WEBVTT 00:00:00.000 --> 00:00:01.230 - Could you talk to us a little bit 00:00:01.230 --> 00:00:03.750 about two to three trends in retail innovation 00:00:03.750 --> 00:00:06.570 you're tracking most closely and looking forward to? 00:00:06.570 --> 00:00:08.580 - We are looking very much at our customer behavior, 00:00:08.580 --> 00:00:10.590 and we are seeing a trend of our customers 00:00:10.590 --> 00:00:14.310 to actually be engaging more in inspiration and storytelling 00:00:14.310 --> 00:00:16.770 than in just, you know, pure transaction. 00:00:16.770 --> 00:00:17.910 So that's one of the key things 00:00:17.910 --> 00:00:19.800 I'm very much looking forward to, 00:00:19.800 --> 00:00:21.810 that retail becomes more inspirational again, 00:00:21.810 --> 00:00:24.330 regardless if it's online, offline. 00:00:24.330 --> 00:00:25.920 And to actually continue innovating 00:00:25.920 --> 00:00:29.400 with new, good, curated, 00:00:29.400 --> 00:00:32.010 audience-related customer experiences. 00:00:32.010 --> 00:00:34.410 We are collaborating more and more with our brand partners, 00:00:34.410 --> 00:00:36.780 and also other retail partners 00:00:36.780 --> 00:00:39.420 in order to actually optimize the supply chain 00:00:39.420 --> 00:00:41.370 and do better for the customer. 00:00:41.370 --> 00:00:42.840 - Could you talk a little bit more 00:00:42.840 --> 00:00:45.750 about what Zalando is doing here 00:00:45.750 --> 00:00:49.020 to really lead the charge on customer innovation? 00:00:49.020 --> 00:00:50.430 - One of the key things that we are doing 00:00:50.430 --> 00:00:52.170 is that we have actually reshuffled 00:00:52.170 --> 00:00:54.562 our whole front-end experience. 00:00:54.562 --> 00:00:57.030 Assuming that you are an avid customer of Zalando, 00:00:57.030 --> 00:00:57.863 you will have realized 00:00:57.863 --> 00:01:01.380 that already one of the first placements on our website 00:01:01.380 --> 00:01:03.150 is now called Stories on Zalando. 00:01:03.150 --> 00:01:05.970 So instead of looking at the pure transaction, 00:01:05.970 --> 00:01:07.014 we are seeking ways 00:01:07.014 --> 00:01:11.910 to identify specific cultural audiences on Zalando, 00:01:11.910 --> 00:01:14.310 that we serve better assortment, 00:01:14.310 --> 00:01:16.347 better matching their needs and requirements, 00:01:16.347 --> 00:01:18.300 and actually engaging more on inspiration 00:01:18.300 --> 00:01:21.780 than basically just let's say getting a good deal. 00:01:21.780 --> 00:01:22.942 - Could you share some examples 00:01:22.942 --> 00:01:26.310 on how you bring some of that 00:01:26.310 --> 00:01:29.250 to what your brand partners are offering your customers? 00:01:29.250 --> 00:01:30.510 - One area to collaborate 00:01:30.510 --> 00:01:33.870 will be joint inspirational storytelling, 00:01:33.870 --> 00:01:35.070 as mentioned before. 00:01:35.070 --> 00:01:37.380 And the other key area will be B2B. 00:01:37.380 --> 00:01:40.380 So you called out the marketplace. 00:01:40.380 --> 00:01:41.790 I mean, that has been a model 00:01:41.790 --> 00:01:46.140 that we started developing for fashion in 2014. 00:01:46.140 --> 00:01:47.670 It wasn't super easy for us 00:01:47.670 --> 00:01:49.560 and for our brand partners all the time. 00:01:49.560 --> 00:01:50.393 And now we are actually 00:01:50.393 --> 00:01:52.890 even starting to open up our logistics, 00:01:52.890 --> 00:01:54.360 not only to our brand partners 00:01:54.360 --> 00:01:56.310 and their own, let's say, dot com, 00:01:56.310 --> 00:01:57.660 but also to their fulfillment 00:01:57.660 --> 00:01:59.603 for other retailers and marketplaces. 00:01:59.603 --> 00:02:02.186 (gentle music)