SlideShare a Scribd company logo
1 of 8
www.pwc.com
Retail 2014: The anytime
anywhere universe
Strictly Private
and Confidential
19 June 2014
PwC
19 June 2014
2
Retail 2014: The anytime anywhere universe • PwC
Retailers Dilemma
Bandwidth to stay engaged with the customer via text messaging, social media,
Disconnected IT systems Low space availability for online purchase Low
consumer interest in the channel
Insufficient metrics for impact
measurement Cultural barriers within teams and
geographies Low coverage of digital vehicles Lack of an cross-sell
framework
Insufficient ad agency capabilities
Capability changes to adapt to changing customer behaviour
Availability of quality data Consumer cultural barriers Opportunities to
conversion measurement Flow of customer feedback to teams
Seamless
customer experience Lack of strong analytics
framework for customer tracking
PwC
19 June 2014
The Total Retail business model
Retail 2014: The anytime anywhere universe • PwC
3
Digital execution plans will
have to go beyond ‘defining
the requirement’ and start
co-creating content and
proposition with the
consumer.
The changing role of IT in retail
The retailer has to ‘know the
customer’ and not just stop there.
She has to know the entire
ecosystem and back it with strong
consumption related analytics.
‘Accelerating execution’ will
hold the key to creating the entry
barrier. Designing the digital and
payment ecosystem as an
integral aspect of the IT
architecture will bring in the best
value to the operating model.
Know the
customer
Defining the
requirement
Accelerating
execution
‘Frugal innovation’ will
give the best chance to be
the leader in this journey.
Pilots are being seen in all
aspects including the
loyalty programme, supply
chain, reverse logistics and
payments.
Frugal
innovation
The customer has embraced digital economy in a big way to
discover, engage and transact.
PwC
19 June 2014
5
Retail 2014: The anytime anywhere universe • PwC
The ever changing portfolio
PwC
19 June 2014
6
Retail 2014: The anytime anywhere universe • PwC
M-
commerce
Technologies that are increasingly creating disruption
1
Virtual
shopping
2
Clienteling
3
Virtual
dressing
room or
magic
mirror and
the likes
4
Mobile
wallet
5
Real time
social
CRM6
Big data
analytics
7
Gamificati
on
8
PwC
19 June 2014
Agility will drive success.....
7
Retail 2014: The anytime anywhere universe • PwC
1
Understanding the rapidly evolving digital customer behaviour
2
Understanding how value is created in the digital economy in
the value chain and ecosystem
3
Adopting agile approaches to design, build and integrate
enterprise-wide social, mobile and web solutions
The information contained in this document is provided 'as is', for general guidance on matters of interest only. PricewaterhouseCoopers is not herein engaged in
rendering legal, accounting, tax, or other professional advice and services. Before making any decision or taking any action, you should consult a competent
professional advisor.
© 2014 PricewaterhouseCoopers Private Limited. All rights reserved. In this document, “PwC” refers to PricewaterhouseCoopers Private Limited (a limited
liability company in India), which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.
www.pwc.in
Rachna Nath
Retail and Consumer Leader
PwC India
rachna.nath@in.pwc.com

More Related Content

What's hot

The Digital Banking Revolution webinar by Luigi Wewege
The Digital Banking Revolution webinar by Luigi WewegeThe Digital Banking Revolution webinar by Luigi Wewege
The Digital Banking Revolution webinar by Luigi WewegeLuigi Wewege
 
Social Media in Financial Services
Social Media in Financial ServicesSocial Media in Financial Services
Social Media in Financial ServicesBackbase
 
Internet Acquision Strategy of Bankinter
Internet Acquision Strategy of BankinterInternet Acquision Strategy of Bankinter
Internet Acquision Strategy of BankinterTajan Joseph
 
