SlideShare uma empresa Scribd logo
1 de 43
“How to build and foster
stronger consumer relationships through
responsible and conscious retailing.”
Moderator:
Melanie Frank
Senior Marketing Advisor
ACCEO Retail-1
“How to build and foster stronger consumer
relationships through responsible and conscious
retailing.”
Guest Speaker:
Stephanie Bleau
Head of Marketing
and eCommerce
BESTSELLER,
North America
Panelist:
Michael Wexler
Director Global Sales
ACCEO Retail-1
Panelist:
Ian Holland
VP, Development
ACCEO Retail-1
In this session we will discuss:
• What is responsible and conscious retailing?
• The rise of conscious consumerism.
• Why retailers should care and how does it make good
business sense?
• How BESTSELLER is driving success with its “Fashion
Forward Strategy.”
• How can technology play a role supporting retailers in
their initiatives?
What is Responsible and Conscious
Retailing?
A Purpose-Driven Brand
Sustainability and profitability
are not mutually exclusive
Movements and Trends
“Change is coming
whether you like it
or not.”
- Greta Thunburg
The Rise of Conscious Retailing
Consumers are asking…
Where was
this product
made?
Are the materials
used safe for
people and the
environment?
Do the people who
make this product
work in fair and
safe conditions?
Which
communities will
benefit from this
sale?
Welcome to Conscious
Consumerism
How are generations influencing
the way we do business?
New generations of
consumers mean new
shopping habits
How are generations influencing
the way we do business?
Consumers EXPECT COMPANIES TO CARE ABOUT
THE ENVIRONMENT
In a recent study
Why should retailers care and how does
it make good business sense?
would switch brands with similar offering for a good cause
are willing to pay more for sustainable goods and services
 Understand Your Market
 Customer Centric
 Be Authentic – …walk the walk
 Be Transparent
 Commit
 Listen, Lead and Deliver
How can you build and foster stronger
relationships with consumers?
Rethinking sustainable practices
Introduce Experiment Re-think & Reduce
Revamp Connect
A prerequisite for ongoing
business success
Going green is smart!
Bringing Fashion FWD
until we are climate
positive, fair for all and
circular by design
OUR
APPROACH
OUR VISION: We will increase the use of more sustainable materials
year-on-year until all our products are circular by design.
Working towards 100%
more sustainable cotton
Turning waste
into polyester
Innovating for alternative
fibres and fabrics
We will continuously improve the environmental footprint of our products,
operations and supply chain until they are in line with the needs of our planet.
Taking action on
climate change
Renewable energy and
energy reduction goals
Water
stewardship
Incentivising sustainable
supply chain development
We will promote dignity, equality and safe working conditions for all people across
our value chain until fair incomes and respect for human rights are the norm.
Empowering
women’s livelihoods
Supporting industry-wide
negotiated wages
We will engage consumers and partner across the industry to develop
solutions until circularity and transparency is a mindset and consumers are
empowered to act sustainably.
Partnering across the
industry to deliver on
consumer demands
Reducing waste from
plastics and packaging
Engaging
transparently for
accountability
L E A R N I N G S
O N T H I S
J O U R N E Y
1. Sustainability is at the core of your business
ECOLOGICALLY
RESPONSIBLE
=
BUSINESS
RESPONSIBLE
2. You will be overwhelmed.
3. Partnerships are key.
4. Be brave.
4. Involve every area of your organization
Employee-driven initiative
=
25 tons of recycled label-paper
VERO MODA International Women’s Day
=
4000 women with access to income and
business development opportunities
5. Start
https://About.BESTSELLER.COM/sustainability
How can technology play a role
supporting retailers in their
initiatives?
Point of Sale
Digital Receipts
Product Trade-Ins
Donate Gift Card
Balances & Loyalty
Points
Commitment
Loyalty
Brand Advocates
Engage
Employees
Feel Good
Initiatives
Minimize
Waste
Intelligent Price and Promotions
Management
Overstock
Standing
Inventory
Product Returns
Reduce
Real-time inventory visibility and flexible fulfillment
Order Management
Increase Efficiency
Boost Profit Margins
Improve Customer
Satisfaction
Reduce
Costs
Optimize merchandise planning and purchasing
Business Intelligence
Product Demand
Consumer Buying Habits
Consumer Trends
Gain
Insight
Get closer to customers and understand their views and values
Customer Relationship Management
Engage & Personalize
Promote Initiatives
Encourage Involvement
Win
Trust
“Great things are done
by a series of small things
brought together.”
- Vincent Van Gogh
 Socially and environmentally responsible to people and the planet
 Win over conscious consumers and top talent
 Better brand recognition and reputation
 Cost efficiency and savings – reduction of waste and energy
 BUSINESS GROWTH - increase sales and customer loyalty
Sustainability Business Benefits
 Commitment = Opportunity
 Sustainability and profitability are not mutually exclusive
 Authenticity and transparency are key to brand loyalty
Actionable Takeaways from this session:
THANK YOU!
Let’s continue the conversation
Visit us at our booth 5565
How to build and foster stronger consumer relationships through responsible and conscious retailing_ACCEO_BESTSELLER

