Digital Transformation in Retail | GrowMaxBI - PowerPoint PPT Presentation

About This Presentation
Title:

Digital Transformation in Retail | GrowMaxBI

Description:

The Digital Transformation in retail has also led to the rise of mobile payments. Customers can now make purchases using their mobile phones, making the checkout process faster and more convenient. Retailers are also using mobile technology to enhance the in-store experience, with features like mobile coupons, loyalty programs, and augmented reality. – PowerPoint PPT presentation

Number of Views:2
Slides: 8
Provided by: growmaxbi
Tags:

less

Transcript and Presenter's Notes

Title: Digital Transformation in Retail | GrowMaxBI


1
Digital Transformation In Retail The Last Guide
Youll Ever Need Infographics
2
Contents
Introduction What is it all about?
1
Uncovering The Truth What is Digital
Transformation, Really?
2
3
Zooming In What is Digital Transformation in
Retail?
Splitting The Pieces What Drives Digital
Transformation In Retail?
4
Retail Intelligence
Sales Force Automation
Distribution Management Systems
Scoping the Horizon Impacts of Digital
Transformation
6
Front End Impacts
Back End Impacts
Following The Evolution Why Is It Necessary In
Retail
9
Facing The Roadblocks Challenges on the way

12
Hammering the Nail A Roadmap For Digital
Transformation
14
Wrapping Up Conclusion
18
3
Fbh yt43cazXzdcegbfhnhn
Introduction What Is It All About?
Businesses have evolved a lot since the 1960s.
Paper files became excel sheets, physical mails
became emails, and traditional selling became
online. These transitions didnt emerge by any
accident. They were forced by a natural selection
process a tech evolution that transformed
businesses globally.  Ones who didnt go with
this tech-wind perished. And the ones who did
survived. Digital Transformation is the next
step in this evolution A key to new
capabilities, opportunities, and data that isnt
available anywhere.  This guide aims to give you
a concrete understanding of this step and guide
you toward the future of retail. Download this
guide in a pdf and keep it as a reference in your
new curiosity dive.
1
contact_at_growmaxbi.com Growmaxbi.com
4
Uncovering The Truth What Is Digital
Transformation, Really?
  • Its a confluence of Business and Technology. It
    is when a brand decides to use technology to
    monitor its activities, gain insights, and
    optimize itself for the market. 
  • In Digital transformation, a brand transforms
    itself with data-driven tools for visibility,
    control and insights. Generally, the insights
    fall into three broad categories
  • Market Insights
  • Operational Insights
  • Marketing Campaign Insights
  • Digital tools give you a new set of eyes and
    opportunities to outrun your competitors. 
  • They open up new doors for possibilities like
    demand-driven segmentation, market-responsive
    behaviors, and consumer-centric supply chains.

2
contact_at_growmaxbi.com Growmaxbi.com
5
Zooming In What is Digital Transformation in
Retail?
  • Long story short, Digital Transformation in
    retail involves four key components
  • Retail Intelligence 
  • Salesforce Automation
  • Distribution Management Systems 
  • Channel Automation
  • (We will dive into each component in the next
    section)
  • They help you navigate customer retention, know
    buyer preferences, and offer them what they
    crave. By combining location-based analytics,
    360-degree view, and mobile apps, they reimagine
    your value delivery.

3
contact_at_growmaxbi.com Growmaxbi.com
6
Splitting the pieces What Drives Digital
Transformation in Retail?
1. Retail IntelligenceRetail Intelligence is a
common word for Business Intelligence Systems
used in retail. It is one of the handiest and
most widely used digital tools that almost every
industry uses. The system collects, centralizes,
and processes real-time data to derive insights.
The collected data are also fed to predictive
models to generate sales forecasts and
trends. Retail Intelligence is a critical tool
for FMCG and CPG companies. Considering the rapid
movement of their goods and the dynamic nature of
their supply chain, they need it to prevent their
products from spoiling. 2. Sales Force
Automation Sales Force Automation (SFA) is a
solution that streamlines the field sales
process. It helps you manage your field teams and
their activities. 
4
contact_at_growmaxbi.com Growmaxbi.com
7
Download the full guide on www.growmaxbi.com gt
resources gt reports and white papers
Write a Comment
User Comments (0)
About PowerShow.com