As mobile use has exploded, shoppers are using an average of 2.6 devices across 1.5 channels on their journey to purchase. Mobile devices are used for browsing, researching products in store, but increasingly also for making purchases. Mobile is becoming the ‘glue’ between the online and physical stores, and the advent of geo-targeting, mobile wallets and beacons provide exciting opportunities to reach shoppers in the mall and in store with relevant 1-to-1 marketing for the first time. But how should retailers and brands capitalize on these changes in behavior? What techniques work in driving conversions across channels, and how can they be measured? Based on new research of more than eighty million consumers, Charles will share insights into buyer behavior revealing how shoppers are using different channels and devices as part of the same purchase path.
3. Conversion Academy #convcon&@webconversion&
ABOUT
Charles Nicholls
Chairman, SAP Conversion Academy
SVP Strategy, Marketing Products, SAP
Founder, SeeWhy
@webconversion,,
About,SAP,hybris,
• The&leading&omnichannel&commerce&pla6orm&
• Launched&hybris&Marke<ng&pla6orm&in&Feb&2015&
&
11. Conversion Academy #convcon&@webconversion&
THIS IS WHAT MARKETERS
DO TODAY!
Marketers bombard customers
with irrelevant messages.
Ignoring where they are on their journey
Not targeted, not relevant.
WEAPONS OF MASS DISTRACTION.
ADVERTISING,
SOCIAL,
MOBILE,
EMAIL,
WEB,
18. Conversion Academy #convcon&@webconversion&
TAKE OUT #4 – BUILD THE SINGLE CUSTOMER VIEW
THE,CORE,
• 3600#profile
• Updated#in#real#9me
• Iden9fied#&#Uniden9fied
• Cross#channel,#cross#
touchpoint,#cross#device
22. Conversion Academy #convcon&@webconversion&
DEVICES ARE USED FOR DIFFERENT THINGS
Convert&
Select&
Desktop&
11,
(76%),
(24%),
2.6,
100&
Land&
Tablet&
11,
(81%),
(19%),
2.1,
100&
SmartPhone&
8,
0.5,
,(94%),
(6%),
100&
Data:&SAP&Conversion&Academy&
A&visitor&that&adds&to&cart&on&a&SmartPhone&is:&
4x&less&likely&to&purchase&than&on&a&Desktop&
3x,less&likely&to&purchase&than&on&a&Tablet&
Takeout,#5,
23. Conversion Academy #convcon&@webconversion&
REASONS FOR NOT BUYING ON A SMARTPHONE
too&slow&
13%&
plan&to&convert&
elsewhere&
41%&
not&ready&
46%&
Timing#is#key,#but#
phones#are#oKen#
not#considered#a#
conver9ng#device
Data:&SAP&Conversion&Academy&
25. Conversion Academy #convcon&@webconversion&
MOBILE CONVERSION VARIES DRAMATICALLY BY BRAND
Best#in#class#brands#
are#achieving#40%+#
of#conversions#on#
smartphones#and#
tablets
Source:&SeeWhy.&
1%
>50%
Best&in&class&
26. Conversion Academy #convcon&@webconversion&
THE PHONE AS A CONVERSION DEVICE
Phone#conversions#
are#growing
faster#than#tablets
faster#than#
desktops#
4x#
14x#
Source:&SeeWhy&2014&
Q1&2015&YbobY&Growth&in&conversions&
33. Conversion Academy #convcon&@webconversion&
• Marketing needs to reinvent itself
– Data needs to be at the core of marketing strategy
– Leveraging visitors signals of intent is transformational
– Building a 3600 view of the customer is core enabling tech
• Mobile is the fastest growing channel
– Its where we spend most time
– It will eventually be the primary conversion device
– Mobile is often part of the purchase path, if not the buying device (yet)
• Mobile conversions require 3 key elements:
– Simplified browsing & search
– Email remarketing carries context across channels
– Stored account details + payments
CROSS CHANNEL CONVERSION SUMMARY