Latest / The Retail Podcast / Retail Choreography Imogen Wethered Co Founder & CEO Qudini
Transcript
- 0:00Retail forecast, the global conversation hosted by Alex
- 0:04rezze Van Veen. Hello image and how you doing?
- 0:12Can you hear me everything? Okay, hi yes, I Canna a great to
- 0:15hear you. Brilliant Imaging, for those who
- 0:19don't know, you are the CEO and founder of Q Deanie.
- 0:24Why don't we start with the story?
- 0:26Because I think it's really interesting story and this whole
- 0:29series is about empowerment. I think your story sort of just
- 0:32shows, you know, if you follow your the path, you can be very
- 0:37successful in it. So, it would be lovely if you
- 0:39could sort of give us an Overview of how Q dini started,
- 0:43great. Yeah.
- 0:45I left University and I was kind of interested in setting up a
- 0:49business. So I went along to this
- 0:54hackathon which was sponsored by a to see if anyone who doesn't
- 0:57know what a hackathon is. It's an event where you kind of
- 0:59meet up with developers and ideas and designer people over a
- 1:03weekend and you come up with an idea and kind of code very basic
- 1:08prototype around the table and you kind of pitched at the end
- 1:11of the event. So, I went to hackathon and came
- 1:13up with this idea for virtual queuing.
- 1:15So this concept that you can join a key virtually from your
- 1:19phone and get updates about when Your turn.
- 1:23So we actually won this hackathon for the most
- 1:26commercially viable idea. And as a result we about
- 1:30telephonic has accelerator space that they were building in
- 1:32London and from that we got accepted.
- 1:38So we were kind of the youngest team in the earliest stage idea
- 1:41at the time to go through. But we left nine months later
- 1:44with a contract with O2 and also won their kind of global tender
- 1:49as well and it all just kind of Snowball from there.
- 1:52We just kept kind of working with more and more.
- 1:54And as clients in the retail space on, how do we improve
- 1:59customers who are coming into their store or month service?
- 2:02To kind of give them updates. While they're waiting, creating
- 2:06kind of a host out to the kind of more professionally, greet
- 2:09and manage customers. And a lot of them who are using
- 2:11just clipboard and pain at the time.
- 2:14And from there, we also, then started building appointment
- 2:16booking in, which was something a lot of clients were asking for
- 2:18sending be customers, kind of pre-book the time.
- 2:21Day visits there was, if we could just go back to.
- 2:24Because one of the things that I'm conscious of and the whole
- 2:27purpose of doing this is through different experiences.
- 2:30I'm, I have the great Fortune of meeting very early in career
- 2:35people and obviously, a lot of experienced professionals as
- 2:39well. So your mindset about that I
- 2:41want to, you know, I'd love to get into business or be an
- 2:44entrepreneur and have my own thing.
- 2:46How much of that did you? How much of that?
- 2:50I mean, where did it come from? Where What was the spark for you
- 2:52that made? You want to do this?
- 2:56Did you always feel that you could be the CEO and founder?
- 2:58We like on the playground? Just you knew that you could be
- 3:01the CEO found the how, how, what was the journey?
- 3:05What was the, whether the belief come from?
- 3:07No, I don't know. That one.
- 3:08Actually I wanted to initially go into advertising and then I
- 3:13also, when I kind of was always one of the ideas people.
- 3:16Yeah. So I wanted to do creative
- 3:18advertising, then there's really boring.
- 3:22So I just you just sit there all day and think of ideas and I
- 3:25like to kind of the execution sign and strategy side.
- 3:29So I kind of wanted to try coming up with a business
- 3:31because it enables you to be creative but also execute.
- 3:36But yeah I mean I guess I was always thinking of like weird
- 3:38ideas when I was at University I was like inventing things that
- 3:42already existed really like greatest things, I mean maybe it
- 3:48was natural. Do you have any words of wisdom?
- 3:51Wisdom for someone who maybe who has an idea that, you know, they
- 3:55need to act on. Yeah no definitely.
