Boosting Your Online Sales - Presentation Transcript
Boosting your online sales SNSbank.nl Dennis.Pereira@sns.nl Head of E-Commerce
Old school… B2C
The new reality B2C => B2C + C2C
C2C is about customers sharing experiences User generated content Recommendation engines Virtual worlds Social networks Crowd sourcing Customer ratings and reviews Blogs Wikis Personal Assistants
C2C is about Social Marketing Source: Forrester Research, 2007
Social Marketing in a C2C-context Marketing as conversation: listen, facilitate and create advocacy. Co-creating experiences with consumers instead of pushing messages at customers Marketing message distribution: timing, context and relevance Marketing + Math: webanalytics, behavorial targeting Mind the gap: consumption and spending patterns digital media Marketing organisation: the right talent and a progressive culture Marketing network: partnerships and collaboration Marketing will be about leveraging and activating consumer groups – turning consumers into prosumers. Dave Morgan – Founder of Tacoda
C2C is about the Customer in Control ITUNES PODCASTS 2,000 hours available daily RADIO 327k of daily hours airtime BLOGS 1.2 million created daily EMAILS 1.8 billion sent daily ONLINE SEARCHES 200 million daily MYSPACE 50 million daily visitors MAGAZINES 14,703 articles daily VIRTUAL WORLDS 672 hours daily TV 42,000 hours daily MOBILE PHONE SUBSCRIBERS 388 million hours daily NEWSPAPERS 72,800 daily columns ITUNES VIDEOCASTS 200 hours daily TEXT MESSAGES 260 million daily INSTANT MESSAGES 5 billion daily
C2C Banking
universal search
Social Network Comparison (comScore U.S.) High growth rate of Social Networks The same aggregate traffic as Google
Consumers never walk alone
The Environment Has Changed In a Typical Week, How Many Hours Do You Spend Doing the Following? ■Percent of ad spending on each media type in 2007 ■ Percent of total media time individuals spend with each media type in a typical week Base: US adults Source: Forrester Research, 2007
The Internet has already surpassed television as the "most essential" medium by people 12 – 44. Edison Media Research The Environment Has Changed In a Typical Week, How Many Hours Do You Spend Doing the Following? ■Percent of ad spending on each media type in 2007 ■ Percent of total media time individuals spend with each media type in a typical week Base: US adults Source: Forrester Research, 2007
Virtual Warmth Always respect the context Realize solutions Facilitate a continuous online dialogue Offer integrated support Create a positive brand experience From surfing to using From information to value From sending to dialogue From hierarchy to network From structure to dynamics Where Everybody Knows Your Name Source: Info.NL 2007
Case 1: Live@dvice
Case 2: effect testing
The holistic approach on effect testing Web analytics Expert reviews Multivariate testing A/B Testing Business Intelligence Usability testing Online surveys Focus groups
Short page Multivariate testing
Multivariate testing Long page Figure Content length Text & Button Content length
Multivariatie testen Variations
Multivariate testing Optimalisation target
Multivariate testing Best result
Multivariate testing Results +12.1% Short Best
Multivariate testing Results +27.8% Best Long
Case 3: behavorial targeting
Without personalisation Origin Personalisation: origin as a starting point
Origin With personalisation Bestel Nu Spaar extra voordelig Personalisation: origin as a starting point
Usability testing
Tomorrow morning starts today Build consumer insights: real-time behavorial patterns Make consumers your advocates Use predictive tools Digital and interactive are core capabilities Develop an Internet Scorecard Establish marketing, media and technology partnerships
Keep it simple What if Microsoft had designed the Ipod?
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