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Venture Lab@Stanford U
               “Paying Attention”
2nd Assignment submitted by Jacky Leung of Team
                     13414
               Date: 30 Oct., 2012
           A Crash Course in Creativity
Legends of Observations
Observations for Mannings
Outside              Environment               Personnel                 Products                  Customers               Others

                     White, green &            No actual sales           Notice the cosmos         Most customers are      Too noise due to PA
                     orange… like green        contact before I asked.   products 1st in central   alone                   promotion messages
                     field                                               display


                     Ground floor only.        Not really to have a      Cosmos products are       Main female aged 3x     Staff are not well fit
                     Good s are closely        sales script. But just    for sale and located in   to 4x                   with energized
                     packed                    want to know what         central.                  They trend to walk in   appearance.
                                               you want.                                           different directions
Calibrai Sign        Room head > 20’           Only 2 sales person       Products are arranged     Most customer stay      Customer interaction
Pharm Store          Feeling free              aged 2x to 3x.            by functions              less than 15mins on     can be done most
                                                                                                   average.                effectively.

No security guard    Very …                    No ideas if they are      No free samples           Products can be         Very good supply of
                     Feel                      using store products.     Sweets, cosmos &          touched. Most of        various type of Pharm,
                     Good                                                health foods are at       customers are on        Cosmos & Healthcare
                                                                         eye level                 mission to buy.         products in a small
                                                                                                                           area
                     Loud sound due to PA      Uniform in orange         Facial tissues are in     Up to 6 out of 10
                     broadcast on offering     Not fit with the store    the least accessible      customers purchased
                     items                     image.                    locations                 in the store


                     Music – yes but just                                Most expensive
                     like radio DJ. Not well                             products are located
                     fit.                                                at central table

                     Store temp is OK                                    Easy found price tag
                                                                         Impulse items found
                                                                         nears cash register
Observations for Mannings
Outside    Environment            Personnel   Products   Customers   Others

           No distinctive
           smell & not
           crowed
           Cashier at right
           side close to main
           door
           Not visible security
           I would like to stay
           15mins.
           The shop is bright
           & very clean and
           no sales person
           would bother you.
Observations for Mannings




Alone customer
                 Most expensive cosmos       Least expensive facial
                 products in central table   tissues in the corner
                                             area.
Observations for Nikko
                                     Alone customer




                                                        Tidy arranged    Staff not notice
                                                        by products      me and no
Open door, closely Salesman turned
                   when saw me….     Can touch          types            greeting to me.
packed items

                                       Experience is bad with this Nikko shop which
Copies of                              mainly showing hiking & camping equipments
magazines to                           bcos I was left unattended for my whole tour
show off their                         in the shop.
products


                   2nd Open door,
                   closely packed
                   items
Observation for AA Aquarium

                      Hot item
                      was shown
Open door,            @entrance     Tidy & clean                  Tiny video
                                                   Sweets for     display to
closely packed                      product
                                                   customers!!!   show
items. Smart          inventory     showcase
sales lady                                                        products

  Experience is pretty good with this AA
  Aquaruim shop which mainly selling office
  type mini aquarium sets which are quiet
  impressive on the all-in-one design. The sales
  lady was very friendly and very smart enough
  to spot me within seconds.
Observations for Eddy’s Magic
Straight to
the point!         Mini magic                                           Not only the
                   games                                                products of
                   available                                            magic but the
                                                                        main stream is
                                                                        the magic
                                                                        school training
                    Eye catching…                                       course for both
                                                                        adults &
                                                   Video shows          children such
                                                                        that different
The magic show stage design
                                                                        kinds of magic
entrance which makes to attract
                                                                        products were
eye balls but there was no                Sitting place for customers
                                                                        show.
customer @lunch time and the
sales lady was not alert enough     Open door design with stage
to sense me to come to their        like deco.
shop.
Observation for Fitness & Wellness
                                                       Show no interest…

                             No customer….




                                                           Far away…..



