Embracing The
               Social Shopper
Presented by
About CCS



     8-part series (June 11-21)    Featuring industry
                                     analysts and consultants
     Sessions covering Mobile,
      Social, In-Store, X-          Free for Retail executives
      Channel, and more

   www.retailtouchpoints.com/connected-consumer

#CCSeries12
Follow The Webcast On Twitter




   #CCSeries12
              @ConnectConsumer
               @RTouchPoints



#CCSeries12
About Retail TouchPoints
 Launched in 2007

 More than 20,000 subscribers

 Provide executives with relevant,
  insightful content

 Free Resources such as White Papers,
  E-book, Webinars, Research and
  Podcasts


             www.RetailTouchPoints.com
#CCSeries12
BrightTALK




#CCSeries12
Today’s Panelists

                               MODERATOR




         Christina Heggie      Alicia Fiorletta
         Senior Analyst        Associate Editor
         A.T. Kearney          Retail TouchPoints




#CCSeries12
A.T. Kearney & Retail TouchPoints


The Social Shopper

June 2012




Presenter:
Christina Heggie
Presentation Outline



■ Converging Trends – Consumers, Companies, & Technology
■ A.T. Kearney Annual Study – Company & Consumer Interactions on Facebook
■ Tips & Tactics – Managing the Social Shopper
■ Summary




                                                                            A.T. Kearney   8
Presentation Outline



■ Converging Trends – Consumers, Companies, & Technology
■ A.T. Kearney Annual Study – Company & Consumer Interactions on Facebook
■ Tips & Tactics – Managing the Social Shopper
■ Summary




                                                                            A.T. Kearney   9
Although eCommerce has yet to fully integrate with social media, three major
trends indicate that the question is only when and—more importantly—how


                                                     Consumers
                                     Consumers engage with brands and other consumers
                                    through digital channels throughout the purchase cycle,
                                      and purchases are increasingly made online globally




         Technologies                                                                         Companies
    Key technology trends—such as                                                      Companies across industries are
  mobile proliferation and social platform                                            entering the ecommerce space, and
  enhancements—are a key enabler in                                                      some are venturing into social
     the growth of social commerce                                                       platforms with mixed success




                                                                                                               A.T. Kearney   10
Consumers interact with the product, the brand, and other shoppers
throughout the purchase cycle

Digital Engagement in the Purchase Cycle

 Aware                                  Consider                             Inquire                     Purchase                    Advocate
                                        purchasing the                                                                               for the product /
 of the product                                                              about the product           the product
                                        product                                                                                      brand

•Nearly 50% of search               •77% of online shoppers             •Over 50% of consumers        •Consumers age 24-35 do     •Over half of consumers also
marketers use social                use reviews to make a               who follow retailers have     25% of shopping online      state likeliness to
networking sites to share           purchase decision                   used the platform to obtain                               recommend a company or
product content to build                                                product info                                              product after following
consumer awareness5                 •―Product Ratings &                                               •38% of tablet owners use   online1
                                    Reviews‖ & ―Sharing via             •Consumers ranked             the device to make retail
                                    Social Networking‖ were             friends/family recom-         purchases                   •81% of consumers
                                    both seen as very                   mendations highest in                                     receive advice from
                                    valuable in a recent retail         ―most trusted‖ info3          •Nearly 50% of shoppers     friends and family about
                                    study2                                                            have made a purchase        product information
                                    •Review sites enable                •Consumers now seek out       decision based on a
                                    consumer-to-consumer                ~ 7 pieces of info in the     recommendation through a
                                    reviews—epinions,                   purchase cycle – vs. 2-3 in   social network
                                    Amazon, Buzzillions, etc            20024


                                                                       Broader Context
                           79% of Americans use the Internet                        $30B projected size of social commerce in 2015
                  59% of Internet users engage on social media                             67% spend more online after recommendations
                                                       52% of Facebook users log into the site each day
1) Pew Internet & American Life Study
2) eTailing marketing study
3) Global: Internet Statistics Compendium, eConsultancy
4) The Holmes Report
5) iProspect, Social Networking Sites – Venues for the Brand Ambassadors of the Future?
Source: The Economist, comScore, eTailing, Pew, DigitalBuzzBlog, Mashable, TabJuice                                                             A.T. Kearney   11
Thank You For Your Interest In The
        Connected Consumer Series



