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2             Janice Diner                                     Social Marketing Technology                                ...
3Social Commerce Opportunity                                           $30 Billion Opportunity 2015         Social        ...
4The social consumer is a new breed ofengaged and informed consumer                  They are researching,      we talk ab...
5The numbers tell the story, a lot of time is spent on Social Networks11,092,299     40,491,000     29,153,439     11,399,...
6   Shopping is social!"Social commerce needs "to actually be social ...."             "
7Every industry and vertical is going tobe rethought in a social way.The real opportunity is about peopleredesigning these...
Merchants    of ‘Social’      Six Ontario-based    companies driving the          growth of      social commerce.    www.m...
9 The Social Consumer: Cashing in on the social graph   Peter Sheldon Senior                  Simon Chong       Analyst Fo...
The Social Consumer: Cashing in on theSocial GraphPeter SheldonSenior Analyst, Serving eBusiness & Channel Strategy Profes...
To-date social networks have primarily been communication (versus shopping) tools11   © 2012 Forrester Research, Inc. Repr...
Which has created a challenge for retailers when justifying the ROI associated with social             Source: The State o...
However this has not prevented retailers like Sephora and RueLala from experimenting with social13   © 2012 Forrester Rese...
And retailers and brands from integrating social authentication into their online experience14   © 2012 Forrester Research...
Few marketers are yet diverting their advertising budgets away from traditional programs15   © 2012 Forrester Research, In...
But this may change as Facebook rolls out their “Offers”platform16   © 2012 Forrester Research, Inc. Reproduction Prohibited
72% percent of retailers increased their spending on social commerce in 2011             Source: The State of Retailing On...
Brands are finding that Facebook fans are much more likely to purchase, consider, and recommend than non-fans             ...
Pinterest is attracting the eye of retail marketers, but only a few are yet pursuing the opportunity19   © 2012 Forrester ...
Motorola Mobilityand Social CommerceMaRS Market InsightsApril 17, 2012MOTOROLA and the Stylized M Logo are trademarks or r...
Social is a core business strategy for Motorola •  Communication                                                   Owned  ...
Because it’s where our audience is• Mobile device integration• Conversation drives consideration• Our role  – Add value wi...
Social also bridges gaps in the physical realm                                             24-7                           ...
Case in Point: Motorola Insiders                                      24                                   	              ...
Ultimate Purpose: Increase Retail Recommendationand Sell Through                                                  conversa...
Additional benefits realized…                 Agile                marketing               Access to               first h...
27And the communityhas spoken!   © 2012 Motorola Mobility, Inc.
The Social Consumer: Cashing in on the social graph - MaRS Market Insights
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The Social Consumer: Cashing in on the social graph - MaRS Market Insights

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The shopping experience, both online and offline, has been transformed by social media. The voice of the customer heard through online networks influences their purchase decisions, and new technologies are redesigning in-store shopping. But will social commerce really be a $30 billion global opportunity by 2015?

With less than half of Canadian small- and medium-sized businesses online, and more than 90% of purchases still taking place in bricks-and-mortar stores, is it really necessary to leverage the social graph at this time? Are social networks like Facebook and Pinterest the next wave for e-commerce? Where should marketers and retailers focus their efforts? What role do startups play in the social commerce ecosystem?

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Transcript of "The Social Consumer: Cashing in on the social graph - MaRS Market Insights"

