Retail Asia 2018 RA September.October 2018 (Online) | Page 44

E-COMMERCE Ride-to-Store: Driving customers in with technology With technology transforming the retail sector, traditional out-of-home (OOH) advertising is moving towards the digital out-of-home medium using screens and tablets. Mark Forsyth, CEO at media technology company IDOOH, explains how these screens are not only versatile as a digital touchpoint, but also scalable and targeted for a specific demographic based on its location. W hile OOH advertising is commonly seen at lift lobbies, in-store displays or large, digital billboards, what is less known is digital OOH’s ‘ride-to-store’ strategies which target consumers who ride in taxis or ride- sharing vehicles. Such in-vehicle screens provide a more dynamic and interactive engagement previously not possible in traditional OOH channels and allow retailers to target consumers based on their profile, location, time of day and other factors. With an addressable market of 278 million people in South- east Asia, this digital platform provides retailers with an opportunity to offer a mass customised brand experience and drive customers to retail using this unique media environment. Unlike the mass advertising nature of OOH advertising, in-vehicle engagement is intimate — a one-on- one relationship for a minimum of 20 IDOOH is currently piloting a demonstration by fully integrating in-vehicle screens into the full m-commerce experience with an online florist. 42 Retail Asia September/October 2018 minutes in a captive environment. In congestion-heavy cities such as Jakarta, Bangkok or Manila, the duration is even longer. So, what is the future of in-vehicle brand engagement? E-commerce and mobile payment integration The battle over the second screen is influencing the way millennials and other generations use their mobile devices to consume media, work and shop. As in-vehicle tablets and screens are beginning to scale en-masse in South-east Asia, e-commerce players are in unique position to take advantage of this digital platform to provide consumers with a seamless, multi-platform digital shopping experience from tablet-to-mobile, connecting one platform to another. Our experience working with e-commerce players such as Lazada, Food Panda and Deliveroo has predominantly been to grow their consumer base to support their market entry and growth in the region. Recently in August, Lazada Philippines ran a campaign to showcase its newest TVC and latest weekly deals for lead-generation and reward drivers through an interactive gift box offering a surprise discount voucher. The campaign resulted in more than 380,000 impressions and an engagement rate of 1.28%. The next phase is to fully integrate in- vehicle screens into the full m-commerce experience — from product consideration and selection, payment via QR code and mobile payment, to electronic receipt and delivery confirmation. We are currently piloting a demonstration of this with an online florist. Technology to target consumers As they say, timing is everything. In a captive environment, content seen at According to retail solutions provider RetailPerceptions, 61% of shoppers would prefer to shop at stores that offer AR and 40% of them would be willing to pay more for a product to experience it through AR.