F-Commerce and the SoLoMo Consumer

Paul Marsden
Paul MarsdenConsumer Psychology at www.digitalintelligencetoday.com
1




F-Commerce
& The Rise of the SoLoMo Consumer
                  Dr Paul Marsden | Syzygy Group



Text
2




http://www.facebook.com/SyzygyGroup
3




...and why we’ll find inspiration 145km away
4




What do Lady Gaga, Coke, Batman & Pampers diapers
have in common?
4




What do Lady Gaga, Coke, Batman & Pampers diapers
have in common? They all sell on Facebook
5
6


f-commerce = e-commerce on Facebook
7

The F-Commerce Ecosystem



                                                                                      Facebook Stores
                                                                                             Allow customers to buy
                                                                                           and pay directly from your
                                                                                             FB Page and newsfeed
Transaction ON FB




                                                                  Facebook Deals                          Facebook Credits
                                                                  Get new customers who pay                  Reduce e-commerce friction
                                                                  up front on Facebook with FB               by allowing customers to pay
                                                                         Credits, PayPal or card                           with FB Credits

                                                                         f-commerce: selling on Facebook

                                                              Facebook assisted commerce: selling with Facebook
 Transaction OFF FB




                      Facebook Check-in Deals                  Facebook Storefronts                  Facebook Authentication                  Open Graph Protocol
                           Drive store footfall and loyalty       Drive e-commerce traffic with              Improve site/app experience          Drive sharing by integrating
                            with FB mobile coupons for                  product catalogue apps              by allowing customers to sign          website pages into theFB
                                      nearby customers                installed on your FB page                  on with Facebook details             graph as graph objects

                      Facebook Social Plugins                   Facebook Graph API                     Facebook Advertising                   Facebook Marketing
                              Improve e-commerce site               Create shopping apps and                   Drive e-commerce traffic or        Drive sales and loyalty with
                               experience by adding FB            sites that integrate with (read              footfall with FB standard or            news and promotions
                                         social features                 and write to)Facebook                 testimonial display ad units          posted to your FB page




        More to selling with Facebook than Facebook stores
8




Why?
9




MIND THE PERCEPTION GAP
           zzzzz
             z
10

 WHAT CONSUMERS WANT      WHAT BRANDS THINK CONSUMERS WANT

                 DEALS            NEW PRODUCT INFO
             PURCHASE             GENERAL INFO
     READ USER REVIEWS            SHARE OPINION
         GENERAL INFO             EXCLUSIVE INFO
        EXCLUSIVE INFO            READ USER REVIEWS
     NEW PRODUCT INFO             FEEL CONNECTED

 MIND THE PERCEPTION GAP
        SHARE OPINION
            zzzzz
              z
      CUSTOMER SERVICE
                                  CUSTOMER SERVICE
                                  SUBMIT PRODUCT IDEAS
  PARTICIPATE IN EVENTS           BE PART OF A COMMUNITY
       FEEL CONNECTED             PARTICIPATE IN EVENTS
  SUBMIT PRODUCT IDEAS            PURCHASE
BE PART OF A COMMUNITY            DEALS



Respect - Relevance - Reach
Walking the customer centric talk with f-commerce
11




f-commerce: ‘live learning lab’ for new ‘social consumer’
12




             “To find something comparable
             you have to go back 500 years
               to the printing press, the birth
               of mass media. Technology is
                shifting power away from the
                  editors, the publishers, the
              establishment, the media elite.
                 Now it’s the people who are
                               taking control.”

                             Rubert Murdoch



Social media is transformative
13



Darwinian Intelligence      Individual Intelligence    Social Intelligence

  Survival of the Fittest     Trial & Error Learning      Social Learning




Social media is driving human evolution
14



Darwinian Intelligence     Individual Intelligence   Social Intelligence

 Survival of the Fittest   Trial & Error Learning     Social Learning




         “A wise man learns by the
           experience of others;
            a fool, by his own”


Social media is driving human evolution
15




   So Lo Mo
Social             Local               Mobile
#1 Activity        +300%               >PC




                           Text
                            Text




Social, location-aware & mobile technology are creating
a new super-smart consumer: the SoLoMo consumer
16




f-commerce for SoLoMo insight: brand experience
17




f-commerce for SoLoMo insight: brand loyalty
18




f-commerce for SoLoMo insight: brand advocacy
19




f-commerce: driving advocacy with fan-first marketing:
pop-up fan-stores for product launches and events
19




f-commerce: driving advocacy with fan-first marketing:
pop-up fan-stores for product launches and events
20




From fans to advocates: The 3 advocacy activators
20




     ‘Get it First’    ‘Empowered’          ‘Viral’
    EXPERIENCE        INVOLVEMENT        INCENTIVES




From fans to advocates: The 3 advocacy activators
21




 Advocacy
 Activators


 Experience
      +
Involvement
      +
 Incentives



From fans to advocates with fan store advocacy activators
21




 Advocacy
 Activators


 Experience
      +
Involvement
      +
 Incentives



From fans to advocates with fan store advocacy activators
22




Insight                    ROI




f-commerce value proposition: insight and Facebook ROI
23




Rising to the challenge of the Big 3...
24




                                                THE GERMAN SENSATION
                                                   #41 DIRK NOWITZKI
                                                       HEIGHT: 2.13M
                                 BORN: JUNE 19,1970 WÜRZBURG GERMANY