Digital [Banking] Transformation in the Era of Customer Engagement
Digital [Banking] Transformation in the Era of Customer EngagementDigital [Banking] Transformation in the Era of Customer Engagement
Digital [Banking] Transformation in the Era of Customer EngagementAli Hussain
 
Eye tracking facilitates customer experience design a case study of DBS Bank ...
Eye tracking facilitates customer experience design a case study of DBS Bank ...Eye tracking facilitates customer experience design a case study of DBS Bank ...
Eye tracking facilitates customer experience design a case study of DBS Bank ...jamesbreeze
 
European bancassurance inspiration
European bancassurance inspirationEuropean bancassurance inspiration
European bancassurance inspirationSimon Bentholm
 
Predictable pipeline - Building demand gen and sales development team in Europe
Predictable pipeline - Building demand gen and sales development team in EuropePredictable pipeline - Building demand gen and sales development team in Europe
Predictable pipeline - Building demand gen and sales development team in EuropeMichael O'Connell
 
Accenture-Strategy-Future-of-Analytics-in-Devices-and-Gaming
Accenture-Strategy-Future-of-Analytics-in-Devices-and-GamingAccenture-Strategy-Future-of-Analytics-in-Devices-and-Gaming
Accenture-Strategy-Future-of-Analytics-in-Devices-and-GamingDylan Hoffman
 
Bank of the future - Scenarios for online banking for millennials
Bank of the future - Scenarios for online banking for millennialsBank of the future - Scenarios for online banking for millennials
Bank of the future - Scenarios for online banking for millennialsEnhancers
 
Transform research: The age of omnichannel banking 2015
Transform research: The age of omnichannel banking 2015Transform research: The age of omnichannel banking 2015
Transform research: The age of omnichannel banking 2015TransformUK
 
Empowering Retailers with Customer Insight
Empowering Retailers with Customer InsightEmpowering Retailers with Customer Insight
Empowering Retailers with Customer InsightShiSh Shridhar
 
Digital banking
Digital banking Digital banking
Digital banking VIPIN KP
 
Trends in Social CRM - Francois Ruf
Trends in Social CRM - Francois RufTrends in Social CRM - Francois Ruf
Trends in Social CRM - Francois RufOpenKnowledge srl
 
MY DIGITAL BANKING NIRVANA - JIM MAROUS
MY DIGITAL BANKING NIRVANA - JIM MAROUSMY DIGITAL BANKING NIRVANA - JIM MAROUS
MY DIGITAL BANKING NIRVANA - JIM MAROUSJim Marous
 
Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...
Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...
Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...Capgemini
 
Cognitive technology: putting the AI in retail
Cognitive technology: putting the AI in retailCognitive technology: putting the AI in retail
Cognitive technology: putting the AI in retailPlexure
 
Powering POS Analytics
Powering POS AnalyticsPowering POS Analytics
Powering POS AnalyticsVernon Slack
 
Accenture: Everyday Bank Infographic
Accenture: Everyday Bank InfographicAccenture: Everyday Bank Infographic
Accenture: Everyday Bank Infographicaccenture
 
NFC TLICK for retail industry
NFC TLICK  for retail industryNFC TLICK  for retail industry
NFC TLICK for retail industryJaibhima N R
 

What's hot (20)

The Digital Banking Revolution webinar by Luigi Wewege
The Digital Banking Revolution webinar by Luigi WewegeThe Digital Banking Revolution webinar by Luigi Wewege
The Digital Banking Revolution webinar by Luigi Wewege
 
Social Media in Financial Services
Social Media in Financial ServicesSocial Media in Financial Services
Social Media in Financial Services
 
Internet Acquision Strategy of Bankinter
Internet Acquision Strategy of BankinterInternet Acquision Strategy of Bankinter
Internet Acquision Strategy of Bankinter
 
Digital [Banking] Transformation in the Era of Customer Engagement
Digital [Banking] Transformation in the Era of Customer EngagementDigital [Banking] Transformation in the Era of Customer Engagement
Digital [Banking] Transformation in the Era of Customer Engagement
 
Eye tracking facilitates customer experience design a case study of DBS Bank ...
Eye tracking facilitates customer experience design a case study of DBS Bank ...Eye tracking facilitates customer experience design a case study of DBS Bank ...
Eye tracking facilitates customer experience design a case study of DBS Bank ...
 
