consumer journey - nfc forum · 3/1/2017 · retail and brand experience next generation ......

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T H E I N T E R N E T O F T H I N G S $410 BILLION TO RETAIL ECONOMIC IMPACT PER YEAR 7 TOTAL MARKET POTENTIAL OF CONNECTED PACKAGING AND LABELS 3 67% CONSUMERS ARE INFLUENCED BY ONLINE REVIEWS 6 RETAIL AND BRAND EXPERIENCE NEXT GENERATION $1.2 TRILLION TRILLION IN 2021 TRILLION IN 2026 90% SMARTPHONE OWNERS USE THEIR PHONES WHILE IN-STORE 2 SMART PACKAGES AND HANG TAGS DRIVE: Education, Sales, Reorders Access Sale Information Share Reviews Increase Traffic to the Store BOOK A SHOWROOM APPOINTMENT RAIN RFID (Radio Frequency Idenficaon) Helps Stores Manage Inventory in Real Time OTHER TECHNOLOGIES IN-STORE CONSUMER JOURNEY How Retail Technologies Work Together to Create a Seamless Experience in Omnichannel Retail NFC-ENABLED HANDSETS 5 BY 2020: 2.2 BILLION A RETAILER’S OMNICHANNEL SHOPPERS MAKE 23% MORE REPEAT SHOPPING TRIPS 1 “Retailers need to embrace mobile as part of the path to purchase.” Tom Colven, senior analyst Alliance Data booked MOBILE CONNECTIONS ALLOW CUSTOMERS TO: BLUETOOTH Interactive Places Drive Customers to the Store or Specific Store Departments For a Personalized Shopping Experience MILLENIALS BELIEVE ONLINE CONTENT DRIVES BRAND LOYALTY 4 62% PRE-PURCHASE (Near Field Communicaons) NFC ADS INTEGRATED INTO PRINT AND OUT-OF-HOME MEDIA PRE-SALE PRODUCT MESSAGING CONNECT TO CHAT BOT TO ANSWER QUESTIONS MOBILE POINT OF SALE INTEGRATION ENDLESS AISLE BLUETOOTH RAIN RFID BLUETOOTH RAIN RFID OTHER TECHNOLOGIES OTHER TECHNOLOGIES NFC MAGIC MIRRORS (Smart Fitting Rooms) SMART SHELF DISPLAYS IMPROVED INVENTORY ACCURACY IMPROVED ANTI-THEFT/EAS LOCATION-BASED OFFERS WITHIN STORE DEPARTMENTS SPECIAL OFFERS only when matching app is installed $ AT-SHELF EXPERIENCES THAT ENCOURAGE PURCHASES FAST, SIMPLE, SECURE PAYMENT ACCESS PRODUCT INFORMATION (Virtual Sales Person) CONNECT TO STORE WI-FI QUICK LINK FOR SHOPPERS TO DOWNLOAD RELEVANT APP Links to a Retailer’s E-Commerce When a Product is Not Available in Store PRODUCT AUTHENTICATION DIGITAL SIGNAGE WE’RE OPEN! GET SOCIAL PROOF! Connect to Social Media and/or Reviews LOYALTY INTEGRATION COUPONING POST-SALE PRODUCT MESSAGING PRODUCT RE-ORDER E-COMMERCE TO CROSS-SELL AND UP-SELL CONNECT TO SUPPORT & CUSTOMER SERVICE PROVIDE TIMELY FEEDBACK AUTOMATED OR SUBSCRIPTION PURCHASES DIGITAL RETAIL EXPERIENCE AVAILABLE ONLY IN STORE DIGITAL RETAIL EXPERIENCE AVAILABLE ONLY IN STORE NFC POST-PURCHASE PRODUCT AUTHENTICATION WARRANTY REGISTRATION PERSONALIZED GIFTING INSTANT, SECURE PAIRING CONNECT TO A COMMUNITY WITH SHARED INTERESTS ACCESS INSTRUCTIONS & MAINTENANCE INFO Near Field Communication (NFC) A short-range wireless connectivity technology that helps consumers connect to a world of convenience, information, and enhanced experiences at home, around town, or when they travel. With NFC, users choose when they want to access content or have an NFC experience. RAIN RFID UHF (Radio Frequency Identification) The wireless technology used most often for ambient inventory tracking and supply chain applications. Passive RFID tags on products and boxes contain logistics infor- mation that can only be read with a special handheld reader at a range of 3-10 meters. RFID typically only supports one-way communication. Bluetooth Beacons A wireless technology that is built into most mobile phones and many consumer electronic devices. Bluetooth supports two-way communication within a range of 10 meters. Bluetooth Beacons can activate a shop or venue, and push content to patrons who have a pre-installed store or venue mobile app. Barcode/QR Code (Quick Response code) A visual barcode that, when scanned, might open a web page or download information. The user must have an barcode reader app installed and opened on their smart- phone to read any barcode. QR CODES READABILITY SECURITY EASE OF USE DESIGN Read with One Tap Need to Have Good Lighng Secure, Resists Cloning Not Secure, Easy to Clone Easy! One Tap Need an App to Read Unaracve Maximize Size to Improve Usability Limitless Invisible and Integrated into Brand Graphics HOW DOES NFC COMPARE TO QR CODES? NFC is the right tool to strengthen customer relationships and enhance the customer experience by making in-store and post-sale engagement simple and compelling. Delivers intuive experiences to digital nave and mobile-first shoppers Addresses consumer preference for speed, convenience, and control Brings the benefits of digital markeng to physical products and packages Provides simple and straighorward customer experience Integrates easily into every step of the consumer journey WHY INTEGRATE NFC INTO YOUR BRAND AND RETAIL STRATEGIES NFC JOIN THE NFC FORUM hp://nfc-forum.org/join/ Impact the future of NFC in retail. Parcipate in the NFC Forum Retail & Payment Special Interest Group. hp://nfc-forum.org/retail-sig/ hp://nfc-forum.org RETAIL TECHNOLOGIES DEFINED NFC Enables a personalized digital experience unique to each unit of product 1. Sopadijeva, E., Dholakia, U., Benjamin, B. A study of 46,000 shoppers shows that omnichannel retailing works. Harvard Business Review, 03 January 2017. 2. Sterling, G. Survey: 90 percent of retail shoppers use smartphones in stores. Markeng Land, 20 July 2015. 3. The Internaonal Market for Brand Protecon Soluons, Vandagraf. 2015. 4. The Millennial Mind: How Content Drives Brand Loyalty. NewsCred Report, 2014. 5. Tait, D. NFC-enabled handset shipments to reach three-quarters of a billion in 2015. IHS Markit. 29 June 2015. 6. Hinckley, D. New Study: Data Reveals 67% of Consumers are Influenced by Online Reviews. MOZ, 02 September 2015. 7. The Internet of Things: Mapping the Value Beyond the Hype. McKinsey Global Instute Report, June 2015.

