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SoMoLo 101
  Who, What, Why (Why Not), and How
  to Fulfill Fashion’s SoMoLo Imperative


#CommerceInMotion
Who Are These   WHO




                    SO
                    MO
                    LO
                    Shoppers?
#CommerceInMotion                         2
SOCIAL
                    MOBILE
                    LOCAL
#CommerceInMotion        3
WHY




Why Should We Study These
  “SoMoLo” Shoppers?




  #CommerceInMotion          4
Because They’re
         Everywhere…




#CommerceInMotion         5
WHAT
                    Scan
                    This!!       Got
                               Local???




                             Shopper Demands
                             Keep Escalating…
#CommerceInMotion                                6
Research Approach
Objective
To ask businesses to pinpoint the SoMoLo expectations of their
shoppers and how they are responding


Study Conducted
December 1 - 18, 2011
282 Respondents

Revenue Breakdown
$100M - $500M:        59%
Greater than $500M:   41%




                            Specialty   Electronics   Grocery   Big Box   CPG    Other


                                                                    #CommerceInMotion 7
57%
expect discounts sent to their phone



46%
expect to place orders via their phone
                                         Mobility Matters
           #CommerceInMotion                            8
40%                 expect to use QR codes
                    to access content on
                    their phone




#CommerceInMotion                            9
50%
                    expect to shop via tablet




                    Tablets Are
                    Triumphant
#CommerceInMotion                           10
(Only)


38%
 expect to use social
       sites to
browse, shop, and buy


             Social: Sizzling, Or Fizzling?
       #CommerceInMotion                 11
28%
                    expect department-specific
                     messages and offers to be
                    sent to their phones when
                      they are inside a store



      Locking In on (Micro) Local
#CommerceInMotion                            12
Retail Has a Long
                                   Way to Go to Meet
                                   SoMoLo Demands
A Long Road…                       Customers
                                   Expecting
                                                                    Retailers
                                                                    Delivering

                                   46%           Place Orders
                                                via Smartphone      38%
                                   42%          Availability and
                                                Pricing on Phone    30%
                                   44%           Order Status
                                               Updates on Phone     30%
                                   40%          QR Code Access
                                               to Product Content   33%
                                   38%         Browse/Shop/Buy
                                                 via Social Sites   22%
                                   26%          Location-Specific
                                                Offers via Phone    20%
                         13%
                         average
                                   28%           Dept-Specific
                                                Offers via Phone    12%
                           gap

     #CommerceInMotion                                                       13
33%
                                               WHY
                       Lack of Corporate      (NOT)
                       Commitment

               36%     Inability to Integrate
                       New Channels

               36%     Limited Inventory Visibility
                       Across Channels

               25%     Stores Unable to
                       Support New Challenges




#CommerceInMotion
                    SoMoLo Roadblocks            14
Where to Begin?



36%Indicate that they are
struggling to choose which
  programs to implement



                             15
HOW
Enabling SoMoLo
5 Intriguing Technologies that Can Give
SoMoLo Strategies a Kick Start
#CommerceInMotion
Twitter: Not So “Old School”



                                    Purveyors of
                               exclusive content and
                                 consistent dialog
                                 700,000 Followers
                                 (10M Facebook Fans)



          S/S 2012
         Launched
         on Twitter
       BEFORE it Hit
        the Runway

    #CommerceInMotion                                  17
Pinterest Brings Bulletin Boards to Life
Users simply “pin” images they like to interest “boards”



                                         Board topics range from
                                         cupcakes to bathrooms
                                         Retail images dominate
                                         Women outnumber
                                         men 4.5-1




       #CommerceInMotion                                           18
Fashion’s Formidable Footprint…




    #CommerceInMotion             19
Fashion’s Formidable Footprint…




    #CommerceInMotion             20
Fashion’s Formidable Footprint…




    #CommerceInMotion             21
Fashion’s Formidable Footprint…




    #CommerceInMotion             22
Instagram Makes Phone Cameras Relevant
Wildly Popular Photo Enhancing and Sharing App for iPhone




              25M          one-tap
                                     1.5M
                                     pics shared
                  active
                  users    sharing    every day


     #CommerceInMotion
Bergdorf Goodman Makes Instagram
Relevant to their Store
                        Share Your Shoe Obsession
                        “Isn’t that the secret to the absolute perfect pair?
                         You never know what adventures they hold.”

