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Salesforce solutions for the retail industry: what does it offer for asian retailers?

According to Bain & Company, executive teams from large retail companies across Asia are grappling with key challenges such as overcapacity and intensified competition, transitioning from “growth at all costs” to profitable growth, and securing returns on investments in technology and data. Asia’s retail landscape has become fiercely competitive, fueled by rapid e-commerce growth, evolving consumer behaviors, and the post-pandemic market recovery.

In a region where digital adoption is accelerating and consumers are becoming increasingly tech-savvy, the retail industry faces growing complexity. Asian consumers are more connected and informed than ever, expecting personalized, seamless experiences across both online and offline channels. This demands continuous innovation from retailers to stay competitive.

Published on 16/09/2024

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To thrive in today’s dynamic retail environment, many leading brands in Asia are turning to Salesforce solutions. These tools enhance customer engagement, streamline operations, and provide a competitive edge.

Salesforce retail solutions in the asian context

Salesforce for Retail offers an extensive suite of tools tailored to meet the rapidly evolving needs of customers in Asia. Retailers can create unified experiences across web, mobile, and physical stores. This seamless customer journey is crucial in a region where omnichannel shopping has become the norm. Salesforce also provides retailers with deeper insights into customer preferences, purchasing behavior, and loyalty trends—key factors in succeeding within Asia’s culturally diverse markets.

Key solutions tailored for asian retailers

Salesforce’s retail solutions focus on three primary objectives:

  1. Engaging customers across popular Asian social media platforms and messaging apps like WeChat, LINE, and KakaoTalk, as well as global platforms such as Instagram, Facebook, and TikTok.
  2. Attracting, acquiring, and retaining customers in markets where loyalty can be challenging to maintain.
  3. Reimagining physical stores and the retail workforce in the context of the omnichannel experience.

To achieve these goals, Salesforce provides a set of essential tools aligned with the needs of Asian retailers:

  • Commerce Cloud: Enables the creation of localized e-commerce experiences, supporting various currencies and payment methods critical for the region’s diverse markets.
  • Marketing Cloud: Powers highly personalized, region-specific marketing campaigns, particularly through channels like SMS, email, and mobile push notifications, which are popular in Asia.
  • Sales Cloud: Optimizes sales processes across fragmented markets, managing multiple channels, distributors, and vendors typical in Asia.
  • Service Cloud: Delivers top-notch customer service via popular messaging apps like WhatsApp and WeChat, widely used across Asia.
  • Einstein AI: Offers predictive analytics, helping retailers fine-tune product recommendations and marketing strategies based on local consumer behaviors.
  • Salesforce POS: Integrates physical stores with online platforms, streamlining orders and managing customer data efficiently.
  • Salesforce CPQ: Simplifies the quoting process for B2B retailers, particularly useful in wholesale markets.
  • Order Management: Centralizes order fulfillment and inventory management, essential for managing cross-border logistics in Asia.
  • Loyalty Management: Creates flexible loyalty programs, customized for local preferences, vital in markets where loyalty is a key differentiator.
  • MuleSoft Anypoint Platform: Facilitates smooth integration across the supply chain, helpful for managing suppliers and partners in different countries.

Addressing specific challenges for Asian retailers

Retailers in Asia face unique challenges, from diverse consumer preferences to complex logistics. Salesforce’s solutions directly address these issues:

  • Localized Customer Engagement: Salesforce integrates with platforms like WeChat and LINE, allowing retailers to engage with consumers through their preferred communication channels.
  • Omnichannel Excellence: Solutions like Commerce Cloud and Salesforce POS enable businesses to synchronize online and offline stores, ensuring a smooth transition between platforms.
  • Cultural Relevance: AI-driven insights from tools like Einstein and Tableau help retailers create marketing strategies tailored to specific markets, whether it’s adjusting for local holidays or product preferences.
  • Cross-Border Commerce: Salesforce’s Order Management and MuleSoft Anypoint Platform simplify logistics, taxation, and inventory management across Asia’s diverse countries.
  • Mobile-First Strategy: Given the high reliance on mobile shopping in Asia, Salesforce’s mobile-optimized solutions ensure exceptional experiences, from personalized offers to checkout processes.

Benefits for Asian retailers using Salesforce

Salesforce retail solutions offer several advantages to Asian retailers, including:

  • Enhanced Customer Loyalty: AI-powered personalization and region-specific loyalty programs help retailers retain customers in competitive markets.
  • Operational Efficiency: Automation capabilities streamline operations, from inventory control to customer service, reducing costs and boosting productivity.
  • Data-Driven Decisions: Real-time insights enable retailers to understand market trends better, allowing for more informed decisions on product launches and pricing strategies.
  • Scalability Across Markets: Salesforce’s flexible platform helps businesses scale across countries, catering to the unique demands of each region while ensuring consistent customer experiences.
 

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