#QUOTE on The Future of Retail

@retailprophet on the shift from distribution of products to distribution of experiences

The big shift, you see, is that while stores are ceasing to be vital for the distribution of products they are becoming more profoundly crucial for the distribution of experiences.  The store allows the consumer to engage the brand, its products and its culture in a visceral and emotional way that simply cannot be replicated online. Therefore, as more and more sales are attributed to mobile, social and online channels, the store’s strategic importance has to shift to delivering more powerful, galvanizing experiences that forge love and loyalty. In short, the store is becoming a media experience!

–Doug Stephens, “The Future Of Retail: Experiences Per Square Foot”

Image via:  Co/Incide

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