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SHOWROOMING
presented by
how to fight back &
capture lost sales
show·room·ing /ˈSHōˌro͞omiNG/
The practice of visiting a storein order to examine a
product before buying it online at a lower price
What is it?
[ ]
showrooming costs
brick & mortar stores
$217
BILLION
in lost sales
in the U.S. alone
ouch!
and it’s growing
2012 2013
+400%
56%
of smartphone owners
shop in stores & regularly
buy competitive products
on smartphones while there
how many really do this?
favorites
3
4
5
RedLaser by eBay
ShopSavvy
Flow by Amazon
1
2
Google
Price Check by Amazon
retailers adapt
Best Buy
wifi
Target
We love
showrooming –
when Target gets to
book the sale.
“
”
Wal-Mart
IN-STORE
innovation
in-store analytics
intelligent lights
beacons
in-store self pay
mobile-exclusive deals
touch screens
mobile point-of-sale
should you be scared?
84
smartphone shoppers use their
phones for help
while [inside] the store
more likely to buy
smartphone shoppers are
14 % more likely
than non-smartphone shoppers
to convert in-store
… and buy more
$
$
occasional
phone use in-store
frequent
phone use in-store
frequent mobile shoppers
spend
25%
more
just embrace it
it’s time to
be proactive
Once customers are in our stores
they’re ours to lose
- Best Buy CEO Hubert Joly
“ ”
unique product selection
customer service
mobile point-of-sale
detailed product information
product recommendations
check-in rewards
targeted deals
buy online, pick up in-store
mobile payments
specifically…
price matching
mobile
why mobile?
the conversion rate
for shoppers who use a
retailer’s dedicated app
is 21% higher
than those who don’t
m-shoppers are just as likely to use the
store’s own app (22%)
as a competitor’s app (22%)
in a brick-and-mortar store
why mobile?
a clear majority of mobile shoppers
are enticed to buy in-store through
product info,
engagement strategies
& rewards
why mobile?
what does it all mean?
keeps your store relevant
mobile…
isn’t just a nice to have
it’s imperative
it’s not just for big retail
makes shoppers more likely to buy
makes them spend more
keeps them coming back
THANK YOU
please
come again

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Showrooming - Independent Retailer Conference at ASD LV