KEY TRENDS IMPACTING THE MULTI-
CHANNEL RETAIL ENVIRONMENT
A presentation by Sarah Willcocks
Screen Pages | A Magento Professional Partner
Agenda
Screen Pages intro & background
Examples of our work
Key trends
Conclusions
Screen Pages | A Magento Professional Partner
Screen Pages
key facts
UK based, privately owned, profitable business
Proven track record in lifestyle, fashion, charity and B2B verticals
All staff are certified on Magento 1 and trained on Magento 2
300+ e-commerce websites since 1997
Substantial collective eCommerce website experience (ca. 100 yrs)
Screen Pages | A Magento Professional Partner
Key trends
Screen Pages | A Magento Professional Partner
Trends
Mobile first
Personalised shopping experiences
User generated content
Social shopping
Live chat and chatbots
Customer engagement
Goodbye wallet
Uberisation of shipping and returns
In the last decade we went from going online to
living online.
Screen Pages | A Magento Professional Partner
You need a mobile
first strategy
Most emails are opened on mobile
53% of searches are now conducted on mobile (Google)
By 2020, 82% of e-commerce sales will involve a mobile device
(Google)
Many of our clients are seeing more than 40% of their overall traffic
coming from mobile already
If your site is not mobile friendly, it affects your rankings in the
search engines
“Mobile is the glue between our digital and physical universe” (House of Fraser)
“Mobile plays a part in every single customer journey” (New Look)
Screen Pages | A Magento Professional Partner
Personalised experiences
Millennials don’t want to buy a product, they want “their” product
Every visit should be unique to each shopper based on the following:-
ď‚§ Current and previous user journeys
ď‚§ Demographic group
ď‚§ Geographical location
ď‚§ Device type
Screen Pages | A Magento Professional Partner
Personalised product
Screen Pages | A Magento Professional Partner
Embossing/engraving
Screen Pages | A Magento Professional Partner
Personalised shopping
Screen Pages | A Magento Professional Partner
Screen Pages | A Magento Professional Partner
Based on individual preferences
Screen Pages | A Magento Professional Partner
User generated
content
92% of users regularly read product reviews and comments
Modern consumers are demanding more from brands than
ever before
ď‚§ Product reviews and ratings
ď‚§ Images, video, etc.
ď‚§ Sizing information
Screen Pages | A Magento Professional Partner
User generated content (Olapic)
Screen Pages | A Magento Professional Partner
Video
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Reviews & ratings
Screen Pages | A Magento Professional Partner
Social shopping
Screen Pages | A Magento Professional Partner
Social shopping
Image source: Google
Screen Pages | A Magento Professional Partner
Facebook
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Instagram
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Pinterest
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Live chat &
chatbots
In 2017, many consumers will have their first chat with a chatbot
Live chat users spend an average of 5-30% more
Conversion rate is 5 to 10 times higher following a chat session
Screen Pages | A Magento Professional Partner
Live chat
Screen Pages | A Magento Professional Partner
It’s not just for
the big guys
either
Screen Pages | A Magento Professional Partner
What’s a chatbot?
