Daniel Hopping on The Future of Retail
March 27 2008 / by Alvis Brigis
Category: Economics Year: 2013 Rating: 6
President and CEO of Next Retail Group, Daniel Hopping is a futurist with some interesting things to say about the impact technology will have on the retail industry and tomorrow’s consumer.
First and foremost, like most of his peers, he’s cognizant of acceleration and expects “more change in how we live, how we work, and how we shop in the next 5 years than in the last 20”, citing huge changes in household demographics, storage capacity and information access as primary drivers of progress.
Accordingly, he points out that the physical “store of 5-8 years out is going to be operating on an infrastructure that does not yet exist” and thinks the evolving semantic web will have a great deal to do with that transformation.
These insights and many more are captured in a recent presentation by Hopping that he posted to YouTube just yesterday. It’s been edited down to just the essential points and makes for quick, enjoyable , MEST-compressed viewing (if only more folks would edit their presentations in such a manner):
“It’s going to be a very interesting next 5-10 years,” concludes Hopping. ... You’ll find no argument here. :)
