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Make Your Social Commerce
Experience More Trustworthy
  Part 1: Increase Trust, Grow Traffic
Trust is Essential to Social Commerce



      of consumers say that
      trustworthiness
84%   is required in order
      for them to interact
      with a brand
                                                  About.com, The Elements of Trust, June 2012




        © Demand Media 2013 All rights reserved                                           2
Consumers Primarily Trust Those They Know

IBM asked consumers
who they trust                                                        Customer
                                                                       reviews
to provide honest                                                        14%
feedback and suggestions                           Family/Friends                 Product
about products                                         48%                     experts 12%


                                                                            Manufacturer
                                                                                 16%

                                                                    Retailer
                                                                     10%


                                                              IBM Institute for Business Value, 2012




         © Demand Media 2013 All rights reserved                                                   3
5 Factors that Influence Your Social Trustability

    IDENTITY                                                               OWNERSHIP
 When participants are
  encouraged to use                        ATTRIBUTES                       Verified product
                                         When product reviewers          ownership is critical as
 their real names, the
                                         and others are identified       consumers are diving
   trustability of the
                                         with structured attributes      deep into features and
   social experience
                                          or characteristics, their          experiences
        goes up
                                               relevancy and
                                             trustability grows

    RELATIONSHIP                                                      EXPERIENCE
      When it’s easy for
                                                                       Demonstrated product,
      participants to see
                                                                          category and skill
         how they are
                                                                       experience on the part
     connected they can
                                                                       of content contributors
       find trustworthy,
                                                                         is often even more
     personally relevant
                                                                      important to consumers
          information




              © Demand Media 2013 All rights reserved                                               4
Trust is Important at Every Stage
   1    TRAFFIC                                        ENGAGEMENT              2

  New consumers are more                               Trust that comes from
  attracted to your brand by                           consuming useful content in
  trusted connections and                              the company of likeminded
                                                       people creates emotional
  content
                                                       bonds

                                               TRUST
   4    LOYALTY                                        CONVERSION              3

  Rewarding contributors who                           Direct and detailed product
  are credible and helpful                             experiences, tied to known,
  surfaces your most trustworthy                       credible sources, inspire more
  customers                                            and bigger transactions




           © Demand Media 2013 All rights reserved                                      5
Traffic: Getting More into the Funnel
Attracting new consumers to your
brand and products is an ongoing
activity

Brands typically invest in lots of
awareness generating vehicles

You can build features into your
Social Commerce experience that
help consumers find you and
inspire their trust in your brand




            © Demand Media 2013 All rights reserved   6
Sharing with Friends Creates Traffic
Letting consumers
share their insights
and enthusiasm
with their social
network ensures
that personally
relevant
information,
founded in a
known
                               Canadian e-tailer Shop.ca rewards shoppers who share
relationship, rises
                               their product discoveries with friends. They understand the
to the surface
                               effect on traffic of trusted friends’ invitations.




            © Demand Media 2013 All rights reserved                                          7
Consumer “Likes” Create Traffic
Giving consumers
easy mechanisms
for providing
product feedback,
like ratings or
recommendations,
increases your
volume of trusted,
shared content
                              Home Improvement e-tailer HomeClick lets consumers
                              recommend blog content, forum posts and other Social
                              Commerce content




           © Demand Media 2013 All rights reserved                                   8
Real Identities Create Traffic
Encouraging
Social Sign On
leads to social
experiences that
are built upon real,
trustable display
names from
Facebook and
other services
                               AARP markets financial products to its nearly 4
                               million community members. To create a trusted
                               Social Commerce environment, AARP
                               encourages the use of real display names.




            © Demand Media 2013 All rights reserved                              9
Search Optimized Content Creates Traffic
By ensuring your
Reviews, Forums,
Blogs and
Comments are
searchable, your
brand becomes
increasingly linked
with content
consumers are
searching for
                               Black & Decker’s product reviews perform well in search,
                               giving consumers product information they are looking for
                               with links to a credible, trusted brand




            © Demand Media 2013 All rights reserved                                        10
Gamification Surfaces Trusted Consumers
Using Points,
Badges and
Leader Boards to
reward particular
behaviors can
help identify and
encourage
consumers who
have earned the
trust of others                   In Nestlé’s Very Best Baking community, members
                                  win Brownie Points for being active, helpful and
                                  knowledgeable. This has surfaced the brand’s most
                                  trusted and influential enthusiasts.




           © Demand Media 2013 All rights reserved                                    11
Social Commerce, Trust and Traffic
Trust is essential to Social                     In particular, you can attract new
Commerce                                         consumers with
Trust influences every stage                     • Sharing
of the customer lifecycle                        • Real identities
                                                 • “Likes” and other reactions
You can create a Social
                                                 • Search optimized content
Commerce experience that
inspires Trust                                   • Gamification




            © Demand Media 2013 All rights reserved                                   12
About Pluck
Integrated customer interaction platform

Distinguished by its breadth of features
and versatility, with product reviews
and much more

Used by 600+ retailers and brands

Enables them to
• grow their audience
• accelerate product sales, and
• ensure customer delight




            © Demand Media 2013 All rights reserved   13
Pluck is the Choice of Market Leaders




       © Demand Media 2013 All rights reserved   14
This Presentation is Part of a Series
Look in SlideShare for the other presentations in Pluck’s
Trusted Social Commerce series:


