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The Store
Fights Back:
Energizing the Retail Experience
through Digital Signage

Bryan Meszaros | OpenEye
Chris Heap | OpenEye & The Imperative Group
John Schreiber | IDL Worldwide
Bryan
Meszaros
Managing Partner & Founder


 OpenEye is a digital media
 consultancy, which looks to activate
 insights, technology and creativity to
 redefine how brands and retailers
 connect with consumers through
 holistic digital experiences.


 Currently in: New York City
John
Schreiber
Global Creative Director


 IDL Worldwide is a full service retail
 execution firm, which provides
 consultancy, design, engineering,
 fabrication, installation for brands
 and retailers. IDL strives to improve
 methods of selling product and
 enhancing communication with
 customers in retail.

 Currently in: Munich, Germany
Chris Heap
Managing Director & Founder
Sr. Digital Strategist (OpenEye)


  The Imperative group is a specialist
  screenmedia consultancy. We help
  retailers, corporations, government
  and technology companies
  understand how to get the
  maximum value from their
  screenmedia programs by applying
  our experience, knowledge and best
  practices in order to help clients
  understand the marketing and
  commercial opportunity.


  Currently in: London, England
What you’ll
discover
๏ What’s happening with the brick
   and mortar today

๏ Methods that tie digital signage
   directly into the customer’s path
   to purchase

๏ Learn how retailers should be
   thinking about their brick and
   mortar

๏ Understand how digital signage
   fits into the overall in-store
   experience as part of a wider
   suite of retailer initiatives

๏ A new appreciation of the term
   “in-store experience”
The Retail   Engaging the   Meeting
Landscape    Customer       Expectations
The simple
                 truths about
                 Retail today

Bryan Meszaros
What needs
to be heard
๏ Based on price alone, retailers
   can’t compete with online

๏ The path to purchase from “sofa
   to store” has been disrupted by
   technology

๏ Showrooming is showing up in
   retail stores

๏ Retailers need to leverage the
   store experience as it’s a point of
   difference

๏ The new retail currency is the
   customer experience
We are experiencing a
paradigm shift in customer
behavior
 ๏ 40% of respondents now use or want to use an in-store
    kiosk for self-service. {2011 Cisco Study}

 ๏ 42% of respondents use or are interested in using video
    screens within the store to make a buying decision {2011
    Cisco Study}


 ๏ 51% of shoppers are willing to use mobile shopping
    tools, but less than 5% of retailers offer them. {NRF Study}

 ๏ 53% of shoppers reported current activity or interest
    in conducting research at an in-store kiosk and
    making their purchase immediately in-store. {2011 Cisco
    Study}


 ๏ 70% of U.S. consumers use the web plus another
    channel when making purchase decisions. {Forrester 2010}
The Zero Moment
of Truth

Stimulus   ZMOT           Shelf         Experience




           ๏ Stimulus: Anything you’re seeking
           ๏ ZMOT: Social Interaction
           ๏ Shelf: Need to reinforce the educated decision
             in-store

           ๏ Experience: Path to Loyalty
Adding a NEW
dimension

                          DIGITAL
Stimulus   ZMOT         EXPERIENCE         Shelf        Experience




           ๏ Connect the store experience to the “path to
             purchase”

           ๏ Prevent a potential disruption in conversion
           ๏ Reinforce product / brand information
๏ Control: Pull is the new push
Why        ๏ Need for reinforcement: The shelf

ZMOT is
             provides one last opportunity to
             influence a consumers decision.

           ๏ Experience creates loyalty: How
critical     that information is delivered adds to
             the decision on whether the

for
             consumer will repeat the same
             action.


Digital    ๏ Consistency: All the information
             obtained outside the store needs to
             be obtainable inside the store

Signage      (before-during & after the in-store experience)
Re-conceptualize the role of
the brick and mortar
 ๏ Make it personal: Neiman Marcus is enhancing it’s
    service with an app that identifies when customers
    enter the store and prompts staff to engage with the
    consumer based on purchase history and preference

 ๏ Be the authority: Guitar Center published the profiles of
    4,000 sales associates on their website and created a
    “store experts” page for each location. Encouraging
    interaction with the staff and in-store appointments.

 ๏ Close the gap: Enable the consumer to being their
    shopping process and complete it when they enter the
    store.

