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Track sponsored by In Pursuit of Frictionless Commerce Brian Young - - PowerPoint PPT Presentation
Track sponsored by In Pursuit of Frictionless Commerce Brian Young - - PowerPoint PPT Presentation
Track sponsored by In Pursuit of Frictionless Commerce Brian Young Global Director, Innovation and Consulting Toshiba Global Commerce Solutions About Toshiba, and Brian Looking for Friction Friction is everywhere. As retailers and retail
In Pursuit of Frictionless Commerce
Brian Young Global Director, Innovation and Consulting Toshiba Global Commerce Solutions
About Toshiba, and Brian
Looking for Friction
Friction is everywhere. As retailers and retail enthusiasts we’re trained to identify it, removed it and measure the benefit. Then, repeat.
The Vision
The store of the future is here. Retailers must transform in- store experiences to create sustainable business growth. Respecting great retailing, while accelerating toward the future.
- The value of time influences
consumers more than ever before
- Desire to minimize time in the
shopping process
- Considering alternative forms of
shopping
- One size fits all does not meet
the spectrum of consumer desires
- Consumers want to choose the
best shopping and checkout solution for them
- Empower the consumer to build
loyalty and advocacy
Make it Fast Make it Easy
- Consumers desire a positive
experience while shopping
- Want the store to “know” them
and treat them accordingly
- Desire targeted interaction that
appeals to them – contextual relevance
Make it Relevant
Minimizing friction will drive higher adoption of technology as well as loyalty and advocacy
Consumers value their time Consumers want options Consumers want experiences
Understanding the Consumer
And, Putting the Consumer First
Fit How I Shop. Make shopping work for me. Voice Interaction & Augmented Reality. Find What I Want. Make shopping easier for me. Real-Time Inventory & Waypathing Checkout Faster. Make finishing my shopping painless. Automatic Item Recognition & Seamless Payment
The Retailer / Consumer Intersection
Retailer Desires Consumer Desires
Retailer Success (and, Toshiba’s Focus)
Loss Prevention Inventory Optimization Labor Management No Lines Experiences Product Wanted
Future: Seamless Store Tomorrow: Store Operations Today: Loss Prevention
One Step at a Time
Utilizing a Commerce Data Platform as the key integration point and communicatio n layer
From Technology to Experience
Synchronizing Technologies. Implementing any given technologies alone provide value, but a frictionless store end state entails synchronizing multiple technologies to ensure a brilliant experiences. Sensors Artificial Intelligence Edge Computing Mesh Networks Computer Vision
Our Approach
Inclusive, not Exclusive. Minimizing impact to a retailer’s existing store infrastructure Realizing value each step along the journey. This includes customer tracking, inventory and planogram compliance and more.
Toshiba’s Pursuit of Frictionless
In Pursuit of Frictionless Commerce
Brian Young Global Director, Innovation and Consulting Toshiba Global Commerce Solutions
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