E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship...
Transcript of E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship...
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E-business to replace?the retail business in a
decade
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hello!
We are team EY
- Aysha Masood- Muhammad Waqas Umer- Muhamamd Arsal Khan
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Retail business is
“here to stay”
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““Change doesn’t change
tradition. It strengthens it.
Change is a challenge and
an opportunity not a threat.”
Prince Philip of England
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of all retail salesare made through e-commerce
source: Ayden
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What traditional stores have to offer?
✘Socialising activity
✘Preferred by Generation Y (Millennials) & Z
✘Personlisation
✘Walking away with purchase in hand
✘Physical feel and touch
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News from around the world
Amazon
Amazon heads deeper into bricks and mortar with books – USA Today
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News from around the world
Alibaba
Alibaba Has Ambitious, Amazon-Like Offline Plans – fortune.com
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News from around the world
JD.Com
China's largest retailer JD.Com ties up with China Overseas Land to open
"Hundreds" Of Stores – Hong Kong Newsroom
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News from around the world
Alibaba
Alibaba investing $3B in bricks-and-mortar grocer. – Retail drive
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News from around the world
Everlane
Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go
Bricks-And-Mortar - Forbes
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News from around the world
Future Group
Future Group plans to go with bricks and mortar model. Aims to open
10,000 Easyday department stores by 2022 – CNBC India
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Retail Sales
Digitally
Influenced
Offline Sales
Online Sales Offline Sales
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1590 1551 1524 1512 1506 1513
1256 1374 1481 1580 1677 1766
263 294 325 355 385 414
0
500
1000
1500
2000
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3000
3500
4000
2013 2014 2015 2016 2017 2018
US
reta
il sale
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$ b
illio
ns)
Year
Digitally-influenced brick & mortar salesdwarf e-commerce
Source: Forrester
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thanks!
Any questions?