All retailers are looking for ways to delight customers by satisfying needs that have not existed before. For retailers embracing online channels, digital marketing, loyalty, and store innovation, the challenge of turning uncertainty into results has never been greater.
Ruth Harrison is a leading luxury brand specialist with over 25 years experience, working in senior positions for brands such as Selfridges, Crabtree & Evelyn, Coach, Estée Lauder, and The Body Shop.
Ruth shares insights on how large international brands blend disruptive thinking, and a culture of experimentation, to deliver value to your customer sooner.
10 Retailers Win 2014 Channel Innovation Awards
For the fourth year, Retail TouchPoints is proud to present the Channel Innovation Awards. This award program is designed to honor retailers who are achieving cross-channel success in today’s challenging retail environment.
This year’s 10 winners run the gamut of industry segments, from apparel and toys to wine and home improvement products. They are both U.S. and internationally based retail companies. Most of the winners are selling their products via both brick-and-mortar and e-Commerce web sites, in addition to mobile web sites and other channels.
The 2014 winners’ latest efforts are centered on improving the business through targeted channel strategies. Those strategies feature in-store mobile and digital technology innovations; social media efforts; personalization programs and more. All winners are successfully integrating the benefits of successful channel marketing and services to their customers, and delivering impressive results.
2014 Retail TouchPoints Channel Innovation Award Winners include:
Platinum winners:
-Stage Stores
-Clarks Footwear
Gold winners:
-bebe
-Build.com
Silver winners:
-Toys R Us Canada
-Kidrobot
-Sears
Bronze winners:
-B&H Photo
-Wine Enthusiast
-Country Club Prep
Integrated Marketing Communications Campaign:
- Proposed brand positioning, product offerings, and detailed implementation methods for a client's new business venture
- Completed for the course ADV4800 at the University of Florida
- The team for which I was the Group Lead/Account Executive won Best Strategic Plan
10 Retailers Win 2014 Channel Innovation Awards
For the fourth year, Retail TouchPoints is proud to present the Channel Innovation Awards. This award program is designed to honor retailers who are achieving cross-channel success in today’s challenging retail environment.
This year’s 10 winners run the gamut of industry segments, from apparel and toys to wine and home improvement products. They are both U.S. and internationally based retail companies. Most of the winners are selling their products via both brick-and-mortar and e-Commerce web sites, in addition to mobile web sites and other channels.
The 2014 winners’ latest efforts are centered on improving the business through targeted channel strategies. Those strategies feature in-store mobile and digital technology innovations; social media efforts; personalization programs and more. All winners are successfully integrating the benefits of successful channel marketing and services to their customers, and delivering impressive results.
2014 Retail TouchPoints Channel Innovation Award Winners include:
Platinum winners:
-Stage Stores
-Clarks Footwear
Gold winners:
-bebe
-Build.com
Silver winners:
-Toys R Us Canada
-Kidrobot
-Sears
Bronze winners:
-B&H Photo
-Wine Enthusiast
-Country Club Prep
Integrated Marketing Communications Campaign:
- Proposed brand positioning, product offerings, and detailed implementation methods for a client's new business venture
- Completed for the course ADV4800 at the University of Florida
- The team for which I was the Group Lead/Account Executive won Best Strategic Plan