Mais conteúdo relacionado

Mais procurados

Executing Customer Intimacy in Data Science Projects
Executing Customer Intimacy in Data Science ProjectsExecuting Customer Intimacy in Data Science Projects
Executing Customer Intimacy in Data Science ProjectsWide Vision Analytics
 
Technology: How retailers can stay alive and create exceptional customer expe...
Technology: How retailers can stay alive and create exceptional customer expe...Technology: How retailers can stay alive and create exceptional customer expe...
Technology: How retailers can stay alive and create exceptional customer expe...National Retail Federation
 
Driving better experiences with real-time, location-level data insights_Happy...
Driving better experiences with real-time, location-level data insights_Happy...Driving better experiences with real-time, location-level data insights_Happy...
Driving better experiences with real-time, location-level data insights_Happy...National Retail Federation
 
Cold and Flu Season Proposal
Cold and Flu Season ProposalCold and Flu Season Proposal
Cold and Flu Season ProposalAnyssa Volarath
 
The Wonderful Thing About Triggers is Triggers are Wonderful Things
The Wonderful Thing About Triggers is Triggers are Wonderful ThingsThe Wonderful Thing About Triggers is Triggers are Wonderful Things
The Wonderful Thing About Triggers is Triggers are Wonderful ThingsYes Lifecycle Marketing
 
Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...
Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...
Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...eZ Systems
 
Revionics key components of a winning promotional strategy - oct 2015
Revionics   key components of a winning promotional strategy - oct 2015Revionics   key components of a winning promotional strategy - oct 2015
Revionics key components of a winning promotional strategy - oct 2015Revionics
 
Using multichannel marketing to increase customer engagement and your ROI
Using multichannel marketing to increase customer engagement and your ROIUsing multichannel marketing to increase customer engagement and your ROI
Using multichannel marketing to increase customer engagement and your ROIPure360
 
5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEO
5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEO5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEO
5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEONational Retail Federation
 
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, AnywhereOmni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, AnywhereRevionics
 
simple changes,big results
simple changes,big resultssimple changes,big results
simple changes,big resultsGail Conn
 
Флориан Штрекер, Revionics: Ценообразование
Флориан Штрекер, Revionics: ЦенообразованиеФлориан Штрекер, Revionics: Ценообразование
Флориан Штрекер, Revionics: ЦенообразованиеB2BConferenceGroup
 
Ryan Seckman BIOGRAPHIC
Ryan Seckman BIOGRAPHICRyan Seckman BIOGRAPHIC
Ryan Seckman BIOGRAPHICRyan Seckman
 
FinalPresentation_Benjamin Hart
FinalPresentation_Benjamin HartFinalPresentation_Benjamin Hart
FinalPresentation_Benjamin HartBenjamin Hart
 
Retail Vision 2025: Thoughts On The Future "Store"
Retail Vision 2025: Thoughts On The Future "Store"Retail Vision 2025: Thoughts On The Future "Store"
Retail Vision 2025: Thoughts On The Future "Store"Audio Solutionz
 
What AppExchange Partners Need to Know About GDPR
What AppExchange Partners Need to Know About GDPRWhat AppExchange Partners Need to Know About GDPR
What AppExchange Partners Need to Know About GDPRCodeScience
 
Optimize your In Store Execution to Deliver Amazing Customer Experience
Optimize your In Store Execution to Deliver Amazing Customer ExperienceOptimize your In Store Execution to Deliver Amazing Customer Experience
Optimize your In Store Execution to Deliver Amazing Customer ExperienceNatural Insight
 

Mais procurados (20)

Executing Customer Intimacy in Data Science Projects
Executing Customer Intimacy in Data Science ProjectsExecuting Customer Intimacy in Data Science Projects
Executing Customer Intimacy in Data Science Projects
 
Michael Makukha
Michael MakukhaMichael Makukha
Michael Makukha
 
How to make the impossible possible
How to make the impossible possibleHow to make the impossible possible
How to make the impossible possible
 
Technology: How retailers can stay alive and create exceptional customer expe...
Technology: How retailers can stay alive and create exceptional customer expe...Technology: How retailers can stay alive and create exceptional customer expe...
Technology: How retailers can stay alive and create exceptional customer expe...
 
