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Growing YOUR There’s an overwhelming array of ways marketers can grow their                                                  It’s True...There are MAJOR benefits of expanding your
DIRECT ECOMMERCE direct ecommerce presence. How do you know which is best for your brand?                                    direct ecommerce presence.
                                                                                                                               • Delivers considerably higher margins
Presence                                                                                                                       • Supplies expanded reach for distribution
Fiction                                                                                                                        • Provides access to customer data
& Fact                                Typically consumers who buy from a brand’s website
                                      are a SUBSET of brand buyers.
                                                                                                                               • Offers opportunities to develop customer insights
                                                                                                                               • Meets consumers expectations to be able to buy brands directly
                                      FICTION: Direct online buyers have the                                                   • Presents a much richer brand experience via the brand’s website
                                      SAME needs as overall brand buyers.
                                      FACT:They have a DISTINCT set of needs.                             There are many different types of online shoppers on your site.
                                                                                                          FICTION: These groups have similar needs and wants from the online shopping experience.
                                                                                                          FACT: Not only do they have different needs, the mix and value                                       Broad
                                                                                                                                                                                                              Selection
                                                                                                          of these groups depends on the category and brand.                                  Retail
                                                                                                                                                                             Family           Haters
                                                                                                                                                                Bargain    Provisioner
                                                                                                                                                     Latest &   Hunter
                                                                                                                                         Broswer/    Greatest
                                                                                                                                        Researcher




                                                                                                  Who shops online will vary by category.
                                                                                                  FICTION: Understanding general online behavior provides enough
                                                                                                  information on which to base an ecommerce strategy.
                                                                                                  FACT: Any given person can behave VERY DIFFERENTLY with
                                                                                                                                                                                              –>
                                                                                                                                                                             >–
                                                                                                  different brands or on different sites.




                                                                                                                                                                                   >–
                                                                                                                                                                      Broad                        Latest &
                                                                                                                                                                     Selection                     Greatest
                                                                                                                                                                                    Bargain
                                                                                                                                                                                    Hunters
                         CREATE
                        Hundreds of
                                      —>            TEST
                                                To identify
                                                              —>      PRODUCE
                                                                       Optimal
                         Variables            characteristics        Segmentation
                       – Attitudes            of people who
                       – Site Needs          are profitable for
                                                                                           JUST THE FACTS: Identifying and describing a good
                                                                                                                                                                                                       5%
                                                                                                                                                                                 23      %
                       – Buying Behaviors    your ecommerce                                                                                                                                                   2%
                       – Demographics               SITE                                   ecommerce target provides clear guidance on
                       – Brand Segment Membership
                                                                                           site design, strategies, and tactics.

                                                                                                                                                                                                       31
                       – Database data
                                                                                            A: Understand the basics of your online buyers.
                                                                                            B: Pinpoint the segment that is the most profitable
                                                                                                                                                                16% Ecommerce Profits
                                                                                                                                                                       % of Direct                                 %
                                                                                                                                                                           25        %
                                                                                               to the ecommerce site.
                                                                                            C: Let the target segment drive the creation of




                                                                                                                                                                                          –>
                                                                                               digital personas, site design, tools, and
                                                                                               site “positioning.”
                                                                                                                                                                             LOOK who’s MOST important?

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Growing Your Direct Ecommerce Presence: Fiction and Fact

  • 1. Growing YOUR There’s an overwhelming array of ways marketers can grow their It’s True...There are MAJOR benefits of expanding your DIRECT ECOMMERCE direct ecommerce presence. How do you know which is best for your brand? direct ecommerce presence. • Delivers considerably higher margins Presence • Supplies expanded reach for distribution Fiction • Provides access to customer data & Fact Typically consumers who buy from a brand’s website are a SUBSET of brand buyers. • Offers opportunities to develop customer insights • Meets consumers expectations to be able to buy brands directly FICTION: Direct online buyers have the • Presents a much richer brand experience via the brand’s website SAME needs as overall brand buyers. FACT:They have a DISTINCT set of needs. There are many different types of online shoppers on your site. FICTION: These groups have similar needs and wants from the online shopping experience. FACT: Not only do they have different needs, the mix and value Broad Selection of these groups depends on the category and brand. Retail Family Haters Bargain Provisioner Latest & Hunter Broswer/ Greatest Researcher Who shops online will vary by category. FICTION: Understanding general online behavior provides enough information on which to base an ecommerce strategy. FACT: Any given person can behave VERY DIFFERENTLY with –> >– different brands or on different sites. >– Broad Latest & Selection Greatest Bargain Hunters CREATE Hundreds of —> TEST To identify —> PRODUCE Optimal Variables characteristics Segmentation – Attitudes of people who – Site Needs are profitable for JUST THE FACTS: Identifying and describing a good 5% 23 % – Buying Behaviors your ecommerce 2% – Demographics SITE ecommerce target provides clear guidance on – Brand Segment Membership site design, strategies, and tactics. 31 – Database data A: Understand the basics of your online buyers. B: Pinpoint the segment that is the most profitable 16% Ecommerce Profits % of Direct % 25 % to the ecommerce site. C: Let the target segment drive the creation of –> digital personas, site design, tools, and site “positioning.” LOOK who’s MOST important?