 ๏ Be unique: Don’t invest in cookie-cutter solutions and
    expect the same results it produced for a competitor

 ๏ Make it fun: Aldo shoes developed a in-store mobile
    game that encouraged shoppers to try on various
    product to receive awards
Re-thinking
                 the art of
                 digital
                 engagement

John Schreiber
The digitally
empowered
consumer
 ๏ Is conscious of brand competition
 ๏ Is reliant on the right information
    finding them, in the right place

 ๏ Expects a personalized and
    consistent shopping experience

 ๏ Wants to take advantage of both
    mobile and in-store applications
    to help make informed decisions
ATTRACT                           ENGAGE                             CONNECT                              CONVERT




Hollister                          HMV                                  Topshop                             Tesco
Digital Store Front                Augmented Reality                    Virtual Fitting Room                Subway Virtual Store


Large display screens stretching   Shoppers at HMV’s Oxford             Using a combination of              Virtual stores were created
across the facade and over         Street store use a smartphone        augmented reality and               using interactive displays. Using
the front door showcase live       or tables to scan Universal          Microsoft Kinect the customer is    QR codes, customers could
feed of the surf in Huntington     Pictures DVDs and bring the          able to select a garment off        load their “shopping carts” and
Beach, CA                          films to life by displaying scenes   the rack without having to try it   have their items delivered to
                                   and movie characters in 3D           on physically.                      their home.
Value the
Design of an
Experience
 ๏ Attraction and engagement are
    the keys to adoption

 ๏ Leverage the physical brick and
    mortar

 ๏ Switch from a product-centric
    (push) model to an experience-
    centric (pull) model.

 ๏ Failing to deliver a consistent
    experience will drive customers
    away
Essentials of
Effective Digital
Engagement
 ๏ Relate to the audience
 ๏ It’s not just about advertising,
    expose customers to the
    brand

 ๏ Integrates within the visual
    merchandising strategy of the
    store

 ๏ Engages the customer with
    timely & relevant information
 ๏ Extends across all platforms
Meeting the
             customers
             digital
             expectations

Chris Heap
“In the near future all forms of digital
media will be seamlessly and expertly
embedded into retail environments,
creating an unparalleled shopping
experience that puts the customer first.”
                              Bob Greenberg, CEO R/GA
What Shoppers
expect today
๏   70% of shoppers prefer
    human interaction in shops over
    online interaction


๏   73% interact withprefer to
               of shoppers
    physically
    products in-store before
    purchasing


๏   81% expect higher levels
    of customer service from stores
    than they do from online
    retailers
    Source: Shopper-centric, 2012
The new reality
Technology is not a silver bullet on it’s own, it must be combined with the brand and
the branded environment to ensure the ‘multiplier effect’ (e.g. 15% improvement to
pre-sales and 12% improvement in purchase decisions)




                                                                           Source: Shopper-centric, 2012
What value do shoppers think
digital signage can add to their
store experience?
An upwards trend in adoption from ~20% to ~30% demonstrates increasing engagement
in the use of retail technology
What value do retailers think
digital signage can add to the
store experience?
Retail professionals believe that digital signage has a significant impact on
improving the retail shopping experience and driving sales
How can retailers
capitalize?
 ๏ Retailers need to tap into the shopper’s
   emotional side

 ๏ Deliver a consistent shopping experience
 ๏ Retailers can be (and should be)
   “curators” - selecting products and
   services they believe best meet the needs
   and aspirations of its shoppers

 ๏ Back to the old school: make it fun &
   personalized
The evolving retail
experience entails:
 ๏ A connected journey, one that delivers a
   tailored, relevant experience

 ๏ improved information access, help
   identifying information repositories
   through QR and NFC technologies

 ๏ Closing of the gap between consumer
   expectation and retail reality

 ๏ Optimized “path-to-purchase”
 ๏ Seamless multi-channel experience
“Digital brought the online
and then mobile revolutions;
now it’s driving the retail
revolution,”
                  Bob Greenberg, CEO R/GA
A brief digital
recap
 ๏ The path to purchase from “sofa to
    store” has been disrupted by
    technology

 ๏ Retailers need to leverage the store
    experience as it’s a point of
    difference

 ๏ Customers expect a connected
    journey, one that delivers a
    tailored, relevant experience

 ๏ Switch from a product-centric
    (push) model to an experience-
    centric (pull) model.

