SlideShare una empresa de Scribd logo
1 de 8
Descargar para leer sin conexión
www.remodista.com
Mobile Conversion
Madness
Roadblocks, building blocks, and observations
VISIT THE REMODISTA
SANDBOX:
http://bit.ly/1Tqv1b8
www.remodista.com
We live in a mobile world. It doesn’t matter
what country you operate from; it doesn’t
matter if your customers are billionaires or
farmers, or even billionaire farmers. Chances
are good that your company has a way for
your customers to browse, play, rock, and
purchase on the go.
Consumers are no longer limited to their
desktops as the only outlet for meaningful
interactions with brands. People don’t wait
until they get home to make purchases.
Transactions happen in the moment.
Somewhere, right now, someone is shopping
while riding the bus. They are in line at the
store looking for coupons. They’re trading
stock while having a conversation about
daycare. They’re depositing checks into bank
accounts while they stir noodles. One thing is
clear: they’re demanding more from brands.
The stakes are high.
Mobile matters.
“
”Leaps in technology and functionality across
devices has become more flexible than ever.
Retail establishments have felt the pain of
disjoined marketing channels across those
devices. Leadership is being pushed to start
initiating innovative brand strategies that force
technology, marketing, and product
development groups outside of their comfort
zone.
The stakes are high. Mobile matters.
www.remodista.com
With so much at stake and so much
information to process, mobile commerce
can create more questions than answers.
With overall numbers falling short, there are
a lot of questions about where mobile fits into
online commerce -- and retail in general.
Let’s examine the phenomenon of Black
Friday results on mobile as an example.
Findings indicate that consumers wait for
Black Friday to turn into Cyber Monday, and
these sales cannibalize in-store results.
People are actually spending less due to
mobile disruption.
With big data trends bringing new insights
and attribution tracking in a smarter, more
savvy place, the pressure to better
understand the mobile consumer and their
contributions to the retail bottom line is fierce.
Top five challenges brands
face in the mobile market:
•  Expanding global environments
•  Leadership innovation
•  Omni-channel experience
•  Conversion and attribution
•  Personalization
Challenging
brands to
overcome
roadblocks
...the right way.
TOP
5ROADBLOCKS
www.remodista.comwww.remodista.com
Mobile Retail Roadblocks
Roadblock #1:
Global Environments
The mobile market isn’t limited to North
America. Expanding sales plans for global
capacity and global outreach is an issue that
can feel overwhelming for brand leaders. The
bar to entry feels unscalable, and certain
countries impossible to penetrate. Mobile
markets present unique challenges. Waiting
on the sideline of global commerce isn’t going
to make things easier, but it is going to leave
you behind if you don’t embrace it.
TAKE ACTION: Challenge your perceptions
about entry into a global market. Start small,
build out. Interview other companies that have
tackled this hurdle and find out how you can
learn from their experience. If you are
particularly inspired, you might tackle a tough-
to-penetrate country first: China. Everything
will seem easy after that.
Roadblock #2:
Leadership Innovation
Brand marketers fail to include their C-suite
into the larger conversation. Funds are only
part of the equation. Building vision and long-
term buy-in for innovative approaches and
future-facing solutions is key to success in
such a dynamic industry.
TAKE ACTION: We challenge brand leaders
to build a common vocabulary and collective
vision to ensure executives are engaged. You
want them to metaphorically and literally “buy”
in.
www.remodista.comwww.remodista.com
Roadblock #4:
Personalization
Customers expect personalization. Instead of
rehashing another declaration of “this is the
year of mobile,” we should be thinking of this
as the year of personalization. When it comes
to brand success and personalization,
companies are stratified. We’re seeing that
marketing strategy and technology for mobile
is ready for brands to truly deliver relevant
