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OMNI-CHANNEL STRATEGY AND MANAGEMENT

Overview

Retail customers are omnichannel. They increasingly expect to interact with retailers in a seamless way, combining aspects of different channels at different stages of their purchase journey. They want to place an order online and pick it up an hour later on their way to work, or return at the store an order they had placed online. We have been studying for many years how traditional retailers can become omnichannel retailers. It is not an easy transition and requires a fundamental change in the retailer’s processes, systems and strategy. This transformation is not about small adjustments but a complete redesign of the retailer’s business model.

Benefits:

  1. Enhanced Customer Experience:

    • Customers enjoy a consistent and personalized journey, leading to increased satisfaction and loyalty.
  2. Increased Sales and Revenue:

    • Harness the power of Omni Channel retailing to maximize sales opportunities and drive revenue growth.
  3. Operational Efficiency:

    • Streamlined processes and integrated systems result in efficient inventory management and order fulfillment.
  4. Improved Customer Service:

    • Provide superior customer service across all channels, fostering trust and long-term relationships.
  5. Data-Driven Decision Making:

    • Gain insights from analytics tools to make informed decisions and tailor strategies based on customer behavior.
  6. Brand Cohesion:

    • Ensure a consistent brand image and messaging across both online and offline channels.
  7. Adaptability to Trends:

    • Stay ahead of industry trends and adapt quickly to changes in the retail landscape.
  8. Employee Empowerment:

    • Empower staff with the skills and confidence to navigate Omni Channel retail challenges and opportunities.

Modules

Module 1: Introduction to Omni Channel Retailing

  • Overview

    • Definition of Omni Channel in retail
    • Evolution of retail channels
  • Benefits of Omni Channel Retail

    • Enhanced customer experience
    • Increased sales and customer loyalty

Module 2: Customer-Centric Approach

  • Understanding Customer Behavior

    • Analyzing customer preferences
    • Identifying touchpoints in the customer journey
  • Personalization Strategies

    • Tailoring experiences based on customer data
    • Implementing personalized marketing campaigns

Module 3: Technologies in Omni Channel Retail

  • Point of Sale (POS) Systems

    • Integration of POS systems across channels
    • Ensuring real-time inventory updates
  • E-commerce Platforms

    • Managing online product listings
    • Seamless integration with in-store systems

Module 4: Inventory Management

  • Centralized Inventory Systems

    • Ensuring accurate and real-time inventory information
    • Managing stock across multiple channels
  • Order Fulfillment

    • Implementing efficient order fulfillment processes
    • Balancing online and in-store inventory

Module 5: Customer Service in Omni Channel Retail

  • Unified Customer Support

    • Providing consistent support across channels
    • Training on handling customer inquiries and issues
  • Digital Communication Skills

    • Utilizing email, chat, and social media for customer interaction
    • Ensuring a cohesive communication strategy

Module 6: Sales Techniques

  • Cross-Selling and Upselling Strategies

    • Maximizing sales opportunities across channels
    • Recommending complementary products
  • Promotions and Discounts

    • Coordinating promotions across channels
    • Ensuring consistent pricing and discounts

Module 7: Data Analytics and Reporting

  • Key Performance Indicators (KPIs)

    • Identifying relevant KPIs for Omni Channel success
    • Analyzing sales data and customer insights
  • Analytics Tools

    • Utilizing analytics tools to track performance
    • Making data-driven decisions

Module 8: Security and Compliance

  • Data Security

    • Ensuring secure handling of customer information
    • Compliance with data protection laws
  • Payment Security

    • Implementing secure payment processing
    • Training on fraud prevention

Module 9: Visual Merchandising

  • Consistent Branding

    • Maintaining a consistent brand image across channels
    • Incorporating branding elements in-store and online
  • Visual Display Techniques

    • Creating visually appealing displays for products
    • Highlighting featured items across channels

Fees

8000 Per Person

Duration

5 Day(s)

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