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The ROI of Empowering
Associates with In-Store
Mobility
Webinar Sponsored by

#Mobility
Follow This Webinar On Twitter

#Mobility

#Mobility
Panelists

Scott Pearson

Danya Rielly

CEO,
Retaligent

Product Marketing Manager,
Raymark

a Raymark Company

MODERATOR

#Mobility

Debbie Hauss
Editor-in-Chief
Retail TouchPoints
Presented by
Today’s brick-and-mortar
retailers are using
technology to:
Remain Competitive
Exceed Customer Expectations
Build Memorable Customer Experiences
Provide Outstanding Service
Grow Customer Relationships
Despite the hype,
online sales only
represent

5.8%

of overall US retail
sales.
1

Why is in-store mobility important?

2

What solutions are being considered?

3

How to best implement a retail
mobility strategy.

4

What the future holds…
Why Mobility,
And Why Today?
Most Likely to Own Multiple Connected Devices
72% Adoption Rate for Smartphones
Most Likely to Own an iPhone

GEN Y
Shopping habits are changing

82%

of smartphone shoppers use search
engines while shopping in the store

34%

of consumers investigate purchases
online, before purchasing off-line

25%

Frequent mobile shoppers spend 25%
more in-store

SOURCE: Google Think Research Studies April 2013
80%

of companies believe they deliver a
superior experience to their customers.

8%

of companies deliver a superior
experience, according to customers.

SOURCE: BAIN & COMPANY

SOURCE: BAIN & COMPANY
Consumers
overestimated and
sales associates
underestimated
transaction times.

- Association for
Consumer Research
Customers state that
20% of products they want
are out of stock,
but inventory management
systems state that
only 2-3% of products
ever run out before being
replenished.
SOURCE: HBR.COM
“People will forget what
you said, people will forget
what you did, but people
will never forget how you
made them feel.”
- Maya Angelou
“There’s been a shift from retailers pushing
goods to consumers being able to pull what
they want from a variety of different places that
didn’t exist five years ago. Retailers are
recognizing that their key differentiator could
be that person standing in the store.”

Alison Paul,
retail consultant for Deloitte
as quoted by Time Magazine
“Provide sales
associates with
powerful mobile
devices to build
relationships,
not just execute
transactions.”
SOURCE: LUXURYSOCIETY.COM
Like a Fish in
Water:

Using Mobile
Technology Benefits
Adoption and
Training Speed
48%

of retail employees are not very likely
to make a genuine effort to find a new
job in the next year.
SOURCE: FAMILIESANDWORK.COM

11.2
years

Employees who answered not very
likely plan to stay 11.2 years before
attempting to change employers.
SOURCE: FAMILIESANDWORK.COM
What Are the
Most Common
Mobile Solutions
“Mobile POS Will
Surpass $2 Billion
in 2013”
POLL: Do you have plans to
invest in mobile store
solutions in the next:
0-12 months
13-24 months
25 months or more
No plans for investment
Already invested, won’t be investing more
Tablets and
Smartphones are
the Digital Swiss
Army Knife
Advantages of Mobile
Product Lookup Tools:
Save the Sale
Provide Outstanding Service
Intelligent, Informed Selling
Cross-Sell and Up-Sell Tools
Alternative Product Selections
Clienteling is Much More
Than the Little Black Book!
Loyalty and Brand Advocacy
Provide Personalized Customer
Experiences
Customer Communication Tools
Associate Dashboards
Develop a Consistent Brand
Experience
The Power of Clienteling – Impacts to the Customer Lifecycle

Customer

First sale

Client

Repeat visit

Friend

Continued loyalty

Courteous and Helpful

Recognition; Greeting

Customers Favorite

Introduction
Get acquainted
Provide good service
Address immediate needs
Invite into loyalty program
Follow up
Thank You

Great service
After Sale Follow-up
Permission to Contact for
In Store Events
New Merchandise
Satisfaction Follow-up
Loyalty Offers
Double/Triple Point
Redemption

Shops regular with you
Special things
Call or Email regularly
Invite to Special Events
Personal call to check on
Pick Out Merchandise
Cross Shop for customer
The Power of Clienteling – Impacts to Retail Math

Transactions

Conversions

Traffic

(Traffic) x (Conversion Rate) x (Average Transaction Size) = {Sales}
The Power of Clienteling

Increase in Annual Spend
for Clienteled Customers

33% increase
in the number
of repeat
customers.

8% increase in
margin attributed
63% increase in to more active
pre-selling and
transaction
getting customers
size for
into store before
clienteled
sale.
customers.

24%
conversion
rate within 14
days on
customers
with an
associate
executed
outreach task.