Open door, very           Can you find the sales
closely packed items      lady?



Experience is bad with this F&W shop which mainly
selling gym foods bcos I was left unattended for my
whole tour in the shop and the sales lady even don’t
bother to look at me!
Observation for Popular Book Store



                                               Hot items

Eye catching      Open door,         With Security
promotion on MS   customer flow is
stuff             good .
Observation for Popular Book Store




                                                 Easy understand
                                                 discount banners
                                                 stick on book shelfs
Did he enjoy the   Clean & tidy, soft lighting
music?             & quiet.
Observation for Popular Book Store




                                                         Children corner
Did they enjoy the books? Quick access CD inventory

Experience is excellent with this book store The sales person
were very friendly & helpful to any kind of customers ranged
from 5 to 6x aged. The background music was classical &
soft and it was lovely to spend the whole afternoon in this
book shop. Sales hit rate was high > 60% on average in
about 15 mins.
New Opportunities
Retail customer experience enhancement
Today’s retailer can no longer compete on price alone. In order to sustain and improve profitability in this highly competitive
      environment, retailers need to differentiate themselves from other stores and strengthen customer loyalty to increase
      overall sales. To survive in today’s highly competitive environment, retailers must:
•     Deliver a unique retail experience that provides customers with the tools and services required to ultimately drive greater
      customer loyalty
•     Streamline everyday processes to maximize the productivity of retail associates, providing better control over labor costs
      while freeing up time to provide more personalized customer service
•     Achieve a new level of service excellence, eliminating long lines at the checkout counter and long waits for price and
      inventory checks
                                        Customer loyalty starts
                                        with satisfied customers
                                                     &
                                        Customer Experiences
                                        are the key success to
                                        build satisfaction &
                                        loyalty!

References: Motorloa.com, Snapsurveys.com, Dnvba.com
New Opportunities
•    Tomorrow’s customers will demand a customer experience that is uniquely relevant to them. They will expect retailers to deliver on
     their brand promise, regardless of channel. They will be drawn to value, not to a particular retailer; and as demands on personal time
     keep increasing, customers will only spend time (and money!) where they find value. Each shopping experience will matter more.



       –     What if the customers can fully web access the store items information from their mobile smartdevice?
       –     What if the customers can be told by special personal promotion items from the web CRM when they just
             entered the store?
       –     What if the staff proactively ready to serve customers that needed special care ?
       –     What if the customers can locate any items virtually from the mobile “compress”?
       –     What if the customers can entered luck draw & promotion programs automatically when about to check out
             or leave the store?




References: Deloitte.com, Deloitte Store 3.0™,

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Jacky leung 2nd assign 20121030 v1.1

