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Unlocking the power of Permission
              to grow your online sales




Jeremy Glass              Online Retailer Conference
Managing Director                 Tuesday Sept 27, 2011
Permission                            Sydney, Australia
Revolution: Running shoes
!   Stormed the market in 1972 aimed at supporting the
    heel and propelling people forward
!   Created bad habits and made our feet weak.
Heel and toe is a no, no, no

!   Runners shouldn’t
    be landing on their
    heels


!   10%* increase in
    Achilles tendon
    blowouts since the
    70s


                          * Source: Dr Craig Richards, a researcher at the University of Newcastle in Australia, as outlined in a
                          2008 article in the British Journal Of Sports Medicine
!   Time to get back
    to basics and run
    how we were born
    to run
!   On the front of our
    feet
!   Join the revolution!
Online retail’s 3 biggest challenges


!   Building without a plan

!   Silly behaviour - price

!   Technology challenges
1. Building without a plan




      Documented
        strategic
          Plan?
1. Building without a plan




   “Only 35% of retailers have a
   documented strategic plan”
                             Business of retail 2011 report
                                   BRW and AMP Capital
Online Retail’s 3 biggest challenges


!   Building without a plan

!   Silly behaviour - price

!   Technology challenges
2. Silly behaviour - price
http://www.allthedeals.com.au
2. Silly behaviour - price

!   Solution – creating ‘value’ and differentiating the
    customer service experience:
   !   Get to know your customers for greater relevance:
       •  High value – VIP experiences, no need to discount!
       •  Lower value – Repeat purchase stimulation.
       •  Service satisfaction – Manage detractors,
          leverage Promoters / Advocates.
Unlocking The Power of Permission


                                                                            Adore
                                                                                      Ambassador
    Permission Level




                                                                             Advocate
                                                                   Love
                                                                                                 Referral
                                                                                                 Referral
                                                                                             Social advocacy
                                                         Like
                                                                   Fan



                                            Desire
                                                          Customer               Relevance
                                                                                Remarketing

                                 Interact
                                               Visitor


                                  Prospect                       Earning
                        Aware
                                                                permission


                       Suspect                              Relationship Knowledge & Value
Parklife Ticket for $7,000




        “The World's Most Ridiculously Expensive Ticket”
              as requested through Facebook
Online retail’s 3 biggest challenges


!   Building without a plan

!   Silly behaviour - price

!   Technology challenges
3. Technology? All too hard

!   Problem: Technology limitations and frustrations


!   Solution: Low cost, easy to integrate solutions
               •  Grow sales
               •  Create greater consumer engagement
               •  Improve efficiencies
Unlocking The Power of Permission



                                                                      Adore
                                                                                Ambassador
    Permission Level




                                                               Love
                                                                       Advocate

                                                                                        Referral
                                                        Like
                                                               Fan


                                            Desire       Customer              Relevance
                                                                              Remarketing
                                 Interact     Visitor
                                                                   Earning
                                  Prospect
                                                                  permission
                        Aware




                       Suspect                       Relationship Knowledge & Value
3. Technology solutions

Integrated email
Welcome programs
Purchase within 30 days of
registration will significantly
increase chance of repurchase
and overall lifetime value




                                 Source: Forrester Research 
3. Technology solutions

Integrated email
Welcome programs
Purchase within 30 days of
registration will significantly
increase chance of repurchase
and overall lifetime value




                                 Source: Forrester Research 
3. Technology solutions

Integrated email
Cart Abandonment programs



                            Cart abandonment
                             50% – 60% – 70%?




                                        Source: Forrester Research 
3. Technology solutions

Integrated email
Cart Abandonment programs




                            Source: Forrester Research 
3. Technology solutions

Integrated email
Cart Abandonment programs



                              Only 17% of top 500
                            online retailers run CAP’s
                                            Silverpop




                                             Source: Forrester Research 
Unlocking The Power of Permission



                                                                      Adore
                                                                                Ambassador
    Permission Level




                                                               Love
                                                                       Advocate

                                                                                        Referral
                                                        Like
                                                               Fan


                                            Desire       Customer              Relevance
                                                                              Remarketing
                                 Interact     Visitor
                                                                   Earning
                                  Prospect
                                                                  permission
                        Aware




                       Suspect                       Relationship Knowledge & Value
3. Technology solutions

  Merchandising and
  recommendations

More relevant offers that increase
conversion rates, average order
 value and improve overall user
          experience




                                     29
3. Technology solutions

Merchandising and
recommendations




                          30
3. Technology solutions

Merchandising and
recommendations


                           “62% of consumers say they
                             value recommendations
                                 when shopping”


                                   “When deployed,
                               recommendation engines
                                  drive 2-20% of sales”


                          31
3. Technology solutions

Merchandising and
recommendations


                                Up to 30% increase in
                                   sales per visitor
                               depending on usage &
                                       industry.




