reaching diverse populations across europe with a retail proposition
TRANSCRIPT
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The InternetRetailing Europe Top500
Reaching diverse populations across Europe with a retail proposition
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InternetRetailingMagazine, news, research, and eventstwitter: @etail
email: [email protected]
internetretailing.net/subscribe – newsletter or magazine/iruk – UK Top500 (IRUK 500)/ireu – Europe Top500 (IREU 500)
Martin Shaw, head of researchtwitter: @etail_martin
email: [email protected]
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The Question
• Top500 overview
• Where they operate
• Language localisation
• Product display and
merchandising
How does one reach the diverse populations across Europe with a retail proposition?
• Email communication
• Customer service
• Omnichannel retail
• Servicing the order
• Innovation and the future
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The Europe Top500 in a Nutshell
• Membership: The largest 500
• A performance index: “Retailcraft”
• Six areas or “dimensions”
• Seven reports (different topics) per year
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“Footprint” Size
❖ Retail revenue – average €2.1 billion
❖ Ecommerce revenue – average €323 million
❖ Pageviews per annum – average 700 million
❖ Physical locations (stores) – average 400
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The Largest 50 in Europe
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The Largest 100 in Europe
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The Largest Market
Percentage of the Top500 for which this country is the largest Footprint market
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Where They Trade
Percentage of the Top500 operating in this country
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The UK Top500 in the Single Market
The number of UK Top500 retailers with a significant presence (> €1m revenue p.a.) in this country
France 68
Germany 60
Spain 48
Italy 47
The Netherlands 46
Belgium 41
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Market CompetitivenessAustria 1
Netherlands 2Germany 3
United Kingdom 4Italy 5
Belgium 6Greece 7
Norway 8Sweden 9
Denmark 10Switzerland 11
France 12
Spain 13Finland 14Poland 15
Slovakia 16Czech Republic 17Ireland (Rep.) 18
Latvia 19Hungary 20Portugal 21
Luxembourg 22Romania 23
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Distribution: Multichannel vs. Online-only
Multichannel Online-only
Number in the Top500 415 85
Fraction with significant* trade in five or more member states
12% 13%
*Ecommerce revenue > €100,000 p.a.
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The Largest 50 – Online-only Emboldened
Albert Heijn Deichmann JYSK Pull & BearAmazon Douglas Kik Rossman
Apple E.Leclerc Leroy Merlin Sainsbury’sArgos Eroski Lidl ScrewfixAsda Euronics M&S Spar
Auchan Expert Mango SportsDirect.comA.S. Adventure F&F Media Markt Tchibo
Bershka George at Asda Next TescoBoots H&M Nike TK MaxxC&A Iceland Otto United Colors of Benetton
Carrefour IKEA Pandora Yves RocherCoop IKKS Post Office Shop Zara
Decathlon Intersport
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Most-trafficked Ecommerce Website for This Country (Online-only Emboldened)
Austria amazon.de*Belgium ebay.be*Bulgaria remix.bg
Switzerland zalando.chCyprus ikea.com.cy
Czech Republic alza.cz*Germany ebay.de*Denmark ikea.comEstonia euronics.ee*Spain amazon.es*
Finland hm.comFrance amazon.fr*
United Kingdom ebay.co.uk*Greece e-shop.gr*Croatia ikea.com
*marketplace retailers
Hungary hm.comRepublic of Ireland ebay.ie*
Iceland ikea.isItaly ebay.it*
Lithuania ikea.comLuxembourg zara.com
Latvia avon.lvMalta lidl.com.mt
Netherlands bol.comNorway komplett.noPoland allegro.pl*
Portugal fnac.ptRomania emag.ro*Sweden tradera.com*Slovenia mimovrste.com*Slovakia alza.sk*
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Where and When Does Language Localisation Matter?