European bancassurance inspiration
European bancassurance inspirationEuropean bancassurance inspiration
European bancassurance inspiration
 
Predictable pipeline - Building demand gen and sales development team in Europe
Predictable pipeline - Building demand gen and sales development team in EuropePredictable pipeline - Building demand gen and sales development team in Europe
Predictable pipeline - Building demand gen and sales development team in Europe
 
Future space solution_briefing
Future space solution_briefingFuture space solution_briefing
Future space solution_briefing
 
Accenture-Strategy-Future-of-Analytics-in-Devices-and-Gaming
Accenture-Strategy-Future-of-Analytics-in-Devices-and-GamingAccenture-Strategy-Future-of-Analytics-in-Devices-and-Gaming
Accenture-Strategy-Future-of-Analytics-in-Devices-and-Gaming
 
Bank of the future - Scenarios for online banking for millennials
Bank of the future - Scenarios for online banking for millennialsBank of the future - Scenarios for online banking for millennials
Bank of the future - Scenarios for online banking for millennials
 
Transform research: The age of omnichannel banking 2015
Transform research: The age of omnichannel banking 2015Transform research: The age of omnichannel banking 2015
Transform research: The age of omnichannel banking 2015
 
Empowering Retailers with Customer Insight
Empowering Retailers with Customer InsightEmpowering Retailers with Customer Insight
Empowering Retailers with Customer Insight
 
Digital banking
Digital banking Digital banking
Digital banking
 
Trends in Social CRM - Francois Ruf
Trends in Social CRM - Francois RufTrends in Social CRM - Francois Ruf
Trends in Social CRM - Francois Ruf
 
MY DIGITAL BANKING NIRVANA - JIM MAROUS
MY DIGITAL BANKING NIRVANA - JIM MAROUSMY DIGITAL BANKING NIRVANA - JIM MAROUS
MY DIGITAL BANKING NIRVANA - JIM MAROUS
 
Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...
Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...
Experience-Led Digital Banking: Getting Customers to Buy with Low Cost Digita...
 
Cognitive technology: putting the AI in retail
Cognitive technology: putting the AI in retailCognitive technology: putting the AI in retail
Cognitive technology: putting the AI in retail
 
Powering POS Analytics
Powering POS AnalyticsPowering POS Analytics
Powering POS Analytics
 
Accenture: Everyday Bank Infographic
Accenture: Everyday Bank InfographicAccenture: Everyday Bank Infographic
Accenture: Everyday Bank Infographic
 
NFC TLICK for retail industry
NFC TLICK  for retail industryNFC TLICK  for retail industry
NFC TLICK for retail industry
 

Similar to Pw c

Informe de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador onlineInforme de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador onlineMaría Bretón Gallego
 
Informes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail GlobalInformes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail GlobalPwC España
 
Download whitepaper on Digital transformation-in-banking
Download whitepaper on Digital transformation-in-bankingDownload whitepaper on Digital transformation-in-banking
Download whitepaper on Digital transformation-in-bankingHappiest Minds Technologies
 
The Next Generation of Retail - Unlocking Alibaba Retail Cloud
The Next Generation of Retail - Unlocking Alibaba Retail CloudThe Next Generation of Retail - Unlocking Alibaba Retail Cloud
The Next Generation of Retail - Unlocking Alibaba Retail CloudAlibaba Cloud
 
NRF Big Show
NRF Big ShowNRF Big Show
NRF Big ShowNurun
 
Himanshu Mishra IIT Delhi
Himanshu Mishra IIT Delhi Himanshu Mishra IIT Delhi
Himanshu Mishra IIT Delhi ING Vysya Bank
 
