Interactive Retail Stores incorporate installations to breathe new life into the shopping experience
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Interactive Retail Stores incorporate installations to breathe new life into the shopping experience Tracked since: June 2018
About this report HTA works with Foresight Factory, a leading UK trends agency, to identify and anticipate trends that could affect the garden market. Consumer attitudes to plastics are essential for people working in garden businesses to understand, especially with regard to pots, containers and packaging. We’ll be covering this trend and its specific implications for gardening in more depth at our Cultivating Retail Conference. If you find this report useful, then do take a look at the agenda for Cultivating Retail; it’ll be a great chance to hear more about how the trend is likely to affect our market and how garden businesses are responding to it: www.hta.org.uk/cultivatingretail 2
Interactive Retail Retail stores are incorporating interactive I N N O V AT I O N installations, borrowing from the trend of pop-up museums designed around kitsch themes and Instagram-worthy attractions. To enhance the offline shopping experience, brands are transforming retail spaces into experiential spaces. This can be within existing stores or in time-limited pop-up spaces. In many countries, we note a significant increase from 2013 to 2017 of consumers who say they go shopping for fun. Despite this, many established retailers have ▲ When opening its LA “showroom” store in May 2018, Glossier, which began as an online blog, announced store closures due to struggling included a huge replica of Arizona’s Antelope sales. Canyon for customers to walk through. In a By borrowing from out-of-home experiential Facebook post about the Canyon, Glossier leisure trends, stores are creating fresh explained: “we wanted to take the theme of Glossier incentive to visit and interact with brands LA (like driving through the desert with the top down) and make it even more immersive”. IRL – even if sales are growing online. Experience Seekers 3
Value placed on going shopping for fun The value placed on going shopping for fun has risen significantly from 2015 to 2017 – especially among Millennials and the 75+, both of whom are less likely to have dependant children and may have more time for this leisure pursuit. This suggests that shopping remains a popular leisure activity that can borrow from other leisure trends to increase appeal. "How valuable are each of the following to you in terms of your overall entertainment? Where 1 is not at all valuable and 10 is extremely valuable" | Shopping for fun | % selecting very valuable (8-10) Leisure,Retail 2015 2017 100% 80% 60% 40% 20% 0% boomers 75+ AB Male Female C1 C2 DE 35-44 Millennials Total 16-24 25-34 45-54 55-64 65-74 Generation Baby X Source: Foresight Factory │ Base: 4305 online respondents aged 16+ , GB, 2017 August 4
Insta-worthy stores ◄ In late 2017, Shiseido opened an immersive light exhibition in its Ginza building based on neuroscience. Named Neuro-Surge, the experience led customers through 3 sensory rooms to explore the world of the product: light through illuminated strands, touch through an interactive wall and finally a quiet room containing product samples to interact with directly. ◄ Nike ran a number of Sneakeasy pop-ups in November 2017 with Footlocker. Each visitor (to the often secret locations) was taken through the experience by a member of staff. Visitors saw an Airmax genealogy display and gained access to trials, the NIKEiD trainer builder, music experiences and interactive art installations. ◄ Virgil Abloh has turned the Off-White flagship store into a literal gallery called EM PTY. Opening in 2017, the store showcases art installations alongside a corresponding collection. The initial exhibition included trees and bird song. In March 2018, the gallery exhibited a series of portraits by Lucien Smith. One portrait was chosen for an off-white t-shirt sold at the store / gallery. 5
How to act What will happen next? Incorporate highly photographable and Retail spaces will push visual and experiential interactive installations into stores and other design boundaries in order to build viral physical spaces. This differentiates the retail success. This is particularly key for brands experience as fun and immersive in that don’t have a frequent physical presence comparison to convenience-driven digital in people’s lives such as automotive brands. retail. Physical retail spaces will continue to evolve Consider a pop-up or store-within-store if you to remain relevant in a digital age. From do not have a physical space. The limited coffee shops to co-working spaces, we have time on such installations can increase hype, seen many iterations of retail trying to remain and face-to-face interactions offer immense relevant as a leisure pursuit in its own right. learning opportunities for online brands. We expect more brands to bring what they have learnt from experiential pop-ups into Ensure installations say something about their stores to ensure maximum customer your brand or your product and remember engagement and satisfaction. that consumers are coming to be delighted. This gives the installation more longevity and purpose. 6
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