- 4:00I mean I think like leaving University age or even instead
- 4:03of University starting a business is one of the best
- 4:07routes you can go down in terms of if you want to learn skills,
- 4:11come up with ideas and execute things.
- 4:14And at that age you can't really lose like you don't have any
- 4:17like kind of strong responsibilities, so it's
- 4:23actually a really good time to start a business.
- 4:25If that's something that you want to do, and I Just say go
- 4:29for it and I also think it's something that education
- 4:32providers should really look at because when you're you have to
- 4:36figure stuff out for yourself like for example I was pretty.
- 4:40I couldn't really use Excel to start out with and now I'm
- 4:43pretty Advanced all just remember kind of searching
- 4:47online. It just shows that like the way
- 4:50education makes learning things is really boring and actually,
- 4:52it's really interesting to learn something.
- 4:54When you have, when you have to practically apply it to your own
- 4:57eye. Ideas.
- 4:58Yeah, and I think most of people in business would say, sometimes
- 5:03your success is the success of the people around you, the team
- 5:08and how you build it him. I do know that you did have a
- 5:10co-founder with you when you, but how have you how have you
- 5:14got over that hurdle? Because, you know, I don't know.
- 5:17For example, I can imagine fixing here but I don't have any
- 5:19coding friends. I don't I can't code or and
- 5:22how'd you get over that or how difficult was it to get over
- 5:26that element? Oh, well, I'm not ever that I
- 5:29have a co-founder who is uh, CT. Oh yeah.
- 5:33So definitely. That is that, I mean, for
- 5:36starting a tech company, I think that is pretty fundamental
- 5:38having someone who understands Tack and is as committed and as
- 5:43kind of has as much skin in the game, as you do because I can
- 5:48imagine, if you were kind of hiring a CTO and someone who's
- 5:50kind of leaves every three years, it would be a lot harder.
- 5:54Yeah. And having that knowledge is is
- 5:55really key and there's Lots of ways you can meet people.
- 5:59So, for example, there's kind of technique UPS as hackathons are
- 6:03really good way to meet people, as well as I think, for kind of
- 6:07young Founders, starting out applying to something like
- 6:11something, like an accelerator, like wire or entrepreneur first,
- 6:15which actually helps kind of match people and fun.
- 6:17Businesses is a really good way to start.
- 6:20Oh, well, cool. In terms of just moving on a
- 6:23little bit in terms of going back to actually our first
- 6:28Encounter which was all about buy online, pick up in store and
- 6:33building efficiency, I just, and that was 2013.
- 6:38I think so. Yeah.
- 6:40In 2012, right Eugenie? Yes, yeah, okay.
- 6:44So so it's been going for a fair while.
- 6:48I mean, the evolution of buy online, pick up in store, to
- 6:51Virtual queue management and I also saw on your website, your
- 6:54also have a sort of a proposition for For luxury in
- 7:00terms of appointment booking as well.
- 7:03For people who sort of maybe don't know the area or don't
- 7:06understand the friction or the challenges specifically during
- 7:09covid. Can you just talk about the
- 7:11problem and then potentially how you've sort of tackled solving
- 7:15those problems? Yeah.
- 7:17So for sure so I guess when I was kind of roomy when I when we
- 7:21first met Ali I was kind of trying to explain to people, you
- 7:24can have customers join the queue from outside of the When
- 7:27you can message them when, when it's a turn and we had a couple
- 7:31of retailers up kind of take on that method of the customer
- 7:34joining in a queue by their phone.
- 7:37But most of them actually, just letting them join the queue by
- 7:39host or potentially in Europe by a kiosk, because we've been
- 7:42very, very wary of queuing systems and whether customers
- 7:45will use in the like them, but it's covid.
- 7:48We've just seen this kind of mass adoption, amongst
- 7:51customers, and retailers of this kind of scanning, a QR code to
- 7:55join the queue and staying updated.
