1,310 results found

The Future of Digital Retail

• Anticipating future trends and developments
• Plan for future value and avoid obsolescence
– What problem are you trying to solve?
– How will the solution be used?
– How robust does it need to be?
• Ensure flexibility to manage changing formats and deployment patterns

Disruptors – Physical and Digital

– CVS Health: 37% of 2014 capex was on technology and
other corporate initiatives
– Nordstrom: 35% of 2014 capex; plans to spend $4.3 billion
(5% of sales) over next five years
– Walmart: 29% of 2014 US capex; spending “$1.2–$1.5
billion in e-commerce websites and mobile commerce
applications”
– Home Depot: “Tilting investments towards interconnected
retail and technology

Top Ideas on Global Retail and Tech

FBIC TOP 20 RETAIL & TECH TRENDS
1. Ecommercification: More Convenient Payment
2. In-Store Shopping Becomes More Purposeful
3. Webrooming
4. Increasingly Personalized Shopping
5. At-Home Beauty Devices Limit Salon Visits
6. Geofencing and Beacons Enable Location-based Marketing

Hackers Worm Their Way into Apple’s iOS Orchard

On September 19, WeChat (a division of China Internet giant Tencent) posted a blog entry regarding a security flaw caused by external malware called XcodeGhost that was present in WeChat version 6.2.5 for iOS devices. The malware recorded user data and uploaded it to external servers. WeChat version 6.2.6, which was released on September 11, 2015, is the most recent version of the app and is not affected by the malware.

Doing Business in China

$1.63 billion in sales are made in the first 38 minutes
• 42.6% of sales are made via mobile devices
• The first domestic order is delivered in 15 minutes
• The first cross-border order is delivered in 2 hours
• In 2014, Alibaba offered an 11.11 shopping festival to global shoppers

Connected Cars: A Mobile Device Cruising

Automobiles are logically the next devices to be connected to the Internet, since we spend so much time in them and want connectivity everywhere. They will function as nodes in the Internet of Things (IoT), which is forecasted to encompass 50 billion devices by 2020.

Top Ideas on Global Retail & Tech

FBIC TOP 15 RETAIL & TECH TRENDS
1. Apps are dominating smartphones
2. Gamification reaches fast adoption
3. Smartphones are becoming the hub for digital beauty
4. Social media becomes robust source of consumer data
5. Digital advertising to dominate next year & More…..

Customer Engagement – An Omnichannel Perspective

• Internet shopping is about functionality, not fun • As more shoppers move online, in-store shopping will increasingly focus on leisure shopping and the quality of experience • Online/offline division is becoming artificial as consumers browse, compare and buy across channels • More complex than simply “showrooming”

The Disruptors – The New Connected World

Machine Learning and Artificial Intelligence (AI)
• Machine learning finding its way through startups into applications like
marketing, security, and operations
• Deep learning includes computer vision, speech recognition, natural
language processing, and bioinformatics
• Companies today are using neural networks to
identify objects for use
in driverless cars