9. Technology for SME
3C’s of Modern Retail
Constant Overhauling of Business Model for
Growth and Success of Retail
1. Competition,
2. Challenge
3. Change
14. Key Features of Modern SMEs
Technology -
powered
Creative and
innovative
Opportunity -
driven
Empowered
people
Extended
enterprise
Engaged
customers
16. Technology Trends: Market Shifts
Heavyweight Lightweight
Acquisition Subscription
From To
Individual work Collaboration
Data silos Data anywhere
Fixed office Flexible office
Desktop-fixed device Bring your own device
Customer service Customer engagement
17. Top 10 SME- relevant
Technology Trends
Mobile Devices
Bring Your Own
Device
Infrastructure as
a Service
Software as a
Service
Mobile Apps M-Commerce
Augmented
Reality
Internet of Things
Online
Consumerization
Crowdfunding
Portals
18. Technology Leaders: Business Benefits
Early Adopters of Each New Wave of Technology
Growth Grow well above the rate of GDP growth
Revenue Outpace other SMEs in revenue growth
Workforce Employ more people, especially skilled ones
Management
Manage their employees with less effort and
more effectively
Customers
Are more likely to have geographically
disperse customers
19. Benefits of e-Business
Organization Production Customer
• More flexible
infrastructure
• Enhanced
business
intelligence
and
information
management
• Better and
faster
decisions
• Higher
efficiency
• Leaner value
chain
• Higher
employee
engagement
• Reduced costs
• More effective
and efficient
marketing
programs
• Streamlined
order
fulfillment
• Improved
customer
service
20. Modern Technology-powered Value Chain
Market Learning
Supply Chain
Production ProcessesMarketing and Selling
Customer Service
Market Intelligence
Business Intelligence
Test Marketing
Automation
Suggestion Systems
Virtual Teams
Online Search e-
Procurement Co-
innovation
Technology-powered
Marketing Customer
Engagement e-
Commerce
Staying in Touch
Getting Feedback
Outsourcing
21. Value Drivers
Entities that increase the value of a product or serviceby improving the
perceptionof the item and essentially providing a competitive
advantage.
Value drivers can come in many forms such as cutting-edge Technology,
Brand Recognition,or SatisfiedCustomers.
28. Big Data for SMEs
Focused and Lean Data Analysis
Uncover new insights by
combining internal and
external data
Devise and fine-tune
effective marketing
strategies
Do deeper analysis of
online sales and trends
Understand market and
technology trends and
patterns
Key
Benefits
33. TECHNOVATE THE WORLD
InnovateTechnovate = Technology +
§ Commerce tech: Amazon, Alibaba, Rakuten
§ Media tech: newspapers acquired by IT companies
§ Fintech: will banks disappear?
§ Autotech: Tesla and Google, threatening even Toyota?
§ Ed-tech: education is becoming tech oriented
So leaders have to change..
48. What is Modern Trade?
Modern Trade is any form of trade that efficiently
uses technology to manage and operate store
infrastructures in order to serve CUSTOMERS NEEDS
for a variety of products and services.