  • 1. Venture Lab@Stanford U “Paying Attention” 2nd Assignment submitted by Jacky Leung of Team 13414 Date: 30 Oct., 2012 A Crash Course in Creativity
  • 3. Observations for Mannings Outside Environment Personnel Products Customers Others White, green & No actual sales Notice the cosmos Most customers are Too noise due to PA orange… like green contact before I asked. products 1st in central alone promotion messages field display Ground floor only. Not really to have a Cosmos products are Main female aged 3x Staff are not well fit Good s are closely sales script. But just for sale and located in to 4x with energized packed want to know what central. They trend to walk in appearance. you want. different directions Calibrai Sign Room head > 20’ Only 2 sales person Products are arranged Most customer stay Customer interaction Pharm Store Feeling free aged 2x to 3x. by functions less than 15mins on can be done most average. effectively. No security guard Very … No ideas if they are No free samples Products can be Very good supply of Feel using store products. Sweets, cosmos & touched. Most of various type of Pharm, Good health foods are at customers are on Cosmos & Healthcare eye level mission to buy. products in a small area Loud sound due to PA Uniform in orange Facial tissues are in Up to 6 out of 10 broadcast on offering Not fit with the store the least accessible customers purchased items image. locations in the store Music – yes but just Most expensive like radio DJ. Not well products are located fit. at central table Store temp is OK Easy found price tag Impulse items found nears cash register
  • 4. Observations for Mannings Outside Environment Personnel Products Customers Others No distinctive smell & not crowed Cashier at right side close to main door Not visible security I would like to stay 15mins. The shop is bright & very clean and no sales person would bother you.
  • 5. Observations for Mannings Alone customer Most expensive cosmos Least expensive facial products in central table tissues in the corner area.
  • 6. Observations for Nikko Alone customer Tidy arranged Staff not notice by products me and no Open door, closely Salesman turned when saw me…. Can touch types greeting to me. packed items Experience is bad with this Nikko shop which Copies of mainly showing hiking & camping equipments magazines to bcos I was left unattended for my whole tour show off their in the shop. products 2nd Open door, closely packed items
  • 7. Observation for AA Aquarium Hot item was shown Open door, @entrance Tidy & clean Tiny video Sweets for display to closely packed product customers!!! show items. Smart inventory showcase sales lady products Experience is pretty good with this AA Aquaruim shop which mainly selling office type mini aquarium sets which are quiet impressive on the all-in-one design. The sales lady was very friendly and very smart enough to spot me within seconds.
  • 8. Observations for Eddy’s Magic Straight to the point! Mini magic Not only the games products of available magic but the main stream is the magic school training Eye catching… course for both adults & Video shows children such that different The magic show stage design kinds of magic entrance which makes to attract products were eye balls but there was no Sitting place for customers show. customer @lunch time and the sales lady was not alert enough Open door design with stage to sense me to come to their like deco. shop.
  • 9. Observation for Fitness & Wellness Show no interest… No customer…. Far away….. Open door, very Can you find the sales closely packed items lady? Experience is bad with this F&W shop which mainly selling gym foods bcos I was left unattended for my whole tour in the shop and the sales lady even don’t bother to look at me!
  • 10. Observation for Popular Book Store Hot items Eye catching Open door, With Security promotion on MS customer flow is stuff good .
  • 11. Observation for Popular Book Store Easy understand discount banners stick on book shelfs Did he enjoy the Clean & tidy, soft lighting music? & quiet.
  • 12. Observation for Popular Book Store Children corner Did they enjoy the books? Quick access CD inventory Experience is excellent with this book store The sales person were very friendly & helpful to any kind of customers ranged from 5 to 6x aged. The background music was classical & soft and it was lovely to spend the whole afternoon in this book shop. Sales hit rate was high > 60% on average in about 15 mins.
  • 13. New Opportunities Retail customer experience enhancement Today’s retailer can no longer compete on price alone. In order to sustain and improve profitability in this highly competitive environment, retailers need to differentiate themselves from other stores and strengthen customer loyalty to increase overall sales. To survive in today’s highly competitive environment, retailers must: • Deliver a unique retail experience that provides customers with the tools and services required to ultimately drive greater customer loyalty • Streamline everyday processes to maximize the productivity of retail associates, providing better control over labor costs while freeing up time to provide more personalized customer service • Achieve a new level of service excellence, eliminating long lines at the checkout counter and long waits for price and inventory checks Customer loyalty starts with satisfied customers & Customer Experiences are the key success to build satisfaction & loyalty! References: Motorloa.com, Snapsurveys.com, Dnvba.com
  • 14. New Opportunities • Tomorrow’s customers will demand a customer experience that is uniquely relevant to them. They will expect retailers to deliver on their brand promise, regardless of channel. They will be drawn to value, not to a particular retailer; and as demands on personal time keep increasing, customers will only spend time (and money!) where they find value. Each shopping experience will matter more. – What if the customers can fully web access the store items information from their mobile smartdevice? – What if the customers can be told by special personal promotion items from the web CRM when they just entered the store? – What if the staff proactively ready to serve customers that needed special care ? – What if the customers can locate any items virtually from the mobile “compress”? – What if the customers can entered luck draw & promotion programs automatically when about to check out or leave the store? References: Deloitte.com, Deloitte Store 3.0™,