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How to revolutionize brick- and and-mortar retail industry with - - PowerPoint PPT Presentation

How to revolutionize brick- and and-mortar retail industry with big data analytics? April 20, 2015 Agenda T apway Introduction & Why We Do What We Do T echnology Overview In-store Analytics for Retail Chains Shopper


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How to revolutionize brick- and and-mortar retail industry with big data analytics?

April 20, 2015

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Agenda

  • T

apway Introduction & Why We Do What We Do

  • T

echnology Overview

  • In-store Analytics for Retail Chains
  • Shopper Intelligence for Malls
  • Connecting with Consumers
  • Proximity Marketing
  • The Future
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Purchase Loyalty Duration Visits

Retail Outlets Traditional Retail tracking has

Traffic Counter Sales Data

  • i.e POS system

T apway Introduction

Comprehensive Solutions

We have been featured on :

We help you make informed decisions & improve customer experience

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Personalized

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Generic, Not Personalized

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Average mall receives around visitors per year

9.8

million

Each shopper averages approx. per visit

82

mins Shopping centres conduct market surveys

  • nce or twice a year, and collect around 750-

2500 responses. Industry is only collecting data on

  • f its shoppers <0.03%
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360˚ Platform

ANALYZE

  • Count (People Counting Analytics)
  • In-store Analytics (for retail chains)
  • Customer Segmentation &

Cohort Analytics

  • Zonal Traffic Analytics
  • Heatmap & Cross Shopping
  • Sales Analytics

ENGAGE

  • Proximity Marketing /

CRM Platform

CONNECT

  • Guest WiFi services
  • Loyalty program

sign-up

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Access data via dashboard Shopper with smartphone walks by or into store WiFi sensor detects smartphone Add other data such as POS + traffic counters + digital signage Device ID is irreversibly encrypted & stored in cloud Apply data quality control

How It Works

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IR Beam Thermal Video WiFi Bluetooth / iBeacon

Strengths Weaknesses

  • Relatively cheap
  • Simple installation
  • Low power consumption
  • Inaccurate with high traffic volumes
  • Can be blocked by customers standing

in entrance

  • May be negatively affected by sunlight
  • Bi-directional counting
  • Unaffected by shadows, background
  • bjects, ambient light levels
  • Can cover large entrances
  • Cannot accurately measure people

standing still / in line

  • Accuracy affected by high ambient

temperature

  • Large size – visible to customers
  • Proven technology, low bandwidth
  • Highly accurate
  • Bi-directional, filters out objects,

determines height

  • Suitable for various environments
  • Doesn’t detect unique visitors
  • Couldn’t locate visitors
  • Low-cost, rapid deployment
  • Readily available in most stores
  • Detects unique visitors
  • Able to locate visitors
  • Detects only customers with

smartphones and active WiFi

  • Location accuracy relatively low,

although sufficient

  • Lowest cost, fastest deployment
  • Battery-powered
  • Enhanced experience for customers

with mobile apps

  • Adoption is very low – limited

datasets

  • Limited to customers who

downloaded the mobile app

Our technologies

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Benefits for Retail Chains

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Benefits for Shopping Malls

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SHOPPER TRAFFIC SHOPPER DWELL SHOPPER FREQUENCY TENANT SALES SHOP VALUE INDEX

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Dive into each designated zone and analyze shopping behaviour (dwell time, new vs repeat shoppers, total shoppers etc) for each zone

Get instant comparison

  • n which zone is

performing better Know where and when is your hottest zones in one glance

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Example: Why is shopper dwell important for retail?

Sales are always closely correlated with shopper dwell as you can see from evidence below. If mall management can monitor or influence shopper dwell, they can increase sales.

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Find out the makeup of your customer segments (i.e. %

  • f shoppers not

seen in >3 months)

What are your customer demographics? Adult female? Discover your die- hard fans

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How many customers are exposed to your marketing campaign?

Footfall / Exposure

Who are the customers (age and gender)?

Demographics

How much time customers spend looking at the campaign?

Attention Time

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Show people what they want to see. Display specific messages depending on the appearance of a certain demographic profile.

Adaptive Advertising

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A highly in-depth analysis about shopper movement within your location

Discover your shopper’s interest & synergies between categories (Do people eat before going to hypermarket? Do they go to meat department before going to fashion?) Analyse number of times shoppers make stops in your location. The more shoppers stop, the more they will potentially buy.

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Discover your shopper movement throughout the day. Where are the hot spots in the morning? Where are the cold zones at night? How do we improve tenant mix to optimize traffic flow?

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Step 1: Shoppers connect to your Free WiFi Step 2: Engage with Real-time Promixity Marketing

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Connect with Guest WiFi

Did you know that 77% of consumers spend more time in venues with WiFi and 63% spend more money? T apway transforms your WiFi network into a powerful marketing asset that builds your customer database, promotes your business and collects valuable insights.

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Setup & Promote Your Brand

Up to 3 slider images for advertising Your logo Choose your authentication methods using Facebook, Twitter, SMS, Email or by Code

Mobile-first Style to match your brand Advertise your promotions and products Redirect to a website of your choice upon authentication Your splash page is the custom portal through which guests connect to your Guest WiFi. We provide you with the tools to make it your own.

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Great Advertising Platform

Our slider ad space works great on mobile, tablet and desktop PCs, allowing for interactive content like videos as well as static images. We allow coupons and other offers to be displayed on a widget attracting attention from customers right away.

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Boost Social Presence

We help boost your social media presence by allowing your customers to connect with their Facebook and Twitter accounts and interacting with our unique social media widgets. Allow your connected customers to like your Facebook page, follow you on Twitter and Instagram after sign-in Allow Facebook Check-in at your location Facebook, Twitter and Instagram widgets are automatically added to Success page when respective accounts are connected

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Engage with Campaigns

Location-based marketing is quickly becoming an essential part of every retailer's business strategy. 72% of consumers are more likely to respond to marketing messages when they are received within sight of the retailer.

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Personalized, Hyper-T argeted Messaging

Location-based marketing is no longer exclusive to big corporations. T apway has made it accessible and affordable for everyone. REAL-TIME CAMPAIGNS Reaching customers on the go is more important than ever before. Real-time campaigns literally puts your marketing messages in the palm of your customer's hand. GLOBAL CAMPAIGNS Global Campaigns allows you to reach customers who aren't in your venue. Quickly and easily notify all your customers of a flash sale or spur-of-the- moment promotion, automatically push incentives for customers to return to your if store they haven't visited in a while, and more.

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TARGET SEGMENT

T arget your campaigns to specific segments based on gender, age, their number of visits and their interests.

CONTACT METHODS

Choose how you want reach your customers (email and SMS), and the order of precedence.

3RD-PARTY INTEGRATION

Want more control? T apway can also send your server a message when known visitors enter or exit your venue, providing you with the info to integrate Campaign pushing into your own applications, digital signage and more.

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Example Use Cases

You create a Real-Time Campaign targeting females who are new visitors. Sara enters your venue for the first time. She is sent a push after being determined as a visitor with a discount for her first time. You create a Global Campaign targeting visitors who haven't been seen for 30 days. Our logic determines that a past visitor, John, hasn't been seen for 30 days. John is sent a push with an incentive to visit again.

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Loyalty Program Card App App Tapway

  • No loyalty cards required
  • No card reader required
  • No app downloads required
  • Provides contextual

personalization based on shopping behaviour

iBeacon

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The Ideal Future

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ANALYZE CONNECT ENGAGE