Social Insights: The High Street Revolution
Using social data to capture customer feedback has allowed Argos to apply changes to their digital stores and gain insight into public reaction. Customer and Digital Insight Manager James Finch will explain how social intelligence is transforming the high street.
5. Social Insights at Argos
Understanding perceptions towards our Digital Stores
6. Who are we?
• High street retailer in UK and Republic of Ireland
• Formed in 1973 from the Green Shield Stamps initiative
• £3.9bn sales in 2013
• 96% of people in the UK live within 10 miles of a store
• 740+ stores
• The UK’s second most visited retail website
• 19,900 lines in our Spring / Summer catalogue 2013
7. How we use social analytics
• Naturally, we cover the basics:
- Share of Voice against competitors
- Sentiment
- Understanding our author base
• Pre / Post campaign analysis
• Understanding the customer journey
• Competitor reporting
• PR management
• Product launches
9. The launch of our Digital Stores
• The first of our Digital Stores opened in December 2013
• 23 stores like this now open across the UK – from Clapham to
Colchester and Liverpool to Dunfermline
11. The launch of our Homebase Concessions
• Nine concession stores currently operating in Homebase stores around
the country
12. What social analytics has told us about the stores
• At a topline level, our customers have embraced the new format
• Men have shown higher levels of positivity towards the change
• The impact of the Digitally savvy Londoner
• Our customers love the personal touch
• The pencils, paper slips and catalogues are missed by some
• Ongoing source of customer research (and it costs nothing!)
13. Actionable insights that cross the online / offline divide
“@Argos_Online thank
you so much for
listening!!! I shall definitely
be coming into the store.
#greatcustomerservice
#onehappybunny”
15. • Further rollout of our Digital Store format
• ‘An Argos within a Homebase’
• Expansion of our eBay Click and Collect initiative
• Rollout of our Hub and Spoke distribution model
• Extension of our product range
…and we will be using social analytics to track each of these every
step of the way
Looking ahead