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PREPARED FOR SMP 11/6/11 Connecting people to the things they love It’s a matter of time-within the next five or so years-before more business will be done on Facebook than Amazon.” CMEA Capital
Overview-Who we are
WHO WE  ARE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
UK DE IT JN ‘ 08 ‘ 87 ‘ 88 ‘ 89 ‘ 90 ‘ 91 92 ‘ 93 ‘ 94 ‘ 95 ‘ 96 ‘ 97 ‘ 98 ‘ 99 ‘ 00 ‘ 01 ‘ 02 ‘ 03 ‘ 04 ‘ 05 ‘ 06 ‘ 07 $7B $6B $5B $4B $3B $2B $1B ‘ 09 QVC, INC. REVENUE (US$) INTL US ‘ 10 In its first two decades, QVC shipped more than a billion orders to over 45 million customers on three continents.  With global sales of $7.8 billion, QVC is three times the size of its next largest competitor, and in the U.S. now ranks second only to CBS among all American TV networks in terms of revenues.  With over $2 billion in internet sales, QVC is now among the world’s largest dotcoms.  But QVC is more than a TV network or dotcom. At its heart, QVC is a retailer.  And like any good retailer, it succeeds not by selling items, but by continually pleasing its customers. A Global Business US
A Retail/Media Hybrid 5,000-15,000 QVC orders/hour 0 500,000 1,000,000 1,500,000 ~500,000-1,500,000 QVC viewers/hour Source: QVC MR&SA Q :  Is QVC “sales” or “marketing”?   A : yes. QVC typically generates 5,000-15,000 orders per hour.  Meanwhile, QVC will reach up to 1.5 million   viewers  for at least some portion of that same hour.  Figuratively speaking, for every thousand orders that QVC takes, hundreds of thousands more consumers are being predisposed to look for the brand at retail.
QVC.com Traffic (U.S.) August Monthly Visits (millions) Sources:  Experian/Hitwise, Coremetrics estimated monthly visits (millions) QVC.com Traffic
Our Most Revealing Statistics overall satisfaction ease of doing  business intention to reorder  Top Box Rating 2008 7 out of 7 % of revenues derived from repeat customers
Connecting people to the things they love
It’s a pretty simple concept really…
Favorable Demographic Growth WOMEN AGED 35-44 20.6M PROJECTED GROWTH: +0.5% WOMEN AGED 25-34 20.6M PROJECTED GROWTH: +1.0% WOMEN AGED 45-54 22.7M PROJECTED GROWTH: -0.9% WOMEN AGED 55+ 41.7M PROJECTED GROWTH: +2.4% SOURCE: Population Division, US Census Bureau Aug 2008 It’s all about her
She is a passionate shopper Sees shopping as a way of engaging with the world It’s more than just buying “stuff” It’s new ideas for everyday life It’s inspiration It’s creating a community of experts, inventors, owners, dreamers, customers, employees together It’s about everyone sharing their life experiences
So who are we? QVC is a Global shopping community that offers an experience that is as much about  entertainment and enrichment  as it is about buying. We’re here to make genuine connections—really!
Connecting her to the  people  and the  products  she loves
On our platforms
And off our platforms
affinity.
Anywhere and anyway she prefers
 
personal.
Making her feel special
 
nurtured.
Connecting her to the cause she loves to support
[object Object],[object Object],FFANY Presents Shoes on Sales for Breast Cancer Awareness
VIRAL MARKERTING
proud.
Giving her an experience of a lifetime
Red Carpet Ready, LA Getaway Flyaway Contest Winners, fresh off the red carpet at the Four Seasons, after their VIP Hollywood makeover with Mike George, President and CEO
important.
Giving her access to the events she can only dream of…
 
relevant.
Giving her the tools, tips, and shortcuts
 
inspired.
affinity  personal  nurture  proud  inspired important  We don’t  feel  like a typical retailer.  relevant And the  grows…
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
And she wants to express it…
Over 90k new likes @ under .37 cents per like
Who Loved Easy Does It Day…?
And when she does… Her 140+ friends can see it
For us… that means  79M  friends of fans
 
 
 
79M  friends that listen to their friends Social endorsement (seeing that my friend likes a brand) drives a 2x increase in brand awareness and 4x increase in purchase intent -Nielsen
79M  friends that listen to their friends Social endorsement (seeing that my friend likes a brand) drives a 2x increase in brand awareness and 4x increase in purchase intent -Nielsen
Fan love to share… 68% indicate they are very likely to recommend a product Fans spend more… Fans of CPG brands reported spending $71.84 more per year than non Fans “ 51% of users who like a Page are more likely to buy from that brand”
Who is our QVC Facebook Customer? ,[object Object]
Convert 1% of 79,000,000 = 790k new cust More
Results
 
 
Tagged 7 day Sales YTD up 198% Avg conversion @ 4+%, Wall @ 5% Give people what they love and……….
Challenges-What’s The Story? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What’s your story?
WHAT DO YOU HAVE TO OFFER? HOW CAN YOUR COMPANY MAKE PEOPLE FEEL LIKE THEY ARE AN INTEGRAL  PART OF THE COMMUNITY/BRAND WHERE THEIR IDEAS MATTER?
Ask them…
The Future: some staggering quotes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],In 3-5 years 10-15% of total consumer spending in developed countries may go thru sites such as Facebook-Mike Fauscette, IDC Consulting
Q + A