Radius shopper marketing - the full storyJohn Storey
1. What is shopper marketing all about?
2. The retailer
3. Shopper Vs. Consumer
4.1. Shopper ergonomics
4.2. Shopper behaviour
5. Great shopper marketing
6. Shopper research
Omnichannel IS:
A commitment to delivering a seamless, compelling and personalized shopper experience, regardless of where or how your customer is engaged with you
Implementing Customer Strategy For Your Organization Complete DeckSlideTeam
Download our Customer Strategy PowerPoint presentation to understand your target customer better and deliver better value to them. Customer is the king. If any business is successful in making customers happy, it will grow quickly. Making customers happy is easier said than done. You first have to get a complete knowledge of their demographics age, gender, income, etc., psychographics interests, attitudes, etc., geography and behavior. You then have to dig deeper to know their shopping preferences, media consumption behavior, their buying journey, and more. You need to know what makes them loyal to a brand. To help your business give shape to your research findings, we have curated all consumer centric templates such as customer persona template, buyer journey template, customer segmentation template, etc. in this PPT deck. Get thorough understanding of target market and concepts of TAM, SAM, and SOM. Make yourself aware of the customer success metrics that you need to measure to know the customers satisfaction level with your business. Make a powerful customer service strategy by downloading the ready-made deck today. https://bit.ly/3eDOTaN
Radius shopper marketing - the full storyJohn Storey
1. What is shopper marketing all about?
2. The retailer
3. Shopper Vs. Consumer
4.1. Shopper ergonomics
4.2. Shopper behaviour
5. Great shopper marketing
6. Shopper research
Omnichannel IS:
A commitment to delivering a seamless, compelling and personalized shopper experience, regardless of where or how your customer is engaged with you
Implementing Customer Strategy For Your Organization Complete DeckSlideTeam
Download our Customer Strategy PowerPoint presentation to understand your target customer better and deliver better value to them. Customer is the king. If any business is successful in making customers happy, it will grow quickly. Making customers happy is easier said than done. You first have to get a complete knowledge of their demographics age, gender, income, etc., psychographics interests, attitudes, etc., geography and behavior. You then have to dig deeper to know their shopping preferences, media consumption behavior, their buying journey, and more. You need to know what makes them loyal to a brand. To help your business give shape to your research findings, we have curated all consumer centric templates such as customer persona template, buyer journey template, customer segmentation template, etc. in this PPT deck. Get thorough understanding of target market and concepts of TAM, SAM, and SOM. Make yourself aware of the customer success metrics that you need to measure to know the customers satisfaction level with your business. Make a powerful customer service strategy by downloading the ready-made deck today. https://bit.ly/3eDOTaN
Intranet & Digital Workplace Gold Dust (by Infocentric)Philipp Rosenthal
Key learnings of 5 years in the field of intranet and digital workplace. Assembled by Philipp Rosenthal and Richard Gledhill, both Principals at Infocentric in Switzerland
Whilst some disagree, inflight retail has proven to be a hugely effective sales and marketing channel. Indeed, brand builiding and recognition may be significantly enhanced inflight.
Ruth Harrison revisits the case for the luxury brands to take to the skies once more.
A New Digital Customer Centric Ecosystem | Vincent Dempsey, GM of Digital, Vo...Thoughtworks
As the new GM of Digital at Vodafone, Vinnie has an ambitious mission to revamp and transform their digital ecosystem.
Vinnie and Tiff will take you through Vodafone’s digital transformation journey, full of technical constraints, siloed platforms and teams, KPI hurdles, cultural clashes and volatility up and down the value stream… along with incredible wins along the way.
If you're in the discovery or consideration phase of testing out a new ecommerce platform, this basic use case provides the groundwork for how to ensure all internal stakeholders are informed and all needs met.
Transform research: The age of omnichannel banking 2015TransformUK
The death and destruction of traditional bank branches caused by digital and changing customer dynamics is widely foretold.
But even digital natives are dual citizens of the physical world. Branch location is still customers’ strongest reason for switching current account and retail customers still want branches for important elements of sales and service.
Retail is increasingly moving towards Omnichannel; enabling customers to do business on whatever mix of channels they choose. How channels are integrated is becoming as important as what channels are available.
This has big implications for banks. Too often today, it is almost as if the digital and bank branch experience is designed and built by different companies. In the future, digital will underpin how banks deliver great customer experiences across channels.
In this report we explore what drives the shift towards Omnichannel, how banks are performing today and a vision for Omnichannel banking in the future.
