Retail Game Plan

Loading...

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

0 comments

Post a comment

    Post a comment
    Embed Video
    Edit your comment Cancel

    Favorites, Groups & Events

    Retail Game Plan - Presentation Transcript

    1. ReTailor Business Plan “ Until the consumer buys a product, no one in the chain has sold anything.”
    2. Introduction
      • Our focus will be on creating a Solution that will provide Retail Businesses with – a Single and ‘Holistic’ view of the Consumer.
      • ‘Convergence’ of data from multiple sources will give the business access to valuable Meta Data that will be leveraged to offer customized solutions to the individual consumer.
      • “ Synchronicity occurs when the consumer business world is linked together by technology making each of the moving parts, consumers, suppliers, taste makers, associates, and Financiers synchronous with the whole.” – Deloitte Research
      • The New Operating Model for the customer-centric retailers will be knowledge driven.
      • “ Only 15% of Best in Class and 7% of Industry Average retail respondents take the opportunity to review BI-related information in real- or near-real-time.” – Aberdeen Research
    3. Vision Focus on influencing all aspects of the Consumer Decision Making Process.
    4. Key Context - The Mind Map Convergence of the Consumer Viewed as a Single Entity across the Retail Value Chain in order to maximize Consumer Experience.
    5. Business Case
    6. Value Proposition Problems cannot be solved at the same level of awareness that created them. – Albert Einstein Consumer Analytics Visibility into Demand Based Supply Chain Management Improve revenue Lower cost The Customer Analytics for Retailers Business Process Re-Engineering Contextualized Consumer Experience Cross Selling from a ‘ Single-Consumer’ Visibility across locations
      • Design for Consumer Experience
      • Consumer Visibility
          • Contextualization of Consumer Behavior Research.
      • Consumer Intelligence
          • Consumer-Experience Technology Solutions.
      Promotions Management Manufacturers spend between 15 and 20% of their revenues on trade funds to increase product sales.  With store level visibility manufactures can track timely movement of displays onto the sales floor and monitor replenishment of display stock.
    7. Solution Framework Business Analytics Information Integration (Stores Level) Information Integration (Businesses Level) Consumer Intelligence (Contextualized Information) Consumer Visibility (Contextualized Analytics) The Integrated Enterprise
    8.  
    9. “ Until the consumer buys a product, no one in the chain has sold anything.”
    10. Service Solutions Manufacturer Retailer Consumer Intelligence Consumer Intelligence Insights Purchasing Behavior and Likes/dislikes Custom Tailored Products Custom Marketing/Promotion Campaigns Contextualized Intelligence Services One way to tell whether a company is truly customer-centric is to look at its metrics. Is the retailer measuring sales per store or product line? How many measure sales per customer? - ‘Everyone is a Retailer’, Deloitte Research
    11. Potential Customer Segments
      • Retail Stores
      • e-Tailers
      • Infrastructure and Mall Establishments
      • Retail Banking and Financial Institutions
      • Consumer Goods Manufacturers
      • Product Design Firms
      • Tourism and Hospitality Sectors
      • Government Institutions
      “ Expensive solutions to all kinds of problems are often signs of mediocrity.” - Ingvar Kamprad, Founder of Ikea

    + kiranmenonkiranmenon, 4 years ago

    custom

    220 views, 0 favs, 0 embeds more stats

    The Game plan

    More info about this document

    © All Rights Reserved

    Go to text version

    • Total Views 220
      • 220 on SlideShare
      • 0 from embeds
    • Comments 0
    • Favorites 0
    • Downloads 0
    Most viewed embeds

    more

    All embeds

    less

    Flagged as inappropriate Flag as inappropriate
    Flag as inappropriate

    Select your reason for flagging this presentation as inappropriate. If needed, use the feedback form to let us know more details.

    Cancel
    File a copyright complaint
    Having problems? Go to our helpdesk?

    Categories