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                   It's all E-commerce: How
                    the Social, Local, Mobile
                   Web Affects Sales Online
                             and Offline        January 15, 2013

                         Tim Peter


                            We’ll be starting
                                  soon!
www.timpeter.com
                                                 © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




Your moderator for today: Frank Reed

                                   Managing Editor of
                                                                                   #11
                                   marketingpilgrim.com

                                   Director of Sales
                                   edgeworksgroup.com

                                   Weekly contributor to                      blog
                                    “Frank Fridays”



    @frankreed               frank@edgeworksgroup.com            919-285-1515

2                                                                            © 2010 Mike Moran
                                                            © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates



                                  Thanks to all of
     It's all E-commerce:          our sponsors
    How the Social, Local,
     Mobile Web Affects
       Sales Online and
              Offline




                     Tim Peter

3                                                        © 2010 Mike Moran
                                        © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




Click the orange arrow




4                                                © 2010 Mike Moran
                                © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




    Your speaker for today: Tim Peter


                                      President of

                                      Instructor at Rutgers University

                                      Blogger at




       @tcpeter                     tim@timpeter.com        201-305-0055

5                                                                             © 2010 Mike Moran
                                                             © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




How big is “e-commerce”?


                           2012                                       $224.2 billion
                           2013                                       $256.0 billion
                           2014                                       $289.8 billion

    Source: eMarketer, March 2012 and United States Department of Commerce data, December 2012 (US-only e-commerce)




6                                                                                                                    © 2010 Mike Moran
                                                                                                    © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




How big is “e-commerce”?


                           2012                                       $224.2 billion
                           2013
                                6%-7%                                 $256.0 billion
                           2014                                       $289.8 billion

    Source: eMarketer, March 2012 and United States Department of Commerce data, December 2012 (US-only e-commerce)
    Share data excludes auto dealers, gas stations, fuel dealers, travel and event tickets



7                                                                                                                    © 2010 Mike Moran
                                                                                                    © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




Online contribution
120.0%

100.0%           7.2%                  7.6%               8.0%                    8.4%

    80.0%
                38.2%                  39.8%             41.1%                   42.7%
    60.0%

    40.0%
                54.6%                  52.6%             51.2%                   49.0%
    20.0%

    0.0%
                 2012                  2013               2014                    2015
                Offline only         Web-influenced offline      Online only

8                                                                                     © 2010 Mike Moran
                                                                     © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




And yet…


     Roughly 60% of
     small businesses
     don’t have a
     website
9                                               © 2010 Mike Moran
                               © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




10                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




Source: Google http://www.thinkwithgoogle.com/insights/featured/five-stages-of-travel/ & http://www.thinkwithgoogle.com/insights/library/studies/the-zero-moment-of-truth-macro-
study/

    11                                                                                                                                                © 2010 Mike Moran
                                                                                                                                     © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




Here’s a question…




     “Why?”
12                                               © 2010 Mike Moran
                                © 2013 Tim Peter & Associates, LLC
Mike Moran




                         © 2010 Mike Moran
             © 2013 Mike Moran Group LLC
Mike Moran




               Because
             we’ve trained
               them to

                                         © 2010 Mike Moran
                             © 2013 Mike Moran Group LLC
Tim Peter & Associates




15                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




16                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Mike Moran




                         © 2010 Mike Moran
             © 2013 Mike Moran Group LLC
Tim Peter & Associates




                                          © 2010 Mike Moran
                         © 2013 Tim Peter & Associates, LLC
Mike Moran




                         © 2010 Mike Moran
             © 2013 Mike Moran Group LLC
Mike Moran




                         © 2010 Mike Moran
             © 2013 Mike Moran Group LLC
Mike Moran




21                            © 2010 Mike Moran
                  © 2013 Mike Moran Group LLC
Tim Peter & Associates




22                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Mike Moran




23                            © 2010 Mike Moran
                  © 2013 Mike Moran Group LLC
Mike Moran




                  •44% of all cell users
                  •40% of those 35-44
                  •50% of smartphone
                   owners
                  •60% of those 18-34
24                                          © 2010 Mike Moran
                                © 2013 Mike Moran Group LLC
Mike Moran




25                            © 2010 Mike Moran
                  © 2013 Mike Moran Group LLC
Tim Peter & Associates




                                        953 Million                                           6.1 Billion




    26                                                                                                                       © 2010 Mike Moran
                                                                                                            © 2013 Tim Peter & Associates, LLC
Source: Mary Meeker & Liang Wu http://www.scribd.com/doc/95259089/KPCB-Internet-Trends-2012
Tim Peter & Associates