Trusted Social Commerce Fosters Engagement

Trusted Social Commerce Increases Conversion

Trusted Social Commerce Produces Loyalty




            © Demand Media 2013 All rights reserved         15
To Learn More…

  info@pluck.com
  www.pluck.com
  (+1) 512 457 5220
  twitter.com/Pluck




     © Demand Media 2013 All rights reserved   16

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Increase Trust, Grow Traffic: 5 Ways to Build a More Trustworthy Social Commerce Experience

  • 1. Make Your Social Commerce Experience More Trustworthy Part 1: Increase Trust, Grow Traffic
  • 2. Trust is Essential to Social Commerce of consumers say that trustworthiness 84% is required in order for them to interact with a brand About.com, The Elements of Trust, June 2012 © Demand Media 2013 All rights reserved 2
  • 3. Consumers Primarily Trust Those They Know IBM asked consumers who they trust Customer reviews to provide honest 14% feedback and suggestions Family/Friends Product about products 48% experts 12% Manufacturer 16% Retailer 10% IBM Institute for Business Value, 2012 © Demand Media 2013 All rights reserved 3
  • 4. 5 Factors that Influence Your Social Trustability IDENTITY OWNERSHIP When participants are encouraged to use ATTRIBUTES Verified product When product reviewers ownership is critical as their real names, the and others are identified consumers are diving trustability of the with structured attributes deep into features and social experience or characteristics, their experiences goes up relevancy and trustability grows RELATIONSHIP EXPERIENCE When it’s easy for Demonstrated product, participants to see category and skill how they are experience on the part connected they can of content contributors find trustworthy, is often even more personally relevant important to consumers information © Demand Media 2013 All rights reserved 4
  • 5. Trust is Important at Every Stage 1 TRAFFIC ENGAGEMENT 2 New consumers are more Trust that comes from attracted to your brand by consuming useful content in trusted connections and the company of likeminded people creates emotional content bonds TRUST 4 LOYALTY CONVERSION 3 Rewarding contributors who Direct and detailed product are credible and helpful experiences, tied to known, surfaces your most trustworthy credible sources, inspire more customers and bigger transactions © Demand Media 2013 All rights reserved 5
  • 6. Traffic: Getting More into the Funnel Attracting new consumers to your brand and products is an ongoing activity Brands typically invest in lots of awareness generating vehicles You can build features into your Social Commerce experience that help consumers find you and inspire their trust in your brand © Demand Media 2013 All rights reserved 6
  • 7. Sharing with Friends Creates Traffic Letting consumers share their insights and enthusiasm with their social network ensures that personally relevant information, founded in a known Canadian e-tailer Shop.ca rewards shoppers who share relationship, rises their product discoveries with friends. They understand the to the surface effect on traffic of trusted friends’ invitations. © Demand Media 2013 All rights reserved 7
  • 8. Consumer “Likes” Create Traffic Giving consumers easy mechanisms for providing product feedback, like ratings or recommendations, increases your volume of trusted, shared content Home Improvement e-tailer HomeClick lets consumers recommend blog content, forum posts and other Social Commerce content © Demand Media 2013 All rights reserved 8
  • 9. Real Identities Create Traffic Encouraging Social Sign On leads to social experiences that are built upon real, trustable display names from Facebook and other services AARP markets financial products to its nearly 4 million community members. To create a trusted Social Commerce environment, AARP encourages the use of real display names. © Demand Media 2013 All rights reserved 9
  • 10. Search Optimized Content Creates Traffic By ensuring your Reviews, Forums, Blogs and Comments are searchable, your brand becomes increasingly linked with content consumers are searching for Black & Decker’s product reviews perform well in search, giving consumers product information they are looking for with links to a credible, trusted brand © Demand Media 2013 All rights reserved 10
  • 11. Gamification Surfaces Trusted Consumers Using Points, Badges and Leader Boards to reward particular behaviors can help identify and encourage consumers who have earned the trust of others In Nestlé’s Very Best Baking community, members win Brownie Points for being active, helpful and knowledgeable. This has surfaced the brand’s most trusted and influential enthusiasts. © Demand Media 2013 All rights reserved 11
  • 12. Social Commerce, Trust and Traffic Trust is essential to Social In particular, you can attract new Commerce consumers with Trust influences every stage • Sharing of the customer lifecycle • Real identities • “Likes” and other reactions You can create a Social • Search optimized content Commerce experience that inspires Trust • Gamification © Demand Media 2013 All rights reserved 12
  • 13. About Pluck Integrated customer interaction platform Distinguished by its breadth of features and versatility, with product reviews and much more Used by 600+ retailers and brands Enables them to • grow their audience • accelerate product sales, and • ensure customer delight © Demand Media 2013 All rights reserved 13
  • 14. Pluck is the Choice of Market Leaders © Demand Media 2013 All rights reserved 14
  • 15. This Presentation is Part of a Series Look in SlideShare for the other presentations in Pluck’s Trusted Social Commerce series: Trusted Social Commerce Fosters Engagement Trusted Social Commerce Increases Conversion Trusted Social Commerce Produces Loyalty © Demand Media 2013 All rights reserved 15
  • 16. To Learn More… info@pluck.com www.pluck.com (+1) 512 457 5220 twitter.com/Pluck © Demand Media 2013 All rights reserved 16