content to individual users.
TAKE ACTION: We exist in a user
landscape that presents the opportunity for
multi-device interactions with your brand.
Start by building a strategy that addresses the
consumer in the funnel with personalized
messages that build brand loyalty and drives
conversion.
Roadblock #3:
Omni-Channel Experience
Connecting consumers with brands across
channels is both a priority and a stumbling
block for organizations that struggle with
delivering the ultimate multi-channel shopping
experience. Communication gaps between
departments and partners create gaps across
customer message delivery. Connecting
customer data between in-store and online
experiences still presents a major challenge,
largely due to site barriers and login
requirements.
TAKE ACTION: It’s time to reimagine teams.
Tackle initiatives that cross all channels and
build cohesion. Rethink systems to reflect a
more complex campaign process. Work to
enable brands to build, track, and attribute
multi-channel, multi-message, multi-device
campaign models.
Mobile Retail Roadblocks (cont.)
www.remodista.comwww.remodista.com
Mobile Retail Roadblocks (continued)
TAKE ACTION: Think bigger. Build business
process with the flexibility to couch and
uncouch information as the mobile landscape
changes. Be consistent with your tagging and
data management so you can segment and
filter by total experience rather than by device.
Have testing and benchmarking strategies
when you start collecting new data, so you
know what success looks like before you have
a large sample size.
Roadblock #5:
Conversion & Attribution
When a mobile user’s average time on site is
in the seconds, it’s no surprise that
conversion rates are low. In many instances,
conversion rates are less than one percent for
most online retailers. When micro-sessions
on your site are the norm, funnel influencers
come from all angles, brands are struggling
with attribution and true conversion rates. And
when it comes to attribution, brands have hit
the motherload of complexity. Proper
attribution modeling is key to understanding
what the impact is between a click-view and a
click-through. This is particularly critical when
thinking about channels like retargeting and
programmatic display.
www.remodista.com
It’s time go beyond “push
and purchase” marketing
and build a personalized
conversation…
“
”VISIT THE REMODISTA
SANDBOX:
http://bit.ly/1Tqv1b8
Get involved!
Are your teams prepared to tackle
these challenges? Learn, grow and
interact with other brand leaders in
our COMMUNITY SANDBOX:
With overall interactions leaning away from
the actual transaction -- and aligning better to
way customers are actually shopping -- there
is a shift in mobile brand strategy happening.
The mobile consumer supercharged the
“what they want, when they want, and how
they want it” mantra by having the power to
buy almost anything with a few touches.
It’s time go beyond “push and purchase”
marketing and build a personalized
conversation with customers. We’re primed
for change, and although most verticals are
profoundly impacted by the ever-marching
change of technology, retail tends to have the
most flexible innovation budgets. This gives
brands an advantage that most organizations
could only dream of: the ability to test,
conclude, and apply their learnings to
maximize sales.
www.remodista.com
ABOUT THE AUTHORS
Our interactive team of experts, work on collaborative
research and analysis, focused on global retail disruption.
We are improving mobile conversion rates with customers
who are seeking seamless a experience on their mobile
device.
REMODISTA FOCUS AREA:
Improving Mobile Conversion Rates
Remodista
RETAIL & MOBILITY DISTILLED
www.remodista.com
Remodista is a think tank examining disruption in global retail.
Our mission is to provide insight, education and innovation to
global brands through collaborative research and analysis.
Collaborative Research Team
Kelly Stickel, President + Chief Networking Officer, Remodista
Kyla Robinson, Mobile Strategist, MAC Cosmetics
Maureen Jann, Director od Marketing, PointIt
Rosalie Sutherland, Mobile Strategist, Remodista
Shawna Hausman, VP eCommerce and Marketing, giggle
Veronika Sonsev, CEO, inSparq