Accenture crm customer singularity horizon final
Accenture    crm customer singularity horizon finalAccenture    crm customer singularity horizon final
Accenture crm customer singularity horizon finalMarek Rucinski
 
Digital Transformation in Customer Service: Roadmap for Success in 2014
Digital Transformation in Customer Service: Roadmap for Success in 2014Digital Transformation in Customer Service: Roadmap for Success in 2014
Digital Transformation in Customer Service: Roadmap for Success in 2014Ajit Khadd
 
CRM for the Digital Age
CRM for the Digital AgeCRM for the Digital Age
CRM for the Digital AgeCGIBelgium
 
Insurance - Opportunities in a digital and changing world
Insurance - Opportunities in a digital and changing worldInsurance - Opportunities in a digital and changing world
Insurance - Opportunities in a digital and changing worldClaus Høyer Madsen
 
Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...
Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...
Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...Capillary Technologies
 
The last mile: The next battleground for businesses adapting to changing cons...
The last mile: The next battleground for businesses adapting to changing cons...The last mile: The next battleground for businesses adapting to changing cons...
The last mile: The next battleground for businesses adapting to changing cons...Deloitte Canada
 
Digital thinking to transform face-to-face insurance in Asia by Hugh Terry
Digital thinking to transform face-to-face insurance in Asia by Hugh TerryDigital thinking to transform face-to-face insurance in Asia by Hugh Terry
Digital thinking to transform face-to-face insurance in Asia by Hugh TerryThe Digital Insurer
 
SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...
SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...
SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...PerformanceIN
 
89% of consumers switch to a competitor after a poor CX
89% of consumers switch to a competitor after a poor CX 89% of consumers switch to a competitor after a poor CX
89% of consumers switch to a competitor after a poor CX Abhishek Sood
 
Omnichannel Engagement
Omnichannel EngagementOmnichannel Engagement
Omnichannel EngagementBankingdotcom
 
Digital Thinking in Health Insurance by Hugh Terry
Digital Thinking in Health Insurance by Hugh TerryDigital Thinking in Health Insurance by Hugh Terry
Digital Thinking in Health Insurance by Hugh TerryThe Digital Insurer
 
Big Data - How Marketing Has Revolutionised - by Sean Singleton
Big Data - How Marketing Has Revolutionised - by Sean SingletonBig Data - How Marketing Has Revolutionised - by Sean Singleton
Big Data - How Marketing Has Revolutionised - by Sean SingletonDigital Annexe
 
Adobe digital trends report 2015
Adobe digital trends report 2015Adobe digital trends report 2015
Adobe digital trends report 2015Johnny Lewis
 

Similar to Pw c (20)

Informe de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador onlineInforme de PwC sobre las expectativas y hábitos de consumo del comprador online
Informe de PwC sobre las expectativas y hábitos de consumo del comprador online
 
Informes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail GlobalInformes PwC - Encuesta Total Retail Global
Informes PwC - Encuesta Total Retail Global
 
Download whitepaper on Digital transformation-in-banking
Download whitepaper on Digital transformation-in-bankingDownload whitepaper on Digital transformation-in-banking
Download whitepaper on Digital transformation-in-banking
 
The Next Generation of Retail - Unlocking Alibaba Retail Cloud
The Next Generation of Retail - Unlocking Alibaba Retail CloudThe Next Generation of Retail - Unlocking Alibaba Retail Cloud
The Next Generation of Retail - Unlocking Alibaba Retail Cloud
 
NRF Big Show
NRF Big ShowNRF Big Show
NRF Big Show
 
Himanshu Mishra IIT Delhi
Himanshu Mishra IIT Delhi Himanshu Mishra IIT Delhi
Himanshu Mishra IIT Delhi
 
Accenture crm customer singularity horizon final
Accenture    crm customer singularity horizon finalAccenture    crm customer singularity horizon final
Accenture crm customer singularity horizon final
 
