Eva Pascoe, The Retail Practice, IoT Forum 2016, Can IoT Save The High Street?
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Transcript of Eva Pascoe, The Retail Practice, IoT Forum 2016, Can IoT Save The High Street?
Can IoT Save the High Street?EVA PASCOE
Cybersalon.org/retailtechTheRetailPractice.com
1994Tokyo Paris Rotterdam
Manila Bangkok
Topshop.co.uk
First High Street Fashionwebshop in UK
More people but less High Street shopping 40,000 empty shops
12.5% UK vacancies on the High Streetover 25% closed for more than 3 years!
Consumers Shop Because it Makes Them Feel Good
3 out of 5 people shop in Retail Parks as easy parking saves time and £
Regent Street App- 95% of luxury goods is sold in stores and not online
Real -Time versus
Static Data
uses
• SITA Airport pilot
• iBeacon –based Personal Airport Assistant
• Prevents delays
• Offers when delays, fun stuff
• Relevance of offer and time/place
SITA airportplatform for all
Beacons -Hong Kong rollout
for gate alertstime to boarding, lounge directions,
RETAIL offers Inform + Entertain
• Conclusion
EET app uses Noise Sensors to build a venue profile and advise on waiting time for free table
War on PiratesFERRAGAMO
installs microchip in
bags readable from 4cm only
to verify the original brand for re-sale on Vestaire.com
Hunkemoller selects barcodes not RFID
High Street iBeaconRegistrar
Data Opt-In
Too many platforms
Not just vouchersGoogle Loc pilotPatents problemPrivacy nightmare
How to win?
Offer smart dataStick to big citiesAim at MillennialsFuture is about Hyper-convenience
Can IoT Save the High Street?Every little helps…