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Social Shopping 3.0 s-Commerce Beyond the “Like” Button
Consumers Have Jumped All Over The Social Shopping “Bandwagon” 51% considered information shared on their networks when making a purchase decision--eMarketer The average consumer mentions specific brands over 90 times per week -Keller Fay, WOMMA 81% received advice from friends about a purchase through a social site  --Click Z By 2014, 53% of total retail sales will be affected by the Web --Forrester 74% who received such advice found it to be influential in their decision --Click Z
The Crowd Has Spoken  Social Shopping 1.0
Huge Social Networks Forever Changed Online Behaviors
User Reviews Took Hold
The Lure of the Crowd Sent Deep Daily Discounts Viral
The Lure of the Crowd Sent Deep Daily Discounts Viral
The “Like” Button Became Ubiquitous
41% of people ‘like’ pages to show friends brands they support. Facebook users spend over 700 Billion minutes per month there. The average Facebook fan is worth $136.38 to a brand annually. The top 10 brands on Facebook added 115 Million fans in 2010. Facebook shoppers have 7%-10% larger shopping carts. The Facebook Effect
Social Shopping 2.0 Beyond Facebook
40% 1,200% of Facebook and Twitter users scanned QR codes 5x in past 12 months Increase in QR code scans between July & December 2010 Source: Mobio Identity Systems QR Codes Hit the Big Time
24% 41 MILLION of all Yelp reviews are in the “shopping” category monthly visitors to Yelp Source: Yelp Yelp Puts the Crowd (and their Smartphones) to Work
26% 10% 63% have used a service that automatically determines their location use mobile location services at least once a week iPhone owners use location services at least once a week  Source: Mobile Marketing Association Location Sharing Gains Traction
60M social gamers in the United States 53% of social gamers are women $200 estimated annual spend per player Source: NPD Group  The Face of Gaming is Changing
Open a New Location? $0.00 $0.00 $0.00 Labor Real Estate Utilities Mobile AR Retail Apps Appear on the Scene
While Social Shopping May Pose Threats…
…Social Shopping Also Represents Great Opportunity
Our “SoMoLo” Shopper… Patti Harney RedPrairie Product Strategist 25 Years in Retail/Technology Evaluating Early Attempts to Capture the Opportunity Diary of A Social, Mobile,and Local Shopper
[object Object]
Linked to a bar code coupon to scan at POS Cashier & others were unfamiliar with the program; the coupon did not scan ,[object Object],RESULT Patti tried again two weeks later, and all worked as advertised, and she made another purchase.  Mobile Coupon: Save on Avatar DVD, Video Games, Pet Food, & more.  Click Here: http://target.mobi/c?p=DHKX9P5-DKS6B29-IPNTU Msg & data rates apply Mobile Coupons at Target
[object Object]
$10 for a referred 1st time buy
$10 for 3 referrals on a single offer
Easily post offer to social sitesRESULT After Patti posted the offer on FB, she received a $20 reward for two referrals! Special Social Offers from a Local Business
[object Object]
Was notified of a “Special Here”
Offered 30% off one itemRESULT She made a purchase when she hadn’t even planned on entering the store! The Gap and Foursquare
[object Object]
Offered Friends & Family 25% off
Showed cashier her phone offer and mentioned Friends & Family DiscountRESULT She did some buying! Micro-Local (Inside Macy’s) with Shopkick
[object Object]
Foursquare – offers upon check-in
Shopkick – different offer upon check-in
Facebook – special deal upon check-inRESULT Patti and her niece went shoppingand took advantage of all three offers! Combining LBS and Social Networks at American Eagle
Beware of the “Specials Nearby”
[object Object]
Posted her thoughts that she ‘Likes’
Friends read & commentedRESULT The bakery got publicity and Patti received a thank you in FB with 2 free cupcakes! Facebook Pays Off for a Local Bakery
 Game rewards offered for   product placement on farms: Stouffer’s  McDonald’s  Farmer’s Insurance  Amex Centurion Statue RESULT Patti placed the promo items onher farm and gladly collected her FV rewards! Product Placement: More than Fun and Games
[object Object]
Scanned codes and displayed useful product & purchasing information
Availability > Specs > ReviewsQR Codes at Best Buy Enhance Store Shopping
Social Shopping 3.0 Six Steps to Leveraging the Crowd to Drive Engagement and Revenue…
1. BRING YOUR PRODUCTS TO SOCIAL SITES
1,000 TransactionsEvery Day
2. NURTURE THE CHANNEL AS A DESTINATION
3. MAKE IT EASY FOR FRIENDS TO SHOP TOGETHER
4. CREATE YOUR OWNPOWER INFLUENCERS

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Social Shopping 3.0: Beyond the Like Button

