jeudi 4 avril 2013

Online pure-play enter the offline market?


The growth of e-business has allowed the development of a number of business models including a large number of online pure-play models.
However in the past year, we’ve noticed a number of originally “online only” players starting to enter the offline market. We’ll try to understand the origins of this trend and give some examples of how online pure-play businesses can use offline channels.
While online shops have caused a lot of brick-and-mortar businesses to close shop, they still lack a few characteristics that customer’s value such as:
  •        Tactility
  •        Instant delivery
  •        Social interaction

By investing in the offline market, online sellers are looking for innovative ways to bridge the gap and make up for these flaws. Some of the most innovative ways to do so include:
•         E-bay opened a temporary pop-up shop in London during the holiday season where it featured images with QR codes and recommendations driven by social networks.
•         Similarly, Etsy opened a pop-up shop in New York with laptops to show their entire shop catalogs and mobile devices serving as POS terminals via Square and PayPal.
•         Another big trend is the shopping walls developed by Tesco for instance with their giant poster in Korean subways where people could take out their mobiles, scan the products they need and have them delivered to their houses, saving a significant amount of time. Now, its virtual stores are also found in bus shelters and have produced 130% increase in online sales and 76% new registrations for Tesco online.
This innovation was further developed using a similar technology and the XBOX kinect to allow customers to literally reach out and grab the products they want from their TV
Using pop-up shops and other offline channels allow online sellers to:
•         Make efficient use of retail space, with lower inventory
•         Measure engagement and conversion rates
•         Attract new customers
•         Support real-time social electronic shopping 

Aucun commentaire:

Enregistrer un commentaire