How to Grow in a Multichannel World

BlueSky Thinking Summary
In an interview with Kellogg Insight, Jim Lecinski talks about how e-commerce and AI are driven in their most disruptive form with regard to consumer behavior and market strategies.
On the brink of today, he expounds on the resiliency of brick-and-mortar retail alongside exponential growth of online marketplaces like Amazon and niche DTC brands, looking closer at the nuances of the uni-channel, multichannel, and omni-channel approaches.
He speaks to the difficulties and advantages that each of these strategies has, using examples of companies such as Warby Parker and H&R Block to outline successful transitions.
Emphasizing the convergent role AI is going to play in customers' individual experiences and data privacy shifts, Lecinski makes a case for how a visionary leader can adapt to this change in the digital landscape.
Incisively, this tour not only maps the current state of e-commerce but also, more strategically, gives the professional insights to help him in riding these trends to capitalizing on growth in a competitive market environment for his business.