Go online or go out of business
"Companies don't fail because they do the wrong things; they fail because they continue to do what used to be the right things for too long.” – CapGemini
The "future customer" was the main focus of this year's ECR Europe Forum, but the message was that the future is now. Many presentations, including those from Nokia, Colgate-Palmolive, Philips and Kingfisher showed how using Web 2.0 invigorated, or in the case of Lego, saved their business.
CapGemini research indicates that stores will remain important – but the online channel will grow considerably alongside:
> For non-perishable food: 60 % will only buy in stores
> For Health & personal care: 40% will only buy in stores
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Cadbury taps internet to find new market. |
Both suppliers and retailers need to find ways of using the technology to connect better with each other as well their customers – present and future.



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