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15 retail innovations from Austin’s SXSW 3/3

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15 retail innovations from Austin's SXSW 2/3

Emmanuel Fraysse, Axance’s partner and author of the book Business is digital, goes back on the 15 retail innovations he observed during the last South by Southwest® (SXSW®) Conferences and Festivals. SxSW is a music and film festival as well as a digital conferences one.

 

frise market CC (eng)

 

Part 3 in retail experience: Transaction

 

11 – IoT & connected shops

Even before the Apple Watch came out, inMarket launched its shopping list app. More than 1million Apple Watches were sold a few hours after the launch. Some specialists evaluate that the number of devices sold could reach more than 30 millions a year.

apple-watch sxsw inMarket retail

copyright InMarket Apple Watch

 

12 – Fraud’s detection and prevention

Though Trustev wasn’t the sexiest start-up in competition, it still earned the “retail disruptors” price at SxSW. It answers a need for reassurance about fraud’s detection and prevention for electronic payments, through a thorough contact points analysis.

 

trustev

copyright trustev

 

13 – Intelligent dispenser

Vending machines become more and more intelligent. Ever more present on crossing points for on-the-go consumption, they go beyond food products : electronic devices, cosmetics… Soon vending machines will offer custom-made products (perfumes…)

retail Nailmatic ou benefit sxsw

copyright Nailmatic, Little Clélia

 

14 – Purchase facilitators

Internet users become designers of products previously prohibitive. AliveShoes offers its clients to conceive shoes, made by the company afterwards.

TwoTap lessens the doubts of the purchase process, by providing relevant information before checking out.

SXSW two tap innovation retail

copyright Two Tap

 

15 – Production on demand

By delinearising the value chain, you can order a product… which can be produced during the delivery.

retail impression en route sxsw

copyright slobo via iStock/Salon

Only 150 pieces in the world, including 6 in France and 1 in Lille. The Espresso Book Machine is a miniature print shop, able to make a 200 pages book in 5 minutes, when the client orders it inShop.

 

THE DISRUPTORS NOT TO MISS

Jennifer, Julie et Katrina

(From left to right) Jennifer Hyman, Julie Bornstein and Katrina Lake

Jennifer Hyman (@Jenn_RTR) is Rent The Runway‘s CEO & Co-Founder

“We need to put FedEx et ups out of business. The delivery [industry] needs to be completely ripped up and totally recreated… The only way that [e-commerce is] economically viable is if the delivery [industry] changes.”

Julie Bornstein (@juliebornstein) used to be Sephora’s Chief Marketing Officer, but switched to Stitch Fix since the SXSW conference.

“Thinking 12 months ahead is not enough when planning for the future of digital retail.”

Katrina Lake (@kmlake) is Stitch Fix‘s Founder & CEO

“Data is the most important aspect of personalized, competitive online retail.”

Find the slides of Emmanuel Fraysse’s presentation on Slideshare.

Read also the first and second part of the article!



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