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Social Commerce Expert




Social Commerce
Consumers Changing Their Buying Habits
Mobile Platform
Embedded Store
 F-Commerce

                               Making shopping social


                                                                Per-to-Peer
                                                             Discount Sharing


Affiliate Network



                                                          GroupBuy & Flash Sale


Refer A Friend
                                              SocialHub
                    Facebook Connect



Ratings & Review
THE BIG NEWS

                                 &

      Influence Search Rankings
Google: YES, we do use it as a signal. It is used as a signal in our
organic and news ranking. We also use it to enhance our news
universally, by marking how many people share an article

Google: We treat links shared on Facebook FAN pages the same
way we treat tweeted links. We have NO personal wall data from
Facebook


          What we TWEET matters and what
                we SHARE matters
Why is Social Media
           Important for e-commerce?
 Social Media is about the importance of customers.

 It empowers Brands and Retailers to make meaningful
  change to better serve your customer and build loyalty.

 You get honest feedback to build solutions that better
  meet the customers needs.

 Understand the wants and needs of the customer, let
  them tell you.
So why are people really on Social Networks?
 Shoppers trust recommendations 3x more than online ads
 23% of Twitter users follow businesses to find special
   promotions or sales
 56% of UK website say that user-generated content lifts
  conversion levels; 77% say it increases traffic; and 42%
  say it increases the average spend
 25% of customers connect with brands on Facebook to
   receive discounts
 More than 50% of Facebook fans and 67% of Twitters users
  are more likely to make a purchase from the brands they
  follow
 Facebook and Twitter visitors spend 1.5x more online that
  other Internet users
Four Step Process
                       Four step process for Social Commerce Selection


Business Goals         Measurement            Tactics                 Tools

Increase sales         Leads                  More prospects          Blog – Content is King
Generate leads         Media mentions         Media relations         Ratings & Review
Thought leadership     Speak opportunity      Educate customer        Video
Product Launch         Customer               Channel partners        Facebook Fan Page
Test Ideas             Satisfaction           Move customer           Applications
Create Channels        Time To market         service online          Community
Reduce Support         Positive sentiment     Trade associations      Twitter
Counter Feedback       Service calls          Advertise               E-Commerce


                     If your strategy is stand alone it will fall alone
                       Integration with e-commerce, Social Media,
                           PR and Marketing activities are KEY
f-commerce
                                     TV & Music Facebook Stores

Dexter f-store                                   Lady Gaga f-store
Viral ‘wall store’ that can be shared by users   The most popular f-commerce page 31m+ fans




                            Prediction: Social Commerce market will
                               reach $30 billion per year by 2015
f-commerce
                                     EU Big Brand Facebook Stores


Volkswagen (Skoda Fabia) f-store                         Holiday Autos (Travelocity) f-store
1st Dutch auction f-store                                       1st f-store for car rentals
(every ‘like’ price drops by 1€, until someone buys)
f-commerce
                                         UK Retail Facebook Stores
ASOS f-store                                               Cheeky Beach f-store
UK e-tailer opens up a full f-store                        SME opens up a full f-store
International Delivery                                     Integrated with CMS




 Every time a user posted on their news feed that they bought a ticket from
 TicketMaster, friends spent an additional $5.30.
 At Eventbrite, a social site for selling tickets to lesser known events, every
 link shared on Facebook generated $2.52 in ticket sales.
Beyond Facebook
Amazon                                       TripAdvisor
The largest e-tailer integrates Facebook     Integrates with Facebook to offer instant personalisation
                                             and allow users to connect with Facebook contacts on-site




                                           SME
                                           Integrates Facebook
                                           Connect
                                           Share
                                           Like
In-store f-commerce
Diesel Cam
Facebook-connected fitting rooms in Diesel stores in Spain
YouTique




30% off all the video views (more than 6.3 million) on my main
   YouTube channel come from search or organic referrals
Polyvore is the best place to discover or start fashion trends



                                                          140 Views
                                                           49 Likes
Shop With Your Friends




Touch Screen In-Store
GroupBuy & FlashSale




                                                                      Reported $760m revenue in 2010
                                                                      14m UK subscribers
                                                                      Active in 565 cities
                                                                      4000 employees
                                                                      Save customers over $300 Million
                                                                      27 Million visits per month
                                                                      14.7 Unique visitors per month


Biggest Day For Sales in 3 Years    Twitter = 3 Sales in 21 mins
The Next Global Currency?

                                    Gift Cards




  Currently $1 = 10 Facebook credits
Facebook takes a 30% cut of developers’ revenue
Social Media + Internet Retailing
                  Top Tips to Takeaway
Online + Offline Integration – DIGITAL FIRST
Incorporate Social Media into your PR, email, direct mailing & advertising

Tracking Social Media ROI
Utilise Google Analytics and tools like Hootsuite, BrandWatch to test and track

GroupBuy & Flash Sales
Expand your brand buy utilising crowdsourcing

Social Commerce
Let consumers connect where they buy and buy where they connect

Mobile Commerce
Make sure your website is mobile compatible use HTML 5 instead of apps

SEO
Create your online voice and communication around your keywords

Video
YouTube is the second largest search engine in the English-speaking world.
Social Media + Internet Retailing
Training - Mentoring - Consultancy



