webinar: retail mobile marketing

37
Waterfall Industry* Insights Kane Russell, VP of Marketing Waterfall * Retail Mobile Marketing

Upload: waterfall

Post on 09-May-2015

133 views

Category:

Mobile


2 download

TRANSCRIPT

Page 1: Webinar: Retail Mobile Marketing

Waterfall Industry* Insights

Kane Russell, VP of MarketingWaterfall

* Retail Mobile Marketing

Page 2: Webinar: Retail Mobile Marketing

Waterfall and the 3.0 Platform

Waterfall๏ Founded August 2005๏ Offices in SFO (HQ), NYC & Austin๏ Backed by Vista Equity Partners ๏ Cross-channel mobile & social CRM via SMS,

MMS, QR Codes, IVR, Facebook & Twitter

๏ Stay updated @ www.waterfall.com๏ Mobile personalized engagement๏ Custom application development๏ Short code provisioning, certification

& audit management

3.0

Page 3: Webinar: Retail Mobile Marketing

Reference Clients & Brand Campaigns

Page 4: Webinar: Retail Mobile Marketing

Objectives For Today’s Webinar

1. Mobile Industry

2. Retail Mobile Marketing

3. Case Studies

4. Opportunities

5. Takeaways

Page 5: Webinar: Retail Mobile Marketing

Digital Channel Reach

Source:  Mashable,  2012

98%

SMS Opened

FB News Feed Viewed

16%

Tweets Viewed

29%12%

Emails Opened

Page 6: Webinar: Retail Mobile Marketing

Digital Marketing Growth in the U.S.

2011 2012 2013 2014 2015 2016

$8,237

$7,057

$5,697

$4,238

$2,777

$1,652$4,995

$4,217$3,453

$2,760$2,119

$1,590$2,468$2,262$2,066$1,875$1,694$1,510

Email  marke*ngSocial  media  marke*ngMobile  marke*ng

$3,242

$4,896

$6,998

$9,150

$11,274

$13,232 32%

10%

26%

38%

CAGR

Source: Forrester, 2011

U.S. Mobile, Social & Email Market Value ($s in millions)

Page 7: Webinar: Retail Mobile Marketing

Mobile Coupon Adoption Rate

Source: eMarketer, 2012

2010 2011 2012 2013

35.628.7

19.813.3

96.892.588.283.6

CAGR

5%

39%

Projected Users, USA (millions)

Online  Coupons Mobile  Coupons

Page 8: Webinar: Retail Mobile Marketing

Objectives For Today’s Webinar

1. Mobile Industry

2. Retail Mobile Marketing

3. Case Studies

4. Opportunities

5. Takeaways

Page 9: Webinar: Retail Mobile Marketing

Retail Mobile Marketing Strategy

Which best describes your mobile strategy?

Source: Forrester, 2011

Don’t have a strategy

Early stage, developing a strategy

Have a strategy

Have a strategy, starting to refine

Have a strategy, currently refining9%

29%

19%

9%

34%

Page 10: Webinar: Retail Mobile Marketing

Retail Mobile Marketing Objectives

What are your company’s objectives for mobile?

Source: Forrester, 2011

SmartphoneTablets

Drive sales to websiteImprove customer satisfaction

Develop brand loyaltyBe a ready source of info

Improve customer acquisitionImprove customer retention

Drive traffic in other channelsKeep up with competitors

Learn from mobileDrive sign ups

Location-based targetingReal-time marketing

Drive 1:1 dialoguesReduce SG&A costs 6%

19%

26%

22%

35%

41%

48%

46%

56%

57%

61%

65%

65%

87%

6%

23%

28%

31%

37%

43%

49%

49%

54%

58%

62%

63%

63%

82%

Page 11: Webinar: Retail Mobile Marketing

Retail Mobile Marketing Objectives

How do you measure the success of your mobile strategy?

Source: Forrester, 2011

Mobile site traffic

Revenue via mobile

Average order value

Number of mobile app downloads

Product searches via mobile

Number of opted in mobile consumers

Repeat visits/logins

Mobile site/app satisfaction

Number of alerts sent to mobile 8%

14%

20%

20%

20%

32%

54%

75%

80%

Page 12: Webinar: Retail Mobile Marketing

Goal of Retail Mobile Marketing

Cross-channel marketing CRM places consumers at the center of the conversation, targeting messaging based on channel preference and permission.

Multichannel marketing CRM is the use of different and disparate channels to simultaneously push the same message to the consumer.

Channels

Brand

Channel Channel

Channel Brand}}CONSUMER

CONSUMER

Page 13: Webinar: Retail Mobile Marketing

Objectives For Today’s Webinar

1. Mobile Industry

2. Retail Mobile Marketing

3. Case Studies

4. Opportunities

5. Takeaways

Page 14: Webinar: Retail Mobile Marketing

Lane Bryant Instant Win

Page 15: Webinar: Retail Mobile Marketing

Takeaways:

Takeaways ...