Digital Transformation in Customer Service: Roadmap for Success in 2014
Digital Transformation in Customer Service: Roadmap for Success in 2014Digital Transformation in Customer Service: Roadmap for Success in 2014
Digital Transformation in Customer Service: Roadmap for Success in 2014
 
CRM for the Digital Age
CRM for the Digital AgeCRM for the Digital Age
CRM for the Digital Age
 
Insurance - Opportunities in a digital and changing world
Insurance - Opportunities in a digital and changing worldInsurance - Opportunities in a digital and changing world
Insurance - Opportunities in a digital and changing world
 
Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...
Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...
Personalizing Customer Engagements Through Smarter Analytics And Omni-Channel...
 
The last mile: The next battleground for businesses adapting to changing cons...
The last mile: The next battleground for businesses adapting to changing cons...The last mile: The next battleground for businesses adapting to changing cons...
The last mile: The next battleground for businesses adapting to changing cons...
 
Digital thinking to transform face-to-face insurance in Asia by Hugh Terry
Digital thinking to transform face-to-face insurance in Asia by Hugh TerryDigital thinking to transform face-to-face insurance in Asia by Hugh Terry
Digital thinking to transform face-to-face insurance in Asia by Hugh Terry
 
SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...
SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...
SAAL A - 10:15 - Deciphering The Digital Ecosystem with Performance with Matt...
 
89% of consumers switch to a competitor after a poor CX
89% of consumers switch to a competitor after a poor CX 89% of consumers switch to a competitor after a poor CX
89% of consumers switch to a competitor after a poor CX
 
Smart Life Exhibition, 25th and 26th October 2016
Smart Life Exhibition, 25th and 26th October 2016Smart Life Exhibition, 25th and 26th October 2016
Smart Life Exhibition, 25th and 26th October 2016
 
Omnichannel Engagement
Omnichannel EngagementOmnichannel Engagement
Omnichannel Engagement
 
Digital Thinking in Health Insurance by Hugh Terry
Digital Thinking in Health Insurance by Hugh TerryDigital Thinking in Health Insurance by Hugh Terry
Digital Thinking in Health Insurance by Hugh Terry
 
Big Data - How Marketing Has Revolutionised - by Sean Singleton
Big Data - How Marketing Has Revolutionised - by Sean SingletonBig Data - How Marketing Has Revolutionised - by Sean Singleton
Big Data - How Marketing Has Revolutionised - by Sean Singleton
 
Adobe digital trends report 2015
Adobe digital trends report 2015Adobe digital trends report 2015
Adobe digital trends report 2015
 

More from Retailers Association of India

Robotics enabled next gen retail supply chain, grey orange
Robotics enabled next gen retail supply chain, grey orangeRobotics enabled next gen retail supply chain, grey orange
Robotics enabled next gen retail supply chain, grey orangeRetailers Association of India
 
Making retail a preferred employment choice in the digital world, deloitte
Making retail a preferred employment choice in the digital world, deloitte Making retail a preferred employment choice in the digital world, deloitte
Making retail a preferred employment choice in the digital world, deloitte Retailers Association of India
 
Supply Chain Transformation Supporting Omni-Channel Success
Supply Chain Transformation Supporting Omni-Channel SuccessSupply Chain Transformation Supporting Omni-Channel Success
Supply Chain Transformation Supporting Omni-Channel SuccessRetailers Association of India
 
Unveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With AutomationUnveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With AutomationRetailers Association of India
 
Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks
Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks
Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks Retailers Association of India
 
Deepak Pargaonkar, Director - Sales Engineering, Salesforce.com
Deepak Pargaonkar, Director - Sales Engineering, Salesforce.comDeepak Pargaonkar, Director - Sales Engineering, Salesforce.com
Deepak Pargaonkar, Director - Sales Engineering, Salesforce.comRetailers Association of India
 
