Digital innovations Retail market Sias Fouche.

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Presentation transcript:

Digital innovations Retail market Sias Fouche

Shopping experience Most dreaded question in our house. Why? “Wie gaan PnP toe?” Why? Trouble finding products Products out of stock No staff available to assist Target stores in US (San Francisco) Sias Fouche

Meet Tally Sias Fouche

Tally assist with: Providing real time info on self-stacks and product location Frees up employees to help customers Identify low stock and out of stock items Improving overall shopping convenience (Customer buying hierarchy); Decreasing human involvement; Customer expectation Sias Fouche

So I finally have my trolley packed…… The next challenge Sias Fouche

Introducing Facepay Used by 100% Genuine Food chain stores in Shanghai Payment via hand and facial recognition Customer stands in front of cash register, and allow scanning of his/her face and hands. Customer is identified and linked to profile. Profile is used to pay for groceries. Advantages Shortened queues Avoid the “I forgot my wallet in the car” embarrassment. Customer convenience; Reducing complexity; Element of boundary breakdown; Dynamization Sias Fouche

Hypermarkets Problems: Hassen Kajee Online sector eating into brick and Mortar retail. Changing consumer needs (Physical and Emotional) People have reduced time for Grocery Shopping Hedonic aspects related to Mall environments Consumers utilize Malls and centres for eateries and Going out Consumers are searching for convenience, Variety , Information and Time Hassen Kajee

Our Lives ? , and after this, Grocery Shopping…..?, Really! Hassen Kajee

Opportunities Hassen Kajee Creation of Hyper Omni Channel 4D environments Create a store anywhere. Utilising Apps, tech, logistics , peer to peer , Cameras Shop from the restaurant (Future) Shop from anywhere virtually using 3 dimension views with cameras being able to monitor inventory. Utilise the pokemon technology in Shopping. Can be done using RFID tags per item? Creation of Real Convenience. Hassen Kajee

TRIZ Hassen Kajee Eliminate Contradictions, Technology evolution Customer needs to Shop for groceries but does not want to. Customer needs to stop at garage for Milk and Bread, but does not want to. Things needed at the same time(Groceries + Relaxation on couch or socializing etc), Inventive solution?…. Tools -------> Cellphone , App , Website , Cameras , Delivery system , Robots Solution : Virtual assisted Shopping Hassen Kajee

Innovations Hassen Kajee Virtual Shopping making your store always available with a virtual live stream even at home merged with a quick payment and delivery network, https://www.youtube.com/watch?v=lSbtpXMA3KE (offline) Experiential Shopping, where customers experience ease of shopping utilizing RFID equipment. https://www.youtube.com/watch?v=ewyTGmAIGgo (offline) https://www.youtube.com/watch?v=ewyTGmAIGgo   Shopping in 2020 from Coca Cola. https://www.youtube.com/watch?v=H_ZJQqv6uAQ (offline) Shopping in 2016 utilizing Shopbook.co.za. https://www.youtube.com/watch?v=KqoWXA-RK_g&t=8s (offline) Hassen Kajee