SlideShare une entreprise Scribd logo
1  sur  32
Building a digital relationship
Hitesh Malhotra
Nykaa
Questions for
today
• Is it possible to build a brand purely through Digital media
?
• What kind of target audiences do you reach out ?
• Does Digital allow deeper and accurate segmentation of
consumers ? How has Nykaa done this ? Have you
modified your creatives to reach out to different segments
?
• How do you measure & track the impact ?
WHO ARE WE?
Nykaa is India’s largest beauty retailer.
Derived from the Sanskrit word ‘Nayaka’ meaning one in the spotlight, Nykaa
endeavors to empower its customers to realize their dreams.
We bring together the best of products along with all the information
customers need to make the right choice for their needs.
WHAT DO WE STAND FOR?
Nykaa rests on
3 ideals
Curation:
our collection of products
Content:
the conversation we have with our
customers
Convenience:
the ease with which customers find and
experience their products
41Million+
Monthly Visits
13 Million+
Unique Visitors
219K
Monthly New
Consumers
71%
Monthly Repeat
Consumers
10Million+
Customer
Database
13Million+
App Downloads
till date
3.7Million+
Monthly active
users
8Mins
Average Time Spent
Per User
1000+
Strong Team
52Million+
Monthly Social
Reach
1300+
Brands
24
Orders Per
Minute
1Million+
Orders Per
Month
1500
Average Order
Value
93
Products Sold Per
Min
Nykaa Dashboard
WHO ARE OUR CUSTOMERS?
32%
43%
25
%
• 27-45yrs old
• Incredibly stylish and knows exactly
what products work for her
• Well educated/ may or may not be
working
• Reads/ writes blogs, excited about
new launches
• Less price-sensitive
• 23-31 yrs old
• A working woman
• Well-educated
• She’s moderately beauty conscious but
has a regime
• Value-sensitive, not discount-driven
• 19-24 yrs old
• Excited about college and her
social life
• Reads blogs, excited about new
launches
• Discount-driven, regular online
shopper
Categories bought online
Other Mentions
1 Grocery
2 Books
3 Home décor
4 Furniture
5 Footwear
6 Stationary
7 Medicines
8 Bags
9 Jewellery
10 Scented candles
Answered 5546
In case of online purchase fashion & apparel and travel tickets follow
beauty and personal care. Notable amongst other mentions are bags,
jewellery and scented candles.
Accessories received a high response for current online purchase.
THE BIGGEST BEAUTY PANEL IN INDIA
Frequency
Purchase
frequency
depends on
deals,
discounts and
offers
Answered 5539
Multiple options could be chosen, hence scores do not sum to 100%
~40% of purchase for beauty and personal care products and fashion & apparel happens monthly.
THE BIGGEST BEAUTY PANEL IN INDIA
• India’s #1 Interactive Beauty Platform for ‘real girl’ influencers
• Smart Content engagement and networking platform where
subscribers can chat with other beauty buffs, share images and
videos, ask and answer beauty related questions, give and seek
advice, discover trends and join conversations on topics of their
interest
• Won 'Best Launch of the Year' at the Content Marketing Summit
and Awards & The ET NOW, Star of The Industry Awards 2018
User generated
content
Brand agnostic
advice
Authentic,
unbiased POV by
real girl influencers
Customer
interactions:
contests &
LIVEs
Expert led
concise videos
Providing beauty solutions and advice, leading to more informed
purchase decisions
650K
Total
Subscribers
15K
Weekly Subscribers
40K
Weekly active
users
12%
Incremental AOV
By Nykaa Network users
54%
% exit to Nykaa
1,500
Organic brand
mentions
37K
Questions
asked
85K
Answers
given
95%
Organic
Answers
THE QUORA OF BEAUTY
Conversations
● We drive strategized conversations on
the Nykaa Network through a few Nykaa
personas that are operated by in-house
beauty advisors.
● Through these accounts we create an
organic buzz about subjects that we
would like to focus on.
● Brands can use this feature to create
exciting pre-launch conversations on the
Nykaa Network.
● Post-launch this property can be used to
generate reviews in favour of the brand.
THE QUORA OF BEAUTY
Questions With The Most Interactions
Skincare Hair
Makeup
THE QUORA OF BEAUTY
43 People searched
on Google
44 People
saw Nykaa
banner while
browsing web
15 People opened Nykaa
emails
24 People saw a
YouTube video
70 People received app push
20 People checked the
social media posts
If we had 100 visitors, each of them got influenced by at least 2 touch points
before they made a purchase.
QUEST FOR BEAUTY IS COMPLICATED..
BEYOND THE LEAD: CONTENT BUILDS LASTING RELATIONSHIPS
Educate Motivate Facilitate
Social Media, Youtube, Beauty Book to CREATE a NEED for beauty & products
MARKETING CHANNELS -
DIY Videos and Posts
NYKAA UNIVERSE -
Blogger Endorsements
ON SITE - User Sourced Curation
BEYOND THE LEAD: CONTENT BUILDS LASTING RELATIONSHIPS
Educate Motivate Facilitate
14
Editor’s pick
Curated Collection
Live Videos
Celeb looks remastered
• Users who add products to cart from
curated stores convert 200% better.
