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making shops work Shopworks agency overview 13 th of May 2015

The secrets of making shops work

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Shopworksagency overview13th of May 2015

making shops work

agency overview1

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agency overviewInternational7 (+3 ) international offices Network of worldwide strategic retail partners Solutions adapted to local culture and market specificsProjects in almost 50 countries

LisbonLondonMoscowJohannesburgMalaysiaMumbai Shanghai

7 ( +3) 50

Paris

MunichUAE

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agency overviewexperienced Retailers, service providers, manufacturersCommodity and luxury brands, B2C and B2BHigh street stores, kiosks, hypermarkets, department stores, shopping centres

, B2C B2B

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agency overviewwe are

A retail consultancy providing solutions based on an extensive understanding of shopper behaviour, through a process of:

researchshopper researchplanningdesignimplementationcategory managementretail concept designproject management spacestrategyinternational benchmarkingin store communicationlayout planningturnkey shop fittingfurniture sourcing

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key principles2

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key principlesunderstand your customerUnderstand what do they do; what do they want; how they behave,,

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key principlesunderstand your customer

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key principlesperformance focusedExamining all retail elements for maximum sales and profitability

range & assortmentretail technologyadded value servicesstaffretail environmentincreasenumber of customersincreasevisit frequencyincreasesales conversionincreasetransaction value &

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key principles

functional retail planning principlesOptimizing elements to guide shopper behavior in store and at fixtureequalise value of spacedirect customers through spaceclear sightlines,angles & accesseffective categories & adjacencies

, & &

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key principles

equalize value of spaceReturn maximum value from every square metreoriginal floor planrevised floor planservices +12% retail +280%

+12% +280%

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key principles

direct customers through spaceUse flooring, ceiling, lighting, signage to influence traffic flow

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key principles

sightlines, angles & accessMaximise visibility and access throughout retail space &

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key principles

effective categories & adjacenciesOptimise category space allocation & adjacencies to promote cross-selling & up-selling & &

&

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key principles

emotional the customer journeyAchieving shopper satisfaction by meeting their needs, expectations and desires at every step of their journey through store

from a distanceattract, inform,direct

at windowinvite, intrigue

on thresholdimpress, inform,guidein storeexcite, advise, educate, convert, add value

staff & servicesecure custom, drive loyalty & advocacy

, ,

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, , , , ,, & , &

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Bold branding, architecturefrom a distance attractkey principles

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Bold branding, architecture

from a distance attractkey principlesTimberland LondonSwarovski Ginza, Japan

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Interaction, draw customers, at window intriguekey principlesLiberty scan and discover LondonJohn Lewis on or off smart TV London

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Interaction, draw customers, entertain, , Adidas Interactive WindowHarvey Nichols Londonat window intrigue key principles

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View into an impressive store

at window invite

key principles

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Visual display impact, breadth of range, on threshold impress key principles

SephoraVictoria Secret - NYC

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Visual display impact, breadth of range, on threshold impress key principles

Wholefoods

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Inspiring displays in store inspirekey principlesWholefoods Market LondonNespresso Boutique London

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Trial, information, service

in store educatekey principlesWholefoods Market LondonApple Genius Bar

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in store servicekey principles Value added services, customize, unlimited stock, Adidas LondonAudi City London & Beijing

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Staff secure customkey principles

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the future of retail3

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empowered connected consumers

retail trendsour increasingly always connected world, this has empowered shoppers to seek:

value-deals & price comparison sites, retailer sitesassurance-product reviews, social media convenience-click & collect, narrow delivery windowsnew & latest-faster exposure to latest trendsservice-communicate dissatisfaction

- & , -, - & , & - -

the old customer journey

straightforward and linear &

Awareness

Consider purchase

Selectproduct

Unbox & Use product

Purchaseproduct

retail trends &

Mobile trends

Of the 7 billion people in the world

5 billion use a mobile phone

(whilst only 3.5 billion own a toothbrush) Source: Technology World, Jan 2013Mobile trends70

50

35

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Mobile trends

Smart phones, smarter shoppers

Smart phones have transformed shopping behaviour

New ways to shop

New ways to research, browse and gather information

New ways to pay

Mobile trends

New ways to shop: Scan a QR codeMake a callView a websiteMake a call

New ways to gather information:Discuss on a social networkRead a reviewCompare different productsMake a shopping listCollect loyalty pointsLook up location specific couponsBenefit with others via Groupon

New ways to payPay using card on phonePay using phone numberPay on linePay in store

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the new customer journey

complicated web involving research, multi-channel contact with the retailer and feedback

Product Website

View Ads

Read Interviews

Researchproducts

View Video

Visit deal site

Consult friends

Visit store

Visit commerceweb site

Compare prices

Downloadcoupon

Product purchase

Unboxproduct

Take video/photo

Use products

Shareopinion

Engage in Retailer discussion

Upload Mediaabout product

retail trends/

the role of the store

evolving to become one part of a more complex multi-channel relationship between the retailer and the consumera destination to augment the brand experienceoffering a limitless rangeempowered store stafftechnology to enhance the store experiencestores are becoming connected

retail trends

augmenting the brand experiencedeliver an immersive experience to distinguish the store from other channels

touch

Lego, pick a brickWholefood, taste & tweet

Victorinox, knife workshopretail trends

augmenting the brand experience

deliver an immersive experience to distinguish the store from other channels

customiseKaren Millen, off the peg made to measure

Audi city, digital showroomretail trends

augmenting the brand experience

deliver an immersive experience to distinguish the store from other channels

entertainBurberrysOrange

Nikeretail trends

limitless range

technology releases assortment potential beyond the physical constraints of the store

H&M homeHouse of Fraser, buy & collectAdidas, virtual footwear

retail trends

empowered staff

connect with customers to provide a personalised and convenient experienceNordstrom mobile PoS to checkout customers anywhereApple PoS & Barclays, tablets to process queries, scan documents

retail trends Nordstrom PoS Apple mobile PoS & email receiptsBarclays, ,

enhanced store experience

leveraging technology to enhance in-store experienceWaitrose, scan & shop self scanningAdidas Neo interactive window display; order from window; drag & drop items onto modelVanquish RFID product pick up triggers screen content; retailer tracks customer choices

retail trends Vanquish RFID ; Adidas Neo , ; &Waitrose, &

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connected stores

shopper inevitably use smart phones to compare pricesreliable, available WI-FI in store is developing and can enable retailers to enhance in store experienceaccess product reviewsaccess store offersenable real time, location sensitive targeting

retail trends

WI-FI