IRF CONFERENCE THE ULTIMATE RETAIL KNOWLEDGE PLATFORM
IRF - DAY 1 September 17, 2014 (Wednesday)
IRF - DAY 2 September 18, 2014 (Thursday)
The mission of India Retail Forum (IRF) is to be a RETAIL CATALYST by connecting businesses, people, knowledge and ideas for the profitable growth of modern retail.
IRF 2014 theme: is to be the catalyst to bringing the Golden Age of Retail, a Retail Renaissance where proven concepts are replicated seamlessly, innovation breaks barriers, and technology ushers the age of augmented reach in consumers minds and newer retail spaces and formats.
7 Mantras for India Retail Forum in 2014 for the Golden Age of retail: BUILD A PROFITABLE RETAIL ECOSYSTEM LEARN, SHARE, IMPLEMENT, GROW RETAILS BEST PRACTICES MASTERING THE 4 Rs OF RETAIL: RIGHT PRODUCT, RIGHT TIME, RIGHT LOCATION, RIGHT PRICE PUTTING THE PASSION BACK INTO RETAIL REVOLUTION, RENAISSANCE, REWARD, REINVIGORATE ACHIEVE PROFITABLE RETAILING AT EVERY STORE LEVEL WINNING THE ELUSIVE CUSTOMERS OF TODAY RESETTING THE RULES OF RETAILING INSPIRING SHOPPERS IN THE NEW ERA TO BUY NOT JUST TO CONSUME, BUT FOR TRANSFORMING THEIR LIVES INTO A BETTER LIFESTYLE
IRF CURTAIN RAISER: ANALYSIS OF INDIAN RETAIL LANDSCAPE FOR STIMULATING MODERN RETAIL GROWTH FOR NEXT 10 YEARS What will impact your retail business in years to come. Is it the consumers, internet, shopper behavior, social media? Learn from the leading consultants on how your retail business will be impacted & what you need to do about it. - Retail Insights - Consumer & Retail Trends
INAUGURAL SESSION & KEYNOTE ADDRESSES: WINNING STRATEGIES FOR RETAIL JOURNEY SO FAR AND THE PATH AHEAD Analysts believe that the Retails second innings is yet to come and 2014 onwards will usher be a golden era for the retail industry with the economy performing slightly better and consumer sentiments moving up. The decisive outcome at the general elections has also given the added boost to this sector. What does the retail industry holds for all in 2014 & beyond? Hear it out from the Retail titans.
POLICY MATTERS: IMPLICATIONS OF NEW GOVT. POLICY FOR RETAIL AND HOW TO MAXIMIZE ITS BENEFITS (OR HOW WE CAN COORDINATE OUR STRATEGIES TO INFLUENCE GOVT. POLICY)
THE CEO AGENDA: TRANSLATING THE STRATEGY FROM THE BOARDROOM TO THE STORE CHECKOUT LINES: VISION MEETS STRATEGY MEETS EXECUTION MEETS IMPLEMENTATION
o Business Model o Brand Positioning o Merchandise o Marketing o Innovation o Technology o Customer Service o People - PSP - Philosophy ( People Service Profit )
THE FOUR Vs OF BIG DATA VOLUME, VELOCITY, VARIETY, VALUE LEARNING TO TRANSLATE IT INTO USING IT AT THE RIGHT SOURCE, RIGHT RATE, RIGHT TIME, RIGHT PLACE Everybody is talking of BIG DATA! There's no doubt that big data stands to reshape the future of retail - from purchase behavior to communication preferences but first one has understand what you want to achieve and THEN put your PEOPLE to work with the data effectively into your business model & ultimately be profitable.
