content: a brand's best friend (decoded fashion paris)
TRANSCRIPT
eShopper Index® 2015 Content, a Brand's Best Friend Paris - April 8th, 2015
C H R I S T O P H E B I G E T i V e n t u r e s C o n s u l t i n g Partner, eShopper Index Co-creator @cbiget @iVenturesC
Hashtag: #dfmeetup
Content, a brand’s best friend
About iVentures Consulting
iVentures Consulting is a management consulting firm dedicated to Digital Strategy & Transformation and E-Commerce & Omnichannel, founded in 2005 and based in Paris and San Francisco. iVentures Consulting mainly works in the Fashion, Luxury, Cosmetics, Retail, Travel, Media & Entertainment sectors
• Omnichannel & digital audit and strategy definition
• Organization, business planning and road map
• Support to implementation
D I G I T A L B U S I N E S S S T R A T E G Y
• Ranking & Analysis of leading companies’’ E-Commerce performances all along the customer journey
• Deep dive analysis: E-Commerce & Omnichannel performances optimization
R E S E A R C H : E S H O P P E R I N D E X
• Training
• Digital academy
• Reverse mentoring
D I G I T A L S K I L L D E V E L O P M E N T
M A I N C L I E N T S
Fashion & Luxury: Baccarat, Boucheron, Celine, Givenchy, Kering, LVMH Group, Loewe, Moet Hennessy, Vilebrequin Perfumes & Cosmetics: Feelunique.com, Lancôme, L’Oréal Paris, Paco Rabanne, Puig, Sephora, Yves Rocher Retail: Carrefour, Fnac, Truffaut Travel & Transport: Ada, Aéroport de Paris, Air France, Liligo.com. Voyages-sncf.com, SNCF Media & Entertainment: AFP, Curse.com, IsCool Entertainment, Le Monde, Micromania/ Gamestop Others: AGF, Alstom, Areva, BNP Paribas, EDF, GMF, Icade, Groupama, Saint Gobain, Suez, Total
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What is the E-Shopper Index? The E-Commerce reference Index based on the eShopper journey
Analyze and rank performances all along the customer journey (before, during and after purchase). 1
Cover 14 sub-steps of the customer journey through over 250 criteria. 2
Provide cross sector comparisons through over 111 American and European companies. 3
Identify best practices on all these sub-steps including online marketing and omnichannel. 4
ANALYZED CHANNELS
Website Mobile
Customer service Social platforms
THE ONLY INTERNATIONAL INDEX TO:
Omnichannel Online marketing
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An analysis all along the customer journey 250 criteria for 14 sub-steps: before, during and after the purchase
Social media Mobile User Interface Content marketing
Product page
Omnichannel Sales funnel Customer service Newsletter
Customer account
Communication emails
Delivery & package
Return & refund
Online marketing & personalization
BEFORE PURCHASE
DURING PURCHASE
AFTER PURCHASE
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For each analyzed player: • We order several products and then send them back. • We contact customer service through each possible channel (phone, mail, chat, click to call and social platforms). • We analyze the customer journey through 250 criteria along 14 sub-steps.
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Breakdown of the 111 players Strong focus on Fashion, Luxury and Perfumes & Cosmetics sectors
40%
19% 18%
14%
10% Others*
Multi-sector
Perfumes & Cosmetics
Luxury
Fashion
* Other sectors: Electronics, Books, Toys, Design & Furniture ©iVentures Consulting 2015 6
Top 20 Retailers are the winners. Brick & Clicks take their revenge
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Retailers tend to confirm their strengths over brands: • All top 5 players are retailers (while there were 4
retailers and 1 brand in the 2014 eShopper Index ranking).
• 80% of the top 20 players are retailers (Vs. 48% of the total analyzed players). Only 20% of the top 20 players are brands. This 80/20 ratio was also observed in 2014.
Bricks and clicks tend to catch up over pure players: • 3 players in the top 5 are bricks & clicks (Only 1
brick & click in 2014). Zalando and Amazon (pure players) have left the Top 5.
• 65% of the top 20 players are bricks and clicks, 35% are pure players.
