SlideShare a Scribd company logo
1 of 14
Download to read offline
2017 Digital Retail Innovation
9 Areas Retail Marketers are Investing and Why
2017 Digital Retail Innovation
Robert Jones
Director, Research &
Insights
Marielle Habbel
Director, Customer
Strategy & Optimization
About the Study
• Fielded in February 2017
• 200 Retail Marketer Respondents
• 15 Questions on:
• Success in 2016
• Challenges for 2017
• Plans to invest in new technology
• Things to look forward to in 2017
One in five marketing orgs fell short of their 2016 goals
• 19% of retail marketers said they
feel short of their 2016 marketing
goals.
• 28% said they exceeded their
goals.
• Success in 2016 was strongly tied
to budget growth in 2017.
75% of marketers who exceeded
their 2016 goals had larger budgets
for 2017.
Retailers Asked to Do More with Less in 2017
Resources, human,
technical, and financial
were most commonly
listed as the biggest
expected challenge to
accomplishing 2017
marketing objectives.
Concerns about
Growth and Scalability
both loomed high over
retailers (16%) as well.
Resources, 21%
Growth/Scalin
g, 16%
Other, 15%Acquisition, 9%
Leadership/Org,
7%
Cross-
Channel/Mobile,
6%
Retention, 5%
Customer
Engagement, 5%
Innovation/Tech,
4%
Competition, 3%
Data, 3%
Attribution, 3%
Personalization,
2%
Automation, 1%
Largest Expected Challenges in 2017,
Categorized
Retailers see Email, Mobile as Keys to Meeting Goals
After their sites, email
and mobile are the
channels that retailers
say are most likely to
generate the most
online revenue for their
organizations in 2017.
Q. Which platform/channel do you see generating the most online
revenue for your organization in 2017? (digital channels)
Online
56%
Email
18%
Mobile
7%
Other
8%
Social
4%
Retailers See Lots of Room to Innovate in Email
Half of retailers
(51%) see “lots” of
room to innovate in
their email
marketing, while
nearly half (45%) see
“some room to
innovate. Only 3%
say there’s little-to-
no room to innovate.
Q. To what degree do you see your approach to email marketing as
having room for innovation?
1%
2%
45%
51%
None
Low - Little room to innovate
Medium - There is some room to
innovate
High - There is lots of room to
innovate
1 in 4 Retailers Aren’t Ready for Cross-Channel
Q. Do you feel that your org has the foundation and structure it needs
to excel in multi-cross/channel campaign management in 2017?• 27% of retailers think
their orgs aren’t ready
for cross/multi-
channel campaigns,
with the primary
barriers being a lack
of integrated tech and
a lack of
understanding of the
relevant strategies
Retailers see Email, Mobile as Keys to Meeting Goals
Retailers see Email
as the top channel
for retaining existing
customers in 2017,
and among the top
channels for
acquiring new
customers, with
Mobile a distant (but
prominent) second.
Channel
Driving New
customers
Retaining Existing
customers
Email 24% 56%
TV 3% 1%
Social 23% 10%
Mobile 10% 12%
Digital Advertising 24% 8%
Print 2% 4%
Native 3% 3%
Other 10% 7%
Q. Which channels do you expect to have the most success with in 2017 with
regard to driving new customers and retaining existing customers?
AI Primarily Used for Search, Recommendations
Although marketers have
been able to leverage
Artificial Intelligence (AI)
for some time, adoption is
still limited. Of the two
thirds of marketers (66%)
who leverage AI for
marketing purposes, the
most common
applications are in Search
(37%) and product
recommendations (33%).
Q. For what channels/in what ways do you currently use AI to
accomplish your goals?
Search
37%
Recommendation	
Engines	
33%
Programmatic	
Advertising
26%
Data	Science
26%
Marketing	
Forecasting
4%
Chatbots
13%
Other
5%
Email, Mobile Also Key Areas of Investment in 2017
Half (50%) of
retailers plan to
increase their
investment in Email
marketing and
automation in 2017,
and 38% plan to
increase their
investment in mobile
marketing.
Q. For each of the following marketing tactics/channels, do you plan to
increase or decrease your investment in 2017?
Channel Decrease Same Increase
Native advertising 4% 63% 33%
Content marketing 0% 63% 37%
Facebook/Google advertising 4% 52% 44%
Snapchat advertising 8% 75% 17%
Pinterest advertising 8% 67% 25%
Programmatic advertising 0% 75% 25%
Email/Marketing automation 0% 50% 50%
Mobile marketing 0% 62% 38%
ROI & Measurement 0% 58% 42%
Owned media 1% 67% 29%
Excitement in 2017 Stems from Personalization, AI
When	asked	about	what	
marketing	technology	
innovations	they	are	
most	excited	for	in	the	
upcoming	 year,	retailers	
primarily	listed	
Personalization	(22%)	
and	the	application	of	
Artificial	Intelligence	
(11%)	as	the	areas	
generating	the	most	
excitement.
Personalization,
22%
Other, 17%
AI, 11%
Data, 11%
Cross-Channel,
8%
Mobile, 6%
Native, 5%
Optimization, 5%
Programmatic,
5%
Automation, 3%
Design, 3%
Video, 3%
Retargeting, 2%
Social, 2%
Areas of Innovation that Retailers are Excited
for in 2017, Categorized
To Recap:
1. Retailers’ primary concern in 2017 is being asked to do more with less,
particularly if they struggled to meet goals in 2016
2. Retailers see Email and Mobile as key Channels that will drive growth and
success in 2017
3. Retailers see plenty of room to innovate in these channels in 2017, and
plan to invest more in them
4. Automation and cross-channel are two of the major ways they’re looking
to get more out of these channels
www.sailthru.com
sales@sailthru.com
817.812.8689
@sailthru
NYC HQ
160 Varick St.,
12th Floor
New York, NY 10013
San Francisco
360 Clementina Street
San Francisco,
CA 94103
Los Angeles
7083 Hollywood Blvd
5th Floor, Los Angeles,
CA 90028
London
6 Ramillies Street
2nd Floor, London
W1F 7TY, United Kingdom
Wellington
31 Dixon Street
Level 2, Wellington
6011, New Zealand
Thank you