Marketing PlanBy Tara SeitlerThe Gap Company 1.docxinfantsuk
Marketing Plan
By: Tara Seitler
The Gap Company
1
1
Agenda
Current Marketing Situation
Market Description
Product Review
Competitive Review
Distribution Review
SWOT Analysis
Micro-environments
Macro-environments
2
Current Marketing Situation
Market Description
Target Market
Market Targeting strategy
Value proposition – The Gap Company
Consumer behavior
Buyer decision principles
3
Target Market
GAP is a brand-builder.
We create emotional connections with customers around the world through inspiring product design, unique store experiences and compelling marketing.
It’s goal is to simply make it easy for customers to express their personal style throughout their life.
GAP hoped that effective Web initiative could let company to solidify its brand, improve customer relationships, serve markets that could not support a store and cut costs.
Company also believed that going online would attract new customers and steal market share from competitors.
4
Target Market- Segmentation
Target Section of Market
Residential,
Non-residential,
Mobility and
Personal
Buyers Category
Upper middle and upper class individuals
5
Marketing Strategy
Marketing objective is to create a perception in the mind of the customer about the product.
Build image of product as a different product through adopting the strategy of differentiation of porter
Restructure the business
6
Restructure Business
Transform business management focusing on from quantity to profitability
Reduce fixed cost and downsize business structure to fair size
TV set business
Product
Create competitive products on its strength
Cost structure
Thoroughly improve cost structure
Restructuring
Completion of domestic sites integration and acceleration of overseas sites restructuring
7
Pricing Decision and Strategy
Keep Retailer and Customer pricing strategies different
Captive Product Pricing
The company makes its pricing strategies by having the knowledge of its competitor`s pricing
We can include USB connectivity devices
We can include Home Theatre along with
The prices of these accessories are kept relatively than other brands.
8
Sale Strategy
Sale Strategy - Sale Through
Manufacturer whole seller/dealer consumer
Sale Out (Sales To the retailer)
Manufacturer (company) Authorized Dealers
9
Sale Through
Whole seller/retailers are the customers of manufacturers, manufacturers sell their products to the Whole seller and indirectly (through retailer) to the end consumers.
This process of selling is called “Sale Through”
Sale Out :
The company will sell the products to the retailers which are actually the customers of the Company.
There will be no medium used between the company and the retailer.
This procedure of selling is called “Sale Out”
9
Value Proposition
They are predicated value proposition from the mindset of your custome ...
Sustainability as a differentiating factor for brands and companiesInterbrand London
In November 2015, Interbrand, the world's leading brand consultancy, participated in the World Textile Summit. Paula Oliveira from Interbrand London explored how companies can differentiate themselves from their competitors through their commitment to sustainability and build a unique identity that will attract customers.
Why Omnichannel Success Starts with Customer Empathy
RIS News and Cognizant examine the likes and dislikes of 5,300 shoppers to help retailers prioritize investments that range from in-store and online interactions to omnichannel integration and flexible fulfillment. The study finds gaps where retailers are underutilizing their capabilities and uncovers practical tips and methods to close them.
SEND15 | The Customer Journey in a Digital World: One customer. Many journeys...Contactlab
Intervento di Ivano Fossati - Director Business Development EMEA CoE SAP Hybris - nella breakout Drive Customers to your Brand | SEND15, secondo Open Summit di ContactLab
How To Segment And Target The Right Customer PowerPoint Presentation SlidesSlideTeam
This complete presentation has PPT slides on wide range of topics highlighting the core areas of your business needs. It has professionally designed templates with relevant visuals and subject driven content. This presentation deck has total of fifty eight slides. Get access to the customizable templates. Our designers have created editable templates for your convenience. You can edit the colour, text and font size as per your need. You can add or delete the content if required. You are just a click to away to have this ready-made presentation. Click the download button now. https://bit.ly/3fSsHKZ
Advertising on internet webinar by_kiran_mandrawadkar_9886733833Kiran Mandrawadkar
Online advertising, also known as online marketing, Internet advertising, digital advertising or web advertising, is a form of marketing and advertising which uses the Internet to deliver promotional marketing messages to consumers. online advertising frequently involves a publisher, who integrates advertisements into its online content, and an advertiser, who provides the advertisements to be displayed on the publisher's content.