Más contenido relacionado

La actualidad más candente

Omnichannel CE Index 2016 - Retailers Are You Leading Or Lagging
Omnichannel CE Index 2016 - Retailers Are You Leading Or LaggingOmnichannel CE Index 2016 - Retailers Are You Leading Or Lagging
Omnichannel CE Index 2016 - Retailers Are You Leading Or Lagging
Jennifer T. Lee
 
On David Ogilvy, Football, and the Real Meaning of Creative
On David Ogilvy, Football, and the Real Meaning of CreativeOn David Ogilvy, Football, and the Real Meaning of Creative
On David Ogilvy, Football, and the Real Meaning of Creative
Michael Moeder
 
insight-way-forward-aug2011
insight-way-forward-aug2011insight-way-forward-aug2011
insight-way-forward-aug2011
Mohammad Wasim
 
SDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem Demir
SDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem DemirSDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem Demir
SDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem Demir
Service Design Network
 
Classic guide to mobile advertising
Classic guide to mobile advertisingClassic guide to mobile advertising
Classic guide to mobile advertising
Carole Ellouk
 
Best Retail Brands 2011.Sflb.Ashx
Best Retail Brands 2011.Sflb.AshxBest Retail Brands 2011.Sflb.Ashx
Best Retail Brands 2011.Sflb.Ashx
charbat
 
Creating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and AnneCreating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and Anne
iQmetrixCorp
 

La actualidad más candente (19)

Omnichannel CE Index 2016 - Retailers Are You Leading Or Lagging
Omnichannel CE Index 2016 - Retailers Are You Leading Or LaggingOmnichannel CE Index 2016 - Retailers Are You Leading Or Lagging
Omnichannel CE Index 2016 - Retailers Are You Leading Or Lagging
 
On David Ogilvy, Football, and the Real Meaning of Creative
On David Ogilvy, Football, and the Real Meaning of CreativeOn David Ogilvy, Football, and the Real Meaning of Creative
On David Ogilvy, Football, and the Real Meaning of Creative
 
Raymark | Guide: Loyalty and the Luxury Consumer
Raymark | Guide: Loyalty and the Luxury ConsumerRaymark | Guide: Loyalty and the Luxury Consumer
Raymark | Guide: Loyalty and the Luxury Consumer
 
Best Of Metro 2013
Best Of Metro 2013Best Of Metro 2013
Best Of Metro 2013
 
Retail predictions 2014 -
Retail predictions 2014 -Retail predictions 2014 -
Retail predictions 2014 -
 
insight-way-forward-aug2011
insight-way-forward-aug2011insight-way-forward-aug2011
insight-way-forward-aug2011
 
Marketing 0.0
Marketing 0.0Marketing 0.0
Marketing 0.0
 
Evolution of luxury retailers in disruptive Omni-channel world
Evolution of luxury retailers in disruptive Omni-channel worldEvolution of luxury retailers in disruptive Omni-channel world
Evolution of luxury retailers in disruptive Omni-channel world
 
Customer experience why it's important and some starter tips
Customer experience   why it's important and some starter tipsCustomer experience   why it's important and some starter tips
Customer experience why it's important and some starter tips
 
Cars Online Trend Study 2016
Cars Online Trend Study 2016Cars Online Trend Study 2016
Cars Online Trend Study 2016
 
SDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem Demir
SDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem DemirSDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem Demir
SDNC13 -DAY2- Is the Future Omni-Channel by Jonathan Blakeney & Erdem Demir
 
Classic guide to mobile advertising
Classic guide to mobile advertisingClassic guide to mobile advertising
Classic guide to mobile advertising
 
The Paradoxes of Marketing to Connected Customers
The Paradoxes of Marketing to Connected Customers The Paradoxes of Marketing to Connected Customers
The Paradoxes of Marketing to Connected Customers
 
Best Retail Brands 2011.Sflb.Ashx
Best Retail Brands 2011.Sflb.AshxBest Retail Brands 2011.Sflb.Ashx
Best Retail Brands 2011.Sflb.Ashx
 
White Paper
White PaperWhite Paper
White Paper
 
Responding to Changing Customer Needs During Covid-19
Responding to Changing Customer Needs During Covid-19Responding to Changing Customer Needs During Covid-19
Responding to Changing Customer Needs During Covid-19
 
Blessing in disguise
Blessing in disguiseBlessing in disguise
Blessing in disguise
 
omni channel marketing
omni channel marketingomni channel marketing
omni channel marketing
 
Creating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and AnneCreating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and Anne
 

Destacado

Chaîne de valeur
Chaîne de valeurChaîne de valeur
Chaîne de valeur
nicolas_kb
 

Destacado (20)

Recycling
RecyclingRecycling
Recycling
 
Remodista Think Tank - China Commerce 101
Remodista Think Tank - China Commerce 101Remodista Think Tank - China Commerce 101
Remodista Think Tank - China Commerce 101
 