Get expert advice into how you can turn data into insight, insight into action, and action into tangible results, through a systemic approach:
- Start with the problem, not the data - Focus on metrics that matter to your customers, not your accountants - Focus on actions and feedback, not analytics and reports - Let people do what people are good at (creativity with the approach to the data), let computers do what they are good at
GETTING RECRUITMENT, RETENTION, REVITALIZATION, AND REPLACEMENT RIGHT FOR A POWER PACKED PEOPLE ORGANIZATION - BUILDING A SOUND HR STRATEGY
THE FIVE VIRTUES OF BRAND BUILDING IN RETAIL REDEFINING THE GROUND RULES How to make the right proposition for your brand which makes the right emotional connect along with showing a functional benefit.
E COMMERCE SPECIAL: HOW TO WIN BACK SHOPPERS WHO ABANDON THEIR ONLINE SHOPPING CART
EXPRESS SHOPPING FORMATS WHEN TIME IS SHORT, THE OPPORTUNITY IS BIG How to attract your shopper in 15 minutes.
3 SUCCESS MANTRAS IN A CONNECTED WORLD: DIGITISE - SHARE CONNECT The shopping process has moved from fixed to fluid, its not linear anymore: location is unmoored, price is unfixed, access is unbounded. In fact it is more like a purchase fish, where consumers are swimming in a digital ocean. How to navigate this new social and digital media to: (1) connect with customers where they are, (2) entice consumers to build true relationships with our brands (3) influence the social networks to our advantage.
Understand from the experts how you can leverage the most out of marketing in the age of the omni- channel. Shoppers have myriad information and options available at their fingertips, and how you can communicate your brand strategies across this network in motivating ways. Also, how you can leverage the value of consumers talking to consumers, and while word of mouth (WOM) has been around forever, the digital world opens up the pathway for consumers to converse one to many.
SHOPPER INSIGHTS HITS ADOLESCENCE NOW MAKE IT EARN FOR YOUR BUSINESS
MARKETING GUM: TIMELESS MARKETING IDEAS MADE TO STICK FOR KEEPING YOUR SALES AND PROFITS SKY - HIGH
SPECIAL FEATURE PRESENTATION: PUTTING THE ENTREPRENEUR BACK INTO RETAIL
THE 8th WONDER IN RETAIL FUTURE PARADIGMS AND TECHNOLOGY THAT HAVE THE POWER TO CARRY OUT DISRUPTIVE INNOVATIONS
IS BIGGER THE BETTER ANYMORE - DOES SIZE MATTERS IN TODAYs RETAIL ENVIRONMENT?
THE EMERGENCE OF LUXURY RETAIL Luxury brands have experienced incredible growth around the world helped by the emergence of China and India as major luxury consumers. Luxury experts are more positive, predicting a period of change as brands adapt to the new demands of consumers in all markets, reappraise their artisan manufacturing skills and embrace the challenge of the digital revolution. In this session, a panel of luxury brand experts debate the way that luxury is changing, including: - Latest trends and developments in the luxury industry - Emerging markets and new consumers of luxury products - Story telling: strategies to create luxury experiences - Brands leading the way and staying ahead of the competition - Understanding customer behaviours in China, SE Asia and Middle East and how this affects brands entering the market
GROWTH FOR ALL SEASONS - EVOLVING AN AMBIDEXTROUS STRATEGY WHICH HELPS SURVIVE THE LOWS, AND GUARANTEES GROWTH IN BETTER TIMES Retail strategists tend to fall into one of two camps: there are those who believe in sustainable advantage focusing on the core business and those who believe in transient advantage constantly seeking new opportunities. But if a retail organization wants to be successful, it must do both. There are a few ways to do this, but lets take the more practical approach Lego is a great
example. In order to grow the companys core business while still looking for new opportunities, the CEO divides his teams as follows: 100 or so people work on the core business, 20 or so work on a broader range of opportunities, and a dozen people work on innovations that could possibly disrupt the companys business model.
