Lightworks Iray + Photorealistic Interactive 3D-Online, In ......Lightworks Iray + Photorealistic...

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WELCOME

INCREASE TRAFFIC & REVENUE:LIGHTWORKS Iray+ PHOTOREALISTIC INTERACTIVE 3D-ONLINE, IN-

STORE POS DIGITAL CONFIGURATORS

DAVE COLDRONPRODUCT DIRECTOR

BEN WIDDOWSONPRE-SALES CONSULTANT

AGENDAWHAT WE’D LIKE TO SHARE WITH YOU TODAY

● The growing trend of customer personalisation

● The business challenges of personalised purchases

● Two case studies from luxury markets

● Lightworks’ solution to these challenges

HOW TO SHARE DIGITAL ASSETS ACROSS WORKFLOW

HOW TO INCREASE SALESHOW TO DELIVER

CUSTOMERPERSONALISATION

PRODUCT MANUFACTURERS FACE MANY CHALLENGES DAILY

INCREASING DEMAND FOR PERSONALISATION

“70% of product strategists want to offer customised products.”

Forrester Research Oct 2011

“Customers are willing to spend at least 25% more to get products built

specifically to their needs.”

The NPD Group Nov 2011

“35% of U.S. online customers are interested in personalising product features or in purchasing build-to-

order products.”

Mashable 2011

MAKING IT PERSONAL MATTERS

TODAYCONFIGURATORS ARE LIMITED

● 2D image based only

● Fixed predefined views (top, side, …)

● Not photo realistic

● Limited options that can be presented

Iray+CONFIGURATORS ARE LIMITLESS

• Completely scalable (CPU, single GPU, Multiple GPU, Cluster, Cloud)

• 3 engines offer different levels of interactivity/accuracy

• Consistent material representation throughout

• Workflow tailored to users requirements

CASE STUDYJEWELLERY

WHAT CONSTITUTES A PERSONALISED PURCHASE?

PERSONALISATION✓ Diamond colour

✓ Diamond cut

✓ Carat size

✓ Ring material

WHAT % OF YOUR SALES ARE PERSONALISED?

MOST PERSONALISED PURCHASES ARE NON-ROUTINE

COSTS OF PERSONALISED PURCHASES

● Dilutes brand as pieces stray from original design● Additional consultation time (2-3 weeks)● Non-standard manufacture

THE IMPACT OF PERSONALISED PURCHASES

MYSTERY SHOPPINGCRITERIA FOR TARGETING THE JEWELLERS

● Operate at least one physical store

● Offer a luxury customer experience

● Offer some limited eCommerce

THE FACTS

32%OFFERED A DRINK

2PEOPLE SERVING

30MINUTES SPENTIN STORE

12DAYS TO RETURN DESIGNS

EXAMPLE CUSTOMER JOURNEY

ARRIVE AT STORE 1 HOUR CONSULTATION

2 WEEK WAIT FOR DESIGNS LOST SALE

CUSTOMERS LEAVE YOUR STORE AND WAIT 2 WEEKS FOR DESIGNS

96%OF CUSTOMERS DON’T COMPLAIN.

THEY WILL SIMPLY LEAVE AND NEVER COME BACK1Financial Training services.

HOW DOES THIS BREAK DOWN FOR ONE STORE?

100PEOPLE VISIT EACHSTORE PER WEEK

20PEOPLE ARE INTERESTED

IN BUYING

5PEOPLE ARE INTERESTED

IN PERSONALISING

27PEOPLE ACROSSYOUR 9 STORES

HOW DOES THIS SCALE ACROSS YOUR BUSINESS?

2PEOPLE PURCHASE THEIR PERSONALISED PRODUCT

3PEOPLE DON’T

$11mPER YEAR

$8.3kIS THE AVERAGE PRODUCT

PURCHASE PRICE

$224kPER WEEK IN LOST SALES

WHAT IS THE COST OF DOING NOTHING?

THE COST OF DOING NOTHING

DOING NOTHING WILL COST

$224kTHIS WEEK.

AND NEXT WEEK. AND THE NEXT WEEK.

CONTROLLED PERSONALISATION

THE GOAL• Reduce the lead time for the sales process

• Increase conversion of personalised purchases

• Limit the options for personalisation

WHAT WILL SUCCESS LOOK LIKE?

