3. thekey to success is E-commerce…making sales, either online or offline 3
4. Online shoppers don’talways purchase online Online research influencesin-store purchases 4 45% of in-store purchases now are influenced by online research (1) 53% of total retail sales will be influenced by 2014 (2) Sources: (1) Forrester 2009, (2) Forrester March 2010
5. The definition of “e-commerce” sales can be misleading… Anyelectronic order made over the internet could be included 5
7. Today we will Cover the reasons customers go online. Develop a list of what is important and expected by both DIY and professional service providers. Identify and review the top retail and manufacturer sites. Present a checklist as a guide to improve your site. 7 Content is King
8. How Big is E-Commerce? E-Commerce vs. Total U.S. Retail Sales 8 2012 10.7% - $334.7 b - (non-travel, full year est.)(2) Largest by percentage - est. 2012 (2) 55% - $37.1 b - Computer hardware & software 43% - $9.7 b - Event tickets 35% - $15.4 b - Gift cards & certificates 35% - $11.7 b - Music & videos 32% - $13.2 b - Toys & video games 30% - $3.1 b - Baby products 29% - $29.5 b - Consumer Electronics 4% - $30.9 b - Autos & auto parts 2009 3.6% $131.8 b (1) 254% Increase Sources: (1) eMarketer/Plunkett Research, Ltd 2010; (2) Forrester Research, Inc & data from North American Technographics Benchmark Survey, 2007 - Forecast U.S. eCommerce (non-travel) 2007-2012
9. Why Shop Online? All Consumers/All Products (1) 71% - Of U.S. consumers are using the internet (2) Price is not the driving force for using the internet 9 Sources: (1) Nielsen Online survey 2007, eStudy by BizRate 2007, (2) SEMA Research & Information Center 2007
10. Online Activities Percentage of Internet Users Surveyed Source: Pew Internet & American Life Project, Plunkett Research, Ltd. 2010 10
11. Auto Parts - DIY 80% - Use for high dollar parts, especially accessories 11 Source: TLG - The Langer Group 2010
12. Auto Parts - DIFM Professionals Source: TLG - The Langer Group 2010 12
13. Auto Parts Professional Technicians Use the Web 13 Source: Babcox Internet Study 2007
14. Auto Parts Professionals Use the Web 14 Use aftermarket manufacturers’ web catalog Technicians look up their own parts Use manufacturers’ web catalog over 20% of the time Use full line catalog (store) Source: NCMA Catalog Use Survey 2008
15. Professionals Use the Web Next three slides are details of information from NCMA surveys of counter personnel, technicians and professional service providers. We’ll go through these VERY quickly in this presentation, but we wanted to include this information so when you download the presentation you will have the details and be able to study them more closely. 15
16. Counter personnel and service providers 16 What is Important to Professionals Source: NCMA Catalog Use Survey 2008
17. What is Important to Professionals Full-line (retail) electronic catalogs What is Important in Full-Line Electronic Catalogs to Professionals? Source: NCMA Catalog Use Survey 2008 17
18. What is Important to Professionals Manufacturers’ online catalogs What is Important in Manufacturers' Online Catalogs to Professionals? 18 Source: NCMA Catalog Use Survey 2008
29. Looking for “Auto Parts” (based on the number of times listed on first page of Google Search results) Top Sites Advance Auto Parts Auto Parts Warehouse JC Whitney NAPA Online Parts Train Pep Boys 21
30. Search Engine Optimization SEO is a seminar in itself…however, to improve search results Frequent updates of key words in page headers, text and image captions Metatags Loading news releases, newsletters Use blogs and forums for technical and installation tips Product features & benefits Product & performance specifications Installation instructions 22
49. Look up by Product Category, Job, Part No. Recommend related jobs, related products 27
50. Benchmark Checklist Troubleshooting information should be provided so products are not needlessly replaced Replacement and installation instructions System training Manufacturers and retailers usually offer phone and e-mail options or store locations 28
51. Look up Part No. Job diagram links common solutions 29
54. Making sales is the key to success Manufacturers B2B in secure are for approved customers only Retail stores B2B and/or B2C in secure area for approved customers B2C in public area with security for customer information Some refer customers to brick-and-mortar store locations Benchmark Checklist 32
72. “An organization’s ability to learn, and translate that learning into action rapidly,is the ultimate competitive advantage.” Jack Welch, former CEO of General Electric “It’s simple, but not easy.” Lou Epstein, The Partnership Foundation
73. 46 THANK YOU. TOM MARX CEO/President tmarx@themarxgrp.com 415.453.0844 ext. 106 JOHN NODSON Market Specialist jhnodson@themarxgrp.com 914.482.0683 To download the Benchmark Checklist visit www.themarxgrp.com/benchmarkchecklist.pdf