Screen Pages | A Magento Professional Partner
Chatbots
Screen Pages | A Magento Professional Partner
Kik
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Kik on H&M
Screen Pages | A Magento Professional Partner
Customer engagement
Loyalty programmes
Referral programmes
“In a world of infinite choice, customers are
increasingly craving shopping experiences where
they feel valued”
Screen Pages | A Magento Professional Partner
Van-Dal
Screen Pages | A Magento Professional Partner
Perfect Cellar
Screen Pages | A Magento Professional Partner
Let them choose how
to be rewarded
Screen Pages | A Magento Professional Partner
Show them
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Mention Me
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Share by email
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Facebook
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And Twitter
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Bye-bye wallet and cash
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M-commerce
A multitude of choices
ď‚§ Consumer to business payments (via traditional payment
gateways)
ď‚§ In store mobile payments using Near Field
Communication (NFC)
ď‚§ QR codes, SMS payments, Quick codes, Feature codes
(non-NFC)
Android-based smartphones will dominate the market
Screen Pages | A Magento Professional Partner
Android vs. Apple (Ovum)
Screen Pages | A Magento Professional Partner
The current leaders
Screen Pages | A Magento Professional Partner
Uberisation of shipping
Free shipping
Free returns (collected from your chosen location)
Nominated delivery date and time
Same day/1 hour delivery service
Collect/return in store
“Fulfilment is a major battleground, ushering in new models”
(Ovum)
Screen Pages | A Magento Professional Partner
Click and collect
In the UK, the value of goods collected in store is expected to rise by 78
percent by 2020, as shown in Figure 1, with the value of goods being picked
up from lockers, convenience stores and other locations increasing threefold.
(Ovum)
Screen Pages | A Magento Professional Partner
Convenience for the customer
Screen Pages | A Magento Professional Partner
Free delivery worldwide
Screen Pages | A Magento Professional Partner
Delivery choices
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Nominated day delivery
Screen Pages | A Magento Professional Partner
Summary
Think mobile first
Understand your customer data - what do your current customers want?
What can they get from your competitors?
What do millennials and generation Z consumers want?
Create a unique and personal brand experience
Text box in here
THANK YOU FOR LISTENING

Key trends impacting multi channel retail 2017

  • 1.
    KEY TRENDS IMPACTINGTHE MULTI- CHANNEL RETAIL ENVIRONMENT A presentation by Sarah Willcocks
  • 2.
    Screen Pages |A Magento Professional Partner Agenda Screen Pages intro & background Examples of our work Key trends Conclusions
  • 3.
    Screen Pages |A Magento Professional Partner Screen Pages key facts UK based, privately owned, profitable business Proven track record in lifestyle, fashion, charity and B2B verticals All staff are certified on Magento 1 and trained on Magento 2 300+ e-commerce websites since 1997 Substantial collective eCommerce website experience (ca. 100 yrs)
  • 4.
    Screen Pages |A Magento Professional Partner
  • 5.
  • 6.
    Screen Pages |A Magento Professional Partner Trends Mobile first Personalised shopping experiences User generated content Social shopping Live chat and chatbots Customer engagement Goodbye wallet Uberisation of shipping and returns
  • 7.
    In the lastdecade we went from going online to living online.
  • 8.
    Screen Pages |A Magento Professional Partner You need a mobile first strategy Most emails are opened on mobile 53% of searches are now conducted on mobile (Google) By 2020, 82% of e-commerce sales will involve a mobile device (Google) Many of our clients are seeing more than 40% of their overall traffic coming from mobile already If your site is not mobile friendly, it affects your rankings in the search engines “Mobile is the glue between our digital and physical universe” (House of Fraser) “Mobile plays a part in every single customer journey” (New Look)
  • 9.
    Screen Pages |A Magento Professional Partner Personalised experiences Millennials don’t want to buy a product, they want “their” product Every visit should be unique to each shopper based on the following:-  Current and previous user journeys  Demographic group  Geographical location  Device type
  • 10.
    Screen Pages |A Magento Professional Partner Personalised product
  • 11.
    Screen Pages |A Magento Professional Partner Embossing/engraving
  • 12.
    Screen Pages |A Magento Professional Partner Personalised shopping
  • 13.
    Screen Pages |A Magento Professional Partner
  • 14.
    Screen Pages |A Magento Professional Partner Based on individual preferences
  • 15.
    Screen Pages |A Magento Professional Partner User generated content 92% of users regularly read product reviews and comments Modern consumers are demanding more from brands than ever before ď‚§ Product reviews and ratings ď‚§ Images, video, etc. ď‚§ Sizing information
  • 16.