More Related Content

What's hot

B2B Marketing: Do The Maths - Data Versus Creativity
B2B Marketing: Do The Maths - Data Versus CreativityB2B Marketing: Do The Maths - Data Versus Creativity
B2B Marketing: Do The Maths - Data Versus CreativitySilverpop
 
Email-Marketing-Metrics-Benchmark-Study-2016-IBM
Email-Marketing-Metrics-Benchmark-Study-2016-IBMEmail-Marketing-Metrics-Benchmark-Study-2016-IBM
Email-Marketing-Metrics-Benchmark-Study-2016-IBMTyler Furnari
 
Infographic: Email Marketing Importance
Infographic: Email Marketing Importance Infographic: Email Marketing Importance
Infographic: Email Marketing Importance Luis Salerno
 
Lifecycle Marketing_Stacy Lin (Final)
Lifecycle Marketing_Stacy Lin (Final)Lifecycle Marketing_Stacy Lin (Final)
Lifecycle Marketing_Stacy Lin (Final)Stacy
 
Lizzy Funk - A Three Step Process to Better Customer Engagement
Lizzy Funk - A Three Step Process to Better Customer EngagementLizzy Funk - A Three Step Process to Better Customer Engagement
Lizzy Funk - A Three Step Process to Better Customer EngagementJulia Grosman
 
The State of Email in 2018: 5 Insights from the Litmus Marketing Team
The State of Email in 2018: 5 Insights from the Litmus Marketing TeamThe State of Email in 2018: 5 Insights from the Litmus Marketing Team
The State of Email in 2018: 5 Insights from the Litmus Marketing TeamLitmus
 
CRM & Customer Insight stats from August - from the rais team
CRM & Customer Insight stats from August - from the rais teamCRM & Customer Insight stats from August - from the rais team
CRM & Customer Insight stats from August - from the rais teamWill Young
 
Why Start Email Marketing Now?
Why Start Email Marketing Now?Why Start Email Marketing Now?
Why Start Email Marketing Now?Forfront
 
Marketing Analytics: Attribution modeling
Marketing Analytics: Attribution modelingMarketing Analytics: Attribution modeling
Marketing Analytics: Attribution modelingIzmir Vodinaj
 