• Users who add products to cart from
expert guides convert 225% better.
Special curations of New Launches, Exclusives, Top Trends
BEYOND THE LEAD: CONTENT BUILDS LASTING RELATIONSHIPS
Educate Motivate Facilitate
Reviews & Ratings from the buyer community, Regime Selector, Ask Experts – Nykaa Network, Product Recommendations
CREATING THE RIGHT CONSUMER PERSONA
Kajal/Lipsticks, Lip Balm
etc.
M1 M2
Compact, Eye shadow, Mascara
etc
M3
Basic to Advance User
Shopper Type
Social Graph
Recency-Frequency-Monitory
Channel
1.6Billion impressions to 52 Million users to move them into the funnel.
MEASURING THE IMPACT OF CONTENT
CREATING VIRALITY THROUGH VIDEOS AND CAMPAIGNS THAT RESONATE WITH THE TARGET
AUDIENCE
18
1.6 M views |810 K Engagements|6.2 K likes
Valentine’s day video #LoveByTheMoment
Garnered more than 5 Million views and 30K
shares – highest ever for any brand in 2019
Men’s Grooming Series with Veer Rajwant Singh
#StopTrollingStartLoving
celebrate, cherish and love
the women around us instead
of subjecting them to
constant judgements.
Nykaa’s 1st Ever Regional
Video for Durga Puja
Nykaa’s Karvachauth
video with a strong
social message
Topical videos Collaborating with Male influencers to capture the male
audience
Creating videos with top digital content creators
https://www.youtube.com/watch?v=8mf_3enKW3Y
https://www.youtube.com/watch?v=YNxipjkMiGE
• Video Views: 3.9 million in 1 Week
• Post Engagement: 2.9 million
• Amount spend on promotion: USD 14.6 k
• Cost per view for the video is USD 0.17 c
• Video Views: 2 Million
• Post Engagement: 2.1 Million
• Amount spend on promotion: USD 6.8 k
• Cost per view for the video is USD 0.35 c
https://www.youtube.com/watch?v=owIXtz25hw0 https://www.facebook.com/MyNykaa/videos/546889759056713/
Nykaa Friendship Day video – engaging friendship day
content created in association with Filtercopy
#CelebrateYou is an emotion
of loving & accepting yourself
for the person you are
without conforming to the
norms of the society.
CONTENT ATTRIBUTES - DIRECT
Jan-Dec 2019
Scope Weight Measurement Benchmark
Retention 28%
Average view duration per video 1.50min
Average% view per video 55%
Content 22%
Organic views per video 75000 / 22% post boosting
Views from suggested videos 8%
Engagement 35%
Views on Nykaa app per video 15000 / >5% of overall views on YT
Average Monthly Reach 35 Million
Average Monthly Click Rate 7%
Average views/month 20 Million
Likes per view: Average likes : dislikes per video 0.1|50|1
Average number of add to playlist per view 0.5%
Average engagement per video per view (Sum of
shares and comments)
2%
Scale 15%
Number of topics/trends to be covered per month 4 (1 per video)
Net revenue from link in description
At least= 20% net production cost of
the video
● Maybelline Superstay Foundation
● NYX Happy Hours
● Guide to colour correction (single clip, Nykaa colour correct palette, creative)
● L’occitane Gift Set
CONTENT ATTRIBUTES - DIRECT
CONTENT ATTRIBUTES - INDIRECT
Visual Cue- 15%
Long Exposure –
5%
Verbal Cues– 20%
Sentiment: 30%
HOW IT ALL SUMS UP
Direct (95%)
Direct (5%)
Indirect (100%)
Depth of
retargeting list
Revenue from
retargeting on first
click
Growth of revenue for
featured brand pre vs.
post campaign tested by
diff. markets
HOW IT ALL SUMS UP
= + +
The performance of content is = Net of direct attributes + Net of indirect attributes + Lift in Sales (pre vs. post)
1. A+ Content = 100% Direct + 100% Indirect + 2% to 5% lift in sales
1. A Content = 90% Direct + 90% Indirect + 1% to 2% lift in sales
1. B+ Content = 100% Direct + 100% Indirect + No lift in sales on a short timeline
1. B Content = 90% Direct + 90% Indirect + No lift in sales on a short timeline
1. C Content = meets none of the above, waste of effort. Needs to be re-examined.
Impact on the Nykaa Cohort
• Consumers make repeat purchase in
the same month of acquisition and
value of this purchase is currently 20%
- 25% of first purchase value
• This trend has increased since after
360 degree marketing deployment
when it was ~10%; shows a stable
pattern now at 20%-25%
Pre strategy
Post strategy
75%
Unpaid Traffic
25%
Paid Traffic
Organic and Direct
traffic, and CRM +
Content Marketing
5% Conversion
AOV 1500
Social Media and Google
and Display
3% Conversion
AOV 1300
CASE STUDY- 360° MARKETING STRATEGY
Photoshoots showcasing streetstyle fashion inspired by the cities
IT Girl Dilli Madras-Kaapi Begum Guwa-Hottie
Bombae Mishti Maharani Khoob-Surat Kudi
Launch – My City, My Colour
360° Marketing Strategy – Instagram Influencers
360° Marketing Strategy – Remarketing
For those who visited
multiple times but
didn’t purchase
For those who asked
questions & read
reviews
Chrome notification and on-
site pop-ups for makeup
visitors who exited the site
without visiting
RESULTS
5 M+
Revenue on the 1st day
3000 units
Of the top shade
‘Bombae’ sold out
INR 2 crores
Net sales in the launch
month
Nominated : Special Abby Gender Sensitive