Driving better experiences with real-time, location-level data insights_Happy...
Driving better experiences with real-time, location-level data insights_Happy...Driving better experiences with real-time, location-level data insights_Happy...
Driving better experiences with real-time, location-level data insights_Happy...
 
Cold and Flu Season Proposal
Cold and Flu Season ProposalCold and Flu Season Proposal
Cold and Flu Season Proposal
 
The Wonderful Thing About Triggers is Triggers are Wonderful Things
The Wonderful Thing About Triggers is Triggers are Wonderful ThingsThe Wonderful Thing About Triggers is Triggers are Wonderful Things
The Wonderful Thing About Triggers is Triggers are Wonderful Things
 
Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...
Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...
Act with Digital Certainty - Sigurður Orri Guðmundsson - Presentation at eZ C...
 
Revionics key components of a winning promotional strategy - oct 2015
Revionics   key components of a winning promotional strategy - oct 2015Revionics   key components of a winning promotional strategy - oct 2015
Revionics key components of a winning promotional strategy - oct 2015
 
Using multichannel marketing to increase customer engagement and your ROI
Using multichannel marketing to increase customer engagement and your ROIUsing multichannel marketing to increase customer engagement and your ROI
Using multichannel marketing to increase customer engagement and your ROI
 
5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEO
5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEO5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEO
5 Reasons you need a gateway for POS payments and 5 reasons you dont_ACCEO
 
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, AnywhereOmni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
Omni-Channel Shoppers Demand It: Real-Time Pricing – Anytime, Anywhere
 
simple changes,big results
simple changes,big resultssimple changes,big results
simple changes,big results
 
Флориан Штрекер, Revionics: Ценообразование
Флориан Штрекер, Revionics: ЦенообразованиеФлориан Штрекер, Revionics: Ценообразование
Флориан Штрекер, Revionics: Ценообразование
 
Ryan Seckman BIOGRAPHIC
Ryan Seckman BIOGRAPHICRyan Seckman BIOGRAPHIC
Ryan Seckman BIOGRAPHIC
 
FinalPresentation_Benjamin Hart
FinalPresentation_Benjamin HartFinalPresentation_Benjamin Hart
FinalPresentation_Benjamin Hart
 
Retail Vision 2025: Thoughts On The Future "Store"
Retail Vision 2025: Thoughts On The Future "Store"Retail Vision 2025: Thoughts On The Future "Store"
Retail Vision 2025: Thoughts On The Future "Store"
 
What AppExchange Partners Need to Know About GDPR
What AppExchange Partners Need to Know About GDPRWhat AppExchange Partners Need to Know About GDPR
What AppExchange Partners Need to Know About GDPR
 
Optimize your In Store Execution to Deliver Amazing Customer Experience
Optimize your In Store Execution to Deliver Amazing Customer ExperienceOptimize your In Store Execution to Deliver Amazing Customer Experience
Optimize your In Store Execution to Deliver Amazing Customer Experience
 
Rebuilding Catering
Rebuilding CateringRebuilding Catering
Rebuilding Catering
 

Semelhante a How to build and foster stronger consumer relationships through responsible and conscious retailing_ACCEO_BESTSELLER

consumer behavior in tourism
consumer behavior in tourismconsumer behavior in tourism
consumer behavior in tourismrustambek19982307
 
AdvoFest Presentations
AdvoFest PresentationsAdvoFest Presentations
AdvoFest Presentationshyve_live
 
Storytelling for Organizational Engagement: Selling Sustainability Internally
Storytelling for Organizational Engagement: Selling Sustainability InternallyStorytelling for Organizational Engagement: Selling Sustainability Internally
Storytelling for Organizational Engagement: Selling Sustainability InternallySustainable Brands
 