Fueling the Funnel through Customer Engagement - ExactTarget
Fueling the Funnel through Customer Engagement - ExactTargetFueling the Funnel through Customer Engagement - ExactTarget
Fueling the Funnel through Customer Engagement - ExactTargetOnline Marketing Summit
 
B2B Email Marketing Tips to Help Boost Sales
B2B Email Marketing Tips to Help Boost SalesB2B Email Marketing Tips to Help Boost Sales
B2B Email Marketing Tips to Help Boost SaleseTargetMedia Reviews
 
How the Top 20 SaaS Companies do Twitter Support
How the Top 20 SaaS Companies do Twitter SupportHow the Top 20 SaaS Companies do Twitter Support
How the Top 20 SaaS Companies do Twitter SupportBenjamin Brandall
 
2021 Content Marketing Trends [with a Key Data]
2021 Content Marketing Trends [with a Key Data]2021 Content Marketing Trends [with a Key Data]
2021 Content Marketing Trends [with a Key Data]Adsy
 
Increase Online Sales by Optimizing Your Email Experience
Increase Online Sales by Optimizing Your Email Experience Increase Online Sales by Optimizing Your Email Experience
Increase Online Sales by Optimizing Your Email Experience Return Path
 
Fifty Shades of Branding
Fifty Shades of BrandingFifty Shades of Branding
Fifty Shades of BrandingWebdam
 
Guide to B2B email marketing strategy
Guide to B2B email marketing strategyGuide to B2B email marketing strategy
Guide to B2B email marketing strategyPure360
 
B2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North America
B2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North AmericaB2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North America
B2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North AmericaMarketingProfs
 
Key Insights and Actionable Tactics from IBM Email & Mobile Benchmark Report
Key Insights and Actionable Tactics from IBM Email & Mobile Benchmark ReportKey Insights and Actionable Tactics from IBM Email & Mobile Benchmark Report
Key Insights and Actionable Tactics from IBM Email & Mobile Benchmark ReportDavid Clemen
 

What's hot (20)

B2B Marketing: Do The Maths - Data Versus Creativity
B2B Marketing: Do The Maths - Data Versus CreativityB2B Marketing: Do The Maths - Data Versus Creativity
B2B Marketing: Do The Maths - Data Versus Creativity
 
Email-Marketing-Metrics-Benchmark-Study-2016-IBM
Email-Marketing-Metrics-Benchmark-Study-2016-IBMEmail-Marketing-Metrics-Benchmark-Study-2016-IBM
Email-Marketing-Metrics-Benchmark-Study-2016-IBM
 
Infographic: Email Marketing Importance
Infographic: Email Marketing Importance Infographic: Email Marketing Importance
Infographic: Email Marketing Importance
 
Lifecycle Marketing_Stacy Lin (Final)
Lifecycle Marketing_Stacy Lin (Final)Lifecycle Marketing_Stacy Lin (Final)
Lifecycle Marketing_Stacy Lin (Final)
 
Lizzy Funk - A Three Step Process to Better Customer Engagement
Lizzy Funk - A Three Step Process to Better Customer EngagementLizzy Funk - A Three Step Process to Better Customer Engagement
Lizzy Funk - A Three Step Process to Better Customer Engagement
 
The State of Email in 2018: 5 Insights from the Litmus Marketing Team
The State of Email in 2018: 5 Insights from the Litmus Marketing TeamThe State of Email in 2018: 5 Insights from the Litmus Marketing Team
The State of Email in 2018: 5 Insights from the Litmus Marketing Team
 
CRM & Customer Insight stats from August - from the rais team
CRM & Customer Insight stats from August - from the rais teamCRM & Customer Insight stats from August - from the rais team
CRM & Customer Insight stats from August - from the rais team
 
Why Start Email Marketing Now?
Why Start Email Marketing Now?Why Start Email Marketing Now?
Why Start Email Marketing Now?
 