Remodista Think Tank - Improving Mobile Conversion Rates
Remodista Think Tank - Improving Mobile Conversion RatesRemodista Think Tank - Improving Mobile Conversion Rates
Remodista Think Tank - Improving Mobile Conversion Rates
 
Remodista's Breaking Glass Series
Remodista's Breaking Glass Series Remodista's Breaking Glass Series
Remodista's Breaking Glass Series
 
Bricks and Mobile - Engaging In Store Experience the Generates Shopping Excit...
Bricks and Mobile - Engaging In Store Experience the Generates Shopping Excit...Bricks and Mobile - Engaging In Store Experience the Generates Shopping Excit...
Bricks and Mobile - Engaging In Store Experience the Generates Shopping Excit...
 
Remodista RetailSource Paper - A New Chapter in Customer Engagement
Remodista RetailSource Paper - A New Chapter in Customer EngagementRemodista RetailSource Paper - A New Chapter in Customer Engagement
Remodista RetailSource Paper - A New Chapter in Customer Engagement
 
Insight Gained - Chinese Traffic Verticals
Insight Gained - Chinese Traffic VerticalsInsight Gained - Chinese Traffic Verticals
Insight Gained - Chinese Traffic Verticals
 
Remodista + The Girl Scouts = The digital YOU!
Remodista + The Girl Scouts = The digital YOU!Remodista + The Girl Scouts = The digital YOU!
Remodista + The Girl Scouts = The digital YOU!
 
Remodista Think Tank - Global Brand Commerce
Remodista Think Tank - Global Brand CommerceRemodista Think Tank - Global Brand Commerce
Remodista Think Tank - Global Brand Commerce
 
Bricks and Mobile - Engaging the On-the-Go Consumer
Bricks and Mobile - Engaging the On-the-Go ConsumerBricks and Mobile - Engaging the On-the-Go Consumer
Bricks and Mobile - Engaging the On-the-Go Consumer
 
Remodista's The digital YOU!
Remodista's The digital YOU! Remodista's The digital YOU!
Remodista's The digital YOU!
 
Remodista Think Tank - The Chinese Consumer Mosaic 1.0
Remodista Think Tank - The Chinese Consumer Mosaic 1.0Remodista Think Tank - The Chinese Consumer Mosaic 1.0
Remodista Think Tank - The Chinese Consumer Mosaic 1.0
 
Bricks + Mobile 2011 - mCommerce - Why User Experience Matter More With Onlin...
Bricks + Mobile 2011 - mCommerce - Why User Experience Matter More With Onlin...Bricks + Mobile 2011 - mCommerce - Why User Experience Matter More With Onlin...
Bricks + Mobile 2011 - mCommerce - Why User Experience Matter More With Onlin...
 
Politique: Datajournalisme contre innumeracy
Politique: Datajournalisme contre innumeracyPolitique: Datajournalisme contre innumeracy
Politique: Datajournalisme contre innumeracy
 
Chaîne de valeur
Chaîne de valeurChaîne de valeur
Chaîne de valeur
 
Presence en ligne + veille = visibilité + réputation maitrisee
Presence en ligne + veille = visibilité + réputation maitriseePresence en ligne + veille = visibilité + réputation maitrisee
Presence en ligne + veille = visibilité + réputation maitrisee
 
Prêt pour la croissance?
Prêt pour la croissance?Prêt pour la croissance?
Prêt pour la croissance?
 
Cafe Numerique Liege s03e03 - linkedin pour entreprises
Cafe Numerique Liege s03e03 - linkedin pour entreprisesCafe Numerique Liege s03e03 - linkedin pour entreprises
Cafe Numerique Liege s03e03 - linkedin pour entreprises
 
Soutenance de projet
Soutenance de projetSoutenance de projet
Soutenance de projet
 
Quelle place pour la presse à l'heure du Web 2.0?
Quelle place pour la presse à l'heure du Web 2.0?Quelle place pour la presse à l'heure du Web 2.0?
Quelle place pour la presse à l'heure du Web 2.0?
 

