Flex your creative genius in retail and win $25,000April 03 2018
Students, tech-stars and budding entrepreneurs in Adelaide who are keen to flex their creative muscles could be in the running to win $25,000 thanks to a new UniSA competition launched this week.
The Retail Game-Changer Challenge, backed by UniSA graduate Shaun Bonétt, the CEO of commercial property company Precision Group, gives local entrepreneurs the chance to revolutionise the shopping experience for consumers.
Participants will design a concept and prototype for a shopping centre information system that helps to bridge the divide between digital and brick-and-mortar retailers.
The winning team will receive $25,000, and more importantly, the chance to pitch their concept to Mr Bonétt for additional financial investment. They will also spend one week at Precision Group with business professionals recognised for their innovation and leadership in the industry.
Founded by UniSA graduate Shaun Bonétt in 1994, just two years after graduation, Precision Group now owns major shopping precincts, high profile and historical commercial sites and hotels across Australia and New Zealand, including the Adelaide Central Plaza.
“Retail stores cannot compete with the internet giants on their terms,” says Mr Bonétt.
“Many retailers and shopping centres around the world are dying because they aren’t connecting with people anymore. People crave service, they want every trip to a store to be an ‘experience,’ and they have a preference towards loyalty.
“A physical experience enhanced by virtual components will beat a virtual experience enhanced by physical sensations any time of the week. If you create an experience that satisfies people’s needs, prioritising human interactions over everything else, then they will keep coming back.
“Our goal is to build an infrastructure that cultivates a seamless digital integration between the two key stakeholders, customers and retailers.”
The aim of the Challenge is to build a system that improves the customer shopping experience and allows retailers to engage more with shoppers.
“We need participants to be truly creative with what information is gathered, what insights can be mined and what services to the customers and tenants can be provided,” says Associate Professor Stewart Von Itzstein, Challenge panel member and UniSA’s Associate Head: Academic Programs, School of Information Technology and Mathematical Sciences.
“We encourage all South Australians to think ‘outside the box’ – what would entice you to shop in-store over online?
“You might be a creative engineer, data scientist, business entrepreneur, marketing guru or analyst, or a team with innovative geniuses from each of these areas.”
“The chance to pitch your innovative concept to one of Australia’s leading business professionals is such an incredible and rare opportunity,” Prof Von Itzstein says.
The competition is created and supported by Precision Group and managed by the University of South Australia. Teams of up to six individuals from all backgrounds are welcome to pitch their concepts, as long as at least one group member is a student currently enrolled in tertiary study in Adelaide.
- Thursday April 5th – Registrations Open
- Tuesday April 10th –Information Session
- Wednesday May 2nd at 5pm – Deadline for submitting applications
- Monday May 7th – Finalists announced
- Thursday May 10th – Competition takes place
Visit the UniSA Media Centre
Follow us on @UniSAnewsroom and www.facebook.com/UniSANewsroom
Don't look to the Academy for enlightened thinking - UniSA Screen Studies lecturer, Dr Stuart Richards gives his v… https://t.co/tQqURk2KgO
Areas of study and research
- Health Research
- Alliance for Research in Exercise, Nutrition and Activity (ARENA)
- Centre for Cancer Biology
- Centre for Drug Discovery and Development
- Centre for Population Health Research
- Centre of Research Excellence for the Prevention of Chronic Conditions in Rural and Remote High Risk Populations
- International Centre for Allied Health Evidence
- Medicine and Device Surveillance CRE
- Quality Use of Medicines and Pharmacy Research Centre
and Social Sciences
- Art, Architecture and Design
- Communication, International Studies and Languages
- Psychology, Social Work and Social Policy
- Hawke Research Institute
- Asia Pacific Centre for Work Health and Safety
- Australian Centre for Child Protection
- Barbara Hardy Institute
- Centre for Research in Education
- Hawke EU Jean Monnet Centre of Excellence
- Centre for Islamic Thought and Education
- International Centre for Muslim and non-Muslim Understanding
- Research Centre for Languages and Cultures
- Zero Waste SA Research Centre for Sustainable Design and Behaviour (sd+b)
IT, Engineering and
- Future Industries Institute
- UniSA College