Marketing Analytics: Attribution modeling
Marketing Analytics: Attribution modelingMarketing Analytics: Attribution modeling
Marketing Analytics: Attribution modeling
 
Fueling the Funnel through Customer Engagement - ExactTarget
Fueling the Funnel through Customer Engagement - ExactTargetFueling the Funnel through Customer Engagement - ExactTarget
Fueling the Funnel through Customer Engagement - ExactTarget
 
B2B Email Marketing Tips to Help Boost Sales
B2B Email Marketing Tips to Help Boost SalesB2B Email Marketing Tips to Help Boost Sales
B2B Email Marketing Tips to Help Boost Sales
 
How the Top 20 SaaS Companies do Twitter Support
How the Top 20 SaaS Companies do Twitter SupportHow the Top 20 SaaS Companies do Twitter Support
How the Top 20 SaaS Companies do Twitter Support
 
2021 Content Marketing Trends [with a Key Data]
2021 Content Marketing Trends [with a Key Data]2021 Content Marketing Trends [with a Key Data]
2021 Content Marketing Trends [with a Key Data]
 
Increase Online Sales by Optimizing Your Email Experience
Increase Online Sales by Optimizing Your Email Experience Increase Online Sales by Optimizing Your Email Experience
Increase Online Sales by Optimizing Your Email Experience
 
What is spot on
What is spot onWhat is spot on
What is spot on
 
Fifty Shades of Branding
Fifty Shades of BrandingFifty Shades of Branding
Fifty Shades of Branding
 
Building lifecycle strategies final
Building lifecycle strategies finalBuilding lifecycle strategies final
Building lifecycle strategies final
 
Guide to B2B email marketing strategy
Guide to B2B email marketing strategyGuide to B2B email marketing strategy
Guide to B2B email marketing strategy
 
B2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North America
B2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North AmericaB2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North America
B2C Content Marketing: 2014 Benchmarks, Budgets, and Trends—North America
 
Key Insights and Actionable Tactics from IBM Email & Mobile Benchmark Report
Key Insights and Actionable Tactics from IBM Email & Mobile Benchmark ReportKey Insights and Actionable Tactics from IBM Email & Mobile Benchmark Report
Key Insights and Actionable Tactics from IBM Email & Mobile Benchmark Report
 

Viewers also liked

Jeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYC
Jeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYCJeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYC
Jeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYCMLconf
 
Retail Innovation with Mobile & Wearables In Store - Use Cases
Retail Innovation with Mobile & Wearables In Store - Use CasesRetail Innovation with Mobile & Wearables In Store - Use Cases
Retail Innovation with Mobile & Wearables In Store - Use CasesCraig Smith
 
A Publisher's Survival Guide for the Platform Era
A Publisher's Survival Guide for the Platform EraA Publisher's Survival Guide for the Platform Era
A Publisher's Survival Guide for the Platform EraBloomberg Media
 
Datamarket: A Start-Up that will Change the World (with Open Data)
Datamarket: A Start-Up that will Change the World (with Open Data)Datamarket: A Start-Up that will Change the World (with Open Data)
Datamarket: A Start-Up that will Change the World (with Open Data)Bo Olafsson
 
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...Deborah Weinswig
 
Wincor TP.Linux - Best Retail Application
Wincor TP.Linux - Best Retail ApplicationWincor TP.Linux - Best Retail Application
Wincor TP.Linux - Best Retail Applicationmukesh_ags
 
2020 technology-landscape
2020 technology-landscape2020 technology-landscape
2020 technology-landscapeGuy Bieber
 
Retails brings here a Synopsis of its infrastructure & Projects handled.
Retails brings here a Synopsis of its infrastructure & Projects handled.Retails brings here a Synopsis of its infrastructure & Projects handled.
Retails brings here a Synopsis of its infrastructure & Projects handled.Gagan Gandhi
 
Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...
Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...
Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...MongoDB
 
Future of payments - Insights from Discussions Building on an initial perspe...
Future of payments  - Insights from Discussions Building on an initial perspe...Future of payments  - Insights from Discussions Building on an initial perspe...
Future of payments - Insights from Discussions Building on an initial perspe...Future Agenda
 
Joe Ballard - Adapt your business to the future of commerce
Joe Ballard - Adapt your business to the future of commerceJoe Ballard - Adapt your business to the future of commerce
Joe Ballard - Adapt your business to the future of commerceBert Evens
 
The DNA of Future Brands
The DNA of Future BrandsThe DNA of Future Brands
The DNA of Future BrandsLiza Kindred
 
