G
ETTING TO
O
MNI
‐
CHANNEL
Our team of experienced professionals
with unique specialty knowledge
can guide you to achieving your omni‐channel objectives
www.jcwg.com
The only new source of sales growth
“The biggest opportunity for merchants is to merge digital insights
with in‐store physical experiences.” —
Forbes
The best way to connect and bond with customers
“Modern shoppers want the ability to research, browse, and shop across multiple channels
and, in 2015, this trend is only going to get bigger” —
Business2Community
Improving the enterprise value of your business with
digital and e‐commerce
“About half of … (new) e‐commerce sales …(go) to retailers with physical stores…
For omni‐channel retailers, websites and mobile apps are not just e‐commerce ordering
vehicles, they are front doors to the stores.”
—
Harvard Business Review
E‐commerce is a well‐established channel
Retail e‐commerce in Canada is a $22 billion industry and is expected to reach upwards of $40 billion in five years. This channel has been propelling almost all of the growth for retailers over the past five years―both as a stand‐alone business and as a supporting channel to retailers’ store and catalogue businesses. Niche retailers (e.g., Sephora), general merchandisers (e.g., Macy’s, Walmart, etc.), and e‐commerce giants and online pure‐plays (e.g., Amazon, Alibaba) are all selling and servicing clients online. They do billions a year through their e‐commerce channel.Shoppers have changed
Today’s consumer behaviour has changed dramatically because of the internet and online shopping. Today the internet is used by 86% of Canadians. Furthermore, amongst internet users, the majority research/shop multiple channels: 74% webroom (research online and then buy in‐store) and 63% showroom (research in‐store and then buy online). To compete successfully, retailers must be present throughout a customer’s decision‐making journey: what items and brands to buy, where to buy them, how to use them, etc. The landscape is in continuous flux. Mobile is used for online research and it continues to gain importance as shoppers switch to smartphones. 79% of Canadians own a cellphone and 55% own a smartphone. A 2014 study found 46% of Canadian smartphone owners checked the price of a product against other retailers on their smartphone while in‐store.Omni‐channel Retailing
Brick and mortar stores can no longer ignore e‐commerce. Multi‐channel retailers cannot ignore the failing single channel‐ centric approach to retailing. Today it is estimated that over 50% of all retail sales are influenced by the web. Large retailers such as Macy’s are investing millions in their omni‐channel retailing strategy and even small and medium sized enterprises are adopting new omni‐channel technologies made just for them. With consumers demanding a seamless and consistent experience across both channels and touchpoints and with rivals ramping up (e.g. online retailers and marketplaces such as Alibaba, Etsy, Amazon), a competitive business model is required to survive and thrive! DEFINITION: Omni‐channel retailing is a strategic and operational model that businesses are adopting to produce a superior customer experience according to the way consumers shop today If your company is not aligning its business model with this new landscape, its ability to compete for customers will be restricted, it will lose customers and market share, and it will become less relevant.J.C. Williams Group
www.jcwg.comMoving to Omni‐channel with J.C. Williams Group
J.C. Williams Group will help manage this business journey for growth
This is a general plan on the steps you will need to take. We will start from the place you are at now and work from there.
1. Vision
2. Assessment
External Internal3. Test Implementation
4. New Customer Journey
5. Customer Journey Support
Y O U R O M N I ‐ C H A N N E L S U P P O R T P L A T F O R M
Online and store All touchpoints (incl. mobile) Pilot test, logistics Pilot omni‐channel Market, store, web, IT, other Inventory management, supply chain, IT integration, logistics, returns Analysis Segment customers Consumer behaviourPHASE 3
Cross‐channel
PHASE 4
Omni‐channel
PHASE 1
Current situation
PHASE 2
E‐commerce website
Size your market opportunity Competitive analysis Assess current situation Technology (IT), order management, fulfillment Base work needed TBD E‐commerce Stores plus… Online (Website and E‐commerce site) A qui ck initial review of whe re you are at, where you would like to be in the future, and wher e the plan to get to omni ‐chan nel should start Organization and people Marketing Stores/physical presence Merchandise categories Services Shipping and returns Supply chain, vendor partners Analytics Special activities We assess your current situation first. For example, if you are in Phase 2 and you already have an e‐commerce enabled website, we will get you to a cross‐channel phase (3) and then to omni‐channel (4) We will conduct an internal and external analysis that goes from framing your business’ market potential to reviewing IT systems, order management, logistics, and more! After your strategy is created we will assist you with implementation of your e‐commerce site, to integrate across‐channels and to set up a pilot omni‐channel operation. Based on the Phase you are in, we will focus on the following channels. We don’t stop there! Post‐implementation, we can assess and improve each of the below, critical components in the customer journey by providing ongoing support to gain the maximum output.
Your Advisory Team
Coordinator and Strategic Director Suthamie Poologasingham and Bruce Winder Financial Model & Market Sizing Terry Henderson Organization and Strategy Lisa Hutcheson and Okamura Consulting Research and Consumer Behavior JCWG team Information Technology, POS Laurie Zeitz E‐commerce Platform and Development JCWG and Partners Inventory Management, Merchandising and EDI Laurie Zeitz and Bruce Winder Order Management Laurie Zeitz Analytics Suthamie Poologasingham and Laurie Zeitz Marketing and Social Media John Torella Store Integration JCWG Team and Partners Fulfillment and Logistics Spaide & KuipersWho We Are
With 40 years of unparalleled experience, J.C. Williams Group gives their clients advice and insights that are creative yet prac cal―from advisors who are acknowledged industry leaders. As global thought leaders, we serve clients in Canada, USA, Middle East, Russia, North Africa, and Southeast Asia. We serve retailers, shopping centers, urban governments, manufacturers, financial investors, universities, and hospitals. We are part of the EBELTOFT Group – an international consortium of retailers who bring expertise and best practices together from around the world. Our clients always gain the best of our local and global knowledge!E‐commerce and Omni‐channel Expertise
With over three decades of experience, our team provides clients with the following services: E‐commerce strategic planning Concept evaluation Channel development Business plan development Market research Investor advisory services International market expansion Omni‐channel gap analysis Omni‐channel systems and operations Omni‐channel organizational developmentJ.C. Williams Group
www.jcwg.com