Unit 1 Defining Marketing And The Marketing Process To Post
Unit 1 Defining Marketing And The Marketing Process To PostUnit 1 Defining Marketing And The Marketing Process To Post
Unit 1 Defining Marketing And The Marketing Process To Postguestcc4c0
 
Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8
Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8
Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8Asameno Sime
 
Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...
Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...
Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...De&Di -Integrated Marketing Services
 
5 Effective Marketing Strategies for Green Businesses
5 Effective Marketing Strategies for Green Businesses5 Effective Marketing Strategies for Green Businesses
5 Effective Marketing Strategies for Green BusinessesMelanie Chursinoff
 
Sustainable Marketing_ Building Brands with Purpose in 2023.pdf
Sustainable Marketing_ Building Brands with Purpose in 2023.pdfSustainable Marketing_ Building Brands with Purpose in 2023.pdf
Sustainable Marketing_ Building Brands with Purpose in 2023.pdfFirstDigiAdd3
 
Christie communications ncn_building your brand for growth july 2013
Christie communications ncn_building your brand for growth july 2013Christie communications ncn_building your brand for growth july 2013
Christie communications ncn_building your brand for growth july 2013Mike Dovbish
 
Making Green Work For You!
Making Green Work For You!Making Green Work For You!
Making Green Work For You!nesmia
 
Green marketing
Green marketingGreen marketing
Green marketingklrcbm
 
PAU - The Role of Advertising.ppt.pptx
PAU - The Role of Advertising.ppt.pptxPAU - The Role of Advertising.ppt.pptx
PAU - The Role of Advertising.ppt.pptxDrTendaiMhizha1
 
Consumer behaviour1
Consumer behaviour1Consumer behaviour1
Consumer behaviour1Waqas Javed
 
What the customer wants you to know
What the customer wants you to knowWhat the customer wants you to know
What the customer wants you to knowMoch Kurniawan
 
Insight Fuelled Shopper Marketing - Engage Shopper Marketing
Insight Fuelled Shopper Marketing - Engage Shopper MarketingInsight Fuelled Shopper Marketing - Engage Shopper Marketing
Insight Fuelled Shopper Marketing - Engage Shopper MarketingMerlien Institute
 
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên VânYoung Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên VânNgọc Khánh Phạm
 
Enu consumer behaviour 260812
Enu consumer behaviour 260812Enu consumer behaviour 260812
Enu consumer behaviour 260812Stephen Ong
 

Semelhante a How to build and foster stronger consumer relationships through responsible and conscious retailing_ACCEO_BESTSELLER (20)

consumer behavior in tourism
consumer behavior in tourismconsumer behavior in tourism
consumer behavior in tourism
 
AdvoFest Presentations
AdvoFest PresentationsAdvoFest Presentations
AdvoFest Presentations
 
Storytelling for Organizational Engagement: Selling Sustainability Internally
Storytelling for Organizational Engagement: Selling Sustainability InternallyStorytelling for Organizational Engagement: Selling Sustainability Internally
Storytelling for Organizational Engagement: Selling Sustainability Internally
 
Unit 1 Defining Marketing And The Marketing Process To Post
Unit 1 Defining Marketing And The Marketing Process To PostUnit 1 Defining Marketing And The Marketing Process To Post
Unit 1 Defining Marketing And The Marketing Process To Post
 
Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8
Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8
Unit 1defining-marketing-and-the-marketing-processto-post-1225713105638611-8
 
Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...
Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...
Designing Sustainable Retail Environments: Bridging The Gap Of Sustainability...
 
chapter 1-Introduction to Consumer Behavior.pptx
chapter 1-Introduction to Consumer Behavior.pptxchapter 1-Introduction to Consumer Behavior.pptx
chapter 1-Introduction to Consumer Behavior.pptx
 
chapter 1-Introduction to Consumer Behavior.pptx
chapter 1-Introduction to Consumer Behavior.pptxchapter 1-Introduction to Consumer Behavior.pptx
chapter 1-Introduction to Consumer Behavior.pptx
 
5 Effective Marketing Strategies for Green Businesses
5 Effective Marketing Strategies for Green Businesses5 Effective Marketing Strategies for Green Businesses
5 Effective Marketing Strategies for Green Businesses
 
Customer Success 360
Customer Success 360Customer Success 360
Customer Success 360
 
Sustainable Marketing_ Building Brands with Purpose in 2023.pdf
Sustainable Marketing_ Building Brands with Purpose in 2023.pdfSustainable Marketing_ Building Brands with Purpose in 2023.pdf
Sustainable Marketing_ Building Brands with Purpose in 2023.pdf
 
Christie communications ncn_building your brand for growth july 2013
Christie communications ncn_building your brand for growth july 2013Christie communications ncn_building your brand for growth july 2013
Christie communications ncn_building your brand for growth july 2013
 
Making Green Work For You!
Making Green Work For You!Making Green Work For You!
Making Green Work For You!
 