- 7:57One in weight as well as for click and collect like, checking
- 8:01in from your phone, or by scanning, a QR code, from the
- 8:05car park, so that you can wait in your car and get your order
- 8:07delivered. And then the appointment booking
- 8:09is kind of a little bit more mainstream that's been going on
- 8:12for a while, but it's becoming bigger.
- 8:14And so when you drive by pickup service, it's something that you
- 8:18guys are there. Any retailers, are experiment,
- 8:21specific ones, you can talk about because I find food we've
- 8:25rolled out with dick our phones, They were actually the first,
- 8:29and before they even open their stores, fully, they started
- 8:31opening their stores just for cooking collect.
- 8:35If you go to Dixon's conference tour, you can check in from your
- 8:38order confirmation email and you'll get a texting.
- 8:41Someone's looking for your order, someone finds the order,
- 8:44and then just drops it in the boot of the boot of your car.
- 8:46So you can literally kind of drive in and out of store,
- 8:49without getting out of your car. Wow.
- 8:51And they did you get any sort of customer to get any stats on?
- 8:56I don't know the the Improvement on customer Journey or what?
- 9:00How do you measure the success of these initiatives?
- 9:04Yeah, so I guess for click and collect, it's more about kind of
- 9:07loyalty and getting them to, come back to your omni-channel,
- 9:10whether that's or online. Yeah.
- 9:13And we've definitely seen kind of increases in loyalty and
- 9:16amazing feedback from customers saying they will definitely use
- 9:19the service. Again, they've tweeted about it
- 9:21online. For example, some of the best
- 9:24ones we've seen our with the queuing and appointment booking.
- 9:27The install entry or install Services?
- 9:29Yeah. Well we reduce some of our
- 9:32clients walkouts rates by 62% and that's purely just by giving
- 9:37kind of customers an estimate of how long they're waiting and
- 9:40wears it to when you're waiting for a tube or bus.
- 9:44And when they have the information issue in the weight
- 9:47feels a lot shorter than when you're just sitting there
- 9:49waiting. And you don't know when the next
- 9:50bus or train is coming. Absolutely yeah.
- 9:53Okay frustrating. Yeah.
- 9:54So yeah. So it's that and And then we've
- 9:59helped them to. We've helped one retailer to
- 10:01increase average, spend by 33 percent just because of the
- 10:05better customer experience. And a lot of our clients also
- 10:08seeing kind of a 10% store conversion, increase through
- 10:10queuing and appointments because they're having giving better
- 10:13service them and customers and one language and it is that
- 10:15specifically during covid-19 paprika covid, that was pre
- 10:20covid during covid. I mean it's been pretty much the
- 10:23same like, much higher retention there.
- 10:27Anything being that obviously customers have been avoiding
- 10:31stores in any way. You can drive them to store
- 10:33through appointment booking is important.
- 10:35And then also, once if customers do come in to store, making sure
- 10:39they feel kind of safe and confident throughout their visit
- 10:41so that they will come back. So, as a couple of really
- 10:46interesting, stats are also with appointment booking that one of
- 10:50our clients has found that sixty percent of customers who booked
- 10:52an appointment have never been to the stores before.
- 10:55So it's that acquiring new new customers that don't really
- 10:58interact with that business. And another thing we're seeing
- 11:02is a massive up taking virtual services, so retailers, bring
- 11:07kind of remote server so if I want to buy something online but
- 11:10I'm not quite sure your mean for me it's the buyer or to drop off
- 11:14the site. But now there's another option
- 11:16where it's like, okay because you can just click and book an
- 11:18appointment and speak to someone in a store in a contact center
- 11:21about that product and this is obviously been cattle are like
- 11:26covid been a catalyst Yes. But I think it gets them
- 11:28required the whole time or at least we surveyed people and
- 11:32Millennials and gen Z customers with three times more likely
- 11:35than Baby Boomers to want virtual service do.
- 11:38It's definitely kind of a generational thing rather than
- 11:41just a covid thing. Yeah, I can.
