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Filtered by tag: Retail

DISRUPTION DÉJÀ VU

Published on: 24 May 2018

We've seen it all before, but this time it's different

Dateline: 6 June 2020

It's just like 20, or maybe 200 years ago, but it's completely different! Disruption has always plagued established markets and societies, throughout the ages. The first waterwheel or windmill for grinding wheat into flour was disruptive technology at work; nascent and naïve, but a foretaste of things to come, in a tumultuous tsunami of ever accelerating change. Steam power and traction engines, threshing machines and cotton gins; it seemed as though there was no end to our ability to employ ...

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FEMTECH: IS IT A BUBBLE?

Published on: 19 April 2018

The market for non-male tech gadgets and apps is exploding

Dateline: 1 May 2023

It's official. If you want to be the next tech giant, make sure you're aiming at the Femtech market. And it's even better if your company is run by women too! For years, actually decades, the personal computing and IT sectors were dominated by products and services created by men for men. About the only application where women were heavily involved was word processing, and later, desktop publishing. That's all changed, but the big names in tech startups are still heavily biased to the male gender, ...

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WHERE HAVE ALL THE DEALERS GONE?

Published on: 5 April 2018

Who killed the retail auto showroom?

Dateline: 7 April 2022

Buying a new car is often the second most important financial decision we make, after buying or building a home. It's a rite of passage for many middle class adults; it shows you have arrived, you've achieved a life-stage milestone. It's not a decision taken lightly, or driven by impulse. You've had a feeling for some time, that you might be getting close, so you've been checking out your options. Which models make for a sweet ride, and fit with your self-image? If you're at all interested in cars ...

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CONTROLLING THE DIGITAL ECONOMY

Published on: 1 February 2018

Government tries to follow the money

Dateline: 1 February 2021

Now that the bulk of the so-called 'capitalist political economy' operates on digital platforms and through digital channels, it's inevitable that government wants more influence and control. But will it work? In the aftermath of the dotcom boom, everybody wanted more access and better networks, and it wasn't long before broadband came to be regarded as a basic human right. Wireless networks and smartphones connected everyone else, and suddenly the whole world was on the 'net! Sure, some ...

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MAGIC MIRRORS MAKE MARKETING FUN

Published on: 25 January 2018 4 Comments

Augmented reality selling seals the deal

Dateline: 26 January 2023

How do you let someone test a product or article of clothing without using samples? A virtual reality demo, that's how. And to highlight your product on a cluttered shelf, you would use augmented reality to add visual cues, and data. This is the new world of Digital Reality, a blend of VR, AR and well, just normal 'reality'. And whether it's through a smartphone, digital glasses or an in-store display, digital reality is becoming big business. A customer walks past your magic mirror, and suddenly ...

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EARLY START TO THE NEW YEAR

Published on: 28 December 2017

Ringing in the changes ahead of schedule

Dateline: 29 December 2020

There's something significant about 1/1/21. Maybe it's just the symmetry of the numbers that has got everyone excited; remember Y2K, and all that fuss over nothing? Well, now that this millennium is turning 21, there's another hullabaloo. Like we're all suddenly adults. Whatever the reasons, all over north America people are planning a double New Year's party, and both 31 December and 1 January are public holidays. They'll be saying a nostalgic farewell to 2020, a year that promised and brought so ...

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INSTANT OBJECTS

Published on: 21 December 2017 1 Comment

Printing holograms - in seconds

Dateline: 16 December 2020

Let's say you need a couple of shiny, glittery baubles for your festival tree, or maybe something to fix the garden hose. Now, if you can imagine it, it's there in seconds! Back in 2017, scientists at MIT demonstrated that it was possible to print things in 3D resin, using lasers and a holographic image. Starting with a beaker full of photosensitive liquid polymer, they exposed the resin to a set of three intersecting lasers, which caused the liquid to harden, but only at the point of maximum ...

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FAREWELL BANKS, HELLO BANKING

Published on: 15 June 2017 1 Comment

New players dominate financial services

Dateline: 26 August 2022

It was Microsoft founder Bill Gates who famously said in 1994 that we need banking, but we don't need banks. It's taken nearly 30 years, but he was dead right. Worldwide, financial services have moved out of the hands of traditional banks and into an array of mobile, FinTech and data companies. Some forward-thinking banks grasped the new world of collaboration and entered into early partnerships and have survived, albeit in a different form. Others have failed or, at best, become simply the ...

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NOW LIFE REALLY IS A DRESS REHEARSAL

Published on: 27 October 2016

VR lets you truly try, before you buy

Dateline: 26 February 2020

Remember when it used to be good enough, if you offered a high quality product or excellent service? It's become much harder to get to the finish line with the same old tactics. You see, to buy or not to buy, that has always been the question. Except now, it's so much easier to answer. Shopping around has been redefined; the pre-buying experience has turned into a deal-breaker. In this lower growth world, trial by virtual reality has become the norm for the middle class. A score from Booking.com ...

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LET YOUR SHIRT FIX ITSELF

Published on: 29 September 2016

Self-repairing clothing works like magic

Dateline: 26 November 2019

With Millennials lacking basic needlework skills and only thinking of Twitter when you say 'thread' - someone had to come up with a sewing solution that is so easy, even the laziest among us would have no excuse. Researchers at D-IT in Paris have created a detergent that can infiltrate torn or damaged clothing fibers and enable them to re-attach. Just use cold water, a spoonful of Mendy (provisional name) and 25 minutes later your sweater will really be as good as new! Mendy was developed from an ...

