SlideShare a Scribd company logo
The Imperfect Store.
                                                                                                                                                                                                  Neil Johnson
                                                                                                                                                                                                  Head of Data Planning

                                                                                                                                                                                                  Agree/Disagree?
                                                                                                                                                                                                  Let Neil know:
                                                                                                                                                                                                  neil.johnson@brightblueday.co.uk




Having been a data planner for some                                        How they completely dominated the market remains somewhat
                                                                           contentious (see Adam Cohen’s delightful “The Perfect Store” (2002),
                                                                                                                                                          targeted by brands. And right now, I’m looking for the privacy settings
                                                                                                                                                          that prevent eBay from exploiting me, but they seem to be remarkably
15 years, it’s heartening to see it’s not                                  for more on this). But one thing’s for sure, they got the model right –        well hidden...
                                                                           a community approach underpinned by strong community values.
just data planners who are getting                                         And data was at the heart of everything they did. Feedback ratings             Which brings us to two important trends. Firstly, “Profile Myning”

excited about data; how much there                                         (a community idea) created reputations that enabled users to transact
                                                                           with trust. Data empowered the consumer. More transactions equalled
                                                                                                                                                          (see http://trendwatching.com/trends/10trends2010/). The most value
                                                                                                                                                          enhancing thing a brand can do is to empower consumers with their
is, how secure it is, but moreover,                                        more trust. More trust equalled more transactions. They created a              data (guess what eBay, it’s not actually yours to sell). Value to consumer
                                                                           virtuous cycle of trust, powered by data.                                      = profit to business. And what a lot of data they’ve got.
how valuable it is.                                                                                                                                       Just imagine the value they could add. And the most imaginative
                                                                           Now I’m a big fan of eBay. I’ve been a community member since 2002.            thing they’ve thought of is to sell it through the Royal Mail. #Fail.
                                                                           I’ve got 139 feedback ratings. I even worked there. They now have more
The question is often one of “commoditisation”. In other words, how        data than any brand could hope for. A global customer base of 233 million      One more thing. Smart brands are helping their customers. Which
do we turn data into hard cash. And it seems eBay had the answer. It’s     (tellingly they refer to us as customers now, not community members). 14       brings me to trend #2. “Brand Butlers”: http://trendwatching.com/
simple, you repackage it, anonymise it (but just enough to avoid falling   million active users in the UK alone. At any one time, up to 10 million live   trends/brandbutlers/. Take the Virgin Atlantic Taxi2 service. It helps
foul of data protection legislation), and sell it to the highest bidder:   listings, across 13,000 categories. Data on the brands I’m interested in, my   travellers find a suitable taxi companion at their arrival point on
http://www.research-live.com/news/news-headlines/royal-mail-taps-          purchasing (and selling) habits, how I engage with the community and how       providing their flight number and onward destination. A lovely example
ebay-data-for-direct-marketing-targeting-tool/4002211.article              the community engages with me. I’m one of those 14 million customers,          of how a brand takes customer data (in this case, commercially
                                                                           and feel like eBay has sold me out. And I think you should too.                available flight information) and delivers maximum value to their
Which made me wonder, how can a brand that got it so right for so                                                                                         customers, at minimum cost to serve. You don’t even have to be flying
long, now have got is so wrong? They were THE community led brand.         The message to eBay...don’t just exploit your members for profit.              Virgin Atlantic to benefit. An elegant way to demonstrate their core
The world’s biggest marketplace. By the community, for the community.      Why not repackage our data, add value, and give it back to us. For             proposition of enhanced customer service, and maybe win a
So why have the champions of the new consumer democracy debased            our benefit. We could use it to discover brands we’re interested in            few new customers in the process.
themselves to the level of a list broker?                                  conversing with, it could give us social currency to engage with each
                                                                           other, and with the brands we love (and will love). And in the process, I      Head of Innovation at eBay take note. This isn’t innovation.
                                                                           might just fall in love with you again. We’re not sitting here waiting to be   This is in your DNA. Neglect at your peril.




