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Lluis Martinez-Ribes

Retail innovation

Entries tagged as 'retailing'

INNOVATION IS ALSO IN FASHION RETAILING. Interpretation of Victorio & Lucchino Men

31 October 2012 · 12 Comments

Image: inside the store (provided by the company)
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On September 20, Victorio & Lucchino (V&L) established its first shop for men in nr. 28, Lagasca Street in Madrid. The inauguration made a splash in the media and in the public. The Spanish real-life magazine Hola.com made the event its main story: 鈥淰ictorio and Lucchino open a [...]

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Tags: Victorio & Lucchino · business model · centricidad en cliente · customer centricity · experiencia de compra · fashion · innovaci贸n · innovation · insight · lealtad · loyalty · moda · modelo de negocio · retail · retailing · shop · shopping experience · teatralizaci贸n · theatricallisation · tienda

KNOWING BEFORE IT HAPPENS_ Artificial Intelligence makes retailing more efficient

31 December 2010 · No Comments

Image: Plataformasinc.com
ABSTRACT
Traditionally, it is understood that a segment is a part of the market made up of people sharing a similar profile, which means they can behave in a similar way if they are exposed to some marketing policies.Nevertheless, thanks to the evidence provided by Artificial Intelligence (AI) applied to retailing it is being proved [...]

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Tags: Artificial Intelligence · Base de datos de clientes · Comportamiento de los clientes · Contexto · Datos cualitativos · Datos cuantitativos · Inteligencia artificial · Predicci贸n · Segmentation · Target · context · customer behaviour · customer database · customer value · innovaci贸n · innovation · marketing · planning · prediction · qualitative data · quantitative data · retail · retailing · segmentar · valor del cliente

THE CUSTOMER PERSON_Shopkeepers must provide some sense to a small part of their customers鈥 existence

16 July 2010 · 1 Comment

Photo: Pere Hortig眉ela / Jero Martinez
ABSTRACT
How many stores have you seen closing down as you walk around your neighbourhood? It鈥檚 a truly devastating scene. Each shop that has closed down tells a story of pain and sadness.
Yet, haven鈥檛 you also seen queues in some bakeries that sell products that are far from cheap? Haven鈥檛 you [...]

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Tags: EER · FIR · empresa en retailing · experiencia de compra · firm in retailing · retail · retailing · shopping experience · tienda

LET鈥橲 DREAM, IT鈥橲 FREE_The days are counted for the traditional model to sell journals

6 July 2010 · 3 Comments

Photo: Marcel Germain (flickr.com)
ABSTRACT
Structural problems are emerging in the printed press industry and affecting its business model. A result of new consumer trends, decreasing number of points of sale, the sensibility of newspaper sales vis 脿 vis special offers, and the high percentage of contents produced from agency releases or inserts. The “keep up to [...]

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Tags: EER · FIR · empresa en retailing · experiencia de compra · firm in retailing · retail · retail innovation · retailing · shopping experience

FINDING THE X_Where innovation starts

13 April 2010 · 2 Comments

Photo: JM Martinez Ribes.
ABSTRACT
If you want to innovate in retailing it is as important to find the solution as starting with the correct ideas or approaches.
If you do not have a profound understanding of your public your final outcome will be like playing lottery.
Moreover, trying to innovate within set boundaries and only researching the [...]

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Tags: EER · FIR · Soluci贸n · Solution · empresa en retailing · firm in retailing · innovaci贸n · innovation · insight · proceso de compra · purchasing process · retail · retail innovation · retailing · segment · segmentar · store · tienda

THE RETAIL BRAND

16 March 2010 · No Comments

It is no secret that Retail Brands market share is growing. The purpose of this video that I recorded for ESADE, is not to reel off a long list of facts and figures but rather to understand what Retail Brands are, and to come up with effective strategies to deal with their growth. Big surprises [...]

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Tags: EER · FIR · MDD · Supply · branding · distribuidor · distribution · distributor · distributor brands · empresa en retailing · fabricante · firm in retailing · marca del distribuidor · marca en retail · marca propia · proveedor · retail · retail brands · retail innovation · retailer · retailing · supplier

FROM SANTURCE TO BILBAO_Some advises for improving the communication of stores

2 February 2010 · No Comments

Window display in a Milan store.
ABSTRACT
No communication means no sale. Next to informing communication should also persuade the customer. And in this context (good) sales people are vital. Retail companies used to be person and smile-intensive, but nowadays they have to be capital-intensive too. The context has changed and a new challenge emerged: how to [...]

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Tags: EER · FIR · IT · communication · comunicaci贸n · convencer · empresa en retailing · firm in retailing · innovaci贸n · innovation · persuade · retail · retail innovation · retailing · sensorial solutions · sensorialidad · tecnolog铆as

THE SHOPPING EXPERIENCE INFLUENCES THE WILLINGNESS TO PAY A LITTTLE MORE

12 January 2010 · 1 Comment

ESADE recently asked me to record a short movie with my reflections on retail management, and this is the result.
This video offers a sequence of various micro themes that create a link between marketing and finance, describing how to become the customer’s preferred choice and illustrating some common errors.
It also includes an episode on how [...]

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Tags: EER · FIR · customer's preference · empresa en retailing · experiencia de compra · firm in retailing · margen bruto · opci贸n preferida · profit margin · retail · retailing · shopping experience

CRISIS, WHAT CRISIS?_Confronting the situation through neuroscience and direct marketing

11 December 2009 · No Comments

Photo: C. de Psiquiatra (flickr.com)
ABSTRACT
Before coming up with a solution, we’ve first got to know what we’re dealing with. To begin with, if we’re talking about 鈥榗risis’, we should do so in the plural. Otherwise, a wrong diagnosis will lead to ineffective decision-making.
To address the crises, we encounter a good ally in the direct [...]

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Tags: EER · FIR · compra impulsiva · empresa en retailing · experiencia de compra · firm in retailing · impulse purchase · innovaci贸n · innovation · marketing · neurociencia · neuroscience · retail · retail innovation · retailing · shopping experience

SANTANDER: SIZE MATTERS IN SPORTS MARKETING

27 November 2009 · No Comments

Emilio Bot铆n, the President of Banco Santander.
ABSTRACT
The day previous to the Formula One Grand Prix in Monza, 200 international journalists witnessed how Emilio Bot铆n, the President of Banco Santander, and Luca di Montezemolo, Ferrari’s President, signed a five-year sponsorship agreement during a press conference. The actual amount was never disclosed but rumours name a sum [...]

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Tags: EER · FIR · Ferrari · Santander · branding · empresa en retailing · firm in retailing · innovaci贸n · marca · marketing · patrocinio · retail · retail innovation · retailing · sponsorship