future forward series: drjays.com webinar case study

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Mauricio Rubio, Director of Business Development DrJays.com Veronika Sonsev, CEO inSparq Presented by Using Social to Showcase Trends and Optimize Merchandising

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Learn how to maximize revenue from your social data. With every Facebook Like, Pin and Tweet about your brand, you are activating your customers and creating a massive pool of social data. Discover how to harness this data to drive significant increases in revenue. In this presentation, Mauricio Rubio from DrJays.com, will show you how social data can be used to create shopping experiences that improve conversion of customers on your site and create higher average order value from their sales. DrJays.com partnered with inSparq and is seeing a 6% increase in revenue.

TRANSCRIPT

Page 1: Future Forward Series: DrJays.com Webinar Case Study

Mauricio Rubio, Director of Business

DevelopmentDrJays.com

Veronika Sonsev, CEO

inSparq

Presented by

Using Social to Showcase Trends and

Optimize Merchandising

Page 2: Future Forward Series: DrJays.com Webinar Case Study

2

Agenda

• Why Social?

• About inSparq

• DrJays.com Case Study

• Q & A

Page 3: Future Forward Series: DrJays.com Webinar Case Study

3

Social as a Referral Channel

• Referral traffic from Facebook, Twitter, Pinterest and YouTube increased 41.8% from 2012 to 2013, driving 51.5MM unique monthly visitors

• Revenue from those visitors increased 63% to $2.7B in 2013

Source: 2014 Internet Retailer Social Media 500

Page 4: Future Forward Series: DrJays.com Webinar Case Study

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Problem: shoppers are overwhelmed with options…

…which is why less than 5% convert online

Page 5: Future Forward Series: DrJays.com Webinar Case Study

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Trends can help consumers deal with the overwhelm to find the best

stuff

Page 6: Future Forward Series: DrJays.com Webinar Case Study

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Social Data is the Key to Make Trends Work

Social Data = Aspirational Wants

Website Data = Day-to-day Needs

Maximizes consumer demand

Page 7: Future Forward Series: DrJays.com Webinar Case Study

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inSparq Social Merchandising Suite

Trending Products

Feed

Trending Products Module

Sharing & Rewards

Page 8: Future Forward Series: DrJays.com Webinar Case Study

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inSparq Client Examples

Page 9: Future Forward Series: DrJays.com Webinar Case Study

DrJays.com Case Study

Page 10: Future Forward Series: DrJays.com Webinar Case Study

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The DrJays.com Story

• Website launched in 1999

• DrJays.com is a pioneering retailer of urban and fashion-forward apparel, trendsetting streetwear and popular American heritage clothing.

• Top 300 internet retailer

• Constant innovation and high customer satisfaction

Page 11: Future Forward Series: DrJays.com Webinar Case Study

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Challenge

• Make site more social

• Showcase “hottest” items in their constantly changing product assortment

• Help customer with “product overwhelm” and leverage social data to provide a curated shopping experience

Page 12: Future Forward Series: DrJays.com Webinar Case Study

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Three Social Innovations

Trending Product Recommendations

Sharing & Rewards

Trending Badges

Page 13: Future Forward Series: DrJays.com Webinar Case Study

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Dedicated Trending Products Feed

Page 14: Future Forward Series: DrJays.com Webinar Case Study

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Technology to Turn a Flat Product Listing into a Vibrant Social Experience

SHARE Drives referrals to

create brand advocates

ENGAGEBuilds a brand

community of loyal customers

TRENDSReal-time activity

as influencers

Page 15: Future Forward Series: DrJays.com Webinar Case Study

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Homepage Trending Products Module

Page 16: Future Forward Series: DrJays.com Webinar Case Study

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Sharing & Rewards Makes It Easy to Reward Shoppers for Spreading the Love

Page 17: Future Forward Series: DrJays.com Webinar Case Study

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Sharing & Rewards Makes It Easy to Reward Shoppers for Spreading the Love

Page 18: Future Forward Series: DrJays.com Webinar Case Study

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Trending Product Badges

Page 19: Future Forward Series: DrJays.com Webinar Case Study

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DrJays.com Results

• Over 6% lift in gross sales

• 4% lift in AOV site wide

• 25% higher AOV for engaged customers

• Over 2X increase in social sharing across website

• 30% increase in conversion for engaged customers

• 3.2% increase in add-to-cart

Page 20: Future Forward Series: DrJays.com Webinar Case Study

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Takeaways

• Trending Product Recommendations are an effective form of merchandising • Works for recommendations and landing

pages• Social data is key to maximizing consumer

demand

• Social is also a great way to turn customers into brand advocates

• Badging makes trends integral to the shopping experience

Page 21: Future Forward Series: DrJays.com Webinar Case Study

Questions?

Page 22: Future Forward Series: DrJays.com Webinar Case Study

Thanks for listening!