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1
Best Practice E-Commerce,
Straight from the horses mouth
Martin Newman, CEO
@martinnewman
Thanks for letting
me present today
2
If you like what you hear today,
my name is Martin Newman
And if you don’t…
It’s Paris Koronaios
Unfortunately you need to look at me
for the next 60-70 mins!
6
My deliverables today
• Insight
• Inspire
• Provoke
• Where we are, where we’re going
• And how we’re getting there
• Mildly entertaining
Questions at the end please
So what gives me the right to stand
before you today?
Why me?
• 16 years selling online
• I run a consulting business, but I’m a retailer
• I’ve had P&L responsibility for catalogues, e-commerce, kiosks
and call centre channels for a number of brands including Ted
Baker, Harrods, Burberry, Speedo & Intersport
• Sit on advisory board of Wiggle.com
9
Why me?
• Judge the PayPal etail awards in the UK, and the online retail
awards of Australia for the past 3 years
• Provide thought leadership to various industry titles including
Retail Week, Power Retail, and the Times
• Chair the Retail Week eCommerce conference
• Chair the Retail Systems Multi Channel Conference
• Listed on Retail Week’s top 50 etail Power List of the most
influential people in online retailing for the last 3 years
9
Do I have all the answers? No.
If I did, I’d be sitting on the boat below!
10
A shameless plug…
Practicology is the fastest growing
global eCommerce and
multi channel consulting business
And that’s because of…
Deep experience of the team:
We’ve all been at the coal face!
We’re all retailers:
We’ve owned the eCommerce P&L for the following brands:
We’re 100% focused on client’s
profitability
We’re a good bunch
3 buckets of services
Trading
Consulting
Agency
Our Clients
You really can’t afford to take
your eye off the ball…as things are
changing so quickly
Back to the here and now…
Don’t we just love
jargon in this industry…
You need to ignore the BS!
• Some call it eCommerce
• Some call it eBusiness
• Some call it eTail
• Some call it eTailing
• I’ve even heard it called eTailment
• Some call it mCommerce
• Some call it Multi Channel
• Some call it‘Multiple Channels’
• Some call it Multi Channel Integration
• Some even call it Omni Channel
• Customers don’t see channels!
• They only see experiences
• Therefore the only thing that really matters is:
“Letting customers choose how they shop with you”
This is key success factor number 1
The old Retail driver:
Used to be location, location, location
The new Retail drivers:
• Now its:
Convenience, Convenience, Convenience
• Buy from the channel of choice: Online, in store, by
phone
• Return to the channel of choice…free
• Have your order delivered to the place of choice:
Work, home, your store for pick up
• Have the order fulfilled at a time of your choosing
• Have your order gift wrapped with a gift card
Why is this important?
…These customers might buy
online from you
These may not.
But they would over the phone
These customers want to know…
“Will my bum look big in this?”
…And that’s where live chat comes in
This customer absolutely wants to
click and collect
You need to let different customer
types shop however and whenever
they want to
Key Success Factor =
Retailers are finding new ways
that their stores can enable me to
shop how I want to
Take the till to the customer…
helps to close the sale
• I abandoned my basket at Bershka recently due to
the size of the queue
• Retailers are increasingly putting in iPads
• 25% cheaper than fixed tills
Debenhams say they are able to offer
between 30% and 500% more SKUs than
the store
In store kiosks have generated
incremental revenue of more than
£100m in the last 18 months
• The store does not
stock merchandise
• It has iPads,
computers and
interactive screens
• Customers can
order products
which are then
delivered the
following day to
either the
customer’s home or
to the store for
collection
Selfridges click and collect
drive through
The Multi Channel Halo Effect
• 63% research online before buying instore
• 89% who buy online also shop instore
• 35% of all online customers pick up their goods instore (M&S is at
40%)
• Click and collect growing at 2 x the rate of online sales
• 29% researched offline before buying online
• Multi channel customers spent 3.5 times as much as single channel
customers
• Mobile drives 6m visits to the website
• A £3k bed was bought through mobile!
• Multi Channel Customers are twice as loyal
Click and Collect:
Why does it drive so many sales?