Do• Use immediacy within

mobile environment• Integrate with POS• Speak in the language

of the consumer

Don’t• Fail to preplan ongoing

strategy

Lane Bryant Instant Win

Page 16: Webinar: Retail Mobile Marketing

Example: One off Engagement

Page 17: Webinar: Retail Mobile Marketing

Forever 21 Mobile Club

Takeaways ...

Do• Drive participation

with non-monetary and monetary incentives

Don’t• Fail to promote across

channels

Page 18: Webinar: Retail Mobile Marketing

Forever 21 Mobile Club

Takeaways ...

Do• Drive participation

with non-monetary and monetary incentives

Don’t• Fail to promote across

channels

Page 19: Webinar: Retail Mobile Marketing

Example: Call to Action Proliferation

Page 20: Webinar: Retail Mobile Marketing

Home Depot Scan For More Martha

Page 21: Webinar: Retail Mobile Marketing

Home Depot Scan For More Martha

Takeaways ...

Do• Make user experience as

seamless as possible:‣ Incentive; integration;

alternative path; mobile optimized

Don’t• Focus only on

immediate term customer value

Page 22: Webinar: Retail Mobile Marketing

Sephora Scan. Watch. Learn.

Page 23: Webinar: Retail Mobile Marketing

Sephora Scan. Watch. Learn.

Do• Custom brand 2D

codes when possible

Takeaways ...

Don’t• Fail to guide

consumers through a brand story

Page 24: Webinar: Retail Mobile Marketing

Source: eMarketer, 2012

QR Code Penetration

US Adult 2D Code Users And PenetrationUS Adult 2D Code Users And PenetrationUS Adult 2D Code Users And PenetrationUS Adult 2D Code Users And PenetrationUS Adult 2D Code Users And Penetration

2011 2012 2013 2014

Adult 2D code users (millions) 21.20 26.37 32.49 38.57

% increase from previous year 146.9% 24.4% 23.2% 18.7%

% adult smartphone user penetration 25% 25% 26% 27%

% adult mobile user penetration 10.1% 12.4% 15.0% 17.6%

% adult population penetration 8.9% 11.0% 13.4% 15.7%

Page 25: Webinar: Retail Mobile Marketing

Source: eMarketer, 2012

QR Code Preferred Content

Discounts/coupons/free items

More information about products/service

Access to exclusive content

Purchase an item

More information about an event

More information about a brand/company 18%

22%

23%

25%

26%

43%

Page 26: Webinar: Retail Mobile Marketing

Tic Tac Mints Mobile App Download

Page 27: Webinar: Retail Mobile Marketing

Tic Tac Mints Mobile App Download

Takeaways ...

Do• Engage target audience

strategically

Don’t• Promote technology

for technology’s sake

Page 28: Webinar: Retail Mobile Marketing

Example: Valuable App Experience

Page 29: Webinar: Retail Mobile Marketing

Neebo Mobile Coupons

Page 30: Webinar: Retail Mobile Marketing

Neebo Mobile Coupons

Takeaways ...

Do• Keep the call to action

clear and compelling

Don’t• Forget to walk

through semantics when designing a mobile engagement strategy

Page 31: Webinar: Retail Mobile Marketing

Mobile Coupons Refresher

• App• Messaging• Web

Method

Means

• Static• Dynamic• Dynamic-verified

Learn more @ the Waterfall webinar archive

Page 32: Webinar: Retail Mobile Marketing

Objectives For Today’s Webinar

1. Mobile Industry

2. Retail Mobile Marketing

3. Case Studies

4. Opportunities

5. Takeaways

Page 33: Webinar: Retail Mobile Marketing

Source:  ePrize,  2012

Opportunities: Integrate Email and SMS

For redemption, data collection and brand awareness:

For coupons:

Mobile wmmmtvyquu vs Email8x

SMS muojomtmuy vs Email6x

Page 34: Webinar: Retail Mobile Marketing

Source:  ePrize,  2012

Opportunities: Analyze and Optimize

Sweet Spot For Lowest Unsubscribe Rates

Peak shopping season

4x per week

Non-peak shopping season

4x per month

Page 35: Webinar: Retail Mobile Marketing

Objectives For Today’s Webinar

1. Mobile Industry

2. Retail Mobile Marketing

3. Case Studies

4. Opportunities

5. Takeaways

Page 36: Webinar: Retail Mobile Marketing

1. Use cross-channel communication geared toward ongoing engagement to avoid the limitations of one-off marketing.

2. Analyze the incentives used in a campaign and make sure they are sufficient and compelling enough to drive user interaction.

3. Align mobile with overall branding efforts to develop a consistent voice throughout the brand’s marketing portfolio.

Key Takeaways

Page 37: Webinar: Retail Mobile Marketing

For more information visit www.waterfall.com

Or contact us directly @ [email protected]

Further industry insight available on our blog @ waterfall.com/blog/

Any Questions?