Retail strikes back omni channel retail_v.1.441_singtel

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  3. 3. 4 Total sales from mobile : 20% Growth Rate (SG) : 20% monthly Registered Users (SG) : 900K Typical customer profile : 27 yrs, 75% female Source : PayPal Qoo10 mobile application for Asia Pacific : 64% are Singaporean users 37% of total mobile sales by Singaporeans Qoo10 SG holds the highest ratio of sales to country size in Asia. 2013 : half of all online shoppers are mobile shoppers (1M) 2015 : mobile commerce expected to be worth S$3B
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  7. 7. 8 We will have to start downsizing our stores over the next five years as customers shift to e-commerce. On their smaller stores: When you combine lower rents, lower build out and a smaller total footprint with high sales per square foot, its a very powerful economic model. Walter Robb, Co-CEO Were looking for more ways to combine our e-commerce business into our bricks- and-mortar stores to create an integrated, multichannel shopping experience for our guests. Daniel Duty, Director of Enterprise Strategy
  8. 8. 9 But physical shopping still has its place. Many consumers still see it as a socialising activity with friends; to others, it can be an entertainment, he added. What individual retailers must do to survive in this new world is to understand what consumers want and behave, and then respond accordingly. The pervasiveness of the Internet has turned everything upside down. This is a trend thats really picked up pace in the last three years. Before that, tablets were a novelty; now, consumers are now able to conduct their own research and purchase on mobile devices or home computers,
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  11. 11. http://www.forbes.com/sites/deniselyohn/2014/10/17/so-amazon-thinks-it-can-do- retail/?utm_content=9051069&utm_medium=social&utm_source=facebook 12
  12. 12. Retails changing landscape omni-channel customer experience13 Present Future
  13. 13. What is the most important goal to become a better omni-channel retailer? Allow the Customer to purchase, take delivery through channels of their choice Create a single brand identity across channels Whats getting in the way? Dont have a single view of the customer across channels Whats your biggest barrier? Consolidate our customer data across channels Gaining better insight into cross-channel customer behaviour, in order to prioritize 24% are budgeting for a single customer interaction platform that crosses channels. With Marketing taking the lead role on Omni-Channel 14
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  16. 16. A Social Media Campaign about Healthy Living Targeted at Women 17
  17. 17. Business(What) 1. Engage and sustain customer relations (loyalty) 2. Increase awareness and apply OSIMs brand message(s) well being, healthy lifestyle 3. Increase sales of OSIM products targeted at Women. SocialMedia(How) 1. Socialize content and touch points through personalization and conversation tools. 2. Build lifestyle-centric spaces online that features womens lifestyle content created by talents / brand ambassadors. 3. Converge sales channels, promotional activities and product placements/reviews to be linked to social media activities. 18
  18. 18. Strictly Confidential & Proprietary PepperConn LLP19 Homemakers Young mums, mothers to be, stay-home mums. Care givers, family focused. Tai-tai lifestyle. Finding purpose without having to work. Health Fanatic/ Gal Next Door Relationship focused. Friends, colleagues, dating. The one whom people go to for a shoulder to cry on. Health & fitness Focused. The Independent Female Managing all on her own. Living life to its fullest. Will try anything once. Street smart. Corporate go-getter. Results oriented. Janie AprilGladys
  19. 19. 20 Content&Context - Balancing work, and personal demands - How to maintain shape and health in a stressed out, time limited environment Connections - Executive health clubs - Self improvement workshops / seminars Conversations - Poll on the best executive lunches - Managing bosses and subordinates - Best time management practices Conversion OSIM self- maintenance and health products massage chairs, family products, uZap. Target audience : PMETs, Middle Senior management executives
  20. 20. Nov Dec Jan Monthly Themes Keeping in Shape A time for Family, friends and yourself A Whole New You Weekly Themes 1. Shaping up 2. My Problematic Areas 3. The Low Down on Gym Membership 4. My uKimono Angle 1. Christmas time for giving 2. A time for Family 3. A time for Friends 4. A time for yourself 1. Living life to the fullest, in tune with the latest 2. Lengths taken to look and feel good 3. Best buys and best hangouts 4. Latest Fads 21
  21. 21. Novembers Theme : Staying in Shape Product Focus : uKimono 22 April Janie Gladys Week 1 Shaping up in transition Transition from Flying days - Complimenting Active lifestyle though fear of age catching up Flying days Slowing metabolic rate Flying days Post natal weight loss Week 2 My Problematic areas Good genes, eat lots but yet slim. However, need help with spot reduction. Help! Ive got a big butt. Rubba tum tum. My hubbys waist line will need two uKimonos. Week 3 The Low Down on Gym Membership Alternative and fun ways to work out dance classes, wake boarding, etc. Hit the road Janie marathon training. Its fresh air, get to see Singapore from a different perspective and its FREE! No Pain, No Pain. Forget about the Gym. I just need to get to those problem areas. Week 4 Progress update on uKimono usage. Contest Topic Progress up on uKimonos impact on their problematic areas, etc. Contest : Tell us someone you know who you think really needs uKimono. The most interesting article wins. Suggest starting contest in Week 2 and ending by Week 4.
  22. 22. 23 Content - Personal Angle Connections - Lifestyle Content Conversations - Invite response 1 Challenges staying in Shape as a busy executive. No time to hit the Gym. Do you really use that Gym membership? My friends who signed up for memberships dont use them. Best suggestions on time saving methods to stay in shape. Follow up article : try the OSIM ukimomo Personal Blogs OSIM Blog Article OSIM Blog Personal & Corporate E-commerce / sales
  23. 23. 24 Source : First Data 2013
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  26. 26. 27 bestseller list, to create a mass market hit small royalty on a huge range of products profitable, successful niche product. Not a product for everyone, certainly, but among those that care and are choosing to pay attention, a fantastic choice.