WHAT THE TOP 20 TELLS US
Fashion ranking 60% of the top 10 players are pure players
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Fashion ranking 60% of the top 10 players are pure players
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Luxury ranking Among the top 10 players, 4 US and 4 UK companies
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Luxury ranking
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Among the top 10 players, 4 US, 4 UK, 1 French companies
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Perfumes & Cosmetics ranking Among the top 10, 30% US companies , 70% French companies
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Perfumes & Cosmetics ranking
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Among the top 10, 30% US companies , 70% French companies
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Content marketing is one of the key emerging trends in the eShopper Index 2015
• Content marketing allows fashion, luxury and cosmetic brands to truly connect with their customers by:
- inspiring them - informing them - guiding them to buy products
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• Content marketing is key to: - increase brand awareness - engage consumers - generate eShop traffic & increase
conversion rate - reinforce customer loyalty &
satisfaction
Content marketing is one of the key emerging trends in the eShopper Index 2015
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• Content marketing has to: - be related to brand’s DNA - be consistent with brand’s online
physical and online communication as well as merchandising
- stage and tell a story about products and collections
- make products, collections or looks shoppable
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Editorial & Tips section(s)
Magazine & blog
Content marketing is one of the key emerging trends in the eShopper Index 2015
Inspirational images
Inspirational images
91% 86%
40%
0%
20%
40%
60%
80%
100%
Fashion Luxury Perfumes & cosmetics
INSPIRATIONAL ACTIVITY ON E-COMMERCE SITE
Inspirational images creation (lifestyle, campaign, still life etc.) is a priority in Luxury and Fashion sectors to present and stage products and collections on home page and landing pages of E-Commerce sites
Source: eShopper Index 2015
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Inspirational images Best practices
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Inspirational images
• Content: staged product, highlighted looks • Style: lifestyle, still life, campaign… • Media: photos and videos • Means: story telling, “shoppable” products, collections and
looks …
Best practices
Inspirational images Instagram & Pinterest are the best social platforms for Inspirational
95% 90%
80%
60%
80%
100%
Fashion Luxury Perfumes & cosmetics
BRAND’S INPIRATIONAL ACTIVITY ON INSTAGRAM
Source: eShopper Index 2015
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Inspirational images Instagram & Pinterest are the best social platforms for Inspirational
86% 67% 60%
0% 20% 40% 60% 80%
100%
Fashion Luxury Perfumes & cosmetics
BRAND’S INSPIRATIONAL ACTIVITY ON PINTEREST
Source: eShopper Index 2015
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Editorial & Tips section(s)
57%
33%
75%
0%
20%
40%
60%
80%
Fashion Luxury Perfumes & cosmetics
EDITORIAL & TIPS SECTION(S) ON E-COMMERCE SITE
Perfumes & Cosmetics tend to prefer beauty tips & tricks sections on E-Commerce sites
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Editorial & Tips section(s) Best practices
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Editorial & Tips section(s) Best practices
• Content: tips & tricks, tutorials, looks, new products/ new designers, editor’s picks, consultation module …
• Media: articles, photos and videos • Means: story telling, “shoppable” products, collection and
looks …
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Magazine or blog
64% 62%
55%
40%
60%
80%
Fashion Luxury Perfumes & cosmetics
MAGAZINE ON E-COMMERCE SITE OR BLOG
Brand online magazine or blog is becoming a priority in Luxury and Fashion sectors. They are more and more embedded on the site
Source: eShopper Index 2015
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Magazine or blog Best practices
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Magazine or blog Best practices
• Content: tips & tricks, tutorials, looks, trends, new products/ new designers, editor’s picks, reports, fashion show, behind the scene, interviews, archives ...
• Media: articles, photos and videos • Means: story telling, “shoppable” products, collections and
looks, shoppable magazine …
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Summary
Inspirational image
• Content: staged product, highlighted looks • Style: lifestyle, still life, campaign… • Media: photos and videos • Means: story telling, “shoppable” products, collections and looks …
Editorial & Tips section(s)
• Content: tips & tricks, tutorials, looks, new products/ new designers, editor’s picks, consultation module …
• Media: articles, photos and videos • Means: story telling, “shoppable” products, collections and looks …
Magazine & blog
• Content: tips & tricks, tutorials, looks, trends, new products/ new designers, editor’s picks, reports, fashion show, behind the scene, interviews, archives ...
• Media: articles, photos and videos • Means: story telling, “shoppable” products, collections and looks,
shoppable magazine …
THANK YOU
www.iventures-consulting.com/eshopper-index [email protected]
To learn more about the eShopper Index
©iVentures Consulting 2015
C O N T A C T U S [email protected]
www.iventures-consulting.com/eshopper-index | www.facebook.com/IventuresConsulting | @iVenturesC
Paris
Christophe Biget Partner
+33 (0)1 70 08 06 60 @cbiget
7/11 rue de l’Yvette
75016 Paris
Aurelia Ammour Partner
+1 (415) 315-9654 @aammour
1714 Lombard Street
San Francisco CA 94123
San Francisco
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