Contenu connexe

Tendances

Brand Image
Brand ImageBrand Image
Brand Imageair
 
Colgate palmolive the precision toothbrush
Colgate palmolive the precision toothbrushColgate palmolive the precision toothbrush
Colgate palmolive the precision toothbrushRajendra Inani
 
Analysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competitionAnalysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competitionSameer mathur
 
Digital Marketing - Sephora Case
Digital Marketing - Sephora CaseDigital Marketing - Sephora Case
Digital Marketing - Sephora CaseDespina Dogia
 
Loyalty program
Loyalty program   Loyalty program
Loyalty program Tapan Gupta
 
Cunard Line Ltd Harvard Business School Case
Cunard Line Ltd Harvard Business School CaseCunard Line Ltd Harvard Business School Case
Cunard Line Ltd Harvard Business School CaseCA Narinder Jit Singh
 
Subway Brand Analysis presentation
Subway Brand Analysis presentation Subway Brand Analysis presentation
Subway Brand Analysis presentation MuhammadUsmanMohiudd
 
DETAIL ANALYSIS OF BIG BASKET
DETAIL ANALYSIS OF BIG BASKETDETAIL ANALYSIS OF BIG BASKET
DETAIL ANALYSIS OF BIG BASKETsourabh guntur
 
Hubble session 1 case studies
Hubble session 1 case studiesHubble session 1 case studies
Hubble session 1 case studiesSpace IDEAS Hub
 
Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]Jas Singh Bhasin
 
Brand Activation PowerPoint Presentation Slides
Brand Activation PowerPoint Presentation SlidesBrand Activation PowerPoint Presentation Slides
Brand Activation PowerPoint Presentation SlidesSlideTeam
 
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITYLEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITYAvinash Singh
 

Tendances (20)

Brand Image
Brand ImageBrand Image
Brand Image
 
Colgate palmolive the precision toothbrush
Colgate palmolive the precision toothbrushColgate palmolive the precision toothbrush
Colgate palmolive the precision toothbrush
 
chapter_1.pptx
chapter_1.pptxchapter_1.pptx
chapter_1.pptx
 
Sephora
SephoraSephora
Sephora
 
Analysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competitionAnalysis MedNet.com Confronts "Click-through" competition
Analysis MedNet.com Confronts "Click-through" competition
 
