Mobility Effect in Retail “From Brick to Click and now Tap” Vinay Nayak K, Collabera Solutions Mobile Application Conference, Silicon India 20 th Sep 2013 1
Agenda Context Mobility in Retail – Must have features Contactless Retail What next?
Brick and Mortar - v1.0 3
Brick and Mortar - v2.0 4
Brick and Mortar - v3.0 5
Online Retail 6
Online Retail 7
Enter Mobile Shopping 8
Tesco Home Plus in Korea 9
Online Retail 10
Mobile Enabled Retail – Must Have Features 11 11
Location Based Services 12
Location Based Services - Priceline Negotiator app for finding and booking a hotel room 58% booked their room within 20 miles 35% booked within a mile 82% booked room less than a day 13
Location Based Services - Realtor Buy Sale Rent Scout Draw Search 14
Virtual Gifts 15
Virtual Gifts More popular than plastic cards Integration with Mobile Wallet Projected Market $11 billion in 2014 Virtual Gift Marketplaces Facebook brought Karma Social Media integration - popular 16
Mobile Coupons Location Based coupons 47% users want a coupon on their phone if they are near a store Augmented Reality further popularizing coupons 17
Virtual Wardrobe / Dressing Rooms 18
Virtual Wardrobe / Dressing Rooms Australians increasingly shopping online Online and in-store as well Virtual Sales assistants Virtual changing rooms More up-sell and cross-sell opportunities Sussan and Target seeing customers coming back to them Convenient shopping for those with busy lifestyle 19
Augmented Reality 20
Augmented Reality – How it works 21
Augmented Reality – Innumerable usecases Ikea Nescafe 22
Contactless Retail – Silent Revolution in making 23 23
Mobile Payments – A way of life 24
Mobile Wallet – Different Options 25
NFC – Enabling Mobile Payments 26
What Next? 27 27
iBeacon – Welcome the new age in store retailing Small wireless sensors Bluetooth Low Energy (BLE) or Bluetooth 4.0 Range 50m compared to NFC – 20cm Does not need a built in chip like NFC Micro-location In-Store, Near Store Marketing Indoor Navigation 28
What next? Whole new in store experience or just Show rooming? Apple itself refreshed its �chain of stores� 56% of shoppers said they were likely to spend more money at a physical store 44% of shoppers would like to use a mobile app to support in-store shopping 29
What next for online stores? Store at your doorsteps AaramShop in India Predictive Shopping / Smart Buying with BigData analysis Second Screen apps / Augmented Reality apps on Smart TVs Order a shirt as you are watching movies 30
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