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IBM Global Business Services Retail
Executive Report
IBM Institute for Business Value
Meeting the demands of the
smarter consumer
IBM Institute for Business Value
IBM Global Business Services, through the IBM Institute for Business Value, develops
fact-based strategic insights for senior executives around critical public and private
sector issues. This executive report is based on an in-depth study by the Institute’s
research team. It is part of an ongoing commitment by IBM Global Business Services to
provide analysis and viewpoints that help companies realize business value. You may
contact the authors or send an e-mail to iibv@ for more information.
Introduction
By Melissa Schaefer and Laura VanTine
New technologies and socioeconomic trends are reshaping the
retail marketplace. The IBM Institute for Business Value recently surveyed over
30,000 people in three mature and three growth markets to discover what consumers
will want from retailers in the future. We now know that consumers are getting
smarter…and understand how their preferences vary across generations, countries
and shopping segments.
The rules of the retail marketplace are changing dramatically. • Smarter consumers use social networking. Thirty-three percent
With the development of new technologies for bidirectional of respondents are likely to “follow” a retailer on a social
communication, consumers can get more information about networking site. Some of these people also swap notes, so a
retailers and their products more easily than ever before. Mass single consumer’s shopping experience can influence the
urbanization and increasing affluence are simultaneously giving decisions many others make about what to buy and where to
consumers in the emerging world greater economic power. In buy it.
short, as re
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