Digital Marketing - Sephora Case
Digital Marketing - Sephora CaseDigital Marketing - Sephora Case
Digital Marketing - Sephora Case
 
Loyalty program
Loyalty program   Loyalty program
Loyalty program
 
Brand & brand strategy
Brand & brand strategy Brand & brand strategy
Brand & brand strategy
 
Brand Strategy
Brand StrategyBrand Strategy
Brand Strategy
 
Cunard Line Ltd Harvard Business School Case
Cunard Line Ltd Harvard Business School CaseCunard Line Ltd Harvard Business School Case
Cunard Line Ltd Harvard Business School Case
 
Subway Brand Analysis presentation
Subway Brand Analysis presentation Subway Brand Analysis presentation
Subway Brand Analysis presentation
 
Strategic Planning for Sephora
Strategic Planning for SephoraStrategic Planning for Sephora
Strategic Planning for Sephora
 
DETAIL ANALYSIS OF BIG BASKET
DETAIL ANALYSIS OF BIG BASKETDETAIL ANALYSIS OF BIG BASKET
DETAIL ANALYSIS OF BIG BASKET
 
The wheel of loyalty
The wheel of loyaltyThe wheel of loyalty
The wheel of loyalty
 
Hubble session 1 case studies
Hubble session 1 case studiesHubble session 1 case studies
Hubble session 1 case studies
 
Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]
 
Brand Activation PowerPoint Presentation Slides
Brand Activation PowerPoint Presentation SlidesBrand Activation PowerPoint Presentation Slides
Brand Activation PowerPoint Presentation Slides
 
Brand startegies ppt
Brand startegies pptBrand startegies ppt
Brand startegies ppt
 
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITYLEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
 
Sephora
SephoraSephora
Sephora
 

Similaire à Nykaa Success Sauce.pptx

Marketing Analytics - [Premier Cosmetics]
Marketing Analytics - [Premier Cosmetics]Marketing Analytics - [Premier Cosmetics]
Marketing Analytics - [Premier Cosmetics]Michela Caltran
 
How to build a strong content marketing strategy that's organic and authentic
How to build a strong content marketing strategy that's organic and authenticHow to build a strong content marketing strategy that's organic and authentic
How to build a strong content marketing strategy that's organic and authenticAffiliate Summit
 
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...Marketing Success
 
Ambassadors: Your Brand's New Social Network - ReadyPulse & WOMMA Webinar
Ambassadors: Your Brand's New Social Network - ReadyPulse & WOMMA WebinarAmbassadors: Your Brand's New Social Network - ReadyPulse & WOMMA Webinar
Ambassadors: Your Brand's New Social Network - ReadyPulse & WOMMA Webinarreadypulsemarketing
 
How to Use Social Currency to Identify Your Brand Influencers
How to Use Social Currency to Identify Your Brand InfluencersHow to Use Social Currency to Identify Your Brand Influencers
How to Use Social Currency to Identify Your Brand InfluencersVivastream
 
What makes a good website SEO & Social Media 28th April 2015
What makes a good website SEO & Social Media 28th April 2015What makes a good website SEO & Social Media 28th April 2015
What makes a good website SEO & Social Media 28th April 2015Get up to Speed
 
Womma tap influence final3.22.2015
Womma tap influence final3.22.2015Womma tap influence final3.22.2015
Womma tap influence final3.22.2015Rustin Banks
 
Is Word Of Mouth Marketing Really Worth It?
Is Word Of Mouth Marketing Really Worth It?Is Word Of Mouth Marketing Really Worth It?
Is Word Of Mouth Marketing Really Worth It?Rustin Banks
 
Strategy Plan Bootcamp.pptx
Strategy Plan Bootcamp.pptxStrategy Plan Bootcamp.pptx
Strategy Plan Bootcamp.pptxTanzirAhmed36
 
CafeGive Social: Who We Are & What We Do
CafeGive Social: Who We Are & What We DoCafeGive Social: Who We Are & What We Do
CafeGive Social: Who We Are & What We DoCafeGive Social
 
Nykaa.com - India's Largest Beauty Retailer
Nykaa.com - India's Largest Beauty RetailerNykaa.com - India's Largest Beauty Retailer
Nykaa.com - India's Largest Beauty RetailerKutub Ariwala
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Planimedia
 
