ebook - mobility for retail
TRANSCRIPT
BREAK AWAY FROM THE COMPETITION WITH MOBILITY FOR RETAIL
INTRODUCTION
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In the world of retail, new technologies regularly redefine
how businesses reach customers. Not long ago, the
launch of the Internet provided a whole new take on
retail. Today, e-commerce has become a key selling
channel for most retailers. However, the businesses
that were quick to capitalize on the trend during its early
days were able to gain a competitive advantage, and
set themselves up for unprecedented revenue growth in
the years to come.
We can apply the knowledge gleaned from the Internet
boom to today’s most transformative retail technology:
the mobile device. Everywhere you look, it seems there’s
a new source that names mobility as the most radical
force in business. In fact, Forrester argued that mobile
leaders would break away from their competition, and
2015 would be the year it happened.
MOBILE DEvICE OwNERshIp hAs sURgED TO ThE pOINT OF ALMOsT COMpLETE MARkET sATURATION. Data from GSMA Intelligence found that the total
number of mobile devices in the world surpassed the
number of human beings in the world sometime in late
2014, and predictions hold that the spread will only grow
more pronounced over time. It’s evident that today’s
consumers are an inherently mobile species, and
retailers must account for that fact if they wish to reach
them.account for that fact if they wish to successfully
reach them.
Quantity (Billions)
0 1 2 3 4 5 6 7 8
MOBILE CONNECTIONs, INCLUDINg M2M
gLOBAL pOpULATION, 2015
UNIQUE MOBILE sUBsCRIBERs
ThE MOBILECONsUMER
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First, access to almost limitless information on the go
has made consumers more empowered. They can
comparison shop, read product reviews, and share
their opinions on social media in the moment. They can
also be reached by marketing messages wherever they
are, but this fact has only made it more difficult to get
through to them with a message that will stand out and
be impactful.
While consumer media habits have evolved in recent
years, not all businesses have followed suit. According
to a study from the IBM Institute for Business Value,
only about half of all organizations have a clearly
defined mobility strategy, despite clear indications that
these strategies are essential to succeeding in today’s
mobile world.
If your organization falls into the camp of those who
haven’t adequately prepared for the mobile revolution,
this ebook can help. Read on to learn more about how
mobility is rapidly changing retail, and proactive steps
you can take to strengthen your organization.
ThE gROwTh OF MOBILITY hAs ChANgED ThE AvERAgE CONsUMER IN A NUMBER OF wAYs.
FOUR UsE CAsEs FOR MOBILITY IN RETAIL
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of traditional e-commerce, but there are important
distinctions to consider. In many ways, mobile commerce
serves as the bridge between digital commerce and the
physical world, because it can take place anywhere.
When done correctly, mobile commerce can connect
various touchpoints to form a seamless experience that
deepens the brand’s relationship with the customer.
However, it’s important to note that a bad mobile
experience is just as likely to drive a consumer into the
arms of a competitor. Retailers need to take the time to
make sure that their mobile app or mobile website is
easy to use across all devices.
In order to succeed in the age of mobility, you need to
a fresh perspective about the retail business, because
the rules have changed, completely and irreversibly.
Mobility doesn’t just affect one aspect of the business,
either. Here, we’ll describe four different use cases for
mobility in retail settings, and how they can help you
reach customers better and increase revenue.
Mobile Commerce
First and foremost, mobile devices provide another
opportunity for consumers to browse products, learn
about offerings, and place orders. Many retailers would
assume that mobile commerce is just an extension
FOUR UsE CAsEs FOR MOBILITY IN RETAIL
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about the product. It could also mean making trials,
demos and other digital content available to them on
their mobile device. Or, it could mean using specially
targeted offers or coupons to nurture the relationship
over time. No matter how you use it, mobility offers the
opportunity to directly influence what consumers think
about your brand. The important thing is that you take
advantage of the opportunity presented by it.
Customer Experience Management
No matter how a customer chooses to actually place
an order, their mobile device represents an important
opportunity to reach them, educate them, and build a
relationship with them.
This could mean allowing them to scan a product in-store
to access “extended packaging” with more information
FOUR UsE CAsEs FOR MOBILITY IN RETAIL
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By equipping your employees with mobile devices, you
can improve customer service by making them into
an unlimited source of product information. Maybe a
customer needs to know if a product is in stock in a
different color or size. With a mobile device in hand,
an employee would be able to provide an answer
immediately.
