Skip to main content

Spire speaks on Omni-channel strategies for Indonesian retailers



Spire was honored to participate in the Samsung Top Achiever Retailer (STAR) event held on 22 August, in Jakarta. Albertus Edy Rianto, Senior Manager, Spire Indonesia, shared his insights on the significance of Omni – channel strategies for mobile phone retailers.

Albertus discussed offline-to-online strategy, where multiple channels merge to help target customers across various channel platforms.

He elaborated that more than 80% of Indonesian mobile phone retail sales in 2020 will still occur at physical outlets. However, 71% of Indonesians browse online for a while prior to shopping at a physical store.

Factors that influence customers include better delivery conditions, storefront apps for better sales and even packaging.
As customers become more tech-savvy and demanding, more consideration will be given to innovative payment processes and browsing more than one channel to make a purchase.

As far as online purchases are concerned, 25% of customers still feel that the inability to touch and try a product in advance is a deterrent while 18% do not want to pay shipping cost.

Retailers still use both platforms to generate sales. For example, Adidas sells offline products through their website. Nonetheless, an Omni-channel strategy has the potential to unlock higher average transaction spend and increased profits from repeat customers.

Comments

Popular posts from this blog

Spire appointed Official Research Partner to the BMW Malaysian Open once more

The BMW Malaysian Open has carved a place in the tennis world’s calendar of key events. This year, it was held from 14 to 20 April 2014 at the Royal Selangor Golf Club in Kuala Lumpur, Malaysia. Spire was honored to be appointed as the Official Research Partner of the BMW Malaysian Open for the third consecutive year. In collaboration with the Women’s Tennis Association (WTA) Tour and the Lawn Tennis Association of Malaysia (LTAM), Spire was excited to be a partner to this global sporting event. It witnessed world-class players in action, including Karolina Pliskova, Hsieh Su Wei and Venus Williams. As the Official Research Partner, the Spire Malaysia team contributed its research expertise in developing fact-based insights from spectators, so as to aid the organizers in improving the event for the coming years. The Spire team was thrilled to be a part of this exciting tournament once again. https://www.spireresearch.com/newsroom/events/spire-appointed-official-research-...

Korea needs to focus on developing service robots

The Korean robotics industry grew by 60% a year between 2005 and 2011. Korea has a strong position in industrial robots. Now, the government’s focus should now be on developing service robots to sustain growth. Spire Research and Consulting shared its insights, published on the Business Korea news portal. Korea’s industrial robot sector is larger than any country’s, except for Japan, China and the U.S. However, the service robot sector is emerging as a new growth hotbed, thanks to the accelerated use of artificial intelligence. However, Korea does not have any companies that specialize in the development of service robots. It will take time to further develop Korea’s service robotics technology which is where the government and Korean enterprises need to step in and focus so as to claim early global leadership. https://www.spireresearch.com/newsroom/media/korea-needs-to-focus-on-developing-service-robots/

China leads e-commerce growth through smartphones

400 million Chinese consumers make online purchases and China’s e-commerce market is set to reach USD1.57 trillion by 2018, making it the world’s largest. As smartphone penetration continues to surge in Asia, online retail is evolving. Will mobile commerce become the dominant mode for online purchases in Asia? Japnit Singh, Senior Director at Spire Research and Consulting, shared his insights in China Daily – Asia Weekly. China’s e-commerce retail sales in 2015 increased by 42.1% to reach USD672 billion. This is equivalent to over 40% of global e-commerce retail sales. As the online retail experience continues to evolve, more purchases are made using smartphones. Growth factors responsible for this e-commerce boom include the rise in demand for imported products due to rising incomes, new online platforms and initiatives by the government. Cross-border consumer e-commerce added up to about USD40 billion (in 2015) – more than 6% of China’s consumer e-commerce in total. ...

Skin pigments to strengthen sofas

Chinese researchers from Jiangnan University (in November 2016) made a recent break through by adding melanin in small quantities to polyurethane (a polymer), making the material sturdier. Melanin is the natural protein found in the skin, hair and the iris of animals that gives color as well as protects them from ultraviolet rays. On the other hand, Polyurethane is a polymer used in materials to manufacture products such as tires, wheels and foam seating to name a few. Will skin pigments in polyurethane revolutionize materials used in manufacturing? https://www.spireresearch.com/newsroom/spirethoughts/skin-pigments-to-strengthen-sofas/

Spire joins list of sponsors for Phoenix Global Chamber

The Phoenix Global Chamber aims to grow the number of people successfully engaged with cross-border trade and investment. With over 20,000 followers on its list, it strives to advance companies, careers as well as communities. Spire Research and Consulting is proud to announce its association with the Global Chamber of Phoenix as a sponsor. The Global Chamber of Phoenix, Arizona further engages leaders, companies and communities to facilitate global business growth and improve cross-border understanding. It aims to bring together like-minded people with the common mission of growing business across borders. As a sponsor, Spire will have the privilege of appearing in banner ads across the Chamber’s website, featured in regular e-newsletters and have access to speaker opportunities. Spire is proud of this new association and hopes to have the privilege of working with more Phoenix-based organizations to develop and execute their strategies in global emerging markets. This a...