- 11:43Well I imagine to, I mean, that in my mind there's like the
- 11:46Instagram generation that doesn't necessarily need to feel
- 11:49safe, but just once a digital experience, but then there is a
- 11:53generation and, you know, that of people myself included You
- 11:57want to feel a little bit safer when you go in and knowing that
- 12:00you've got that space and that time I think it absolutely does
- 12:05help that you you go in and then you feel like, okay, this is my
- 12:09time, this is my space in this environment or in terms of
- 12:13booking. I'm glad you mentioned the
- 12:16research that you did because I did see that on LinkedIn.
- 12:19Was there any other sort of key findings that you found and was
- 12:22there any? I can't remember an apologetic
- 12:24was there one in the US and one in the UK or Did I ever got that
- 12:28wrong? Yes, that's correct.
- 12:30So we did a 2000 consumer survey.
- 12:32Just as Lockdown had started asking people, kind of, which
- 12:36stores they had been avoiding how they felt that tricky,
- 12:39collect, and also how they felt about virtual service with
- 12:42retailers. Yeah.
- 12:43And the main thing was that the more customers need a store, the
- 12:47more they wanted virtual service from it.
- 12:50So like even grocery retailers, a high proportion of customers
- 12:53wanted virtual service from it. And And yes, it basically one
- 12:59average. I think it was about 56 or 60%
- 13:02of people want to Virtual servers from all these different
- 13:04types of retailers and and we broke it down by different
- 13:07Capital. Yeah, the other thing was that
- 13:1156% of people plan to use, click and collect more.
- 13:16So, even kind of amongst the Baby Boomers were only kind of
- 13:197% will use it frequently outside of covid, right?
- 13:23About sit 56%, were saying that they would be more likely to
- 13:26use. It during and covid and also
- 13:31just the different types of stores that people were finding
- 13:35it harder to avoid was very interested in staying.
- 13:37So obviously grocery stores, people find it harder to avoid,
- 13:41but Banks people find it very easy, to avoid mum children and
- 13:45toy retailers, really, really important to the customers that
- 13:51use them. And they found them hard to
- 13:52avoid them, which I thought was very interesting as well.
- 13:54Yeah, I know our little toy. A shopping.
- 13:58Turnham green has a has a has a queuing system, which I don't
- 14:02know if it's yours, but I know they have a queuing system and
- 14:05have you have you expanded into the u.s. now?
- 14:07Ask you Deanie Stateside as well or you predominantly uk-based?
- 14:13Yes, we have actually, so we're working with a number of
- 14:17retailers across their Us stores and and really like, because
- 14:22we're working now with a lot of kind of global brand.
- 14:24So we have the system, Student translated into all sorts of
- 14:30different parts of the world, like Korea, Japan all over
- 14:34Europe as well. So, that's very exciting.
- 14:36Let's just bring it back into again in terms of the journey
- 14:39that you have gone on as a person.
- 14:41So, how how do you feel now? Almost, almost 10 years down the
- 14:45line and the, the next 10 years or five years, where would you
- 14:52like to be? Well, I guess I'm probably only
- 14:55really thinking kind of too. Years ahead every-- every year,
- 14:58every couple of years was kind of have that your big kind of
- 15:01two to three year growth plan. And we've got some pretty
- 15:06ambitious targets to me based on kind of how well things have
- 15:10gone because of covid and how much our technology has been
- 15:14adopted. So we're really just helping to
- 15:16hoping to grow from there and I'll main goal right now is to
- 15:19grow more internationally real. So to convert all the UK
- 15:23retailers who are now starting to understand what virtual
- 15:26queuing is. And How it's spent in official
- 15:28to them. Yeah, I've noticed that you
- 15:31obviously are focused on luxury. What, how does luxury play into
- 15:35the QD new world? Yes.
- 15:38So luxury has become bigger and bigger and of the last year,
- 15:42even we started working with Aiko stores internationally a
- 15:46few years ago. So they were getting really,
- 15:48really high traffic of customers all over the world coming into
- 15:51by their kind of heated, tobacco devices.
- 15:56And We've just seen and because you've got kind of Premium
- 16:00Stones where people want to have a premium waiting experience.