    View the on-demand
    session on BrightTALK

   www.retailtouchpoints.com/connected-consumer


#CCSeries12

Embracing The Social Shopper

  • 1.
    Embracing The Social Shopper Presented by
  • 2.
    About CCS  8-part series (June 11-21)  Featuring industry analysts and consultants  Sessions covering Mobile, Social, In-Store, X-  Free for Retail executives Channel, and more www.retailtouchpoints.com/connected-consumer #CCSeries12
  • 3.
    Follow The WebcastOn Twitter #CCSeries12 @ConnectConsumer @RTouchPoints #CCSeries12
  • 4.
    About Retail TouchPoints Launched in 2007  More than 20,000 subscribers  Provide executives with relevant, insightful content  Free Resources such as White Papers, E-book, Webinars, Research and Podcasts www.RetailTouchPoints.com #CCSeries12
  • 5.
  • 6.
    Today’s Panelists MODERATOR Christina Heggie Alicia Fiorletta Senior Analyst Associate Editor A.T. Kearney Retail TouchPoints #CCSeries12
  • 7.
    A.T. Kearney &Retail TouchPoints The Social Shopper June 2012 Presenter: Christina Heggie
  • 8.
    Presentation Outline ■ ConvergingTrends – Consumers, Companies, & Technology ■ A.T. Kearney Annual Study – Company & Consumer Interactions on Facebook ■ Tips & Tactics – Managing the Social Shopper ■ Summary A.T. Kearney 8
  • 9.
    Presentation Outline ■ ConvergingTrends – Consumers, Companies, & Technology ■ A.T. Kearney Annual Study – Company & Consumer Interactions on Facebook ■ Tips & Tactics – Managing the Social Shopper ■ Summary A.T. Kearney 9
  • 10.
    Although eCommerce hasyet to fully integrate with social media, three major trends indicate that the question is only when and—more importantly—how Consumers Consumers engage with brands and other consumers through digital channels throughout the purchase cycle, and purchases are increasingly made online globally Technologies Companies Key technology trends—such as Companies across industries are mobile proliferation and social platform entering the ecommerce space, and enhancements—are a key enabler in some are venturing into social the growth of social commerce platforms with mixed success A.T. Kearney 10
  • 11.
    Consumers interact withthe product, the brand, and other shoppers throughout the purchase cycle Digital Engagement in the Purchase Cycle Aware Consider Inquire Purchase Advocate purchasing the for the product / of the product about the product the product product brand •Nearly 50% of search •77% of online shoppers •Over 50% of consumers •Consumers age 24-35 do •Over half of consumers also marketers use social use reviews to make a who follow retailers have 25% of shopping online state likeliness to networking sites to share purchase decision used the platform to obtain recommend a company or product content to build product info product after following consumer awareness5 •―Product Ratings & •38% of tablet owners use online1 Reviews‖ & ―Sharing via •Consumers ranked the device to make retail Social Networking‖ were friends/family recom- purchases •81% of consumers both seen as very mendations highest in receive advice from valuable in a recent retail ―most trusted‖ info3 •Nearly 50% of shoppers friends and family about study2 have made a purchase product information •Review sites enable •Consumers now seek out decision based on a consumer-to-consumer ~ 7 pieces of info in the recommendation through a reviews—epinions, purchase cycle – vs. 2-3 in social network Amazon, Buzzillions, etc 20024 Broader Context 79% of Americans use the Internet $30B projected size of social commerce in 2015 59% of Internet users engage on social media 67% spend more online after recommendations 52% of Facebook users log into the site each day 1) Pew Internet & American Life Study 2) eTailing marketing study 3) Global: Internet Statistics Compendium, eConsultancy 4) The Holmes Report 5) iProspect, Social Networking Sites – Venues for the Brand Ambassadors of the Future? Source: The Economist, comScore, eTailing, Pew, DigitalBuzzBlog, Mashable, TabJuice A.T. Kearney 11
  • 12.
    Thank You ForYour Interest In The Connected Consumer Series View the on-demand session on BrightTALK www.retailtouchpoints.com/connected-consumer #CCSeries12