How to unleash brand advocates? Turning enthusiastic customers into a powerfu...
How to unleash brand advocates? Turning enthusiastic customers into a powerfu...How to unleash brand advocates? Turning enthusiastic customers into a powerfu...
How to unleash brand advocates? Turning enthusiastic customers into a powerfu...Invisible Puppy
 
Digital Customer Journey at Tribe Tampere
Digital Customer Journey at Tribe TampereDigital Customer Journey at Tribe Tampere
Digital Customer Journey at Tribe TampereDelfin Vassallo ☁️
 
Webinar: How Social Analytics Grow Brand Loyalty
Webinar: How Social Analytics Grow Brand LoyaltyWebinar: How Social Analytics Grow Brand Loyalty
Webinar: How Social Analytics Grow Brand LoyaltyNetBase Solutions Inc.
 
Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact
Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact
Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact Blackbaud
 
Tapping Advocates for True Engagement
Tapping Advocates for True EngagementTapping Advocates for True Engagement
Tapping Advocates for True EngagementJim Larrison
 

Similaire à Nykaa Success Sauce.pptx (20)

Marketing Analytics - [Premier Cosmetics]
Marketing Analytics - [Premier Cosmetics]Marketing Analytics - [Premier Cosmetics]
Marketing Analytics - [Premier Cosmetics]
 
1315 1400 track1-bundy
1315 1400 track1-bundy1315 1400 track1-bundy
1315 1400 track1-bundy
 
How to build a strong content marketing strategy that's organic and authentic
How to build a strong content marketing strategy that's organic and authenticHow to build a strong content marketing strategy that's organic and authentic
How to build a strong content marketing strategy that's organic and authentic
 
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
 
Ambassadors: Your Brand's New Social Network - ReadyPulse & WOMMA Webinar
Ambassadors: Your Brand's New Social Network - ReadyPulse & WOMMA WebinarAmbassadors: Your Brand's New Social Network - ReadyPulse & WOMMA Webinar
Ambassadors: Your Brand's New Social Network - ReadyPulse & WOMMA Webinar
 
How to Use Social Currency to Identify Your Brand Influencers
How to Use Social Currency to Identify Your Brand InfluencersHow to Use Social Currency to Identify Your Brand Influencers
How to Use Social Currency to Identify Your Brand Influencers
 
What makes a good website SEO & Social Media 28th April 2015
What makes a good website SEO & Social Media 28th April 2015What makes a good website SEO & Social Media 28th April 2015
What makes a good website SEO & Social Media 28th April 2015
 
Womma tap influence final3.22.2015
Womma tap influence final3.22.2015Womma tap influence final3.22.2015
Womma tap influence final3.22.2015
 
Is Word Of Mouth Marketing Really Worth It?
Is Word Of Mouth Marketing Really Worth It?Is Word Of Mouth Marketing Really Worth It?
Is Word Of Mouth Marketing Really Worth It?
 
Strategy Plan Bootcamp.pptx
Strategy Plan Bootcamp.pptxStrategy Plan Bootcamp.pptx
Strategy Plan Bootcamp.pptx
 
CafeGive Social: Who We Are & What We Do
CafeGive Social: Who We Are & What We DoCafeGive Social: Who We Are & What We Do
CafeGive Social: Who We Are & What We Do
 
Nykaa.com - India's Largest Beauty Retailer
Nykaa.com - India's Largest Beauty RetailerNykaa.com - India's Largest Beauty Retailer
Nykaa.com - India's Largest Beauty Retailer
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015
 
Success on Social Media
Success on Social MediaSuccess on Social Media
Success on Social Media
 
Test
TestTest
Test
 
How to unleash brand advocates? Turning enthusiastic customers into a powerfu...
How to unleash brand advocates? Turning enthusiastic customers into a powerfu...How to unleash brand advocates? Turning enthusiastic customers into a powerfu...
How to unleash brand advocates? Turning enthusiastic customers into a powerfu...
 