- 16:04And if there's a queue, it's really not attractive.
- 16:06And also people want to be able to book time, they're going to
- 16:08spend a lot of money so they want to be able to have more
- 16:11detailed service. So we're just seeing one more
- 16:15tip with retailers that were working with internationally.
- 16:19Yeah, I noticed I don't know how long back but the word
- 16:24choreography started to appear. X2 2 in terms of retail
- 16:29choreography, what does that mean?
- 16:32Can you expand on? What how, what's your
- 16:34interpretation or whether what has that being interpreted?
- 16:38Yes, sir, retail choreography, is this kind of category
- 16:40concept? We created to better explain
- 16:44what it is that we do because we built the queuing system in the
- 16:47booking system. And people kept kind of thinking
- 16:50we were just a curing system so we wanted to come up with
- 16:52something, it kind of encapsulated what we were doing
- 16:55and also where we wanted to take Kitty knee over the coming years
- 17:00and it's all about, it's all about kind of connecting your
- 17:05experience, your operations, and your data and holistic Lee
- 17:09managing those whether that's related to mostly around stores.
- 17:12But also some of your online offering and we noticed kind of
- 17:16no one was yet kind of incorporating the concept of
- 17:20experience of operations and data and how we tell us should
- 17:22be looking at those holistically and all that one, kind of a
- 17:26framework. We've been creating my starting
- 17:29to create a set of Tools around how to use retail choreography
- 17:32as a concept, not just relating to keaney initiatives, but any
- 17:35process or any tool that you implement across your business,
- 17:39I got you and I presume the Data Insights on top of the stuff
- 17:43that retail is traditionally used to gain.
- 17:46You know. I do for counters infrared
- 17:48cameras whatever they are that must be phenomenal.
- 17:51Like a know what percentage upgrade that they're getting on
- 17:55data on? Footfall physically coming into
- 17:59their stores. Yes.
- 18:02So because obviously retailers a lot of them will have football
- 18:06and they have sales but what has happened between the door and
- 18:08the till is not very well known. So we help to bridge that Gap by
- 18:13showing things like, how long customers are waiting?
- 18:16Who's speaking to them and how long that service is taking one
- 18:19of the outcomes? What's the survey feedback?
- 18:22If they booked an appointment whereabouts in the country?
- 18:26Did they book their From so we can give the lot more insight.
- 18:30Yeah. If we just step away from from
- 18:33the business and go back to your role as a CEO, what I mean this
- 18:37has been a really tough time for everyone in.
- 18:40You know I put my hand up for myself as well and it feels like
- 18:44you know when when you heard about this news of work from
- 18:49home again you thinking oh my God, are we getting ready for
- 18:51another lockdown? How has it been managing a team
- 18:54through? This was there?
- 18:56I mean, yeah. Yeah, how how did the kid Nene
- 18:59team managed? And were there any tips and
- 19:01tricks for keeping morale up during this time?
- 19:06I think one thing was that we've always been set up virtual
- 19:09working, because we've always been quite flexible.
- 19:12Yeah, whereas I've had some friends at companies and they
- 19:15just weren't set up a virtual working and that was a huge
- 19:17change, but it's definitely hard to kind of keep up morale.
- 19:24Like, I think my biggest concern is that you don't know, When
- 19:27someone's unhappy that you can't just see that you can't get
- 19:29those visual cues that you would get in an office.
- 19:31So it's all about kind of just calling people, we implemented
- 19:35daily stand-up. So every morning kind of our
- 19:38sales and marketing team will connect in the development team,
- 19:41have a separate call. And actually, we've found that
- 19:44we've been able to do, there's a lot more regularly than when we
- 19:47were in the office. And you've got people kind of
- 19:48there but not there and as well as kind of on Monday, we do an
- 19:53all-hands meeting on zoom. And then on Friday we do kind of
- 19:57What did we achieve this week and drinks?
- 20:00And we've also started to send people kind of little gifts when
- 20:03we win deals just said kind of feel kind of loved and also
- 20:09reward for all the hard work they're doing.
