growing margins & loyalty in a price transparent world€¦ · confidential © 2016, 360pi...

41
CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

Upload: others

Post on 08-Jun-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

CONFIDENTIAL

© 2016, 360pi Corporation. All Rights Reserved.

Growing Margins & Loyalty in

a Price Transparent World

Page 2: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 2CONFIDENTIAL 2© 2016, 360pi Corporation. All Rights Reserved.

Outline

• About Us

• Trends

• Strategies

Page 3: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 3CONFIDENTIAL 3© 2016, 360pi Corporation. All Rights Reserved.

360pi Team

Alexander Rink

CEO

Joleen Wroten

Sr. Retail Strategist

Page 4: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 4CONFIDENTIAL 4© 2016, 360pi Corporation. All Rights Reserved.

Who We Are

Profitable insights for retailers and brands.Customers

Partners & Integrations

Recognized By

Page 5: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 5CONFIDENTIAL 5© 2016, 360pi Corporation. All Rights Reserved.

TRENDS

Page 6: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 6CONFIDENTIAL 6© 2016, 360pi Corporation. All Rights Reserved.

E-Commerce

$0

$100

$200

$300

$400

Web Sales(US$B)

Page 7: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 7CONFIDENTIAL 7© 2016, 360pi Corporation. All Rights Reserved.

Shoppers Trending Online

• Web-impacted retail sales will account

for 55% of total sales by 2020.

• 71% of shoppers believe they will get a

better deal online than in stores.

• Generation X spends $561 on average

online, 15% more online than Generation

Y who spends $489.

• 62% of Millennials know what they want

to buy through online research

Page 8: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 8CONFIDENTIAL 8© 2016, 360pi Corporation. All Rights Reserved.

Amazon’s Endless Aisle

All Products:

• All Sellers > 419M

• Amazon as the Seller 15.9M

• Unique Sellers ~217K

Office Products:

• Office Products – All 6.2M

• Amazon 333K

• Unique Sellers ~40K

• Unique Brand Names ~60K

14% increase from May

3.8%

5.4%

Page 9: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 9CONFIDENTIAL 9© 2016, 360pi Corporation. All Rights Reserved.

BU

LK

FU

RN

ITU

RE

TE

CH

/EL

EC

TR

ON

ICS

BREAKROOM SUPPLY

PRINT

SE

AS

ON

AL

INK

/TO

NE

R

AC

CE

SS

OR

IES

GE

NE

RA

L S

UP

PL

Y

ORGANIZATIONAL

CL

AS

SR

OO

MPA

PE

R

BAGS

More than Amazon

Page 10: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 10CONFIDENTIAL 10© 2016, 360pi Corporation. All Rights Reserved.

What About B2B?

• US B2B eCommerce will grow from $780 billion in 2015 to $1.13 trillion in 2020.

• Forrester forecasts that 1 million US B2B salespeople will lose their jobs to self-service eCommerce by the year 2020 (4.5M to 3.5M.

Page 11: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 11CONFIDENTIAL 11© 2016, 360pi Corporation. All Rights Reserved.

Amazon’s Price Dynamism

Labor Day

Page 12: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 12CONFIDENTIAL 12© 2016, 360pi Corporation. All Rights Reserved.

Back to School Pricing Gap

Labor Day

Page 13: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 13CONFIDENTIAL 13© 2016, 360pi Corporation. All Rights Reserved.

Electronics Price Gap to Amazon

Labor Day

Page 14: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 14CONFIDENTIAL 14© 2016, 360pi Corporation. All Rights Reserved.

Amazon in Office

$0

$20

$40

$60

$80

$100

$120

2012 2013 2014 2015

Revenues - Amazon vs Staples(US$B)

Amazon Staples

Page 15: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 15CONFIDENTIAL 15© 2016, 360pi Corporation. All Rights Reserved.

STRATEGIES

Page 16: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 16CONFIDENTIAL 16© 2016, 360pi Corporation. All Rights Reserved.

Know Thy Self and Thy Customers

Define your identify and brand.

Choose your target market. Understand your customers and their needs.

Establish your offering and pricing strategy with identified key products and categories.

Page 17: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 17CONFIDENTIAL 17© 2016, 360pi Corporation. All Rights Reserved.

Know Your Market – Retailers

• Competitive Pricing

• Sales/Margin Opportunities

• Sales/Margin Threats

• Zone Pricing

• MAP Compliance

Page 18: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 18CONFIDENTIAL 18© 2016, 360pi Corporation. All Rights Reserved.

Know Your Market – Brands

• Market Presence

• Share of Shelf

• MAP Compliance

• Promotion Compliance

• Content Compliance

Page 19: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 19CONFIDENTIAL 19© 2016, 360pi Corporation. All Rights Reserved.

Differentiate Your Assortment

• Private Label

• Variants

• Bundles

• Pack Sizes

• Services

Page 20: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 20CONFIDENTIAL 20© 2016, 360pi Corporation. All Rights Reserved.

