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“ The way I like to put it is, the answer should always be mobile first”. Eric Schmidt, Chairman, Google. “ If I had to guess, social commerce is the next area to really blow up”. Mark Zuckerberg, founder, Facebook.
The “four pillars” of Online Commerce Mail Order/Telephone Order eCommerce Mobile Commerce Social Commerce
 
No one channel is going to “win” It is the customer who chooses  their  most convenient channel at each stage
No one channel is going to “win” It is the customer who chooses  their  most convenient channel at each stage “ The key attraction of online commerce (for 80% of consumers) is the ability to shop ‘whenever I want’ ” "Consumers are consolidating their spending with their favourite multi-channel retailers - meaning being a 'favourite brand' will become increasingly important, and that those without multi-channel propositions may well lose out,“   Retail Strategy Report, PwC April 2011
The Multi Channel Paradox From the customer’s perspective, multichannel is about  simplifying  their interaction with the merchant; allowing them to interact  when  they want, via the  channel  they want, seamlessly.
The Multi Channel Paradox From the customer’s perspective, multichannel is about  simplifying  their interaction with the merchant; allowing them to interact  when  they want, via the  channel  they want, seamlessly. This may increase the  complexity  for the retailer.
The Multi Channel Paradox From the customer’s perspective, multichannel is about  simplifying  their interaction with the merchant; allowing them to interact  when  they want, via the  channel  they want, seamlessly. This may increase the  complexity  for the retailer. It is important to view multichannel from the customer’s perspective, and not to implement the solutions that are simplest for the retailer.
What’s in a name? An aside on terminology....
What’s in a name? An aside on terminology....
What’s in a name? An aside on terminology....
What’s in a name? An aside on terminology.... Increasing ambiguity....
What’s in a name? An aside on terminology.... Increasing ambiguity....
What’s in a name? An aside on terminology.... Increasing ambiguity....
What’s in a name? An aside on terminology.... Increasing ambiguity.... To retailers – it’s all commerce!
2010 – “The Year of the Mobile” How often have we heard this before?
2010 – “The Year of the Mobile” How often have we heard this before?
2010 – “The Year of the Mobile” How often have we heard this before?
2010 – “The Year of the Mobile” How often have we heard this before?
2010 – “The Year of the Mobile” How often have we heard this before?
2010 – “The Year of the Mobile” How often have we heard this before?
2010 – “The Year of the Mobile” How often have we heard this before?
2010 – “The Year of the Mobile” How often have we heard this before?
Putting “commerce” into “mCommerce” – an iPhone example ,[object Object],[object Object],[object Object],[object Object]
Putting “commerce” into “mCommerce” – an iPhone example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Putting “commerce” into “mCommerce” – an iPhone example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
In fact, here’s one I prepared earlier:
 
 
 
 
 
 
 
What will Steve do?
What will Steve do? ,[object Object],[object Object],[object Object],[object Object],[object Object]
What will Steve do? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What will Steve do? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2011 – “The Year of Social” Which social networks to focus on? All the building blocks are currently in place. Retailers are setting up shop & selling on Facebook - some on an exclusive basis - but normally as one element of a multi-channel approach What are the factors that make sCommerce appropriate to your mix? - B2C, not B2B - age of customers - .... Social Commerce can learn from the “metaphors” that have developed over the last 15 years of eCommerce, and more recently in mCommerce
Social Commerce – Here’s one I prepared earlier
 
 
 
 
 
 
 
Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you.
Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you. Think from the customers perspective, not the retailers – make it simple for them.
Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you. Think from the customers perspective, not the retailers – make it simple for them. Learn from your eCommerce experience
Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you. Think from the customers perspective, not the retailers – make it simple for them. Learn from your eCommerce experience Don’t ignore it - get a multichannel strategy!
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EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
 

Shift Happens! (WorldNet preso)

  • 1. “ The way I like to put it is, the answer should always be mobile first”. Eric Schmidt, Chairman, Google. “ If I had to guess, social commerce is the next area to really blow up”. Mark Zuckerberg, founder, Facebook.
  • 2. The “four pillars” of Online Commerce Mail Order/Telephone Order eCommerce Mobile Commerce Social Commerce
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  • 4. No one channel is going to “win” It is the customer who chooses their most convenient channel at each stage
  • 5. No one channel is going to “win” It is the customer who chooses their most convenient channel at each stage “ The key attraction of online commerce (for 80% of consumers) is the ability to shop ‘whenever I want’ ” "Consumers are consolidating their spending with their favourite multi-channel retailers - meaning being a 'favourite brand' will become increasingly important, and that those without multi-channel propositions may well lose out,“ Retail Strategy Report, PwC April 2011
  • 6. The Multi Channel Paradox From the customer’s perspective, multichannel is about simplifying their interaction with the merchant; allowing them to interact when they want, via the channel they want, seamlessly.
  • 7. The Multi Channel Paradox From the customer’s perspective, multichannel is about simplifying their interaction with the merchant; allowing them to interact when they want, via the channel they want, seamlessly. This may increase the complexity for the retailer.
  • 8. The Multi Channel Paradox From the customer’s perspective, multichannel is about simplifying their interaction with the merchant; allowing them to interact when they want, via the channel they want, seamlessly. This may increase the complexity for the retailer. It is important to view multichannel from the customer’s perspective, and not to implement the solutions that are simplest for the retailer.
  • 9. What’s in a name? An aside on terminology....
  • 10. What’s in a name? An aside on terminology....
  • 11. What’s in a name? An aside on terminology....
  • 12. What’s in a name? An aside on terminology.... Increasing ambiguity....
  • 13. What’s in a name? An aside on terminology.... Increasing ambiguity....
  • 14. What’s in a name? An aside on terminology.... Increasing ambiguity....
  • 15. What’s in a name? An aside on terminology.... Increasing ambiguity.... To retailers – it’s all commerce!
  • 16. 2010 – “The Year of the Mobile” How often have we heard this before?
  • 17. 2010 – “The Year of the Mobile” How often have we heard this before?
  • 18. 2010 – “The Year of the Mobile” How often have we heard this before?
  • 19. 2010 – “The Year of the Mobile” How often have we heard this before?
  • 20. 2010 – “The Year of the Mobile” How often have we heard this before?
  • 21. 2010 – “The Year of the Mobile” How often have we heard this before?
  • 22. 2010 – “The Year of the Mobile” How often have we heard this before?
  • 23. 2010 – “The Year of the Mobile” How often have we heard this before?
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  • 27. In fact, here’s one I prepared earlier:
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  • 39. 2011 – “The Year of Social” Which social networks to focus on? All the building blocks are currently in place. Retailers are setting up shop & selling on Facebook - some on an exclusive basis - but normally as one element of a multi-channel approach What are the factors that make sCommerce appropriate to your mix? - B2C, not B2B - age of customers - .... Social Commerce can learn from the “metaphors” that have developed over the last 15 years of eCommerce, and more recently in mCommerce
  • 40. Social Commerce – Here’s one I prepared earlier
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  • 48. Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you.
  • 49. Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you. Think from the customers perspective, not the retailers – make it simple for them.
  • 50. Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you. Think from the customers perspective, not the retailers – make it simple for them. Learn from your eCommerce experience
  • 51. Multi Channel - In Summary Remember your four pillars, and determine the mix that is right for you. Think from the customers perspective, not the retailers – make it simple for them. Learn from your eCommerce experience Don’t ignore it - get a multichannel strategy!