SlideShare a Scribd company logo
1 of 42
Digital Marketing
in the Fashion Industry
Part 1
Laura Gelis - 2016
Objectives of the module
• Get some insights on what is a
digital marketing strategy
• Review all the main existing
digital tools and how they are
used in the fashion industry
• Understand how to build a
consistent digital marketing
strategy
Laura Gelis - 2016
Fashion & Digital : it’s complicated !
• Until recently, luxury fashion
brands have been notoriously
reticent to dabble in digital
commerce and online advertising
• Things are evolving : fashion
brands spend more, in global, by
ramping up digital expenses
• 53% more brands ran online ads
in September 2015 than in the
same time period last year.
(Source Mediaradar)
Laura Gelis - 2016
Digital : a marketing revolution
Laura Gelis - 2016
Digital : a marketing revolution
So Many Data
Laura Gelis - 2016
Digital : a marketing revolution
So Many Channels
Laura Gelis - 2016
Digital : a marketing revolution
A new consumer
Laura Gelis - 2016
CONNECTED INFORMED&
Blog Mania
Fashion Blogs : 958 000 000 results
Twitter fashion : 2 660 000 000 results
In China there are more than 618
million Internet users and half of
them are purchasing online.
Digital : a marketing revolution
New challenges for Marketing Directors
• Understanding the « new » consumer(s)
• Following the consumer journey accross all digital
channels
• Making use of all digital channels in a consistent
manner
• Determining which technologies/channels are
relevant – Adopting Test and Learn mindset
• Managing the budget and take the right decisions
• Adapting the marketing team and marketing skills
Laura Gelis - 2016
Laura Gelis - 2016
?
Marketing Budgets are evolving to integrate Marketing Digital
specific budgets :
Top areas of investment for Digital Marketing :
Email Marketing
Website performance
Mobile App development
Lead management
Search Marketing
Digital Marketing : Some Figures
Laura Gelis - 2016
The BIG headache for
Marketing Directors !
Japan : 24%
Germany : 24
UK : 549 %
France : approx 30%
% of Marketing Budget dedicated to Digital Marketing :
US : 31 %
China : 42%
THE DIGITAL MARKETING
STRATEGY
Laura Gelis - 2016
DIGITAL MARKETING STATEGY
To provide a consistent direction for all digital
activities in order to sustain business objectives
while being smoothly integrated with other
general marketing activities.
Laura Gelis - 2016
Building a Digital Marketing Strategy
• Consistent with business strategy and
marketing strategy (segmentation,
targeting, positioning…)
• Set clear objectives : linked to business
and specific to digital activities
• Define a value proposition specific to
digital activities for consumers,
prospects and partners
• Set and follow the consumer journey
• Define a communication mix to attain
the objectives
• Define a budget and a roadmap
Laura Gelis - 2016
Buildind a Digital Strategy
LOUIS VUITTON
Luxury Brand
- Brand DNA
- Creativity
- Know How
NET A PORTER
Luxury
E-commerce
- Maximize sales /
visitor
- Newness / trends
- Merchandising and
promotions
Laura Gelis - 2016
UNIQLO
Mass Market
Retailer
- Maximize profit of
each store
- Innovation
- Capsule Collections
Three different business models - three different business strategy - three different digital
marketing strategy
Some digital marketing specific concepts
• Engagement vs Awareness : make the consumer
react to the brand (like, comment, share)
• Permission : implicit or explicit agreement of the
consumer to receive messages (emailing,
personal account via login…)
• Content : Digital Marketing is relying heavily on
content particularly in the fashion industry
Laura Gelis - 2016
Specific challenges
• Complexity : to build a consistent stategy accross
all chanels, analyzing all datas…
• Competitive analysis : difficult to follow everything
• Technological agility / savvy
• Cost – digital is not free
• Saturation
• Being open to every new technology and have the
ability to decide if it is consistent with brand and
business
Laura Gelis - 2016
Generic digital strategies
• Create a digital value proposition to acquire and
retain customers while providing engagement
through products or services
• Target coverage : attract the target audience to
owned media in order to increase awareness,
preference and buy intentions
• Online / offline sales efficiency and impact
Laura Gelis - 2016
Buildind a Digital Strategy
LOUIS VUITTON
- Live Fashion Show
- All Collections
- About the LV house
- LV fondation
E-commerce is limited to
small « pieces », adress
of shops
Social Networks links
NET A PORTER
- Shoppable magazine
- Editorial
- Products
- Full e-commerce with
full suggestions to
increase sales
- No social media link
except The Net Set
Laura Gelis - 2016
UNIQLO
- Products, products,
products
- Full e-commerce, no
suggestion, adress of
shops
- Facebook, instagram
Support & build Brand DNA
& brand engagement
Create additional retail value
through online presence
Maximize check-out amount
Digital Marketing Strategy canvass
• Situation analysis : where are we ?
• Objectives : where do we want to go ?
• Strategy : how to go there ?
• Tactics : how to go precisely (incl budget)?
• Actions : who does what and when ?
• Control : how do we verify performance ?
Laura Gelis - 2016
Situation : analysis of digital situation
Many different KPI can be analyzed depending on the company and its strategy
• Sales efficiency :
– Number of leads created (new accounts), Online sales per month, Retention and loyalty
