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Page 1: 09/08/14’ 1...Ion Cuervas-Mons, CEO of Think Big Factory in Forbes Magazine: “Five Steps to programmable retail”, 2013 3. Smart Retail Experience 3. Smart Retail Experience Amazon

09/08/14   1  

Page 2: 09/08/14’ 1...Ion Cuervas-Mons, CEO of Think Big Factory in Forbes Magazine: “Five Steps to programmable retail”, 2013 3. Smart Retail Experience 3. Smart Retail Experience Amazon

   

21st | August| 2014

Smart Retail Internet de las cosas y el futuro del Retail

Ion Cuervas-Mons CEO of Think Big Factory

Page 3: 09/08/14’ 1...Ion Cuervas-Mons, CEO of Think Big Factory in Forbes Magazine: “Five Steps to programmable retail”, 2013 3. Smart Retail Experience 3. Smart Retail Experience Amazon

3  

1. Introduction Netflix

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Technology (Internet of things)

2. Technology

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5  

2. Technology Internet of Things Formula One

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2. Technology Internet of Things Openarch

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Smart Retail

3. Smart Retail

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Smart Retail Integrating physical and digital in a new retail experience

e-Commerce

Physical Stores

Mobile App

Concept 3. Smart Retail

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Omni-Channel Strategy Overarching strategy that puts the customer first ensuring a seamless and consistent brand experience, no matter what technology or communication type they are engaging with.

Omni-Channel Strategy 3. Smart Retail

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Experience

3. Smart Retail Experience

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“Despite e-commerce power, consumers still spend more time in physical stores than they do on individual websites, they purchase more often, and the opportunity to get to know a customer in a physical setting is better in many ways, potentially forging a stronger and longer-lasting bond with customers.” Ion Cuervas-Mons, CEO of Think Big Factory in Forbes Magazine: “Five Steps to programmable retail”, 2013

Experience 3. Smart Retail

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Experience Amazon Physical Stores 3. Smart Retail

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The traditional physical store remains as important as ever, providing the environment in which a retailer can provide unparalleled experience. Through the integration of digital and physical experiences, the most successful store owners are pushing the boundaries of the retail services that lead to loyalty and repeat sales.

Experience 3. Smart Retail

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Business

Brand Technology

CUSTOMER CENTRIC

EXPERIENCE STRATEGY

How? 3. Smart Retail

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Opportunities

3. Smart Retail Opportunities

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Creating new brand and retail experience integrating the digital strategy into the physical stores. Using the in-store online experience to educate customers in order to increase e-commerce sales Analyzing client’s data in order to implement personalized and customized services. Designing a clearly differentiated physical stores that attract new customers, lead to loyalty and repeat sales

Opportunities 3. Smart Retail

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Examples

3. Smart Retail Examples

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Burberry Flagship Store (London) Omni-Channel Strategy 3. Smart Retail

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Omni-Channel Strategy

Burberry Omni-channel •  The brand look and feel is almost flawlessly consistent across

the channels. •  The experience across channels is personalized with your ‘My Burberry’ preferences following you wherever you go. •  Burberry’s Social Intranet. •  Interactive changing rooms. •  Custom built signage. •  IPAD enabled staff. •  RFID tags in all clothes.

Burberry Flagship Store (London) 3. Smart Retail

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Omni-Channel Strategy Burberry Flagship Store (London)

“What we have wanted to do is build an amazing brand experience and an amazing way that people can engage with the brand.....And then I don’t care where they buy. I only care that they buy the brand”. Angela Ahrendts, Former Burberry CEO.

3. Smart Retail

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Starbucks-Square Wallet Identification 3. Smart Retail

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Smart Market Cartalogue Personalization 3. Smart Retail

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Estimote Beacons In-store experience 3. Smart Retail

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Nordstrom Convenience 3. Smart Retail

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Nordstrom Convenience 3. Smart Retail

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Omni-Channel Strategy

Nordstrom Omni-channel •  Pinterest tags for most loved items •  Custom built signage. •  iPad enabled staff. •  RFID tags in all clothes. •  Personalized shopping (Nordstrom Stylist) •  Smartphone point of sale. •  Click and collect.

Nordstrom 3. Smart Retail

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Info Shelf (NFC) Product Interaction 3. Smart Retail

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Hointer Convenience 3. Smart Retail

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Euclyd Analytics In-store analytics 3. Smart Retail

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Kate Spade Pop-up (NY) Touch Screen 3. Smart Retail

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Smart tasting prototype Hospitality 3. Smart Retail

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Summary

4. Summary

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Omni-Channel Diagram 4. Summary

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Thank you!

Contact: Ion Cuervas-Mons, CEO of Think Big Factory [email protected] www.thinkbig-factory.com @ioncuervasmons

All rights reserved © 2014 Think Big Factory S.L. More info at www.thinkbig-factory.com