- 20:11Yeah I think the main thing for us there is we've just been so
- 20:15busy and that's been really really kind of motivating for
- 20:18everyone although definitely tiring.
- 20:21It's also been so exciting. How do you I mean with the covid
- 20:26research that you It and just sort of looking at the generic
- 20:31retail Market specifically in the UK, what's your view on the
- 20:38or what are you seeing in terms of the indications?
- 20:41Are we? Because there's this been, this
- 20:43whole view of a bounce-back, people will just go back to
- 20:46their behaviors, which I think happened in over the summer,
- 20:50June, July August. But do you have any views on,
- 20:53you know, the future of I say, the future of the next Six to 12
- 20:57months and and how you think specifically coming up to
- 21:02Christmas if we maintain this trajectory of not full lockdown,
- 21:07but partial lockdown, how do you have a view?
- 21:11Well, I can talk about how some of our clients to see why, which
- 21:15is kind of inform the way that I see it is that I guess, cause
- 21:20like a lot of businesses will be putting in these new systems and
- 21:24processes to manage customers and to Experience.
- 21:28I think kind of things like the master and the hand sanitizers
- 21:31will disappear. Yeah.
- 21:33When kind of the pandemic ever ends but things like the
- 21:37processes and managing customers and and some of those kind of
- 21:43Investments should swing. That's what some of our clients
- 21:45think, like, a lot of them had things that queuing appointment
- 21:48booking on the roadmap already. Yeah, it was really just a
- 21:52catalyst for it. I think the virtual Services
- 21:56thing will also remain. Maine.
- 21:57Because our research showed that, that is something that
- 21:59customers want. So that will be really
- 22:01interesting to see how that transforms the world.
- 22:04And then from a kind of working perspective, a lot of business
- 22:08owners are talking about whether they just have kind of go fully
- 22:11remote and have one day a week in the office or a base, which,
- 22:16to be honest, I was quite opposed to initially, but I'm
- 22:19coming around more and more to it just by seeing how effective
- 22:22people are. Yeah, when they don't have to
- 22:24travel, obviously kind It reduces pollution of it which is
- 22:30great. And I don't know if you saw the
- 22:33stats that like premature babies had massively reduced this year.
- 22:37Wow, because people are just common and less stressed.
- 22:41And from my perspective, I 100% feel less stressed because
- 22:46you've got so many fewer kind of commitments and ways that you
- 22:49have to split your time which I found very, very stressful being
- 22:52like should I go to this event or should I stay at my desk and
- 22:54work? What's going to be better?
- 22:57In terms of wrapping up and closing any other words of
- 23:03wisdom that you would have for female Founders or female CEOs
- 23:07that are just thinking about starting up, or should I
- 23:10shouldn't I? Yes.
- 23:13So I would say, definitely, D to raise kind of money.
- 23:28I believe there is a 1% increase in funding and yes, you this is
- 23:32like that. There's more well companies as a
- 23:35kind of pattern recognition and there's a personal company.
- 23:37So we need more female Founders to build businesses and sell
- 23:41them and make them so that there's kind of more money being
- 23:46invested into female businesses. I'd say definitely kind of asked
- 23:51but don't be afraid to ask people for help and everyone
- 23:54actually really does want to help out young founders.
- 23:57He's a particular female Founders, and that's something
- 23:59really, really need to be able to leverage when you, when
- 24:03you're starting out, please go of them.
- 24:08Yeah. I I agree.
- 24:10I do believe the world needs more Founders and female
- 24:12Founders. I think parities always a good
- 24:15thing to go for and I and specially from an investment
- 24:18perspective, I think the world would be a better place it
- 24:21region. Thank you for carving some time
- 24:23out. I know it's hectic, being a CEO
- 24:26and running your own. Our own team and running a
- 24:28business. I really do appreciate you
- 24:30giving us your time, and I look forward to seeing the growth of
- 24:33Q Deanie. Thank you so much and it's been
- 24:36great. Thank you.
- 24:40A global conversation hosted by Alex, rezze Van being