• Marketing efficiency
– Awareness, Preference,Recommendation
• Digital marketing efficiency
– Number of visits, number of sessions, page views, unique visitors, time spent, % of
registration, % conversation rate, churn, click through rate….
• Resources and digital skills
– Financial resources : budget
– Technological Resources
– Human resources (IT, Mkg)
– Skills (community management, web development, content creation…)
– Organisation / process
• Analysis of digital maturity of the organizationLaura Gelis - 2016
Define strategic objectives
• Aligned with the company business objectives
• SMART objectives : Specific, measurable,
attainable, realistic, Time
• 5S : Sell, Speak, Serve, Save, Sizzle
Laura Gelis - 2016
Laura Gelis - 2016
Define strategic objectives
SELL
• Products
• Promotions
• Services (free delivery)
• Payment
SPEAK
• Increase engagement by
starting and encouraging
conversation
Laura Gelis - 2016
Define strategic objectives
SERVE
• Develop all services provided to
customers
• Customer satisfaction goals to
assess how you good you are at
customer service and then
improve it further
• ASOS have invested in a choice
of customer service channel
Laura Gelis - 2016
Define strategic objectives
SAVE
• Budget objectives
• Show the value that is gained vs
use of traditional marketing
Laura Gelis - 2016
Define strategic objectives
SIZZLE
• The amplifying effect of
digital
• Use of all relevant digital to
make the story sizzzle
• Building the brand online
Laura Gelis - 2016
Define strategic objectives
The digital Marketing Strategy
• Adapted to the value creation model
• Will translate in every step of the value
creation chain :
- attract
- engage
- convert
- retain
Laura Gelis - 2016
Interested in this content ?
Want to know more ?
Please contact me !
Laura Gelis - 2016
Laura.gelis@brandandlab.com
ATTRACT
How are you going to attract qualified buyers to your business?
• Specific to digital marketing : Marketing PULL
• The most important step : key to develop the whole strategy
• Several acquisition strategies should be put in place :
– Analyze
– Compare
– Develop
• KPI to take into account to compare the different strategies
– Volume of traffic generated
– The cost for each new visitor
– Qality of the traffic / transformation rate
– ROI : value created vs cost
Laura Gelis - 2016
Laura Gelis - 2016
H
O
W
?
• Buying Qualified Data Base
• Competition on social networks
• Content published on social networks
• Search marketing
• Online advertising (display)
• Social network advertising
• Partnerships with media or partners /
influencers (bloggers)
Laura Gelis - 2016
ATTRACT
ATTRACT
Laura Gelis - 2016
Display
Social network content
Social network advertising
Partner emailing
Content to share
ATTRACT : analyse & compare
Volume Cost Conversion Value ROI
Running a
Competition
100.OOO
adresses
100k€ x 0,30
= 30.000 €
1,5% buy
70€ on
average
100k x 1,5%
x 70€ =
105.000 €
(105-30)/30
= 250%
Buying a
qualified
database
5.000
adresses
5.000 x 2 € =
10.000 €
10% buy
70€ on
average
5000 x 10%
x 70 € =
35.000 €
(35-10)/10 =
250%
Laura Gelis - 2016
Same ROI
BUT different costs and different value
If we buy a qualified database every month we get
the same result as a competition every quarter
ENGAGE
• Listen. Care. Make them Dream.
• Build trust, desire, excitment
• Gain a better understanding of your customer’s
needs and wants
Laura Gelis - 2016
Engage : Case study Sezane
Laura Gelis - 2016
Instagram : 123 K + 168 K
Facebook : 280 K
Laura Gelis - 2016
Engage : Case study Balmain
Instagram : 3,9 M
Twitter : 252 K
Facebook : 553 K
Laura Gelis - 2016
DESIGN A COACH TOTE | DIGITAL CAMPAIGN
Objective : engage with a young audience
3,200 CUSTOM TOTE DESIGNS • 6.5 MILLION ENGAGEMENTS
Engage : Case study Coach
Coach invited fans to design
their own unique Coach tote
and vote for their favorite
design. The winning design was
created into a special edition
Coach Tote sold online and in
select stores.
There are three reasons why people participate :
I can do it – I can drag and click and create something quickly and easily
I’m a creator – it’s my goal in life to create a bag for Coach.
I want to be a celebrity. 25% of young people believe they can be a celebrity.
CONVERT
• The most important step but not always well mastered
• Different KPIs to monitor depending on the business :
find the right KPI !
• For a media website : number of visits with more than
one page viewed
• For an information site : visit length > 2 mn
• For e-commerce : number of sales / number of visit
• Service : number of subscriptions
Laura Gelis - 2016
« You’ve invested a great deal of time, effort and energy to attract and engage qualified
buyers – remember to make it easy for them to buy your products when the time is right »
!
CONVERT
• Analyse the tunnel of conversion : the different
steps for the visitor to perform the final action
– Number of steps
– Complexity
• The Optimization of the tunnel is key
– Consistent speach along the way / consistent
experience
– Good UX and Design
– In e-commerce average conversion rate is 2%
Laura Gelis - 2016
Laura Gelis - 2016
Retain : build loyalty
• Keep existing customers and create value on the
long term
• Today building loyalty is key as the cost to keep a
client is 5 to 6 x less expensive than recruiting a
new one.
• Loyal customers are also often good ambassadors
and source for new value creation (share content,
advocates of the brand)
Laura Gelis - 2016
Retain
Laura Gelis - 2016