Green marketing
Green marketingGreen marketing
Green marketing
 
PAU - The Role of Advertising.ppt.pptx
PAU - The Role of Advertising.ppt.pptxPAU - The Role of Advertising.ppt.pptx
PAU - The Role of Advertising.ppt.pptx
 
Consumer behaviour1
Consumer behaviour1Consumer behaviour1
Consumer behaviour1
 
What the customer wants you to know
What the customer wants you to knowWhat the customer wants you to know
What the customer wants you to know
 
Insight Fuelled Shopper Marketing - Engage Shopper Marketing
Insight Fuelled Shopper Marketing - Engage Shopper MarketingInsight Fuelled Shopper Marketing - Engage Shopper Marketing
Insight Fuelled Shopper Marketing - Engage Shopper Marketing
 
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên VânYoung Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
Young Marketers Elite 3 - Assignment Zero.1 - Ngọc Khánh + Nhật Minh + Thiên Vân
 
Enu consumer behaviour 260812
Enu consumer behaviour 260812Enu consumer behaviour 260812
Enu consumer behaviour 260812
 

Mais de National Retail Federation

Conversational digital humans: The future of retail?
Conversational digital humans: The future of retail?Conversational digital humans: The future of retail?
Conversational digital humans: The future of retail?National Retail Federation
 
Drive enhanced customer experiences with the power of data
Drive enhanced customer experiences with the power of dataDrive enhanced customer experiences with the power of data
Drive enhanced customer experiences with the power of dataNational Retail Federation
 
Driving optimal decision-making in fresh grocery
Driving optimal decision-making in fresh groceryDriving optimal decision-making in fresh grocery
Driving optimal decision-making in fresh groceryNational Retail Federation
 
Five Guys and Flybuy - Challenges, innovations, and what's next
Five Guys and Flybuy - Challenges, innovations, and what's nextFive Guys and Flybuy - Challenges, innovations, and what's next
Five Guys and Flybuy - Challenges, innovations, and what's nextNational Retail Federation
 
Thermal intelligence - Advancing food safety and profitability for retailers
Thermal intelligence - Advancing food safety and profitability for retailersThermal intelligence - Advancing food safety and profitability for retailers
Thermal intelligence - Advancing food safety and profitability for retailersNational Retail Federation
 
Unlocking the power of in-session marketing to convert the anonymous
Unlocking the power of in-session marketing to convert the anonymousUnlocking the power of in-session marketing to convert the anonymous
Unlocking the power of in-session marketing to convert the anonymousNational Retail Federation
 
Navigating uncertainty: The art and science of learning and doing 10x in a te...
Navigating uncertainty: The art and science of learning and doing 10x in a te...Navigating uncertainty: The art and science of learning and doing 10x in a te...
Navigating uncertainty: The art and science of learning and doing 10x in a te...National Retail Federation
 
Building deeper empathy for your customers in uncertain times and beyond
Building deeper empathy for your customers in uncertain times and beyondBuilding deeper empathy for your customers in uncertain times and beyond
Building deeper empathy for your customers in uncertain times and beyondNational Retail Federation
 
The state of commerce: Key trends and future predictions
The state of commerce: Key trends and future predictionsThe state of commerce: Key trends and future predictions
The state of commerce: Key trends and future predictionsNational Retail Federation
 
Redefining intelligence: Exploring the latest advances in next-generation AI ...
Redefining intelligence: Exploring the latest advances in next-generation AI ...Redefining intelligence: Exploring the latest advances in next-generation AI ...
Redefining intelligence: Exploring the latest advances in next-generation AI ...National Retail Federation
 
Top global consumer trends for retailers in 2023
Top global consumer trends for retailers in 2023Top global consumer trends for retailers in 2023
Top global consumer trends for retailers in 2023National Retail Federation
 
