Blending Insight And Data To Drive Sales In Challenging Times · PDF filePowerPoint...
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Blending Insight And Data To Drive Sales In Challenging Times
Stewart Dryburgh General Manager
Nestlé International Travel Retail
Garry Stasiulevicuis President
CiR, An NPD Group Company
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
2007-11 2012-16
Source: IATA, Generation
CAGR
+7.8%
+3.9%
+6.2%
+3.3%
Sales USD
Total PAX
Key
We’re now operating in a
different environment…
We are seeing a significant change in the trajectory of sales.
CAGR sales growth has seen significant slow down in the last 5 years versus the previous period compared to an increase in PAX growth rates.
DIVIDER
SLIDE
We’re now operating in a different environment…
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
We’re dealing with a
new consumer…
…in a fast changing
retail landscape.
…who has a different
attitude…
DIVIDER
SLIDE
We need to evolve…
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
We need to change our approach to become relevant
to todays travelling shopper and consumer.
Lets stop trying to sell the same things to the same people,
who don’t want to buy them….we need to embrace the new reality.
Anonymous Industry executive
DIVIDER
SLIDE
Travel Retail of tomorrow…
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
E-commerce giants are not retailers but a
platform for retailers to access a growing
channel
The boarding card becomes
a golden ticket to access the world of Travel Retail on-line
Operators are retailers AND distributors, providing on-line order fulfilment -
offering convenient
delivery options
Categories in store (Old and new) become immersive, sensory and experiential zones first and then retail
spaces second
DIVIDER
SLIDE
But we need to use data to decode today’s market…
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
Traveller Statistics &
Nationality Movements
A Deep Understanding
Of The Shopper
Market & Category
performance
DIVIDER
SLIDE
The market place
today…
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
We need to understand the entire traveller universe and how shoppers and non-shoppers behave and why.
We need a common language across the industry to jointly identify and understand the opportunities in the market.
DIVIDER
SLIDE
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
CASE STUDY
Multi-category store in a hub airport location.
Total store layout, focus on confectionery
LOCATION:
Amsterdam Schiphol (AMS)
Drive Conversion Increase Spend Grow Sales
Blending Insight And Data To Drive Sales In Challenging Times
Assortment Space & Position Shelf Management Communication Category Analysis
Connecting Intelligence
Driving category action and commercial growth
EpoS Sales
Data
Retail Outlet
Audit (Space)
PAX &
Nationality
Data
Forecast
Data
Shopper Profile
Research
DIVIDER
SLIDE
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
CASE STUDY
Total store layout
incorporating new
confectionery till point
strategy.
Project covered all
category pillars.
LOCATION: Amsterdam Schiphol (AMS)
KEY INSIGHTS:
Only 16% of baskets contained cross category purchases
Basket spend was below global average
Communication in native language increases conversion rates
ACTIVATION:
Implementation of new store layout based on insight and analysis
New till point execution to drive impulse
New signage in language to meet shopper nationality mix
RESULTS:
Category sales +15% (+€700,0000)
Increase in cross category baskets +20%
Average basket spend +6%
DIVIDER
SLIDE
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
JCDECAUX CASE STUDY
Where the use of key data is used to drive significantly enhanced communication, delivered through a cutting edge
digital platform.
Deezer Summer 2017 digital campaign at Paris Airport, focusing on French passengers heading to their vacation spots.
Traffic & forecasts data input Powerful & efficient campaign Smart & targeted planning
DIVIDER
SLIDE Our Call To Action…..
Be collaborative with data for mutual
benefit
Change of mindset to explore a new
horizon
Open dialogue within the industry about
the benefits of data
Blending Insight And Data To Drive Sales In Challenging Times
SOURCE CiR RESEARCH 2017 © COUNTER INTELLIGENCE RETAIL LTD 2017
WWW.COUNTERINTELLIGENCERETAIL.COM
What are the benefits…
Clear business growth
Faster industry growth
More informed decision making