IMPACT OF E-COMMERCE, SEARCH + SOCIAL IN
AFTERMARKET PURCHASING
PRESENTED BY STEVE PARKER, JR.
JUNE 7, 2012
2




AGENDA


•  Impact of E-Commerce
•  Impact of Search
•  Impact of Social
•  Impact of Social + Search
3




IMPACT OF
E-COMMERCE
4




    CONSUMERS ARE SHOPPING AROUND


   46%              of visitors to a leading auto retailer website visit to check
                    OFFERS + REBATES.


   46%              visit to research product for PURCHASE.



   31%              visit to receive a QUOTE or PRICING.

    “I WOULD CHECK DISCOUNT TIRE DIRECT FIRST, THEY HAVE FREE SHIPPING, TIRE RACK
    DOESN’T. I HAVE CHECKED BOTH (just bought a set for my m/c yesterday) and with the
    free shipping factored in discount beats tire rack every time, not to mention discount
    carries Nitto and tire rack doesn't.
    Source: ls1.com/forums



Source: ls1.com/forums & Proprietary Levelwing Automotive Aftermarket Study, 2012
5




    CONSUMERS LOOK TO OTHERS


    70%             of Americans say they look at product reviews before
                    making a purchase.

    Integrating your ratings + reviews is
    CRUCIAL.




Source: Winning the Zero Moment of Truth,” Google, Inc., 2011
6




    ZERO MOMENT OF TRUTH (ZMOT)


                            The moment when consumers make choices that affect
    (ZMOT)                  the success + failure of a brand.



    Online comparison shopping is the                               3 RD

    MOST POPULAR resource during ZMOT.




Source: Winning the Zero Moment of Truth,” Google, Inc., 2011
7




IMPACT OF SEARCH
8




    SEARCH ENGINES ARE DECISION MAKERS
                                                                                AWARENESS



    82%              who have viewed a company’s website convert into an in-
                     store customer within the first 7 days.
                                                                                 INTEREST



    Search is the only form of advertising that                                CONSIDERATION

    FULFILLS DEMAND rather than attempt to
                                                                                 PURCHASE
    create it.




Source: Proprietary Levelwing Automotive Aftermarket Study, 2012
9




   SEARCH IS USED FROM THE START


   2/3          of search traffic to tire/auto-service sites comes from a non-
                branded search.


   Having a well-constructed paid search strategy,
   consisting of both branded and non-branded
   terms is a NECESSITY.




Source: Google, 2012
10




IMPACT OF SOCIAL
11




HOW SUCCESS IS MEASURED
Four Quadrants of Success




                      1     Community
                             Growth
                                        2   Engagement




                      3       KPIs      4    Return on
                                            Investment
12



ANALYTICS + TRACKING RETURN ON INVESTMENT

                                     QUOTE

      SEARCH, SOCIAL,
          OTHER
                                      APPT.
                                                        CUSTOM
                        WEBSITE                        DATABASE   PURCHASE OCCURS
                                                                  POS DATA CAPTURED
                                    BATTERY
                                     QUOTE
      ALL WEBSITES

                                      SITE VISIT
                                  (No Traceable Data
                                       Provided)
13



EXTRACTING VALUE FROM SOCIAL
14




    SOCIAL LEADS TO 1:1 ENGAGEMENT


    Engage in ONE-ON-ONE COVERSATIONS.

    1,000+                    Unique negative situations resolved via social
                              platforms this year, with approximately 200
                              shares that the issue was resolved


    CONFLICT RESOLUTION is not limited to B2C.
     AutoTrader has created a private social network to communicate
     with its thousands of dealers in order to gain FEEDBACK and
     INSIGHTS




Source: Propriety Levelwing Data, 2012
15




IMPACT OF SOCIAL +
SEARCH
16




CREATING INTEREST (AND THEN DEMAND)
                                         AWARENESS


                                          INTEREST



Social can be used to create interest   CONSIDERATION
+ awareness, leading to DEMAND.
                                          PURCHASE
17




HOLISTIC MESSAGE TESTING
Messaging + Content Rotation are KEY.




                            Conversational + Messaging Insights

                                    Messaging Insights

                                        Demand

                                        ROI Insights
18




MESSAGE SEQUENCING
  TOUCH 1    TOUCH 2       TOUCH 3         TOUCH 4
  SOCIAL     DISPLAY     PAID SEARCH     PAID SEARCH
                                                         IN-STORE PURCHASE

  SOCIAL:    DISPLAY:     PAID SEARCH:    PAID SEARCH:
  TWITTER   BEHAVIORAL   TAIL, GENERAL   TAIL, GENERAL
                                                              WHO

                                                               SKU
  SOC.TW     DIS.BEH      SEM.TL.GN       SEM.TL.GN
                                                           PURCHASE


            = SEQUENCE ID: 141
             56 CONVERSIONS
              AVG. ROI $7.42
19




SUMMARY


•  Many factors inform customers purchase decisions - use to your advantage
•  Silos do not work, have a plan and a strategy - (don’t just do things)
•  Cohesion is key - insights should universally apply to your business goals
20




