WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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The Ecommerce Guide to Tablet Home Pages - a great reference!

The Ecommerce Guide to Tablet Home Pages - a great reference! | WHY IT MATTERS: Digital Transformation | Scoop.it
Ecommerce designers, marketers and merchandisers should be just as obsessed with delivering phenomenal tablet experiences as for other devices. But is the optimal experience a scaled-down desktop experience, scaled-up mobile or something totall
Farid Mheir's insight:

Ecommerce illustrated is a great reference for what to do when creating an ecommerce website. Can't wait to see what the book looks like.

Gianluigi Zarantonello's curator insight, April 3, 2016 2:00 PM

Ecommerce illustrated is a great reference for what to do when creating an ecommerce website. Can't wait to see what the book looks like.

John Dilworth's curator insight, April 3, 2016 3:47 PM

Ecommerce illustrated is a great reference for what to do when creating an ecommerce website. Can't wait to see what the book looks like.

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Study: Online grocery shopping 'no longer a niche'

Study: Online grocery shopping 'no longer a niche' | WHY IT MATTERS: Digital Transformation | Scoop.it
Growing adoption of online food retail has made it imperative for conventional retailers to offer the option to their shoppers.
Farid Mheir's insight:

A great study to read!

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Study: Online grocery shopping 'no longer a niche'

Study: Online grocery shopping 'no longer a niche' | WHY IT MATTERS: Digital Transformation | Scoop.it
Growing adoption of online food retail has made it imperative for conventional retailers to offer the option to their shoppers.
Farid Mheir's insight:

A great study to read.

Björn Pirrwitz's curator insight, April 11, 2016 6:41 AM

Interesting study!

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Amazon to put its own delivery trucks on the road and replace UPS-FedEx? A $400 billion opportunity

Amazon to put its own delivery trucks on the road and replace UPS-FedEx? A $400 billion opportunity | WHY IT MATTERS: Digital Transformation | Scoop.it
A growing amount of evidence indicate Amazon is getting into the shipping and logistics business, an opportunity some analysts say is worth $400 billion.
Farid Mheir's insight:

This article suggests that Amazon is creating a UPS/FedEx competitor offer to distribute parcels to end users. The article provides some very interesting data, and links. Other links include 

 

I don't agree Amazon would create a competitive offer. However I believe it makes sense for them to deliver packages in 2 use cases:

  1. create an internal distribution logistics infrastructure to fulfill its warehouses and transfer packages from its own locations;
  2. distribute to end users using grocery delivery solution as the baseline to get trucks on the road and effectively get virtually "free" delivery. A recent report indicates Amazon will be in the top10 grocer by 2019: http://www.bloomberg.com/news/articles/2016-03-17/one-wall-street-firm-says-amazon-is-about-to-feast-on-the-food-and-beverage-market

 

I wrote about this in the past here: http://www.scoop.it/t/digital-transformation-of-businesses?q=amazon 

Jose Alberto's curator insight, March 30, 2016 5:08 PM

Honestly I can't tell if this is digital transformation per se, but it clearly shows an example of "no-limits" transformation!!!

Yendi Cohen's curator insight, April 1, 2016 2:04 AM

Honestly I can't tell if this is digital transformation per se, but it clearly shows an example of "no-limits" transformation!!!

kalvol4430@gmail.com's curator insight, January 8, 2020 4:28 AM
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Amazon Shipping Costs are growing: what to learn from it?

Amazon Shipping Costs are growing: what to learn from it? | WHY IT MATTERS: Digital Transformation | Scoop.it

Over the past few years, UPS and FedEx have continued to increase their charges for delivering goods despite the fact that gasoline and diesel fuel have not seen a surge since 2011. The increase in charges primarily comes from consumers’ impulse buying and random purchases. As a result, the frequency of delivering smaller and lighter packages increases with separate shipments from different warehouses, which in turn creates the direct impact on the cost of shipping goods. In January 2015, both UPS and FedEx shifted their pricing metrics to dimensional weight on all ground shipments, which ultimately created additional pressure on e-commerce shipping.

Farid Mheir's insight:

Amazon is by far the largest online retailer. If its shipping costs are growing, as they appear to be, all other retailers should take note as they should expect the same.

 

This analysis suggests that we have started to use Amazon to buy smaller products more often, which in turns cost more to be delivered compared to the price of the item. Thus the surge. This may indeed be right, as Amazon Prime cuts down on the incentive to increase basket size to get free delivery.

 

So for Amazon the solution may be to increase the Amazon Prime membership price, open physical stores (as they have announced) or accelerate its deployment of local distributiuon centers to get closer to customers - thus reducing delivery costs, and delays. Or do all three!

