beacons and the future of mobile shopping

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Beacons and the Future of Mobile Shopping Retail Marketing Virtual Conference & Expo Live Session July 17, 2014

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On Wednesday, July 17th, 2014 Retail Online Integration presented a one-day virtual event for cross-channel retailer - the Retail Marketing Virtual Conference & Expo (RMV). These slides are from the session "Beacons and the Future of Mobile Shopping" featuring Maya Mikhailov, EVP and Co-Founder of GPShopper, and Ryan Bonifacino, VP of Digital Strategy at Alex and Ani. Many retailers today are experimenting with in-store beacons — i.e., Bluetooth-enabled devices that communicate with shoppers’ smartphones by sending them relevant ads, coupons, product information and more — to bridge the digital and physical shopping worlds. Consumers who opt in to receive such messaging can get great deals and valuable information, while retailers collect all-important customer data. Want to know more about beacon technology, including how it works and how it’s changing the future of mobile shopping? Then listen in to this lively panel discussion featuring retail executives who have implemented beacon programs in their stores. Attendees to this session will learn the following: * what beacon technology is and how it works * how to use beacon technology to improve consumers’ in-store shopping experiences * lessons from retail brands that are currently using the technology * what’s next for beacon technology * so much more!

TRANSCRIPT

Page 1: Beacons and the Future of Mobile Shopping

Beacons and the Future of Mobile Shopping

Retail Marketing Virtual Conference & Expo Live Session July 17, 2014

Page 2: Beacons and the Future of Mobile Shopping

Session Moderator:

Melissa Campanelli Editor in Chief Retail Online Integration

Maya Mikhailov Executive Vice President/Co-Founder

GPShopper

Today’s Speakers

Ryan Bonifacino VP, Digital Strategy

Alex and Ani

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Tips for Attendees

• Technical difficulties? Let us know by using the “Q and A” box, or trouble-shoot by clicking the “Help” widget below

→ Quick tip: Common problems (like loss of sound and/or stall in the slides) can often be fixed by a quick refresh of your browser.

• Have a question for today’s speakers? Submit via the “Q and A” box

• Please disable pop-up blockers

• See what this console can do! Click on the “Tips for Attendees” widget for the complete rundown.

• View this event on-demand from the RMV auditorium for the next three months, starting on Monday, July 21st

Don’t forget to “share” this session! #RMV14

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Maya Mikhailov Executive Vice President/Co-Founder

GPShopper

Please Welcome

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Title Maya Mikhailov, Cofounder GPShopper, Adjunct Professor NYU

A PRIMER ON BEACONS Using Beacons to Create Compelling Marketing Experiences

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About GPShopper + Who we are and what we do

Connecting

with mobile consumers to revolutionize

retail.

$400M transactions

Cloud Based, enterprise-

class mobile platform

• GPShopper is an integrated mobile platform enabling retailers & brands to launch large scale mobile solutions driving loyalty, commerce and engagement.

• Providing an SDK enabling agencies, partners and clients to deploy branded native app solutions.

• Launched an end-to-end beacon solution in 2013 integrating CMS, Reporting and Management to beacon deployment.

Chicago New York Seattle

@gpshopper

@gpshopper

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WHAT ARE BEACONS?

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Bluetooth 4.0 –

Bluetooth Low Energy

Energy (BLE) iOS & Android Compatible

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WHAT IS AN APPLE

iBEACON™?

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+ Who we are and what we do

It’s not hardware… it’s a protocol

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HOW DOES BLE COMPARE TO OTHER LOCATION

TECHNOLOGY?

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• BLE Beacons have explicit opt-in

• BLE are low energy consumption on the device

• Cost of WiFi implementation is much higher

• BLE has more device/hardware support

• BLE Beacons can be configured

• Cost of NFC hardware set-up is much higher

VS

WIFI

aka Never F*ing Coming

NFC

BLE vs. Other Location Tech

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WHY ARE MARKETERS LOSING

THEIR MINDS OVER BEACONS?

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About GPShopper + Who we are and what we do

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Harness the power of the

distracted consumer

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About GPShopper + Who we are and what we do

Bridge the in-store and

digital experience

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About GPShopper + Who we are and what we do

Online data now available for real-world

actions (aka Big Data)

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WHAT ARE 3 MAIN CONCERNS

ABOUT BEACONS?

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PRIVACY SECURITY MANAGEMENT

• What are beacons broadcasting?

• What are beacons reading?

• What if someone learned the beacon ID?

• Is this an opt-in experience?

• What about MAC Address sniffing? Is this PII?

• What info is being collected?

• How do you manage 10, 100, 1000, 10000 beacons?

• What about campaign management across locations?

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WHAT CAN BEACONS BE USED

FOR?

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Fashion Retail CPG / Grocery with Loyalty

Offer in-aisle promotions, recipes and more

Personalize offers based on purchase history or status

Give shoppers exclusive content based on product mix

Beacon Use Case Examples

Or, can be used just as in-store reporting tools

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WHAT DO YOU NEED TO GET

STARTED?

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You need an app for that

Use cases that make sense - provide utility and value

Management plan – one beacon is easy… 1,000 not so much

End-User friendly privacy and opt-out policies

Getting Started

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Please Welcome

Ryan Bonifacino VP, Digital Strategy

Alex and Ani

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Alex and Ani

• Alex and Ani (Ani pronounced – “AH-KNEE”) is a positive energy, lifestyle brand that creates and sells products made in America from eco-conscious, recycled materials designed by Carolyn Rafaelian.

• Alex and Ani embraces a unique business model that incorporates corporate consciousness in all directives. The wellbeing of the environment, the health of local and national economies, and the empowerment of customers are taken into account with every decision made.

• The fastest growing lifestyle brand in the world, with sales per square foot, in its top locations, rivaling those of Apple.

• One of the top 100 recognized job producers in the United States (growing from 23 employees in 2009 to over 1,000 employees currently in 2014).

• Revenue growth of 11,400% - $2 million to $230 million (as of 2013)

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How does Alex and Ani use beacons?

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What are some best practices retailers

should follow around using beacons?

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If you haven’t done so already, please take this time to submit questions to our speakers using

the “Question” box on your console.

Question & Answer Session

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Thank You

Thank you for taking the time to attend this session today!

Want to discuss this presentation with fellow

attendees? Head to the Networking

Lounge to chat with peers!

Remember to check out the other great sessions

on our show agenda!