Conversant what the bleep does personalized marketing really meanConversant, Inc.
Outlines the essential components of a personalized marketing strategy and solution. Simplifies the process of identifying the right approach to personalization for any brand.
How to Succeed Across Channels with Omnichannel MarketingTinuiti
Scaling your Direct-to-Consumer (D2C) brand requires an ever-growing toolbox, which includes first-party data, lifecycle tools like SMS messaging and loyalty programs, buttoned-up fulfillment and omnichannel marketing strategies, and a keen understanding of ecommerce trends.
The good news? Our subject matter experts, plus experts from across the industry, shared all the knowledge you need to grow and scale your D2C business in 2022.
Inside Retail Academy: Managing Marketing in a Multi Channel Retail EnvironmentACRSMonash
The ACRS team attended Inside Retail Academy’s one day intensive workshop, 'Managing marketing in a multi channel retail environment'. The workshop focused on modern marketing in a fast paced, technology fueled, ever-evolving retail environment.
Discover the strategies to forge authentic connections, drive sales, and boost brand awareness, even in challenging economic downturns. Unleash the power of genuine brand listening and captivate your audience with compelling content that resonates deeply. Learn the art of storytelling and emotional appeal to build unwavering trust. But it doesn't end there. Tap into the astonishing possibilities of brand listening. Identify customer needs, unlock untapped opportunities, and fuel unstoppable growth. Harness the energy of recessions to elevate your brand to new heights. Join us for an electrifying showcase of strategies to skyrocket your brand awareness, even in tough times. Engage, connect, and build a legion of loyal brand advocates through active listening.Ignite explosive discussions in our interactive session. Lead the revolution and rewrite the marketing playbook. Reshape the narrative, generate unparalleled sales, and establish your brand as an unstoppable force. Get ready to revolutionize your marketing and embark on a thrilling journey to success!
Key Takeaways:
Authenticity Reigns Supreme: In the age of deceptive tactics, it's essential to prioritize authenticity in your marketing strategy. Craft compelling content that resonates with your audience, leveraging storytelling and emotional appeal to build trust and genuine connections. Embrace Brand Listening: Unlock the transformative power of brand listening. By actively listening to your audience, you can gain deep insights into their needs, pain points, and desires. Use this knowledge to identify opportunities, innovate, and tailor your offerings to exceed customer expectations.Uncover Hidden Opportunities: Recessions provide a unique environment for uncovering hidden opportunities. With brand listening, you can identify untapped markets, pivot your offerings, and explore new avenues for growth. Embrace the challenges and turn them into stepping stones for success. Elevate Brand Awareness: Stand out from the crowd even in tough times by focusing on brand awareness. Engage with your audience, build relationships, and foster loyalty through active listening. By understanding your customers better, you can create targeted and impactful brand messaging that cuts through the noise.Lead the Content Revolution: Be a pioneer in the content revolution by prioritizing authenticity and genuine connections. Break away from manipulative tactics and embrace transparent communication. Let your brand values and purpose shine through, inspiring trust and long-term customer loyalty.Collaborative Dialogue: Foster a culture of collaboration and open dialogue within your marketing efforts. Engage in interactive discussions, seek feedback, and continuously adapt your strategies based on customer insights. By listening to your audience and valuing their opinions, you can create a feedback loop that fuels ongoing success.
