Disruption is NOT about what’s happening now or in 6 months. Disruption is a massive wave of change that crashes down on you.
Traditional retailers today are feeling the swell and the crash of the massive wave. On September 19th, 2017, Toys ‘R’ Us filed for bankruptcy, siting competitive pressure and over $5B in debt. This is just the latest in a long list of retailers that are under pressure of changing economics.
Amazon has fundamentally changed the marketplace: consumers expect more choices, faster delivery, and low prices. That’s an equation that few traditional retailers can match. Looking forward, the oncoming waves of autonomous vehicles, drone deliveries, data analytics, and robotics put Amazon in an even better position. The traditional retailers, and brands exclusive to retail channels, will fall even further behind.
N³ Innovation helped one CPG corporation that sells food brands through traditional retail understand and anticipate the effects of waves of disruption that were coming. We further helped them to design new strategies for their food brands, so they can be profitable in the years to come. Let us help you discover how new technologies change the economics in your business.
N³ Innovation’s mission is to help corporate clients create measurable enterprise value by inventing the future. Clients have generated millions of dollars of revenue in new markets, with new products and new technologies.
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