Future of Commerce in 2030 Contest Ended

Imagine the future of commerce in the year 2030

Contest ended on October 12, 2016
Illustration - Creative Writing

The world has changed dramatically in the last 15 years driven by globalization, new technologies, and unique business models. Since 2000 the global population has grown by nearly 1.2 billion people. Smartphones were developed and now 2.5 billion people use them each day.

What was once a straightforward and simple process (use cash to purchase items) is now very often a complex journey involving several retailors, digital platforms, and financial institutions. Capital intensive transactions such as buying a house or a new car are also experiencing dramatic change with the rise of the sharing economy.

Our client is a financial services company who wants to understand how to create products and services that will be essential for customers in 2030. In that context, what types of financial products and services will you need, why do you need them, and how will you use them?

Help us envision the future of commerce! Tell us the story of your future world when buying, selling, and trading things – both expensive items (housing, transport, business equipment) and everyday items (groceries, clothing, consumer products).

Format: Presentation of 3 pages maximum with visuals, text and answers to the 4 questions.