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#RIC16
Best	
  Practices	
  For	
  Retail	
  Location-­‐
Based	
  Technologies
Lee	
  Summers,	
  Marketing/Technology	
  Manager,	
  
Nebraska	
  Furniture	
  Mart
Aaron	
  Dane,	
  Retail	
  Experience	
  &	
  Innovation	
  Manager,	
  
Point	
  Inside
#RIC16
Point	
  Inside	
  
2
About	
  Point	
  Inside
Fin
d It
HAVE
IT?
DO
YOU
I FIND
IT?
WHERE
CAN
#RIC16
Point Inside Confidential 3
Retailer	
  data	
  layer
Points	
  of	
  interest
Shopper	
  mobile	
  map
Geospatial	
  coordinates
Store	
  CAD
Importance	
  of	
  Location
#RIC16
Point	
  Inside	
  
4
Why	
  Beacons?
§ Connection	
  between	
  mobile	
  and	
  physical
§ Multi-­‐platform	
  technology	
  	
  
§ Low	
  cost	
  
§ Benefits	
  to	
  shoppers	
  and	
  store	
  ops
§ Enterprise	
  decisions	
  	
  	
  
§ Shopper	
  behaviors
§ Merchandising	
  decisions
§ Dwell	
  or	
  wait	
  times
§ Shopper	
  segmentation
#RIC16
§ Start	
  small	
  and	
  master	
  the	
  basics:
§ Make	
  your	
  shoppers’	
  lives	
  easier
§ Simple	
  and	
  elegant	
  always	
  wins	
  over	
  complexity
Point	
  Inside	
  
5
Shopper	
  Experience
#RIC16
Point	
  Inside	
  
6
Shopper	
  Value
Location	
  Permission
Retailer
Shopper
Value	
  Exchange
#RIC16
Options
§ Partnership	
  and	
  outsourcing
§ DIY
Things	
  to	
  consider
§ Digitize	
  your	
  space
§ Establish	
  deployment	
  templates
§ Web-­‐based	
  planning	
  tool
§ In-­‐store	
  deployment	
  app
§ Health	
  &	
  system	
  monitoring
Point	
  Inside	
  
7
Scaling	
  
#RIC16
Point	
  Inside	
  
8
Analytics	
  &	
  ROI
#RIC16
Case	
  Study
Nebraska	
  Furniture	
  Mart	
  -­‐ Texas
THE EXPECTATION
Transplant	
  the	
  NFM	
  brand	
  and	
  be	
  the	
  anchor	
  of	
  something	
  great.
Beacon	
  technology,	
  and	
  by	
  extension	
  IoT,	
  is	
  an	
  
incoming	
  tide	
  in	
  retail	
  that	
  will	
  raise	
  all	
  ships	
  
including	
  business	
  intelligence,	
  shopper	
  
experience,	
  opex and	
  associate	
  productivity.
Joe	
  Saumweber
THE STORE
92% of all NFM TX sales take place in the store.
2017	
  Revenue	
  projections	
  place	
  our	
  3	
  major	
  stores	
  at	
  just	
  under	
  $2	
  billion	
  annually.	
  
#RIC16
THE STORE IS STILL THE STAR
94% of all retail sales take place within the confines of a physical store.
*	
  The	
  New	
  Digital	
  Divide,	
  Deloitte	
  Digital,	
  Physical	
  store	
  sales	
  calculated	
  using	
  U.S.	
  Census	
  Bureau	
  Quarterly	
  Retail,	
  E-­‐Commerce	
  Sales,	
  4th	
  Quarter	
  2013
THE CHALLENGE
560,000 Square feet of retail space.
Just	
  under	
  2	
  million	
  square	
  feet	
  total	
  (Distribution	
  Center	
  1.3)	
  
#RIC16
Attention &
Awareness
Consideration
& Engagement
Assisted Shopping &
Enhanced Experience
Optimized Sales at the
Moment of Truth
The New PATH TO PURCHASE
Brands must now use a CUSTOMER-CENTRIC model
§ Define Success
§ Design Solution
§ Test & Learn
§ Optimize & Scale
Self-Service +
Assisted Sales
Promotions +
Sales Lift
Brand
Storytelling
Customer
Experience
OBJECTIVES DRIVE DESIGN
For In-Store Digital Media
Employee
Productivity
#RIC16
Technology Toolkit
We apply the best technology to meet the objectives.
Digital
Signage
Mobile/Tablet
Apps
Video
Walls
Touch
Interfaces
#RIC16
Emerging Technologies
We utilize the latest in technology to create engaging experiences.
Video
Analytics
Projection
Mapping
Beacon
Technology
RFID/NFC
Technology
Gesture
Interactive
3D
Audio
Large
LED Board
Transparent
Display
Virtual
Reality
Plus
More
…
THE BEACONS
400 proximity beacons. Full coverage grid.
Primary	
  function:	
  Mobile	
  Product	
  Way-­‐finding,	
  In-­‐store	
  Digital	
  Signage,	
  Product	
  Way-­‐finding
1st Floor
THE ROUTES
250,000 SKUs available at anytime.
Live	
  routing	
  to	
  product	
  searches	
  on	
  Mobile	
  and	
  Digital	
  Signage	
  Directories.	
  
1st Floor
THE MEASUREMENTS
180,000 logged session in the first 12 months. Estimated $500k in media placement revenue.
Product level search and regional sales flyer product routing.
THE MEASUREMENTS
Traffic	
  to	
  our	
  mobile	
  site	
  was	
  up	
  50%	
  in	
  Q1	
  and	
  revenue	
  is	
  up	
  over	
  100%	
  Q1	
  2015	
  vs	
  Q1	
  2016.
Our	
  app	
  uses	
  our	
  mobile	
  site	
  to	
  power	
  the	
  ecommerce	
  functionality.
THE PRICE TAGS
39,000 digital price tags changed daily.
Without	
  this	
  system	
  our	
  way-­‐finding	
  experience	
  would	
  not	
  work	
  properly.	
  This	
  was	
  our	
  first	
  step	
  towards	
  committing	
  to	
  a	
  long	
  term	
  beacon	
  roadmap.	
  	