Curated Product Lists & Event Pages

Powered by 360watchlistTM

Page 21: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 21CONFIDENTIAL 21© 2016, 360pi Corporation. All Rights Reserved.

Think Creatively About Pricing

Page 22: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 22CONFIDENTIAL 22© 2016, 360pi Corporation. All Rights Reserved.

Content Matters

• Rankings in search engines (Google)

• Ratings and Reviews– 70% of global consumers indicating they trust online

reviews (Nielsen)

– 84% of Millennials say consumer-written content on brand sites influences what they buy (Bazaarvoice)

• Photos and Videos– Photos increase conversion 20-100% (Kiss Metrics)

– Video viewers 1.7x more likely to purchase (Website Magazine)

Page 23: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 23CONFIDENTIAL 23© 2016, 360pi Corporation. All Rights Reserved.

Service, Service, Service

• Installation, Returns, Technical Support

• Relationship (e.g. birthday cards)

• Proactive fulfillment

• Subscriptions

• Outsourcing

• On-site

Page 24: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 24CONFIDENTIAL 24© 2016, 360pi Corporation. All Rights Reserved.

Consider Marketplaces

Pros Cons

Retailers • Test and Learn

• Endless Aisle

• Unverified Sellers

• Control over

Experience

Brands • New Channel

• Increased Sales

• Test B2C Models

• Brand Dilution

• Private Label Risk

Page 25: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 25CONFIDENTIAL 25© 2016, 360pi Corporation. All Rights Reserved.

Last One! Brands: Consider D2C

• Increased sales

• Increased margins

• Risk diversification

• Broader product assortment

• Increased customer engagement and

loyalty

Page 26: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 26CONFIDENTIAL 26© 2016, 360pi Corporation. All Rights Reserved.

Inspiration

• Ace Hardware (expert, local service, relationships)

• Build.com (curated collections, analytics)

• Hayneedle.com (increased marketing, product count)

• eBags (category expertise, private label)

• Chewy (subscription model)

Page 27: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 27CONFIDENTIAL 27© 2016, 360pi Corporation. All Rights Reserved.

Thank You!

www.360pi.com

[email protected]

[email protected]

Sign up for insights and reports on our website:Amazon Holiday Insights

Google Shopping vs Amazon

Marketplaces Report

Back to School Report

Page 28: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

CONFIDENTIAL

© 2016, 360pi Corporation. All Rights Reserved.

Product Overview

Page 29: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 29CONFIDENTIAL 29© 2016, 360pi Corporation. All Rights Reserved.

Competitive/Channel Price Intelligence

Page 30: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 30CONFIDENTIAL 30© 2016, 360pi Corporation. All Rights Reserved.

Price History

Page 31: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 31CONFIDENTIAL 31© 2016, 360pi Corporation. All Rights Reserved.

ThreatMap

Powered by 360insightsTM

Page 32: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 32CONFIDENTIAL 32© 2016, 360pi Corporation. All Rights Reserved.

Zone-based Pricing

Page 33: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 33CONFIDENTIAL 33© 2016, 360pi Corporation. All Rights Reserved.

Same, “Like”, Equivalent Matches

• Same shoe

– Unique product identifier

• Equivalent shoe

– User determined based

on found attributes

• “Like” shoe

– Scoring based on title &

description

Page 34: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 34CONFIDENTIAL 34© 2016, 360pi Corporation. All Rights Reserved.

MAP Compliance

Page 35: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 35CONFIDENTIAL 35© 2016, 360pi Corporation. All Rights Reserved.

Report Writer

Page 36: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 36CONFIDENTIAL 36© 2016, 360pi Corporation. All Rights Reserved.

Real-time Browser Request

Google Chrome

browser extension

Mobile app with text &

barcode search

Desktop browser interface API to PoS or call center app

Page 37: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 37CONFIDENTIAL 37© 2016, 360pi Corporation. All Rights Reserved.

Easy to Use Real-time API

Drive Conversions | Increase Revenues | Protect Margins

For call centers, store associates, and merchandisers.

Google Chrome

browser extensionRetailer custom app with

text & barcode search

Desktop browser interface PoS or call center integration

Page 38: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 38CONFIDENTIAL 38© 2016, 360pi Corporation. All Rights Reserved.

Brand Recommendations

Page 39: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 39CONFIDENTIAL 39© 2016, 360pi Corporation. All Rights Reserved.

Product Recommendations

Page 40: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 40CONFIDENTIAL 40© 2016, 360pi Corporation. All Rights Reserved.

Brand Market Presence & Share of Shelf

Page 41: Growing Margins & Loyalty in a Price Transparent World€¦ · CONFIDENTIAL © 2016, 360pi Corporation. All Rights Reserved. Growing Margins & Loyalty in a Price Transparent World

© 2016, 360pi Corporation. All Rights Reserved.CONFIDENTIAL 41CONFIDENTIAL 41© 2016, 360pi Corporation. All Rights Reserved.

Final Words