Mobile devices can also be useful on the backend
for merchandising and supply chain management.
As inventory levels change, employees can use their
mobile devices to react to those changes instantly.
Mobile Workforce
YOU CAN TAkE ADvANTAgE OF ThIs FACT BY BUILDINg A MOBILE-ENABLED wORkFORCE.
FOUR UsE CAsEs FOR MOBILITY IN RETAIL
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Presence and Location Analytics
FINALLY, MOBILE DEvICEs CAN UsE pREsENCE AND LOCATION ANALYTICs TO INsTANTLY DETECT whEN A spECIFIC CUsTOMER ENTERs A sTORE.
Finally, mobile devices can use presence and location
analytics to instantly detect when a specific customer
enters a store. Mobile beacons placed throughout the
store can determine whether the customer has shopped
in the store before, and if so, how often they shop, the
area of the store they typically shop in, how long they
typically shop for, and what they’ve purchased.
In the past, having this type of individualized customer
information would have been impossible for retailers,
but mobile devices have now made it a reality. Retailers
can now use this information to offer completely
personalized interactions and messaging, helping
improve customer loyalty and drive up revenue per
transaction.
RETAIL MOBILITY CONCERNs
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Mobile security
It’s no surprise that security is a major concern for
retailers. When customers interact with your business
using their mobile device, it’s important that you have a
plan in place to protect their personal data and comply
with any pertinent data security regulations like PCI
Data Security Standards. No matter the size of your
business, PCI DSS is a must for merchants who accept
credit cards, online or offline to ensure the security of
your customers’ payment data.
Also, if your employees are using their devices to
access company data, you must ensure that data is
safely backed up and stored. The consequences of a
data breach, both in terms of up-front losses and lasting
damage to company reputation, are so devastating
that you simply can’t afford to leave mobile security to
chance.
While the potential benefits of mobility in retail settings
are clear, actually taking advantage of those benefits
is easier said than done. The mobile marketplace
is extremely complex, and changes rapidly, making
it difficult for retailers to enter it with a strong mobile
strategy in hand. For one, retailers must be able to
account for multiple mobile platforms and an always-
changing roster of applications. Also, they must have
the infrastructure in place to support their mobile
efforts. In many cases, building this infrastructure can
take up far more time than the actual development and
deployment of mobile applications.
RETAIL MOBILITY CONCERNs
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ThIs pARTNER wILL wALk YOU ThROUgh ThE kEY CONCERNs OF DEpLOYINg MOBILITY FOR RETAIL, whILE ALsO ENsURINg ThAT YOU DON’T ExpERIENCE ANY MAjOR pROBLEMs.
Establishing a Mobile Strategy
In many cases, when retailers get themselves in trouble
with mobility, it’s because they feel the pressure to
adopt a mobile initiative, but don’t have the time or
resources needed to develop a comprehensive mobile
strategy. In cases like these, things like security end up
going unaccounted for, only to come back and hurt the
company later on.
In order to build the mobile strategy your company
needs, it can be helpful to work with a trusted provider
of mobile strategy consulting services.
ThINkAsg: YOUR RETAIL MOBILITY pARTNER
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thinkASG is a trusted provider of IT consulting and
solutions. Our goal is to help our customers take
advantage of the latest technologies by aligning them
to their business goals and objectives.
As an IBM Premier Business Partner, we are uniquely
positioned to help you take advantage of solutions from
IBM MobileFirst, a leading enterprise mobility suite. In
addition to providing some of the best mobility solutions
available, we also offer the knowledge and experience
to unite those solutions with a strong mobile strategy
that accounts for data security and other important
concerns.
Contact us today to get started planning your mobility
strategy.
yourCloud: Together we take a workload by workload
view to determine the best target infrastructure to
deploy your business applications - on or off-premise.
yourData: What can we learn from your business data to
help us craft intelligent solutions for protection, security,
compliance and resiliency of your most important asset
next to your people.
ABOUT Us
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yourSecurity: As a team, we work together to establish
a holistic and mature security posture that will help
detect, prioritize, address and help prevent security
breaches.
yourSupport: We ask, “Is everything essential to running
my business fully protected?” Define and address
gaps in coverage whether it be people, resources or
knowledge.
Our goal is to provide strategic outcomes that align
technology with the goals and objectives of your
business.
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YOUR BUsINEssthinkASG enables technology and business alignment through timely expertise, services and
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