Jeweller - August 2020
• Tech’s appeal: Understanding your customers’ e-commerce expectations • Balance of power: Review of retail leases and negotiation in the post-covid environment • Market update: new and bestselling products from leading suppliers
• Tech’s appeal: Understanding your customers’ e-commerce expectations
• Balance of power: Review of retail leases and negotiation in the post-covid environment
• Market update: new and bestselling products from leading suppliers
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Best of Business | NAVIGATE THE FUTURE OF CUSTOMER RELATIONSHIPS<br />
known to ‘showroom’.<br />
However, the same study also revealed<br />
that ‘reverse showrooming’ is an even<br />
bigger trend – 69 per cent of consumers<br />
research products online and then visit an<br />
offline store to order the product of their<br />
choice.<br />
In the SSI/No Problem! study mentioned<br />
earlier, one of the aspects under<br />
investigation was how consumer<br />
expectations are changing with regard<br />
to the offline (bricks-and-mortar) shopping<br />
experience.<br />
The results were clear: consumers<br />
expected the online and offline worlds to<br />
integrate in the near future. In many cases,<br />
that’s exactly what is happening.<br />
The study showed that consumers expect<br />
an increasing level of interaction and<br />
digitisation in the offline sales outlets.<br />
For example, 63 per cent expected stores<br />
to install interactive screens enabling<br />
consumers to look up details on specific<br />
products during their visit, and 64 per cent<br />
wanted the option of ordering a product<br />
online right away if it was not on stock.<br />
The latter figure illustrates the evolution<br />
of offline toward online and back again.<br />
What’s more, 73 per cent of consumers<br />
feel it’s a plus when an online store also<br />
has an offline sales outlet.<br />
Flexible pickup and delivery options will<br />
also become an increasingly crucial part of<br />
any retailer’s online strategy.<br />
Know the customers<br />
Consumers exhibit a growing aversion<br />
to repeating themselves so the key issue<br />
for consumers is to be recognised as a<br />
customer across all channels.<br />
Currently one in three people expect sales<br />
personnel to know that they searched<br />
online and browsed a product prior to their<br />
visit; they want to hear the right answers<br />
right away without having to tell the same<br />
story over and over.<br />
Strikingly enough, this phenomenon is<br />
roughly the same across the world.<br />
Data benefits all<br />
A large portion of the public is still clueless<br />
as to how companies can use their data.<br />
The SSI/No Problem! report showed very<br />
little opposition to the possible use of<br />
consumer data for specific purposes but<br />
only a limited number of consumers are in<br />
favour of such practices – most consumers<br />
are indifferent and have adopted a ‘wait<br />
and see’ attitude.<br />
If consumers had their way, retailers<br />
would primarily use their data to send<br />
them personalised information, something<br />
that 46 per cent of respondents would<br />
welcome.<br />
It’s striking to note that the Dutch, who<br />
are traditionally frontrunners in the field<br />
of digitisation, are the most sceptical of<br />
corporate use of personal data – just 30<br />
per cent of Dutch consumers are okay with<br />
companies using their data.<br />
Countries such as Belgium, Spain, Italy<br />
and also Singapore are much more open<br />
to such strategies, and more than 50<br />
per cent of consumers in those nations<br />
expect better service through the use of<br />
consumer data.<br />
The personal digital world<br />
Several years ago, Peter Hinssen wrote<br />
The New Normal, where he argued that<br />
businesses would need to address a<br />
society without digital limits, where they<br />
are increasingly faced with customers<br />
and consumers who no longer tolerate<br />
limitations in terms of pricing, timing,<br />
patience, depth, privacy, convenience<br />
and intelligence.<br />
This is now a reality. Still, it would be<br />
premature to write-off everything situated<br />
in the human and offline realm just<br />
because the digital society has become<br />
the norm.<br />
On the contrary, consumers all over the<br />
world share the same basic concern for<br />
wanting to build a digital relationship<br />
without losing the interpersonal, human<br />
contact of face-to-face relationships.<br />
Only a handful of companies can do<br />
without but, as always, there are<br />
DIGITAL<br />
CUSTOMER<br />
SERVICE<br />
Upgrade<br />
technology<br />
Consumers are<br />
increasingly<br />
oriented to<br />
new channels<br />
and products<br />
– don’t get left<br />
behind<br />
Embrace the<br />
showroomer<br />
Integrate online<br />
and offline<br />
sales to take<br />
advantage of<br />
showrooming<br />
and ‘reverse<br />
showrooming’<br />
Use data<br />
wisely<br />
Shopper<br />
data can be<br />
leveraged<br />
responsibly<br />
to improve<br />
service and<br />
increase<br />
satisfaction<br />
Retain the<br />
human touch<br />
Consumers<br />
still prefer a<br />
human option,<br />
so be wary of<br />
full automation<br />
when it comes<br />
to customer<br />
service<br />
exceptions to the rule – companies like<br />
Amazon and Booking.com are hugely<br />
successful despite minimal human<br />
intervention.<br />
Google is another case in point, but how<br />
many companies can do what these<br />
leading companies are doing?<br />
The answer lies in their excellent track<br />
record when it comes to customer<br />
interaction. Consider these and it’s easy<br />
to see why they are the exceptions.<br />
In contrast, a company like Dutch<br />
e-commerce business Coolblue has<br />
made a conscious choice to cultivate<br />
human contact.<br />
When an online player opens offline<br />
stores and records videos of employees<br />
recommending their services, it is a wellconsidered<br />
and very intelligent strategy.<br />
Closing thoughts<br />
Never underestimate the impact of real<br />
people. Human contact is crucial in<br />
most customer relationships, even in the<br />
digital world.<br />
Nearly three quarters of consumers like to<br />
have the option of talking to a flesh-andblood<br />
person, even when digital channels<br />
are working perfectly.<br />
The simple fact that this possibility exists<br />
creates peace of mind that many people<br />
still value.<br />
The personal touch is in the little things<br />
– one in two consumers like it when a<br />
business addresses them by name, for<br />
example. Retailers must get to know their<br />
customers so they can personalise the<br />
customer experience.<br />
Of course, the great thing about all this is<br />
that jewellery retailing is one business that<br />
still thrives on human contact, excellent<br />
advice and emotional purchasing.<br />
STEVEN VAN BELLEGHEM is a keynote<br />
speaker and author focusing on customer<br />
relationships and marketing in a digital<br />
world. Visit: stevenvanbelleghem.com<br />
42 | <strong>August</strong> <strong>2020</strong>