AOE CSO Steven Bailey explains how companies can utilize omnichannel e-commerce platforms to create new revenue streams and make their business future-proof.
Presentation Video: https://www.youtube.com/watch?v=ujxsIHJoMSQ
12. But the market is still growing!? Market yes, spend per passenger no…
SOURCE: TFWA & IATA
Passengers in (billion) 3.328 3.561 3.810 4.081
Travel Retail market (in billion) 63.48 62.00 63.50 67.00e
15,00
15,50
16,00
16,50
17,00
17,50
18,00
18,50
19,00
19,50
2014 2015 2016 2017
Spend per Passenger in USD
$16.4
TR
13. Moments of decision of Travel Retail purchase ...
At home
before Leaving
for the airport
At destination
before leaving
for the airport
On the way to
the airport
At the
Airport
In the Duty
Free Shop
After looking around
After Getting Advice from Sales Staff
(only 2% in high spender category)
After buying another category
Ensuring full digital engagement prior to travel is
essential to capture 65% of potential purchases
35%
the airpo
6%
Airport
14%
10%
26%
7%
2%
SOURCE: m1nd-set Research
23. !"#$%##&$'()$*+%,-".%%#/ 0,1,2./$!).3#/$4#2.,/
SOURCE: m1nd-set Research
5467!485$*9:896
!*;<=$5*89!>
?@A
!"#$%&'()$'*'+""',-()$.#/,)-'
#0)1/'23'+&)44,-5'6-7,-"
8#9"'/&"':"%,+,)-'/)'
01;',-'23'0"()$"'
/$#<"77,-5
BCA
=))9'/&",$'(7,5&/'
:,$"%/7;')-7,-"
D?A
3,-:'.)0,7"'%&"%9>,-'/)'
0"'/&"'.)+/'%)-<"-,"-/
40%
Would like to do online DF
shopping before the trip
E?A