 More own mobile phones than toothbrushes




27                                                  © 2010 Mike Moran
                                   © 2013 Tim Peter & Associates, LLC
Mike Moran




28                            © 2010 Mike Moran
                  © 2013 Mike Moran Group LLC
Tim Peter & Associates




The purchase funnel doesn’t exist
                                                          29




29                                                   © 2010 Mike Moran
                                    © 2013 Tim Peter & Associates, LLC
Mike Moran




             Remember:
              We trained
             them not to
               do that

                                       © 2010 Mike Moran
                           © 2013 Mike Moran Group LLC
Mike Moran


                           Am I going to enjoy
The online shopping experience myself?
                                (i.e., your
          Transparent
                           product, service, or
                              experience)




                                                   © 2010 Mike Moran
                                       © 2013 Mike Moran Group LLC
Mike Moran


  Why
should I
buy from
 you?




                            © 2010 Mike Moran
                © 2013 Mike Moran Group LLC
Tim Peter & Associates




4 keys to success in a world
where it’s all e-commerce
      Think customers NOT channels.

      Plan “mobile first.”

      Embrace price transparency

      Remember: Content is king. Context is queen.




33                                                           © 2010 Mike Moran
                                            © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




 4 “P’s” of marketing + 1




34                                                © 2010 Mike Moran
                                 © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




 Know your customers




35                                               © 2010 Mike Moran
                                © 2013 Tim Peter & Associates, LLC
Mike Moran




36                            © 2010 Mike Moran
                  © 2013 Mike Moran Group LLC
Tim Peter & Associates




     Choose channels based on
          customer use



37                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




Is this the end of brand sites? Um… no.




38                                                     © 2010 Mike Moran
                                      © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




 Think “mobile first”

                                  Mobile isn’t the most
                                   important channel

                                  Mobile isn’t the only
                                   channel

                                  But… don’t try to add
                                   it on later




39                                                           © 2010 Mike Moran
                                            © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




     Defining “mobile”

         Situation vs. device




40                                                     © 2010 Mike Moran
                                      © 2013 Tim Peter & Associates, LLC
Mike Moran




 Think “task-oriented”:
 Disney MyMagic+
 RFID “tickets” and
 purchasing
41                                    © 2010 Mike Moran
                          © 2013 Mike Moran Group LLC
Tim Peter & Associates




Demand responsive, situation-focused, task-oriented web
design… because your customers will




42                                                            © 2010 Mike Moran
                                             © 2013 Tim Peter & Associates, LLC
Mike Moran




             Embrace price
              transparency


                                         © 2010 Mike Moran
                             © 2013 Mike Moran Group LLC
Mike Moran



             Embrace price
             transparency?




                               © 2010 Mike Moran
                   © 2013 Mike Moran Group LLC
Tim Peter & Associates




                              Embrace price
                              transparency?




45                                                  © 2010 Mike Moran
                                   © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




46                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates


     But what about “showrooming?”




47                                                    © 2010 Mike Moran
                                     © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates


     Doesn’t showrooming divert
     sales from stores to the web?


                                     6 in 10 ‘showroomers’ said
                                     they originally planned to
                                     purchase at the store but
                                     changed their mind while
                                     there and instead bought
                                     online

                                     Source: comScore, “State of the
                                     US Online Retail Economy in Q1
                                     2012,” May 2012




48                                                                © 2010 Mike Moran
                                                 © 2013 Tim Peter & Associates, LLC
Mike Moran




                  Price must show value




49                                                    © 2010 Mike Moran
                                          © 2013 Mike Moran Group LLC
Tim Peter & Associates




 What separates these stores?




50                                               © 2010 Mike Moran
                                © 2013 Tim Peter & Associates, LLC
Mike Moran




                         © 2010 Mike Moran
             © 2013 Mike Moran Group LLC
Tim Peter & Associates




 Create “Likeable,” sharable content




52                                                      © 2010 Mike Moran
                                       © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




 Social integration




53                                                © 2010 Mike Moran
                                 © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




 Context:

       “Where u @?” Location, altitude, speed

       Past actions, history, selected preferences

       Assumed attitudes and emotions based on
        actions and situation




54                                                              © 2010 Mike Moran
                                               © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




55                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates


     Task-oriented            Contextual




56                                                     © 2010 Mike Moran
                                      © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




57                                             © 2010 Mike Moran
                              © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




 What’s next?

            Distance, floor in building, aisle, what direction

            Light, dark

            Gesture-based control (Think Xbox Kinect or Wii)

            Biometrics (Are you excited? Confused?)