Tell us         Warren Knight
                www.warrenknight.co.uk


 What           Warren Knight
                e: warren@warrenknight.co.uk
                t: @wvrknight
   You          Gloople – Making Shopping Social

 Think          www.gloople.co.uk
                t: @gloople

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Social Commerce Expert Shares Insights on Emerging Trends

  • 1. Social Commerce Expert Social Commerce Consumers Changing Their Buying Habits
  • 2.
  • 3. Mobile Platform Embedded Store F-Commerce Making shopping social Per-to-Peer Discount Sharing Affiliate Network GroupBuy & Flash Sale Refer A Friend SocialHub Facebook Connect Ratings & Review
  • 4.
  • 5.
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  • 7. THE BIG NEWS & Influence Search Rankings Google: YES, we do use it as a signal. It is used as a signal in our organic and news ranking. We also use it to enhance our news universally, by marking how many people share an article Google: We treat links shared on Facebook FAN pages the same way we treat tweeted links. We have NO personal wall data from Facebook What we TWEET matters and what we SHARE matters
  • 8. Why is Social Media Important for e-commerce?  Social Media is about the importance of customers.  It empowers Brands and Retailers to make meaningful change to better serve your customer and build loyalty.  You get honest feedback to build solutions that better meet the customers needs.  Understand the wants and needs of the customer, let them tell you.
  • 9. So why are people really on Social Networks?  Shoppers trust recommendations 3x more than online ads  23% of Twitter users follow businesses to find special promotions or sales  56% of UK website say that user-generated content lifts conversion levels; 77% say it increases traffic; and 42% say it increases the average spend  25% of customers connect with brands on Facebook to receive discounts  More than 50% of Facebook fans and 67% of Twitters users are more likely to make a purchase from the brands they follow  Facebook and Twitter visitors spend 1.5x more online that other Internet users
  • 10. Four Step Process Four step process for Social Commerce Selection Business Goals Measurement Tactics Tools Increase sales Leads More prospects Blog – Content is King Generate leads Media mentions Media relations Ratings & Review Thought leadership Speak opportunity Educate customer Video Product Launch Customer Channel partners Facebook Fan Page Test Ideas Satisfaction Move customer Applications Create Channels Time To market service online Community Reduce Support Positive sentiment Trade associations Twitter Counter Feedback Service calls Advertise E-Commerce If your strategy is stand alone it will fall alone Integration with e-commerce, Social Media, PR and Marketing activities are KEY
  • 11. f-commerce TV & Music Facebook Stores Dexter f-store Lady Gaga f-store Viral ‘wall store’ that can be shared by users The most popular f-commerce page 31m+ fans Prediction: Social Commerce market will reach $30 billion per year by 2015
  • 12. f-commerce EU Big Brand Facebook Stores Volkswagen (Skoda Fabia) f-store Holiday Autos (Travelocity) f-store 1st Dutch auction f-store 1st f-store for car rentals (every ‘like’ price drops by 1€, until someone buys)
  • 13. f-commerce UK Retail Facebook Stores ASOS f-store Cheeky Beach f-store UK e-tailer opens up a full f-store SME opens up a full f-store International Delivery Integrated with CMS Every time a user posted on their news feed that they bought a ticket from TicketMaster, friends spent an additional $5.30. At Eventbrite, a social site for selling tickets to lesser known events, every link shared on Facebook generated $2.52 in ticket sales.
  • 14.
  • 15. Beyond Facebook Amazon TripAdvisor The largest e-tailer integrates Facebook Integrates with Facebook to offer instant personalisation and allow users to connect with Facebook contacts on-site SME Integrates Facebook Connect Share Like
  • 16. In-store f-commerce Diesel Cam Facebook-connected fitting rooms in Diesel stores in Spain
  • 17. YouTique 30% off all the video views (more than 6.3 million) on my main YouTube channel come from search or organic referrals
  • 18. Polyvore is the best place to discover or start fashion trends 140 Views 49 Likes
  • 19. Shop With Your Friends Touch Screen In-Store
  • 20. GroupBuy & FlashSale  Reported $760m revenue in 2010  14m UK subscribers  Active in 565 cities  4000 employees  Save customers over $300 Million  27 Million visits per month  14.7 Unique visitors per month Biggest Day For Sales in 3 Years Twitter = 3 Sales in 21 mins
  • 21. The Next Global Currency? Gift Cards Currently $1 = 10 Facebook credits Facebook takes a 30% cut of developers’ revenue
  • 22. Social Media + Internet Retailing Top Tips to Takeaway Online + Offline Integration – DIGITAL FIRST Incorporate Social Media into your PR, email, direct mailing & advertising Tracking Social Media ROI Utilise Google Analytics and tools like Hootsuite, BrandWatch to test and track GroupBuy & Flash Sales Expand your brand buy utilising crowdsourcing Social Commerce Let consumers connect where they buy and buy where they connect Mobile Commerce Make sure your website is mobile compatible use HTML 5 instead of apps SEO Create your online voice and communication around your keywords Video YouTube is the second largest search engine in the English-speaking world.
  • 23. Social Media + Internet Retailing Training - Mentoring - Consultancy Tell us Warren Knight www.warrenknight.co.uk What Warren Knight e: warren@warrenknight.co.uk t: @wvrknight You Gloople – Making Shopping Social Think www.gloople.co.uk t: @gloople