The Future of Commerce
The Future of CommerceThe Future of Commerce
The Future of CommerceLiza Kindred
 
Digital Innovation in Financial Services
Digital Innovation in Financial ServicesDigital Innovation in Financial Services
Digital Innovation in Financial ServicesNick Baker
 
Big Data Analytics 1: Driving Personalized Experiences Using Customer Profiles
Big Data Analytics 1: Driving Personalized Experiences Using Customer ProfilesBig Data Analytics 1: Driving Personalized Experiences Using Customer Profiles
Big Data Analytics 1: Driving Personalized Experiences Using Customer ProfilesMongoDB
 
Digital, Innovation & Creative Projects | 48
Digital, Innovation & Creative Projects | 48Digital, Innovation & Creative Projects | 48
Digital, Innovation & Creative Projects | 48Zohar Urian
 
Digital, Innovation & Creative Projects | 46
Digital, Innovation & Creative Projects | 46Digital, Innovation & Creative Projects | 46
Digital, Innovation & Creative Projects | 46Zohar Urian
 

Viewers also liked (18)

Jeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYC
Jeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYCJeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYC
Jeremy Stanley, EVP/Data Scientist, Sailthru at MLconf NYC
 
Retail Innovation with Mobile & Wearables In Store - Use Cases
Retail Innovation with Mobile & Wearables In Store - Use CasesRetail Innovation with Mobile & Wearables In Store - Use Cases
Retail Innovation with Mobile & Wearables In Store - Use Cases
 
A Publisher's Survival Guide for the Platform Era
A Publisher's Survival Guide for the Platform EraA Publisher's Survival Guide for the Platform Era
A Publisher's Survival Guide for the Platform Era
 
Datamarket: A Start-Up that will Change the World (with Open Data)
Datamarket: A Start-Up that will Change the World (with Open Data)Datamarket: A Start-Up that will Change the World (with Open Data)
Datamarket: A Start-Up that will Change the World (with Open Data)
 
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
 
Wincor TP.Linux - Best Retail Application
Wincor TP.Linux - Best Retail ApplicationWincor TP.Linux - Best Retail Application
Wincor TP.Linux - Best Retail Application
 
2020 technology-landscape
2020 technology-landscape2020 technology-landscape
2020 technology-landscape
 
Retails brings here a Synopsis of its infrastructure & Projects handled.
Retails brings here a Synopsis of its infrastructure & Projects handled.Retails brings here a Synopsis of its infrastructure & Projects handled.
Retails brings here a Synopsis of its infrastructure & Projects handled.
 
Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...
Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...
Big Data Analytics 2: Leveraging Customer Behavior to Enhance Relevancy in Pe...
 
What's next for Big Data? -- Apache Spark
What's next for Big Data? -- Apache SparkWhat's next for Big Data? -- Apache Spark
What's next for Big Data? -- Apache Spark
 
Future of payments - Insights from Discussions Building on an initial perspe...
Future of payments  - Insights from Discussions Building on an initial perspe...Future of payments  - Insights from Discussions Building on an initial perspe...
Future of payments - Insights from Discussions Building on an initial perspe...
 
Joe Ballard - Adapt your business to the future of commerce
Joe Ballard - Adapt your business to the future of commerceJoe Ballard - Adapt your business to the future of commerce
Joe Ballard - Adapt your business to the future of commerce
 
The DNA of Future Brands
The DNA of Future BrandsThe DNA of Future Brands
The DNA of Future Brands
 
The Future of Commerce
The Future of CommerceThe Future of Commerce
The Future of Commerce
 
Digital Innovation in Financial Services
Digital Innovation in Financial ServicesDigital Innovation in Financial Services
Digital Innovation in Financial Services
 
Big Data Analytics 1: Driving Personalized Experiences Using Customer Profiles
Big Data Analytics 1: Driving Personalized Experiences Using Customer ProfilesBig Data Analytics 1: Driving Personalized Experiences Using Customer Profiles
Big Data Analytics 1: Driving Personalized Experiences Using Customer Profiles
 
Digital, Innovation & Creative Projects | 48
Digital, Innovation & Creative Projects | 48Digital, Innovation & Creative Projects | 48
Digital, Innovation & Creative Projects | 48
 
