IWOOT Case Study

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    IWOOT Case Study - Presentation Transcript

    1. Introduction Richard Wainright-Lee Managing Director March 2008 E-Commerce Forum
    2.  
      • Since 2000 -:
      • 1 million+ Customers
      • £45 million+ Sales
      • 50 million+ Site visitors
      • 7 million+ Catalogues
    3.  
    4. To establish sustainable differentiation through the reinforcement and promotion of the I Want One Of Those brand inside and outside UK so as to grow shareholder value STRATEGY. “ Remain Special for our Customers”
    5. Fast Secure Reliable Quirky Fun Novel Personal Good Value Surprising Exceeds Expectations UNDERSTAND >>> REINFORCE >>> PROMOTE REINFORCE and PROMOTE BRAND VALUES
    6. To attract and retain more customers to buy more stuff from us more frequently “ Sell more stuff to more people, more often” MARKETING OBJECTIVES
    7. Demographics – I-want-one-of-those.com
    8. Demographics – I-want-one-of-those.com
    9. Demographics – I-want-one-of-those.com
    10. Upstream & Downstream
      • Alternative Channels of Communication
      • On-line
      • Old media
      • Broadcast (including catalogue)
      • Manage the mix
      • Changing Exchange Rates
    11. In the beginning… 1 st Jan to 7 th June % all conversions % conversion ratio
    12. 2006 Conversion by segment % all conversions % conversion ratio Site average conversion rate: 1.8% UK accounts for 93.8% of Euro visits
      • Accounts for:
      • 18.7 % of All visits
      • 94% of all European Repeat visits
      • 80% of all Repeat visits
      • 42% of all conversions
      UK Direct conversion rate: 2.9%
    13. Comparative size of segments % of all visits
    14. Visits from ivc.com
      • Traffic
      • Visits to the site: 975
      • Visits to order complete: 3
      • Conversion rate: 0.3%
      • Navigation
      • 60% entered on Shark Attack product page : 74% SAR
      • 40% entered on the Home page : 36% SAR
      • Average time spent on site was 9 minutes and 40 seconds compared with 8 mins and 7 seconds site average
      • Pages viewed per visit: 9.4 / 10.
      • Conclusion
      • Raises awareness, generates interest but does not drive revenue
      • Traffic falls away after viral is removed from The Sun. co.uk
      • Does not produce any loyal traffic
    15. Product Sub-Categories Price Points “ Internal Search” “ B 2 B” * Broadcast Promotion * On –Line Promotion
      • SEARCH.
      • AFFILIATES.
      • Banner Management
      • E-MAIL.
      • Second Purchase
      • Product
      • Information and fun
      • Competitions
      • Catalogues
      • PR
      • Media Campaigns
      • Conversion
      • Reminders
      • Wish Lists
      • Special Occasions
      * International Partners * Indirect Channel Partnerships “ Internationalisation” “ Gift Finder” * RETENTION Customer Service, Catalogue, E-Mail “ More Customers” “More Often” “More Stuff”
    16. Thank you. March 2008 E-Commerce Forum
    17.  

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