  
#RIC16
Thank	
  You
Aaron	
  Dane
Retail	
  Experience	
  &	
  Innovation	
  Manager
Point	
  Inside
aarond@pointinside.com
Lee	
  Summers
Marketing	
  Technology	
   Manager
Nebraska	
  Furniture	
  Mart	
  /	
  Grandscape
lee.summers@nfm.com
#RIC16

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Best Practices For Retail Location-Based Technologies

  • 1. #RIC16 Best  Practices  For  Retail  Location-­‐ Based  Technologies Lee  Summers,  Marketing/Technology  Manager,   Nebraska  Furniture  Mart Aaron  Dane,  Retail  Experience  &  Innovation  Manager,   Point  Inside
  • 2. #RIC16 Point  Inside   2 About  Point  Inside Fin d It HAVE IT? DO YOU I FIND IT? WHERE CAN
  • 3. #RIC16 Point Inside Confidential 3 Retailer  data  layer Points  of  interest Shopper  mobile  map Geospatial  coordinates Store  CAD Importance  of  Location
  • 4. #RIC16 Point  Inside   4 Why  Beacons? § Connection  between  mobile  and  physical § Multi-­‐platform  technology     § Low  cost   § Benefits  to  shoppers  and  store  ops § Enterprise  decisions       § Shopper  behaviors § Merchandising  decisions § Dwell  or  wait  times § Shopper  segmentation
  • 5. #RIC16 § Start  small  and  master  the  basics: § Make  your  shoppers’  lives  easier § Simple  and  elegant  always  wins  over  complexity Point  Inside   5 Shopper  Experience
  • 6. #RIC16 Point  Inside   6 Shopper  Value Location  Permission Retailer Shopper Value  Exchange
  • 7. #RIC16 Options § Partnership  and  outsourcing § DIY Things  to  consider § Digitize  your  space § Establish  deployment  templates § Web-­‐based  planning  tool § In-­‐store  deployment  app § Health  &  system  monitoring Point  Inside   7 Scaling  
  • 10. THE EXPECTATION Transplant  the  NFM  brand  and  be  the  anchor  of  something  great. Beacon  technology,  and  by  extension  IoT,  is  an   incoming  tide  in  retail  that  will  raise  all  ships   including  business  intelligence,  shopper   experience,  opex and  associate  productivity. Joe  Saumweber
  • 11. THE STORE 92% of all NFM TX sales take place in the store. 2017  Revenue  projections  place  our  3  major  stores  at  just  under  $2  billion  annually.  
  • 12.
  • 13. #RIC16 THE STORE IS STILL THE STAR 94% of all retail sales take place within the confines of a physical store. *  The  New  Digital  Divide,  Deloitte  Digital,  Physical  store  sales  calculated  using  U.S.  Census  Bureau  Quarterly  Retail,  E-­‐Commerce  Sales,  4th  Quarter  2013
  • 14.
  • 15. THE CHALLENGE 560,000 Square feet of retail space. Just  under  2  million  square  feet  total  (Distribution  Center  1.3)  
  • 16. #RIC16 Attention & Awareness Consideration & Engagement Assisted Shopping & Enhanced Experience Optimized Sales at the Moment of Truth The New PATH TO PURCHASE Brands must now use a CUSTOMER-CENTRIC model
  • 17. § Define Success § Design Solution § Test & Learn § Optimize & Scale Self-Service + Assisted Sales Promotions + Sales Lift Brand Storytelling Customer Experience OBJECTIVES DRIVE DESIGN For In-Store Digital Media Employee Productivity
  • 18. #RIC16 Technology Toolkit We apply the best technology to meet the objectives. Digital Signage Mobile/Tablet Apps Video Walls Touch Interfaces
  • 19. #RIC16 Emerging Technologies We utilize the latest in technology to create engaging experiences. Video Analytics Projection Mapping Beacon Technology RFID/NFC Technology Gesture Interactive 3D Audio Large LED Board Transparent Display Virtual Reality Plus More …
  • 20. THE BEACONS 400 proximity beacons. Full coverage grid. Primary  function:  Mobile  Product  Way-­‐finding,  In-­‐store  Digital  Signage,  Product  Way-­‐finding 1st Floor
  • 21. THE ROUTES 250,000 SKUs available at anytime. Live  routing  to  product  searches  on  Mobile  and  Digital  Signage  Directories.   1st Floor
  • 22. THE MEASUREMENTS 180,000 logged session in the first 12 months. Estimated $500k in media placement revenue. Product level search and regional sales flyer product routing.
  • 23. THE MEASUREMENTS Traffic  to  our  mobile  site  was  up  50%  in  Q1  and  revenue  is  up  over  100%  Q1  2015  vs  Q1  2016. Our  app  uses  our  mobile  site  to  power  the  ecommerce  functionality.
  • 24. THE PRICE TAGS 39,000 digital price tags changed daily. Without  this  system  our  way-­‐finding  experience  would  not  work  properly.  This  was  our  first  step  towards  committing  to  a  long  term  beacon  roadmap.    
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32. #RIC16 Thank  You Aaron  Dane Retail  Experience  &  Innovation  Manager Point  Inside aarond@pointinside.com Lee  Summers Marketing  Technology   Manager Nebraska  Furniture  Mart  /  Grandscape lee.summers@nfm.com