Similar a Remodista RetailSource Paper - Mobile Conversion Madness

Branding for small_brands
Branding for small_brandsBranding for small_brands
Branding for small_brands
Rbk Asr
 
Networkone_Shopper Marketing_2015
Networkone_Shopper Marketing_2015Networkone_Shopper Marketing_2015
Networkone_Shopper Marketing_2015
cdonnelly59
 
Acuity Frontline Thinking Issue 4
Acuity Frontline Thinking Issue 4Acuity Frontline Thinking Issue 4
Acuity Frontline Thinking Issue 4
We are Acuity
 
Global leadership and ethical issues in marketing & advertising
Global leadership and ethical issues in marketing & advertisingGlobal leadership and ethical issues in marketing & advertising
Global leadership and ethical issues in marketing & advertising
Christian Adams
 
Top 5-reason-why-your-business-needs-a-mobile-website
Top 5-reason-why-your-business-needs-a-mobile-websiteTop 5-reason-why-your-business-needs-a-mobile-website
Top 5-reason-why-your-business-needs-a-mobile-website
Hector Jayat
 
Business Strategy - Consolidation to disruption - MIKE'S FINAL
Business Strategy - Consolidation to disruption - MIKE'S FINALBusiness Strategy - Consolidation to disruption - MIKE'S FINAL
Business Strategy - Consolidation to disruption - MIKE'S FINAL
Drthomasbrand Limited
 

Similar a Remodista RetailSource Paper - Mobile Conversion Madness (20)

Sales & marketing- marketing to consumers one at a time
Sales & marketing- marketing to consumers one at a timeSales & marketing- marketing to consumers one at a time
Sales & marketing- marketing to consumers one at a time
 
Branding for small_brands
Branding for small_brandsBranding for small_brands
Branding for small_brands
 
51 Types of Marketing Strategies in Use Today
51 Types of Marketing Strategies in Use Today51 Types of Marketing Strategies in Use Today
51 Types of Marketing Strategies in Use Today
 
Understanding the Digital Native
Understanding the Digital NativeUnderstanding the Digital Native
Understanding the Digital Native
 
Networkone_Shopper Marketing_2015
Networkone_Shopper Marketing_2015Networkone_Shopper Marketing_2015
Networkone_Shopper Marketing_2015
 
Multi channel-retailing
Multi channel-retailingMulti channel-retailing
Multi channel-retailing
 
Mobile :: Discover Everything Around Local
Mobile :: Discover Everything Around LocalMobile :: Discover Everything Around Local
Mobile :: Discover Everything Around Local
 
10 DTC Trends Driving Growth In E-Commerce.pdf
10 DTC Trends Driving Growth In E-Commerce.pdf10 DTC Trends Driving Growth In E-Commerce.pdf
10 DTC Trends Driving Growth In E-Commerce.pdf
 
Acuity Frontline Thinking Issue 4
Acuity Frontline Thinking Issue 4Acuity Frontline Thinking Issue 4
Acuity Frontline Thinking Issue 4
 
Top Minds in Mobile 2015
Top Minds in Mobile 2015Top Minds in Mobile 2015
Top Minds in Mobile 2015
 
Top 10 Digital Trends: How India will hack growth in 2016
Top 10 Digital Trends: How India will hack growth in 2016Top 10 Digital Trends: How India will hack growth in 2016
Top 10 Digital Trends: How India will hack growth in 2016
 
Stories that scale
Stories that scaleStories that scale
Stories that scale
 
The Blended Customer Experience
The Blended Customer ExperienceThe Blended Customer Experience
The Blended Customer Experience
 
Mobilecommerceplaybook 150126202507-conversion-gate02
Mobilecommerceplaybook 150126202507-conversion-gate02Mobilecommerceplaybook 150126202507-conversion-gate02
Mobilecommerceplaybook 150126202507-conversion-gate02
 
VeriFone eBook: Mobile Commerce - Challenge or Opportunity?
VeriFone eBook: Mobile Commerce - Challenge or Opportunity?VeriFone eBook: Mobile Commerce - Challenge or Opportunity?
VeriFone eBook: Mobile Commerce - Challenge or Opportunity?
 