    Screen Pages |A Magento Professional Partner User generated content (Olapic)
  • 17.
    Screen Pages |A Magento Professional Partner Video
  • 18.
    Screen Pages |A Magento Professional Partner Reviews & ratings
  • 19.
    Screen Pages |A Magento Professional Partner Social shopping
  • 20.
    Screen Pages |A Magento Professional Partner Social shopping Image source: Google
  • 21.
    Screen Pages |A Magento Professional Partner Facebook
  • 22.
    Screen Pages |A Magento Professional Partner Instagram
  • 23.
    Screen Pages |A Magento Professional Partner Pinterest
  • 24.
    Screen Pages |A Magento Professional Partner Live chat & chatbots In 2017, many consumers will have their first chat with a chatbot Live chat users spend an average of 5-30% more Conversion rate is 5 to 10 times higher following a chat session
  • 25.
    Screen Pages |A Magento Professional Partner Live chat
  • 26.
    Screen Pages |A Magento Professional Partner It’s not just for the big guys either
  • 27.
    Screen Pages |A Magento Professional Partner What’s a chatbot?
  • 28.
    Screen Pages |A Magento Professional Partner Chatbots
  • 29.
    Screen Pages |A Magento Professional Partner Kik
  • 30.
    Screen Pages |A Magento Professional Partner Kik on H&M
  • 31.
    Screen Pages |A Magento Professional Partner Customer engagement Loyalty programmes Referral programmes “In a world of infinite choice, customers are increasingly craving shopping experiences where they feel valued”
  • 32.
    Screen Pages |A Magento Professional Partner Van-Dal
  • 33.
    Screen Pages |A Magento Professional Partner Perfect Cellar
  • 34.
    Screen Pages |A Magento Professional Partner Let them choose how to be rewarded
  • 35.
    Screen Pages |A Magento Professional Partner Show them
  • 36.
    Screen Pages |A Magento Professional Partner Mention Me
  • 37.
    Screen Pages |A Magento Professional Partner Share by email
  • 38.
    Screen Pages |A Magento Professional Partner Facebook
  • 39.
    Screen Pages |A Magento Professional Partner And Twitter
  • 40.
    Screen Pages |A Magento Professional Partner Bye-bye wallet and cash
  • 41.
    Screen Pages |A Magento Professional Partner M-commerce A multitude of choices ď‚§ Consumer to business payments (via traditional payment gateways) ď‚§ In store mobile payments using Near Field Communication (NFC) ď‚§ QR codes, SMS payments, Quick codes, Feature codes (non-NFC) Android-based smartphones will dominate the market
  • 42.
    Screen Pages |A Magento Professional Partner Android vs. Apple (Ovum)
  • 43.
    Screen Pages |A Magento Professional Partner The current leaders
  • 44.
    Screen Pages |A Magento Professional Partner Uberisation of shipping Free shipping Free returns (collected from your chosen location) Nominated delivery date and time Same day/1 hour delivery service Collect/return in store “Fulfilment is a major battleground, ushering in new models” (Ovum)
  • 45.
    Screen Pages |A Magento Professional Partner Click and collect In the UK, the value of goods collected in store is expected to rise by 78 percent by 2020, as shown in Figure 1, with the value of goods being picked up from lockers, convenience stores and other locations increasing threefold. (Ovum)
  • 46.
    Screen Pages |A Magento Professional Partner Convenience for the customer
  • 47.
    Screen Pages |A Magento Professional Partner Free delivery worldwide
  • 48.
    Screen Pages |A Magento Professional Partner Delivery choices
  • 49.
    Screen Pages |A Magento Professional Partner Nominated day delivery
  • 50.
    Screen Pages |A Magento Professional Partner Summary Think mobile first Understand your customer data - what do your current customers want? What can they get from your competitors? What do millennials and generation Z consumers want? Create a unique and personal brand experience
  • 51.
    Text box inhere THANK YOU FOR LISTENING