Data-driven site selection: How understanding consumer movement drives Little...
Data-driven site selection: How understanding consumer movement drives Little...Data-driven site selection: How understanding consumer movement drives Little...
Data-driven site selection: How understanding consumer movement drives Little...National Retail Federation
 
Demystifying data: Profitability, people and the power of analytics
Demystifying data: Profitability, people and the power of analyticsDemystifying data: Profitability, people and the power of analytics
Demystifying data: Profitability, people and the power of analyticsNational Retail Federation
 
Five reasons automation will save your restaurant
Five reasons automation will save your restaurantFive reasons automation will save your restaurant
Five reasons automation will save your restaurantNational Retail Federation
 
Retail Media Networks: How the physical store will power their next phase of ...
Retail Media Networks: How the physical store will power their next phase of ...Retail Media Networks: How the physical store will power their next phase of ...
Retail Media Networks: How the physical store will power their next phase of ...National Retail Federation
 
Working together to combat organized retail crime
Working together to combat organized retail crimeWorking together to combat organized retail crime
Working together to combat organized retail crimeNational Retail Federation
 
Voice in retail: It speaks, it listens, it’s impacting our real world businesses
Voice in retail: It speaks, it listens, it’s impacting our real world businessesVoice in retail: It speaks, it listens, it’s impacting our real world businesses
Voice in retail: It speaks, it listens, it’s impacting our real world businessesNational Retail Federation
 
A look ahead to 2023: Impasse or opportunity for a new path
A look ahead to 2023: Impasse or opportunity for a new pathA look ahead to 2023: Impasse or opportunity for a new path
A look ahead to 2023: Impasse or opportunity for a new pathNational Retail Federation
 

Mais de National Retail Federation (20)

Conversational digital humans: The future of retail?
Conversational digital humans: The future of retail?Conversational digital humans: The future of retail?
Conversational digital humans: The future of retail?
 
Drive enhanced customer experiences with the power of data
Drive enhanced customer experiences with the power of dataDrive enhanced customer experiences with the power of data
Drive enhanced customer experiences with the power of data
 
Driving optimal decision-making in fresh grocery
Driving optimal decision-making in fresh groceryDriving optimal decision-making in fresh grocery
Driving optimal decision-making in fresh grocery
 
Five Guys and Flybuy - Challenges, innovations, and what's next
Five Guys and Flybuy - Challenges, innovations, and what's nextFive Guys and Flybuy - Challenges, innovations, and what's next
Five Guys and Flybuy - Challenges, innovations, and what's next
 
Thermal intelligence - Advancing food safety and profitability for retailers
Thermal intelligence - Advancing food safety and profitability for retailersThermal intelligence - Advancing food safety and profitability for retailers
Thermal intelligence - Advancing food safety and profitability for retailers
 
NRF 2023 Back-to-Class Consumer Trends
NRF 2023 Back-to-Class Consumer TrendsNRF 2023 Back-to-Class Consumer Trends
NRF 2023 Back-to-Class Consumer Trends
 
Unlocking the power of in-session marketing to convert the anonymous
Unlocking the power of in-session marketing to convert the anonymousUnlocking the power of in-session marketing to convert the anonymous
Unlocking the power of in-session marketing to convert the anonymous
 
Navigating uncertainty: The art and science of learning and doing 10x in a te...
Navigating uncertainty: The art and science of learning and doing 10x in a te...Navigating uncertainty: The art and science of learning and doing 10x in a te...
Navigating uncertainty: The art and science of learning and doing 10x in a te...
 
Building deeper empathy for your customers in uncertain times and beyond
Building deeper empathy for your customers in uncertain times and beyondBuilding deeper empathy for your customers in uncertain times and beyond
Building deeper empathy for your customers in uncertain times and beyond
 
The state of commerce: Key trends and future predictions
The state of commerce: Key trends and future predictionsThe state of commerce: Key trends and future predictions
The state of commerce: Key trends and future predictions
 
Redefining intelligence: Exploring the latest advances in next-generation AI ...
Redefining intelligence: Exploring the latest advances in next-generation AI ...Redefining intelligence: Exploring the latest advances in next-generation AI ...
Redefining intelligence: Exploring the latest advances in next-generation AI ...
 
Top global consumer trends for retailers in 2023
Top global consumer trends for retailers in 2023Top global consumer trends for retailers in 2023
Top global consumer trends for retailers in 2023
 
Data-driven site selection: How understanding consumer movement drives Little...
Data-driven site selection: How understanding consumer movement drives Little...Data-driven site selection: How understanding consumer movement drives Little...
Data-driven site selection: How understanding consumer movement drives Little...
 