SPECIAL FEATURE PRESENTATION: OLD IS GOLD 50 YEARS AND STILL GOING STRONG
WOULD YOU LIKE FRIES WITH THAT? HOW TO USE CROSS-SELL & UP-SELL AS THE MOST ENDURING MARKETING RULES OF DERIVING MAXIMUM VALUE FROM AN EXISTING CUSTOMER
CONSUMERS DRIVING NEW RETAIL DESTINATIONS - THE WHY, WHERE AND WHAT OF RETAIL DESTINATIONS Understanding how consumer behaviour is influencing the retail property landscape is imperative if retailers are to run profitable store estates. From creating spaces that make an emotional connection with the consumer to understanding how location is being driven by new shopping habits such as convenience, this session will address the bond between shoppers and shops and ask how consumer behaviour is reshaping the retail property portfolio.
CHANGE THE GAME! - INSPIRATIONS IN BUSINESS TURNAROUND We talk to the CEOs of 3 major retailers about their experience of stepping into the hot seat. Well hear how they are plotting a course to reinvigorate the business, including evaluating the strategic options, getting the right people on board, taking the organisation with them on the journey to return to growth, and driving a culture of success and innovation to achieve their goals.
THE NEW RULES FOR RETAIL ENTREPRENEURS WITH GROUND-BREAKING CONCEPTS The digitalisation of retail and the revolution in consumer technologies have broken down the traditional rules of business forever. A new breed of retailers with new routes to market and customer relationships are redefining what it means to be a retailer. We speak to the entrepreneurs and pacesetters fostering innovation and making their mark in this new world. How do they foster innovation, how are they leveraging consumer behaviours and where do they see the next generation of disruptors coming from?
GENERATION I DRIVING FUTURE RETAIL You type, they swipe. You click, they tap. Meet Generation i. Born after 2002, todays digital natives are demanding experiences that are richer, more immediate, interactive and, above all, intuitive than ever before not least from retail where buying the product is the beginning of the process and where interiors are expected to be magical, intuitive, connected landscapes. The most technologically savvy generation in history and unearth the behaviour amongst young customers that will help you prepare for retail in the coming decade. These are the trends that will inspire the shopper experience and drive innovation.
MALLS IN 2014 & BEYOND NEW EMERGING SHOPPING HUBS AND ATTRACTING CUSTOMERS The shopping centre business is a complex one and a mall developer has to keep a number of factors in mind to make it success and work in synergy with the retailers. Location is not only the success factor in making the mall profitable. What are the other criterias that it should be atop a mall developers mind? Adding a local flavor to the tenant mix, effective utilization of dead space, unique promotional activities etc etc. Learn from top developers on the mechanics behind a successful retail spaces, and what the mall.
THE WAR BETWEEN THE MATRIX AND ZION: E-COMMERCE AND RETAILERS Adapting from the popular Matrix trilogy movies, this is a creative presentation on what to expect in the ensuing struggle between e-Commerce and brick-and-mortar retailing. It's not just about finding a clear winner, but rather striking a balance that will allow for co-existence and delivering the best results.
IS SOCIAL + MOBILE WORTH IT? HOW TO CALCULATE AND GET MOCIAL (MOBILE/SOCIAL) ROI Virtually all of your shoppers have smartphones, and virtually all smartphone owners use social media. Everyone knows that Mobile and Social are important, but then why can't anyone give you hard data or metrics beyond how many people Liked your page, or follow you?
This session is geared towards non-experts and will focus on how to calculate ROI based on concrete metrics, as well as provide examples and best practices on how to achieve ROI on your Mobile + Social investment. The session will also look at Mobile + Social within the context of overall marketing strategies.
THE OSCARS OF MANAGEMENT THINKING: INNOVATION TO GLOBALIZATION Ideas have the power to change the world. Its a mantra that propels organizations and individuals alike to innovate, to push boundaries, and stimulate change and progress. Its also a mission shared by all of the thought leaders.
RECENT TIDINGS: HOW DIGITAL CAN CAUSE A REVOLUTION MAKE OR MAR A BUSINESS FORTUNE