Integrating Online with Bricks & Mortar Retailing
It is now 4 years since I completed a dissertation on the impact of online retailing on the high street and the debate of its influence is still raging. Last month Future Laboratory - a trend forecasting group based in London - stated the advent of Web 2.0, wireless broadband and developments within mobile technology are significantly changing the format of traditional retailing.
In the report, the idea of immersive retailing is discussed and Future Publishing predict stores may lose their share in the online market if they do not successfully integrate their digital presence with offline outlets.
When completing my dissertation there was the worry amongst some trend predictors that online retailing could eventually remove the need for the high street. Although there is some possibility I think it highly unlikely. The evidence for integration and the introduction of the shop-as-gallery approach seemed far more probable then and continues to be a major factor today.
The ability to browse goods in a gallery type store and then purchase them online once back home or using pods instore that allow the consumer to buy goods from the web seems to be ever increasing. An article from as far back as July 2005 details how Gordon Group Holdings has developed the idea of Epicentre - an instore method of ordering online.
The introduction of RfId is also introducing a whole new world to the retail market. Not only does it provide stock replenishment advances but also introduce the idea of barcode scanning from mobile devices that could charge the consumer for the goods scanned, bring up more information online about the product (e.g. colours and sizes available, other relevant products etc)and begin the shipping process to the consumers registered home address. This is just another technological step in the store-as-gallery approach.
Technology is providing retailers with another method of selling online but it is the stores pushing the boundaries of technology that will continue to be at the forefront of the retail market for years to come.
Retail Solutions 2007
Future Store
Amazon's Bezos on the future of retailing
2 comments:
Post a Comment