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Using the Online Channel to
reach new Customers
VisionID Retail Technology
City West, October 2013

1
4 Things You Never Knew About Online
Retail
• In terms of global website traffic, Amazon is
ranked #11, just behind Twitter
• It’s projected that by 2016, 22% of total retail
sales in the UK, will take place online*
• 20% of UK shoppers will buy all of their
Christmas gifts online this year!**
• 71% of products searched for in Ireland
returned only UK based retailers***
Source: * Economic Intelligence Unit
**emarketable.ie, *** Profiterio.com

2
Are we getting our share in Ireland?
“The Digital Hub has projected that, by 2017,
the online consumptive economy will be valued
at €21 billion in Ireland. If the trend for
favouring overseas outlets for online purchases
continues, however, the revenue loss to the
domestic productive sectors will be immense.*”

* The Digital Hub Annual Report August 2012

3
What does Ben Dunne think?
“Why bother with shops with expensive displays
and staff kitted out in uniforms and high-cost
refrigeration display units? The current retail
model is the most expensive way of doing it.”
– Ben Dunne: November 2012

4
This is what Retailing looked like

5
Power has shifted to the Shopper,
online and offline

6
But at the end of the day the shopper
wants this

Without

7
So how can you make your customers
happy?

8
I’ve run out of milk!

9
I want the best price: “Showrooming”

10
I want to see “my” promotions?

11
I’m ready to buy more!

12
I want to buy meat online!

13
I want my online shopping straight
away

14
I want the delivery man to find my
house

15
I never want to miss a delivery

16
I want cheap efficient delivery

17
Key Take Aways
• The retail landscape is changing
• Power has shifted towards a more demanding
consumer
• Technology is making it easier to respond to
these demands
• If you don’t do it your competitors will

18
Carrickane Consulting
Graham Merriman
graham.merriman@carrickane.com
Office: +353 1 462 3146
Mobile: +353 85 836 4677
Twitter: @gpmerriman

19

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Using the online channel to reach customers

  • 1. Using the Online Channel to reach new Customers VisionID Retail Technology City West, October 2013 1
  • 2. 4 Things You Never Knew About Online Retail • In terms of global website traffic, Amazon is ranked #11, just behind Twitter • It’s projected that by 2016, 22% of total retail sales in the UK, will take place online* • 20% of UK shoppers will buy all of their Christmas gifts online this year!** • 71% of products searched for in Ireland returned only UK based retailers*** Source: * Economic Intelligence Unit **emarketable.ie, *** Profiterio.com 2
  • 3. Are we getting our share in Ireland? “The Digital Hub has projected that, by 2017, the online consumptive economy will be valued at €21 billion in Ireland. If the trend for favouring overseas outlets for online purchases continues, however, the revenue loss to the domestic productive sectors will be immense.*” * The Digital Hub Annual Report August 2012 3
  • 4. What does Ben Dunne think? “Why bother with shops with expensive displays and staff kitted out in uniforms and high-cost refrigeration display units? The current retail model is the most expensive way of doing it.” – Ben Dunne: November 2012 4
  • 5. This is what Retailing looked like 5
  • 6. Power has shifted to the Shopper, online and offline 6
  • 7. But at the end of the day the shopper wants this Without 7
  • 8. So how can you make your customers happy? 8
  • 9. I’ve run out of milk! 9
  • 10. I want the best price: “Showrooming” 10
  • 11. I want to see “my” promotions? 11
  • 12. I’m ready to buy more! 12
  • 13. I want to buy meat online! 13
  • 14. I want my online shopping straight away 14
  • 15. I want the delivery man to find my house 15
  • 16. I never want to miss a delivery 16
  • 17. I want cheap efficient delivery 17
  • 18. Key Take Aways • The retail landscape is changing • Power has shifted towards a more demanding consumer • Technology is making it easier to respond to these demands • If you don’t do it your competitors will 18
  • 19. Carrickane Consulting Graham Merriman graham.merriman@carrickane.com Office: +353 1 462 3146 Mobile: +353 85 836 4677 Twitter: @gpmerriman 19