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GOOGLE WALLET
THE FANATICS EXPERIENCE
SPEAKERS
Steve Klebe
BD for Google Payments
Google
sklebe@google.com
Stephen Derksen
BD, Mobile Retail
Pivotal Labs
sderksen@pivotallabs.com
Brian Yu
Director of Mobile Apps
Fanatics, Inc.
bsyu@fanatics.com
MODERATOR PANELISTS
David Katz
SVP/GM Mobile
Fanatics, Inc.
dkatz@fanatics.com
KEY TAKEAWAYS
Google Wallet helps address this
issue by boosting conversions
Your customers are using mobile
throughout the shopping journey
You’re losing $$ because most
mCommerce purchases aren’t completed
BUT…
AGENDA
What is
Google Wallet?
Our Relationship
with Fanatics
and Google
Fanatics’
Experience
Trends Q and A
INTRO TO FANATICS
World’s largest retailer of officially licensed sports merchandise
+ more than 200 others
Operates online stores for:
•  Fanatics and FansEdge brands
•  All major N. American pro sports leagues
•  Over 200 major media brands
•  Pro and college teams
We helped develop the Android and iOS apps for this billion-dollar apparel
powerhouse, including Google Wallet functionality on Android to give fans a quick
and easy way to purchase their favorite team’s merchandise.
OUR RELATIONSHIP
WITH FANATICS AND GOOGLE
ROI, PERSONALIZATION, LOYALTY, ENGAGEMENT
REVENUE
CONVERSIONS
DOWNLOADS
REPEAT VISITS
TRAFFIC
2,920 Ratings 1,121 Ratings
WHERE ARE YOUR CUSTOMERS TODAY?
•  More time on mobile
internet than on PCs
•  Using mobile throughout
the shopping journey
•  Blurring online and offline
The Rapid Rise of mCommerce
U.S retail mobile commerce sales (in billion dollars)
Source: eMarketer
OUR OBSERVATIONS
A typical mobile checkout requires over 20 steps to submit an order
Shopping Cart Confirm order Fill out forms Order complete
HOW DOES THIS AFFECT YOU?
Most mCommerce purchases are not completed
Not much time to
complete purchases
on the go
Inconvenient to type
on a small screen
Payment
credentials not
at hand
Consumers don’t want
to remember another
account’s credentials
SO WHAT CAN YOU DO ABOUT IT?
The old dream of the digital
wallet is coming true in a
very mobile-led fashion
Business Insider
“
”
GOOGLE WALLET INSTANT BUY
AVAILABLE FOR:
HOW DO YOU USE IT?
FREE API
(Android, Mobile/Desktop Web)
•  Users’ Wallet details are sent directly to your
servers with no forms to fill out
INTEGRATED WITH GOOGLE SIGN IN
•  Provides much more than just
payment information
WORKS WITH ANY GOOGLE ACCOUNT
•  1B+ Google accounts today
IT IS NOT:
•  A payment processor
•  Going to interfere with your customer
relationships
NO CHANGES TO YOUR PAYMENT PROCESSING
No need to change existing processing infrastructure and relationships
Google does not charge any fees (you continue to pay your existing processor)
Google generates a one-time use debit card
number for each purchase
Enhances security leveraging Google’s Risk
Based Authentication
Normal functions (auth, re-auth, refunds, etc)
work as with any other payment card
Limitations (for now): US only and $2,000
transaction limit
ONE-TIME USE VIRTUAL CARD
OTHER BENEFITS
Instant Buy offers superior benefits to other cloud wallets with easier integration
2-click checkout without filling in any fields. Customers stays
in context on your site/app.
Frictionless account creation and login. More logged in users
across all platforms.
Exceptional Google reach. 1B+ Google accounts and 500M+
Android devices. Automatic login.
Lightweight integration and no fees. Use your existing
processing infrastructure; most integrations done in ~3 weeks.
Drive app downloads with automatic over-the-air installs.
CASE STUDIES
higher average order value
for Google Wallet users
than credit card purchasers
conversion increase across
all purchase channels
increase in purchase
conversion on mobile
website
higher conversion rate for
Google Wallet users who
signed in with Google
increase in purchase
conversion for Google Wallet
users on Android app
of all transactions were
made with Google Wallet
11% 20% 2x
71% 4x 25%
LEARN FROM YOUR PEERS:
FANATICS’ EXPERIENCE
WHY WE IMPLEMENTED GOOGLE WALLET
•  Opportunity to increase sales
and revenue
•  Fast checkout critical after big
game events
•  Improve user experience,
especially Android customers
•  Be where the fans are
INTEGRATION PROCESS
•  Easy and fast
•  Integration with a proxy card
was a key consideration
•  No back-end integration with
our payment systems
INTEGRATION OUTCOME
•  7% of share of Android
transactions
•  No evidence it cannibalizes other
sales (they would have happened
anyways)
•  Positions us as innovators
WHAT OUR FANS ARE SAYING
KEY TAKEAWAYS/Q&A
Eyes on the prize.
Conversions. Conversions. Conversions.
Stop leaving $$ on the table by not
catering to customers on mobile.
Simplify and customize the check-out process.
Google Wallet streamlines the shopping experience.
Thank you!