  • 1. Social Shopping 3.0 s-Commerce Beyond the “Like” Button
  • 2. Consumers Have Jumped All Over The Social Shopping “Bandwagon” 51% considered information shared on their networks when making a purchase decision--eMarketer The average consumer mentions specific brands over 90 times per week -Keller Fay, WOMMA 81% received advice from friends about a purchase through a social site --Click Z By 2014, 53% of total retail sales will be affected by the Web --Forrester 74% who received such advice found it to be influential in their decision --Click Z
  • 3. The Crowd Has Spoken Social Shopping 1.0
  • 4. Huge Social Networks Forever Changed Online Behaviors
  • 6. The Lure of the Crowd Sent Deep Daily Discounts Viral
  • 7. The Lure of the Crowd Sent Deep Daily Discounts Viral
  • 8. The “Like” Button Became Ubiquitous
  • 9. 41% of people ‘like’ pages to show friends brands they support. Facebook users spend over 700 Billion minutes per month there. The average Facebook fan is worth $136.38 to a brand annually. The top 10 brands on Facebook added 115 Million fans in 2010. Facebook shoppers have 7%-10% larger shopping carts. The Facebook Effect
  • 10. Social Shopping 2.0 Beyond Facebook
  • 11. 40% 1,200% of Facebook and Twitter users scanned QR codes 5x in past 12 months Increase in QR code scans between July & December 2010 Source: Mobio Identity Systems QR Codes Hit the Big Time
  • 12. 24% 41 MILLION of all Yelp reviews are in the “shopping” category monthly visitors to Yelp Source: Yelp Yelp Puts the Crowd (and their Smartphones) to Work
  • 13. 26% 10% 63% have used a service that automatically determines their location use mobile location services at least once a week iPhone owners use location services at least once a week Source: Mobile Marketing Association Location Sharing Gains Traction
  • 14. 60M social gamers in the United States 53% of social gamers are women $200 estimated annual spend per player Source: NPD Group The Face of Gaming is Changing
  • 15. Open a New Location? $0.00 $0.00 $0.00 Labor Real Estate Utilities Mobile AR Retail Apps Appear on the Scene
  • 16. While Social Shopping May Pose Threats…
  • 17. …Social Shopping Also Represents Great Opportunity
  • 18. Our “SoMoLo” Shopper… Patti Harney RedPrairie Product Strategist 25 Years in Retail/Technology Evaluating Early Attempts to Capture the Opportunity Diary of A Social, Mobile,and Local Shopper
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  • 22. $10 for a referred 1st time buy
  • 23. $10 for 3 referrals on a single offer
  • 24. Easily post offer to social sitesRESULT After Patti posted the offer on FB, she received a $20 reward for two referrals! Special Social Offers from a Local Business
  • 25.
  • 26. Was notified of a “Special Here”
  • 27. Offered 30% off one itemRESULT She made a purchase when she hadn’t even planned on entering the store! The Gap and Foursquare
  • 28.
  • 29. Offered Friends & Family 25% off
  • 30. Showed cashier her phone offer and mentioned Friends & Family DiscountRESULT She did some buying! Micro-Local (Inside Macy’s) with Shopkick
  • 31.
  • 32. Foursquare – offers upon check-in
  • 33. Shopkick – different offer upon check-in
  • 34. Facebook – special deal upon check-inRESULT Patti and her niece went shoppingand took advantage of all three offers! Combining LBS and Social Networks at American Eagle
  • 35. Beware of the “Specials Nearby”
  • 36.
  • 37. Posted her thoughts that she ‘Likes’
  • 38. Friends read & commentedRESULT The bakery got publicity and Patti received a thank you in FB with 2 free cupcakes! Facebook Pays Off for a Local Bakery
  • 39. Game rewards offered for product placement on farms: Stouffer’s McDonald’s Farmer’s Insurance Amex Centurion Statue RESULT Patti placed the promo items onher farm and gladly collected her FV rewards! Product Placement: More than Fun and Games
  • 40.
  • 41. Scanned codes and displayed useful product & purchasing information
  • 42. Availability > Specs > ReviewsQR Codes at Best Buy Enhance Store Shopping
  • 43. Social Shopping 3.0 Six Steps to Leveraging the Crowd to Drive Engagement and Revenue…
  • 44. 1. BRING YOUR PRODUCTS TO SOCIAL SITES
  • 45.
  • 47. 2. NURTURE THE CHANNEL AS A DESTINATION
  • 48.
  • 49. 3. MAKE IT EASY FOR FRIENDS TO SHOP TOGETHER
  • 50.
  • 51. 4. CREATE YOUR OWNPOWER INFLUENCERS
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  • 57. Whenever a player is near an H&M location, virtual goods from the new Blues collection will appear in the game
  • 58. Players can review the product details of the items, and if they check in an item, they earn game bonus points.
  • 59. Players also receive discounts and promotions for real goods available in nearby stores, and points for scanning in-store product bar codes.
  • 60. Players can review the product details of the items, and if they check in an item, they earn game bonus points. Whenever a player is near an H&M location, virtual goods from the new Blues collection will appear in the game -10.6M Branded Impressions -700,000 Online Check-ins -350,000 In-store Check-ins Players also receive discounts and promotions for real goods available in nearby stores, and points for scanning in-store product bar codes.
  • 61. 6. BRING SOCIAL GRAPHS TO YOUR PRODUCTS
  • 62.
  • 64. Getting Started You simply have to be there. Everybody else is (or soon will be). And your customers expect it. Communicate the programs clearly.To customers and employees. Then build in back-up plans. Design programs that deliver value.Shoppers will engage, but you must reward them with content that helps them shop (and helps you close the sale). Evaluate QR Codes: they can be valuable tools.They make it easy to deliver “conversion content” to the phone. Monitor, monitor, monitor!Customers expect fast responses. Don’t disappoint them. Have tolerance for trial and error.Not everything will work the first time. Count on it. Evaluate Your Platform.Is it agile? Will it extend as new channels emerge?
  • 65. All-Channel Commerce Call Center ClientelingStore Portal Store KioskDigital Signage m-Commerce Pocket Kiosk Social ShoppingTweet Desk Brand_A.comBrand_B.comB2B.com Payment Processing Tax Address Validation Fraud Check WMS Merchandising Customer Catalog & Content Pricing & Promotions Orders Inventory Gift Registry IntegratedSystems/Services Partners andAffiliates Blue Martini Commerce Platform Blue Martini Order Processor · · CONNECTED EVERYWHERE ADAPTIVE Warehouses Suppliers & 3PL Stores

Notes de l'éditeur

  1. Loss of Brand Control Negative Comments Greater Competition
  2. Customer Insight Acquisition Engagement Trend Spotting