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Peter Farrell

  • 1. PREPARED FOR SMP 11/6/11 Connecting people to the things they love It’s a matter of time-within the next five or so years-before more business will be done on Facebook than Amazon.” CMEA Capital
  • 3.
  • 4. UK DE IT JN ‘ 08 ‘ 87 ‘ 88 ‘ 89 ‘ 90 ‘ 91 92 ‘ 93 ‘ 94 ‘ 95 ‘ 96 ‘ 97 ‘ 98 ‘ 99 ‘ 00 ‘ 01 ‘ 02 ‘ 03 ‘ 04 ‘ 05 ‘ 06 ‘ 07 $7B $6B $5B $4B $3B $2B $1B ‘ 09 QVC, INC. REVENUE (US$) INTL US ‘ 10 In its first two decades, QVC shipped more than a billion orders to over 45 million customers on three continents. With global sales of $7.8 billion, QVC is three times the size of its next largest competitor, and in the U.S. now ranks second only to CBS among all American TV networks in terms of revenues. With over $2 billion in internet sales, QVC is now among the world’s largest dotcoms. But QVC is more than a TV network or dotcom. At its heart, QVC is a retailer. And like any good retailer, it succeeds not by selling items, but by continually pleasing its customers. A Global Business US
  • 5. A Retail/Media Hybrid 5,000-15,000 QVC orders/hour 0 500,000 1,000,000 1,500,000 ~500,000-1,500,000 QVC viewers/hour Source: QVC MR&SA Q : Is QVC “sales” or “marketing”? A : yes. QVC typically generates 5,000-15,000 orders per hour. Meanwhile, QVC will reach up to 1.5 million viewers for at least some portion of that same hour. Figuratively speaking, for every thousand orders that QVC takes, hundreds of thousands more consumers are being predisposed to look for the brand at retail.
  • 6. QVC.com Traffic (U.S.) August Monthly Visits (millions) Sources: Experian/Hitwise, Coremetrics estimated monthly visits (millions) QVC.com Traffic
  • 7. Our Most Revealing Statistics overall satisfaction ease of doing business intention to reorder Top Box Rating 2008 7 out of 7 % of revenues derived from repeat customers
  • 8. Connecting people to the things they love
  • 9. It’s a pretty simple concept really…
  • 10. Favorable Demographic Growth WOMEN AGED 35-44 20.6M PROJECTED GROWTH: +0.5% WOMEN AGED 25-34 20.6M PROJECTED GROWTH: +1.0% WOMEN AGED 45-54 22.7M PROJECTED GROWTH: -0.9% WOMEN AGED 55+ 41.7M PROJECTED GROWTH: +2.4% SOURCE: Population Division, US Census Bureau Aug 2008 It’s all about her
  • 11. She is a passionate shopper Sees shopping as a way of engaging with the world It’s more than just buying “stuff” It’s new ideas for everyday life It’s inspiration It’s creating a community of experts, inventors, owners, dreamers, customers, employees together It’s about everyone sharing their life experiences
  • 12. So who are we? QVC is a Global shopping community that offers an experience that is as much about entertainment and enrichment as it is about buying. We’re here to make genuine connections—really!
  • 13. Connecting her to the people and the products she loves
  • 15. And off our platforms
  • 17. Anywhere and anyway she prefers
  • 18.  
  • 20. Making her feel special
  • 21.  
  • 23. Connecting her to the cause she loves to support
  • 24.
  • 27. Giving her an experience of a lifetime
  • 28. Red Carpet Ready, LA Getaway Flyaway Contest Winners, fresh off the red carpet at the Four Seasons, after their VIP Hollywood makeover with Mike George, President and CEO
  • 30. Giving her access to the events she can only dream of…
  • 31.  
  • 33. Giving her the tools, tips, and shortcuts
  • 34.  
  • 36. affinity personal nurture proud inspired important We don’t feel like a typical retailer. relevant And the grows…
  • 37.
  • 38. And she wants to express it…
  • 39. Over 90k new likes @ under .37 cents per like
  • 40. Who Loved Easy Does It Day…?
  • 41. And when she does… Her 140+ friends can see it
  • 42. For us… that means 79M friends of fans
  • 43.  
  • 44.  
  • 45.  
  • 46. 79M friends that listen to their friends Social endorsement (seeing that my friend likes a brand) drives a 2x increase in brand awareness and 4x increase in purchase intent -Nielsen
  • 47. 79M friends that listen to their friends Social endorsement (seeing that my friend likes a brand) drives a 2x increase in brand awareness and 4x increase in purchase intent -Nielsen
  • 48. Fan love to share… 68% indicate they are very likely to recommend a product Fans spend more… Fans of CPG brands reported spending $71.84 more per year than non Fans “ 51% of users who like a Page are more likely to buy from that brand”
  • 49.
  • 50. Convert 1% of 79,000,000 = 790k new cust More
  • 52.  
  • 53.  
  • 54. Tagged 7 day Sales YTD up 198% Avg conversion @ 4+%, Wall @ 5% Give people what they love and……….
  • 55.
  • 57. WHAT DO YOU HAVE TO OFFER? HOW CAN YOUR COMPANY MAKE PEOPLE FEEL LIKE THEY ARE AN INTEGRAL PART OF THE COMMUNITY/BRAND WHERE THEIR IDEAS MATTER?
  • 59.
  • 60. Q + A

Editor's Notes

  1. So she feels a sense of affinity
  2. So she feels a sense of affinity
  3. Expanding reach / access across TV platforms Creating a best-in-class Internet platform Rapid deployment of new media extensions Driving tight integration across all channels One brand, one experience Content leverage No preferential treatment – customer choice
  4. So it’s her way
  5. Nurturing our relationship
  6. So she feels proud
  7. So she feels important
  8. so she is in the know
  9. so she can live her best life
  10. So she feels a sense of affinity