Digital Darwinism: Winning with the best of digital and physical
December 19, 2013 | By Ketner Group
Initial November sales results were better than many feared, and digital commerce led the way, outpacing sales growth in stores by almost 8x in recent weeks. The digital tide is forcing retailers to make difficult strategic choices. Some are opting for business as usual, while others are betting big on digital innovations. Bain believes that successful retailers will pursue an omnichannel model, combining the best of digital technologies and physical stores to create entirely new ways of making customers happy. In this issue we review recent holiday sales and highlight innovations from Amazon and other digital pure plays. We also explore two ways winning retailers are creating the best of both digital and physical worlds: flexible fulfillment and the store as an omnichannel stage.