More Related Content

What's hot

Creating A Social Media Strategy
Creating A Social Media StrategyCreating A Social Media Strategy
Creating A Social Media StrategyBrian Huonker
 
Social Media Strategy Sample
Social Media Strategy Sample Social Media Strategy Sample
Social Media Strategy Sample Mohamed Ramadan
 
Social media marketing
Social media marketingSocial media marketing
Social media marketingMihirKumar39
 
Digital Marketing Strategy
Digital Marketing StrategyDigital Marketing Strategy
Digital Marketing Strategywhittem3
 
Digital marketing strategy
Digital marketing strategyDigital marketing strategy
Digital marketing strategyvrinda bhagat
 
A B2B Content Marketing Strategy & Framework
A B2B Content Marketing Strategy & FrameworkA B2B Content Marketing Strategy & Framework
A B2B Content Marketing Strategy & FrameworkNathan Joynt
 
Starbucks Social Media Strategy Plan by Mika Garcia
Starbucks Social Media Strategy Plan by Mika GarciaStarbucks Social Media Strategy Plan by Mika Garcia
Starbucks Social Media Strategy Plan by Mika GarciaMika Garcia
 
Digital Marketing Plan
Digital Marketing PlanDigital Marketing Plan
Digital Marketing PlanMagic8Pharmacy
 
The Fundamentals of Digital Marketing - PUP Taguig Presentation
The Fundamentals of Digital Marketing - PUP Taguig PresentationThe Fundamentals of Digital Marketing - PUP Taguig Presentation
The Fundamentals of Digital Marketing - PUP Taguig PresentationJomer Gregorio
 
Lululemon Social Media Strategy
Lululemon Social Media StrategyLululemon Social Media Strategy
Lululemon Social Media StrategyAlexandra Fedele
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media MarketingActa School
 
New Product Marketing PowerPoint Presentation Slides
New Product Marketing PowerPoint Presentation SlidesNew Product Marketing PowerPoint Presentation Slides
New Product Marketing PowerPoint Presentation SlidesSlideTeam
 
Digital Marketing Strategy Plan
Digital Marketing Strategy PlanDigital Marketing Strategy Plan
Digital Marketing Strategy PlanKristin Barnes
 
Digital Marketing Fundamentals & Concept
Digital Marketing Fundamentals & ConceptDigital Marketing Fundamentals & Concept
Digital Marketing Fundamentals & ConceptBhavesh Gudhka ✔
 
What is Social Media Marketing
What is Social Media MarketingWhat is Social Media Marketing
What is Social Media MarketingSW SOFTTECH
 
Digital Marketing Plan Slides
Digital Marketing Plan SlidesDigital Marketing Plan Slides
Digital Marketing Plan SlidesPhilip Oakley
 

What's hot (20)

Social media marketing
Social media marketingSocial media marketing
Social media marketing
 
Creating A Social Media Strategy
Creating A Social Media StrategyCreating A Social Media Strategy
Creating A Social Media Strategy
 