                          32
3. Technology solutions
Remarketing and Cart Abandonment Programs combined
Unlocking The Power of Permission



                                                                      Adore
                                                                                Ambassador
    Permission Level




                                                               Love
                                                                       Advocate
                                                                                          Referral
                                                               Fan                    Social advocacy
                                                        Like




                                            Desire       Customer              Relevance
                                                                              Remarketing
                                 Interact     Visitor


                        Aware
                                  Prospect


                       Suspect                       Relationship Knowledge & Value
3. Technology solutions


       Twritter
 Social engagement
      programs



      Referral
  Social advocacy
So….


!   Assess smart, lower cost technology

!   Differentiate price, value and
    customer experience offering

!   Build on your plan
Our journey to multi-channel
Planning
!   Our process to get a product sold on the internet and to a
    customer
    !   Pre-planning




Multiple team members working to the best of their   Always a happy customer
 ability, yet in an unfocused, unorganised fashion
Planning
  !   Our process to get a product sold on the internet and to a
      customer
        !   Post-planning


                        Operations

     Social Media

                Reputation Management


  SEO/SEM
                    E-mail Marketing
   Organised teams focused on specific capabilities            Always a happy customer
Applied to specific on-line businesses with clear objectives
“Price, Price, Price”?
“Price, Price, Price”?


                      Attentio
                         n


             Action              Interest



                      Desire
“Price, Price, Price”?

                                                                      Adore
                                                                                Ambassador
 Permission Level




                                                            Love
                                                                       Advocate

                                                                                         Referral
                                                     Like
                                                            Fan

                                                      Customer                 Relevance
                                         Desire
                                                                              Remarketing
                              Interact     Visitor
                                                                    Earning
                                                                   permission
                     Aware
                               Prospect


                    Suspect                       Relationship Knowledge & Value
Technology
!   We know we need to stay ahead of the trends
   !   What is next, how do we engage and transact
So….


!   Assess smart, lower cost technology

!   Differentiate price, value and
    customer experience offering

!   Build on your plan
Download our free whitepaper

Top Ten Tips for Successful
Online Retail Marketing
wp.permission.com.au




jeremy.glass@permission.com.au
@permission_syd

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Unlocking the power of permission to grow your online sales online retailer conference - sydney sept 2011 - preso slides