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that WorkRetailers Association of India
 
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that WorkRetailers Association of India
 

More from Retailers Association of India (20)

Har Ghar Tiranga
Har Ghar TirangaHar Ghar Tiranga
Har Ghar Tiranga
 
Har Ghar Tiranga
Har Ghar Tiranga Har Ghar Tiranga
Har Ghar Tiranga
 
Robotics enabled next gen retail supply chain, grey orange
Robotics enabled next gen retail supply chain, grey orangeRobotics enabled next gen retail supply chain, grey orange
Robotics enabled next gen retail supply chain, grey orange
 
Making retail a preferred employment choice in the digital world, deloitte
Making retail a preferred employment choice in the digital world, deloitte Making retail a preferred employment choice in the digital world, deloitte
Making retail a preferred employment choice in the digital world, deloitte
 
Game changer session by dr. a. velumani, thyrocare
Game changer session by dr.  a. velumani, thyrocareGame changer session by dr.  a. velumani, thyrocare
Game changer session by dr. a. velumani, thyrocare
 
Decoding the digital consumer, bcg
Decoding the digital consumer, bcgDecoding the digital consumer, bcg
Decoding the digital consumer, bcg
 
Accenture
AccentureAccenture
Accenture
 
Supply Chain Transformation Supporting Omni-Channel Success
Supply Chain Transformation Supporting Omni-Channel SuccessSupply Chain Transformation Supporting Omni-Channel Success
Supply Chain Transformation Supporting Omni-Channel Success
 
Reimagining Retail in the Age of the Shopper
Reimagining Retail in the Age of the ShopperReimagining Retail in the Age of the Shopper
Reimagining Retail in the Age of the Shopper
 
Unveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With AutomationUnveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With Automation
 
ReTechCon 2016 - Brochure
ReTechCon 2016 - BrochureReTechCon 2016 - Brochure
ReTechCon 2016 - Brochure
 
Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks
Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks
Santhosh Sagar Reddy, India Retail Practice, ThoughtWorks
 
IGNITE - Ship2myID
IGNITE - Ship2myIDIGNITE - Ship2myID
IGNITE - Ship2myID
 
How SAP is Pushing The Digital Commerce Envelope
How SAP is Pushing The Digital Commerce EnvelopeHow SAP is Pushing The Digital Commerce Envelope
How SAP is Pushing The Digital Commerce Envelope
 
PwC - Retailing in the Digital Era
PwC - Retailing in the Digital EraPwC - Retailing in the Digital Era
PwC - Retailing in the Digital Era
 
Deepak Pargaonkar, Director - Sales Engineering, Salesforce.com
Deepak Pargaonkar, Director - Sales Engineering, Salesforce.comDeepak Pargaonkar, Director - Sales Engineering, Salesforce.com
Deepak Pargaonkar, Director - Sales Engineering, Salesforce.com
 
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
 
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
2015 India Retail e-Marketing Research – Retail Marketing Initiatives that Work
 
The Rise of the ‘Deletist’ Consumer
The Rise of the ‘Deletist’ ConsumerThe Rise of the ‘Deletist’ Consumer
The Rise of the ‘Deletist’ Consumer
 
NASSCOM Address
NASSCOM AddressNASSCOM Address
NASSCOM Address
 

Recently uploaded

Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779Delhi Call girls
 
The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyTinuiti
 
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779Delhi Call girls
 
Dubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls DubaiDubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls Dubaikojalkojal131
 
Korba Call Girls #9907093804 Contact Number Escorts Service Korba
Korba Call Girls #9907093804 Contact Number Escorts Service KorbaKorba Call Girls #9907093804 Contact Number Escorts Service Korba
Korba Call Girls #9907093804 Contact Number Escorts Service Korbasrsj9000
 
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call GirlIndian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call GirlAroojKhan71
 