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YOUR CHRISTMAS PARCELS WILL HUNT YOU DOWN

Published on: 24 December 2015 1 Comment

Fluid deliveries are winning the hearts of ecommerce consumers

Dateline: 18 December 2016

How many times have you waited for the FedEx guy to come - to your home or to your office? Do you recall that irritable chore of booking a delivery slot, only to be bound by that fixed block of time in your Google calendar? This Christmas, rejoice, because your e-shopping order will find you, wherever you are! After a roaring success of using digital keys to deliver parcels to individual Volvo passenger cars in Sweden, H&M has announced a roll-out of the initiative to all EU countries where it has ...

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PLASTIC UNFANTASTIC

Published on: 22 October 2015 3 Comments

EU to ban plastic packaging for groceries - unless you can eat it

Dateline: 29 January 2018

It started slowly. First we stopped giving away plastic bags for free. Then water bottles died a quick death. Now, in a revolutionary move, European grocery stores are ready to call it quits - completely. After marathon meetings behind closed doors that apparently started back in 2017, we have learned that consumers will have two options starting from 1 July. Shoppers will be able to bring their own Tupperware-like containers or they could choose to pay more for products with edible protective ...

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SUGAR, DRONES AND GUNS

Published on: 8 October 2015 4 Comments

Industries transformed by sudden regulation

Dateline: 12 December 2020

This is going to be a strangely different Christmas. No matter how good the sugar substitutes, Christmas treats just don't taste the same. And the kids don't like it. I cannot buy junior a drone. Will he be satisfied with a virtual drone game instead? The gun store at the mall has shut. In its place is a pop-up store selling smart digital Christmas decorations. They should help light up what is becoming a rather different season. These three industries, sugar, drones and guns have all been ...

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THINGS HOLD HUMANS TO RANSOM

Published on: 13 August 2015 6 Comments

A rash of incidents floods the world's networks

Dateline: 11 June 2019

I still remember at the turn of the millennium when the 'Internet of Things' seemed to be such a benevolent business opportunity. There were going to be 1000 times more 'things' connected to the internet than humans, and that was going to be great for business. Well, the 'Internet of Things' is truly here. Almost every physical object has some sort of digital content embedded in it. Some are passive pea-brained objects (such as a can of Coke or a bottle of ketchup), others (such as watches and home ...

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DASH BUTTONS GATHERING DUST

Published on: 7 May 2015

Shopping not so easy to revolutionize after all

Dateline: 7 December 2017

Amazon earnestly tried, but for the most part, they successfully failed. Their Dash Buttons were launched in early 2015 as the e-commerce giant tried to create a future where we buy specific grocery items by pressing physical, branded buttons stuck to surfaces in our homes. The efficiency built into the Dash Buttons has not been all that it's cracked up to be. People have deployed the odd button in their homes, but in general, Amazon has underestimated the ritual that is weekly or bi-weekly ...

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ONE CARD TO RULE THEM ALL

Published on: 23 April 2015 1 Comment

From loyalty cards to real rewards in real-time

Dateline: 9 September 2018

We have all been there. Pondering the squandered minutes of our lives that we'll never get back. Dear person in front of me, please find the right loyalty card and pay already! It's a system that's been desperate for a redesign. The run-up to this moment was the coalition loyalty program launched by XEMA in 2015. One loyalty card served many stores and the points could be redeemed at all of the coalition stores as well. Problem was, consumers still needed a loyalty card as well as a payment ...

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BLOCKCHAIN BUSINESSES THAT RUN THEMSELVES GO VIRAL

Published on: 19 March 2015 9 Comments

The rise of the distributed autonomous company has disrupted markets and nations

Dateline: 17 February 2027

CarCoin has ubered Uber. AppCoin has upstaged Apple. And Africoin has made African countries irrelevant; fiscally and economically at least. Based on the cryptography that underpins BitCoin, the blockchain technology makes it possible for the value of these blockbuster businesses to be widely distributed over the internet. Unlike a listing on a stock exchange, there is no central registry, and the ledger of who owns what portion of the stock is self-contained in the blockchain itself. What's more, ...

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WHAT BILL GATES WANTS FOR CHRISTMAS

Published on: 25 December 2014

The new lifestyles of the rich and famous leave luxury brands in the lurch

Dateline: 22 December 2021

The glitzy shopping mall might have been the Mecca of money in the nineties, but no more. The higher level need for amazing experiences is replacing the accumulation of bling and BMWs - for those with deep pockets at least. There's a huge disparity when it comes to what consumers want. Millionaires and billionaires in America and Asia are no longer interested in Louis Vuitton luggage and Jaguar convertibles. Instead, the wealthy are forking out thousands for experiences they deem valuable, ...

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THE MIDDLE CLASS IS DYING

Published on: 27 November 2014 2 Comments

There's a growing gap between the have-lots and have-very-littles

Dateline: 3 July 2024

In 2014 the richest one percent owned 48% of the world's wealth (US$ 127 trillion). It's ten years later and they just keep on getting richer while the middle class is shrinking at an alarming rate. Because affluence has been growing, you need a much higher living standard than before in order to be classified as 'middle class' today. Emerging economy populations, who made the middle class cut a few years ago, are falling behind again and businesses who cater for the average person on the street ...

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SMART CLOSETS KEEP YOU COOL

Published on: 25 September 2014 2 Comments

Thinking Cupboards™ organize your stuff, and your life

Dateline: 24 September 2024

You'll never have to look for anything again. Now that everything's connected in the internet of things, the wardrobe knows which clothes are your favourite, and automagically sorts your sock drawer. Looking for your keys, sunglasses, hat, beanie or whatever? Just ask, and the Thinking Cupboard™ will retrieve it for you. Each item or article of clothing has one of those nanochips embedded. The ones that draw power from your smart home network, wirelessly of course. They're basically standard for ...

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Filtered by tag: Retail