cro pros - from e-commerce to me-commerce

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Russell Godin, Retail Strategist 18 August 2016 From eCommerce to MeCommerce

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Page 1: CRO PROS - from e-commerce to ME-commerce

Russell Godin, Retail Strategist

18 August 2016

From eCommerceto MeCommerce

Page 2: CRO PROS - from e-commerce to ME-commerce

From eCommerce to MeCommerce

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My retail journey…….

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So when we go online…….

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Click and Collect

Payment Gateway

BannerDelivery

Logistics

Search

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How do you create a seamless experience in all channels?

Page 17: CRO PROS - from e-commerce to ME-commerce

eCom

mer

ce

Mar

ketin

g

IT

Prod

uct

Dig

ital

Logi

stic

s

Customer Experience

BRAND

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• Global• Hyper-relevant• Personal• Omnichannel• Contextual• Integrated• Seamless• Engaged

Experience

=Context

x• Device• Channel• Language• Location• Activity• Date/Time

Data• Customer Profile• Purchase History• Demographic• Industry• Downloads• Social Media • Customer Support

Content

+• Video• Blogs• Case Studies• Catalogues• Landing Pages• Microsites• Social Posts• Whitepapers

Digital DiscoveryDigital InspirationImmersive Digital

ExperienceDigital Retail Therapy

Digital Theatre

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More than 1/3 of retailers do not invest in expertise

to capitalize on personalization and

merchandising

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A Customer’s Journey in the Digital Theatre

Contextual Web Experience

Targeted Follow Up

Social Media EngagementPersonalised Campaigns

Personalised Web Experience

Store Experience

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Content Meets Commerce

Understand your customer

Surprise and delight your

customer with the right content in the right moment in all

channels

Drive conversion and customer

advocacy

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Waitrose

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Search – Predictive & Suggestive

Keyword Matches

Suggested Products

Inventory > X

Suggested Content

Online Bestsellers

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Search – Predictive & Suggestive

Keyword Matches

Suggested Products

Customer Reviews

Margin

Store Locations

Stock availability

Page 25: CRO PROS - from e-commerce to ME-commerce

Search – Predictive & Suggestive

Keyword Matches

Suggested Products

Customer Reviews

Margin

Store Locations

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Enabling Retailers and Brands to Work Together

Modified navigation to remove Cartier brand to ensure exclusivity

Dedicated shop in shop experienced

triggered by search terms

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Data-driven Merchandising

Driven by exclusivity and newness

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Personalization & Recommendations

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Profile• Leading UK wine retailer• 208 stores• 1.3 million customers• 11.4% sales online

Requirements:• Single view of customer• Understand customer preferences• Seamless in-store, online, mobile experiences• Deliver ‘local’ offering online

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30 FREDHOPPER

Online merchandizing to increase conversionsCampaign segmentation through audience insight

End to end journeys optimized for the individual

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The digital divide-The gap between consumers’ digital behaviors and expectations and retailers ability to deliver the desired experiences

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Remain Engaged Throughout the Shopper’s Journey

Referred to eCommerce site from Pinterest

Lands on the vintage section

Filters on “Color”

Selects “retro jeans”

Creates wishlist

Consumer checks the

reviews

Select products are promoted

Signs up to receive deals Non-relevant items are hidden from

consumer in navigation

Unknown UnderstoodIdentified as“Retro Girl”

Targeted with a profile rule to contextualize next visit

Receives and opens the targeted email

Website experience (video) tailored based on historic browsing data and profile data

Decides to buys the product

Finishes the checkout process

Shares her experience on Pinterest and we reward her

Receives confirmation email

Confirmationemail send

Understood Known

Known Customer

Customer Advocate

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73% of consumers prefer to do business with brands who use personal information

to make their experience more

relevant

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What if you could ensure your customers buy the products they didn’t yet know they wanted?

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It’s Time to Make Online Selling More Like Retail Therapy

Drive customer behavior through Discovery (not just search) and Telling Stories

(not just navigation)

And profit from it

Take control of the Customer’s

Imagination (not just targeted

selling & merchandising)

Make the customer

experience more Inspiring (not just relevant),

across the Retail Theater (not

just channels and markets)

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“You’ve got to start with the customer experience and work

back toward the technology – not the other way around”

(Steve Jobs)

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Russell GodinE – [email protected] – 0405 435 543