IF YOU SOLD 1 EXTRA ITEM PER WEEK FROMA PILOT IN 1 STORE YOU COULD GENERATE

$430KADDITIONAL REVENUE IN YEAR 1

THE SOLUTION

Iray+✓ Interactive in-store configurator

✓ Personalised customer brochure at point of sale

✓ Personalised customer mini-site for follow ups

THE SOLUTION

Why Iray+ ?✓ Photo-real accuracy

✓ What you see is what you get

✓ Consistent look

DEMO

CASE STUDYHIGH-END AUTOMOTIVE TUNING

PERSONALISATION✓ Exterior

✓ Interior

✓ Alloys & Wheels

✓ Performance

WHAT CONSTITUTES A PERSONALISED PURCHASE?

WHAT PERCENTAGE OF YOUR SALES ARE PERSONALISED?

FEATURES OF PERSONALISED PURCHASES

● Customer won’t see the customisation till it’s made● Additional consultation time (~6 weeks)● Non-standard manufacture

MOST PERSONALISED PURCHASES ARE NON ROUTINE

CUSTOMERS LEAVE THE DEALERSHIP AND HAVE TO WAIT FOR DESIGNS

96%OF CUSTOMERS DON’T COMPLAIN.

THEY WILL SIMPLY LEAVE AND NEVER COME BACK1Financial Training services.

100PEOPLE VISIT EACH

DEALERSHIP PER WEEK

3PEOPLE ARE INTERESTED

IN BUYING

HOW DOES THIS BREAK DOWN FOR ONE DEALERSHIP?

2 PEOPLE BUY BUT

1PERSON DOESN’T

$400kPER WEEK IN LOST SALES

16PEOPLE ACROSS

YOUR 16 DEALERSHIPS

$25kIS THE AVERAGE PRODUCT

PURCHASE PRICE

HOW DOES THIS SCALE ACROSS YOUR BUSINESS?

$20.8mPER YEAR

THE COST OVER 12 MONTHS

THE GOAL✓ Increase conversion of personalised purchases

✓ Grow brand and ensure cars are instantly recognisable

✓ Continue delivering a personalised customer experience

✓ Limit the options for personalisation

✓ Reduce the lead time for the sales process

CONTROLLED PERSONALISATION

IF THIS PROJECT COULD GENERATE JUST 2 EXTRA SALES PER MONTHIN 1 SHOWROOM IN YEAR 1 THAT WOULD BE

$600k

WHAT WILL SUCCESS LOOK LIKE?

THE SOLUTION

Why Iray+ ?✓ Photo-real accuracy

✓ What you see is what you get

✓ Consistent look

THE SOLUTION

Deliverables✓ Interactive On-line configurator

✓ Personalised customer brochure at point of sale

✓ Personalised customer mini-site for follow ups

✓ Parts list for dealerships

DEMO

SOLUTIONA browser based configuration system

INTERACT WITH MODEL USING WEBGLRENDER USING IRAY+ ON AMAZON CLOUD

• No plug-ins required

• Light model download

• Fast interaction on any device

• High quality images delivered in seconds

Iray+

HTML5 Web browser

ON LOAD – LOW-RES MODEL DOWNLOADED FROM SERVERRendered in browser using WebGL

HTML5 Web browser

Iray+

CHANGE VIEW/MATERIAL/GEOMETRY USING UI Message sent to iray+ on the server

HTML5 Web browser

Iray+

RAYTRACE IMAGE ON SERVERPass image back to browser and overlay webGL

HIGH QUALITY IMAGESGENERATED ON-THE-FLY

BROCHURE IMAGESFROM THE SAME DATASET

Iray+THE ENGINE DRIVING ...

● POS showroom based configurators

● Online configurators

● High quality CG images

Iray+ ADVANTAGES● Runs on CPU & GPU

● Scales linearly across multiple GPUs

● Seamless access to 3 render algorithms

● Highly accurate

SAVE ON CREATION COSTS● Set up all your materials once

● Create your pipeline and preferred lighting setups

● Push your models through the pipeline

● Auto create configurators based on simple rules

CUSTOMISED WORKFLOWS● Don’t be bound by the same workflow as everyone else.

● With Iray+ you can tailor the experience and make it your own.

● Tell us what you need.

OPTIONS FOR ALLEXPERIENCE TYPES● Production Quality Visualisation

● Fast Interactive Visualisation

● Real-time Visualisation

● All consistent, scalable, high quality experiences

CONCLUSIONS● Trend towards high quality live visualisations

● Interactive raytracing allows more freedom and true customisation

● Reduces creation costs

● Adds to the buying experience in a natural way

● Drives more sales from your sites to dealer

● Closes more deals on the first visit to the dealer

VISIT US AT STAND 911

THANKYOU

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