Digital transformation services for retailers
Adapting your business for today’s world of retail
Digital World
Human World
As retail becomes more competitive and new disruptors enter the market, customer experience is now one of the biggest differentiators.
Digital has the capacity to integrate operations, technology, and human interaction, to help you improve the customer experience and grow your retail business.
Digital is changing every aspect of our lives, including how we shop and do business.
Many retailers are unclear on how to counteract disruption, citing resources, expertise and skills, scalability, and lack of direction as obstacles.
Independent and mid-market retailers in Canada are facing big changes — and big challenges — on multiple fronts.
Technology
Customers
Competition
Regulations & Global Opportunities
Mobile and omnichannel retail, AI-enabled automation, blockchain
Personalization expectations, loyalty and retention, frictionless retail
Disruptors/non-traditional competitors, market polarization, international entrants
Cybersecurity/privacy risks, taxation, tariffs, expansion
How can retailers protect and grow their business?
Digital transformation is not just for the big players. It has the potential to help you:
Grow revenue and improve margins
Compete more effectively and reach new markets
Improve customer engagement and loyalty
Increase efficiency and manage/reduce operational costs
BDO’s digital transformation services
Canada’s retail industry is undergoing a revolution. It’s vital to make a long-term plan for growth and digitally reimagine your business — or risk getting left behind.
Digital and business strategy development
Assessing and managing risks
Identifying and prioritizing opportunities
Implementing digital solutions
We can help retailers grow and transform through:
Our approach to digital transformation is scalable for mid-market and independent retailers across multiple subsectors:
Digital Business Strategy
Digital Processes
Digital Change
Digital Security
Aligning transformative technology initiatives with an overall business strategy focused on growth and customer experience.
Improving performance and efficiency related to store operations, back-office systems and procedures, and the supply chain.
Advising on change management and digital adoption, to help you engage your employees and strengthen your workforce.
Implementing IT infrastructures and digital tools that are integrative and support growth, while mitigating risk.
Retail is undergoing a fundamental shift. Customer expectations are relentless and ever increasing. Retailers of all sizes must embrace digital transformation to remain competitive and relevant.
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Deploying a digital strategy to help improve your business model.
Selecting the right technologies for sales and customer engagement.
Finding cost-effective ways to produce meaningful business intelligence.
Implementing financing and change management strategies to get the most out of digital investments.
BDO’s extensive understanding of the retail industry and digital best practices can help retailers achieve their goals, such as:
BDO’s extensive retail industry experience and in-depth understanding of digital strategy and best practices can help retailers achieve their goals, such as:
For more information:
BOB MCMAHON National Retail & Consumer Business Leader 905-272-7818 bmcmahon@bdo.ca ERIC MATUSIAK National Retail Leader 905-283-4625 ematusiak@bdo.ca KYLE HULME National Leader of Digital Strategy 416-815-3017 kyhulme@bdo.ca