Retailing.pdf
Retailing.pdfRetailing.pdf
Retailing.pdf
 
Global leadership and ethical issues in marketing & advertising
Global leadership and ethical issues in marketing & advertisingGlobal leadership and ethical issues in marketing & advertising
Global leadership and ethical issues in marketing & advertising
 
Top 5-reason-why-your-business-needs-a-mobile-website
Top 5-reason-why-your-business-needs-a-mobile-websiteTop 5-reason-why-your-business-needs-a-mobile-website
Top 5-reason-why-your-business-needs-a-mobile-website
 
Business Strategy - Consolidation to disruption - MIKE'S FINAL
Business Strategy - Consolidation to disruption - MIKE'S FINALBusiness Strategy - Consolidation to disruption - MIKE'S FINAL
Business Strategy - Consolidation to disruption - MIKE'S FINAL
 
10 Digital Commerce Trends from the Fashion and Apparel, 2020 Report
10 Digital Commerce Trends from the Fashion and Apparel, 2020 Report10 Digital Commerce Trends from the Fashion and Apparel, 2020 Report
10 Digital Commerce Trends from the Fashion and Apparel, 2020 Report
 

Más de Remodista

Más de Remodista (16)

Remodista Launches Community Study on HALO
Remodista Launches Community Study on HALORemodista Launches Community Study on HALO
Remodista Launches Community Study on HALO
 
Women Influence Chicago - Sponsored by CloudCraze + Valtech
Women Influence Chicago - Sponsored by CloudCraze + ValtechWomen Influence Chicago - Sponsored by CloudCraze + Valtech
Women Influence Chicago - Sponsored by CloudCraze + Valtech
 
Women2Watch in Retail Disruption 2017 Honorees
Women2Watch in Retail Disruption 2017 HonoreesWomen2Watch in Retail Disruption 2017 Honorees
Women2Watch in Retail Disruption 2017 Honorees
 
Women Influence Chicago - Sponsored by CDW
Women Influence Chicago - Sponsored by CDWWomen Influence Chicago - Sponsored by CDW
Women Influence Chicago - Sponsored by CDW
 
Women Influence Chicago - Sponsored by Avionos
Women Influence Chicago - Sponsored by AvionosWomen Influence Chicago - Sponsored by Avionos
Women Influence Chicago - Sponsored by Avionos
 
Remodista RetailSource Paper - Sophisticated CRM Strategies
Remodista RetailSource Paper - Sophisticated CRM StrategiesRemodista RetailSource Paper - Sophisticated CRM Strategies
Remodista RetailSource Paper - Sophisticated CRM Strategies
 
Women Influence Chicago - Kick Off Event
Women Influence Chicago - Kick Off EventWomen Influence Chicago - Kick Off Event
Women Influence Chicago - Kick Off Event
 
Remodista RetailSource Paper - The Seamless Commerce Experience
Remodista RetailSource Paper - The Seamless Commerce ExperienceRemodista RetailSource Paper - The Seamless Commerce Experience
Remodista RetailSource Paper - The Seamless Commerce Experience
 
Remodista Interview Series: The Importance of Women Leaders in Retail Commerce
Remodista Interview Series: The Importance of Women Leaders in Retail Commerce Remodista Interview Series: The Importance of Women Leaders in Retail Commerce
Remodista Interview Series: The Importance of Women Leaders in Retail Commerce
 
洞察未来:2012 蕊沫商道精英会
洞察未来:2012 蕊沫商道精英会  洞察未来:2012 蕊沫商道精英会
洞察未来:2012 蕊沫商道精英会
 
Remodista Leadership Session
Remodista Leadership Session Remodista Leadership Session
Remodista Leadership Session
 
Bricks and Mobile - State of Retail Mobile
Bricks and Mobile - State of Retail MobileBricks and Mobile - State of Retail Mobile
Bricks and Mobile - State of Retail Mobile
 
Bricks and Mobile - Brand in Hand- How Brands Can Influence the Shopping Trip
Bricks and Mobile - Brand in Hand- How Brands Can Influence the Shopping TripBricks and Mobile - Brand in Hand- How Brands Can Influence the Shopping Trip
Bricks and Mobile - Brand in Hand- How Brands Can Influence the Shopping Trip
 
Bricks + Mobile 2011 - How Permission Based Marketing Will Transform Consumer...
Bricks + Mobile 2011 - How Permission Based Marketing Will Transform Consumer...Bricks + Mobile 2011 - How Permission Based Marketing Will Transform Consumer...
Bricks + Mobile 2011 - How Permission Based Marketing Will Transform Consumer...
 