  27. 27. 28 Fruits, meats, seafood, gourmet coffee, tea, - Seasonal, highly visual, highly competitive Staples, heavy : rice, milk, sugar, oil Gourmet, organic products to upsell
  28. 28. 29 New releases, best sellers, e-education Assessment Books, Office Stationary Subject specific : Self improvement, cook books
  29. 29. 30 Video about Birchbox https://www.youtube.com/watch?v=vgg98FKgFv0
  30. 30. 31 Video about Bonobos Guide Shop https://www.youtube.com/watch?v=CjVFzMVRi7k
  31. 31. 1: Store Locator 2: Product Availability 3: Shipping Options 4: Store Pick-Up 32 Four options need to be available close to the product page's call-to-action or "add to cart" button: Source - http://www.parkeravery.com/pov_eCommerce_Omnichannel_Strategy.html
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  34. 34. 35 55% of eCommerce carts are abandoned due to high shipping cost Address expensive shipping issues by enabling easy collection from store or lockers Savings from merchant fees from payment gateways passed on to consumer
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  36. 36. Loyalty is about knowing your customers better Rewards allows your customers to opt-in to personal data collection Who + What + Where + When at point of sale Unify customer databases across digital, brick & mortar, systems Track your customers preferences 37
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  38. 38. 39 Location Libraries - GPS, Public WiFi Maps 1 WiFi APs + Sensors 3 Audio Frequencies 2 Beacons 4
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  43. 43. 44 Personalize (who) Personalize (what) Personalize (where) Personalize (when) All the above
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  45. 45. 1. Unify multiple channels, including the store single management software / platform Cohesive sales n marketing across the organisation consumers get a single experience 2. Unify consumer database gain consumer insights personalise promotions based on customers profile, segmentation, transaction history, time and location 3. Rethink the Store digitally integrated, cost effective hub identify and personalised consumer experience o2o (offline to online) marketing 4. Resulting in footfall, sales and loyalty.
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  47. 47. 48 Your Branded Mobile Apps / Web Powered By Detects Consumer In-Store Tao oF shop Store-Assist App (In-Store) PersonalizedPersonalizedPersonalizedPersonalized PromotionsPromotionsPromotionsPromotions Data Capture, Insights Your Website Powered by Tao of Shop, Facebook, Twitter Tao of Shop Admin Dashboard Database Publish, Sell, Reward Customer Service & Assisted Selling All-in-One Digital Solution, we provide you with : Your own branded mobile apps (Android, iPhone, Mobile Web) Integrated webpages into your existing website Integration with your Facebook & Twitter pages Your own database, content and account mgmt Consumer
  48. 48. 49 In-Store Web, Mobile & Social Media
  49. 49. 50 ADMIN DASHBOARD - POSTS Create once and publish to all - your Brands Website, Facebook & Mobile Apps Embed coupons in posts to drive traffic and sales to eShop or physical outlets Automatic notifications when customers are near your outlets - Personalized Messages with Coupons
  50. 50. Outlet 1 Outlet 2 51 Detect and identify customers near stores using GPS or / and in-store sensors Auto-push promotions near / upon entering participating outlets, personalize based on : Location Consumers Profile * Transaction history *
  51. 51. 52 Paragon Outlet Jurong Point Outlet Sephora @ ION Orchard Muji @ ION Orchard
  52. 52. 53 ADMIN DASHBOARD - eCOMMERCE Create & manage your product catalogue across your website and mobile apps Includes Payment Gateway, Orders Management & Fulfilment Inventory Management Option to integrate with POS systems Easy collection in-store with Membership Card Orders Mgmt Inventory Mgmt
  53. 53. 54 Virtual Membership Card on Mobile app Points Tracking Seniority Badges & Ranks Customize Rewards / Loyalty Program Purchase & Advocacy Actions Manage Rewards Points & Redemption from Admin Dashboard
  54. 54. 55 Reward points with Purchase at Point of Sale (POS) Manage Rewards redemptions Store-Assist App Operated by Retail or Sales Staff at Outlets Identify customers scan Virtual Membership card Service Customers access to Details & Transaction history Manage Orders for Collection / Delivery Coupon Validation 1 2 3
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  57. 57. 58 Posts Coupons eShopMessages Rewards Create, Publish & Sell from a Single Dashboard
  58. 58. 59 Acquire membership & Engage on digital & Social Media 1 3 Engage consumers with QR Coded Ads / Media Drive Traffic to Store 2 Locate Consumers near-by. Auto-push content & Promotions to drive traffic into Store.
  59. 59. 60 Scans QR codes on Product displays to view videos, download brochures / Coupons 3 1 Detect individual consumers ID when walking into your shop! 1 Earn Points for Shares & Referrals 3 Drive FootFall by Rewarding consumer walk-ins. 2 Earn Points for Shares & Referrals 4 Auto-Push Personalized promotions / Coupons Based on each Consumer Profile 2 Consumer Profile Transaction History Location
  60. 60. 61 Consumer Insights on your Database ! Coupon Downloads, Content Views, Transactions, Advocacy Actions, Locations Personalize Content, Promotions, Coupons, etc. Consumer Data & Tracking across digital & store channels
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  65. 65. 66 Social Content Coupons eCommerce Rewards Store Asst. App POS
  66. 66. 67 Full Digital Solution across All channels 1 Identify & engage consumers in-Store : increase conversion rates Gain consumer insights = Personalization + Relevancy 3 2
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  68. 68. Click on this link to watch YouTube Video : https://www.youtube.com/watch?v=bp8ItB0DCok 69
  69. 69. Email : [email protected] 70