❖ 37 official languages in the EEA
❖ 310 (67%) of the Top500 trade in just one language
❖ 100 (20%) trade in at least four languages
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Share of Localised Websites in a Non-Local Language
Non-local Language ShareFinland 38%
Denmark 29%Iceland 25%Sweden 23%Norway 22%
Czech Republic 20%Poland 20%
Germany 12%France 11%
United Kingdom 1%
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Email’s Role
❖ Primary communication channel with customers
❖ Mostly on mobile devices
❖ Powerful with segmentation
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Email Communication Study
❖ Emails from 25 retailers
❖ Panellists (consumers) in three countries
❖ Two months in early 2016
❖ 900,000 emails measured
internetretailing.net/ireu Study was run in collaboration with ReturnPath
-2.8%
29.9%
3.7%
-9.3%
2.8%
-5.6%-11.2%
-33.9%
2.2%
-17.2%
5.6%
1.7%
2.8% 1.7%
11.3%
-2.3%
6.1%
-4.2%
5.2%
-7.5%
-9.4%
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
Email Open Rates: Day of the Week Sent(difference from the average)
Germany France United Kingdom
internetretailing.net/ireu Study was run in collaboration with ReturnPath
-1.9%
4.7%
-3.7%
13.1%14.4%
-1.7%
0.6%
-10.0%
1.9%
10.8%
-5.6% -6.1%
Pre-dawn (00:00-06:00) Morning (06:00-12:00) Afternoon (12:00-18:00) Night (18:00-24:00)
Email Open Rates: Time of the Day Sent(difference from the average)
Germany France United Kingdom
internetretailing.net/ireu Study was run in collaboration with ReturnPath
-6.5%
3.9% 5.6%
0.0%2.8%
0.0%0.9%
-8.3% -7.5%
Germany France United Kingdom
Email Open Rates: Use of Capitalisation(difference from the average)
Low Medium High
internetretailing.net/ireu Study was run in collaboration with ReturnPath
4.5% 5.0%
10.3%6.5%
-3.3%-6.1%
-9.3% -8.9%
-26.8%
Germany France United Kingdom
Email Open Rates: Length of Subject Line(difference from the average)
Short Medium Long
internetretailing.net/ireu Study was run in collaboration with ReturnPath
0.0% 0.0% 0.5%
-5.6%
0.0%
-3.3%
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%Germany France United Kingdom
Email Open Rates: Using a Question(difference from the average)
No question Question
internetretailing.net/ireu Study was run in collaboration with ReturnPath
-0.9%
-5.6%
1.4%
3.7% 3.3%
-4.7%-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%Germany France United Kingdom
Email Open Rates: Using an Exclamation(difference from the average)
No exclamation Exclamation
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Customer Service Response Times
(Email and Facebook)
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Channels to the CustomerMost-prevalent in this country % of IREU 500 to offer the channel
Facebook Belgium 100%
Twitter Netherlands 100%
YouTube Poland 54%
Instagram Netherlands 38%
Google+ Italy 37%
Pinterest Netherlands 29%
Live Chat Sweden 14%
Email (not including submission form)
United Kingdom 11%
Blog United Kingdom 8%
LinkedIn Portugal 6%
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Omnichannel Retail
❖ 32% of multichannel retailers in the Top500 offer return-to-store for ecommerce orders
❖ 52% of the Top500 offer click and collect
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Knowing the Customer
❖ Personalising the shopping experience
❖ Identifying trends
❖ Predicting demand
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Servicing the Order
❖ Delivering what was promised
❖ Adapting to the growing share of sales from ecommerce
❖ Innovating in line with customer expectations
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The Fastest ‘Standard’ Delivery
The Top500’s average ‘standard’ delivery time in a country, in business days. Countries where fewer than 30 operate are not listed.
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Countries with Highest Average Number of Fulfilment Options
United KingdomFrance
NorwayCzech Republic
SpainBelgiumGreece
GermanyItaly
Denmark
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Avoiding Logistics Pitfalls
❖ Keep all parts of the business aware of the others activities and capabilities, resulting in over-selling, under-delivering, and missed opportunities
❖ Market only what can be delivered
❖ Identify bottle necks
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Back to the Question
❖ Adaptability and experimentation
❖ Full multichannel – single view of customer and stock
To reach the diverse populations across Europe with a retail proposition:
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Trends
❖ Expanded role for ecommerce ‘gate-keepers’
❖ Programmatic commerce
❖ Automation
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Continuing Research
❖ Predictive Index
❖ Changing retail proposition
❖ Year-on-year change
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The InternetRetailing Europe Top500
Reaching diverse populations across Europe with a retail proposition