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Challenges and Opportunities for Retail Startups - Mobiloitte

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With the hit of smartphone, retailers are focused to improve their customer base, enabling loyalty, omnichannel, mobile retail, and experience initiatives. Today with the availability of digital technology, number of startup have mushroomed. However, whatever may be the kind of startup, it alway face some sort of challenges.

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Challenges and Opportunities for Retail Startups - Mobiloitte

  1. 1. Challenges and Opportunities for Retail Startups Apped in Mobiloitte
  2. 2. With the hit of smartphone, retailers are focused to improve their customer base, enabling loyalty, omnichannel, mobile retail, and experience initiatives. Today with the availability of digital technology, number of startup have mushroomed. However, whatever may be the kind of startup, it alway face some sort of challenges. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE Challenges and Opportunities for Retail Startups
  3. 3. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE Challenges: ➢ Creating memorable, multi-sensory experiences ➢ Building a seamless shopping experience ➢ Striving for hyper personalisation ➢ Rethinking the outlet spaces ➢ Integrating online and instore shopping experiences ➢ Making Policies ➢ Hiring ➢ Funding
  4. 4. ➢ Demographic Dividend ➢ Large Population ➢ High Mobile Penetration sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE Opportunities:
  5. 5. As per Wikipedia’s information, “India’s e-commerce market was worth about $3.9 billion in 2009, which experienced rise of $12.6 billion in 2013. Whereas, in 2013, the e-retail segment was worth US$2.3 billion. About 70% of India’s e- commerce market is travel related.” Further, study by Internet and Mobile Association of India reveals that the e- commerce sector is estimated to hit Rs. 211,005 crore in the end of 2016. Further, it is expected that by 2020, the approx online revenue will be $100 billion out of which $35 billion will be through fashion e-commerce. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE Market Research:
  6. 6. The transforming technology is leading the Retail industry to make investment in machine learning and predictive analytics technologies as it enables retailers predict customer demand based on inputs, in comparison to handful of data points and historic sales. This will help you to win over your competitors. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE Future of Back-End Technologies
  7. 7. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE Key Solutions at Mobiloitte • Digital & Interactive Displays • Dressing Room Tech • Guest Wi-Fi • In-Store Bots and Chatbots • In-Store Financing • Inventory Management • Location Analytics & Proximity Marketing • Omnichannel Analytics • Smart Receipts & Ratings • Store Management/ POS Systems • Workforce Tools
  8. 8. Engagement Model We believe in streamline day-to-day, engagement-level communications, to ensure trust of our client with quick and easy management and pioneer services. At Mobiloitte, we leverage collective experience, expertise and relationship intelligence to enhance client service and business development. Turn Key Projects ➢ Strategic Planning We ensure the organisation strategy that is formulated to drive current and future technology, propelling the project growth. ➢ Business planning We formulate tactical and operational objectives for the given period of the project and achieve value from technology and investment. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE
  9. 9. Modular Approach on Existing ➢ Managed Sourcing We offer a service mix of competency checks, technical skills and background enhancement to this business segment. ➢ Offshore Development Center Outsourcing your development and CMS needs to our ODC ensures you two things; one, industry leading software development and two, all this at a fraction of the cost that you would normally incur on self managed IT teams. ➢ Fixed Bid Model A fixed sum of monetary benefit is guaranteed to the software or content vendor for delivering solutions once the client is satisfied. It runs on standard IT operational procedures and carries out periodic reviews for the client’s perusal. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE
  10. 10. sales@mobiloitte.com | www.mobiloitte.com INDIA | USA | UK | SINGAPORE

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