fohs hmv presentation_v4_20130322
DESCRIPTION
Future of the high street event. Thursday 21st March 2013.TRANSCRIPT
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
A product and service innovation company/ Helping companies make sense of what’s going
on and translating it into products and services that make sense for consumers
Fluxx is…
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
flux[x]
Some facts, figures and background
No opinions, just facts…
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
A simple evolution, or a bloody revolution?
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Hard reasons for retail changeConsumer expectations have been consistently raised for 20 years
Outdated business models would never have survived
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Is retail on the High Street dead?
/ The bad news is: Town centre footfall:
DOWN 10.4% Vacant High Street property:
UP 12.2% In-town retail space:
DOWN 1% Out-of-town retail space:
UP 3%
/ The good news is: Store retail:
91% of all retail sales UK retail sales:
UP 1.9% 2012>2013 Share of consumer spend
through stores:
33%
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
A big statistic
43%Percentage of all retail sales that still take place on the High Street.
(British Retail Consortium, 2013)
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
The Government says…
“High Streets are recognised as important
hubs of social interaction and cohesion, as
well as providers of local jobs. They’re a
visible indicator of how well, or how badly,
a local economy is doing.”
Gov.uk – policy on improving town centres
and High Streets, December 2012
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Does it matter?
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
In my day….
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
In my day….
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
In my day….
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Real hope?
Real despair?
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Panellist question
/ The Rules: No debt, no stores, no stock,
no staff, no bad memories Some investment from some
very trusting investors You’re the boss and anything goes!
“As an entrepreneur, what would you do with the HMV brand if you were
gifted it today?”
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Stephen Godfroy
Co-Owner & Director of Rough Trade Retail Group,independent record label, store and music venue:@sgodfroy@roughtrade
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Robin BresnarkHead of Social Marketing for the Social Commerce business, buyapowa
Ex-HMV, Ex-Melody Maker, Ex-directory
Discovered Coldplay, Muse, Travis and Toaster. What, you’ve never heard of Toaster? I guess I failed.
@buyapowalinkedin.com/in/bresnark
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Faisal GalariaPartner/Senior Director at Alvarez & MarsalWorks with FTSE 250 and leading Private Equity companies taking operational roles in portfolio companies and investing in mid to late stage new media and internet companies.
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Philip BeechingEntrepreneur and investor in the social webFormer agency owner (Libertine and Beechwood)Managed the HMV account for 20 yearswww.philipbeeching.com
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Richard EdgleyExperience Planner at Fluxx, ex-HMV person
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
RichardEdgley
StephenGodfroy
PhilipBeeching
FaisalGalaria
@RichardEdgley @sgodfroy @philipbeeching @fais_4 @snarklife
@fluxxstudios#FOHS
RobinBresnark
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
Closing words…
flux[x]
[x] fluxx.uk.com @FluxxStudios #FOHS
A product and service innovation company/ Helping companies make sense of what’s going
on and translating it into products and services that make sense for consumers
Fluxx is…