Digital, Innovation & Creative Projects | 46
Digital, Innovation & Creative Projects | 46Digital, Innovation & Creative Projects | 46
Digital, Innovation & Creative Projects | 46
 

Similar to 2017 Digital Retail Innovation: 9 Areas Retail Marketers are Investing and Why

Marketing investigation HubSpot Inbound Marketing
Marketing investigation HubSpot Inbound MarketingMarketing investigation HubSpot Inbound Marketing
Marketing investigation HubSpot Inbound MarketingAlex23544
 
eTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research ReporteTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research ReportDavid Matthews
 
Marketing report state-of-marketing
Marketing report state-of-marketingMarketing report state-of-marketing
Marketing report state-of-marketingAlex23544
 
ppt on Comparative study in between traditional and digital marketing.
ppt on Comparative study in between traditional and digital marketing.ppt on Comparative study in between traditional and digital marketing.
ppt on Comparative study in between traditional and digital marketing.Khushpreet Singh
 
milwaukee-b2b-content-marketing-survey-report
milwaukee-b2b-content-marketing-survey-reportmilwaukee-b2b-content-marketing-survey-report
milwaukee-b2b-content-marketing-survey-reportChuck Frey
 
Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...
Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...
Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...Makesbridge
 
Digital marketing strategy and planning | About Business
Digital marketing strategy and planning | About BusinessDigital marketing strategy and planning | About Business
Digital marketing strategy and planning | About BusinessGaditek
 
Point of Sale Industry Report - An Executive Summary
Point of Sale Industry Report - An Executive SummaryPoint of Sale Industry Report - An Executive Summary
Point of Sale Industry Report - An Executive SummaryAnil Noorani
 
2015 State of B2B Marketing
2015 State of B2B Marketing2015 State of B2B Marketing
2015 State of B2B MarketingMathew Sweezey
 
Digital trends to trend in 2015
Digital trends to trend in 2015Digital trends to trend in 2015
Digital trends to trend in 2015Ambika Sharma
 
Digital Trends To Trend In 2015
Digital Trends To Trend In 2015Digital Trends To Trend In 2015
Digital Trends To Trend In 2015Michael Anderson
 
What Really Matters in B2B marketing today!
What Really Matters in B2B marketing today!What Really Matters in B2B marketing today!
What Really Matters in B2B marketing today!Vivastream
 
State of Marketing 2015
State of Marketing 2015 State of Marketing 2015
State of Marketing 2015 Mathew Sweezey
 
2015 state of marketing
2015 state of marketing2015 state of marketing
2015 state of marketingAsim Khan
 
2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]
2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]
2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]Placester
 
2014 data driven marketing predictions
2014 data driven marketing predictions2014 data driven marketing predictions
2014 data driven marketing predictionsAgilOne
 
Tech talk building an insight driven customer experience yesmail_shull
Tech talk building an insight driven customer experience yesmail_shullTech talk building an insight driven customer experience yesmail_shull
Tech talk building an insight driven customer experience yesmail_shullNational Retail Federation
 
2014 data driven marketing predictions
2014 data driven marketing predictions2014 data driven marketing predictions
2014 data driven marketing predictionsAkosa Melifonwu
 
2014 Luxury Ecommerce Market Research Survey Results
2014 Luxury Ecommerce Market Research Survey Results2014 Luxury Ecommerce Market Research Survey Results
2014 Luxury Ecommerce Market Research Survey ResultsDavid Matthews
 
Luxury Interactive Benchmarking Study
Luxury Interactive Benchmarking StudyLuxury Interactive Benchmarking Study
Luxury Interactive Benchmarking StudyLaura_Publisher
 

Similar to 2017 Digital Retail Innovation: 9 Areas Retail Marketers are Investing and Why (20)

Marketing investigation HubSpot Inbound Marketing
Marketing investigation HubSpot Inbound MarketingMarketing investigation HubSpot Inbound Marketing
Marketing investigation HubSpot Inbound Marketing
 
eTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research ReporteTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research Report
 
Marketing report state-of-marketing
Marketing report state-of-marketingMarketing report state-of-marketing
Marketing report state-of-marketing
 
ppt on Comparative study in between traditional and digital marketing.
ppt on Comparative study in between traditional and digital marketing.ppt on Comparative study in between traditional and digital marketing.
ppt on Comparative study in between traditional and digital marketing.
 
milwaukee-b2b-content-marketing-survey-report
milwaukee-b2b-content-marketing-survey-reportmilwaukee-b2b-content-marketing-survey-report
milwaukee-b2b-content-marketing-survey-report
 
Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...
Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...
Digital Marketing Statistics of 2014 & 2015- Credible Projections with Rules ...
 