58                                                                                 © 2010 Mike Moran
                                                                  © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates


                  • Store locator (most sites with retail presence)
   At home
                  • Shopping cart function (many “commerce” sites)



                  • “View-commerce” (Glamour magazine “virtual storefronts”)
Subway/Public     • Store locator by station stop (???)
transportation




                  • Parking information (Streetline Parker, ParkSight)
   En route
                  • In-store pickup (Nordstrom, Apple Store)


                  • Product locator/store map (Walmart)
                  • Streamlined checkout/ payment options (Apple Store
      In-store      EasyPay, eBay, Nordstrom, Google Wallet)


                  • Price comparison (Amazon, Walmart)
In competitor’s   • Coupons and loyalty rewards (Walmart, Shopkick)
     store




 59                                                                                        © 2010 Mike Moran
                                                                          © 2013 Tim Peter & Associates, LLC
Mike Moran




             What do you want your
               customers to do?


                                                 © 2010 Mike Moran
                                     © 2013 Mike Moran Group LLC
Tim Peter & Associates




4 keys to success in a world
where it’s all e-commerce

      Think customers NOT channels.

      Plan “mobile first.”

      Embrace price transparency

      Remember: Content is king. Context is queen.




61                                                           © 2010 Mike Moran
                                            © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates




 How big is e-commerce?




    It’s all
 e-commerce
62                                               © 2010 Mike Moran
                                © 2013 Tim Peter & Associates, LLC
Tim Peter & Associates

                                               Don’t forget our sponsors
Don’t stop now!




                           March 12, 2013
                          11:00 to 11:30 ET
                             Engaging
                           Employees to
 Glenn Gaudet             Share Corporate
                           Social Media
     Sign up now at bit.ly/ZBYdhG

                       For more information:
                www.biznology.com
63                                                                         © 2010 Mike Moran
                                                          © 2013 Tim Peter & Associates, LLC