 ๏ 51% of shoppers are willing to use
    mobile shopping tools, but less than
    5% of retailers offer them.
For
Questions or
Guidance
Bryan Meszaros - OpenEye
bmeszaros@openeyeglobal.com
@openeyeglobal

John Schreiber - IDL Worldwide
jschreiber@idlww.com
@cre8tvdirektr

Chris Heap - Imperative Group
chris.heap@imperativegroup.com
@chrisheap
Thank you for
joining us



www.digitalsignagefederation.org

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The Store Fights Back Dsf

  • 1. The Store Fights Back: Energizing the Retail Experience through Digital Signage Bryan Meszaros | OpenEye Chris Heap | OpenEye & The Imperative Group John Schreiber | IDL Worldwide
  • 2. Bryan Meszaros Managing Partner & Founder OpenEye is a digital media consultancy, which looks to activate insights, technology and creativity to redefine how brands and retailers connect with consumers through holistic digital experiences. Currently in: New York City
  • 3. John Schreiber Global Creative Director IDL Worldwide is a full service retail execution firm, which provides consultancy, design, engineering, fabrication, installation for brands and retailers. IDL strives to improve methods of selling product and enhancing communication with customers in retail. Currently in: Munich, Germany
  • 4. Chris Heap Managing Director & Founder Sr. Digital Strategist (OpenEye) The Imperative group is a specialist screenmedia consultancy. We help retailers, corporations, government and technology companies understand how to get the maximum value from their screenmedia programs by applying our experience, knowledge and best practices in order to help clients understand the marketing and commercial opportunity. Currently in: London, England
  • 5. What you’ll discover ๏ What’s happening with the brick and mortar today ๏ Methods that tie digital signage directly into the customer’s path to purchase ๏ Learn how retailers should be thinking about their brick and mortar ๏ Understand how digital signage fits into the overall in-store experience as part of a wider suite of retailer initiatives ๏ A new appreciation of the term “in-store experience”
  • 6. The Retail Engaging the Meeting Landscape Customer Expectations
  • 7. The simple truths about Retail today Bryan Meszaros
  • 8. What needs to be heard ๏ Based on price alone, retailers can’t compete with online ๏ The path to purchase from “sofa to store” has been disrupted by technology ๏ Showrooming is showing up in retail stores ๏ Retailers need to leverage the store experience as it’s a point of difference ๏ The new retail currency is the customer experience
  • 9. We are experiencing a paradigm shift in customer behavior ๏ 40% of respondents now use or want to use an in-store kiosk for self-service. {2011 Cisco Study} ๏ 42% of respondents use or are interested in using video screens within the store to make a buying decision {2011 Cisco Study} ๏ 51% of shoppers are willing to use mobile shopping tools, but less than 5% of retailers offer them. {NRF Study} ๏ 53% of shoppers reported current activity or interest in conducting research at an in-store kiosk and making their purchase immediately in-store. {2011 Cisco Study} ๏ 70% of U.S. consumers use the web plus another channel when making purchase decisions. {Forrester 2010}
  • 10. The Zero Moment of Truth Stimulus ZMOT Shelf Experience ๏ Stimulus: Anything you’re seeking ๏ ZMOT: Social Interaction ๏ Shelf: Need to reinforce the educated decision in-store ๏ Experience: Path to Loyalty
  • 11. Adding a NEW dimension DIGITAL Stimulus ZMOT EXPERIENCE Shelf Experience ๏ Connect the store experience to the “path to purchase” ๏ Prevent a potential disruption in conversion ๏ Reinforce product / brand information
  • 12. ๏ Control: Pull is the new push Why ๏ Need for reinforcement: The shelf ZMOT is provides one last opportunity to influence a consumers decision. ๏ Experience creates loyalty: How critical that information is delivered adds to the decision on whether the for consumer will repeat the same action. Digital ๏ Consistency: All the information obtained outside the store needs to be obtainable inside the store Signage (before-during & after the in-store experience)
  • 13. Re-conceptualize the role of the brick and mortar ๏ Make it personal: Neiman Marcus is enhancing it’s service with an app that identifies when customers enter the store and prompts staff to engage with the consumer based on purchase history and preference ๏ Be the authority: Guitar Center published the profiles of 4,000 sales associates on their website and created a “store experts” page for each location. Encouraging interaction with the staff and in-store appointments. ๏ Close the gap: Enable the consumer to being their shopping process and complete it when they enter the store. ๏ Be unique: Don’t invest in cookie-cutter solutions and expect the same results it produced for a competitor ๏ Make it fun: Aldo shoes developed a in-store mobile game that encouraged shoppers to try on various product to receive awards
