omni channel basics for retailers and cpg manufacturers
DESCRIPTION
Omni-channel for retailing and Omni-channel for CPG manufacturers. Understand what is meant by omnichannel and what companies are doing to leverage the data, understand their business, attract new customers & increase ROI.TRANSCRIPT
“Omni-Channel Basic’s for CPG”
Janet Dorenkott, Bio
• Over 20 years of experience in information technology.
• Founded Relational Solutions in 1996 and co-owns with Rob York.
• Focused on data warehousing, data integration & business intelligence solutions
• Specialize in the complex issues associated with integrating various data
• Contributing author in “The Essentials of Shopper Technology”
• Contributing author in “New Directions in Shopper Technology”
• Member of Retailwire’s Braintrust
• Founder of the Demand Signal Repository Institute on LinkedIn.
• Participated in the implementation of over 200 data warehouse and BI projects for companies
that include Chrysler, Chase, Timken, Xerox, Glaxo, Smuckers, P&G and many others.
• Selected in CIO Review as “Most Promising Big Data Companies”
Property of Relational Solutions, Inc. June, 2014,
Janet Dorenkott Bio
Agenda
• What is the Omni-Channel
• Why does it matter to CPG?
• Eliminating Internal Competition
• How are customers buying and What’s impacting sales?
“Top 10
“Companies
on the Move”
Acquired BlueSky Integration Studio
“Best at integrating POS
with Internal data”
Cleveland
Weatherhead 100
Fastest Growing
Businesses
Oracle Developer of the Year
Data Warehouse & BI Consulting
1996 - 98 1999 - 01 2002 – 04 2005 - 06 2007 - 08 2009 - 10 2011 – 12 2013 2014
BlueSky“Coolest New Technologies”
DataStage ETL Best ImplementorsAward
Informatica’sPartner of the
Year
Selects BIS to integrate POS &
TradeEdge
Selects POSmart to
embed in DSR
Best Software” Finalist
Company Background
“Data Warehouse of the Year!”
SAP Certification &
Partnership
Best of Cleveland
Award
CGT Readers Choice Award
S cialM bileWeL calSt re
How Customers Buy Today
Is Social Media Really Worth Leveraging?
• Facebook – 700B minutes
spent/month
• Google – 34,000 search/sec
• Twitter – 500M tweets/day
According to McKinsey Global Institute:
According to Digital Marketing Ramblings:
• Candy Crush – 500 Million Players
• E-bay – 120 Million Active Shoppers
• Facebook – 1.2 Billion Members
• Flickr – 92 Million Members
• Google+ - 300 Million Members
• Instagram – 200 Million Users
• iTunes – 800 Million Users
• LinkedIn – 300 Million Users
• Pinterest – 70 Million Users
• Skype – 300 Million Users
• Snapchat – 26 Million Users
• Survey Monkey – 75 Million Surveyers
• Tinder – 1 Billion Matches
Recent Social Information
Social IS Influencing Purchasing
• 85% of people have a cell phone
• 50% of phones are capable of scanning a
QR code
• 17% have scanned a QR code
MOBILE MATTERS!Growing Use of QR Codes
al
Know Your Customer
Help me, help you, help others
30MM Users (tripled in 3 years)
84MM Users (Up 37%over last year)
600MM+ miles driven / 33MM User-Generated
month with Waze open Reviews (Up 49% over last year)
Revenues of $2.57B
46 MM Customers
12,300 Employees
140,000 Merchant offers every day
Socialonline
andand
mobile have been blurring the lines between
in store.
19
Example of One Retailers Mobile Statistics:
Copyright © 2014 . Valeria Maltoni Copyright © 2014
SOMOLO
Download Our App!
Customer Service
Give Us Your Opinion
Come on In!
Shop On-Line
yright © 2014 . Valeria Maltoni 27Cop
BOPIS – Buy Online, Pickup In-StoreTarget is making 135 Stores in 38 Markets shipping locations
Informed Buyers
8
CONNECTED
9Copyright © 2014 . Valeria Maltoni
Cost Sensitive Buyers & Bargain Hunters
Know Where/How they are buying
52
Copyright © 2014 . Valeria Maltoni
54Copyright © 2014 . Valeria Maltoni
more =
53Copyright © 2014 . Valeria Maltoni
“The customer doesn't
care who gets credit
for the sale.”- Jamie Nordstrom
President, Nordstrom Direct
We need to separate the platforms from the content in order
to address customer needs + create cohesive experiences.
14Copyright © 2014 . Valeria Maltoni
Great Service is a must – and a
MEASURE WHAT MATTERS
43Copyright © 2014 . Valeria Maltoni
9%
“I know our digital marketing is working.”
47
Promotion
Click Stream
Shipments
ReportsScheduled
Sources
Retailer SalesWalMart
Food Lion
Costco
Kroger/DunH
Home Depot
Sam’s
Distributors
Integrate, Validate,
Synchronize & ManageBlueSky
Can feed other systems
BIS
Third Party
POS &
Syndicated
Data.
Website Sales
Users access via web
Web Clicks
Shipments,
Promo, Vendor
Amazon
OverStock
Nielsen, IRI, TD Linx, etc.
Overstock
Amazon
WebSite
Retailer Sales
Large gaps in measurement, but also creativity, CRM
Understand your interactions
Property of Relational Solutions, Inc. By Janet Dorenkott June, 2013,
Know your social Reputation
Property of Relational Solutions, Inc. By Janet Dorenkott June, 2013,
Know where your sentiment is coming from
Property of Relational Solutions, Inc. By Janet Dorenkott June, 2013,
See where your Champions are
Property of Relational Solutions, Inc. By Janet Dorenkott June, 2013,
Understand where you need damage control
Property of Relational Solutions, Inc. By Janet Dorenkott June, 2013,
Retailer Store Sales
What are your followers saying
Property of Relational Solutions, Inc. By Janet Dorenkott June, 2013,
Thank you & Stay Connected!
• Follow Janet Dorenkott on LinkedIn, Email [email protected]
• Call us at 440-899-3296, Janet is x225 / Karen is x 232
• Follow Relational Solutions on LinkedIn, Twitter @POSMARTBLUESKY & ON Facebook
• Join “Demand Signal Repository Institute” & “Big Data Association” Group on LinkedIn
• Subscribe to the relational solutions channel on YouTube:
– Relational Solutions Channel
• Visit us at www.relationalsolutions.com or call 440-899-3296 x225
• Learn more from our webinars & Download our Whitepapers
• See product demo’s & download trials from our website
– POSmart Demo – Thursday, July 10 @ 2pm ET