                        • Photo sharing campaign
                            – Consumers use Instagram to
                              take/edit/post photos of BG shoes in
                              various locales throughout the city
                        • Primary goals:
                            – Promote newly expanded shoe salon
                            – Brand awareness




    #CommerceInMotion                                                     24
Customers
embraced the
campaign…


               First 2 Weeks
               650 Photos
               8,000 Followers


                            25
Luminate: Content for 3 Trillion Images
 Ads, content, social tools overlay online images




     “image apps" turn static
    images into dynamic and
     interactive experiences

     #CommerceInMotion                              26
The Dawn of i-Commerce?




     #CommerceInMotion    27
The Dawn of i-Commerce?
          Publish                  Tag         Shop




  4,000 publishers
150M visitors/month
30B image views/year
     *TechCrunch                          >100 different merchants:
                                                    Macy’s
                                         Zappos, Nordstrom, Gap, Pip
                                                 erlime, etc.

               #CommerceInMotion                                       28
The (Social) Google of Fashion




        1.3M monthly users (up 500,000/month in 2011)
     cross-shop apparel, home decorating and kids products
                                                             29
The (Social) Google of Fashion




                                 30
ShopStyle Does SoMoLo




                        31
Extra Credit: Kinect Goes Shopping




                                     32
Notes for the Final Exam
• Think of yourself as media
   – Marketing = Media (not shallow self promotion)
   – “Always on customers” require “always on” marketing
• Talk to your (target) customers
   – Understand their tech/social preferences
   – Reach them on their terms
• Look for ways to add value
   – Exclusivity, early access, etc.

• Be prepared for some trial and error
   – Learn from success and mistakes



                                                           33
Sponsored by…
RedPrairie




                34
Full Study Now
                      Available Online
                      CommerceInMotion.com




 http://www.commerceinmotion.com/feature/somolo-imperative


#CommerceInMotion                                            35
Thank You
David.Bruno@RedPrairie.com

#CommerceInMotion

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SoMoLo 101: Who, What, Why (Why Not), and How to Fulfill Fashion’s SoMoLo Imperative