 

For other retailers, the solution may be as simple as keeping the minimum order size to a high enough value that ensures sufficient margin to account for the free delivery costs.

over50time's curator insight, March 19, 2016 11:37 AM

Amazon is by far the largest online retailer. If its shipping costs are growing, as they appear to be, all other retailers should take note as they should expect the same.

 

This analysis suggests that we have started to use Amazon to buy smaller products more often, which in turns cost more to be delivered compared to the price of the item. Thus the surge. This may indeed be right, as Amazon Prime cuts down on the incentive to increase basket size to get free delivery.

 

So for Amazon the solution may be to increase the Amazon Prime membership price, open physical stores (as they have announced) or accelerate its deployment of local distributiuon centers to get closer to customers - thus reducing delivery costs, and delays. Or do all three!

 

For other retailers, the solution may be as simple as keeping the minimum order size to a high enough value that ensures sufficient margin to account for the free delivery costs.

Frédéric Leconte's curator insight, March 21, 2016 3:51 AM

Amazon is by far the largest online retailer. If its shipping costs are growing, as they appear to be, all other retailers should take note as they should expect the same.

 

This analysis suggests that we have started to use Amazon to buy smaller products more often, which in turns cost more to be delivered compared to the price of the item. Thus the surge. This may indeed be right, as Amazon Prime cuts down on the incentive to increase basket size to get free delivery.

 

So for Amazon the solution may be to increase the Amazon Prime membership price, open physical stores (as they have announced) or accelerate its deployment of local distributiuon centers to get closer to customers - thus reducing delivery costs, and delays. Or do all three!

 

For other retailers, the solution may be as simple as keeping the minimum order size to a high enough value that ensures sufficient margin to account for the free delivery costs.

Juan Ortega's curator insight, May 20, 2016 4:48 AM
Amazon empezó con gastos de envío gratis... pero en la gráfica podemos observar como los costes han ido aumentando...
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This startup wants to Kill off the center of the supermarket

This startup wants to Kill off the center of the supermarket | WHY IT MATTERS: Digital Transformation | Scoop.it
There’s no shortage of startups vying for share of stomach in the food delivery space. But while most of the competition focuses on delivering fresh goods, Thrive sells only non-perishables. Those products that makes up the center of the grocery store that go in the cupboard or medicine cabinet make up about half of a typical grocery bill, Green notes.

“It’s where no one else wants to play,” Green says. “Fresh food is a blood bath right now. We said, let’s look at the part of the grocery that really shouldn’t be in the grocery store.”
Farid Mheir's insight:

Thrive is a new online pure play eCommerce provider that uses Costco approach - small catalogue of products with lowest possible price and a yearly membership - to attack the supermarket's center of store products. All these items that sit on shelved in the grocery store. 

 

Not convinced they have a business model until they get very low cost local delivery as I believe UPS delivery of a bag of flour and olive oil may not be viable. However, trucks running weekly delivery routes to customers along a pre-defined schedule may stand a chance of making money - but that requires scale that Thrive does not yet have, even at 100M$ in volume.

 

But keep watching them, you may be surprised...

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Attention, deal hunters: Prices these days typically aren’t better online

Attention, deal hunters: Prices these days typically aren’t better online | WHY IT MATTERS: Digital Transformation | Scoop.it

This finding seems plausible given the shopping patterns that we see in today’s marketplace. The majority of consumers don’t stick to just one channel or the other; they alternate between online and in-store shopping. And so retailers are likely realizing that customers will be quick to catch on to different prices — and might be turned off if they see them.


The increased consistency seen on pricing may also reflect a move by many stores to develop a more holistic view of their inventory. In the past, many retailers had separate silos for items to be sold online and items to be sold in stores. As retailers move to a single inventory pool, it’s likely easier for them to maintain uniformity on prices.

Farid Mheir's insight:

Retailers are fighting back against online pure plays, matching prices more often than not - especially when delivery costs are accounted for. This study compares the prices in a multitude of product categories and shows the price difference is shrinking..


The term omni-channel was introduced a few years back to demonstrate that customers often will move from on-line to in-store during their shopping experience. Retailer are adapting as they provide prices that are the same in both environments.

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Amazon's relentless focus on long-term growth

Amazon's relentless focus on long-term growth | WHY IT MATTERS: Digital Transformation | Scoop.it
Amazon has never generated huge profits. It puts most of the money it generates back into the company.
Farid Mheir's insight:

Amazon must invest everything it has - all its profits - to create the tools, and technologies it needs to be relevant against established retailers.


