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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