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High velocity retail

High velocity retail

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Winning in a high velocity world - A search for speed & direction

SUMMARY

This report reveals that there isn't a unique model of E-Commerce success and identified four Commerce models that are still successful in their own way.

This study is focused on the quick changes that the retail sector is facing nowadays and explains how retailers should adapt to them. Online retailers need to become faster and more efficient but to be successful they can no longer simply accelerate traditional retail processes, the document says. 

This study examines six rules that organizations should take into account in the current changing retail world. Retailers nowadays need to have a considered strategic positioning in place to win. In addition, they have to choose wisely where to invest their capital and at the same time make clear trade-offs on where they will have to lead the market when it comes to speed.

Successful online retailers think about their businesses as dynamic and evolving ecosystems that establish partnerships and bring together the assets of new partners to improve their capabilities.

In addition, retailers are creating flexible organizations that pay attention to customer needs while they keep a shared purpose at their core. Finally, retailers also have to keep a close eye on their strategy to attract and gain online consumers from different markets as the global demand for online shopping continues to increase. It is key that retailers develop a deep understanding of each market, including buyers preferences to marketing priorities, to be successful, the study concludes.

OUTLINE

High Velocity Retail

High Velocity Ecommerce

How Fast Can You Go?

Winning in a High Velocity World

The best at something that matters

Choosing where to follow is as important as choosing where to lead

If you’re not a winning model you’re a losing model

Build your retail ecosystem

Be fearless and set your team free

Go beyond borders to build your tribe

 

 

 

DETAILS

Overview

Researchfinder Rating
4 out of 5 stars
Title
High velocity retail
Sub-Title
Winning in a high velocity world - A search for speed & direction
Region
Global
Published
May 1, 2019
Publisher
OC&C Strategy Consultants
Price
FREE
Language
ENGLISH

Content

Number of Pages
15
Number of Tables
14
Number of Exhibits
14
Topics
e-commerce
Tags
ecommerce, ecommerce market growth, ecommerce trends, global, OC&C Strategy Consultants, omni channel, online consumer needs, online shopping, online shopping behavior
Companies mentioned
Levis, Glossier, Amazon, OTTO, Ocado, Wish, Zara, Google, Vodafone, Walmart, Aldi, YOOX NET-A PORTER, Selfridges, Boohoo.com, Fartech, Burberry, ECCO, Amazon
Methodology
The report is based on interviews with the leaders of global retailers to understand how they are developing their businesses in a quickly changing environment. The study analyzed as well financial performance data for the world’s 800 leading retailers, WPP BrandZTM valuation and brand analytics data and analysis, and OC&C Retail Proposition Index data on how individual retailers were rated by consumers.
EVALUATION

A brief but comprehensive report that examines the rapid changes that the retail sector is facing nowadays and explains how retailers should adapt to them.

Positives:

  • Well structured
  • Illustrative tables and graphics to accompany the text
  • Includes several case studies

Negatives:

  • Some concepts are vaguely explained and would need further reading

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