It underlines how much companies must invest when they go through their digital transformation: they must be ready to impact income in order to define themselves with digital technologies.

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This startup wants to Kill off the center of the supermarket

This startup wants to Kill off the center of the supermarket | WHY IT MATTERS: Digital Transformation | Scoop.it
If Costco and Whole Foods had an online baby, it would look something like startup Thrive.
Farid Mheir's insight:

I've been tracking this years now and it seems to be happening. Stores will transform to become points of service rather than warehouses. All the commodity products found on shelves in the center of the store are best candidates for eCommerce.

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Google Shopping Insights

Google Shopping Insights | WHY IT MATTERS: Digital Transformation | Scoop.it
Explore trends and the popularity of products across the U.S.
Farid Mheir's insight:

Great reference on shopping trends in the USA.

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Amazon Rolls Out Devices That Refill Themselves

Amazon Rolls Out Devices That Refill Themselves | WHY IT MATTERS: Digital Transformation | Scoop.it
Amazon on Tuesday announced the arrival of devices that order their own refills from the online retailer.
Farid Mheir's insight:

Amazon introduce a small Internet connected device they called "dash" a few years ago to simplify replenishment of consumables such as laundry detergent via the push of a button. Now they have licensed their technology to manufacturers such as GE to embed the device right into their products. Welcome to the new world of shopping at home!


Have you planned to introduce Internet connected devices and gadgets into your products or offer your products via those devices? Have you made such innovations part of your strategic plan? What are you waiting for?...


Read the following for more insights on how Amazon dash plans to revolutionize the way we consume at home: http://www.scoop.it/t/digital-transformation-of-businesses?q=dash

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economics of e-commerce aren’t there yet say Canadian Tire COO

economics of e-commerce aren’t there yet say Canadian Tire COO | WHY IT MATTERS: Digital Transformation | Scoop.it
For a legacy retailer like Canadian Tire, which infamously scrapped its original website in 2009 due to poor sales and relaunched it in 2011 with tires and general merchandise last year, getting e-commerce right the second time around has been even more critical.

This time, the retailer has devoted far more of its resources to its digital initiatives, even though executives admit the unknowns of e-commerce represent both a challenge and an opportunity for the entire retail industry.

“We are in the midst of a transformation, because the economics of e-commerce aren’t there yet,” Allan MacDonald, Canadian Tire’s chief operating officer, said in an interview. “There are still a lot of unanswered questions.”
Farid Mheir's insight:

Canadian Tire COO says out loud what most Canadian retailers are thinking: you need faith to get into eCommerce today because the delivery costs cannot yet be offset by cost reductions for brick and mortar retailers.

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Global Retail E-Commerce Keeps On Clicking

Global Retail E-Commerce Keeps On Clicking | WHY IT MATTERS: Digital Transformation | Scoop.it

The Global Retail E-Commerce Index™ ranks the top 30 countries for their e-commerce potential, based on several variables that rate both a country's current market and its potential for growth. The findings provide a wealth of information for retailers to use in developing successful global e-commerce strategies and identifying emerging market investment opportunities. - See more at: https://www.atkearney.com/consumer-products-retail/e-commerce-index#sthash.4j8wE1WE.dpuf

Farid Mheir's insight:

eCommerce market and trends study by AT Kearney in 2015. The report highlights eCommerce penetration worldwide but also indicates the high variability of eCommerce penetration by industry sectors. Electronics, books and apparels top the list while grocery is a the bottom. No surprise here.

Farid Mheir's curator insight, May 14, 2016 10:32 AM

eCommerce market and trends study by AT Kearney in 2015. The report highlights eCommerce penetration worldwide but also indicates the high variability of eCommerce penetration by industry categories. Electronics, books and apparels top the list while grocery is a the bottom. No surprise here.

Martin Smith's curator insight, May 17, 2016 12:41 AM
Cool stats for ecom
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eCommerce penetration varies widely by retail categories

eCommerce penetration varies widely by retail categories | WHY IT MATTERS: Digital Transformation | Scoop.it

The Global Retail E-Commerce Index™ ranks the top 30 countries for their e-commerce potential, based on several variables that rate both a country's current market and its potential for growth. The findings provide a wealth of information for retailers to use in developing successful global e-commerce strategies and identifying emerging market investment opportunities.

Farid Mheir's insight:

eCommerce market and trends study by AT Kearney in 2015. The report highlights eCommerce penetration worldwide but also indicates the high variability of eCommerce penetration by industry categories. Electronics, books and apparels top the list while grocery is a the bottom. No surprise here.