Social Media Strategy Sample
Social Media Strategy Sample Social Media Strategy Sample
Social Media Strategy Sample
 
Social media marketing
Social media marketingSocial media marketing
Social media marketing
 
Social media strategy
Social media strategySocial media strategy
Social media strategy
 
Digital Marketing Strategy
Digital Marketing StrategyDigital Marketing Strategy
Digital Marketing Strategy
 
Digital marketing strategy
Digital marketing strategyDigital marketing strategy
Digital marketing strategy
 
A B2B Content Marketing Strategy & Framework
A B2B Content Marketing Strategy & FrameworkA B2B Content Marketing Strategy & Framework
A B2B Content Marketing Strategy & Framework
 
Starbucks Social Media Strategy Plan by Mika Garcia
Starbucks Social Media Strategy Plan by Mika GarciaStarbucks Social Media Strategy Plan by Mika Garcia
Starbucks Social Media Strategy Plan by Mika Garcia
 
Digital Marketing Plan
Digital Marketing PlanDigital Marketing Plan
Digital Marketing Plan
 
The Fundamentals of Digital Marketing - PUP Taguig Presentation
The Fundamentals of Digital Marketing - PUP Taguig PresentationThe Fundamentals of Digital Marketing - PUP Taguig Presentation
The Fundamentals of Digital Marketing - PUP Taguig Presentation
 
Lululemon Social Media Strategy
Lululemon Social Media StrategyLululemon Social Media Strategy
Lululemon Social Media Strategy
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
New Product Marketing PowerPoint Presentation Slides
New Product Marketing PowerPoint Presentation SlidesNew Product Marketing PowerPoint Presentation Slides
New Product Marketing PowerPoint Presentation Slides
 
Digital Marketing Strategy Plan
Digital Marketing Strategy PlanDigital Marketing Strategy Plan
Digital Marketing Strategy Plan
 
Digital Marketing Fundamentals & Concept
Digital Marketing Fundamentals & ConceptDigital Marketing Fundamentals & Concept
Digital Marketing Fundamentals & Concept
 
What is Social Media Marketing
What is Social Media MarketingWhat is Social Media Marketing
What is Social Media Marketing
 
Digital Marketing Plan Slides
Digital Marketing Plan SlidesDigital Marketing Plan Slides
Digital Marketing Plan Slides
 
Creating a digital marketing strategy
Creating a digital marketing strategyCreating a digital marketing strategy
Creating a digital marketing strategy
 
Social Media Strategy
Social Media StrategySocial Media Strategy
Social Media Strategy
 

Similar to Digital Marketing Strategy in the Fashion Industry

The Future of Marketing for aged care presentation
The Future of Marketing for aged care presentationThe Future of Marketing for aged care presentation
The Future of Marketing for aged care presentationPhillip Parisis
 
Social Selling: The Key to Business Success
Social Selling: The Key to Business SuccessSocial Selling: The Key to Business Success
Social Selling: The Key to Business SuccessWhiteoaks International
 
Course Outline for a Digital Marketing Class
Course Outline for a Digital Marketing ClassCourse Outline for a Digital Marketing Class
Course Outline for a Digital Marketing ClassGideon Owolabi
 
Hileman Group: Marketing Automation Matters
Hileman Group: Marketing Automation MattersHileman Group: Marketing Automation Matters
Hileman Group: Marketing Automation MattersKyle Chandler
 
ToTCOOP+i O3 o4 unit-6_final_version_en
ToTCOOP+i O3 o4 unit-6_final_version_enToTCOOP+i O3 o4 unit-6_final_version_en
ToTCOOP+i O3 o4 unit-6_final_version_enToTCOOPiTech
 
Alinea Partners Social Media - Why it's Different with Us!
Alinea Partners Social Media - Why it's Different with Us!Alinea Partners Social Media - Why it's Different with Us!
Alinea Partners Social Media - Why it's Different with Us!Leahanne Hobson
 
Effect of social media on e commerce
Effect of social media on e commerceEffect of social media on e commerce
Effect of social media on e commercePooja Gupta
 
HiveMind Studios Overview Presentation
HiveMind Studios Overview PresentationHiveMind Studios Overview Presentation
HiveMind Studios Overview PresentationTom Lauck
 
Building a B2B Social Media Strategy: How Businesses Can Stay Relevant
Building a B2B Social Media Strategy: How Businesses Can Stay RelevantBuilding a B2B Social Media Strategy: How Businesses Can Stay Relevant
Building a B2B Social Media Strategy: How Businesses Can Stay RelevantKate Hamilton
 