  • 14. Re-thinking the art of digital engagement John Schreiber
  • 15. The digitally empowered consumer ๏ Is conscious of brand competition ๏ Is reliant on the right information finding them, in the right place ๏ Expects a personalized and consistent shopping experience ๏ Wants to take advantage of both mobile and in-store applications to help make informed decisions
  • 16. ATTRACT ENGAGE CONNECT CONVERT Hollister HMV Topshop Tesco Digital Store Front Augmented Reality Virtual Fitting Room Subway Virtual Store Large display screens stretching Shoppers at HMV’s Oxford Using a combination of Virtual stores were created across the facade and over Street store use a smartphone augmented reality and using interactive displays. Using the front door showcase live or tables to scan Universal Microsoft Kinect the customer is QR codes, customers could feed of the surf in Huntington Pictures DVDs and bring the able to select a garment off load their “shopping carts” and Beach, CA films to life by displaying scenes the rack without having to try it have their items delivered to and movie characters in 3D on physically. their home.
  • 17. Value the Design of an Experience ๏ Attraction and engagement are the keys to adoption ๏ Leverage the physical brick and mortar ๏ Switch from a product-centric (push) model to an experience- centric (pull) model. ๏ Failing to deliver a consistent experience will drive customers away
  • 18. Essentials of Effective Digital Engagement ๏ Relate to the audience ๏ It’s not just about advertising, expose customers to the brand ๏ Integrates within the visual merchandising strategy of the store ๏ Engages the customer with timely & relevant information ๏ Extends across all platforms
  • 19. Meeting the customers digital expectations Chris Heap
  • 20. “In the near future all forms of digital media will be seamlessly and expertly embedded into retail environments, creating an unparalleled shopping experience that puts the customer first.” Bob Greenberg, CEO R/GA
  • 21. What Shoppers expect today ๏ 70% of shoppers prefer human interaction in shops over online interaction ๏ 73% interact withprefer to of shoppers physically products in-store before purchasing ๏ 81% expect higher levels of customer service from stores than they do from online retailers Source: Shopper-centric, 2012
  • 22. The new reality Technology is not a silver bullet on it’s own, it must be combined with the brand and the branded environment to ensure the ‘multiplier effect’ (e.g. 15% improvement to pre-sales and 12% improvement in purchase decisions) Source: Shopper-centric, 2012
  • 23. What value do shoppers think digital signage can add to their store experience? An upwards trend in adoption from ~20% to ~30% demonstrates increasing engagement in the use of retail technology
  • 24. What value do retailers think digital signage can add to the store experience? Retail professionals believe that digital signage has a significant impact on improving the retail shopping experience and driving sales
  • 25. How can retailers capitalize? ๏ Retailers need to tap into the shopper’s emotional side ๏ Deliver a consistent shopping experience ๏ Retailers can be (and should be) “curators” - selecting products and services they believe best meet the needs and aspirations of its shoppers ๏ Back to the old school: make it fun & personalized
  • 26. The evolving retail experience entails: ๏ A connected journey, one that delivers a tailored, relevant experience ๏ improved information access, help identifying information repositories through QR and NFC technologies ๏ Closing of the gap between consumer expectation and retail reality ๏ Optimized “path-to-purchase” ๏ Seamless multi-channel experience
  • 27. “Digital brought the online and then mobile revolutions; now it’s driving the retail revolution,” Bob Greenberg, CEO R/GA
  • 28. A brief digital recap ๏ The path to purchase from “sofa to store” has been disrupted by technology ๏ Retailers need to leverage the store experience as it’s a point of difference ๏ Customers expect a connected journey, one that delivers a tailored, relevant experience ๏ Switch from a product-centric (push) model to an experience- centric (pull) model. ๏ 51% of shoppers are willing to use mobile shopping tools, but less than 5% of retailers offer them.
  • 29. For Questions or Guidance Bryan Meszaros - OpenEye bmeszaros@openeyeglobal.com @openeyeglobal John Schreiber - IDL Worldwide jschreiber@idlww.com @cre8tvdirektr Chris Heap - Imperative Group chris.heap@imperativegroup.com @chrisheap
  • 30. Thank you for joining us www.digitalsignagefederation.org