Farid Mheir's curator insight, December 19, 2015 9:21 AM

eCommerce market and trends study by AT Kearney in 2015. The report highlights eCommerce penetration worldwide but also indicates the high variability of eCommerce penetration by industry sectors. Electronics, books and apparels top the list while grocery is a the bottom. No surprise here.

Martin Smith's curator insight, May 17, 2016 12:41 AM
Cool stats for ecom
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WalMart giant #ECommerce numbers no match for Amazon: 16% growth, 1.5B$ spend in 2015

WalMart giant #ECommerce numbers no match for Amazon: 16% growth, 1.5B$ spend in 2015 | WHY IT MATTERS: Digital Transformation | Scoop.it
Walmart reported anemic e-commerce sales growth, putting it at danger of falling further behind Amazon.
Farid Mheir's insight:

Despite spending 1.5B$ this year, Walmart sells only 13.2B$ online compared to Amazon 71.8B$. What is more troubling is that eCommerce growth is slowing down.


WHY THIS IS IMPORTANT

After years of denial, large retailers may not be able to transform fast enough to catch up with Amazon. The solution: create the disruption yourself to, at least, learn from your mistakes and be ready to fight when the time comes. 


So many stories, from the music industry to yellow pages, have demonstrated that when disruption happens, the industry changes so fast - what I call the digital cliff - that you won't have time to react. Looks like this is happening to Walmart even though they started in 2010 to create a "lab" and move lots of personnel and resources to the new team.


See also: http://www.scoop.it/t/digital-transformation-of-businesses?q=labs

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Apple has highest sales per square foot of any U.S. retailer - again

Apple has highest sales per square foot of any U.S. retailer - again | WHY IT MATTERS: Digital Transformation | Scoop.it
Apple once again had the highest sales per square foot of any U.S. retailer in 2014, and the iPhone 6 helped pad its lead.
Farid Mheir's insight:

A review of top 10 retailers in sales per square foot. Apple tops the list.

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Get More Sales with These 5 #Email Receipt Marketing Tactics via @Shopify

Get More Sales with These 5 #Email Receipt Marketing Tactics via @Shopify | WHY IT MATTERS: Digital Transformation | Scoop.it
Every time someone makes a purchase from your store, they get an email receipt.
It’s an amazing opportunity to connect with your customers—but it’s often overlooked as a marketing channel.  And chances are, you’re missing out on sales because of that.
In this post, we’ll take a look at how you can use email receipt templates as a part of your marketing strategy.
Farid Mheir's insight:

Great blog post. A bit disappointed that it is limited to marketing tactics that seem to benefit only the retailer. Why not suggest receipt content that would help the user? 


Things like emailing content derived from the products sold (a recipe if you bought food products), links to other "partner" or affiliated websites, reminders for next replenishment when buying staples and other consumables, etc.etc.


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2015 Quebec #eCommerce index and 5 case studies of Quebec via @CEFRIO

2015 Quebec #eCommerce index and 5 case studies of Quebec via @CEFRIO | WHY IT MATTERS: Digital Transformation | Scoop.it

Malgré le fait qu'aujourd'hui tout se vend sur Internet, les entreprises québécoises tardent à adopter le commerce électronique et celles qui le font sont encore trop peu nombreuses pour desservir les marchés hors Québec. Le CEFRIO en collaboration avec l'Institut du Québec ont voulu avec ce projet d'enquête sensibiliser les entreprises d'ici à cet enjeu désormais incontournable qu'est le commerce électronique.

La première partie de ce rapport présente les résultats d'une enquête réalisée auprès de 1 200 entreprises du Québec (secteurs de la fabrication, du commerce de gros, du commerce de détail et des services). On y dresse le portrait du commerce électronique au Québec et on y propose des pistes d'action pour aider le Québec à évoluer dans ce domaine. La deuxième partie présente cinq études de cas d'entreprises québécoises qui intègrent le commerce électronique dans leurs pratiques d'affaires.

  1. Altitude-sports
  2. BonLook
  3. DeSerres
  4. La Vie en Rose
  5. Lozeau
Farid Mheir's insight:

(in french) 5 case studies of Quebec companies with a successful eCommerce solution. Part of the recent CEFRIO eCommerce study update.