  1. 1. 2 Janice Diner Social Marketing Technology Social Sales Incentive and Training Platform Advisor & Client@janicediner • www.horizon-studios.com
  2. 2. 3Social Commerce Opportunity $30 Billion Opportunity 2015 Social Commerce Opportunity $30 B + 600% - Booz Allen $5 Billion Opportunity 2011 2011 2015 Booz Allen forecasts that today the social commerce opportunity is worth $5 Billion and by 2015 it will be worth $30 Billion (a 600% increase!).
  3. 3. 4The social consumer is a new breed ofengaged and informed consumer They are researching, we talk about what we buy chatting, booking, sharing, blogging, Facebooking, tweeting every aspect of their lives and buying before we buy while experience with their friends online, on mobile devices we buy after we buy and in multiple Social Networks
  4. 4. 5The numbers tell the story, a lot of time is spent on Social Networks11,092,299 40,491,000 29,153,439 11,399,103 34,345,293 845+ million people share 4 B pieces of content daily25,416,893 1,408,654 23,223,582 8,363,218 2,403,08513,372,043 1,357,761 7,830,495 3,761,377 8,352,658
  5. 5. 6 Shopping is social!"Social commerce needs "to actually be social ...." "
  6. 6. 7Every industry and vertical is going tobe rethought in a social way.The real opportunity is about peopleredesigning these spaces.
  7. 7. Merchants of ‘Social’ Six Ontario-based companies driving the growth of social commerce. www.marsdd.com/reports
  8. 8. 9 The Social Consumer: Cashing in on the social graph Peter Sheldon Senior Simon Chong Analyst Forrester Managing Director Research Georgian Partners Marianne Hamilton David Man, Chief Director of Marketing Technology Officer SimplyMotorola Mobility Canada Good Technologies
  9. 9. The Social Consumer: Cashing in on theSocial GraphPeter SheldonSenior Analyst, Serving eBusiness & Channel Strategy ProfessionalsForrester ResearchApril 17, 2012 @peter_sheldon10 © 2012 Forrester Research, Inc. Reproduction Prohibited 2009
  10. 10. To-date social networks have primarily been communication (versus shopping) tools11 © 2012 Forrester Research, Inc. Reproduction Prohibited
  11. 11. Which has created a challenge for retailers when justifying the ROI associated with social Source: The State of Retailing Online 2011,” a Shop.org study conducted by Forrester Research12 © 2012 Forrester Research, Inc. Reproduction Prohibited
  12. 12. However this has not prevented retailers like Sephora and RueLala from experimenting with social13 © 2012 Forrester Research, Inc. Reproduction Prohibited
  13. 13. And retailers and brands from integrating social authentication into their online experience14 © 2012 Forrester Research, Inc. Reproduction Prohibited
  14. 14. Few marketers are yet diverting their advertising budgets away from traditional programs15 © 2012 Forrester Research, Inc. Reproduction Prohibited
  15. 15. But this may change as Facebook rolls out their “Offers”platform16 © 2012 Forrester Research, Inc. Reproduction Prohibited
  16. 16. 72% percent of retailers increased their spending on social commerce in 2011 Source: The State of Retailing Online 2011,” a Shop.org study conducted by Forrester Research17 © 2012 Forrester Research, Inc. Reproduction Prohibited
  17. 17. Brands are finding that Facebook fans are much more likely to purchase, consider, and recommend than non-fans Source: North American Technographics® Online Benchmark Recontact Omnibus Survey, Q4 2011 (US)18 © 2012 Forrester Research, Inc. Reproduction Prohibitedor †Respondents who are likely highly likely to consider the brand for a future purchase. ‡Respondents who are likely or highly likely to recommend the brand to a friend or relative.
  18. 18. Pinterest is attracting the eye of retail marketers, but only a few are yet pursuing the opportunity19 © 2012 Forrester Research, Inc. Reproduction Prohibited
  19. 19. Motorola Mobilityand Social CommerceMaRS Market InsightsApril 17, 2012MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC. © 2012 Motorola Mobility, Inc.All other trademarks are the property of their respective owners. © 2012 Motorola Mobility, Inc. All rights reserved.
  20. 20. Social is a core business strategy for Motorola •  Communication Owned Paid Inside Motorola •  Education Facebook Search Twitter •  Product Demo Display YouTube Sponsorship •  Advocacy Google+ •  Research Earned Foursquare Reviews •  Product Dev Consumer •  Customer Service mentions (blogs) Forums © 2012 Motorola Mobility, Inc.
  21. 21. Because it’s where our audience is• Mobile device integration• Conversation drives consideration• Our role – Add value with relevant content – Entertain – Empathize – Learn – Adapt © 2012 Motorola Mobility, Inc.
  22. 22. Social also bridges gaps in the physical realm 24-7 B2B communications Manpower Word of mouth constraints © 2012 Motorola Mobility, Inc.
  23. 23. Case in Point: Motorola Insiders 24 Because it was on Facebook it was easy to access from any type of device. © 2012 Motorola Mobility, Inc.
  24. 24. Ultimate Purpose: Increase Retail Recommendationand Sell Through conversationsSuccess factors: 20,000 between sales reps •  EnterTRAINment •  Ongoing, two-way dialogue 26% increase product sales •  Reward for participation = increase product •  Tangible & intangible prizing 50% recommendation in- store •  Advocate support of invited sales 80% reps participating © 2012 Motorola Mobility, Inc.
  25. 25. Additional benefits realized… Agile marketing Access to first hand information Ability to influence A matter of efficiency © 2012 Motorola Mobility, Inc.
  26. 26. 27And the communityhas spoken! © 2012 Motorola Mobility, Inc.
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