social mobile retail and contextual commerce

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MIEL VAN OPSTAL | SEPT. 17, 2013 SOCIAL MOBILE RETAIL & CONTEXTUAL E-COMMERCE #smdayBE Academy: Social Retailing

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The story of how social crm and technology can leverage social network activity, customer advocacy and mobile connectivity to deliver a better contextual e-commerce experience. The movie on slide 67 is about Adidas Adiverse Virtual Footwear Wall (http://bit.ly/1guUQ4p) and on slide 72 is Control Group/Titan: Reinventing Payphones With NYC I/O (http://bit.ly/19bqDmY) Keynote for the Social Media Day Academy's Social Retailing congress on Sept.17, 2013 at LeadFabric.

TRANSCRIPT

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MIEL VAN OPSTAL | SEPT. 17, 2013 SOCIAL MOBILE RETAIL & CONTEXTUAL E-COMMERCE

#smdayBE Academy: Social Retailing

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Digest

CRM Social CRMSocial commerceThe social consumerThe interest graphMulti-screeningDigital retailThe connected consumer

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Defining things.

CRM is a company-wide solid business strategy to efficiently increase profitability by solidifying customer satisfaction, customer loyalty and customer advocacy.

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• Sales & marketing automation

• Customer service automation

• Team collaboration

= a good CRM system

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• Business goals • Market position and (audience) analysis• Problems and opportunities• Roadmap• KPIs• Identify Resources• Outline Processes• Implement CRM system

Strategy process

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Resources

People SuppliersTechnologies Knowledge Funds TrainingExecution

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KPIs

Marketing Customer satisfaction Customer retention Social Conversion Sales Service delivery Profit

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How crm evolved into social crm

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Benefits of social crm

Better targeting and content personalizationImprove customer experience Gain more social tractionCollect market insights to refine effectivenessEnhancement of cross- / up-sellIncrease and nurture customer loyaltyFacilitate customer advocacy

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Awareness

Engagement

Social Commerce

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Defining things.

Social Commerce is a subset of e-commercethat involves using social media, online media that supports social interaction and user contributions, to assist in the online buying and selling of products and services.

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http://youtu.be/Ed5vJeaEuzA

2010

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The future of social commerce will happen outside of social networks because the consumer experience has been underwhelming and people are concerned about their privacy and security.TRUST

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Source: CNBC 05/2012

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Source: Mindshare | The Hive 09/2012

F-Commerce trust issues

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Commerce trust progress

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By Ben Chestnut

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Social commerce examples

Earn commission by influencing the online purchases of your friends with mulu.me

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Social commerce examples

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Social commerce examples

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Social commerce examples

Initially Current TV producers found it challenging to get their online community to coalesce behind a single, user-generated concept for the show. But when they provided three of their own story suggestions — including one about a group of friends who open a bar and another about a metaphysical organization that evaluates a people’s lives — the community combined those two ideas into what became “Bar Karma.”

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Social commerce examples

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But: too many products & not enough friends is seen as a problem to create relevance.

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the social customer

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Social NetworksCollective creativity / organizational transparency

Analytics & Big DataDeep insights into consumer patterns

Cloud deliveryEfficiently bringing together value networks

MobileEngaging with everyone, all the time

Fundamental disruptions

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Social signals will become multi-dimensional

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Segmentation by emotion, activity or interest

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Strategic approach

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1. Scarcity and exclusivity mechanicsUsing fans to create desire with earned media amongst non-customers(Heinz, Nutella, Coca-Cola)

2. Social referral programmesCustomers become affilitates and canbe used to acquire new customers(Tesco, Fab)

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3. Leverage social curation“Earned Media” becomes shoppable

the portable e-shop(Zappos + Pinterest, Nike + Tumblr)

4. Leverage Interest Graph data for paid mediaIncrease conversion rate by scalingaudiences using interest-data

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The future of marketing…must be non-interruptive and non-intrusive.It’s tailored, personalized and adjusted to what a consumer has predefined as a preference, or for which the consumer has previously opted in.Marketing will be content.

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Display evolution

First screen: TVSecond screen: desktop PCThird screen: laptopFourth screen: smartphoneFifth screen: tabletSixth screen: custom contextual displays

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Digital Retail

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Digital Retail

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Mobile links offline retail to social

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Digital Retail

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http://www.youtube.com/watch?v=mzUXa6JThVQ Coke Dance

Small World Machines - http://www.youtube.com/watch?v=ts_4vOUDImE

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Share a Smile - http://www.youtube.com/watch?v=DI-IO3kmxVc Yawn Activated - http://www.youtube.com/watch?v=HOTQ8z0fQHo

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Taxi treats.

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we can target adverts based on what our customers bought yesterday.

- Clubcard TV director Scott Deutrom

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If it can’t lead to offline interaction,online communication will be abandoned.

Technology is either a tool to enable offline interaction or it’s an online hinderance

to be hacked, engineered or disposed

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THANKS FOR LISTENING!

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<connect>

+32 472 675 692 | Miel Van Opstal A marketing facilitator for mobile social

[email protected] | @coolz0r | linkedin.com/in/mielvo

Digital Reputation + Future Connectivity

</connect>