Content Marketing Workshop: How to make social media a useful business tool
Content Marketing Workshop: How to make social media a useful business toolContent Marketing Workshop: How to make social media a useful business tool
Content Marketing Workshop: How to make social media a useful business toolMarketing CoPilot - Marie Wiese
 
marketing strategy workshop - what you need to market your digital project ea...
marketing strategy workshop - what you need to market your digital project ea...marketing strategy workshop - what you need to market your digital project ea...
marketing strategy workshop - what you need to market your digital project ea...Mutaz Ghuni
 
Lead generation stragety ppt
Lead generation stragety pptLead generation stragety ppt
Lead generation stragety pptnehaanandjha
 
Marketing social media for trading investmen industry Dinis Guarda
Marketing social media for trading investmen industry Dinis GuardaMarketing social media for trading investmen industry Dinis Guarda
Marketing social media for trading investmen industry Dinis GuardaDinis Guarda
 
Digital Marketing Course Week 2: Introduction to Digital Marketing
Digital Marketing Course Week 2: Introduction to Digital MarketingDigital Marketing Course Week 2: Introduction to Digital Marketing
Digital Marketing Course Week 2: Introduction to Digital MarketingAyca Turhan
 
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...Marketing Success
 
Keep Your Customers Coming Back for More
Keep Your Customers Coming Back for MoreKeep Your Customers Coming Back for More
Keep Your Customers Coming Back for MoreMarketo
 
Ewa Campbell - CMO - Media & Publishing - Infographic CV
Ewa Campbell - CMO - Media & Publishing - Infographic CVEwa Campbell - CMO - Media & Publishing - Infographic CV
Ewa Campbell - CMO - Media & Publishing - Infographic CVEwa Campbell
 

Similar to Digital Marketing Strategy in the Fashion Industry (20)

The Future of Marketing for aged care presentation
The Future of Marketing for aged care presentationThe Future of Marketing for aged care presentation
The Future of Marketing for aged care presentation
 
Social Selling: The Key to Business Success
Social Selling: The Key to Business SuccessSocial Selling: The Key to Business Success
Social Selling: The Key to Business Success
 
Course Outline for a Digital Marketing Class
Course Outline for a Digital Marketing ClassCourse Outline for a Digital Marketing Class
Course Outline for a Digital Marketing Class
 
Hileman Group: Marketing Automation Matters
Hileman Group: Marketing Automation MattersHileman Group: Marketing Automation Matters
Hileman Group: Marketing Automation Matters
 
ToTCOOP+i O3 o4 unit-6_final_version_en
ToTCOOP+i O3 o4 unit-6_final_version_enToTCOOP+i O3 o4 unit-6_final_version_en
ToTCOOP+i O3 o4 unit-6_final_version_en
 
Alinea Partners Social Media - Why it's Different with Us!
Alinea Partners Social Media - Why it's Different with Us!Alinea Partners Social Media - Why it's Different with Us!
Alinea Partners Social Media - Why it's Different with Us!
 
Digital Marketing Boot Camp
Digital Marketing Boot CampDigital Marketing Boot Camp
Digital Marketing Boot Camp
 
Effect of social media on e commerce
Effect of social media on e commerceEffect of social media on e commerce
Effect of social media on e commerce
 
HiveMind Studios Overview Presentation
HiveMind Studios Overview PresentationHiveMind Studios Overview Presentation
HiveMind Studios Overview Presentation
 
Building a B2B Social Media Strategy: How Businesses Can Stay Relevant
Building a B2B Social Media Strategy: How Businesses Can Stay RelevantBuilding a B2B Social Media Strategy: How Businesses Can Stay Relevant
Building a B2B Social Media Strategy: How Businesses Can Stay Relevant
 
Lead Generation
Lead GenerationLead Generation
Lead Generation
 
Content Marketing Workshop: How to make social media a useful business tool
Content Marketing Workshop: How to make social media a useful business toolContent Marketing Workshop: How to make social media a useful business tool
Content Marketing Workshop: How to make social media a useful business tool
 
marketing strategy workshop - what you need to market your digital project ea...
marketing strategy workshop - what you need to market your digital project ea...marketing strategy workshop - what you need to market your digital project ea...
marketing strategy workshop - what you need to market your digital project ea...
 
