The Future of Canadian eCommerce

Post on 19-Nov-2014

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CEO of Demac Media, Matthew Bertulli walks through a short presentation of how the retail landscape is changing, and how it's online counterpart will change with it in the next 5 years within Canada. As we add more channels to the "omni-channel" experience, it creates a multiplier effect on existing processes and the technology required.

transcript

The Future of Canadian eCommerce

The Basics Aren’t Changing

Acquisition

Conversion

Retention

Order of priority as you build and scale into new channels / markets.

It was so much easier…(Acquisition, Conversion, Retention)

Golden Age of Retail

(Multiple Stores)

Birth of Digital Retail(Acquisition, Conversion, Retention)

Two Sets of

Customers

Physical Store

Transactions

Web Store(s)

Multi-Channel Retailing!(Acquisition, Conversion, Retention)

Still, Silos of

Data

Physical Store

Transactions

Marketplaces(Ebay, Amazon)Web Store(s)

Let’s be honest, this is where most digital retailers are today...

More Channels = More of Everything(Acquisition, Conversion, Retention)

Ok, now we have a problem.

Physical Store Transactions

Cars?

Social Networks

Mobile / Devices

Wearable Tech

iBeacon

Web Store(s)

Marketplaces

Multiplier Effects

• The more channels we add onto this “omni-channel” world, the more revenue opportunities become available.

• Each new channel effectively has a multiplier effect on existing processes and technologies required.

• Each new market you enter (Think Global) is also a multiplier.