Top Ways To Reach Your Target Audience PowerPoint Presentation SlidesSlideTeam
Top Ways To Reach Your Target Audience PowerPoint Presentation Slides is a gripping way to present your customer strategy. Using our effective target marketing PPT theme you can showcase the buyer persona to portray the target market segment. Depict your B2B or B2C market based on geographic, psychographic, and behavioral parameters through this consumer strategy PowerPoint presentation. Illustrate marketing targeting options like micro-market, niche market, differentiated market, and mass-market via our increasing customer reach PPT deck. Methods used to target and address audience PowerPoint themes are useful for marketers to present a step-by-step customer strategy. Strong data visualization tools included in this marketing strategy PPT template help you elucidate market size analysis, competitive landscape, etc. Use this marketing to the right audience PowerPoint presentation to describe customer success metrics like customer churn, and net promoter score. By downloading our marketing strategy PowerPoint deck, you will get access to vital stats on customer behavior, preferences, and habits. https://bit.ly/3a2v4c7
Similar to Retail Innovation - Ruth Harrison, ThoughtWorks (20)
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Amazon’s Culture of Innovation & The Working Backwards session
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1. Rise to your challenges
in a digital world.
Future-Proof Your Business
2. Ruth Harrison: 30 year career in the retail industry
Specialities: Sales/ Marketing/ Operations/ Strategy/ Investment
Territories: UK/ Europe/ Middle East/ working knowledge USA & Asia
Experience: DVP & GM/ MD/ CEO/ CMO.
Companies: John Lewis/ HoF/ Estee Lauder Co/ Coach/ Selfridges
ABOUT THE PRESENTER
4. Premium Apparel all smoke and augmented mirrors
Customer Experience Cycle not the complete circle
Social Mediated Selling AKA ‘what the hell do we do now’?
Grocery who stole my market share?
Big Data the elephant in the room
PRESENTATION IN 5 PARTS
5. We examine the blue sky thinking that led to one of the biggest
retail success stories of the last 5 years and what innovative
trends in technology were identified and how these were
executed that led to a doubling in sales revenues and
trebling of net income between 2010 – 2014 at Burberry.
PREMIUM APPAREL
22. CASESTUDYCONCLUSION
Sales increase steadily over 5 year period
Net income shows slight dip 2012/2013
due to rising production costs softening
sales in Asia
Net income soars 27% in 2014 after
investment in Burberry World LIVE
24. We examine the steps to a seamless customer journey, what
should and could retailer be offering online and in retail stores.
How to identify the problems and the how to leverage existing
capabilities with enhanced technologies.
CUSTOMER JOURNEY CYCLE
25. Premium marketing directs customer to
company website to make a purchase -
becomes part of World of LOVELY BRAND
via registration mechanism through social
media platform such as Instagram #MYLB
Data mining social media data ‘likes’
and preferences enabled the brand to
connect with customers at point of
emotional engagement.
RIGHTPRODUCTASSORTMENTANDPREMIUMPRESENTATION
26. At this point the customer is disappointed that
the chosen item is out of stock - there is a risk
the customer will become disengaged and has
to hunt elsewhere for the item.
Customers have expectations of flexible
fulfilment – the traditional model does not
cater to this need or experience.
Adding option to Find Now offers choice
and continues to satisfy demand and maintain
engagement – enhancing the customer experience.
SURFACINGSHAREDINVENTORY
30. OFFERINGCHOICE-FLEXIBLEFULFILMENTMODEL
This single view of inventory
allows the customer to shop
between bricks and mortar
stores and online seamlessly:
creating a One-Store customer
experience, the option to
purchase in store or online
regardless of where the
browsing originated is
completely convenient for the
customer and is becoming an
expected norm.
LOVELY BRAND
31. By implementing shared
inventory (single view) the
business becomes more
efficient and the customer
experience is enhanced
unlocking capital and
improving B&M processes.
Right Product
Right Place
Right Price
LOVELY BRAND
SURFACINGSHAREDINVENTORY
32. BUILDINGLIFETIMERELATIONSHIPS
Creating wardrobes of purchased
items is an additional service, adds
to CRM and helps facilitate loyalty.
E.G: client A: single man registers
to World of Lovely Brand by
including functionality to add
other family members such as
partner, kids and home options,
this anticipates and directs
customer to curate a record of
purchases (lifestyle) and builds
loyalty.