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THE I

NTERNET OF THINGS

$410 BILLIONTO

RETAIL ECONOMIC IMPACT PER YEAR7

TOTAL MARKET

POTENTIAL

OF CONNECTED PACKAGING AND LABELS3

67%CONSUMERS ARE

INFLUENCEDBY ONLINE REVIEWS6

RETAIL AND BRAND EXPERIENCENEXT GENERATION

$1.2 TRILLION

TRILLION IN 2021

TRILLION IN 2026

90%SMARTPHONE OWNERS

USE THEIR PHONESWHILE IN-STORE2

SMART PACKAGES AND HANG TAGS DRIVE: Education, Sales, Reorders

Access Sale InformationShare Reviews

Increase Trafficto the Store

BOOK A SHOWROOM APPOINTMENT

RAIN RFID(Radio Frequency Identification)

Helps StoresManage Inventory in Real Time

OTHER TECHNOLOGIES

IN-STORE

CONSUMER JOURNEYHow Retail Technologies Work Together to Create

a Seamless Experience in Omnichannel Retail

NFC-ENABLED HANDSETS5

BY 2020:

2.2 BILLION

A RETAILER’S OMNICHANNEL SHOPPERS

MAKE

23%MORE REPEAT SHOPPING

TRIPS1

“Retailers need to embrace mobile as part of the path to purchase.”

Tom Colven, senior analystAlliance Data

booked

MOBILE CONNECTIONSALLOW CUSTOMERS TO:

BLUETOOTHInteractive Places

Drive Customers to the Storeor Specific Store Departments

For a PersonalizedShopping Experience

MILLENIALS BELIEVE ONLINE CONTENT

DRIVES BRAND LOYALTY4

62%

PRE-PURCHASE(Near Field Communications)

NFC

ADS INTEGRATED INTO PRINT AND OUT-OF-HOME MEDIA

PRE-SALEPRODUCT MESSAGING

CONNECT TO CHAT BOTTO ANSWER QUESTIONS

MOBILE POINT OF SALEINTEGRATION

ENDLESS AISLE

BLUETOOTH RAIN RFID

BLUETOOTH RAIN RFIDOTHER

TECHNOLOGIES

OTHER TECHNOLOGIES

NFC

MAGIC MIRRORS(Smart Fitting Rooms)

SMART SHELF DISPLAYS

IMPROVED INVENTORY ACCURACY

IMPROVED ANTI-THEFT/EAS

LOCATION-BASEDOFFERS WITHIN STOREDEPARTMENTS

SPECIAL OFFERSonly when matching app is installed

$

AT-SHELF EXPERIENCESTHAT ENCOURAGE

PURCHASES

FAST, SIMPLE, SECUREPAYMENT

ACCESS PRODUCT INFORMATION(Virtual Sales Person)

CONNECT TO STORE WI-FI

QUICK LINKFOR SHOPPERS TODOWNLOAD RELEVANT APP

Links to a Retailer’s E-CommerceWhen a Product is Not Availablein Store

PRODUCT AUTHENTICATION

DIGITAL SIGNAGE

WE’RE OPEN!

