optimize for your customer or die

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Optimize for Your Consumer of Die!

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Presentation at MarketLive Summit 2012 on 5/2/2012 in Sonoma, CA by Chris Reighley

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Page 1: Optimize for your Customer or Die

Optimize for Your Consumer of Die!

Page 2: Optimize for your Customer or Die

Chris ReighleyDirector of eCommerce

@chrisreighley

#MLSummit12

Page 3: Optimize for your Customer or Die
Page 4: Optimize for your Customer or Die
Page 5: Optimize for your Customer or Die
Page 6: Optimize for your Customer or Die

Over 300 Billion Emails are sent every day.

Page 7: Optimize for your Customer or Die

Over 19 Billion Text Messages are sent every day

Page 8: Optimize for your Customer or Die

On average, we speak 2,251 words to 7.4

persons a day

Page 9: Optimize for your Customer or Die

“Findings indicate that 80% of consumers’ shopping

decisions are made before entering the store…”

Merchant Mechanics, Inc.

Page 10: Optimize for your Customer or Die

Optimize for YOUR Consumer

OR DIE!!!

Page 11: Optimize for your Customer or Die

Know YOUR Consumer

Page 12: Optimize for your Customer or Die

Consumer Decision Making Process1. Problem recognition2. Information search3. Alternative evaluation4. Purchase decision5. Post-purchase behavior

5 Stages of consumer behavior

Page 13: Optimize for your Customer or Die
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The Picture of the Digital Consumer Customer Type

New or Returning

Device Computer, Smartphone or Tablet

Digital Channels SEO, SEM, CSE, eMail, Social, Affiliates, Display

Ads, Market Places

Page 15: Optimize for your Customer or Die

KPI Visits Sticky Rate Engagement Rate Conversion Rate Gross Revenue Average Order Value Average Items per Order Per Visit Value

Page 16: Optimize for your Customer or Die

New Cus-tomer72%

Returning Customer

28%

New Cus-tomer52%

Returning Customer

48%Visits Revenue

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Visits Revenue0%

10%

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30%

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100%

Computer Smartphone Tablet

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Visits Revenue0%

10%

20%

30%

40%

50%

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100%

organic cpc email cse social affiliate

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Per Visit Value

organic cpc email cse social

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Multiple Touchpoints

The Purchase Path Of Online Buyers

Sucharita Mulpuru

Forrester Research, Inc.

Page 21: Optimize for your Customer or Die
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Listen to Feedback

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Our Next Steps at totes-ISOTONER Allocation of Multiple Touchpoints Life-Time Participation Value

Churn Rate

Net Promoter Score Focus on Online – Offline – Channel

Coordination

Page 26: Optimize for your Customer or Die

If you remember ANYTHING EVERYTHING starts with the CUSTOMER

You are a PROBLEM SOLVER for your customer

Stop thinking about which channels are effective for you, and start thinking about which channels are effective for your customer.

Page 27: Optimize for your Customer or Die

Your Brand Consumers Channels Eco System Corporation

Page 28: Optimize for your Customer or Die
Page 29: Optimize for your Customer or Die

Questions?Chris ReighleyDirector of eCommercetotes>>ISOTONER

[email protected]@chrisreighley#MLSummit12