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Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Learn more about the ways digital is shaping the future of the
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Painting the Digital Future of Retail and Consumer Goods Companies in the U.S.

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To help unlock trillions in potential profit over the next decade, retail and consumer goods leaders in the U.S. must turn up the digital technology dial in order to meet rapidly changing market needs.

Published in: Retail
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Painting the Digital Future of Retail and Consumer Goods Companies in the U.S.

  1. 1. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.United States
  2. 2. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. DIGITAL IS REINVENTING THE PURCHASING EXPERIENCE The retail and consumer goods industries will change more in the next 10 years than they have over the past 40. One prime force is responsible – digitalization.
  3. 3. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. NEW BUSINESS MODELS ARE EMERGING With a shift in consumer spending from products to services, the retail industry is likely to see greater value migration (from one company or business model to another) than value addition. Adapting business models to accommodate these new trends could be highly profitable. • A digital wave could bring a cumulative US $2.95 trillion in value to the retail industry by 2025.
  4. 4. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. WHAT WILL THESE NEW MODELS LOOK LIKE? SHARING ECONOMY Convenience and experience over ownership, at a fraction of the price. In the U.S., 37% of consumers say they’d use a rental subscription for clothing, renting an item for an occasion and returning it after, instead of purchasing it outright. NEXT GENERATION RENTAL MARKET
  5. 5. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Expertly curated products tailored to the individual and automatically delivered. In the U.S., 32% of consumers say they'd use this subscription for clothing, where an expert personally selects items you might like based on previous purchases. WHAT WILL THESE NEW MODELS LOOK LIKE? PERSONALIZATION ECONOMY ’SURPRISE ME’ SUBSCRIPTIONS
  6. 6. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Smart sensors detect when a product is running low and automatically re-orders and delivers it. In the U.S., 47% of consumers would use auto-replenishment for household goods like detergent. In the U.S., 43% of consumers would consider this model for fresh food items. WHAT WILL THESE NEW MODELS LOOK LIKE? REPLENISHMENT ECONOMY AUTO-REPLENISHMENT
  7. 7. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Services are outsourced so someone else does the heavy lifting. In the U.S., 35% of consumers would use this service for their laundry – pick-up, wash-and- fold, and delivered back to their door. WHAT WILL THESE NEW MODELS LOOK LIKE? SERVICES ECONOMY ’DO IT FOR ME’
  8. 8. Learn more about the ways digital is shaping the future of the retail and consumer goods industries with our full report: @AccentureStrat Follow us on LinkedIn Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Painting the digital future of retail and consumer goods companies JOIN THE CONVERSATION:

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