Group 8 – Digital Strategy Project RB

20

October

2017

5/5 (2)

RB is a Dutch niche e-commerce player, specialised in creating their own bikes, selling other niche branded bikes, bike components and bike accessories. RB has one offline shop and it is used for warehousing as well as a showroom for their customers, where customers have the opportunity to test the products before purchasing. Online, RB has a main webshop, where one can buy bikes, fixed gears, accessories and bicycle bags. Furthermore, they have 6 other web-shops, which are solely focused on certain bike components or accessories, e.g. Brooks saddles or Ortlieb bags.

The organisation’s mission is to become one of the top 100 e-commerce players in the Benelux. Simultaneously, RB plans to follow the online to offline strategy by opening a brick-and-mortar store in the city centre of Rotterdam

For the blog, we will discuss the strengths and the weaknesses from the SWOT analysis and the proposed digital strategy.

SWOT Analysis

For analysing RB’s market position in relation to its competitors, we will be using the SWOT analysis, which stands for Strengths, Weaknesses, Opportunities and Threats. The goal is to identify the major factors affecting competitiveness before crafting a new digital strategy.

Strengths

  • The webshop features a wide variety of 16.000 specialised products, covering necessary needs for the bike e.g. bike locks, child seats, saddles, parts of the bikes.
  • Despite that the organisation is an e-commerce player, RB has one physical store / warehouse that allows customers to test the products. A competitive advantage as customers value testing before buying expensive products.

Weaknesses

  • Web-shop design layout and multiple web-shops lacks integration and consistency. The navigation on the online shops is inconvenient, incomplete, and the quality of the product images is low.
  • A small part-time workforce of 2-5 employees, leads to inconsistencies of tasks performance, since multiple employees are doing the same tasks; high turnover due to no full-time positions

Proposed Digital Strategy

The proposed digital strategy focuses on transforming RB’s business through eliminating the organisation’s weaknesses, while capitalising on its strengths. The strategy will consist of two parts, namely, web experience and customer service / engagement. Both parts feature transformational initiatives such as unifying the seven separate web-shops and the implementation of the CRM system, as well as complementary initiatives like smart filter, QR Code, Social Media, and FAQ.

Web Experience

  • Unifying the seven separate website back ends with total products of 16.000 products into RB’s main web-shop.
  • Integrate a smart-filter for all seven web-shops’ from frontend, in order to reduce choice overload for customers.
  • Integrate QR codes in RB’s online to offline strategy – bridging RB’s online presence with it soon-to-be-opened  offline store.

Customer service / engagement

  • Implement a CRM system to enhance customer experience and engagement while standardising work processes for RB’s short-term employees.

 

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Silicon Valley and its quest for eternal life

20

October

2017

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Technology is improving exponentially, and according to Google’s chief futurist Ray Kurzweil, humans could start living forever by 2029. Kurzweil believes 2029 will be a tipping point for medical technologies, technology will be able to add one additional year every year to your life expectancy.

The idea of living forever is likely to be insane or unrealistic for the majority of humanity, and maybe humans simply prefer to live once and rest in peace afterwards. One of my closest friends said: “You do not want to be immortal, because it reaps away the value of life”. Which is somewhat true, if you have all the time to do whatever you want, becoming the best procrastinator is even possible as there is no urge for anything. To be honest, I am not sure if she is right or wrong, and I am not sure if immortality is a gift or a curse, but, I do believe that a option to extend life is better than no options. Take one minute, and imagine that life expectancy throughout Europe around the 1800s hovered between 30 and 40 years of age. This would mean that we as students have already passed 50% of our life if we lived in the 1800s…   

At the opposite end of my friend’s spectrum are the billionaires of Silicon Valley, Google’s co-founders Sergey Brin and Larry Page, Amazon’s founder Jef Bezos, and Paypal’s co-founder Peter Thiel. Billionaires that have invested millions and even billions in organisations like Calico (short for the California Life Company, Unity, and Alcor.

Immortality or no immortality, the exponential growth of technological advancements will at the very least extend our lives and make us physically younger.

Life is short

Life expectancy between 30 and 40 years is probably surreal for the majority of us

But is an life expectancy between 80 and 100 normal?

Everyone has their opinions about life, and therefore I wonder what you guys think of the quest for eternal life

References

https://www.cnbc.com/2017/03/31/google-co-founders-and-silicon-valley-billionaires-try-to-live-forever.html

https://www.forbes.com/sites/petercohan/2013/06/20/googles-engineering-director-32-years-to-digital-immortality/#356c544a21e5

http://www.businessinsider.com/googles-chief-futurist-thinks-we-could-start-living-forever-by-2029-2016-4?international=true&r=US&IR=T

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Is technological progress equal for all?

7

October

2017

5/5 (4)

We view technology as something positive, as something that empowers us to do more and especially more with less effort. It is not only technology itself that is perceived as positive, we admire the founders of Apple, Tesla, Amazon, and to a certain extent, we have great respect for the organisations they founded.

We are the brightest and most powerful generation in history, our instant access to free knowledge and news is unparalleled with even the most powerful individuals of the past. Technology is indeed empowering us in achieving greater heights, but unfortunately technology is enabling “us” and not everyone equally.

As you may have noticed, “we” has been used repeatedly in the story above. We as university students may not give the following a second thought, but we should consider ourselves privileged, privileged to be able to dream of the above and to study at one of the greatest university in Europe. We live in a era where education and intelligence will widen the gap between the haves and not haves like never before. Unlike the Industrial Revolution, the Digital Age will indefinitely favour and empower the educated and the creative as demand for highly skilled jobs will continue to rise, while those with less education and expertise fall behind. But unlike the Industrial Revolution, the Digital Age will increase demand in the high and low ends of the job market, while hollowing out the middle – meaning that the corporate ladder for the less might vanish.

A technology-driven economy will favour a small-group of successful individuals and organisations by amplifying their talent and luck.

It may sound unrealistic, but the envisioned gloomy future is already here. Remember the great tech organisations we admire? Many of them reside in California, a single state with a higher GDP than France or India in 2015. But if you happen to be a Twitter employee and you would take a stroll to the Twitter Headquarters in San Francisco, you would be blown away by how many homeless people you encountered in just a single stroll.

The reality is not that technology will automate and replace humans in the short or long-term, but rather that technology will increase wealth and opportunities for the few while intensively increasing the competitive job market for the middle and low end. As technological progress continues to hollow out the middle, the majority of the middle class will join the bottom ones in competing for jobs in the low end. Reducing overall wages for the middle class and lesser opportunities for the ones at the bottom.

Take one minute, and imagine your friends and families who may be less educated than you, will they enjoy equal opportunities in life as technological progress may outpace their own learning curve?

I hope this story has reached some of you, and I hope a more equal future exists for all!

Please let me know your thoughts on the future

DS

Sources

“Is technology contributing to increased inequality?”
https://techcrunch.com/2017/03/29/is-technology-contributing-to-increased-inequality/

“Technology and inequality”
https://www.technologyreview.com/s/531726/technology-and-inequality/

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