Licensing Magazine October 2020 ENG

Page 106

106

Retail

OMNICHANNEL

Omnichannel future: the integration between online and offline By Matteo Melani With the outbreak of the pandemic, all our habits changed and of course, retail was also affected. Firstly with the closure of shops, then with the consequent decrease in sales and, over recent months, with the new anti-contagion products for customers.

How do we deal with this big change? What methods can guarantee success despite the stalemate? While it is true that in-store sales have dropped, online purchases have also seen a large increase. According to an ISTAT study, in the first seven months of 2020, retail sales decreased overall by 8.5 per cent compared to the same period in 2019, while online business recorded a 28.5 per cent growth. These statistics show that in the current market, in order to be competitive, retailers must implement an omnichannel strategy with the key focus on digital. Several brands have used the lockdown period to change their strategies, replicating the e-commerce platform as much as possible with the physical store. Like La Rinascente, which has expanded its online commercial offer with 600 brands and 1500 products.

“This initiative,” explains the company, “represents a new and important piece of La Rinascente’s omnichannel strategy, aimed at providing a multi-

channel experience. We wanted a site that replicates, as far as possible, the experience and entertainment that can normally be found in our physical stores. All mobile friendly”. La Rinascente’s strategy did not stop at simply displaying products online, but also combining elements concerning logistics and customer loyalty. By ordering on the site customers are offered free shipping throughout Italy for orders over €30 as well as free returns. Through the Click&Collect option, there is also the option of withdrawal of the product ordered from a store, along with express delivery options. A 20 per cent discount is also available for holders of the Friends Card on the online store. In short, a mix of innovation and tradition which guarantees


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Articles inside

KIDZ GLOBAL What are the world’s most popular kids’ entertainment brands? Which are the 2020 trends?

16min
pages 154-160

DANCE All for the love of dance

4min
pages 152-153

CARTOON FORUM The future of European animation at Cartoon Forum 2020

13min
pages 146-151

Entertainment

8min
pages 142-145

PUBLIC AND TERRITORIAL BRANDS The strength of public access and regional brands

6min
pages 134-137

WORLD LIBRARIES The best libraries around the world

8min
pages 130-133

SOCIAL MEDIA The new life of brands on social networks

6min
pages 138-141

FRANCHISING Franchising and licensing. Differences and similarities

43min
pages 108-129

OMNICHANNEL Omnichannel future: the integration between online and offline

4min
pages 106-107

PERRY ELLIS INTERNATIONAL What’s new for EMEA and Asia

4min
pages 102-105

E-COMMERCE Social-marketers, instagram and tik tok expand their market

4min
pages 100-101

FESTIVAL OF LICENSING The global licensing big reunion

4min
pages 98-99

TEAM MARKETING Uefa Club competition licensing programme

7min
pages 94-96

BOLOGNA KIDS LICENSING TRADE FAIR Bologna 2021: focus on kids

2min
page 97

PLAY AROUND A new player in the toy industry

2min
pages 92-93

CICABOOM It’s time for a new group of mythical heroes...the Letrabots

2min
pages 90-91

Retail

2min
page 89

TEEN TV The new european Teen TV is online

4min
pages 84-88

IGT - COOL THINGS A new creative factory

2min
pages 82-83

WILDBRAIN CPLG What’s new in Wildbrain CPLG portfolio

3min
pages 80-81

EL OCHO LICENCIAS Y PROMOCIONES El Ocho view on the future

6min
pages 74-77

XILAM The rich animation portfolio by Xilam

4min
pages 72-73

ETS LICENSING Combining tv and digital for an offer adapted to the consumer evolution

10min
pages 66-71

Interview

5min
pages 62-65

ATLANTYCA ENTERTAINMENT Hello Maestro, the edutainment pioneer

2min
pages 78-79

RAINBOW 25 Years rolling and roaring 44 Cats

4min
pages 60-61

SANRIO A new season of friendship

6min
pages 54-57

MAURIZIO DISTEFANO LICENSING An even richer portfolio with many news to create fast sell-out products

6min
pages 46-49

BOING SPA Re-launch plans for Boing’s portfolio

4min
pages 58-59

Interview

7min
pages 50-53

ACAMAR FILMS Bing plans long stay in Italy as pre-schoolers take him to their hearts

4min
pages 44-45

STUDIO 100 MEDIA New plans for 2021

8min
pages 36-39

TEAMTO 15 Years of growing success

4min
pages 40-43

MONDO TV MeteoHeroes: saving the planet - and that’s just the start

6min
pages 32-35
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