Innovators race50 qlez
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Transcript of Innovators race50 qlez
SMART STORES
http://pirevolutions.com/qlez/https://www.facebook.com/PiRevs/
We Present You - SMART STORES
• Store which can keep up with the advancement of technology in the world.
• Stores which can solve all the customer issues dynamically.
• Stores that result in higher sales, footfalls and profits.
CURRENT SCENARIO
‘It’s Just like a Ferrari whose top speed is 20Kmph.’
Current Issues with Retail Stores:
● Long Queues on Billing Counter
● Lack of Authentic Product Information
● Searching for Desired Products
● Less Customer Satisfaction
ISSUES WITH RETAIL STORES
Long Queues55%
Product Location15%
Authentic Informa-tion14%
Product Compar-ison11%
Product Availibility5%
ENDLESS QUEUES
• Average Queue Standing time is more than 30 min.
• Most laborious part of fun filled shopping is “Worthless” waiting in queue.
• Customers with bulk orders aren’t cool anymore.
• Frequently customer prefer not to buy anything because of Macro phobia of train of bulk orders.
PRODUCT LOCATION
Search and Hunt is no fun when you are already late for dinner.
Sometimes you need your 7th Sense to anticipate where the Mayonnaises can be.
Asking the staff repeatedly for product location is like working on clues without Map
Every time you step in the Store it’s more of a Treasure Hunt game.
LACK OF AUTHENTIC INFORMATION
Actual selling price of the product.
The composition of the products (garments).
Performance parameters of the product.
Customers crave for authentic information which they never get.
PRODUCT COMPARISONS
★ The stores are having multiple options for each product.
★ It's hard to compare the product and select which one is the best for you.
★ There are No reviews from previous buyers to rescue.
★ Customers end up finding Reviews on E-Commerce websites.
PRODUCT AVAILABILITY
They end up searching the entire store only to discover the product is not available.
A lot of times customer come looking for specific products.
SO WHAT A SMART STORE IS LIKE ?
RETAIL STORE
QLez
Smart Store
WHAT IS QLEZ?• A next generation integrated solution for
retail stores.• Which uses state of the art hardware and
software technologies.• Using the Latest Radio Identification
technologies.• Makes the consumer experience in store
truly futuristic.• Management of stores and inventories made
easy.• Using the Big Data Analytics with AI to
maximize the profits.
Shopping EXPERIENCE
Find the products and add to your 30 Mins shopping cart.
Stand in the billing queue and wait 30 Mins for your turn.
Products will be taken out of cart and billed one by one & Provide customer details for billingAnd then Payment.
Current Scenario – Using Barcode
With QLez
15 Mins
Total > 75 Mins
Find the products using Product Locator and add to your shopping cart in less than 15 Min.
20 Mins
Hurray! No queue 0 Min
All items billed in 30 sec, Products will remain in the cart. With Our 2 - Touch Billing, Pay and good to go.
1 Min
< 25 Mins Total
LET THE MONEY FLOW IN SALES ANALYTICS
• Daily analysis of the total sales happening.
• Real time offer creation to maximize the profit and sales as time never comes back.
• Dynamically cope up with the unpredictable customer trends.
• Owners can run the business from anywhere in the world.
YOU ARE SPECIAL USER ANALYTICS• Each customer will be treated as a
separate entity.• All the purchases of customer are
analyzed and customized offers will be provided.
• All the customer Activities will be captured and analyzed for better User Experience.
• If you check a leather jacket 2 times then you want it, and we will make sure you get it.
• Algorithms designed and molded with fashion designers and Trend experts to provide customer with Expert Hand on personalized choices.
• Exploit the social networking to increase sales and provide unforgettable experience to customers.
MAKING IT POSSIBLE THE SOFTWARE
• The Qlez web application is developed on the latest Spring and Angular 2 framework to make things lightening fast.
• Privileged access based on least access principle.
• Set of independent and loosely coupled modules, which can be upgraded separately.
• Everything is on cloud making it highly scalable.
• User friendly UI which does not need any expertise.
Qlez UI
Stock Admin
Inventory
Sales
Customer service
Business analytic
s
Stock Display
➢ The retail sector in India is emerging as one of the largest sectors of the economy. The total market size is estimated to be around US $600 billion, thereby registering a CAGR of 7.45 per cent since 2000.
➢ Retail industry is expected to grow to US $1.3 trillion by 2020, registering a CAGR of 9.7 percent between 2000-2020.
➢ Between FY09-13, organized retail in India witnessed a CAGR of 19-20 percent
➢ Organized retail is expected to account for 24 percent of the overall retail market by 2020
TARGET MARKET-340 BILLION USD
TARGET CUSTOMERS
Sports Retail Stores
Garment Retail stores Retail grocery stores
Thank You