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It's All E-commerce

  • 1. Thanks for joining! It's all E-commerce: How the Social, Local, Mobile Web Affects Sales Online and Offline January 15, 2013 Tim Peter We’ll be starting soon! www.timpeter.com © 2013 Tim Peter & Associates, LLC
  • 2. Tim Peter & Associates Your moderator for today: Frank Reed  Managing Editor of #11 marketingpilgrim.com  Director of Sales edgeworksgroup.com  Weekly contributor to blog “Frank Fridays” @frankreed frank@edgeworksgroup.com 919-285-1515 2 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 3. Tim Peter & Associates Thanks to all of It's all E-commerce: our sponsors How the Social, Local, Mobile Web Affects Sales Online and Offline Tim Peter 3 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 4. Tim Peter & Associates Click the orange arrow 4 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 5. Tim Peter & Associates Your speaker for today: Tim Peter  President of  Instructor at Rutgers University  Blogger at @tcpeter tim@timpeter.com 201-305-0055 5 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 6. Tim Peter & Associates How big is “e-commerce”? 2012 $224.2 billion 2013 $256.0 billion 2014 $289.8 billion Source: eMarketer, March 2012 and United States Department of Commerce data, December 2012 (US-only e-commerce) 6 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 7. Tim Peter & Associates How big is “e-commerce”? 2012 $224.2 billion 2013 6%-7% $256.0 billion 2014 $289.8 billion Source: eMarketer, March 2012 and United States Department of Commerce data, December 2012 (US-only e-commerce) Share data excludes auto dealers, gas stations, fuel dealers, travel and event tickets 7 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 8. Tim Peter & Associates Online contribution 120.0% 100.0% 7.2% 7.6% 8.0% 8.4% 80.0% 38.2% 39.8% 41.1% 42.7% 60.0% 40.0% 54.6% 52.6% 51.2% 49.0% 20.0% 0.0% 2012 2013 2014 2015 Offline only Web-influenced offline Online only 8 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 9. Tim Peter & Associates And yet… Roughly 60% of small businesses don’t have a website 9 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 10. Tim Peter & Associates 10 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 11. Tim Peter & Associates Source: Google http://www.thinkwithgoogle.com/insights/featured/five-stages-of-travel/ & http://www.thinkwithgoogle.com/insights/library/studies/the-zero-moment-of-truth-macro- study/ 11 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 12. Tim Peter & Associates Here’s a question… “Why?” 12 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 13. Mike Moran © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 14. Mike Moran Because we’ve trained them to © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 15. Tim Peter & Associates 15 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 16. Tim Peter & Associates 16 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 17. Mike Moran © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 18. Tim Peter & Associates © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 19. Mike Moran © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 20. Mike Moran © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 21. Mike Moran 21 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 22. Tim Peter & Associates 22 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 23. Mike Moran 23 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 24. Mike Moran •44% of all cell users •40% of those 35-44 •50% of smartphone owners •60% of those 18-34 24 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 25. Mike Moran 25 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 26. Tim Peter & Associates 953 Million 6.1 Billion 26 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC Source: Mary Meeker & Liang Wu http://www.scribd.com/doc/95259089/KPCB-Internet-Trends-2012
  • 27. Tim Peter & Associates More own mobile phones than toothbrushes 27 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 28. Mike Moran 28 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 29. Tim Peter & Associates The purchase funnel doesn’t exist 29 29 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 30. Mike Moran Remember: We trained them not to do that © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 31. Mike Moran Am I going to enjoy The online shopping experience myself? (i.e., your  Transparent product, service, or experience) © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 32. Mike Moran Why should I buy from you? © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 33. Tim Peter & Associates 4 keys to success in a world where it’s all e-commerce  Think customers NOT channels.  Plan “mobile first.”  Embrace price transparency  Remember: Content is king. Context is queen. 33 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 34. Tim Peter & Associates 4 “P’s” of marketing + 1 34 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 35. Tim Peter & Associates Know your customers 35 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 36. Mike Moran 36 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 37. Tim Peter & Associates Choose channels based on customer use 37 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 38. Tim Peter & Associates Is this the end of brand sites? Um… no. 38 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 39. Tim Peter & Associates Think “mobile first”  Mobile isn’t the most important channel  Mobile isn’t the only channel  But… don’t try to add it on later 39 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 40. Tim Peter & Associates Defining “mobile”  Situation vs. device 40 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 41. Mike Moran Think “task-oriented”: Disney MyMagic+ RFID “tickets” and purchasing 41 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 42. Tim Peter & Associates Demand responsive, situation-focused, task-oriented web design… because your customers will 42 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 43. Mike Moran Embrace price transparency © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 44. Mike Moran Embrace price transparency? © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 45. Tim Peter & Associates Embrace price transparency? 45 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 46. Tim Peter & Associates 46 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 47. Tim Peter & Associates But what about “showrooming?” 47 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 48. Tim Peter & Associates Doesn’t showrooming divert sales from stores to the web? 6 in 10 ‘showroomers’ said they originally planned to purchase at the store but changed their mind while there and instead bought online Source: comScore, “State of the US Online Retail Economy in Q1 2012,” May 2012 48 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 49. Mike Moran Price must show value 49 © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 50. Tim Peter & Associates What separates these stores? 50 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 51. Mike Moran © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 52. Tim Peter & Associates Create “Likeable,” sharable content 52 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 53. Tim Peter & Associates Social integration 53 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 54. Tim Peter & Associates Context:  “Where u @?” Location, altitude, speed  Past actions, history, selected preferences  Assumed attitudes and emotions based on actions and situation 54 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 55. Tim Peter & Associates 55 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 56. Tim Peter & Associates Task-oriented Contextual 56 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 57. Tim Peter & Associates 57 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 58. Tim Peter & Associates What’s next?  Distance, floor in building, aisle, what direction  Light, dark  Gesture-based control (Think Xbox Kinect or Wii)  Biometrics (Are you excited? Confused?) 58 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 59. Tim Peter & Associates • Store locator (most sites with retail presence) At home • Shopping cart function (many “commerce” sites) • “View-commerce” (Glamour magazine “virtual storefronts”) Subway/Public • Store locator by station stop (???) transportation • Parking information (Streetline Parker, ParkSight) En route • In-store pickup (Nordstrom, Apple Store) • Product locator/store map (Walmart) • Streamlined checkout/ payment options (Apple Store In-store EasyPay, eBay, Nordstrom, Google Wallet) • Price comparison (Amazon, Walmart) In competitor’s • Coupons and loyalty rewards (Walmart, Shopkick) store 59 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 60. Mike Moran What do you want your customers to do? © 2010 Mike Moran © 2013 Mike Moran Group LLC
  • 61. Tim Peter & Associates 4 keys to success in a world where it’s all e-commerce  Think customers NOT channels.  Plan “mobile first.”  Embrace price transparency  Remember: Content is king. Context is queen. 61 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 62. Tim Peter & Associates How big is e-commerce? It’s all e-commerce 62 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC
  • 63. Tim Peter & Associates Don’t forget our sponsors Don’t stop now! March 12, 2013 11:00 to 11:30 ET Engaging Employees to Glenn Gaudet Share Corporate Social Media Sign up now at bit.ly/ZBYdhG For more information: www.biznology.com 63 © 2010 Mike Moran © 2013 Tim Peter & Associates, LLC

Editor's Notes

  1. The internet influencesalmost 70% of business among those businesses that do have a website.
  2. Location context, in my store, in my competitor’s store, given travel time
  3. Context determines airport.