LOVELY BRAND
33. ASSISTEDSELLINGMODEL
Data mining social media data
‘likes’ and preferences enabled
the brand to connect with
customers at point of
emotional engagement.
E.G partner browsing for
new baby clothes, brand
sends targeted marketing
and the cycle repeats
LOVELY BRAND
34. CUSTOMER EXPERIENCE VIA TRADITIONAL SILO MODEL
Marketing & PR
used to increase
brand profile
and drive traffic
to sales channel
Owned CRM
database and
inventory
management
systems and Mgt
Owned CRM
database and
duplicated
inventory stock
holding and Mgt
Additional
sales channel,
often with 3rd
inventory stock
holding and Mgt
MARKETING
RETAIL
STORES
ONLINE OUTLET
35. CUSTOMER EXPERIENCE SINGLE VIEW MANAGEMENT FRAMEWORK
MARKETING
Print/ Social Marketing
Facebook & Twitter build
relationships and aspiration
Instagram #MYLB directs
‘likes’ to sales channels
Instant purchase option
Engagement apps
INVENTORY MGT
Reduced stock holding
Single view of inventory
B&M support:
Right product/place/price
Reduced costs (markdown)
Improved margin
Single View Mgt
Marketing
Sales
Data Mgt
Inventory Mgt
SALES
Cross functional teams
Improved customer service
Buy deliver anywhere
Buy collect in-store
Try before you buy
Added service options/apps
In-store journey
DATA MGT
Single view of CRM
Instant trend analysis
Real-time analytics
Improved BI and
decision making
36. Reaffirm your customer profiles and preferences
Realign your model to fit and reflect these attributes
SOCIAL MEDIATED SELLING
37. PROFILE: WAR BABIES
• Digitally Unaware
• Health Issues
• Isolation
• Politically exiled
• Security Fears
• Regional Citizens
• Entrusting
• Digitally Illiterate
• Financially Prudent
• Isolated/ Decreasing Social Circles
• Politically Disillusioned
• Micro Economy
• Retired/ Reliant/ Proud
• Home Birds/ Local Citizens
38. Barclays Bank used Digital Eagles
campaign as perfect way to bring
tech capabilities and knowledge
and service to their older customers.
42. L’Oreal Campaign aimed at
Gen X uses celebrity to drive home
the message and I’m Worth It in
decadent 1980’s becomes
You’re Worth It.
43. PROFILE: MILLENNIALS
• Digitalised
• Community
• Socially Savvy
• Shared Success
• Political Activists
• Global Citizens
• Transparency
• Connected
• Advocates and Story Tellers
• Peer to Peer Endorsement
• Recreational Employees
• Micro Economy
• Transient
• Experience Seekers
44. ThoughtWorks worked with
Domino’s to create a device agnostic
HTML5 online system that reduces
the footprint of the multiple digital
channels, while bringing customers
closer to the ultimate pizza ordering
experience.
48. UK GROCERY MARKET
• The big 4 have dominated the sector for almost 2 decades.
• Food standard scandals, price wars, fraud, aggressive supplier
agreements and write downs and losses have dogged the sector for
the past 5 years.
• Competition by way of new market entrants has eroded market share.
• Continued price wars has dented profits.
• Large scale store formats are no longer viable or sustainable.
• Lack of investment in customer experience.
49. THE SECTOR HAS BECOME CROWDED
• Strategy by big 4 has to date been catch up mode.
• Customers have opted for smaller store formats,
these are local, convenient and suit the time poor
customer.
• Population has grown older and local format has
become more popular.
• Clear everyday low prices has won over frequent
offers and deals with all demographics.
• Sales of small format/ product sizes and loose fruit
& veg and single ready meals have grown with
singles young and old.
57. APPLE WATCH INTEGRATION
Ocado offers an Apple Watch
app that will allow customers
to shop from their wrists in
just 15 seconds with a
predicted list based on their
previous orders and delivery
times.