Digital marketing strategy and planning | About Business
Digital marketing strategy and planning | About BusinessDigital marketing strategy and planning | About Business
Digital marketing strategy and planning | About Business
 
Point of Sale Industry Report - An Executive Summary
Point of Sale Industry Report - An Executive SummaryPoint of Sale Industry Report - An Executive Summary
Point of Sale Industry Report - An Executive Summary
 
2015 State of B2B Marketing
2015 State of B2B Marketing2015 State of B2B Marketing
2015 State of B2B Marketing
 
Digital trends to trend in 2015
Digital trends to trend in 2015Digital trends to trend in 2015
Digital trends to trend in 2015
 
Digital Trends To Trend In 2015
Digital Trends To Trend In 2015Digital Trends To Trend In 2015
Digital Trends To Trend In 2015
 
What Really Matters in B2B marketing today!
What Really Matters in B2B marketing today!What Really Matters in B2B marketing today!
What Really Matters in B2B marketing today!
 
State of Marketing 2015
State of Marketing 2015 State of Marketing 2015
State of Marketing 2015
 
2015 state of marketing
2015 state of marketing2015 state of marketing
2015 state of marketing
 
2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]
2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]
2015 Online Marketing Statistics Real Estate Agents Should Know [Free Ebook]
 
2014 data driven marketing predictions
2014 data driven marketing predictions2014 data driven marketing predictions
2014 data driven marketing predictions
 
Tech talk building an insight driven customer experience yesmail_shull
Tech talk building an insight driven customer experience yesmail_shullTech talk building an insight driven customer experience yesmail_shull
Tech talk building an insight driven customer experience yesmail_shull
 
2014 data driven marketing predictions
2014 data driven marketing predictions2014 data driven marketing predictions
2014 data driven marketing predictions
 
2014 Luxury Ecommerce Market Research Survey Results
2014 Luxury Ecommerce Market Research Survey Results2014 Luxury Ecommerce Market Research Survey Results
2014 Luxury Ecommerce Market Research Survey Results
 
Luxury Interactive Benchmarking Study
Luxury Interactive Benchmarking StudyLuxury Interactive Benchmarking Study
Luxury Interactive Benchmarking Study
 