STEPHEN DERKSEN
sderksen@pivotallabs.com
STEVE KLEBE
sklebe@google.com
DAVID KATZ
dkatz@fanatics.com
BRIAN YU
bsyu@fanatics.com

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Google Wallet: The Fanatics Experience

  • 2. SPEAKERS Steve Klebe BD for Google Payments Google sklebe@google.com Stephen Derksen BD, Mobile Retail Pivotal Labs sderksen@pivotallabs.com Brian Yu Director of Mobile Apps Fanatics, Inc. bsyu@fanatics.com MODERATOR PANELISTS David Katz SVP/GM Mobile Fanatics, Inc. dkatz@fanatics.com
  • 3. KEY TAKEAWAYS Google Wallet helps address this issue by boosting conversions Your customers are using mobile throughout the shopping journey You’re losing $$ because most mCommerce purchases aren’t completed BUT…
  • 4. AGENDA What is Google Wallet? Our Relationship with Fanatics and Google Fanatics’ Experience Trends Q and A
  • 5. INTRO TO FANATICS World’s largest retailer of officially licensed sports merchandise + more than 200 others Operates online stores for: •  Fanatics and FansEdge brands •  All major N. American pro sports leagues •  Over 200 major media brands •  Pro and college teams
  • 6. We helped develop the Android and iOS apps for this billion-dollar apparel powerhouse, including Google Wallet functionality on Android to give fans a quick and easy way to purchase their favorite team’s merchandise. OUR RELATIONSHIP WITH FANATICS AND GOOGLE
  • 7. ROI, PERSONALIZATION, LOYALTY, ENGAGEMENT REVENUE CONVERSIONS DOWNLOADS REPEAT VISITS TRAFFIC 2,920 Ratings 1,121 Ratings
  • 8. WHERE ARE YOUR CUSTOMERS TODAY? •  More time on mobile internet than on PCs •  Using mobile throughout the shopping journey •  Blurring online and offline The Rapid Rise of mCommerce U.S retail mobile commerce sales (in billion dollars) Source: eMarketer
  • 9. OUR OBSERVATIONS A typical mobile checkout requires over 20 steps to submit an order Shopping Cart Confirm order Fill out forms Order complete
  • 10. HOW DOES THIS AFFECT YOU? Most mCommerce purchases are not completed Not much time to complete purchases on the go Inconvenient to type on a small screen Payment credentials not at hand Consumers don’t want to remember another account’s credentials
  • 11. SO WHAT CAN YOU DO ABOUT IT? The old dream of the digital wallet is coming true in a very mobile-led fashion Business Insider “ ”
  • 12. GOOGLE WALLET INSTANT BUY AVAILABLE FOR:
  • 13. HOW DO YOU USE IT? FREE API (Android, Mobile/Desktop Web) •  Users’ Wallet details are sent directly to your servers with no forms to fill out INTEGRATED WITH GOOGLE SIGN IN •  Provides much more than just payment information WORKS WITH ANY GOOGLE ACCOUNT •  1B+ Google accounts today IT IS NOT: •  A payment processor •  Going to interfere with your customer relationships
  • 14. NO CHANGES TO YOUR PAYMENT PROCESSING No need to change existing processing infrastructure and relationships Google does not charge any fees (you continue to pay your existing processor) Google generates a one-time use debit card number for each purchase Enhances security leveraging Google’s Risk Based Authentication Normal functions (auth, re-auth, refunds, etc) work as with any other payment card Limitations (for now): US only and $2,000 transaction limit ONE-TIME USE VIRTUAL CARD
  • 15. OTHER BENEFITS Instant Buy offers superior benefits to other cloud wallets with easier integration 2-click checkout without filling in any fields. Customers stays in context on your site/app. Frictionless account creation and login. More logged in users across all platforms. Exceptional Google reach. 1B+ Google accounts and 500M+ Android devices. Automatic login. Lightweight integration and no fees. Use your existing processing infrastructure; most integrations done in ~3 weeks. Drive app downloads with automatic over-the-air installs.
  • 16. CASE STUDIES higher average order value for Google Wallet users than credit card purchasers conversion increase across all purchase channels increase in purchase conversion on mobile website higher conversion rate for Google Wallet users who signed in with Google increase in purchase conversion for Google Wallet users on Android app of all transactions were made with Google Wallet 11% 20% 2x 71% 4x 25%
  • 17. LEARN FROM YOUR PEERS: FANATICS’ EXPERIENCE
  • 18. WHY WE IMPLEMENTED GOOGLE WALLET •  Opportunity to increase sales and revenue •  Fast checkout critical after big game events •  Improve user experience, especially Android customers •  Be where the fans are
  • 19. INTEGRATION PROCESS •  Easy and fast •  Integration with a proxy card was a key consideration •  No back-end integration with our payment systems
  • 20. INTEGRATION OUTCOME •  7% of share of Android transactions •  No evidence it cannibalizes other sales (they would have happened anyways) •  Positions us as innovators
  • 21. WHAT OUR FANS ARE SAYING
  • 22. KEY TAKEAWAYS/Q&A Eyes on the prize. Conversions. Conversions. Conversions. Stop leaving $$ on the table by not catering to customers on mobile. Simplify and customize the check-out process. Google Wallet streamlines the shopping experience.
  • 23. Thank you! STEPHEN DERKSEN sderksen@pivotallabs.com STEVE KLEBE sklebe@google.com DAVID KATZ dkatz@fanatics.com BRIAN YU bsyu@fanatics.com