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Social Commerce Strategy


  David Dorf (@dordav)
  Sr. Director, Oracle Retail

  Jon Kubo
  CIO, Wet Seal
users
                                                                 620,677,320                          worldwide
                     The Rest
                                                                                                      active users log in
                                                                                              50%
                       43%
   Top 10                                                                                             every day
    57%

                                                                                                      friends

       Canada       16,841,560
                                                                                              130     per user
                                         Starbucks                                  19,598,753
            Italy   16,841,560
                                                                                                      minutes spent
                                                                                                 55
                                   Victoria's Secret                             11,462,279
        Mexico      17,997,800               ZARA                       8,018,164                     per day
                                               H&M                   6,185,169
            India   20,221,700
                                           Lacoste                4,532,168
                                                                                                      comments
                                                                                                 25
        France      20,972,580
                                          Burberry               4,069,684

    Philippines      22,316,340         Forever 21               4,010,392                            per month
                                           Walmart              3,314,176
        Turkey       25,420,400
                                          Old Navy        1,656,157
United Kingdom

     Indonesia
                      28,041,780

                        34,498,920
                                         JCPenney         1,470,917
                                                                                                 9 per month
  United States                                   148,867,700
                                                                                                  4 per month
Brands on Facebook
Survey of 2500 Facebook
users in the UK, Jan 2011
                               Q: Why do you follow brands on Facebook?

Q: Do you follow
any brands on
Facebook?


                            Deals   Shopping Comments Advocate   Events



Q: Have you made
a purchase via a
brand’s Facebook
page?
Social Commerce Goals

1. Listen
  – Listen and engage
  – Continuously improve
2. Attract
  – Brand awareness
  – Product promotions
3. Involve
  – Sense of belonging
  – Feeling of significance
User Generated
•   Ratings & Reviews
•   Recommendations
•   Lists
•   Forums
•   Blogs
Check-ins   Foursquare 2-14-2011 (AdAge)
Working the Crowd
Gamification
F-commerce
Social Shopping

Buy with Friends
Goals & Tools

1. Listen                     1. User Generated
  – Listen and engage
  – Continuously improve      2. Check-ins
                                 Check-
2. Attract                    3. Working the Crowd
  – Brand awareness
  – Product promotions        4. Gamification

3. Involve                    5. F-commerce
                                 F-
  – Sense of belonging
  – Feeling of significance   6. Social Shopping
Check-in AND Check-out
          1. Checkout
          2. Publish
          3. +Impressions

              Larry Ellison just bought something from Wet Seal.

              15 minutes ago · Like · Comment
                     Mark Hurd What did you get?
       +130          14 minutes ago · Like

                     Larry Ellison 20% off on jeans -- great deal!
       +130          13 minutes ago · Like

                     Jonathan Schwartz I’ll have to stop by and see.
       +130          12 minutes ago · Like

                     Sam Palmisano Sounds good. I’ll go after work.
       +130          11 minutes ago · Like

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Social commerce strategy 2011 03-03

  • 1. Social Commerce Strategy David Dorf (@dordav) Sr. Director, Oracle Retail Jon Kubo CIO, Wet Seal
  • 2. users 620,677,320 worldwide The Rest active users log in 50% 43% Top 10 every day 57% friends Canada 16,841,560 130 per user Starbucks 19,598,753 Italy 16,841,560 minutes spent 55 Victoria's Secret 11,462,279 Mexico 17,997,800 ZARA 8,018,164 per day H&M 6,185,169 India 20,221,700 Lacoste 4,532,168 comments 25 France 20,972,580 Burberry 4,069,684 Philippines 22,316,340 Forever 21 4,010,392 per month Walmart 3,314,176 Turkey 25,420,400 Old Navy 1,656,157 United Kingdom Indonesia 28,041,780 34,498,920 JCPenney 1,470,917 9 per month United States 148,867,700 4 per month
  • 3. Brands on Facebook Survey of 2500 Facebook users in the UK, Jan 2011 Q: Why do you follow brands on Facebook? Q: Do you follow any brands on Facebook? Deals Shopping Comments Advocate Events Q: Have you made a purchase via a brand’s Facebook page?
  • 4. Social Commerce Goals 1. Listen – Listen and engage – Continuously improve 2. Attract – Brand awareness – Product promotions 3. Involve – Sense of belonging – Feeling of significance
  • 5. User Generated • Ratings & Reviews • Recommendations • Lists • Forums • Blogs
  • 6. Check-ins Foursquare 2-14-2011 (AdAge)
  • 11. Goals & Tools 1. Listen 1. User Generated – Listen and engage – Continuously improve 2. Check-ins Check- 2. Attract 3. Working the Crowd – Brand awareness – Product promotions 4. Gamification 3. Involve 5. F-commerce F- – Sense of belonging – Feeling of significance 6. Social Shopping
  • 12. Check-in AND Check-out 1. Checkout 2. Publish 3. +Impressions Larry Ellison just bought something from Wet Seal. 15 minutes ago · Like · Comment Mark Hurd What did you get? +130 14 minutes ago · Like Larry Ellison 20% off on jeans -- great deal! +130 13 minutes ago · Like Jonathan Schwartz I’ll have to stop by and see. +130 12 minutes ago · Like Sam Palmisano Sounds good. I’ll go after work. +130 11 minutes ago · Like