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779Delhi Call girls
 
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai WhsatappFilm= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatappkojalkojal131
 
Supermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdfSupermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdfKarliNelson4
 
The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyKatherineBishop4
 

Recently uploaded (11)

Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
 
The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing Study
 
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
 
Dubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls DubaiDubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls Dubai
 
Korba Call Girls #9907093804 Contact Number Escorts Service Korba
Korba Call Girls #9907093804 Contact Number Escorts Service KorbaKorba Call Girls #9907093804 Contact Number Escorts Service Korba
Korba Call Girls #9907093804 Contact Number Escorts Service Korba
 
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call GirlIndian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
 
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
 
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai WhsatappFilm= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
 
Supermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdfSupermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdf
 
Model Call Girl in Yamuna Vihar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in  Yamuna Vihar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in  Yamuna Vihar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Yamuna Vihar Delhi reach out to us at 🔝9953056974🔝
 
The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing Study
 

Pw c

  • 1. www.pwc.com Retail 2014: The anytime anywhere universe Strictly Private and Confidential 19 June 2014
  • 2. PwC 19 June 2014 2 Retail 2014: The anytime anywhere universe • PwC Retailers Dilemma Bandwidth to stay engaged with the customer via text messaging, social media, Disconnected IT systems Low space availability for online purchase Low consumer interest in the channel Insufficient metrics for impact measurement Cultural barriers within teams and geographies Low coverage of digital vehicles Lack of an cross-sell framework Insufficient ad agency capabilities Capability changes to adapt to changing customer behaviour Availability of quality data Consumer cultural barriers Opportunities to conversion measurement Flow of customer feedback to teams Seamless customer experience Lack of strong analytics framework for customer tracking
  • 3. PwC 19 June 2014 The Total Retail business model Retail 2014: The anytime anywhere universe • PwC 3
  • 4. Digital execution plans will have to go beyond ‘defining the requirement’ and start co-creating content and proposition with the consumer. The changing role of IT in retail The retailer has to ‘know the customer’ and not just stop there. She has to know the entire ecosystem and back it with strong consumption related analytics. ‘Accelerating execution’ will hold the key to creating the entry barrier. Designing the digital and payment ecosystem as an integral aspect of the IT architecture will bring in the best value to the operating model. Know the customer Defining the requirement Accelerating execution ‘Frugal innovation’ will give the best chance to be the leader in this journey. Pilots are being seen in all aspects including the loyalty programme, supply chain, reverse logistics and payments. Frugal innovation The customer has embraced digital economy in a big way to discover, engage and transact.
  • 5. PwC 19 June 2014 5 Retail 2014: The anytime anywhere universe • PwC The ever changing portfolio
  • 6. PwC 19 June 2014 6 Retail 2014: The anytime anywhere universe • PwC M- commerce Technologies that are increasingly creating disruption 1 Virtual shopping 2 Clienteling 3 Virtual dressing room or magic mirror and the likes 4 Mobile wallet 5 Real time social CRM6 Big data analytics 7 Gamificati on 8
  • 7. PwC 19 June 2014 Agility will drive success..... 7 Retail 2014: The anytime anywhere universe • PwC 1 Understanding the rapidly evolving digital customer behaviour 2 Understanding how value is created in the digital economy in the value chain and ecosystem 3 Adopting agile approaches to design, build and integrate enterprise-wide social, mobile and web solutions
  • 8. The information contained in this document is provided 'as is', for general guidance on matters of interest only. PricewaterhouseCoopers is not herein engaged in rendering legal, accounting, tax, or other professional advice and services. Before making any decision or taking any action, you should consult a competent professional advisor. © 2014 PricewaterhouseCoopers Private Limited. All rights reserved. In this document, “PwC” refers to PricewaterhouseCoopers Private Limited (a limited liability company in India), which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity. www.pwc.in Rachna Nath Retail and Consumer Leader PwC India rachna.nath@in.pwc.com