Douglas M. Smith, Chief Innovator of HolyTornado! presents a new way for retailers to turn empowered customers into empowered shoppers. By leveraging constant innovation, or Tornado Effects, retailers can create real growth.
12. LOW GROWTH IS HERE TO STAY
“The market scraped marginal growth in 2009 and I
see a low growth environment as here to stay. The
combination of a weak economic outlook and a changing
consumer means the industry is at a key inflection point as
it re-aligns itself to a new reality. What growth there
is will be absorbed by online. Like-for-like sales
will thus dip in and out of negative territory on a monthly
basis.” - Helen Dickinson, KPMG
Published by the
Source: KPMG/Synovate Retail Think Tank Whitepaper, Feb 2010 BRITISH RETAIL CONSORTIUM
13. MEANWHILE…
B2C E-COMMERCE SALES* IN EUROPE** 2006-2011
(billions USD and %increase vs. prior year)
(15.6%)
(20%) $406.8
(25.6%) $357.4
(28%)
$307.1
$255.7
(37.2%)
$196.9
$132.9
2006 2007 2008 2009 2010 2011
*includes online travel, event ticket and digital download sales; **includes Austria, Belgium, Denmark, Source: eMarketer
France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain,
Sweden, Switzerland and the UK