Digital Customer Journey at Tribe Tampere
Digital Customer Journey at Tribe TampereDigital Customer Journey at Tribe Tampere
Digital Customer Journey at Tribe Tampere
 
Webinar: How Social Analytics Grow Brand Loyalty
Webinar: How Social Analytics Grow Brand LoyaltyWebinar: How Social Analytics Grow Brand Loyalty
Webinar: How Social Analytics Grow Brand Loyalty
 
Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact
Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact
Blackbaud NetCommunity Grow: Integrated Strategy, Technology, and Impact
 
Tapping Advocates for True Engagement
Tapping Advocates for True EngagementTapping Advocates for True Engagement
Tapping Advocates for True Engagement
 

Dernier

Aiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMAiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMaiizennxqc
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendayMaharshBenday
 
SALES-PITCH-an-introduction-to-sales.pptx
SALES-PITCH-an-introduction-to-sales.pptxSALES-PITCH-an-introduction-to-sales.pptx
SALES-PITCH-an-introduction-to-sales.pptx23397013
 
Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistKarina Perez
 
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptxUnveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptxelizabethella096
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfPiyush Kumar
 
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessAbdulsamad Lukman
 
Optimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsOptimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsVbout.com
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesMathuraa
 
Crypto Quantum Leap - Digital - membership area
Crypto Quantum Leap -  Digital - membership areaCrypto Quantum Leap -  Digital - membership area
Crypto Quantum Leap - Digital - membership areajaynee G
 
W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...William (Bill) H. Bender, FCSI
 
Elevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfElevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfevithatojoparel
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesMedia Logic
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music businessbrjohnson6
 
The seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniThe seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniSurya Prasath
 
The Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdfThe Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdfishikajaiswal116
 
SP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfSP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfPauleneNicoleLapira
 
Gain potential customers through Lead Generation
Gain potential customers through Lead GenerationGain potential customers through Lead Generation
Gain potential customers through Lead Generationvidhyalakshmiveerapp
 
Alpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxAlpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxDave McCallum
 

Dernier (20)

Aiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMAiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMM
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
SALES-PITCH-an-introduction-to-sales.pptx
SALES-PITCH-an-introduction-to-sales.pptxSALES-PITCH-an-introduction-to-sales.pptx
SALES-PITCH-an-introduction-to-sales.pptx
 
Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital Strategist
 
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptxUnveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to Success
 
Optimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsOptimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered Prompts
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
 
Crypto Quantum Leap - Digital - membership area
Crypto Quantum Leap -  Digital - membership areaCrypto Quantum Leap -  Digital - membership area
Crypto Quantum Leap - Digital - membership area
 
W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...
 
Elevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfElevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdf
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music business
 
The seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniThe seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert Cialdini
 
The Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdfThe Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdf
 
SP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfSP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdf
 
Gain potential customers through Lead Generation
Gain potential customers through Lead GenerationGain potential customers through Lead Generation
Gain potential customers through Lead Generation
 
Alpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxAlpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptx
 

