Angela Wang: How China is changing the future of shopping
Angela Wang: Način na koji Kina mijenja budućnost kupovine
BCG's Angela Wang works with a broad range of clients in China on strategy formulation, business development and operational excellence. Full bio
Double-click the English transcript below to play the video.
for your birthday this year?"
a one-way mirror Spider-Man mask."
koje ima jedosmjerno zrcalo."
what he was talking about,
prije nego pođem spavati.
and make a wish before I go to bed.
mi ga dati kad se probudim."
will give it to me when I wake up."
looks like for this generation.
ta generacija vidi kupovinu.
for a child like Yuan Yuan,
za dijete poput Yuan Yuana,
my generation had in mind.
moja generacija mislila.
obavlja putem mobitela
is happening in China right now.
velika revolucija u kupovini.
and also technology platforms,
i tehnološke platforme,
than elsewhere in the world.
nego bilo gdje u svijetu.
in China is soaring.
e-trgovine u Kini naglo raste.
of the United States
is coming from mobile.
mobilnih uređaja.
of the United States,
the scale of the e-commerce,
o razmjeru e-trgovine,
and the aggregation of the ecosystems.
i kumuliranja ekosustava.
to become a country of mobile commerce,
zemlja mobilne trgovine,
of the two technology platforms,
tehnoloških platformi,
of digital content, video, online movie,
digitalnog sadržaja, online filmova,
informacija o putovanjima.
a glimpse into the future.
concerns the spontaneity of shopping.
tiče se spontanosti kupovine.
five to eight pairs of shoes.
pet do osam pari cipela.
to reach about 25 pairs of shoes a year.
na 25 pari cipela godišnje.
"What are the reasons you buy?"
fashion information.
informacije o modi.
there was no particular reason to buy.
nije bilo posebnog razloga za kupovinu.
on their mobile site
web stranice na mobitelu
of spontaneity in everything,
spontanosti u svemu,
to buying insurance products.
do kupovine usluga osiguranja.
to understand if you think about it.
ako razmislite o tome.
are still very new
tek je nedavno počelo živjeti
or upper-middle-class lifestyles,
ili više srednje klase,
to buy everything new,
sve što je novo,
one click after another.
jedan klik za drugim.
is creating a lot of challenges
pri kupovini stvara mnogo izazova
told me that he's so frustrated
rekao mi je da je frustriran
that his products are not new enough.
proizvodi nisu dovoljno novi.
really bad comment.
to je zaista loša primjedba.
of products in each collection.
u svakoj kolekciji.
more important than that.
nešto važnije od toga.
exactly what they want
from the online apparel players in China.
na kineske online trgovce odjećom.
real consumer feedback
povratne informacije potrošača
will translate this information
pretvaraju te informacije
to microstudios for production.
in this overall ecosystem,
u cijelom ekosustavu,
partially customized pieces.
djelomično prilagođenu potrošaču.
to product on shelf or online
stavljanja proizvoda na policu ili online,
to what is in and hot on the market.
trenutno najtraženije na tržištu.
to traditional retailers
tradicionalnim trgovcima
about a few collections a year.
nekoliko kolekcija godišnje.
for ultraconvenience.
potrošača za jednostavnošću.
I was shopping with a friend in Tokyo.
u kupovini s prijateljicom u Tokiju.
standing in front of us
troje, četvero ljudi
is not just something nice to have.
dobra strana kupovine.
your consumer actually buys.
potrošač zaista nešto kupio.
that will make online shopping
kojeg će online kupovina postati
than a loyalty program alone.
samog programa vjernosti.
developed by Alibaba.
na malo koji je razvio Alibaba.
literally everything:
dostavljaju doslovno sve:
for dinner unexpectedly."
like Amazon and FreshDirect
is part of the Alibaba ecosystem
dio Alibabinog ekosustava,
a bit easier to implement.
in high-density areas in Shanghai.
u najnaseljenijim dijelovima Šangaja.
to ensure the freshness of the product --
kako bi se osigurala svježina proizvoda,
fish tanks in the store --
i akvarijima za ribu,
that will enable high-speed delivery.
vrlo brza dostava s tih lokacija.
is that the sales revenue per store
od prodaje po trgovini
than the traditional grocery store,
u tradicionalnim trgovinama namirnica,
are coming from mobile.
that really works in grocery shopping,
koja funkcionira u kupovini namirnica,
their shopping behaviors online,
elsewhere in the world,
za kupovinu drugdje u svijetu
the shopping journey.
završili kupovinu.
one hour on their mobile phone shopping.
jedan sat na mobitelu kupujući.
than the United States.
on this tiny little screen?
na tim malim ekranima?
on a mobile shopping journey
kupovina putem mobitela
chatroom with my friends.
in that chatroom.
u toj sobi za čavrljanje.
I would just click that link
a shop assistant came online
help you tonight?"
that the next day, around noontime,
da će sutra, oko podne,
will be delivered to my office.
dostavljena u moj ured.
with my colleagues
maximum one dollar.
that shopping site,
tu stranicu za kupovinu,
of a grassroots celebrity
a new color of lipstick.
very easy to understand --
vrlo je jednostavno
a shopping link right next to it,
in an amusement park.
when you have this integrated ecosystem.
integriranog ekosustava.
into a multidimensional experience.
u višedimenzionalno iskustvo.
reaches a whole new level.
dosegla je potpuno novu razinu.
in all aspects of our life.
commercial opportunities behind it.
velike komercijalne prilike.
Three Squirrels,
in just three years
pola milijarde dolara u tri godine,
to provide services 24/7.
kako bi pružali usluge.
mogu nasmijati i usrećiti.
a few jokes and make you happy.
the relationship between brand,
odnos između branda,
of the massive changes
are generated every single day.
marketing, product innovation,
marketinga, inovacije proizvoda,
to decide what they want to buy,
odlučiti što žele kupiti,
how they want to social.
koliko žele biti društveni.
leaders of the world
svjetskim poslovnim čelnicima
see what's happening in China,
pogledaju što se događa u Kini,
what you shared with us
ovo što si prezentirala
had the same question that I had,
imaju isto pitanje kao i ja,
sustainable over the longer term?
dugoročno gledajući?
and ultraconvenient retail experience?
i jednostavno trgovačko iskustvo?
One thing we have to keep in mind
Ono što moramo znati jest
of a huge transformation.
početku velike transformacije.
needs of the consumer,
of the ecosystem,
and also challenges.
are shifting their focus
to solve these challenges.
na rješavanje tih izazova.
consideration to sustainability
obzira održivosti
no simple answers to these questions.
odgovori na ta pitanja.
I'm here to tell everyone
kako bih rekla svima
and play a part in this evolution.
i igrati ulogu u tome razvoju.
ABOUT THE SPEAKER
Angela Wang - Retail expertBCG's Angela Wang works with a broad range of clients in China on strategy formulation, business development and operational excellence.
Why you should listen
Angela Wang is a core member of The Boston Consulting Group’s retail sector in Greater China. Her projects have included helping a leading Chinese regional retailer develop an omnichannel strategy for its grocery and department store businesses and redesign its organization, processes, and KPIs. She worked with a regional Chinese multiformat retailer on a store portfolio strategy and a roadmap for expanding its department, mall and grocery chains. For the same client, she identified ways to achieve operational excellence and developed 5-year financial forecasts by category.
Wang also evaluated opportunities for a Chinese fashion and apparel retailer to grow in multiple categories, and she recommended a strategy to expand its key brands across a network of stores nationally.
Before joining BCG in 2010, Wang was a senior project manager at Monitor. She also interned at JPMorgan Chase.
Angela Wang | Speaker | TED.com