  • 1. SoMoLo 101 Who, What, Why (Why Not), and How to Fulfill Fashion’s SoMoLo Imperative #CommerceInMotion
  • 2. Who Are These WHO SO MO LO Shoppers? #CommerceInMotion 2
  • 3. SOCIAL MOBILE LOCAL #CommerceInMotion 3
  • 4. WHY Why Should We Study These “SoMoLo” Shoppers? #CommerceInMotion 4
  • 5. Because They’re Everywhere… #CommerceInMotion 5
  • 6. WHAT Scan This!! Got Local??? Shopper Demands Keep Escalating… #CommerceInMotion 6
  • 7. Research Approach Objective To ask businesses to pinpoint the SoMoLo expectations of their shoppers and how they are responding Study Conducted December 1 - 18, 2011 282 Respondents Revenue Breakdown $100M - $500M: 59% Greater than $500M: 41% Specialty Electronics Grocery Big Box CPG Other #CommerceInMotion 7
  • 8. 57% expect discounts sent to their phone 46% expect to place orders via their phone Mobility Matters #CommerceInMotion 8
  • 9. 40% expect to use QR codes to access content on their phone #CommerceInMotion 9
  • 10. 50% expect to shop via tablet Tablets Are Triumphant #CommerceInMotion 10
  • 11. (Only) 38% expect to use social sites to browse, shop, and buy Social: Sizzling, Or Fizzling? #CommerceInMotion 11
  • 12. 28% expect department-specific messages and offers to be sent to their phones when they are inside a store Locking In on (Micro) Local #CommerceInMotion 12
  • 13. Retail Has a Long Way to Go to Meet SoMoLo Demands A Long Road… Customers Expecting Retailers Delivering 46% Place Orders via Smartphone 38% 42% Availability and Pricing on Phone 30% 44% Order Status Updates on Phone 30% 40% QR Code Access to Product Content 33% 38% Browse/Shop/Buy via Social Sites 22% 26% Location-Specific Offers via Phone 20% 13% average 28% Dept-Specific Offers via Phone 12% gap #CommerceInMotion 13
  • 14. 33% WHY Lack of Corporate (NOT) Commitment 36% Inability to Integrate New Channels 36% Limited Inventory Visibility Across Channels 25% Stores Unable to Support New Challenges #CommerceInMotion SoMoLo Roadblocks 14
  • 15. Where to Begin? 36%Indicate that they are struggling to choose which programs to implement 15
  • 16. HOW Enabling SoMoLo 5 Intriguing Technologies that Can Give SoMoLo Strategies a Kick Start #CommerceInMotion
  • 17. Twitter: Not So “Old School” Purveyors of exclusive content and consistent dialog 700,000 Followers (10M Facebook Fans) S/S 2012 Launched on Twitter BEFORE it Hit the Runway #CommerceInMotion 17
  • 18. Pinterest Brings Bulletin Boards to Life Users simply “pin” images they like to interest “boards” Board topics range from cupcakes to bathrooms Retail images dominate Women outnumber men 4.5-1 #CommerceInMotion 18
  • 19. Fashion’s Formidable Footprint… #CommerceInMotion 19
  • 20. Fashion’s Formidable Footprint… #CommerceInMotion 20
  • 21. Fashion’s Formidable Footprint… #CommerceInMotion 21
  • 22. Fashion’s Formidable Footprint… #CommerceInMotion 22
  • 23. Instagram Makes Phone Cameras Relevant Wildly Popular Photo Enhancing and Sharing App for iPhone 25M one-tap 1.5M pics shared active users sharing every day #CommerceInMotion
  • 24. Bergdorf Goodman Makes Instagram Relevant to their Store Share Your Shoe Obsession “Isn’t that the secret to the absolute perfect pair? You never know what adventures they hold.” • Photo sharing campaign – Consumers use Instagram to take/edit/post photos of BG shoes in various locales throughout the city • Primary goals: – Promote newly expanded shoe salon – Brand awareness #CommerceInMotion 24
  • 25. Customers embraced the campaign… First 2 Weeks 650 Photos 8,000 Followers 25
  • 26. Luminate: Content for 3 Trillion Images Ads, content, social tools overlay online images “image apps" turn static images into dynamic and interactive experiences #CommerceInMotion 26
  • 27. The Dawn of i-Commerce? #CommerceInMotion 27
  • 28. The Dawn of i-Commerce? Publish Tag Shop 4,000 publishers 150M visitors/month 30B image views/year *TechCrunch >100 different merchants: Macy’s Zappos, Nordstrom, Gap, Pip erlime, etc. #CommerceInMotion 28
  • 29. The (Social) Google of Fashion 1.3M monthly users (up 500,000/month in 2011) cross-shop apparel, home decorating and kids products 29
  • 30. The (Social) Google of Fashion 30
  • 32. Extra Credit: Kinect Goes Shopping 32
  • 33. Notes for the Final Exam • Think of yourself as media – Marketing = Media (not shallow self promotion) – “Always on customers” require “always on” marketing • Talk to your (target) customers – Understand their tech/social preferences – Reach them on their terms • Look for ways to add value – Exclusivity, early access, etc. • Be prepared for some trial and error – Learn from success and mistakes 33
  • 35. Full Study Now Available Online CommerceInMotion.com http://www.commerceinmotion.com/feature/somolo-imperative #CommerceInMotion 35