To find out more please call 01202            669090 or visit brightblueday.co.uk

More Related Content

What's hot

Top10 coolest things_loyalty_fft
Top10 coolest things_loyalty_fftTop10 coolest things_loyalty_fft
Top10 coolest things_loyalty_fft
Mark Goldstein
 
Integration of email & social media
Integration of email & social mediaIntegration of email & social media
Integration of email & social media
dale.simmons
 
Persuasion eats advertising for breakfast
Persuasion eats advertising for breakfastPersuasion eats advertising for breakfast
Persuasion eats advertising for breakfast
Sanoma
 
New Customer Journey - Westfield CMO John Batistich
New Customer Journey - Westfield CMO John BatistichNew Customer Journey - Westfield CMO John Batistich
New Customer Journey - Westfield CMO John Batistich
Michael Buckley
 

What's hot (12)

Top10 coolest things_loyalty_fft
Top10 coolest things_loyalty_fftTop10 coolest things_loyalty_fft
Top10 coolest things_loyalty_fft
 
Integration of email & social media
Integration of email & social mediaIntegration of email & social media
Integration of email & social media
 
Mike berry idm ghent june 7 2011 copy
Mike berry idm ghent june 7 2011 copyMike berry idm ghent june 7 2011 copy
Mike berry idm ghent june 7 2011 copy
 
Persuasion eats advertising for breakfast
Persuasion eats advertising for breakfastPersuasion eats advertising for breakfast
Persuasion eats advertising for breakfast
 
Get a Grip - The Marketing Power of Managing Customer Relationships
Get a Grip - The Marketing Power of Managing Customer RelationshipsGet a Grip - The Marketing Power of Managing Customer Relationships
Get a Grip - The Marketing Power of Managing Customer Relationships
 
Danish ad association pres
Danish ad association presDanish ad association pres
Danish ad association pres
 
MobiU2011 Keynote: CREAT101 Mobile Behaviors - Play Big
MobiU2011 Keynote: CREAT101 Mobile Behaviors - Play BigMobiU2011 Keynote: CREAT101 Mobile Behaviors - Play Big
MobiU2011 Keynote: CREAT101 Mobile Behaviors - Play Big
 
New Customer Journey - Westfield CMO John Batistich
New Customer Journey - Westfield CMO John BatistichNew Customer Journey - Westfield CMO John Batistich
New Customer Journey - Westfield CMO John Batistich
 
Benchmark Study 080106
Benchmark Study 080106Benchmark Study 080106
Benchmark Study 080106
 
Analyses with no web analyst on board
Analyses with no web analyst on boardAnalyses with no web analyst on board
Analyses with no web analyst on board
 
BBDO Connect - The Importance of Storytelling When Building Your Brand
BBDO Connect - The Importance of Storytelling When Building Your BrandBBDO Connect - The Importance of Storytelling When Building Your Brand
BBDO Connect - The Importance of Storytelling When Building Your Brand
 
Whispering Web - The Book.
Whispering Web - The Book.Whispering Web - The Book.
Whispering Web - The Book.
 

Similar to The Imperfect Store

Scott Thomson, Darren Drew. getting data fit
Scott Thomson, Darren Drew. getting data fitScott Thomson, Darren Drew. getting data fit
Scott Thomson, Darren Drew. getting data fit
betterbigdata
 
Dell Social Media Strategy
Dell Social Media StrategyDell Social Media Strategy
Dell Social Media Strategy
rgainor
 
Social Marketing for Brands
Social Marketing for BrandsSocial Marketing for Brands
Social Marketing for Brands
Digital Vidya
 
Return Investment
Return InvestmentReturn Investment
Return Investment
Dean Parry
 
Digital Marketing 101 5496
Digital Marketing 101 5496Digital Marketing 101 5496
Digital Marketing 101 5496
prashantnandan1
 

Similar to The Imperfect Store (20)

Injecting digital into your brand’s DNA.
Injecting digital into your brand’s DNA.Injecting digital into your brand’s DNA.
Injecting digital into your brand’s DNA.
 