Nowizski could do it, can you?
1 of 28

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F-Commerce and the SoLoMo Consumer

  • 1. 1 F-Commerce & The Rise of the SoLoMo Consumer Dr Paul Marsden | Syzygy Group Text
  • 3. 3 ...and why we’ll find inspiration 145km away
  • 4. 4 What do Lady Gaga, Coke, Batman & Pampers diapers have in common?
  • 5. 4 What do Lady Gaga, Coke, Batman & Pampers diapers have in common? They all sell on Facebook
  • 6. 5
  • 8. 7 The F-Commerce Ecosystem Facebook Stores Allow customers to buy and pay directly from your FB Page and newsfeed Transaction ON FB Facebook Deals Facebook Credits Get new customers who pay Reduce e-commerce friction up front on Facebook with FB by allowing customers to pay Credits, PayPal or card with FB Credits f-commerce: selling on Facebook Facebook assisted commerce: selling with Facebook Transaction OFF FB Facebook Check-in Deals Facebook Storefronts Facebook Authentication Open Graph Protocol Drive store footfall and loyalty Drive e-commerce traffic with Improve site/app experience Drive sharing by integrating with FB mobile coupons for product catalogue apps by allowing customers to sign website pages into theFB nearby customers installed on your FB page on with Facebook details graph as graph objects Facebook Social Plugins Facebook Graph API Facebook Advertising Facebook Marketing Improve e-commerce site Create shopping apps and Drive e-commerce traffic or Drive sales and loyalty with experience by adding FB sites that integrate with (read footfall with FB standard or news and promotions social features and write to)Facebook testimonial display ad units posted to your FB page More to selling with Facebook than Facebook stores
  • 10. 9 MIND THE PERCEPTION GAP zzzzz z
  • 11. 10 WHAT CONSUMERS WANT WHAT BRANDS THINK CONSUMERS WANT DEALS NEW PRODUCT INFO PURCHASE GENERAL INFO READ USER REVIEWS SHARE OPINION GENERAL INFO EXCLUSIVE INFO EXCLUSIVE INFO READ USER REVIEWS NEW PRODUCT INFO FEEL CONNECTED MIND THE PERCEPTION GAP SHARE OPINION zzzzz z CUSTOMER SERVICE CUSTOMER SERVICE SUBMIT PRODUCT IDEAS PARTICIPATE IN EVENTS BE PART OF A COMMUNITY FEEL CONNECTED PARTICIPATE IN EVENTS SUBMIT PRODUCT IDEAS PURCHASE BE PART OF A COMMUNITY DEALS Respect - Relevance - Reach Walking the customer centric talk with f-commerce
  • 12. 11 f-commerce: ‘live learning lab’ for new ‘social consumer’
  • 13. 12 “To find something comparable you have to go back 500 years to the printing press, the birth of mass media. Technology is shifting power away from the editors, the publishers, the establishment, the media elite. Now it’s the people who are taking control.” Rubert Murdoch Social media is transformative
  • 14. 13 Darwinian Intelligence Individual Intelligence Social Intelligence Survival of the Fittest Trial & Error Learning Social Learning Social media is driving human evolution
  • 15. 14 Darwinian Intelligence Individual Intelligence Social Intelligence Survival of the Fittest Trial & Error Learning Social Learning “A wise man learns by the experience of others; a fool, by his own” Social media is driving human evolution
  • 16. 15 So Lo Mo Social Local Mobile #1 Activity +300% >PC Text Text Social, location-aware & mobile technology are creating a new super-smart consumer: the SoLoMo consumer
  • 17. 16 f-commerce for SoLoMo insight: brand experience
  • 18. 17 f-commerce for SoLoMo insight: brand loyalty
  • 19. 18 f-commerce for SoLoMo insight: brand advocacy
  • 20. 19 f-commerce: driving advocacy with fan-first marketing: pop-up fan-stores for product launches and events
  • 21. 19 f-commerce: driving advocacy with fan-first marketing: pop-up fan-stores for product launches and events
  • 22. 20 From fans to advocates: The 3 advocacy activators
  • 23. 20 ‘Get it First’ ‘Empowered’ ‘Viral’ EXPERIENCE INVOLVEMENT INCENTIVES From fans to advocates: The 3 advocacy activators
  • 24. 21 Advocacy Activators Experience + Involvement + Incentives From fans to advocates with fan store advocacy activators
  • 25. 21 Advocacy Activators Experience + Involvement + Incentives From fans to advocates with fan store advocacy activators
  • 26. 22 Insight ROI f-commerce value proposition: insight and Facebook ROI
  • 27. 23 Rising to the challenge of the Big 3...
  • 28. 24 THE GERMAN SENSATION #41 DIRK NOWITZKI HEIGHT: 2.13M BORN: JUNE 19,1970 WÜRZBURG GERMANY Nowizski could do it, can you?