THANK YOU
                               READ OUR BLOG



STEVE PARKER, JR
+1.843.631.4587              askingsmarterquestions.com	

sparker@levelwing.com
@sparkerjr | levelwing.com

Impact of E-Commerce, Search + Social on Auto Aftermarket Purchasing

  • 1.
    IMPACT OF E-COMMERCE,SEARCH + SOCIAL IN AFTERMARKET PURCHASING PRESENTED BY STEVE PARKER, JR. JUNE 7, 2012
  • 2.
    2 AGENDA •  Impact ofE-Commerce •  Impact of Search •  Impact of Social •  Impact of Social + Search
  • 3.
  • 4.
    4 CONSUMERS ARE SHOPPING AROUND 46% of visitors to a leading auto retailer website visit to check OFFERS + REBATES. 46% visit to research product for PURCHASE. 31% visit to receive a QUOTE or PRICING. “I WOULD CHECK DISCOUNT TIRE DIRECT FIRST, THEY HAVE FREE SHIPPING, TIRE RACK DOESN’T. I HAVE CHECKED BOTH (just bought a set for my m/c yesterday) and with the free shipping factored in discount beats tire rack every time, not to mention discount carries Nitto and tire rack doesn't. Source: ls1.com/forums Source: ls1.com/forums & Proprietary Levelwing Automotive Aftermarket Study, 2012
  • 5.
    5 CONSUMERS LOOK TO OTHERS 70% of Americans say they look at product reviews before making a purchase. Integrating your ratings + reviews is CRUCIAL. Source: Winning the Zero Moment of Truth,” Google, Inc., 2011
  • 6.
    6 ZERO MOMENT OF TRUTH (ZMOT) The moment when consumers make choices that affect (ZMOT) the success + failure of a brand. Online comparison shopping is the 3 RD MOST POPULAR resource during ZMOT. Source: Winning the Zero Moment of Truth,” Google, Inc., 2011
  • 7.
  • 8.
    8 SEARCH ENGINES ARE DECISION MAKERS AWARENESS 82% who have viewed a company’s website convert into an in- store customer within the first 7 days. INTEREST Search is the only form of advertising that CONSIDERATION FULFILLS DEMAND rather than attempt to PURCHASE create it. Source: Proprietary Levelwing Automotive Aftermarket Study, 2012
  • 9.
    9 SEARCH IS USED FROM THE START 2/3 of search traffic to tire/auto-service sites comes from a non- branded search. Having a well-constructed paid search strategy, consisting of both branded and non-branded terms is a NECESSITY. Source: Google, 2012
  • 10.
  • 11.
    11 HOW SUCCESS ISMEASURED Four Quadrants of Success 1 Community Growth 2 Engagement 3 KPIs 4 Return on Investment
  • 12.
    12 ANALYTICS + TRACKINGRETURN ON INVESTMENT QUOTE SEARCH, SOCIAL, OTHER APPT. CUSTOM WEBSITE DATABASE PURCHASE OCCURS POS DATA CAPTURED BATTERY QUOTE ALL WEBSITES SITE VISIT (No Traceable Data Provided)
  • 13.
  • 14.
    14 SOCIAL LEADS TO 1:1 ENGAGEMENT Engage in ONE-ON-ONE COVERSATIONS. 1,000+ Unique negative situations resolved via social platforms this year, with approximately 200 shares that the issue was resolved CONFLICT RESOLUTION is not limited to B2C. AutoTrader has created a private social network to communicate with its thousands of dealers in order to gain FEEDBACK and INSIGHTS Source: Propriety Levelwing Data, 2012
  • 15.
  • 16.
    16 CREATING INTEREST (ANDTHEN DEMAND) AWARENESS INTEREST Social can be used to create interest CONSIDERATION + awareness, leading to DEMAND. PURCHASE
  • 17.
    17 HOLISTIC MESSAGE TESTING Messaging+ Content Rotation are KEY. Conversational + Messaging Insights Messaging Insights Demand ROI Insights
  • 18.
    18 MESSAGE SEQUENCING TOUCH 1 TOUCH 2 TOUCH 3 TOUCH 4 SOCIAL DISPLAY PAID SEARCH PAID SEARCH IN-STORE PURCHASE SOCIAL: DISPLAY: PAID SEARCH: PAID SEARCH: TWITTER BEHAVIORAL TAIL, GENERAL TAIL, GENERAL WHO SKU SOC.TW DIS.BEH SEM.TL.GN SEM.TL.GN PURCHASE = SEQUENCE ID: 141 56 CONVERSIONS AVG. ROI $7.42
  • 19.
    19 SUMMARY •  Many factorsinform customers purchase decisions - use to your advantage •  Silos do not work, have a plan and a strategy - (don’t just do things) •  Cohesion is key - insights should universally apply to your business goals
  • 20.
    20 THANK YOU READ OUR BLOG STEVE PARKER, JR +1.843.631.4587 askingsmarterquestions.com sparker@levelwing.com @sparkerjr | levelwing.com