Bricks + Mobile 2011 - Terrified Retailers Take Control
Bricks + Mobile 2011 - Terrified Retailers Take ControlBricks + Mobile 2011 - Terrified Retailers Take Control
Bricks + Mobile 2011 - Terrified Retailers Take Control
 
Bricks + Mobile 2011 - The Ultimate Digital Marketing Combo
Bricks + Mobile 2011 - The Ultimate Digital Marketing ComboBricks + Mobile 2011 - The Ultimate Digital Marketing Combo
Bricks + Mobile 2011 - The Ultimate Digital Marketing Combo
 

Último

Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
AnaAcapella
 

Último (20)

Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxSKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 

Remodista RetailSource Paper - Mobile Conversion Madness

  • 1. www.remodista.com Mobile Conversion Madness Roadblocks, building blocks, and observations VISIT THE REMODISTA SANDBOX: http://bit.ly/1Tqv1b8
  • 2. www.remodista.com We live in a mobile world. It doesn’t matter what country you operate from; it doesn’t matter if your customers are billionaires or farmers, or even billionaire farmers. Chances are good that your company has a way for your customers to browse, play, rock, and purchase on the go. Consumers are no longer limited to their desktops as the only outlet for meaningful interactions with brands. People don’t wait until they get home to make purchases. Transactions happen in the moment. Somewhere, right now, someone is shopping while riding the bus. They are in line at the store looking for coupons. They’re trading stock while having a conversation about daycare. They’re depositing checks into bank accounts while they stir noodles. One thing is clear: they’re demanding more from brands. The stakes are high. Mobile matters. “ ”Leaps in technology and functionality across devices has become more flexible than ever. Retail establishments have felt the pain of disjoined marketing channels across those devices. Leadership is being pushed to start initiating innovative brand strategies that force technology, marketing, and product development groups outside of their comfort zone. The stakes are high. Mobile matters.
  • 3. www.remodista.com With so much at stake and so much information to process, mobile commerce can create more questions than answers. With overall numbers falling short, there are a lot of questions about where mobile fits into online commerce -- and retail in general. Let’s examine the phenomenon of Black Friday results on mobile as an example. Findings indicate that consumers wait for Black Friday to turn into Cyber Monday, and these sales cannibalize in-store results. People are actually spending less due to mobile disruption. With big data trends bringing new insights and attribution tracking in a smarter, more savvy place, the pressure to better understand the mobile consumer and their contributions to the retail bottom line is fierce. Top five challenges brands face in the mobile market: •  Expanding global environments •  Leadership innovation •  Omni-channel experience •  Conversion and attribution •  Personalization Challenging brands to overcome roadblocks ...the right way. TOP 5ROADBLOCKS
  • 4. www.remodista.comwww.remodista.com Mobile Retail Roadblocks Roadblock #1: Global Environments The mobile market isn’t limited to North America. Expanding sales plans for global capacity and global outreach is an issue that can feel overwhelming for brand leaders. The bar to entry feels unscalable, and certain countries impossible to penetrate. Mobile markets present unique challenges. Waiting on the sideline of global commerce isn’t going to make things easier, but it is going to leave you behind if you don’t embrace it. TAKE ACTION: Challenge your perceptions about entry into a global market. Start small, build out. Interview other companies that have tackled this hurdle and find out how you can learn from their experience. If you are particularly inspired, you might tackle a tough- to-penetrate country first: China. Everything will seem easy after that. Roadblock #2: Leadership Innovation Brand marketers fail to include their C-suite into the larger conversation. Funds are only part of the equation. Building vision and long- term buy-in for innovative approaches and future-facing solutions is key to success in such a dynamic industry. TAKE ACTION: We challenge brand leaders to build a common vocabulary and collective vision to ensure executives are engaged. You want them to metaphorically and literally “buy” in.