GET SOCIAL PROOF!Connect to Social Mediaand/or Reviews

LOYALTY INTEGRATION

COUPONING

POST-SALEPRODUCT MESSAGING

PRODUCT RE-ORDER

E-COMMERCE TO CROSS-SELLAND UP-SELL

CONNECT TO SUPPORT &CUSTOMER SERVICE

PROVIDE TIMELY FEEDBACK

AUTOMATED OR SUBSCRIPTIONPURCHASES

DIGITAL RETAIL EXPERIENCEAVAILABLE ONLY IN STORE

DIGITAL RETAIL EXPERIENCEAVAILABLE ONLY IN STORE

NFCPOST-PURCHASE

PRODUCTAUTHENTICATION

WARRANTYREGISTRATION

PERSONALIZED GIFTING

INSTANT, SECUREPAIRING

CONNECT TO A COMMUNITYWITH SHARED INTERESTS

ACCESS INSTRUCTIONS &MAINTENANCE INFO

Near Field Communication (NFC) A short-range wireless connectivity technology that helps consumers connect to a world of convenience, information, and enhanced experiences at home, around town, or when they travel. With NFC, users choose when they want to access content or have an NFC experience.

RAIN RFID UHF (Radio Frequency Identification) The wireless technology used most often for ambient inventory tracking and supply chain applications. Passive RFID tags on products and boxes contain logistics infor-mation that can only be read with a special handheld reader at a range of 3-10 meters. RFID typically only supports one-way communication.

Bluetooth BeaconsA wireless technology that is built into most mobile phones and many consumer electronic devices. Bluetooth supports two-way communication within a range of 10 meters. Bluetooth Beacons can activate a shop or venue, and push content to patrons who have a pre-installed store or venue mobile app.

Barcode/QR Code (Quick Response code) A visual barcode that, when scanned, might open a web page or download information. The user must have an barcode reader app installed and opened on their smart-phone to read any barcode.

QR CODES

READABILITY

SECURITY

EASE OF USE

DESIGN

Read with One Tap Need to HaveGood Lighting

Secure, Resists Cloning Not Secure, Easy to Clone

Easy! One Tap Need an App to Read

UnattractiveMaximize Size to Improve Usability

LimitlessInvisible and Integrated into Brand Graphics

HOW DOESNFC

COMPARE TOQR CODES?

NFC is the right tool to strengthen customer relationships and enhance the customer experience by making in-store and post-saleengagement simple and compelling.

Delivers intuitive experiences to digitalnative and mobile-first shoppers

Addresses consumer preference forspeed, convenience, and control

Brings the benefits of digital marketingto physical products and packages

Provides simple and straightforwardcustomer experience

Integrates easily into every step of theconsumer journey

WHY INTEGRATE NFC

INTO YOUR BRAND AND RETAILSTRATEGIES

NFC

JOIN THE NFC FORUM

http://nfc-forum.org/join/

Impact the future of NFC in retail. Participate in the NFCForum Retail & PaymentSpecial Interest Group.http://nfc-forum.org/retail-sig/ http://nfc-forum.org

RETAIL TECHNOLOGIES DEFINED

NFC

Enables a personalized digital experience unique to each unit of product

1. Sopadijeva, E., Dholakia, U., Benjamin, B. A study of 46,000 shoppers shows that omnichannel retailing works. Harvard Business Review, 03 January 2017.2. Sterling, G. Survey: 90 percent of retail shoppers use smartphones in stores. Marketing Land, 20 July 2015.3. The International Market for Brand Protection Solutions, Vandagraf. 2015.4. The Millennial Mind: How Content Drives Brand Loyalty. NewsCred Report, 2014.5. Tait, D. NFC-enabled handset shipments to reach three-quarters of a billion in 2015. IHS Markit. 29 June 2015.6. Hinckley, D. New Study: Data Reveals 67% of Consumers are Influenced by Online Reviews. MOZ, 02 September 2015.7. The Internet of Things: Mapping the Value Beyond the Hype. McKinsey Global Institute Report, June 2015.