Steal this economic development marketing idea
Steal this economic development marketing idea Steal this economic development marketing idea
Steal this economic development marketing idea
 
CRM and Social Media
CRM and Social MediaCRM and Social Media
CRM and Social Media
 
Relm May 2017
Relm May 2017Relm May 2017
Relm May 2017
 
Big Data: Evolution? Game Changer? Definitely
Big Data: Evolution? Game Changer? DefinitelyBig Data: Evolution? Game Changer? Definitely
Big Data: Evolution? Game Changer? Definitely
 
Content marketing world conference provides valuable info for associations
Content marketing world conference provides valuable info for associationsContent marketing world conference provides valuable info for associations
Content marketing world conference provides valuable info for associations
 
Trends Influencing Traditional Approaches to Marketing
Trends Influencing Traditional Approaches to MarketingTrends Influencing Traditional Approaches to Marketing
Trends Influencing Traditional Approaches to Marketing
 
Scott Thomson, Darren Drew. getting data fit
Scott Thomson, Darren Drew. getting data fitScott Thomson, Darren Drew. getting data fit
Scott Thomson, Darren Drew. getting data fit
 
What is Content Marketing? - The AdCode
What is Content Marketing? - The AdCodeWhat is Content Marketing? - The AdCode
What is Content Marketing? - The AdCode
 
Customer data and decisions: How the social data revolution transforms everyt...
Customer data and decisions: How the social data revolution transforms everyt...Customer data and decisions: How the social data revolution transforms everyt...
Customer data and decisions: How the social data revolution transforms everyt...
 
Dell Social Media Strategy
Dell Social Media StrategyDell Social Media Strategy
Dell Social Media Strategy
 
Tony Koenderman's, Brainstorm 2010: You can run but you can't hide - 19 Oct 2010
Tony Koenderman's, Brainstorm 2010: You can run but you can't hide - 19 Oct 2010Tony Koenderman's, Brainstorm 2010: You can run but you can't hide - 19 Oct 2010
Tony Koenderman's, Brainstorm 2010: You can run but you can't hide - 19 Oct 2010
 
Social Marketing for Brands
Social Marketing for BrandsSocial Marketing for Brands
Social Marketing for Brands
 
Improving Business Performance With Customer Insights
Improving Business Performance With Customer InsightsImproving Business Performance With Customer Insights
Improving Business Performance With Customer Insights
 
Bw The Innovation Deficit Tax
Bw The Innovation Deficit TaxBw The Innovation Deficit Tax
Bw The Innovation Deficit Tax
 
Revealing B2B Digital Marketers biggest challenges
Revealing B2B Digital Marketers biggest challengesRevealing B2B Digital Marketers biggest challenges
Revealing B2B Digital Marketers biggest challenges
 
Return Investment
Return InvestmentReturn Investment
Return Investment
 
basicsofsocialmediaroi
basicsofsocialmediaroibasicsofsocialmediaroi
basicsofsocialmediaroi
 
Digital + Marketing 101
Digital + Marketing 101Digital + Marketing 101
Digital + Marketing 101
 
Digital Marketing 101 5496
Digital Marketing 101 5496Digital Marketing 101 5496
Digital Marketing 101 5496
 

More from Bournemouth and Poole College

More from Bournemouth and Poole College (7)

Harnessing Potential of iPads for Business Content
Harnessing Potential of iPads for Business ContentHarnessing Potential of iPads for Business Content
Harnessing Potential of iPads for Business Content
 
Data in the Digital World
Data in the Digital WorldData in the Digital World
Data in the Digital World
 
Turning new technologies into must-haves
Turning new technologies into must-havesTurning new technologies into must-haves
Turning new technologies into must-haves
 
Smartphone Applications
Smartphone ApplicationsSmartphone Applications
Smartphone Applications
 
Choosing the right CMS
Choosing the right CMSChoosing the right CMS
Choosing the right CMS
 
Content Strategy versus Postmania
Content Strategy versus PostmaniaContent Strategy versus Postmania
Content Strategy versus Postmania
 
The Best of Augmented Reality
The Best of Augmented RealityThe Best of Augmented Reality
The Best of Augmented Reality
 

Recently uploaded

Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 

Recently uploaded (20)

Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
 
How to Maintain Healthy Life style.pptx
How to Maintain  Healthy Life style.pptxHow to Maintain  Healthy Life style.pptx
How to Maintain Healthy Life style.pptx
 