Lead generation stragety ppt
Lead generation stragety pptLead generation stragety ppt
Lead generation stragety ppt
 
DBS-Week1-Introduction&OverviewDigitalMarketing
DBS-Week1-Introduction&OverviewDigitalMarketingDBS-Week1-Introduction&OverviewDigitalMarketing
DBS-Week1-Introduction&OverviewDigitalMarketing
 
Marketing social media for trading investmen industry Dinis Guarda
Marketing social media for trading investmen industry Dinis GuardaMarketing social media for trading investmen industry Dinis Guarda
Marketing social media for trading investmen industry Dinis Guarda
 
Digital Marketing Course Week 2: Introduction to Digital Marketing
Digital Marketing Course Week 2: Introduction to Digital MarketingDigital Marketing Course Week 2: Introduction to Digital Marketing
Digital Marketing Course Week 2: Introduction to Digital Marketing
 
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
The Key to Success on Social Media - Samantha Singer - Marketing Success - Au...
 
Keep Your Customers Coming Back for More
Keep Your Customers Coming Back for MoreKeep Your Customers Coming Back for More
Keep Your Customers Coming Back for More
 
Ewa Campbell - CMO - Media & Publishing - Infographic CV
Ewa Campbell - CMO - Media & Publishing - Infographic CVEwa Campbell - CMO - Media & Publishing - Infographic CV
Ewa Campbell - CMO - Media & Publishing - Infographic CV
 

Recently uploaded

Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelSearch Engine Journal
 
Codes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxCodes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxGeorgeCulica
 
Paul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfPaul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfpaul8402
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management NotesKiranTiwari42
 
Digital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigiKarishma
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisitionJohn Koetsier
 
Understand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMUnderstand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMsearchextensionin
 
Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...VereigenMedia1
 
Gen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfGen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfMedia Logic
 
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckDave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckOban International
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessLiv Day
 
History of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdfHistory of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdfwilliam charnock
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar CManojkumar C
 
20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialists20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialistsmlicam615
 
Ryanair Marketing and business development Plan
Ryanair Marketing and business development  PlanRyanair Marketing and business development  Plan
Ryanair Marketing and business development Plandrkarimsaber
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignnersmuntasibkhan58
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingShauryaBadaya
 
5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software SolutionsDevherds Software Solutions
 
Navigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for SuccessNavigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for SuccessElizabeth Moore
 
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local LeadsSearch Engine Journal
 

Recently uploaded (20)

Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing Funnel
 
Codes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptxCodes and Conventions of Film Magazine Covers.pptx
Codes and Conventions of Film Magazine Covers.pptx
 
Paul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfPaul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdf
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management Notes
 
Digital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G Age
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition
 
Understand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMMUnderstand the Key differences between SMO and SMM
Understand the Key differences between SMO and SMM
 
Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...Master the art of Social Selling to increase sales by fostering relationships...
Master the art of Social Selling to increase sales by fostering relationships...
 
Gen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdfGen Z and Millennial Debit Card Use Survey.pdf
Gen Z and Millennial Debit Card Use Survey.pdf
 
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckDave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise Success
 
History of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdfHistory of JWT by The Knowledge Center.pdf
History of JWT by The Knowledge Center.pdf
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar C
 
20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialists20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialists
 
Ryanair Marketing and business development Plan
Ryanair Marketing and business development  PlanRyanair Marketing and business development  Plan
Ryanair Marketing and business development Plan
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignners
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet Marketing
 
5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions
 
Navigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for SuccessNavigating Global Markets and Strategies for Success
Navigating Global Markets and Strategies for Success
 