  • 1. Unlocking the power of Permission to grow your online sales Jeremy Glass Online Retailer Conference Managing Director Tuesday Sept 27, 2011 Permission Sydney, Australia
  • 2.
  • 3. Revolution: Running shoes !   Stormed the market in 1972 aimed at supporting the heel and propelling people forward !   Created bad habits and made our feet weak.
  • 4. Heel and toe is a no, no, no !   Runners shouldn’t be landing on their heels !   10%* increase in Achilles tendon blowouts since the 70s * Source: Dr Craig Richards, a researcher at the University of Newcastle in Australia, as outlined in a 2008 article in the British Journal Of Sports Medicine
  • 5.
  • 6.
  • 7. !   Time to get back to basics and run how we were born to run !   On the front of our feet !   Join the revolution!
  • 8.
  • 9.
  • 10. Online retail’s 3 biggest challenges !   Building without a plan !   Silly behaviour - price !   Technology challenges
  • 11. 1. Building without a plan Documented strategic Plan?
  • 12. 1. Building without a plan “Only 35% of retailers have a documented strategic plan” Business of retail 2011 report BRW and AMP Capital
  • 13. Online Retail’s 3 biggest challenges !   Building without a plan !   Silly behaviour - price !   Technology challenges
  • 16. 2. Silly behaviour - price !   Solution – creating ‘value’ and differentiating the customer service experience: !   Get to know your customers for greater relevance: •  High value – VIP experiences, no need to discount! •  Lower value – Repeat purchase stimulation. •  Service satisfaction – Manage detractors, leverage Promoters / Advocates.
  • 17. Unlocking The Power of Permission Adore Ambassador Permission Level Advocate Love Referral Referral Social advocacy Like Fan Desire Customer Relevance Remarketing Interact Visitor Prospect Earning Aware permission Suspect Relationship Knowledge & Value
  • 18. Parklife Ticket for $7,000 “The World's Most Ridiculously Expensive Ticket” as requested through Facebook
  • 19.
  • 20. Online retail’s 3 biggest challenges !   Building without a plan !   Silly behaviour - price !   Technology challenges
  • 21. 3. Technology? All too hard !   Problem: Technology limitations and frustrations !   Solution: Low cost, easy to integrate solutions •  Grow sales •  Create greater consumer engagement •  Improve efficiencies
  • 22. Unlocking The Power of Permission Adore Ambassador Permission Level Love Advocate Referral Like Fan Desire Customer Relevance Remarketing Interact Visitor Earning Prospect permission Aware Suspect Relationship Knowledge & Value
  • 23. 3. Technology solutions Integrated email Welcome programs Purchase within 30 days of registration will significantly increase chance of repurchase and overall lifetime value Source: Forrester Research 
  • 24. 3. Technology solutions Integrated email Welcome programs Purchase within 30 days of registration will significantly increase chance of repurchase and overall lifetime value Source: Forrester Research 
  • 25. 3. Technology solutions Integrated email Cart Abandonment programs Cart abandonment 50% – 60% – 70%? Source: Forrester Research 
  • 26. 3. Technology solutions Integrated email Cart Abandonment programs Source: Forrester Research 
  • 27. 3. Technology solutions Integrated email Cart Abandonment programs Only 17% of top 500 online retailers run CAP’s Silverpop Source: Forrester Research 
  • 28. Unlocking The Power of Permission Adore Ambassador Permission Level Love Advocate Referral Like Fan Desire Customer Relevance Remarketing Interact Visitor Earning Prospect permission Aware Suspect Relationship Knowledge & Value
  • 29. 3. Technology solutions Merchandising and recommendations More relevant offers that increase conversion rates, average order value and improve overall user experience 29
  • 30. 3. Technology solutions Merchandising and recommendations 30
  • 31. 3. Technology solutions Merchandising and recommendations “62% of consumers say they value recommendations when shopping” “When deployed, recommendation engines drive 2-20% of sales” 31
  • 32. 3. Technology solutions Merchandising and recommendations Up to 30% increase in sales per visitor depending on usage & industry. 32
  • 33. 3. Technology solutions Remarketing and Cart Abandonment Programs combined
  • 34. Unlocking The Power of Permission Adore Ambassador Permission Level Love Advocate Referral Fan Social advocacy Like Desire Customer Relevance Remarketing Interact Visitor Aware Prospect Suspect Relationship Knowledge & Value
  • 35. 3. Technology solutions Twritter Social engagement programs Referral Social advocacy
  • 36. So…. !   Assess smart, lower cost technology !   Differentiate price, value and customer experience offering !   Build on your plan
  • 37. Our journey to multi-channel
  • 38. Planning !   Our process to get a product sold on the internet and to a customer !   Pre-planning Multiple team members working to the best of their Always a happy customer ability, yet in an unfocused, unorganised fashion
  • 39. Planning !   Our process to get a product sold on the internet and to a customer !   Post-planning Operations Social Media Reputation Management SEO/SEM E-mail Marketing Organised teams focused on specific capabilities Always a happy customer Applied to specific on-line businesses with clear objectives
  • 41. “Price, Price, Price”? Attentio n Action Interest Desire
  • 42. “Price, Price, Price”? Adore Ambassador Permission Level Love Advocate Referral Like Fan Customer Relevance Desire Remarketing Interact Visitor Earning permission Aware Prospect Suspect Relationship Knowledge & Value
  • 43. Technology !   We know we need to stay ahead of the trends !   What is next, how do we engage and transact
  • 44. So…. !   Assess smart, lower cost technology !   Differentiate price, value and customer experience offering !   Build on your plan
  • 45. Download our free whitepaper Top Ten Tips for Successful Online Retail Marketing wp.permission.com.au jeremy.glass@permission.com.au @permission_syd