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Top 10 Lessons from 10 Years of experience
           as European e-Commerce Pioneer



         Carine Moitier, COO & Co-Founder Bivolino.com
                       Managing Director BeCommerce



                                          E-SHOP EXPO - 20.03.13
++ TOP 10 Lessons…
   out of 10 years experience
Source : Ogone – Jan 2012
Lesson #1

THINK BIG,
STAR T SMALL &
STAY FOCUSED.
Lesson #2

e-COMMERCE SHOULD BE
 IN THE HEARTH & SOUL
  OF YOUR COMPANY’s
   CULTURE & VISION.
Lesson #3

THE e-COMMERCE BUSINESS
        IS NOT JUST
   ANOTHER CHANNEL.
Lesson #4

THE e-COMMERCE BUSINESS
       IS BUILT ON
   REPEAT CUSTOMERS.
Customers come…

Customers come back…
• on any given day, 75% of purchases from returning customers
• repeat customers order> 2.5x in the next 12 months.

Customers come back, order more and more often…
• repeat customers have higher average order size
• 111,98€ - first time customer in Q108
• 143,22€ - returning customers in Q108
Lesson #5

WORD OF MOUTH
REALLY WORKS ONLINE.
Consumers are the New Authorities
Then                                    Now
                  “Turns out the contaminated wheat gluten that has
                  sickened and killed so many cats and dogs recently
                  has ended up in quite a few brand names. I finally
                  found a complete list of the affected brands here. I
                  feed my cats --- dry food, and fortunately the dry
                  food was not on the list. The --- wet is, though. Don't
                  assume that your brand is safe. Check the list!”
                  - stynes.blogspot.com, 04/05/07
Lesson #6

CREATE REAL VALUE,
DO NOT COMPETE ON PRICE.
The Business Model Benefits


• engaged customers dedicated to the concept
• No return of goods – less than 4%
• No waste of goods – No stock of goods
• Green planet
2C online Biometric Sizing
Lesson #7

  MAKE SURE YOUR
INVENTORY WEB SITE
 IS 100% ACCURATE.
Lesson #8

CENTRALLY LOCATE
YOUR DISTRIBUTION.
Lesson #9

CUSTOMER SERVICE
     IS AN
  INVESTMENT.

(NOT AN EXPENSE)
What customers first see
• 24/7 1-800 number on every page
• free fast shipping
• free return policy

What customers experience
• fast & accurate fulfillment
• friendly, helpful « above & beyond » customer service
• a personal handwritten complement card

What to do internally
• no call times
• no sales-based performance goal for reps
• 5-week customer service & culture training
Lesson #10

DON’T BE SECRETIVE.

DON’T WORRY ABOUT
COMPETITORS.

JUST DO IT!
Many Thanks!

cmoitier@bivolino.com
Blog : www.cmoitier.com
www.twitter.com/cmoitier

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Woe zaal b 10.30 11.00 carine moitier

  • 1. Top 10 Lessons from 10 Years of experience as European e-Commerce Pioneer Carine Moitier, COO & Co-Founder Bivolino.com Managing Director BeCommerce E-SHOP EXPO - 20.03.13
  • 2. ++ TOP 10 Lessons… out of 10 years experience
  • 3. Source : Ogone – Jan 2012
  • 4.
  • 5. Lesson #1 THINK BIG, STAR T SMALL & STAY FOCUSED.
  • 6. Lesson #2 e-COMMERCE SHOULD BE IN THE HEARTH & SOUL OF YOUR COMPANY’s CULTURE & VISION.
  • 7. Lesson #3 THE e-COMMERCE BUSINESS IS NOT JUST ANOTHER CHANNEL.
  • 8. Lesson #4 THE e-COMMERCE BUSINESS IS BUILT ON REPEAT CUSTOMERS.
  • 9. Customers come… Customers come back… • on any given day, 75% of purchases from returning customers • repeat customers order> 2.5x in the next 12 months. Customers come back, order more and more often… • repeat customers have higher average order size • 111,98€ - first time customer in Q108 • 143,22€ - returning customers in Q108
  • 10. Lesson #5 WORD OF MOUTH REALLY WORKS ONLINE.
  • 11. Consumers are the New Authorities Then Now “Turns out the contaminated wheat gluten that has sickened and killed so many cats and dogs recently has ended up in quite a few brand names. I finally found a complete list of the affected brands here. I feed my cats --- dry food, and fortunately the dry food was not on the list. The --- wet is, though. Don't assume that your brand is safe. Check the list!” - stynes.blogspot.com, 04/05/07
  • 12. Lesson #6 CREATE REAL VALUE, DO NOT COMPETE ON PRICE.
  • 13. The Business Model Benefits • engaged customers dedicated to the concept • No return of goods – less than 4% • No waste of goods – No stock of goods • Green planet
  • 15.
  • 16. Lesson #7 MAKE SURE YOUR INVENTORY WEB SITE IS 100% ACCURATE.
  • 18. Lesson #9 CUSTOMER SERVICE IS AN INVESTMENT. (NOT AN EXPENSE)
  • 19. What customers first see • 24/7 1-800 number on every page • free fast shipping • free return policy What customers experience • fast & accurate fulfillment • friendly, helpful « above & beyond » customer service • a personal handwritten complement card What to do internally • no call times • no sales-based performance goal for reps • 5-week customer service & culture training
  • 20. Lesson #10 DON’T BE SECRETIVE. DON’T WORRY ABOUT COMPETITORS. JUST DO IT!
  • 21. Many Thanks! cmoitier@bivolino.com Blog : www.cmoitier.com www.twitter.com/cmoitier