Dealer Support June 2020

Page 18

MANAGEMENT

D I G I TA L D I S R U P T I O N

Digital disruption and its impact on the OP industry Michelle Aston, marketing manager at Aston and James, explores the impact of digital disruption on our industry – and how dealers can make the most of it THE CHALLENGE

same time, raising our expectations. Digital

What digital disruption is starts with you.

technology is shaping the way businesses

Although the term ‘disruption’ has negative

operate, enabling new ‘hyper disruptive’

connotations, in reality, it is only negative for

business models, such as the subscription

those who choose to dismiss it in the hope

model - eg. Netflix, Amazon Prime - and the

that it will go away and not have an impact.

eco-system model - eg. Google and Apple.

Kodak and Blockbuster video are good

Whether we like it or not, disruption

examples of this; they saw it coming but did

is real. As I see it, there are two key

not adapt their product offering to compete

points of impact on us as office products

with changes in digital technology.

dealers - power and expectations; power

For those who choose not to ignore it, it presents an opportunity to embrace new

of competitors and changing customer expectations

technology and review both internal and external processes. In a nutshell, quoting

HYPER COMPETITORS

the Gartner definition, digital disruption

The constant changes in digital technology

is, ‘an effect that changes the fundamental

make it necessary to know, not only who

expectations and behaviours in an industry

our competitors are, but also what our

that is caused by digital capabilities, channels

competitors are up to. How does their online

or assets’.

customer experience differ? What new

Disruption is the result of emerging

products are they offering, are they changing

digital technologies and business models

pricing strategies? What technology/

driven by intelligence, technology and

software are they using?

consumer expectations. Personalisation,

Competition in the office products

artificial intelligence and big data are shaping

industry is fierce and, with increasing

the way we, as consumers, buy while, at the

innovations in digital technology, power

[18] JUNE 2020

www.dealersupport.co.uk


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