Event Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybridEvent Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybrid
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
Did Paul Haggis Ever Win an Oscar for Best Filmmaker
Did Paul Haggis Ever Win an Oscar for Best FilmmakerDid Paul Haggis Ever Win an Oscar for Best Filmmaker
Did Paul Haggis Ever Win an Oscar for Best Filmmaker
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small Businesses
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024
 
TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdfMatt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
 
Hyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings releaseHyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings release
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Using Generative AI for Content Marketing
Using Generative AI for Content MarketingUsing Generative AI for Content Marketing
Using Generative AI for Content Marketing
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
 
Easy Way to Download and Set Up Gen TDS Software on Your Computer
Easy Way to Download and Set Up Gen TDS Software on Your ComputerEasy Way to Download and Set Up Gen TDS Software on Your Computer
Easy Way to Download and Set Up Gen TDS Software on Your Computer
 
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 

The Imperfect Store

  • 1. The Imperfect Store. Neil Johnson Head of Data Planning Agree/Disagree? Let Neil know: neil.johnson@brightblueday.co.uk Having been a data planner for some How they completely dominated the market remains somewhat contentious (see Adam Cohen’s delightful “The Perfect Store” (2002), targeted by brands. And right now, I’m looking for the privacy settings that prevent eBay from exploiting me, but they seem to be remarkably 15 years, it’s heartening to see it’s not for more on this). But one thing’s for sure, they got the model right – well hidden... a community approach underpinned by strong community values. just data planners who are getting And data was at the heart of everything they did. Feedback ratings Which brings us to two important trends. Firstly, “Profile Myning” excited about data; how much there (a community idea) created reputations that enabled users to transact with trust. Data empowered the consumer. More transactions equalled (see http://trendwatching.com/trends/10trends2010/). The most value enhancing thing a brand can do is to empower consumers with their is, how secure it is, but moreover, more trust. More trust equalled more transactions. They created a data (guess what eBay, it’s not actually yours to sell). Value to consumer virtuous cycle of trust, powered by data. = profit to business. And what a lot of data they’ve got. how valuable it is. Just imagine the value they could add. And the most imaginative Now I’m a big fan of eBay. I’ve been a community member since 2002. thing they’ve thought of is to sell it through the Royal Mail. #Fail. I’ve got 139 feedback ratings. I even worked there. They now have more The question is often one of “commoditisation”. In other words, how data than any brand could hope for. A global customer base of 233 million One more thing. Smart brands are helping their customers. Which do we turn data into hard cash. And it seems eBay had the answer. It’s (tellingly they refer to us as customers now, not community members). 14 brings me to trend #2. “Brand Butlers”: http://trendwatching.com/ simple, you repackage it, anonymise it (but just enough to avoid falling million active users in the UK alone. At any one time, up to 10 million live trends/brandbutlers/. Take the Virgin Atlantic Taxi2 service. It helps foul of data protection legislation), and sell it to the highest bidder: listings, across 13,000 categories. Data on the brands I’m interested in, my travellers find a suitable taxi companion at their arrival point on http://www.research-live.com/news/news-headlines/royal-mail-taps- purchasing (and selling) habits, how I engage with the community and how providing their flight number and onward destination. A lovely example ebay-data-for-direct-marketing-targeting-tool/4002211.article the community engages with me. I’m one of those 14 million customers, of how a brand takes customer data (in this case, commercially and feel like eBay has sold me out. And I think you should too. available flight information) and delivers maximum value to their Which made me wonder, how can a brand that got it so right for so customers, at minimum cost to serve. You don’t even have to be flying long, now have got is so wrong? They were THE community led brand. The message to eBay...don’t just exploit your members for profit. Virgin Atlantic to benefit. An elegant way to demonstrate their core The world’s biggest marketplace. By the community, for the community. Why not repackage our data, add value, and give it back to us. For proposition of enhanced customer service, and maybe win a So why have the champions of the new consumer democracy debased our benefit. We could use it to discover brands we’re interested in few new customers in the process. themselves to the level of a list broker? conversing with, it could give us social currency to engage with each other, and with the brands we love (and will love). And in the process, I Head of Innovation at eBay take note. This isn’t innovation. might just fall in love with you again. We’re not sitting here waiting to be This is in your DNA. Neglect at your peril. To find out more please call 01202 669090 or visit brightblueday.co.uk