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
 

Digital Marketing Strategy in the Fashion Industry

  • 1. Digital Marketing in the Fashion Industry Part 1 Laura Gelis - 2016
  • 2. Objectives of the module • Get some insights on what is a digital marketing strategy • Review all the main existing digital tools and how they are used in the fashion industry • Understand how to build a consistent digital marketing strategy Laura Gelis - 2016
  • 3. Fashion & Digital : it’s complicated ! • Until recently, luxury fashion brands have been notoriously reticent to dabble in digital commerce and online advertising • Things are evolving : fashion brands spend more, in global, by ramping up digital expenses • 53% more brands ran online ads in September 2015 than in the same time period last year. (Source Mediaradar) Laura Gelis - 2016
  • 4. Digital : a marketing revolution Laura Gelis - 2016
  • 5. Digital : a marketing revolution So Many Data Laura Gelis - 2016
  • 6. Digital : a marketing revolution So Many Channels Laura Gelis - 2016
  • 7. Digital : a marketing revolution A new consumer Laura Gelis - 2016 CONNECTED INFORMED& Blog Mania Fashion Blogs : 958 000 000 results Twitter fashion : 2 660 000 000 results In China there are more than 618 million Internet users and half of them are purchasing online.
  • 8. Digital : a marketing revolution New challenges for Marketing Directors • Understanding the « new » consumer(s) • Following the consumer journey accross all digital channels • Making use of all digital channels in a consistent manner • Determining which technologies/channels are relevant – Adopting Test and Learn mindset • Managing the budget and take the right decisions • Adapting the marketing team and marketing skills Laura Gelis - 2016
  • 9. Laura Gelis - 2016 ?
  • 10. Marketing Budgets are evolving to integrate Marketing Digital specific budgets : Top areas of investment for Digital Marketing : Email Marketing Website performance Mobile App development Lead management Search Marketing Digital Marketing : Some Figures Laura Gelis - 2016 The BIG headache for Marketing Directors ! Japan : 24% Germany : 24 UK : 549 % France : approx 30% % of Marketing Budget dedicated to Digital Marketing : US : 31 % China : 42%
  • 12. DIGITAL MARKETING STATEGY To provide a consistent direction for all digital activities in order to sustain business objectives while being smoothly integrated with other general marketing activities. Laura Gelis - 2016
  • 13. Building a Digital Marketing Strategy • Consistent with business strategy and marketing strategy (segmentation, targeting, positioning…) • Set clear objectives : linked to business and specific to digital activities • Define a value proposition specific to digital activities for consumers, prospects and partners • Set and follow the consumer journey • Define a communication mix to attain the objectives • Define a budget and a roadmap Laura Gelis - 2016
  • 14. Buildind a Digital Strategy LOUIS VUITTON Luxury Brand - Brand DNA - Creativity - Know How NET A PORTER Luxury E-commerce - Maximize sales / visitor - Newness / trends - Merchandising and promotions Laura Gelis - 2016 UNIQLO Mass Market Retailer - Maximize profit of each store - Innovation - Capsule Collections Three different business models - three different business strategy - three different digital marketing strategy
  • 15. Some digital marketing specific concepts • Engagement vs Awareness : make the consumer react to the brand (like, comment, share) • Permission : implicit or explicit agreement of the consumer to receive messages (emailing, personal account via login…) • Content : Digital Marketing is relying heavily on content particularly in the fashion industry Laura Gelis - 2016
  • 16. Specific challenges • Complexity : to build a consistent stategy accross all chanels, analyzing all datas… • Competitive analysis : difficult to follow everything • Technological agility / savvy • Cost – digital is not free • Saturation • Being open to every new technology and have the ability to decide if it is consistent with brand and business Laura Gelis - 2016
  • 17. Generic digital strategies • Create a digital value proposition to acquire and retain customers while providing engagement through products or services • Target coverage : attract the target audience to owned media in order to increase awareness, preference and buy intentions • Online / offline sales efficiency and impact Laura Gelis - 2016
  • 18. Buildind a Digital Strategy LOUIS VUITTON - Live Fashion Show - All Collections - About the LV house - LV fondation E-commerce is limited to small « pieces », adress of shops Social Networks links NET A PORTER - Shoppable magazine - Editorial - Products - Full e-commerce with full suggestions to increase sales - No social media link except The Net Set Laura Gelis - 2016 UNIQLO - Products, products, products - Full e-commerce, no suggestion, adress of shops - Facebook, instagram Support & build Brand DNA & brand engagement Create additional retail value through online presence Maximize check-out amount
  • 19. Digital Marketing Strategy canvass • Situation analysis : where are we ? • Objectives : where do we want to go ? • Strategy : how to go there ? • Tactics : how to go precisely (incl budget)? • Actions : who does what and when ? • Control : how do we verify performance ? Laura Gelis - 2016