Can resale increase foot traffic in stores?
Can resale increase foot traffic in stores?Can resale increase foot traffic in stores?
Can resale increase foot traffic in stores?
 
Demystifying data: Profitability, people and the power of analytics
Demystifying data: Profitability, people and the power of analyticsDemystifying data: Profitability, people and the power of analytics
Demystifying data: Profitability, people and the power of analytics
 
Five reasons automation will save your restaurant
Five reasons automation will save your restaurantFive reasons automation will save your restaurant
Five reasons automation will save your restaurant
 
Retail Media Networks: How the physical store will power their next phase of ...
Retail Media Networks: How the physical store will power their next phase of ...Retail Media Networks: How the physical store will power their next phase of ...
Retail Media Networks: How the physical store will power their next phase of ...
 
Working together to combat organized retail crime
Working together to combat organized retail crimeWorking together to combat organized retail crime
Working together to combat organized retail crime
 
Voice in retail: It speaks, it listens, it’s impacting our real world businesses
Voice in retail: It speaks, it listens, it’s impacting our real world businessesVoice in retail: It speaks, it listens, it’s impacting our real world businesses
Voice in retail: It speaks, it listens, it’s impacting our real world businesses
 
A look ahead to 2023: Impasse or opportunity for a new path
A look ahead to 2023: Impasse or opportunity for a new pathA look ahead to 2023: Impasse or opportunity for a new path
A look ahead to 2023: Impasse or opportunity for a new path
 

How to build and foster stronger consumer relationships through responsible and conscious retailing_ACCEO_BESTSELLER

  • 1.
  • 2. “How to build and foster stronger consumer relationships through responsible and conscious retailing.”
  • 3. Moderator: Melanie Frank Senior Marketing Advisor ACCEO Retail-1 “How to build and foster stronger consumer relationships through responsible and conscious retailing.” Guest Speaker: Stephanie Bleau Head of Marketing and eCommerce BESTSELLER, North America Panelist: Michael Wexler Director Global Sales ACCEO Retail-1 Panelist: Ian Holland VP, Development ACCEO Retail-1
  • 4.
  • 5. In this session we will discuss: • What is responsible and conscious retailing? • The rise of conscious consumerism. • Why retailers should care and how does it make good business sense? • How BESTSELLER is driving success with its “Fashion Forward Strategy.” • How can technology play a role supporting retailers in their initiatives?
  • 6. What is Responsible and Conscious Retailing? A Purpose-Driven Brand
  • 7. Sustainability and profitability are not mutually exclusive
  • 8. Movements and Trends “Change is coming whether you like it or not.” - Greta Thunburg
  • 9. The Rise of Conscious Retailing Consumers are asking… Where was this product made? Are the materials used safe for people and the environment? Do the people who make this product work in fair and safe conditions? Which communities will benefit from this sale?
  • 11. How are generations influencing the way we do business?
  • 12. New generations of consumers mean new shopping habits
  • 13. How are generations influencing the way we do business?
  • 14. Consumers EXPECT COMPANIES TO CARE ABOUT THE ENVIRONMENT In a recent study Why should retailers care and how does it make good business sense? would switch brands with similar offering for a good cause are willing to pay more for sustainable goods and services
  • 15.  Understand Your Market  Customer Centric  Be Authentic – …walk the walk  Be Transparent  Commit  Listen, Lead and Deliver How can you build and foster stronger relationships with consumers?
  • 16. Rethinking sustainable practices Introduce Experiment Re-think & Reduce Revamp Connect
  • 17. A prerequisite for ongoing business success Going green is smart!
  • 18.
  • 19. Bringing Fashion FWD until we are climate positive, fair for all and circular by design
  • 20.
  • 22. OUR VISION: We will increase the use of more sustainable materials year-on-year until all our products are circular by design. Working towards 100% more sustainable cotton Turning waste into polyester Innovating for alternative fibres and fabrics
  • 23. We will continuously improve the environmental footprint of our products, operations and supply chain until they are in line with the needs of our planet. Taking action on climate change Renewable energy and energy reduction goals Water stewardship Incentivising sustainable supply chain development
  • 24. We will promote dignity, equality and safe working conditions for all people across our value chain until fair incomes and respect for human rights are the norm. Empowering women’s livelihoods Supporting industry-wide negotiated wages
  • 25. We will engage consumers and partner across the industry to develop solutions until circularity and transparency is a mindset and consumers are empowered to act sustainably. Partnering across the industry to deliver on consumer demands Reducing waste from plastics and packaging Engaging transparently for accountability
  • 26. L E A R N I N G S O N T H I S J O U R N E Y
  • 27. 1. Sustainability is at the core of your business ECOLOGICALLY RESPONSIBLE = BUSINESS RESPONSIBLE
  • 28. 2. You will be overwhelmed.
  • 31. 4. Involve every area of your organization Employee-driven initiative = 25 tons of recycled label-paper VERO MODA International Women’s Day = 4000 women with access to income and business development opportunities
  • 33. How can technology play a role supporting retailers in their initiatives?
  • 34. Point of Sale Digital Receipts Product Trade-Ins Donate Gift Card Balances & Loyalty Points Commitment Loyalty Brand Advocates Engage Employees Feel Good Initiatives Minimize Waste
  • 35. Intelligent Price and Promotions Management Overstock Standing Inventory Product Returns Reduce
  • 36. Real-time inventory visibility and flexible fulfillment Order Management Increase Efficiency Boost Profit Margins Improve Customer Satisfaction Reduce Costs
  • 37. Optimize merchandise planning and purchasing Business Intelligence Product Demand Consumer Buying Habits Consumer Trends Gain Insight
  • 38. Get closer to customers and understand their views and values Customer Relationship Management Engage & Personalize Promote Initiatives Encourage Involvement Win Trust
  • 39. “Great things are done by a series of small things brought together.” - Vincent Van Gogh
  • 40.  Socially and environmentally responsible to people and the planet  Win over conscious consumers and top talent  Better brand recognition and reputation  Cost efficiency and savings – reduction of waste and energy  BUSINESS GROWTH - increase sales and customer loyalty Sustainability Business Benefits
  • 41.  Commitment = Opportunity  Sustainability and profitability are not mutually exclusive  Authenticity and transparency are key to brand loyalty Actionable Takeaways from this session:
  • 42. THANK YOU! Let’s continue the conversation Visit us at our booth 5565

