This document outlines the agenda for a meeting hosted by Iris Nursery on innovation in retail technology. The morning sessions will include introductions and presentations on smart retail trends and the hybrid of physical and digital retail. An innovation demo and discussion on the sector are also scheduled. The document discusses Iris Nursery's work in accelerating brand innovation, co-investing in ideas, and incubating startups. It explores challenges in retail from data use to the blending of online and offline commerce. Overall, the document provides an overview of the day's discussions on innovative technologies and the transformation of the retail industry.
46. Working exclusively with
retail technology
innovators
Accelerating growth through
market validation, growth
strategies, funding and
value realisation
Connecting the eco-system
of complementary
technologies, partners,
retailers and investors
Providing a unique
combination of expertise,
retail knowledge and
industry relationships
47. Powerful forces are re-shaping retail
Transformation
of the world
economy
Digital technology
Transformation
of an outdated
model
49. “Digital technology is critical to the success of my
business”
Disagree
strongly
Disagree
somewhat
Agree
somewhat
Agree
0.36
8%
4%
2%
Agree
strongly 0.5
50. Higher levels of investment in innovation is driving
significant growth
51. But don’t think [insert buzzword]-channel - it’s just retail
What
growth
do
you
anticipate
overall
and
across
each
channel?
What
proportion
of
your
revenues
do
you
ascribe
to
each
channel?
What
growth
do
you
anticipate
overall
and
across
each
channel?
What
proportion
of
your
revenues
do
you
ascribe
to
each
channel?
Mobile
Online
In-‐Store
37%
44%
Total 40%
50%
46%
47%
41%
51%
2014 2013
Mobile
On-‐line
38%
17%
In-‐store 45%
52. 2012
Good logistical efficiency
and competitive delivery
pricing
English is the language
of technology
development
23%
of retail
online
Purchase protection
through credit card
purchases
Competitive and comprehensive
broadband and networks
Adoption of debit /
credit cards for
online purchase
Availability of
digital / design
skills
We are a
nation of
shopkeepers
Common tax laws
and pricing
across UK
Legal
requirements to
accept returns
Trusted
relationships with
retailers
13.5%
of retail
online
2016
54. Retail innovation
innovation models
!!
Reinventing
entire industries
Disrupting and allowing us to do things
we’ve never done before
Improving and enhancing how we do things today
104. “yReceipts delivers customer visibility and data capture capabilities that replace
traditional swipe card-based loyalty schemes and helped us increasing in-store
customer data capture 18-fold.”
Head of CRM & Loyalty, Mothercare
105. 100,000 identified customer every week in 200 stores!
That’s every 2nd customer!
84% marketing opt-in rate!
65% feedback rate
115. 1,837,327 new customers!
bought
7,181,593 products!
in
2,979,594 transactions!
across
200 stores!
served by
6,592 sales assistants
116. yReceipts puts data where it belongs: in real-time
Electronic
Receipt
Mobile
App
Feedback
System
CRM
Database
Product Review
Service
Loyalty
System
Customer Web
Login
Analytics
System
Newsletter
Database
yReceipts Hub
No EPOS integration required
Receipt Data
Customer Data
117. Join Ryan and many more happy customers in
Europe, Australia and the US
151. 151
What problem are we solving?
Lovethelook was set up to find outfits without subjective
keywords.
People want immediacy. I see it, I want it now
Marketers want insight and need to be where
their market is
Publishers are looking for new income streams.
Their images are dead assets
152. 152
Our solution
Technology that automatically finds product/s in any digital image and offers similar,
unbiased buying opportunities
Automated
Automatically finds product/s
in any digital image
Customization
Can be white labeled against
a closed list of products
Iterative
Iteratively learns so accuracy
improves over time
Not just fashion
Not just fashion and interiors. Any product in
any image
Scalable
Can scale up to huge image collections for
legacy projects
Unobtrusive
Works on rollover so doesn’t obstruct user
experience
153. 153
Lovethelook as a service
Easily integrated solution for
publishers
Lovethelook is quickly and easily integrated in any
web content allowing rapid monetisation of images.
Commission is shared between publisher and
Lovethelook. Legacy projects of large image libraries
can be quickly implemented due to Lovethelook’s
scalability.
154. 154
Closed catalogue apps
Unique solutions that drive
engagement
We can build branded apps using your catalogue
feed so results only feature your product/s. For
example street fashion images generate the closest
match in your catalogue. This builds brand
engagement and offers a unique user experience
whilst also driving valuable insight in to buyer
behaviour.
155. 155
Enterprise
Saa
We can process billions of images
Lovethelook is robust and infinitely scalable. We
work with and partner some of the world’s largest
digital companies dealing with billions of page
impressions each month.
156. 156
Lateral applications
Saa
We’re not just in fashion and
ecommerce
We are now using Lovethelook technology in a range
of lateral applications including Google Glass. We are
also working in sectors such as security, engineering,
healthcare and military as well as other ecommerce
areas such as interiors.
157. 157
Leading experts in
computer vision and AI
Our unique mixture of
techniques
More in depth learning
and recognition than
competitors
Our advantages
Unparalleled scalability and
iterative tech
159. 159
Contact us to request a demo
grant@lovethelook.com
@lovethelook
linkedin.com/lovethelook
E4F, Birmingham Science Park, Aston University,
Birmingham
Lovethelook.com