61. BREAKING DOWN SILOS – IMPLEMENTING AGILE PRACTICES
Marketing & PR
used to increase
brand profile
and drive traffic
to sales channel
Owned CRM
database and
inventory
management
systems and Mgt
Owned CRM
database and
duplicated
inventory stock
holding and Mgt
Additional
sales channel,
often with 3rd
inventory stock
holding and Mgt
MARKETING
RETAIL
STORES
ONLINE OUTLET
62. THE CONSUMER JOURNEY
AWARENESS EVALUATION PURCHASE USAGE REPURCHASE ADVOCACY
• DIRECT MAIL
• PR
• PRINT/TV
• SOCIAL
• E-MAIL • E-BOOK
• WEBSITE
• WEBINAR
• BLOG
• SOCIAL
• SEO • E-COMMERCE
• IN-STORE
• CATALOG
• APP
• SALES
• SMS
• E-MAIL
• COMMUNITY
• SOCIAL
• FAQ
• E-MAIL
• DIRECT MAIL
• WEBSITE
• SALES
• COUPON
• E-MAIL
• REVIEWS
• COMMUNITY
• SOCIAL
• EVENT
Connecting the dots of his journey.You need to look at your customer & the touchpoints & look at retail holistically.
63. FUTURE-PROOF YOUR BUSINESS TODAY
• Technology products are customer engagement
tools or services consider these solutions
• Individual product solutions will realise potential
when they are part of a strategic plan.
• Technology is your ENABLER
• Focus your customer at the heart of your business
• Identify and solve your business problems
64. Why Now & Where to Start?
DIGITAL TRANSFORMATION
66. why does it matter NOW?
What makes digital transformation so important NOW?
* DCX - Digital Consumer Experience
Social business
connections alone are
not enough.
Social business helps flatten traditional
hierarchies by empowering employees to
connect, communicate, and collaborate
across traditional boundaries. But
without a vision for how to compete in
connected markets and how to create
value for a digital customer, social is not
the answer. When leadership recognizes
that existing business models, systems
and processes are ill-equipped to
respond without big changes, digital
transformation is inevitable.
Brands are out of touch
with digital consumer
behaviours.
Brands are out of touch with their digital
customers. Companies are boosting
technology budgets, but all is based on
assumptions and not from research into
the new customer journey. Brands lack
the infrastructure to support next
generation marketing efforts. Brands
have to start using insights stemming
from the new DCX* as the catalyst for
internal digital transformation.
Digital transformation
puts people at the centre.
Every business says it’s customer-centric.
Really? Leading companies put people at
the center of change. They start with
studying the data (digital footprints and
preferences) plus behavior to learn
where to prioritize technology, resources,
and investments. The case for urgency
is made in updating an antiquated
customer journey to a more accurate,
adaptive, optimized DCX.
67. 1
VISION &
LEADERSHIP
Digital transformation an emergent
movement, is not yet recognized as a
formal priority by most businesses.
This requires those leading to get a digital
transformation program in motion to
make the business case. But, the
business case needs more than evidence
or anecdotes; it needs a story and a vision
for what it looks like and what it delivers.
THE 3 KEY ELEMENTS
What makes digital transformation so important NOW?
2
THE
DCX
Digital customer experience begins with
research, studies behaviors and
expectations throughout every stage of
the customer lifecycle. With information,
digital transformation takes shape by
specifically aligning people, processes,
and technologies against goals to map an
effective journey for digital customers.
3
TRANSFORMATION
TEAM
Organizations form special teams to
bring people together to start talking
and put change into motion. These
teams go by many names: digital
circles, Centers of Excellence (CoE),
rapid innovation teams, digital
acceleration teams, and more.
68. KEy elements3 Key Elements for Digital Transformation
Vision &
Leadership
Digital
Customer
Experience
Digital Trans-
formation
Team
69. KEy elements3 Key Elements for Digital Transformation
Where are you?
Vision &
Leadership
Digital
Customer
Experience
Digital Trans-
formation
Team