Date post: | 29-Jan-2023 |
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OLD RETAIL IS FADING FAST
Long gone are the days when a shop owner dictates what is in the shop, and
the shopper has to guess before they visit. Now everyone carries a shop in
their pocket. It is open 24 hours a day and it has pretty much everything in the
world in it, every item with a price ticket on.2
EVERY FUNCTION IS AFFECTED
The live economy, the revolution in retail, and the reshaping of place, is
changing the market. Property owners are finding it impacts every function in
their business. The emerging winners are investing in understanding shopper
behaviour and shaping it to drive improved performance.
CATEGORY MGMT
EXPERIENCE
MARKETING
OPERATIONS
KNOW ME
RESPECT ME
EXCITE ME
RETAIN ME
BECOMING A SMART PLACE
A smart place understands and delivers the expectations of its visitors,
engaging in appropriate, and delightful, ways. Returning VIPs with full consent
are recognised as they arrive, while casual visitors, preferring to remain
anonymous, are fully respected.
KNOW WHAT’S HAPPENING
MAKE SENSE OF IT KNOW WHAT TO DO
RESPOND & ENGAGE
Sense and source multiple data streams, including
from Movvo proprietary device sensors, traditional
people counting technology, hyperlocal beacon
technologies, IoT sensors, facial recognition
technologies, and many others.
Use machine learning, focused on pattern
recognition, to process and correlate behaviour data.
Deep data mining of the captured data and industry
statistics to understand influences, their impacts and
predict outcomes.
Using industry understanding, skills, technologies,
and practices to understand past business
performance and develop insight and predictive
models. Provide crisp analysis and proven actions
to drive successful business outcomes.
Enable dumb buildings to become smart places
with ‘IF…THEN...’ sense and respond technology.
This intelligence streamlines experience and
operations to add value from visitors and assets.
Location, context and profile trigger in-app and in-
place personal experiences.
8
FLEXIBLE TECHNOLOGY ARCHITECTURE
Movvo’s platform is designed to consume and make sense of multiple data
sources, including streams of data ‘in motion’ from IoT devices and data at rest
from core customer business systems and third parties. It offers a compelling
dashboard and set of data integration approaches and APIs.
CATEGORY MANAGEMENT
EXPERIENCE OPERATIONS
MARKETING
• Measure and improve shopper experience
• Efficient store layouts
• Compelling and profitable segmentation
• Optimise online to offline
• Model and evaluate change prior to committing
• Workforce planning
• Stores efficiency (management)
• Optimise opening hours
• Optimise physical environment
• Tune every aspect for performance
• Understand the ROI of every €€€ spent
• Quantify loyalty and engagement
• Event reports and audiences
• Model and measure campaigns
• Targeting and segmentation on behaviour
• Future-proof martech & enable engagement
• Increase sales densities
• Reduce gut feel and run a data driven business,
with performance KPIs at fingertips
• Model and make the right investments
• Category engineering, evaluation and support
• Confident decision making
SHOW ME• Why is that area so cold?
• Why is that area so hot?
• How many people are visiting?
• Why is it going down?
• Can we predict what will happen with this event?
• Is anyone using the omnichannel tools?
• Did that sales event bring in new shoppers?
• How many?
• Have they returned?
• Will they?
• How much extra can this area generate?
• Where are these people coming from?
• What services should we be offering?
• How valuable are the Young Fashionista group?
• How can I attract this segment?
• How can I ensure the layout is optimal?
• Should I repeat the marketing event?
• Have I got the right blend between retail and
the café?
Movvo encourage demonstrations of our insight
platform for centre and HO teams to explore the value.
TIME OUT MARKET
SONAE SIERRA
SURFERS PARADISE
MENLYN MAINE
ALTA PLAZA
O2 TELEFÓNICA
ADAPTS TO ANY ENVIRONMENT
Movvo can be applied in a broad set of environments. Every location deriving
value from visitors, needs shopper behaviour analytics, and the tools to actively
manage it. From individual stores to whole areas of coastline, we work with
shopping centre owners and retailers around the world.
Can you thrive in the LIVE ECONOMY?
William Hardie
Knovation Solutions