  • 20. Situation : analysis of digital situation Many different KPI can be analyzed depending on the company and its strategy • Sales efficiency : – Number of leads created (new accounts), Online sales per month, Retention and loyalty • Marketing efficiency – Awareness, Preference,Recommendation • Digital marketing efficiency – Number of visits, number of sessions, page views, unique visitors, time spent, % of registration, % conversation rate, churn, click through rate…. • Resources and digital skills – Financial resources : budget – Technological Resources – Human resources (IT, Mkg) – Skills (community management, web development, content creation…) – Organisation / process • Analysis of digital maturity of the organizationLaura Gelis - 2016
  • 21. Define strategic objectives • Aligned with the company business objectives • SMART objectives : Specific, measurable, attainable, realistic, Time • 5S : Sell, Speak, Serve, Save, Sizzle Laura Gelis - 2016
  • 22. Laura Gelis - 2016 Define strategic objectives SELL • Products • Promotions • Services (free delivery) • Payment
  • 23. SPEAK • Increase engagement by starting and encouraging conversation Laura Gelis - 2016 Define strategic objectives
  • 24. SERVE • Develop all services provided to customers • Customer satisfaction goals to assess how you good you are at customer service and then improve it further • ASOS have invested in a choice of customer service channel Laura Gelis - 2016 Define strategic objectives
  • 25. SAVE • Budget objectives • Show the value that is gained vs use of traditional marketing Laura Gelis - 2016 Define strategic objectives
  • 26. SIZZLE • The amplifying effect of digital • Use of all relevant digital to make the story sizzzle • Building the brand online Laura Gelis - 2016 Define strategic objectives
  • 27. The digital Marketing Strategy • Adapted to the value creation model • Will translate in every step of the value creation chain : - attract - engage - convert - retain Laura Gelis - 2016
  • 28. Interested in this content ? Want to know more ? Please contact me ! Laura Gelis - 2016 Laura.gelis@brandandlab.com
  • 29. ATTRACT How are you going to attract qualified buyers to your business? • Specific to digital marketing : Marketing PULL • The most important step : key to develop the whole strategy • Several acquisition strategies should be put in place : – Analyze – Compare – Develop • KPI to take into account to compare the different strategies – Volume of traffic generated – The cost for each new visitor – Qality of the traffic / transformation rate – ROI : value created vs cost Laura Gelis - 2016
  • 30. Laura Gelis - 2016 H O W ?
  • 31. • Buying Qualified Data Base • Competition on social networks • Content published on social networks • Search marketing • Online advertising (display) • Social network advertising • Partnerships with media or partners / influencers (bloggers) Laura Gelis - 2016 ATTRACT
  • 32. ATTRACT Laura Gelis - 2016 Display Social network content Social network advertising Partner emailing Content to share
  • 33. ATTRACT : analyse & compare Volume Cost Conversion Value ROI Running a Competition 100.OOO adresses 100k€ x 0,30 = 30.000 € 1,5% buy 70€ on average 100k x 1,5% x 70€ = 105.000 € (105-30)/30 = 250% Buying a qualified database 5.000 adresses 5.000 x 2 € = 10.000 € 10% buy 70€ on average 5000 x 10% x 70 € = 35.000 € (35-10)/10 = 250% Laura Gelis - 2016 Same ROI BUT different costs and different value If we buy a qualified database every month we get the same result as a competition every quarter
  • 34. ENGAGE • Listen. Care. Make them Dream. • Build trust, desire, excitment • Gain a better understanding of your customer’s needs and wants Laura Gelis - 2016
  • 35. Engage : Case study Sezane Laura Gelis - 2016 Instagram : 123 K + 168 K Facebook : 280 K
  • 36. Laura Gelis - 2016 Engage : Case study Balmain Instagram : 3,9 M Twitter : 252 K Facebook : 553 K
  • 37. Laura Gelis - 2016 DESIGN A COACH TOTE | DIGITAL CAMPAIGN Objective : engage with a young audience 3,200 CUSTOM TOTE DESIGNS • 6.5 MILLION ENGAGEMENTS Engage : Case study Coach Coach invited fans to design their own unique Coach tote and vote for their favorite design. The winning design was created into a special edition Coach Tote sold online and in select stores. There are three reasons why people participate : I can do it – I can drag and click and create something quickly and easily I’m a creator – it’s my goal in life to create a bag for Coach. I want to be a celebrity. 25% of young people believe they can be a celebrity.
  • 38. CONVERT • The most important step but not always well mastered • Different KPIs to monitor depending on the business : find the right KPI ! • For a media website : number of visits with more than one page viewed • For an information site : visit length > 2 mn • For e-commerce : number of sales / number of visit • Service : number of subscriptions Laura Gelis - 2016 « You’ve invested a great deal of time, effort and energy to attract and engage qualified buyers – remember to make it easy for them to buy your products when the time is right » !
  • 39. CONVERT • Analyse the tunnel of conversion : the different steps for the visitor to perform the final action – Number of steps – Complexity • The Optimization of the tunnel is key – Consistent speach along the way / consistent experience – Good UX and Design – In e-commerce average conversion rate is 2% Laura Gelis - 2016
  • 41. Retain : build loyalty • Keep existing customers and create value on the long term • Today building loyalty is key as the cost to keep a client is 5 to 6 x less expensive than recruiting a new one. • Loyal customers are also often good ambassadors and source for new value creation (share content, advocates of the brand) Laura Gelis - 2016