6% increase in
total traffic
attributable to
associate
outbound
communication.
Conversion rates increased as
much as 9% when customers were
assisted by associates who possess
a high degree of product
knowledge and demonstrate
strong interpersonal skills.
Strategies for
Implementing
Mobility
Omni-Channel
Deployment
New Devices and
Operating Systems
Omni-Channel Retailing
is about creating a seamless consumer
experience across all shopping channels.
Retailers cite application
integration as the top
challenge over the next 3
years.
POLL: What’s your hardware
platform of choice for
in-store mobility?
iOS Handheld (ie. iPod Touch or iPhone)
iOS Tablet (ie. iPad or iPad Mini)
Android Handheld
Android Tablet
Windows Handheld
Windows Tablet
SOURCE: RIS STUDY ON MOBILITY
Keeping up with new technologies and
capabilities can sometimes feel like
swimming against the tide.
Plan for Obsolescence
Mobile
Software
Must
Be…

1

Data Agnostic

2

OS Agnostic

3

Deployment Agnostic

4

Flexible and Extensible
Checklist:

Questions to ask your retail mobile software vendor
 Does your application support BYOD? How?
 Does your application store any data locally?
 What happens if a device falls into the wrong
hands? Or, when an associate leaves the
organization?
 Does your application work with any mobile
device management solutions?
 Can your application consume data from any data
source, including external data sources like social
media? Is it truly data agnostic?
 Can your application consume data in real-time,
providing the most accurate information to
associates and customers?
 Is your application centralized, providing a true
360 degree view of the customer data across all
stores and channels, and enterprise-wide
inventory information in real-time?
 Is your application native or web? Is it locked to
any one device? Can it work on the existing PCs I
have in my stores?
 What peripherals are supported by your
application on different devices? Printers,
scanners, card swipe…
 Is your application fully PCI compliant or can you
support hardware that removes the application
from the scope of PCI?
 What happens if a new mobile device comes out a
year from now? Will I have to change my software?
The Future
Of Mobility
2004

2005

2006

2007

2008

2009

2010
“Instagram registers consumer
engagement 18 times that of
Facebook”
SOURCE: LUXURYDAILY.COM
“21% of Pinterest users have
bought an item in a store after
pinning, repinning, or liking the
item on the site.”
SOURCE: BUSINESSINSIDER.COM
Social Interactions
Omni-Channel Wishlists
Data Mining
Associates & Consumer Mobile
“By 2017, at least half of all
companies will require
BYOD, while 40% will be
offered a choice between
BYOD or company supplied
devices.”
1

Retail mobility is a critical component in most retail
environments.

2

To maximize ROI, consider implementing not only POS
but also other mobile solutions such as product
location, inventory management and clienteling.

3

Consider solutions that are data agnostic, OS agnostic
and native, can be deployed on-site or in the cloud,
and are highly flexible and extensible.

4

The future is mobile, social, and interactive!
Thanks for attending!
View and download this presentation here:

http://rtou.ch/storemobility

#Mobility

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The ROI of Empowering Associates Through In-Store Mobility

