Retail-as-a-Service (RaaS) is a fast evolving segment of retail which offers new profit streams or the ability to quickly scale a new business or channel. Today, we’re exploring how this model is reshaping the retail landscape. From the growth of global giants like Amazon, Ocado and THG to the rise of supply chain innovators like Shein, we unpack the key drivers behind this trend and what it means for retailers of all sizes. Whether you’re considering adopting RaaS, already a provider, or wondering about the challenges and opportunities that this shift means for your business, this episode will offer valuable insights into the RaaS opportunity.
Listen in to this episode of the Retail Transformation Show podcast to hear:
- Understanding the RaaS business models and how it’s levelling the playing field.
- Gaining insights into the background of RaaS and the market leaders.
- Consider what your response should be in response to the rise of RaaS.
Explore your options with RaaS
Reach out to Oliver Banks on LinkedIn and connect or send a private message with your thoughts and questions. You can also email Oliver on oliver.banks@obandco.uk if you’d like to explore how you can make the most of the rise of Retail as a Service across the industry.
Additional episodes to listen to next
Retail as a Service was one of the new business models featured in episode 311: Beyond The Classic Retail Business Model (part 2) in recognition of the profit opportunities open to the retail sector. Also be sure to check out the Part 1 in episode 310. These episodes also feature new business models like resale, retail media networks and launching owned brands.
Unlocking a new business model like Retail as a Service is a good opportunity to grow profitability. However, it’s unlikely to be an instant overnight success. So perhaps you need to consider how to focus on Uncovering The Path To Retail Profitability in episode 261.
As mentioned in this episode, Amazon were one of the first movers in the Retail as a Service sector with their FBA (Fulfilled by Amazon) proposition for sellers. However, FBA has only been part of Amazon’s success story. Learn more about how Amazon have expanded from a garage based business to a global mega-retailer in episode 257: Unpacking How Amazon Have Expanded.