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Lecture 3   Future Trends In The Global Retail Industry
 

Lecture 3 Future Trends In The Global Retail Industry

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    Lecture 3   Future Trends In The Global Retail Industry Lecture 3 Future Trends In The Global Retail Industry Presentation Transcript

    • Lecture 03: Future Trends in the Global Retail Industry PRESENTED BY: Ian Agoncillo Paca ña
    • Agenda
      • Global Retail Industry
      • Future Trends
    • Global Retail Industry
    • Future Trends in Retailing
      • 1. No more one size fits all.
        • Retailers will carry products that appeal to various consumer mindset
      • 2. Experience Excels.
        • Customer buying experience will be important
      • 3. E-commerce: more Action than Transaction.
        • E-retailing will be used more than just for simple transactions
    • Future Trends in Retailing
      • 4. Smart Shopping.
        • Consumers will accept new technologies that give them better information and more control over the shopping process.
      • 5. Smart Stores.
        • Stores use technology for better space usage and employee efficiency.
        • Over time, these solutions will replace human resources.
      • 6. M-commerce will continue
        • The selling of products and services via mobile devices will grow.
    • Future Trends in Retailing
      • 7. Retailers Act like Suppliers.
        • As retailers grow and become more global, they will seek alternative sources of supply.
      • 8. Brand Sharing.
        • Retailers will plug into each other’s shopper base and use location strength through innovative store-within-a-store, or brand-sharing, partnerships.
      • 9. Suppliers Become Retailers.
        • Supplier direct-to-consumer will become a more practical scenario in the future.
    • Question and Answer Q & A
    • References
      • Berman, Barry & Evans, Jpel, Retail Management 10 th Ed. (Person)
      • Retail Forward, Inc., “Twenty Trends for 2010: Retailing in an Age of Uncertainty”