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CANADIAN TIRE
MARKET
-Competitive market including a large scale of positioning (Home Depot, Wal-Mart, Sears…).
MARKET
-Competitive market including a large scale of positioning (Home Depot, Wal-Mart, Sears…).
-Industry’s profits increase slowly thanks to the enhancement of the store’s performances
MARKET
-Many actors are challenging prices -> It’s a key heading the consumer choice’s process
-Competitive market including a large scale of positioning (Home Depot, Wal-Mart, Sears…).
-Industry’s profits increase slowly thanks to the enhancement of the store’s performances
MARKET
-A new actor: Target is shifting the retail landscape from price competition to brand war.
-Many actors are challenging prices -> It’s a key heading the consumer choice’s process
-Competitive market including a large scale of positioning (Home Depot, Wal-Mart, Sears…).
-Industry’s profits increase slowly thanks to the enhancement of the store’s performances
BRAND
-Canadian Tire is a major and historic actor. 50% of Canadians shop in store each month
BRAND
-Canadian Tire is a major and historic actor. 50% of Canadians shop in store each month
-The large ladder of product categories (recent investments in sport) allow to make new profits
BRAND
-Canadian Tire is a major and historic actor. 50% of Canadians shop in store each month
-The large ladder of product categories (recent investments in sport) allow to make new profits
-TC strategy is running toward a brand affect reinforcement and city stores (express) reorganization
The product categories of Canadian Tire may have a tough tradeoff process (ways and length) mixing criterions such as price, store location, product quality, brand reviews, loyalty…
THREATS
THREATS
-Target store installation is challenging Canadian Tire areas
TC won’t loose customer. It will loose trips.
SUM UP
-A competitive market welcoming an new big actor-An immense pie to share with consumer more and more aware of comparative ways-An historic brand involved in the Canadian culture but not exciting anymore (for the next gen)
PROBLEM
How digital channelsAre able to reawaken the brand appealIn order to keep Canadian Tire in the radar of the “working young adult”?
A large part of Canadian’s population get a daily internet use.
More than 25 millions Canadian are engaged online.Nearly 100% of Internet users in Canada access the Internet every day
Source: ComScore, Digital Focus on Canada, 2012
AUDIENCE
A surprising [high] consumption of online video.
Source: ComScore, Digital Focus on Canada, 2012
AUDIENCE
Canadians definitely enjoy entertainment more than all other categories
Source: ComScore, Digital Focus on Canada, 2012
AUDIENCE
BUY IN SHOP
Though Canadian are mostly connected, we have to assume the low rate of online purchase
Source: IAB / TNS / Google, 2012
ONLINE SCAN
But Internet is the absolute channel to research information about brands and products, especially for millennial generation
70% of consumers say they look at product reviews before making a purchase.79% of consumers say they use a smartphone to help with shopping.51% of millennials consult 4 or more source when deciding wich product purchase
Source: Google ZMOT, not specific to Canada
DIY, Garden
FurnitureCar parts & accessoires
Canadians do research before to shop
Source: IAB / TNS / Google, 2012
ONLINE SCAN
But, the queries are out of the Canadian Tire ecosystem
82% of consumers use Search Engine. 62% use store website.
Source: Google & Compete study, 2012, not specific to Canada
ONLINE SCAN
MOBILITY
Smartphone owners are still low but the penetration rose by 17pt (between 2011 and 2012)
Source: ComScore, Digital Focus on Canada, 2012
The adoption of smartphones is significantly higher among Canadians 18 to 34 years old (69%), And more particularly among those 18 to 24 years old (72%).
Mobility involves to be more flexible while the buying journey.
Source: OurMobilePlanet, 2012Google In Store Research, not specific to Canada
Home
On-the-go
Work
In a store
TTC
58% look for a direction/location57% look for hours44% to make price comparisons
MOBILITY
Source: Google In Store Research, not specific to CanadaComScore, 2012, Canada Digital focus
Mobility involves to interact with the customer in store
84% of smartphone shoppers use their devices to help shop while in a store30% smartphone owners took a picture of product26% texted or called friends/familly about a product10% compared product prices
MOBILITY
Trends and Audience
Sum up
-The smart phone penetration is still low but offer great opportunities regarding the ownership rate in the 18-35 range
-Canadians don’t buy online, but they do research for theirs pre-shopping activities
-Canadian have a high use of Internet, especially video content; they watch a lot of entertainment
RECOMMANDATION
Enjoy the ride
Sidetracking initial non-branded searches to a video contentUse mobile IP targeting to run toward a functional content (hours, directions..)Use store opportunity to adding experience in the consumer journey through mobile devices (Qr code, short url…)*
*Solutions have to be flexible. Keep in mind the he company’s independent—and bureaucratic—dealer ownership model
Enjoy the ride-Get each need while every steps of the buying process
Functional content
Video/brand content
Storeinteraction
RECOMMANDATION
INSPIRATION
ICA sitcom, in Sweden. Since 2002, the brand has made commercials as TV-shows. Short and humoristic format with consistent story to push price and service of the retailer.It’s now a part of Swedish culture.
INSPIRATION
Adidas has used adwords to make easier the store location. We have to assume people’s researches are non-branded.
INSPIRATION
Many brands have involved digital in store by different ways and supports. Offering tools which respond to the consumer queries can shorten the purchasing process.
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