Nykaa Success Sauce.pptx

  • 1. Building a digital relationship Hitesh Malhotra Nykaa
  • 2. Questions for today • Is it possible to build a brand purely through Digital media ? • What kind of target audiences do you reach out ? • Does Digital allow deeper and accurate segmentation of consumers ? How has Nykaa done this ? Have you modified your creatives to reach out to different segments ? • How do you measure & track the impact ?
  • 3. WHO ARE WE? Nykaa is India’s largest beauty retailer. Derived from the Sanskrit word ‘Nayaka’ meaning one in the spotlight, Nykaa endeavors to empower its customers to realize their dreams. We bring together the best of products along with all the information customers need to make the right choice for their needs.
  • 4. WHAT DO WE STAND FOR? Nykaa rests on 3 ideals Curation: our collection of products Content: the conversation we have with our customers Convenience: the ease with which customers find and experience their products
  • 5. 41Million+ Monthly Visits 13 Million+ Unique Visitors 219K Monthly New Consumers 71% Monthly Repeat Consumers 10Million+ Customer Database 13Million+ App Downloads till date 3.7Million+ Monthly active users 8Mins Average Time Spent Per User 1000+ Strong Team 52Million+ Monthly Social Reach 1300+ Brands 24 Orders Per Minute 1Million+ Orders Per Month 1500 Average Order Value 93 Products Sold Per Min Nykaa Dashboard
  • 6. WHO ARE OUR CUSTOMERS? 32% 43% 25 % • 27-45yrs old • Incredibly stylish and knows exactly what products work for her • Well educated/ may or may not be working • Reads/ writes blogs, excited about new launches • Less price-sensitive • 23-31 yrs old • A working woman • Well-educated • She’s moderately beauty conscious but has a regime • Value-sensitive, not discount-driven • 19-24 yrs old • Excited about college and her social life • Reads blogs, excited about new launches • Discount-driven, regular online shopper
  • 7. Categories bought online Other Mentions 1 Grocery 2 Books 3 Home décor 4 Furniture 5 Footwear 6 Stationary 7 Medicines 8 Bags 9 Jewellery 10 Scented candles Answered 5546 In case of online purchase fashion & apparel and travel tickets follow beauty and personal care. Notable amongst other mentions are bags, jewellery and scented candles. Accessories received a high response for current online purchase. THE BIGGEST BEAUTY PANEL IN INDIA
  • 8. Frequency Purchase frequency depends on deals, discounts and offers Answered 5539 Multiple options could be chosen, hence scores do not sum to 100% ~40% of purchase for beauty and personal care products and fashion & apparel happens monthly. THE BIGGEST BEAUTY PANEL IN INDIA
  • 9. • India’s #1 Interactive Beauty Platform for ‘real girl’ influencers • Smart Content engagement and networking platform where subscribers can chat with other beauty buffs, share images and videos, ask and answer beauty related questions, give and seek advice, discover trends and join conversations on topics of their interest • Won 'Best Launch of the Year' at the Content Marketing Summit and Awards & The ET NOW, Star of The Industry Awards 2018 User generated content Brand agnostic advice Authentic, unbiased POV by real girl influencers Customer interactions: contests & LIVEs Expert led concise videos Providing beauty solutions and advice, leading to more informed purchase decisions 650K Total Subscribers 15K Weekly Subscribers 40K Weekly active users 12% Incremental AOV By Nykaa Network users 54% % exit to Nykaa 1,500 Organic brand mentions 37K Questions asked 85K Answers given 95% Organic Answers THE QUORA OF BEAUTY
  • 10. Conversations ● We drive strategized conversations on the Nykaa Network through a few Nykaa personas that are operated by in-house beauty advisors. ● Through these accounts we create an organic buzz about subjects that we would like to focus on. ● Brands can use this feature to create exciting pre-launch conversations on the Nykaa Network. ● Post-launch this property can be used to generate reviews in favour of the brand. THE QUORA OF BEAUTY
  • 11. Questions With The Most Interactions Skincare Hair Makeup THE QUORA OF BEAUTY
  • 12. 43 People searched on Google 44 People saw Nykaa banner while browsing web 15 People opened Nykaa emails 24 People saw a YouTube video 70 People received app push 20 People checked the social media posts If we had 100 visitors, each of them got influenced by at least 2 touch points before they made a purchase. QUEST FOR BEAUTY IS COMPLICATED..
  • 13. BEYOND THE LEAD: CONTENT BUILDS LASTING RELATIONSHIPS Educate Motivate Facilitate Social Media, Youtube, Beauty Book to CREATE a NEED for beauty & products MARKETING CHANNELS - DIY Videos and Posts NYKAA UNIVERSE - Blogger Endorsements ON SITE - User Sourced Curation
  • 14. BEYOND THE LEAD: CONTENT BUILDS LASTING RELATIONSHIPS Educate Motivate Facilitate 14 Editor’s pick Curated Collection Live Videos Celeb looks remastered • Users who add products to cart from curated stores convert 200% better. • Users who add products to cart from expert guides convert 225% better. Special curations of New Launches, Exclusives, Top Trends