  • 1. The ROI of Empowering Associates with In-Store Mobility Webinar Sponsored by #Mobility
  • 2. Follow This Webinar On Twitter #Mobility #Mobility
  • 3. Panelists Scott Pearson Danya Rielly CEO, Retaligent Product Marketing Manager, Raymark a Raymark Company MODERATOR #Mobility Debbie Hauss Editor-in-Chief Retail TouchPoints
  • 5. Today’s brick-and-mortar retailers are using technology to: Remain Competitive Exceed Customer Expectations Build Memorable Customer Experiences Provide Outstanding Service Grow Customer Relationships
  • 6. Despite the hype, online sales only represent 5.8% of overall US retail sales.
  • 7. 1 Why is in-store mobility important? 2 What solutions are being considered? 3 How to best implement a retail mobility strategy. 4 What the future holds…
  • 9. Most Likely to Own Multiple Connected Devices 72% Adoption Rate for Smartphones Most Likely to Own an iPhone GEN Y
  • 10. Shopping habits are changing 82% of smartphone shoppers use search engines while shopping in the store 34% of consumers investigate purchases online, before purchasing off-line 25% Frequent mobile shoppers spend 25% more in-store SOURCE: Google Think Research Studies April 2013
  • 11. 80% of companies believe they deliver a superior experience to their customers. 8% of companies deliver a superior experience, according to customers. SOURCE: BAIN & COMPANY SOURCE: BAIN & COMPANY
  • 13. Customers state that 20% of products they want are out of stock, but inventory management systems state that only 2-3% of products ever run out before being replenished. SOURCE: HBR.COM
  • 14. “People will forget what you said, people will forget what you did, but people will never forget how you made them feel.” - Maya Angelou
  • 15. “There’s been a shift from retailers pushing goods to consumers being able to pull what they want from a variety of different places that didn’t exist five years ago. Retailers are recognizing that their key differentiator could be that person standing in the store.” Alison Paul, retail consultant for Deloitte as quoted by Time Magazine
  • 16. “Provide sales associates with powerful mobile devices to build relationships, not just execute transactions.” SOURCE: LUXURYSOCIETY.COM
  • 17. Like a Fish in Water: Using Mobile Technology Benefits Adoption and Training Speed
  • 18. 48% of retail employees are not very likely to make a genuine effort to find a new job in the next year. SOURCE: FAMILIESANDWORK.COM 11.2 years Employees who answered not very likely plan to stay 11.2 years before attempting to change employers. SOURCE: FAMILIESANDWORK.COM
  • 19. What Are the Most Common Mobile Solutions
  • 20. “Mobile POS Will Surpass $2 Billion in 2013”
  • 21. POLL: Do you have plans to invest in mobile store solutions in the next: 0-12 months 13-24 months 25 months or more No plans for investment Already invested, won’t be investing more
  • 22. Tablets and Smartphones are the Digital Swiss Army Knife
  • 23.
  • 24. Advantages of Mobile Product Lookup Tools: Save the Sale Provide Outstanding Service Intelligent, Informed Selling Cross-Sell and Up-Sell Tools Alternative Product Selections
  • 25. Clienteling is Much More Than the Little Black Book! Loyalty and Brand Advocacy Provide Personalized Customer Experiences Customer Communication Tools Associate Dashboards Develop a Consistent Brand Experience
  • 26. The Power of Clienteling – Impacts to the Customer Lifecycle Customer First sale Client Repeat visit Friend Continued loyalty Courteous and Helpful Recognition; Greeting Customers Favorite Introduction Get acquainted Provide good service Address immediate needs Invite into loyalty program Follow up Thank You Great service After Sale Follow-up Permission to Contact for In Store Events New Merchandise Satisfaction Follow-up Loyalty Offers Double/Triple Point Redemption Shops regular with you Special things Call or Email regularly Invite to Special Events Personal call to check on Pick Out Merchandise Cross Shop for customer
  • 27. The Power of Clienteling – Impacts to Retail Math Transactions Conversions Traffic (Traffic) x (Conversion Rate) x (Average Transaction Size) = {Sales}
  • 28. The Power of Clienteling Increase in Annual Spend for Clienteled Customers 33% increase in the number of repeat customers. 8% increase in margin attributed 63% increase in to more active pre-selling and transaction getting customers size for into store before clienteled sale. customers. 24% conversion rate within 14 days on customers with an associate executed outreach task. 6% increase in total traffic attributable to associate outbound communication.
  • 29. Conversion rates increased as much as 9% when customers were assisted by associates who possess a high degree of product knowledge and demonstrate strong interpersonal skills.
  • 32. Omni-Channel Retailing is about creating a seamless consumer experience across all shopping channels.
  • 33. Retailers cite application integration as the top challenge over the next 3 years.
  • 34. POLL: What’s your hardware platform of choice for in-store mobility? iOS Handheld (ie. iPod Touch or iPhone) iOS Tablet (ie. iPad or iPad Mini) Android Handheld Android Tablet Windows Handheld Windows Tablet
  • 35. SOURCE: RIS STUDY ON MOBILITY
  • 36. Keeping up with new technologies and capabilities can sometimes feel like swimming against the tide.
  • 39. Checklist: Questions to ask your retail mobile software vendor  Does your application support BYOD? How?  Does your application store any data locally?  What happens if a device falls into the wrong hands? Or, when an associate leaves the organization?  Does your application work with any mobile device management solutions?
  • 40.  Can your application consume data from any data source, including external data sources like social media? Is it truly data agnostic?  Can your application consume data in real-time, providing the most accurate information to associates and customers?  Is your application centralized, providing a true 360 degree view of the customer data across all stores and channels, and enterprise-wide inventory information in real-time?
  • 41.  Is your application native or web? Is it locked to any one device? Can it work on the existing PCs I have in my stores?  What peripherals are supported by your application on different devices? Printers, scanners, card swipe…  Is your application fully PCI compliant or can you support hardware that removes the application from the scope of PCI?  What happens if a new mobile device comes out a year from now? Will I have to change my software?
  • 44. “Instagram registers consumer engagement 18 times that of Facebook” SOURCE: LUXURYDAILY.COM
  • 45. “21% of Pinterest users have bought an item in a store after pinning, repinning, or liking the item on the site.” SOURCE: BUSINESSINSIDER.COM
  • 50. “By 2017, at least half of all companies will require BYOD, while 40% will be offered a choice between BYOD or company supplied devices.”
  • 51. 1 Retail mobility is a critical component in most retail environments. 2 To maximize ROI, consider implementing not only POS but also other mobile solutions such as product location, inventory management and clienteling. 3 Consider solutions that are data agnostic, OS agnostic and native, can be deployed on-site or in the cloud, and are highly flexible and extensible. 4 The future is mobile, social, and interactive!
  • 52. Thanks for attending! View and download this presentation here: http://rtou.ch/storemobility #Mobility