03.11.2020 Views

REVOLUTION_International_Vol 54

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

smell what is going on, they<br />

can feel it, taste it, they can<br />

interact with [former F1<br />

driver] David Coulthard and<br />

all have a shared experience<br />

and a drink together at the<br />

end of the day. These stories<br />

become immersive and selfexplanatory.<br />

And this<br />

is what we’re trying to<br />

achieve, really.<br />

I believe in technology<br />

as an aid to give our clients<br />

a better experience, but I<br />

will not do technology for<br />

technology’s sake. To have<br />

an augmented experience,<br />

it has to really add value to<br />

the process. In a watch, the<br />

focus is much more on two<br />

things. First of all, we can<br />

show the intricacies of the<br />

watch movement, which we<br />

cannot physically always<br />

show in a closed case. You<br />

can have a meaningful<br />

connection in the omnichannel<br />

journey, for example, allowing click-and-collect,<br />

boutique purchase appointment bookings, et cetera.<br />

Enabling strap accessories to see what fits on a watch with<br />

different strap configurations, backer configurations,<br />

things that add value to the process, those are very valuable.<br />

On the storytelling side, we have things we created like<br />

the virtual bike ride with [American actor and filmmaker]<br />

Bradley Cooper, or the pilot simulator, things where you can<br />

enhance your storytelling like actually going into our movie<br />

production with Bradley Cooper, riding along with him on<br />

the motorbike, taking interactive decisions along the way<br />

like where you’re trying to go that gives you different endings<br />

to this journey, and experience the story in a different<br />

format. And that’s again, I think an opportunity where AI<br />

and augmented reality can have a place in our stores.<br />

One great challenge in any retail is in staffing. How have<br />

you kept your retail division strong?<br />

Customer service is the same internally as it is the external<br />

service we provide to our clients. For example, we are now<br />

launching the tracking of net promoter scores. So we ask,<br />

based on your experiences, how likely would it be that you<br />

recommend IWC to friends and family? We launched<br />

10, 11 months ago across all the channels. And we’re now<br />

introducing the score internally, asking our colleagues,<br />

based on your experience with IWC, would you recommend<br />

IWC? So it is exactly the same principle, you know, to<br />

provide an inclusive, interesting and caring workplace. A<br />

safe workplace with interesting opportunities to be able to<br />

incentivize people to stay with us. We’re very lucky that we<br />

have a lot of our colleagues who stay with us for a long time.<br />

And I think that’s reflected in the fact that in September<br />

2019, we achieved certification as officially a Great Place<br />

to Work for Switzerland, as the first watchmaking brand<br />

to achieve certification as well. And that shows I think that<br />

some of these efforts [have worked].<br />

Where do you see multi-brand retailers in your<br />

retail strategy?<br />

It’s a very important part of our distribution network. And<br />

that has not changed. I think the industry has seen a degree<br />

of consolidation, we’ve also seen a lot of international<br />

expansion of some key retailers. And that is an ongoing<br />

process. But as part of a distribution structure, the multibrand<br />

retailer is as important to us as an external boutique,<br />

as is retail creativity internally. The way I see it, they will<br />

eventually all become perfectly connected touchpoints in<br />

an omni-channel service, that really have a shared client<br />

experience and a shared stock experience, where it’s fluid<br />

between different channels. We’re still some years away<br />

from that for sure, but I think ultimately, that is where we<br />

want to be. To have one client-facing distribution function<br />

that has different types of touchpoints, different channels in<br />

it at all work with each other.<br />

Above, clockwise<br />

from top<br />

The refreshed ION<br />

Orchard store, with<br />

a central space<br />

where guests<br />

can surround<br />

themselves in the<br />

experience of IWC;<br />

at The Shoppes at<br />

Marina Bay Sands, a<br />

similar setup with a<br />

changed layout for<br />

a different space.<br />

124 BACKTOTHEFUTURE

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!