Retail use cases for IBM Cloud
These use cases highlight how workloads on IBM Cloud® Kubernetes Service can take advantage of analytics for market insights, multi-region deployments across the globe, and inventory management with IBM® Event Streams for IBM Cloud® and object storage.
Traditional grocer increases customer traffic and sales with digital insights
A Chief Marketing Officer (CMO) needs to increase customer traffic by 20% in stores by making the stores a differentiating asset. Large retail competitors and online retailers are stealing sales. At the same time, the CMO needs to reduce inventory without markdowns because holding inventory too long locks up millions in capital.
IBM Cloud Kubernetes Service provides easy spin-up of more compute, where Developers quickly add Cloud Analytics services for sales behavior insights and digital market adaptability.
Key technologies:
- Horizontal scaling to accelerate development
- Clusters that fit varied CPU, RAM, storage needs
- Insights to market trends with Watson Discovery
- DevOps native tools, including open toolchains in IBM Cloud® Continuous Delivery
- Inventory management with IBM® Event Streams for IBM Cloud®
Context
Traditional grocer increases customer traffic and sales with digital insights.
- Competitive pressures from online retailers and large retail stores disrupted traditional grocery retail models. Sales are declining, evidenced by low foot traffic in physical stores.
- Their loyalty program needs a boost in the arm with a modern take on the printed coupons at check out. So Developers must constantly evolve the related apps, but traditional tools slow their ability to deploy updates and features frequently.
- Certain high-value inventory isn’t moving as well as expected, but yet the “foodie” movement seems to be growing in major metropolitan markets.
Solution
The grocer needs an app to increase conversion and store traffic to generate new sales and build customer loyalty in a reusable cloud analytics platform. The in-store targeted experience can be an event along with a services or product vendor that attracts both loyalty and new customers based on affinity to the specific event. The store and business partner then offer incentives to come to the event as well as buying products from the store or business partner.
After the event, customers are guided to purchasing the necessary products, so they can repeat the demonstrated activity on their own in the future. The targeted customer experience is measured with incentive redemption and new loyalty customer sign-ups. The combination of a hyper-personalized marketing event and a tool to track in-store purchases can carry the targeted experience all the way through to product purchase. All these actions result in higher traffic and conversions.
As an example event, a local chef is brought into the store to show how to make a gourmet meal. The store provides an incentive to drive attendance. For example they provide a free appetizer at the chef's restaurant and an extra incentive to buy the ingredients for the demonstrated meal (for example, $20 off $150 cart).
The solution is made up of the following primary components.
- INVENTORY ANALYSIS: the in-store events (recipes, ingredient lists, and product locations) are tailored to market the slow-moving inventory.
- LOYALTY MOBILE APP provides targeted marketing with digital coupons, shopping lists, product inventory (prices, availability) on a store map, and social sharing.
- SOCIAL MEDIA ANALYTICS provides personalization by detecting customers’ preferences in terms of trends: cuisines, chefs, and ingredients. The analytics connect regional trends with an individual’s Twitter, Pinterest, and Instagram activity.
- DEVELOPER-FRIENDLY TOOLS accelerate roll-out of features and bug fixes.
Back-end inventory systems for product inventory, store replenishment, and product forecasting have a wealth of information, but modern analytics can unlock new insights about how to better move high-end products. By using a combination of IBM Cloudant and IBM Streaming Analytics, the CMO can find the sweet spot of ingredients to match to custom in-store events.
IBM® Event Streams for IBM Cloud® acts as the just-in-time events platform to bring in the rapidly changing information from the inventory systems to IBM Streaming Analytics.
Social media analytics with Watson Discovery (personality and tone insights) also feed in trends to the inventory analysis to improve product forecasting.
The loyalty mobile app provides detailed personalization information, especially when customers use its social sharing features, such as posting recipes.
In addition to the mobile app, the Developers are busy with building and maintaining the existing loyalty app that’s tied to traditional checkout coupons. In short, they need to focus on coding instead of managing the infrastructure. Thus, they chose IBM Cloud Kubernetes Service because IBM simplifies infrastructure management.
- Managing Kubernetes master, IaaS, and operational components, such as Ingress and storage
- Monitoring health and recovery for worker nodes
- Providing global compute, so Developers aren't responsible for infrastructure setup in data centers
Compute, storage, and event management that run in public cloud with access to back-end ERP systems
Technical solution:
- IBM Cloud Kubernetes Service
- IBM® Event Streams for IBM Cloud®
- IBM Cloudant
- IBM Streaming Analytics
- IBM Watson Discovery
Step 1: Containerize apps, by using microservices
- Structure inventory analysis and mobile apps into microservices and deploy them to containers in IBM Cloud Kubernetes Service.
- Provide standardized DevOps dashboards through Kubernetes.
- Scale compute resources for batch and other inventory workloads that run less frequently.
Step 2: Analyze inventory and trends
- IBM® Event Streams for IBM Cloud® acts as the just-in-time events platform to bring in the rapidly changing information from inventory systems to IBM Streaming Analytics.
- Social media analysis with Watson Discovery and inventory systems data is integrated with IBM Streaming Analytics to deliver merchandising and marketing advice.
Step 3: Deliver promotions with mobile loyalty app
- Promotions in the form of coupons and other entitlements are sent to users’ mobile app. The promotions were identified by using the inventory and social analysis, plus other back-end systems.
- Storage of promotion recipes on mobile app and conversions (redeemed checkout coupons) are fed back to ERP systems for further analysis.
Results
- With IBM Cloud Kubernetes Service, microservices greatly reduce time to delivery for patches, bug fixes, and new features. Initial development is fast, and updates are frequent.
- Customer traffic and sales increased in stores by making the stores themselves a differentiating asset.
- At the same time, new insights from social and cognitive analysis improved reduced inventory OpEx (operating expenses).
- Social sharing in the mobile app also helps to identify and market to new customers.