67
Why is it so important?
• You know your goods are there
• You don’t have to worry about what happens if
you’re not in when they’re delivered
• Or if you have to return them
• You don’t have to pay for delivery
• If it’s fashion you can change your size or your
mind there and then
• You may well be working near that store
• Convenience, Convenience, Convenience
Key Success Factor =
Customer Service and advice
• Because it’s online, it doesn’t mean you don’t
need customer service and a call centre
number!
• Let me call you if I want to
• Customer service is a sales driver not just a
channel for problem resolution
So I can’t call you?
Good help section on Debenhams,
but no obvious call centre no’s
54
If you were a customer service
business that happened to sell travel
products, how would you
communicate and engage differently?
Key Success Factor =
Good usability…
the experience online should be very
similar to the offline experience
If you took the online shopping bag
and checkout and put it into a store
environment,
this is what it might be like…
130
How ASOS persuades 50% more new
customers to checkout
After Split testing they changed from using the term create account.
To the softer approach – “new to ASOS”
They still ask for a password during checkout but found drop out is associated with
the perception of registration.
Did you know that the conversion from
customers who use site search is
between 2 and 5 times that of normal
browsers?
And yet too many search functions
deliver the following experience…
Search for Bra’s…
Key Success Factor =
Availability
Can I place a back order?
Key Success Factor =
De risking buying online
Those doing well online know how to
de-risk the experience of buying
online for customers
Zappos set the bar for de-risking
and for convenience
Key Success Factor =
The customer value proposition
Have it right up front…
Key Success Factor =
Engagement
A truly social brand...
These styles sell through 2.4 times better
Engagement
Key Success Factor =
Personalisation &
Dynamic merchandising
But what is personalisation
and dynamic merchandising?

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E business world 2013 - Newman Martin: e-retailing & mobile commerce (part 1)

  • 1. 1 Best Practice E-Commerce, Straight from the horses mouth Martin Newman, CEO @martinnewman
  • 2. Thanks for letting me present today 2
  • 3. If you like what you hear today, my name is Martin Newman
  • 4. And if you don’t…
  • 6. Unfortunately you need to look at me for the next 60-70 mins! 6
  • 7. My deliverables today • Insight • Inspire • Provoke • Where we are, where we’re going • And how we’re getting there • Mildly entertaining
  • 8. Questions at the end please
  • 9. So what gives me the right to stand before you today?
  • 10. Why me? • 16 years selling online • I run a consulting business, but I’m a retailer • I’ve had P&L responsibility for catalogues, e-commerce, kiosks and call centre channels for a number of brands including Ted Baker, Harrods, Burberry, Speedo & Intersport • Sit on advisory board of Wiggle.com 9
  • 11. Why me? • Judge the PayPal etail awards in the UK, and the online retail awards of Australia for the past 3 years • Provide thought leadership to various industry titles including Retail Week, Power Retail, and the Times • Chair the Retail Week eCommerce conference • Chair the Retail Systems Multi Channel Conference • Listed on Retail Week’s top 50 etail Power List of the most influential people in online retailing for the last 3 years 9
  • 12. Do I have all the answers? No. If I did, I’d be sitting on the boat below! 10
  • 14. Practicology is the fastest growing global eCommerce and multi channel consulting business
  • 16. Deep experience of the team: We’ve all been at the coal face!
  • 17. We’re all retailers: We’ve owned the eCommerce P&L for the following brands:
  • 18. We’re 100% focused on client’s profitability
  • 19. We’re a good bunch
  • 20. 3 buckets of services
  • 25. You really can’t afford to take your eye off the ball…as things are changing so quickly
  • 26.
  • 27. Back to the here and now…
  • 28. Don’t we just love jargon in this industry…
  • 29. You need to ignore the BS!
