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Technology Revolution: The Future of Now

“Precision Retail: What’ve You Done for Your Customer Lately?”

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 27 February 2013

⏱️ 57 minutes

🧾️ Download transcript

Summary

Customer experience. Have you figured out what each of your customers really, really wants? If yes, have you designed a personalized, easy, conversational experience they won’t perceive as intrusive or creepy? If no to either question, listen up. The experts speak. Paula Rosenblum, RSR: “The essence of precision retail is what I call ‘The Grand Unified Theory’ – combining the customer intimacy and knowledge of the very, very small (independents), with the economies of scale and scope of the very, very large. Yes, I stole this concept from Physics.” Vicki Cantrell, NRF: ““Perfection is the enemy of the good, and it takes too long. Don’t worry, be crappy.” - Vicki Cantrell, combining pieces of various quotes Lori Mitchell-Keller, SAP: “Retailers will go out of business and e-commerce will dominate UNLESS retailers use their culture to draw customers into their stores.” Join us for their insights on Precision Retail: What’ve You Done for Your Customer Lately?

Transcript

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0:28.6

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The views and ideas expressed on the following program are strictly those of the host or guests

0:35.0

and do not necessarily reflect the views and ideas held by the Voice America Talk Radio Network, its staff, and management.

0:52.1

Welcome to the most nutritious hour of business talk all week.

0:56.4

This is Coffee Break with Game Changers, presented by SAP.

1:00.3

The best run business is Run SAP.

1:02.9

Your host and moderator is Bonnie D. Graham.

1:05.3

You'll hear from the innovators who have learned to use game-changing technologies

1:08.6

to shake up the status quo and help move today's

1:11.4

businesses in new directions. Now, here's Bonnie D. Graham.

1:16.0

Ah, today's buzz is the retail customer experience 2013. So, those of you in retail have

1:22.6

you figured out what each of your customers really, really, really wants? If yes, that's great, but you're not done.

1:29.8

How do you design a personalized, easy conversational shopping experience your customer

1:34.8

will love, adore, want more of, want to talk about, Facebook about, tweet about, that they

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