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FUTURE OF RETAIL Reinvention & Revolution: Retail On Demand & The New Brand Champions

PSFK - The Future of Retail 2012

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Page 1: PSFK - The Future of Retail 2012

FUTURE OF RETAIL

Reinvention & Revolution: Retail On Demand & The New Brand

Champions

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Modern Shopper’s Expectations

Sophistication Based On Personal Knowledge

Prepared To Trade Data For A Better Experience

Instant Access To Expertise

Takes Advantage Of Technology

Wants To Be Offered A Perfect Match

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THE NEW BRAND CHAMPION

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Setting The StageBy clearing the air before customers enter a store and calling out targeted moments for valuable interactions, retailers are helping to create the foundations of a focused and worthwhile interaction

THE NEW BRAND CHAMPION

SHOPPER AS AFFILIAT

“LET ME SELL ON YOUR BEHALF”

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COMMISSION FEES EARNED BY INFLUENCING ONLINE PURCHASES

MULU.ME

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SHARING PRODUCTS ON FACEBOOK DOUBLESCUSTOMERS’ LOYALTY POINTS

TESCO

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COMMUNITY POWERED CREDIT CARD INVOLVES CARDHOLDERS IN CARD MANAGEMENT AND PROFITS

BARCLAYCARD RING

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CONSTRUCTION BRAND GETS REAL-TIME FEEDBACK FROM CUSTOMERS ON NEW TRUCK DESIGNS

CATERPILLAR

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Meta-LibraryBy tapping into the wealth of online information by leveraging image recognition search and augmented reality to present detailed information and contextual relevance, users are able to use information without being tied to a specific medium or behavior.

“HELP ME DECIDE WHICH ONE TO BUY”

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SERVICE PAIRS CONSUMERS WITH BRAND EXPERTS FOR REAL-TIME PRODUCT CONSULTATIONS

NEEDLE

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INSURANCE COMPANY RECRUITS EXISTING POLICY HOLDERS TO ADVISE POTENTIAL CUSTOMERS

KYSY VAIKKA

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Layered Virtual Showcase

A new set of digital services are enabling shoppers to visually experience and experiment with products before they buy.

With a growing level of peer to peer communities that are working together and searching for service answers, the right information is being rewarded and being presented in easy formats for large groups of people to use and share.

“LET ME NAME MY PRICE”

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APP LETS RETAILERS COMPETE TO SUPPLY HOUSEHOLD GOODS

NETPLENISH

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BUYAPOWAWEBSITE PROVIDES BULK DISCOUNTS ON

POPULAR PRODUCTS

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Modern Shopper’s Expectations

Sophistication Based On Personal Knowledge

Prepared To Trade Data For A Better Experience

Instant Access To Expertise

Takes Advantage Of Technology

Wants To Be Offered A Perfect Match

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Service With An Opt In

“Give Me Personal Attention And Better Service”

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LOCATION AWARE APP PROVIDES SALES-STAFF WITH CUSTOMERS’ PREFERENCES

NEIMAN MARCUS

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STYLISTS LOOK TO YOUR PAST PURCHASES TO TAILOR ADVICE

MODCLOTH

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Subject SpecialistStaff members with specialized knowledge bases who can provide smarter answers and product recommendations to their customers in-store, online and over the phone.

RETAIL ON DEMAND

SHOPPER COACHING

“Teach Me How To Use This”

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MOTORCYCLE REPAIR SHOP INVITES CUSTOMERS TO WORK ON BIKES THEMSELVES

MOTOMETHOD

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EXPERIENCE ‘POP-UPS’ SHOW CUSTOMERS HOW TO ACESS HIGHER AUDIO PERFORMANCE

LENBROOK

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“LET ME SHOP WHAT I LIKE”

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GLIMPSESOCIAL SHOPPING CHANNEL USES FACEBOOK

‘LIKES’ TO BUILD CUSTOM CATOLOGS

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PICKIEPERSONALIZED MAGAZINE SHOWCASES FRIENDS’

LIKES AND SHARES

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Experience CentersBest-in-class brands are creating experience centers where consumers are approached, not only as shoppers, but as sophisticated learners who are eager to engage and create

“LET ME BUILD THE PERFECT ONE FOR ME”

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CUSTOMIZING MODULAR FURNITURE ONLINE AT AN AFFORDABLE PRICE

EVOLVEX

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3D PRINTING KIOSK ALLOWS RETAILERS TO OFFER CUSTOMERS PERSONALIZED OBJECTS

FUJIFILM

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Reading The CustomerOpt-in services that allow customers to make their personal data available to members of staff in exchange for the promise of tailored service, product recommendations and optimization.

RETAIL ON DEMAND

FIT WITH A CLICK

“HELP ME CHOOSE THE PERFECT FIT”

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WEBCAM ENABLED ALGORITHM ENSURES CUSTOMERS FIND THE RIGHT FIT ONLINE

UPCLOAD

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AUGMENTED REALITY APP TESTS POTENTIAL FURNITURE IN CONSUMERS’ HOMES

SAYDUCK

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WHY PSFKCONTACTCONTACTNo se puede mostrar la imagen en este momento.

Piers FawkesCEO & [email protected]

+1 646.520.4672

Jeff WeinerDirector, Business Development

[email protected]+1 646.520.4665+1 516.359.3453

42 Bond Street, 6th FloorNew York, NY 10012 USA

www.psfk.com

PSFK is a trends-led innovation company thatprovides its clients with ideas and inspiration toevolve its products, services and marketingcommunications. We employ a unique methodologyto deliver trends research together with futurebusiness concepts and user scenarios to a client listthat includes American Express, BMW, Microsoft,InterContinental Hotels Group, Target and Pepsi.