2017 Digital Retail Innovation: 9 Areas Retail Marketers are Investing and Why

  • 1. 2017 Digital Retail Innovation
  • 2. 9 Areas Retail Marketers are Investing and Why 2017 Digital Retail Innovation Robert Jones Director, Research & Insights Marielle Habbel Director, Customer Strategy & Optimization
  • 3. About the Study • Fielded in February 2017 • 200 Retail Marketer Respondents • 15 Questions on: • Success in 2016 • Challenges for 2017 • Plans to invest in new technology • Things to look forward to in 2017
  • 4. One in five marketing orgs fell short of their 2016 goals • 19% of retail marketers said they feel short of their 2016 marketing goals. • 28% said they exceeded their goals. • Success in 2016 was strongly tied to budget growth in 2017. 75% of marketers who exceeded their 2016 goals had larger budgets for 2017.
  • 5. Retailers Asked to Do More with Less in 2017 Resources, human, technical, and financial were most commonly listed as the biggest expected challenge to accomplishing 2017 marketing objectives. Concerns about Growth and Scalability both loomed high over retailers (16%) as well. Resources, 21% Growth/Scalin g, 16% Other, 15%Acquisition, 9% Leadership/Org, 7% Cross- Channel/Mobile, 6% Retention, 5% Customer Engagement, 5% Innovation/Tech, 4% Competition, 3% Data, 3% Attribution, 3% Personalization, 2% Automation, 1% Largest Expected Challenges in 2017, Categorized
  • 6. Retailers see Email, Mobile as Keys to Meeting Goals After their sites, email and mobile are the channels that retailers say are most likely to generate the most online revenue for their organizations in 2017. Q. Which platform/channel do you see generating the most online revenue for your organization in 2017? (digital channels) Online 56% Email 18% Mobile 7% Other 8% Social 4%
  • 7. Retailers See Lots of Room to Innovate in Email Half of retailers (51%) see “lots” of room to innovate in their email marketing, while nearly half (45%) see “some room to innovate. Only 3% say there’s little-to- no room to innovate. Q. To what degree do you see your approach to email marketing as having room for innovation? 1% 2% 45% 51% None Low - Little room to innovate Medium - There is some room to innovate High - There is lots of room to innovate
  • 8. 1 in 4 Retailers Aren’t Ready for Cross-Channel Q. Do you feel that your org has the foundation and structure it needs to excel in multi-cross/channel campaign management in 2017?• 27% of retailers think their orgs aren’t ready for cross/multi- channel campaigns, with the primary barriers being a lack of integrated tech and a lack of understanding of the relevant strategies
  • 9. Retailers see Email, Mobile as Keys to Meeting Goals Retailers see Email as the top channel for retaining existing customers in 2017, and among the top channels for acquiring new customers, with Mobile a distant (but prominent) second. Channel Driving New customers Retaining Existing customers Email 24% 56% TV 3% 1% Social 23% 10% Mobile 10% 12% Digital Advertising 24% 8% Print 2% 4% Native 3% 3% Other 10% 7% Q. Which channels do you expect to have the most success with in 2017 with regard to driving new customers and retaining existing customers?
  • 10. AI Primarily Used for Search, Recommendations Although marketers have been able to leverage Artificial Intelligence (AI) for some time, adoption is still limited. Of the two thirds of marketers (66%) who leverage AI for marketing purposes, the most common applications are in Search (37%) and product recommendations (33%). Q. For what channels/in what ways do you currently use AI to accomplish your goals? Search 37% Recommendation Engines 33% Programmatic Advertising 26% Data Science 26% Marketing Forecasting 4% Chatbots 13% Other 5%
  • 11. Email, Mobile Also Key Areas of Investment in 2017 Half (50%) of retailers plan to increase their investment in Email marketing and automation in 2017, and 38% plan to increase their investment in mobile marketing. Q. For each of the following marketing tactics/channels, do you plan to increase or decrease your investment in 2017? Channel Decrease Same Increase Native advertising 4% 63% 33% Content marketing 0% 63% 37% Facebook/Google advertising 4% 52% 44% Snapchat advertising 8% 75% 17% Pinterest advertising 8% 67% 25% Programmatic advertising 0% 75% 25% Email/Marketing automation 0% 50% 50% Mobile marketing 0% 62% 38% ROI & Measurement 0% 58% 42% Owned media 1% 67% 29%
  • 12. Excitement in 2017 Stems from Personalization, AI When asked about what marketing technology innovations they are most excited for in the upcoming year, retailers primarily listed Personalization (22%) and the application of Artificial Intelligence (11%) as the areas generating the most excitement. Personalization, 22% Other, 17% AI, 11% Data, 11% Cross-Channel, 8% Mobile, 6% Native, 5% Optimization, 5% Programmatic, 5% Automation, 3% Design, 3% Video, 3% Retargeting, 2% Social, 2% Areas of Innovation that Retailers are Excited for in 2017, Categorized
  • 13. To Recap: 1. Retailers’ primary concern in 2017 is being asked to do more with less, particularly if they struggled to meet goals in 2016 2. Retailers see Email and Mobile as key Channels that will drive growth and success in 2017 3. Retailers see plenty of room to innovate in these channels in 2017, and plan to invest more in them 4. Automation and cross-channel are two of the major ways they’re looking to get more out of these channels
  • 14. www.sailthru.com sales@sailthru.com 817.812.8689 @sailthru NYC HQ 160 Varick St., 12th Floor New York, NY 10013 San Francisco 360 Clementina Street San Francisco, CA 94103 Los Angeles 7083 Hollywood Blvd 5th Floor, Los Angeles, CA 90028 London 6 Ramillies Street 2nd Floor, London W1F 7TY, United Kingdom Wellington 31 Dixon Street Level 2, Wellington 6011, New Zealand Thank you