop outside of Montreal

whose inventory carried the one that I wanted.

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I reserved the bike online and over the weekend, visited the store.

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At the store, I took it for a spin and inspected the bike. The bike store owner was

knowledgable and answered all the questions I had. In addition to the bike, he also

sold me a few accessories.

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Three months after I had purchased, I received an email from the bike store

reminding me that it was time to get my bike serviced!

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This is the omnichannel experience

and how modern shoppers shop.

Whether you’re online or in-store – it’s

all one fluid retail experience.

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One more thing…

The other day I was biking past a bike shop 300 yards from my house.

I went in and they had a large selection of e-bikes, including the one I bought.

Since their inventory was not exposed and they did not have online presence, I

did not know they existed!

Conclusion: That store lost a sale

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Consumers research and buy

across

many devices & channels

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consult their phones

on purchases they’re

about to make in a store

‘showroom’ or shop

in-store for an item

they later buy online

of eCommerce

traffic comes from

smartphone users

or research online before

purchasing in-store

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I don’t have an online store

Profile

I have a brick-and-mortar store that has no

online presence. There are not enough hours in

the day, and I lack the technical knowledge to

manage an online store

Consequence

Reach is limited to foot traffic, loss of sales!

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Profile

I am a retailer with a brick-and-mortar store that also sells

online, but the two systems are not integrated. I waste time

managing two systems and am unable to give my customer

a seamless shopping experience.

Outcome

Poor customer experience, missed sales opportunities and

operational mistakes due to a poorly managed back office.

I sell in multiple channels that aren’t integrated

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Profile

I am a retailer with a brick-and-mortar store and

an eCommerce solution that are not deeply

integrated.

Outcome

Issues with scalability and store operations that

are not 100% streamlined and optimized.

I have a poorly integrated offline and online store

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• Recognize customers

• Personalize outreach

• Increase transaction

sizes

• Measure ROI

MORE INSIGHTFULMARKETING & SALES DATA

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• Stronger brand recognition

• Unbroken buying continuum

• International & 24/7 expansion

• Cross-channel opportunities

SEAMLESS CUSTOMEREXPERIENCE

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• Integrated inventory

• Integrated reporting

• Centralized sales data

UNIFIEDSTOREOPERATIONS

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