This is the first of 13 presentations on ecommerce and social media it is part of a course i am giving at McGill University titled Electronic Market Places and social media
This is session #1
6. #
1
In
traffic
in
the
online
jewelry
category
Unique
visitors
1.3
Million
No.
of
registered
customers
1.6
Million
Acquired
Diamond.com
in
2006
3
Friday, November 20, 2009
7. What we have learnt over time…
iConsumer
Group Consumption
Group Production
Individual
Friday, November 20, 2009
8. NB – Dark Ages
Pinny Cave man
Concept
• Learn how to cooperate and work together
• Had to trust each other
• Hunter-gatherers
• Didn’t see the bigger picture, lived in the now, immediate gratification
• Today’s consumer – overnight shipping, want it now, immediate gratification – order online
get it before 9am
5
Friday, November 20, 2009
9. Caveman
NB – Dark Ages
Pinny Cave man
Concept
• Learn how to cooperate and work together
• Had to trust each other
• Hunter-gatherers
• Didn’t see the bigger picture, lived in the now, immediate gratification
• Today’s consumer – overnight shipping, want it now, immediate gratification – order online
get it before 9am
5
Friday, November 20, 2009
10. Team
Work
ConversaJon
Barter
6
Friday, November 20, 2009
11. Team
Work
ConversaJon
Barter
6
Friday, November 20, 2009
12. The Age of
Merchants
7
Friday, November 20, 2009
13. Commerce
Agriculture InnovaJon
Team
Work
ConversaJon
Barter
8
Friday, November 20, 2009
14. Commerce
Agriculture InnovaJon
Team
Work
ConversaJon
Barter
8
Friday, November 20, 2009
33. What are 40% of people
doing while watching TV?
A) Eating popcorn
B) Surfing channels
C) Watching Sex in the City
D) Sleeping
23
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34. Engaging the Consumer in a
Multi-Channel World
What other activities, if any, do you regularly do while watching TV?
77%
69%
60% 59% Total 18-34
52% 51%
43% 43%
40% 40%
36% 36% 35% 37%
1 2 3 4 5 6 7
Web House
Eat Phone Read Sleep Cook
Surfing cleaning
Yahoo! Global Market Research Study, 2006.
Friday, November 20, 2009
35. Engaging the Consumer in a
Multi-Channel World
What other activities, if any, do you regularly do while watching TV?
77%
69%
60% 59% Total 18-34
52% 51%
43% 43%
40% 40%
36% 36% 35% 37%
1 2 3 4 5 6 7
Web House
Eat Phone Read Sleep Cook
Surfing cleaning
Yahoo! Global Market Research Study, 2006.
Friday, November 20, 2009
60. Internet
• Picture of web
44
Friday, November 20, 2009
61. MIT paper on Packet Switches
1961
First SPAM email sent
1978
Tim Berners Lee father the NET
1980
Al Gore coins the phrase "Super High
1990
AOL Launches
1992
US Government sets up ARPA Amazon is created N
1958 1995 20
1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005
45
Friday, November 20, 2009
63. Dot com bust
2000
Yahoo rises %300 Google changes CPC
1996 2002
Google is founded Facebook is opened for all
1998 2006
The term BLog was created Firefox 3.0 launches
1999 2008
2000 2005 2010
47
Friday, November 20, 2009
68. Age Breakdown
Gen Y (18-32)
Gen X (33-44)
4% Young boomers (45-54)
7% Older Boomers (55-63)
Silent Generation (64-72)
30% Geasers (73+)
13%
22%
23%
52
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69. 99% of online population search in a month
53
Friday, November 20, 2009
70. 99% of online population search in a month
73% of online population stream a video
53
Friday, November 20, 2009
71. 99% of online population search in a month
73% of online population stream a video
67% of online population visit a social networking site
53
Friday, November 20, 2009
72. 191 million
U.S. people age 2+ online in a month,
54
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73. But 77% of 841 million
global Internet users now outside of U.S.
Friday, November 20, 2009
78. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
59
Friday, November 20, 2009
79. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
80. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
81. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
82. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
83. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
84. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
85. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
86. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
87. HOW DOES THE NET DIFFER FROM
OTHER CHANNELS
Universal
Availability Global Reach
Standards
Information
Interactivity Personalization
Density
Cost
Social Long Tail
Reduction
59
Friday, November 20, 2009
88. Ecommerce numbers
• Online sales 253 Billion
• %70 of households are online
• 117 million have bought online
• B2B to reach 3.8 trillion
60
Friday, November 20, 2009