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The SoMoLo Imperative
  Social, Mobile, Local Shopping Reaches
  the Tipping Point


#CommerceInMotion
Join the
Conversation!



   #CommerceInMotion
                   2
What is a

SO
MO
LO
Shopper?
            #CommerceInMotion 3
SOCIAL
MOBILE
LOCAL
    #CommerceInMotion 4
Why Did We Study These
 “SoMoLo” Shoppers?




                  #CommerceInMotion 5
Because They’re
 Everywhere…



                  #CommerceInMotion 6
Research Approach
Objective
To pinpoint the expectations of today’s SoMoLo shopper, and
how B2C and B2B businesses are responding and adapting to
these wants and needs

Study Conducted
December 1 - 18, 2011
282 Respondents

Revenue Breakdown
$100M - $500M:        59%
Greater than $500M:   41%




                            Specialty   Electronics   Grocery   Big Box   CPG    Other


                                                                    #CommerceInMotion 7
Scan
This!!       Got
           Local???




         Shopper Demands
         Keep Escalating…
                      #CommerceInMotion 8
57%
expect discounts sent to their phone



46%
expect to place orders via their phone
                                         Mobility Matters
                                                 #CommerceInMotion 9
40%   expect to use QR codes
      to access content on
      their phone




                    #CommerceInMotion 10
50%
expect to shop via tablet




Tablets Are
Triumphant
           #CommerceInMotion 11
(Only)


38%
 expect to use social
sites to browse, shop,
        and buy


            Social: Sizzling, Or Fizzling?
                                 #CommerceInMotion 12
28%
         expect department-specific
          messages and offers to be
         sent to their phones when
           they are inside a store



Locking In on (Micro) Local
                        #CommerceInMotion 13
The Great Divide
         #CommerceInMotion 14
Retail Has a Long
                         Way to Go to Meet
                         SoMoLo Demands
A Long Road…             Customers
                         Expecting
                                                          Retailers
                                                          Delivering

                         46%           Place Orders
                                      via Smartphone      38%
                         42%          Availability and
                                      Pricing on Phone    30%
                         44%           Order Status
                                     Updates on Phone     30%
                         40%          QR Code Access
                                     to Product Content   33%
                         38%         Browse/Shop/Buy
                                       via Social Sites   22%
                         26%          Location-Specific
                                      Offers via Phone    20%
               13%
               average
                         28%           Dept-Specific
                                      Offers via Phone    12%
                 gap

                                             #CommerceInMotion 15
33%     Lack of Corporate
        Commitment

36% New Channels
    Inability to Integrate


36% Across Channels
    Limited Inventory Visibility


25% Support New Challenges
    Stores Unable to



               SoMoLo Roadblocks   #CommerceInMotion 16
Order on Phone---------------------------------------------- 38%
Product Availability/Pricing on Phone--------------- 30%
Order Status and Updates on Phone----------------- 30%
QR Code Access to Content on Phone-------------- 33%
Push Local Offers to Phone When Near Store---- 20%
Department-Specific Offers Inside a Store--------- 12%
Browse/Shop/Buy App via Social Network--------- 22%




                                   Good Intentions…            #CommerceInMotion 17
50%   Currently have no specific mobile commerce
      strategy and/or are just experimenting



30%   Currently have no specific social commerce
      strategy and/or are just experimenting



64%   Currently have no specific local commerce
      strategy and/or are just experimenting




      Strategic Shortcomings?
                                      #CommerceInMotion 18
1. Retailers must adapt to meet the escalating
   demands of the increasingly social, mobile,
   local shopper

2. As a whole, it appears that the industry feels
   the pressure to react

3. Executive commitment, clearly defined
   strategies, and technology plans need to evolve
   quickly to close the gap


            Conclusions & Takeaways
                                                     19
Full Study Available Online
           www.CommerceInMotion.com/feature/SoMoLo-Imperative




                                                      #CommerceInMotion 20
Coming Soon: B2B Study Results



  50%
   of B2B executives indicate that buyer purchasing
   behaviors closely mirror those of consumers



