fight or embrace showrooming

6
P ProRelevant Marketing Solut Fight or Embrace Showrooming?

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Showrooming, or use of a smartphone in a store, is a threat to all brick and mortar stores. What steps need to be taken by the physical stores to compete? How do you fight back or embrace them?

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Page 1: Fight or embrace showrooming

ProRelevant Marketing SolutionsP ProRelevant Marketing Solutions

Fight or Embrace Showrooming?

Page 2: Fight or embrace showrooming

ProRelevant Marketing Solutions2

P [email protected]

Guy R. PowellPres. ProRelevant

www.Marketing-Calculator.com

www.ROIofSocialMedia.com

Page 3: Fight or embrace showrooming

ProRelevant Marketing SolutionsPSHOWROOMING

Definition: Viewing and shopping for a product in brick and mortar, but checking prices online from other retailers or product competitors

Please visit: www.marketing-calculator.com

Benefits delivered by showrooming1. Pricing/ Price-matching2. Product in stock3. Extended warranty4. Consideration level5. Product complexity6. Kicking the tires (touch and feel)7. Loyalty8. Immediate v. Delayed gratification9. Knowing you got a deal10.In store salesmanship of retailer11.Better shopping experience12.Offer personalization

Page 4: Fight or embrace showrooming

ProRelevant Marketing SolutionsPHOW DO YOU BEAT IT?

Offer free Wi-Fi in store

Please visit: www.marketing-calculator.com

Integrate digit and brick & mortar presence

Encourage in-store test and feel

Train sales teams how to approach smartphone users

Offer incentives to look online before visiting store

Develop help hotline for in-store consumers

QR codes for in-store buy-now coupons

Price matching dynamics of online vendors

Offer convenience, installation, delivery, etc.

Website optimized for mobile

Smartphone discounts to track and offer personalized offers

Page 5: Fight or embrace showrooming

ProRelevant Marketing SolutionsPAmazon Advantages

1. Reviews 59%

2. Unlimited options 48%

3. One-click shopping 47%

Brick & Mortar Advantages1. Instant ownership 79%

2. Touch and feel 75%

3. Exclusive products and bargains 65%

Brick and Mortar To Do List:1. Offer more options to touch and feel, possibly one-click type

purchase on items out of stock. Couple with easy returns 2. Provide top reviewed/ top pinned in-store signage next to items

looked at online3. Emphasize the importance of human interaction and its

advantages

Please visit: www.marketing-calculator.com

Page 6: Fight or embrace showrooming

ProRelevant Marketing SolutionsPGo to our blog @ http://www.Marketing-Calculator.com

ProRelevant.com

Guy R. Powell

Thank you