189 – Stephan Schambach of Newstore – Mobilizing Integrated Retail

Integrating stores into mobile ecommerce with Newstore…

Stephen Schambach, Founder and CEO of Newstore (a mobile first retail platform that integrates the stores – bio), joins Pavan Bahl, Rob Sanchez, and Marc Raco on location in Las Vegas for Shoptalk 2017. This episode is powered by Olapic.

Breaking news, genesis of Newstore, and what luxury customer want

Schambach shares breaking news about completion of a highly successful round of fundraising, his experience as a lifetime entrepreneur with companies like Intershop and Demandware, having seen the industry changing due to mobile technology, the need for mobile first and a new approach to ecommerce, all mixed with better customer and digital experiences, and the genesis of the idea for Newstore. How luxury customers no longer willing to sleep at the door for a product and service is critical and a global trend, Newstore’s ability to integrate with back end inventory with a store, and dealing with phantom inventory.

Aligning with tech innovations, Apple Pay, and building in the US

Looking ahead at working with AI and robotics, the relevance of beacon tech, why Apple Pay is so important, tokenizing, whether separate apps work or do they need to be integrated into payment platforms like Apple Pay, who the best fit clients are for Newstore, the approach for developing clients and a touchpoint, how the head of digital fits in, what will be necessary to follow the changing consumer behavior, and why the US is a good place to build new things.

The best seafood, self-educating in Germany, and adventurous eating

Off the Grid Questions cover eating local, the best Boston seafood, adventurous eating, childhood construction, self-educating in Germany, and getting an Executive MBA.

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