  • 30. • Some call it eCommerce • Some call it eBusiness • Some call it eTail • Some call it eTailing • I’ve even heard it called eTailment • Some call it mCommerce • Some call it Multi Channel • Some call it‘Multiple Channels’ • Some call it Multi Channel Integration • Some even call it Omni Channel
  • 31. • Customers don’t see channels! • They only see experiences • Therefore the only thing that really matters is: “Letting customers choose how they shop with you” This is key success factor number 1
  • 32. The old Retail driver: Used to be location, location, location
  • 33. The new Retail drivers: • Now its: Convenience, Convenience, Convenience • Buy from the channel of choice: Online, in store, by phone • Return to the channel of choice…free • Have your order delivered to the place of choice: Work, home, your store for pick up • Have the order fulfilled at a time of your choosing • Have your order gift wrapped with a gift card
  • 34. Why is this important?
  • 35. …These customers might buy online from you
  • 36. These may not. But they would over the phone
  • 37. These customers want to know… “Will my bum look big in this?” …And that’s where live chat comes in
  • 38. This customer absolutely wants to click and collect
  • 39. You need to let different customer types shop however and whenever they want to
  • 40. Key Success Factor = Retailers are finding new ways that their stores can enable me to shop how I want to
  • 41. Take the till to the customer… helps to close the sale • I abandoned my basket at Bershka recently due to the size of the queue • Retailers are increasingly putting in iPads • 25% cheaper than fixed tills
  • 42. Debenhams say they are able to offer between 30% and 500% more SKUs than the store
  • 43. In store kiosks have generated incremental revenue of more than £100m in the last 18 months
  • 44. • The store does not stock merchandise • It has iPads, computers and interactive screens • Customers can order products which are then delivered the following day to either the customer’s home or to the store for collection
  • 45. Selfridges click and collect drive through
  • 46. The Multi Channel Halo Effect
  • 47. • 63% research online before buying instore • 89% who buy online also shop instore • 35% of all online customers pick up their goods instore (M&S is at 40%) • Click and collect growing at 2 x the rate of online sales • 29% researched offline before buying online • Multi channel customers spent 3.5 times as much as single channel customers • Mobile drives 6m visits to the website • A £3k bed was bought through mobile! • Multi Channel Customers are twice as loyal
  • 48. Click and Collect: Why does it drive so many sales? 67
  • 49. Why is it so important? • You know your goods are there • You don’t have to worry about what happens if you’re not in when they’re delivered • Or if you have to return them • You don’t have to pay for delivery • If it’s fashion you can change your size or your mind there and then • You may well be working near that store • Convenience, Convenience, Convenience
  • 50. Key Success Factor = Customer Service and advice
  • 51. • Because it’s online, it doesn’t mean you don’t need customer service and a call centre number! • Let me call you if I want to • Customer service is a sales driver not just a channel for problem resolution
  • 52. So I can’t call you?
  • 53. Good help section on Debenhams, but no obvious call centre no’s
  • 54. 54
  • 55. If you were a customer service business that happened to sell travel products, how would you communicate and engage differently?
  • 56. Key Success Factor = Good usability… the experience online should be very similar to the offline experience
  • 57.
  • 58.
  • 59.
  • 60. If you took the online shopping bag and checkout and put it into a store environment, this is what it might be like…
  • 61.
  • 62. 130 How ASOS persuades 50% more new customers to checkout
  • 63. After Split testing they changed from using the term create account.
  • 64. To the softer approach – “new to ASOS” They still ask for a password during checkout but found drop out is associated with the perception of registration.
  • 65. Did you know that the conversion from customers who use site search is between 2 and 5 times that of normal browsers?
  • 66. And yet too many search functions deliver the following experience…
  • 67.
  • 69.
  • 70.
  • 71. Key Success Factor = Availability
  • 72. Can I place a back order?
  • 73. Key Success Factor = De risking buying online
  • 74. Those doing well online know how to de-risk the experience of buying online for customers
  • 75. Zappos set the bar for de-risking and for convenience
  • 76. Key Success Factor = The customer value proposition
  • 77. Have it right up front…
  • 78. Key Success Factor = Engagement
  • 79. A truly social brand... These styles sell through 2.4 times better Engagement
  • 80. Key Success Factor = Personalisation & Dynamic merchandising
  • 81.
  • 82. But what is personalisation and dynamic merchandising?