  • 15. BEYOND THE LEAD: CONTENT BUILDS LASTING RELATIONSHIPS Educate Motivate Facilitate Reviews & Ratings from the buyer community, Regime Selector, Ask Experts – Nykaa Network, Product Recommendations
  • 16. CREATING THE RIGHT CONSUMER PERSONA Kajal/Lipsticks, Lip Balm etc. M1 M2 Compact, Eye shadow, Mascara etc M3 Basic to Advance User Shopper Type Social Graph Recency-Frequency-Monitory Channel
  • 17. 1.6Billion impressions to 52 Million users to move them into the funnel. MEASURING THE IMPACT OF CONTENT
  • 18. CREATING VIRALITY THROUGH VIDEOS AND CAMPAIGNS THAT RESONATE WITH THE TARGET AUDIENCE 18 1.6 M views |810 K Engagements|6.2 K likes Valentine’s day video #LoveByTheMoment Garnered more than 5 Million views and 30K shares – highest ever for any brand in 2019 Men’s Grooming Series with Veer Rajwant Singh #StopTrollingStartLoving celebrate, cherish and love the women around us instead of subjecting them to constant judgements. Nykaa’s 1st Ever Regional Video for Durga Puja Nykaa’s Karvachauth video with a strong social message Topical videos Collaborating with Male influencers to capture the male audience Creating videos with top digital content creators https://www.youtube.com/watch?v=8mf_3enKW3Y https://www.youtube.com/watch?v=YNxipjkMiGE • Video Views: 3.9 million in 1 Week • Post Engagement: 2.9 million • Amount spend on promotion: USD 14.6 k • Cost per view for the video is USD 0.17 c • Video Views: 2 Million • Post Engagement: 2.1 Million • Amount spend on promotion: USD 6.8 k • Cost per view for the video is USD 0.35 c https://www.youtube.com/watch?v=owIXtz25hw0 https://www.facebook.com/MyNykaa/videos/546889759056713/ Nykaa Friendship Day video – engaging friendship day content created in association with Filtercopy #CelebrateYou is an emotion of loving & accepting yourself for the person you are without conforming to the norms of the society.
  • 19. CONTENT ATTRIBUTES - DIRECT Jan-Dec 2019 Scope Weight Measurement Benchmark Retention 28% Average view duration per video 1.50min Average% view per video 55% Content 22% Organic views per video 75000 / 22% post boosting Views from suggested videos 8% Engagement 35% Views on Nykaa app per video 15000 / >5% of overall views on YT Average Monthly Reach 35 Million Average Monthly Click Rate 7% Average views/month 20 Million Likes per view: Average likes : dislikes per video 0.1|50|1 Average number of add to playlist per view 0.5% Average engagement per video per view (Sum of shares and comments) 2% Scale 15% Number of topics/trends to be covered per month 4 (1 per video) Net revenue from link in description At least= 20% net production cost of the video
  • 20. ● Maybelline Superstay Foundation ● NYX Happy Hours ● Guide to colour correction (single clip, Nykaa colour correct palette, creative) ● L’occitane Gift Set CONTENT ATTRIBUTES - DIRECT
  • 21. CONTENT ATTRIBUTES - INDIRECT Visual Cue- 15% Long Exposure – 5% Verbal Cues– 20% Sentiment: 30%
  • 22. HOW IT ALL SUMS UP Direct (95%) Direct (5%) Indirect (100%) Depth of retargeting list Revenue from retargeting on first click Growth of revenue for featured brand pre vs. post campaign tested by diff. markets
  • 23. HOW IT ALL SUMS UP = + + The performance of content is = Net of direct attributes + Net of indirect attributes + Lift in Sales (pre vs. post) 1. A+ Content = 100% Direct + 100% Indirect + 2% to 5% lift in sales 1. A Content = 90% Direct + 90% Indirect + 1% to 2% lift in sales 1. B+ Content = 100% Direct + 100% Indirect + No lift in sales on a short timeline 1. B Content = 90% Direct + 90% Indirect + No lift in sales on a short timeline 1. C Content = meets none of the above, waste of effort. Needs to be re-examined.
  • 24. Impact on the Nykaa Cohort • Consumers make repeat purchase in the same month of acquisition and value of this purchase is currently 20% - 25% of first purchase value • This trend has increased since after 360 degree marketing deployment when it was ~10%; shows a stable pattern now at 20%-25% Pre strategy Post strategy
  • 25. 75% Unpaid Traffic 25% Paid Traffic Organic and Direct traffic, and CRM + Content Marketing 5% Conversion AOV 1500 Social Media and Google and Display 3% Conversion AOV 1300
  • 26. CASE STUDY- 360° MARKETING STRATEGY
  • 27. Photoshoots showcasing streetstyle fashion inspired by the cities IT Girl Dilli Madras-Kaapi Begum Guwa-Hottie Bombae Mishti Maharani Khoob-Surat Kudi Launch – My City, My Colour
  • 28.
  • 29. 360° Marketing Strategy – Instagram Influencers
  • 30. 360° Marketing Strategy – Remarketing For those who visited multiple times but didn’t purchase For those who asked questions & read reviews Chrome notification and on- site pop-ups for makeup visitors who exited the site without visiting
  • 31. RESULTS 5 M+ Revenue on the 1st day 3000 units Of the top shade ‘Bombae’ sold out INR 2 crores Net sales in the launch month
  • 32. Nominated : Special Abby Gender Sensitive