shop.org 2011 in store mobile
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Owning the Decision Point: The Future of the In-store Mobile Experience
Steen Andersson, 5th Finger
Pete Zophy, Jos. A. Bank Clothiers, Inc.
Tim Katz, Pacific Sunwear
Sheri Gurock, Magic Beans
Owning the Decision Point: The Future of the In-store Mobile Experience
Steen Andersson
5th Finger VP &
Co-Founder
Is This In-Store Mobile?
The AVA in-store iRobot with iPad head
Is This In-Store Mobile?
Is This In-Store Mobile?
Is This In-Store Mobile?
Is This In-Store Mobile?
Is This In-Store Mobile?
In-Store Mobile
In-store mobile is:
Leveraging the power of mobile’s deep consumer relationship to connect with shoppers insidea bricks and mortar location.a bricks and mortar location.
At 5th Finger, we call this:
Bricks and Mobile
The role of In-Store in… Apparel…
In-Store Mobile Is Important
Consumers Are Already Using It
70% of smartphone owners have used their mobile while shopping in-store
-Google Insights, May 2011
• Price Comparisons• Price Comparisons
• Customer Reviews & Ratings
• Stock Checks
• Check-in
• Coupons
• Access Promotions
Price Comparisons Are Happening
Amazon, eBay, RedLaserand others are providing retail customers a mobile solution to research, compare and purchase while in-store.in-store.
49% of smartphone owners have used their mobile to compare prices.-Google Insights, May 2011
Shoppers Prefer Mobile When Seeking Further Product InformationHow 5th Finger retail client customers prefer to find product details while in-store. (app users)
Mobile Shoppers Love Promotions
Percentage of
survey respondents survey respondents
that indicated
mobile app feature
as a high priority
They Are Checking-Out Via Mobile
Demonstration of the Starbucks Card Mobile App on a smart phones at the Capital Gallery Starbucks in Washington, DC. / Garrett Hubbard/USAT(Paying with Starbucks card)
In-store ordering and check-out system via iPad at Specialty’s in San Francisco.
It’s About ConvenienceTarget Makes Shopping Simpler
Tip Customers over
the threshold to
certainty of purchase.
Scan products in-store
and view product
specifications, features
and read reviews.
It’s About EngagementShopkick Uses Achievement to Motivate
A retailer agnostic approach that gamifiesthe shopping experience with offers and deals provided by brands.
The clever sub-audible in-
store location tool provides
the best 'heads up display'
potential in the market
today as someone walks
around the store.
100 million check-ins in the first six months
Korea Is Innovating
Asia- Pacific is AheadPercentage of mobile subscribers accessing mobile web at least monthly
47%
43%
16%
8%
Source: Forrester (June 2011)
22%
12%*
Mobile Will Be…
Your Mobile AssociateBasket expansion
Your WalletConvenience and speed drive purchase
Questions?
Mobile StrategyPete Zophy, DVP of Ecommerce JoS. A. Bank
Our Path to Mobile
Customers
Asked For It
Found A
Partner
Asked For It
Built a
Strategic PlanMobile App!
Goal = to build engagement,
drive foot-traffic & provide
an additional sales channel.
JoS. A. Bank Mobile Site
What we have done
JoS. A. Bank App
Average time
spent in App: 54
seconds
60% of users use
the App 1-2
times per month
What’s Next
• Product Reviews
• Product Details
• Act as an Associate
Mobile Coupons In-store Scanning
Tips/Lessons Learned
• Mobile is the bridge that
connects the Online &
Retail Channels
• How can we maximize
this opportunity
Mobile Retail App Deployment
Tim Katz, Sr. Operations Manager
We are explorers of style, creators of culture,
and instigators of fun.and instigators of fun.
Objectives
• Support brand image
• Leverage current technology
• Efficiently leverage store network
• Easy to manage and update• Easy to manage and update
• Cost effective
• Quick to market
The iPad had to show true ROI and be a tool
our associates would love to use.
• Native App with configurable
content management system
• E-Commerce Powered by existing
Mobile Web site
Features
• Nightly updates for optimal
performance on store network
• Lookbooks, Photos, Videos
The backoffice allows us to communicate with our
associates on a more frequent and personal level
Lookbooks allow us to showcase the
latest trends and upsell outfits.
If a style or color is not available an associate
can look it up and purchase online
QR codes continue the conversation in a
whole new way
• Positive Field Adoption and Response
• Proved Partner Capabilities
• ROI exceeding expectations
Results and Future Plans
400 Store rollout by holiday and all stores by next year
• Listen, learn and improve
Questions?
Mobile Commerce & Magic Beans
What is Magic Beans?
• Founded in 2004
• Sells a combination of toys and baby gear
• 4 Boston-area locations (5th store coming soon)
• mbeans.com website has an international
customer basecustomer base
• Designed for parents by parents
• Has been named Best of Boston by Boston
Magazine 4 out of the last 5 years
Wellesley Store
Why Mobile Commerce at Magic Beans?
• Typical shopper is an early adopter with access to a
smartphone
• Customers are typically more educated about purchases
and more time-sensitive during in-store trips
• Highly-trained staff under-utilized behind traditional POS
• Tech-savvy company culture – have been connecting
with customers via blog & social media for over 5 years
Mobile Strategy Benchmarks
Education
Putting information in the shoppers’ hands
Promotions
Provide dynamic, hyper-individualized up-sell and Provide dynamic, hyper-individualized up-sell and
cross-sell opportunities
Convenience
Skip stressful checkout lines during hectic
shopping periods
The Magic Beans Solution? An App!
Magic Beans Mobile Goal
Empower customers with mobile solution to increase satisfaction increase satisfaction during in-store visits.
Magic Beans App Benefits
• Dynamic mobile application
for iPhone, Android and
BlackBerry
• Scan and interact with • Scan and interact with
products
• Access ratings, reviews and
detailed product information
Magic Beans App Benefits
• Receive relevant promotions
and targeted discounts
• Store account information
and purchase historyand purchase history
• Checkout without having to
wait in line
Magic Beans App Full Feature List
• Product information
• Dynamic cross-
sells/upsells
• Pricing
• Promotions/offers/deals
•Barcode Scanning
•Location awareness
•Advanced digital wallet
•Digital receipts
•Optimized mobile browsing• Promotions/offers/deals
• Coupons
• Multi-channel Checkout
• Account management
• Analytics
• Customizable dashboard
•Optimized mobile browsing
•Maps
•Wish Lists
•Social media
•Rating & reviews feeds
2010 Holiday Results
42% of smartphone owners chose mobile
self-checkout instead of waiting in line at a waiting in line at a
Magic Beans during the holiday season.
2010 Holiday Results
12% of all transactions during the holiday season
were completed were completed through Magic
Beans mobile self-checkout app.
2010 Holiday Results
60% of consumers who scanned a
product with their smartphone purchased
that product.
2010 Holiday Results
Shoppers using the
Magic Beans app
rang up tickets that
averaged 8% more averaged 8% more
than register based
transactions.
The Future of Mobile Commerce
at Magic Beans!Tablet-Assisted Shopping!
Thank you!
Q&A