Notas do Editor

  1. this is our ultimate ambition, our North Star. It guides our strategy, our goals and the action we take to become as sustainable as possible, as soon as possible.
  2. Taking action on climate change: we will set greenhouse gas reduction goals within two years that will reduce our emissions in line with the best available science. Renewable energy and energy reduction goals: By 2021 our owned and operated buildings globally will be powered by 100% renewable energy. Water stewardship: Clothing production uses significant quantities of water – from growing cotton, to processing materials and production. By increasing the use of more sustainable and innovative materials, production technologies and chemicals, we can significantly reduce BESTSELLER’s impact on water resources. By 2021, we will set a target to safeguard water resources.
  3. Empowering women’s livelihoods: fact – approx. 80% of workers in our supply chain are women. We have set a goal that by 2025, will support 100 000 women in Tier 1 factories to achieve workplace empowerment and improved life-skills.
  4. Partnering across the industry: Partnering with different companies (competitors, suppliers, etc.) to deliver on consumer demands. Reducing waste from plastics and packaging: We want all BESTSELLER consumer packaging to be reusable, recyclable or compostable by 2025. Engaging transparently: We have a responsibility to be more transparent with other stakeholders. Since 2017 we have published our list of suppliers to show where our products come from and who makes them. We will continue updating this list and expanding it and by 2021 we will publish a list of our key materials (tier 2) suppliers.
  5. Not a stand-alone department
  6. “Green Alliance has shown that while people’s attitudes are overwhelmingly supportive of resource efficiency, 45% of people actively distrust big businesses, according to a large survey, with workshop interviews finding that many people believe green goods are always more expensive” – The guardian
  7. https://mybestseller.sharepoint.com/teams/MyBESTSELLERGlobalNews/SitePages/BESTSELLER-FOUNDATION-ENTERS-NEW-CHAP.aspx VM team partners with Caio products for third consecutive year to support women in Uganda and aim to increase their income, educate them in business, sales, marketing and economic relations and increase their business opportunities even in “off-seasons”. In the past two years this partnership has impacted 4000 women. Bestseller warehouse employee wins the RafCycle® Award at Labelexpo Europe 2019