  • 5. www.remodista.comwww.remodista.com Roadblock #4: Personalization Customers expect personalization. Instead of rehashing another declaration of “this is the year of mobile,” we should be thinking of this as the year of personalization. When it comes to brand success and personalization, companies are stratified. We’re seeing that marketing strategy and technology for mobile is ready for brands to truly deliver relevant content to individual users. TAKE ACTION: We exist in a user landscape that presents the opportunity for multi-device interactions with your brand. Start by building a strategy that addresses the consumer in the funnel with personalized messages that build brand loyalty and drives conversion. Roadblock #3: Omni-Channel Experience Connecting consumers with brands across channels is both a priority and a stumbling block for organizations that struggle with delivering the ultimate multi-channel shopping experience. Communication gaps between departments and partners create gaps across customer message delivery. Connecting customer data between in-store and online experiences still presents a major challenge, largely due to site barriers and login requirements. TAKE ACTION: It’s time to reimagine teams. Tackle initiatives that cross all channels and build cohesion. Rethink systems to reflect a more complex campaign process. Work to enable brands to build, track, and attribute multi-channel, multi-message, multi-device campaign models. Mobile Retail Roadblocks (cont.)
  • 6. www.remodista.comwww.remodista.com Mobile Retail Roadblocks (continued) TAKE ACTION: Think bigger. Build business process with the flexibility to couch and uncouch information as the mobile landscape changes. Be consistent with your tagging and data management so you can segment and filter by total experience rather than by device. Have testing and benchmarking strategies when you start collecting new data, so you know what success looks like before you have a large sample size. Roadblock #5: Conversion & Attribution When a mobile user’s average time on site is in the seconds, it’s no surprise that conversion rates are low. In many instances, conversion rates are less than one percent for most online retailers. When micro-sessions on your site are the norm, funnel influencers come from all angles, brands are struggling with attribution and true conversion rates. And when it comes to attribution, brands have hit the motherload of complexity. Proper attribution modeling is key to understanding what the impact is between a click-view and a click-through. This is particularly critical when thinking about channels like retargeting and programmatic display.
  • 7. www.remodista.com It’s time go beyond “push and purchase” marketing and build a personalized conversation… “ ”VISIT THE REMODISTA SANDBOX: http://bit.ly/1Tqv1b8 Get involved! Are your teams prepared to tackle these challenges? Learn, grow and interact with other brand leaders in our COMMUNITY SANDBOX: With overall interactions leaning away from the actual transaction -- and aligning better to way customers are actually shopping -- there is a shift in mobile brand strategy happening. The mobile consumer supercharged the “what they want, when they want, and how they want it” mantra by having the power to buy almost anything with a few touches. It’s time go beyond “push and purchase” marketing and build a personalized conversation with customers. We’re primed for change, and although most verticals are profoundly impacted by the ever-marching change of technology, retail tends to have the most flexible innovation budgets. This gives brands an advantage that most organizations could only dream of: the ability to test, conclude, and apply their learnings to maximize sales.
  • 8. www.remodista.com ABOUT THE AUTHORS Our interactive team of experts, work on collaborative research and analysis, focused on global retail disruption. We are improving mobile conversion rates with customers who are seeking seamless a experience on their mobile device. REMODISTA FOCUS AREA: Improving Mobile Conversion Rates Remodista RETAIL & MOBILITY DISTILLED www.remodista.com Remodista is a think tank examining disruption in global retail. Our mission is to provide insight, education and innovation to global brands through collaborative research and analysis. Collaborative Research Team Kelly Stickel, President + Chief Networking Officer, Remodista Kyla Robinson, Mobile Strategist, MAC Cosmetics Maureen Jann, Director od Marketing, PointIt Rosalie Sutherland, Mobile Strategist, Remodista Shawna Hausman, VP eCommerce and Marketing, giggle Veronika Sonsev, CEO, inSparq