      What Does this Mean to
      their Selling Strategies?
                                        #CommerceInMotion 21
Thank You
David.Bruno@RedPrairie.com

#CommerceInMotion

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The SoMoLo Imperative:Social, Mobile, Local Shopping Reaches the Tipping Point

  • 1. The SoMoLo Imperative Social, Mobile, Local Shopping Reaches the Tipping Point #CommerceInMotion
  • 2. Join the Conversation! #CommerceInMotion 2
  • 3. What is a SO MO LO Shopper? #CommerceInMotion 3
  • 4. SOCIAL MOBILE LOCAL #CommerceInMotion 4
  • 5. Why Did We Study These “SoMoLo” Shoppers? #CommerceInMotion 5
  • 6. Because They’re Everywhere… #CommerceInMotion 6
  • 7. Research Approach Objective To pinpoint the expectations of today’s SoMoLo shopper, and how B2C and B2B businesses are responding and adapting to these wants and needs Study Conducted December 1 - 18, 2011 282 Respondents Revenue Breakdown $100M - $500M: 59% Greater than $500M: 41% Specialty Electronics Grocery Big Box CPG Other #CommerceInMotion 7
  • 8. Scan This!! Got Local??? Shopper Demands Keep Escalating… #CommerceInMotion 8
  • 9. 57% expect discounts sent to their phone 46% expect to place orders via their phone Mobility Matters #CommerceInMotion 9
  • 10. 40% expect to use QR codes to access content on their phone #CommerceInMotion 10
  • 11. 50% expect to shop via tablet Tablets Are Triumphant #CommerceInMotion 11
  • 12. (Only) 38% expect to use social sites to browse, shop, and buy Social: Sizzling, Or Fizzling? #CommerceInMotion 12
  • 13. 28% expect department-specific messages and offers to be sent to their phones when they are inside a store Locking In on (Micro) Local #CommerceInMotion 13
  • 14. The Great Divide #CommerceInMotion 14
  • 15. Retail Has a Long Way to Go to Meet SoMoLo Demands A Long Road… Customers Expecting Retailers Delivering 46% Place Orders via Smartphone 38% 42% Availability and Pricing on Phone 30% 44% Order Status Updates on Phone 30% 40% QR Code Access to Product Content 33% 38% Browse/Shop/Buy via Social Sites 22% 26% Location-Specific Offers via Phone 20% 13% average 28% Dept-Specific Offers via Phone 12% gap #CommerceInMotion 15
  • 16. 33% Lack of Corporate Commitment 36% New Channels Inability to Integrate 36% Across Channels Limited Inventory Visibility 25% Support New Challenges Stores Unable to SoMoLo Roadblocks #CommerceInMotion 16
  • 17. Order on Phone---------------------------------------------- 38% Product Availability/Pricing on Phone--------------- 30% Order Status and Updates on Phone----------------- 30% QR Code Access to Content on Phone-------------- 33% Push Local Offers to Phone When Near Store---- 20% Department-Specific Offers Inside a Store--------- 12% Browse/Shop/Buy App via Social Network--------- 22% Good Intentions… #CommerceInMotion 17
  • 18. 50% Currently have no specific mobile commerce strategy and/or are just experimenting 30% Currently have no specific social commerce strategy and/or are just experimenting 64% Currently have no specific local commerce strategy and/or are just experimenting Strategic Shortcomings? #CommerceInMotion 18
  • 19. 1. Retailers must adapt to meet the escalating demands of the increasingly social, mobile, local shopper 2. As a whole, it appears that the industry feels the pressure to react 3. Executive commitment, clearly defined strategies, and technology plans need to evolve quickly to close the gap Conclusions & Takeaways 19
  • 20. Full Study Available Online www.CommerceInMotion.com/feature/SoMoLo-Imperative #CommerceInMotion 20
  • 21. Coming Soon: B2B Study Results 50% of B2B executives indicate that buyer purchasing behaviors closely mirror those of consumers What Does this Mean to their Selling Strategies? #CommerceInMotion 21