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Apple to simplify retail stores by demoting iPods to shelves, dropping iPad Smart Signs

Apple to simplify retail stores by demoting iPods to shelves, dropping iPad Smart Signs | WHY IT MATTERS: Digital Transformation | Scoop.it
Apple is preparing to make significant changes to its stores to simplify the experience by relocating iPod stock to accessory shelves and removing iPad-based Smart Signs, according to several Apple...
Farid Mheir's insight:

A review of the many changes Apple has been making in its stores. Reminder: Apple stores have the most sales per square feet of any store. Retailers of all should take note and apply Apple's lessons to their own stores: store are not warehouses but showrooms that display products and offer information, accessories and service. Order online for everything else.


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Economic secrets of the dark web—the safe, easy way for anyone to be a little drug lord

Economic secrets of the dark web—the safe, easy way for anyone to be a little drug lord | WHY IT MATTERS: Digital Transformation | Scoop.it
Online trading makes the illegal drug economy—or parts of it at least—more transparent, more predictable, and safer.
Farid Mheir's insight:

Very depressing review of the online drug marketplaces. Amazing to see how the retail model is being replicated for illicit purpose.

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Five E-Grocery trends around the world via @orckestra

Five E-Grocery trends around the world via @orckestra | WHY IT MATTERS: Digital Transformation | Scoop.it
Here are five important trends that will affect the American online grocery market in the next five years. From in-store mobile to personalized real-time offers and contactless payment, the future of grocery is all about convenience and options.
Farid Mheir's insight:

A review of 5 trends in egrocery shopping which could also apply to any retailer.

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2015 #eCommerce Survey shows 78% retailers plan for unified platform by 2020

2015 #eCommerce Survey shows 78% retailers plan for unified platform by 2020 | WHY IT MATTERS: Digital Transformation | Scoop.it

Customers expect a personalized, seamless brand experience across digital and physical commerce touch points and unified commerce is key to delivering this experience. This is the new mantra in retail, according to the 2015 E-Commerce Survey, 43% of the respondents indicated that a consistent brand experience across channels is one of their top commerce priorities.

“Retailers realize that that they can no longer operate from within silos, and the convergence of digital and physical commerce is now a retail imperative,” said Brian Brunk, principal, Boston Retail Partners.

Boston Retail Partners’ 2015 E-Commerce Survey of top North American retailers offers insights into retailers’ current e-commerce initiatives, priorities, and future trends as the retail industry continues its transformation into the digital world.

Key findings in the 2015 E-Commerce Benchmark Survey include:

> Improving the customer experience is the top priority – 43% of retailers indicating that a consistent brand experience across channels is essential

> A unified commerce platform is critical – 78% of retailers will have a unified commerce platform implemented within 5 years

> Mobilizing commerce remains a high priority – 45% of retailers indicated that mobile websites are their most important e-commerce capability

> Payment options and security are essential – 63% of retailers plan to accept Apple Pay within 2 years

> E-commerce continues to expand – 85% of retailers expect an increase in 2016 e-commerce website revenue

Farid Mheir's insight:

A recent survey on the eCommerce intentions of retailers in the short to mid term.

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Canada Post embracing e-commerce with modern pickup centres via @RCEQ

Canada Post embracing e-commerce with modern pickup centres via @RCEQ | WHY IT MATTERS: Digital Transformation | Scoop.it
The post office’s new parcel centres put it on the front lines of the battle to compete in a digital age
Farid Mheir's insight:

Not sure this thing will work but let's give them an A for effort.

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When It Comes To Delivery, One Size Doesn’t Fit All (because 500 retailers = 97% of sales)

When It Comes To Delivery, One Size Doesn’t Fit All (because 500 retailers = 97% of sales) | WHY IT MATTERS: Digital Transformation | Scoop.it
With the recent announcement of Amazon Flex and rumblings about Uber expanding into delivery, all eyes are looking at the category, wondering who will win?
Farid Mheir's insight:

Some interesting nuggets in this article:

- pareto applies:  97% of eCommerce sales (295B$ of 304B$) come from 500 retailers only

- shipping is marketing: Amazon recognized that free 2-day shipping for Prime customers makes for a fabulous customer acquisition tool, therefore it considers shipping a marketing cost.


Plus you'll read about all the different shipping services available today.

Immigration Overseas Reviews with No Complaints,'s comment, October 21, 2015 6:06 AM
Great Information
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Don't Fear Analytics (I'll Make It Simple For You) – Shopify

Don't Fear Analytics (I'll Make It Simple For You) – Shopify | WHY IT MATTERS: Digital Transformation | Scoop.it
Afraid of Analytics? Been burned by trying to understand them in the past? Don't worry, I'll do my best to make it easy to comprehend, and show you what kind of insights you can get once you know what you're looking at. 
Farid Mheir's insight:

A very simple introduction to eCommerce analytics and why it is so powerful.

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