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© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 1	

500 Million People and
Growing: The Facebook
Conversation Turns to
Commerce
Socially-Acceptable Selling
on Facebook
Selling in Social NetworksDMA Social Spotlight: October 27, 2010
Presented by John Corpus, CEO
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 2	

Agenda
  Why online merchants should consider selling within
Facebook
  Options for social commerce
  Social commerce is not about shopping
  Unique dynamics about selling within Facebook
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 3	

Social Commerce
The marriage of Social Networking and eCommerce
Social Networking
$6B Channel Opportunity
Growing 2X Search
1B Members Worldwide
Spending to Grow 17%
Virtual Goods $35M - Facebook
eCommerce
$230B Sales 2009
9% growth projected 2008 to
2013
1 Million Ecommerce Sites
63 Million US Households
Social 	

Commerce	

500 Million People and Growing….	

…the Conversation turns to Commerce.
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 4	

Facebook: The Place to Be
•  Facebook is the leading online social network
•  #1 most visited website surpassing Google this year
•  More than 500 million active users - worldwide
•  Grows at a rate of 5 to 6 million new users per week
•  More than 50% log on at least once a day
•  Average user spends 55 minutes per day
Sources: Facebook.com and PersoanlizeMedia.com
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 5	

Facebook: Already a Commerce Platform
•  1.5 million businesses on Facebook
•  100 million+ active users via mobile apps
•  $76,373,905 spent on Facebook gifts annually
•  $630,084,720 made in advertising revenue on Facebook
•  The most active platform for social commerce
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 6	

Social Commerce Options
1.  Promote Brand Loyalty
Starbucks, Oreo Cookies, Skittles, etc
2.  Drive Fans to Website
Majority of online merchants use this approach
3.  Reshape the buying experience
Uncover new opportunities and new customers
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 7	

1. Promote Brand Loyalty
Facebook fans spend an
additional $71.84 annually
on consumer products than
non-fans. They are also 41
percent more likely to
recommend them and 28
percent more likely to
continue using them.*
*Forbes
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 8	

2. Drive Fans to Website
Facebook to …	

….the Web
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 9	

3. Reshape the Buying Experience
Lakers win!	

Get Championship	

Pack Here	

Lakers Rule!	

I am getting it now	

Kobe Rocks!	

I am getting one too	

It’s not about Shopping, 
It’s all about the Conversation
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 10	

Key Social Commerce Ingredients
•  Contextual Mix
•  Profile Driven
Social Product
Catalog
•  Merchant Post
•  Viral Fan
Promotion
Social
Merchandising
•  Instant Buy
•  All Facebook
Process
Secure Order
Processing
Order Fulfillment	

Pick * Pack * Ship	

Reshaping the Buying	

Experience
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 11	

Viral, Instant, Contextual
Viral, Instant and Contextual	

2,789 Likes, 256 Comments	

Sold Out in Less than 2 Hours	

We make buying on Facebook Easy and Fun
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 12	

“Social” Product Catalog
•  Ideally, within Facebook
•  Not everything in your catalog – be selective
•  Contextual – profile-driven storefront
•  Embedded Viral or Sharing Services
•  Use of “LIKE” button and other recommendation tools
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 13	

Example: Social Product Catalogs
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 14	

Social Merchandising
•  Merchants - initiate great conversations, promote relevant
products, reward participation
•  Fans/Customers – extend the conversation, recommend what
you like (note: not all fans are equal)
•  Software providers – make it easy, make it natural
WORD OF MOUTH	

The ultimate form of merchandising	

The activity of promoting the sale of goods
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 15	

Social Merchandising – Merchant Role
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 16	

Social Merchandising - Fan’s role
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 17	

Social Merchandising – Wall Buys
Taking your Products to the Wall
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 18	

Social Commerce - Barriers
•  Questions about Security  Privacy
•  Questions about ROI - Return on Investment
•  Competing Priorities
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 19	

Social Commerce – Security Layers
Facebook Commerce Payment
Security’s Compromise is Convenience	

Each layer has its own rules on privacy and security
Social Profile	

• Name	

• Gender	

• Geo	

• Other…	

Commerce Profile	

• Log-On/Password	

• Product Selection	

• Billing/Shipping	

Payment Profile	

- Credit Card #
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 20	

Social Commerce Barriers
Simple ROI Model
•  Passionate Fan Base* 5000
•  Monthly Conversion Rate .01 (50 customers)
•  Average Sale Price $30
•  Total Monthly Sales $1500
Cost	

• Time  Tools
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 21
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 22	

Key Take-a-ways
•  Social Commerce is already here
•  Privacy  Security can be effectively managed
•  Think differently about Facebook – its not about shopping
•  Learn by doing – now is the time to jump in
Contact Milyoni for a Full Product Demo
Go to www.milyoni.com
© 2010 Milyoni, Inc.All rights reserved.	

 Milyoni Confidential	

 23	

QA
John Corpus
CEO
Milyoni, Inc.
john@milyoni.com

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Socially Acceptable Selling

  • 1. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 1 500 Million People and Growing: The Facebook Conversation Turns to Commerce Socially-Acceptable Selling on Facebook Selling in Social NetworksDMA Social Spotlight: October 27, 2010 Presented by John Corpus, CEO
  • 2. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 2 Agenda   Why online merchants should consider selling within Facebook   Options for social commerce   Social commerce is not about shopping   Unique dynamics about selling within Facebook
  • 3. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 3 Social Commerce The marriage of Social Networking and eCommerce Social Networking $6B Channel Opportunity Growing 2X Search 1B Members Worldwide Spending to Grow 17% Virtual Goods $35M - Facebook eCommerce $230B Sales 2009 9% growth projected 2008 to 2013 1 Million Ecommerce Sites 63 Million US Households Social Commerce 500 Million People and Growing…. …the Conversation turns to Commerce.
  • 4. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 4 Facebook: The Place to Be •  Facebook is the leading online social network •  #1 most visited website surpassing Google this year •  More than 500 million active users - worldwide •  Grows at a rate of 5 to 6 million new users per week •  More than 50% log on at least once a day •  Average user spends 55 minutes per day Sources: Facebook.com and PersoanlizeMedia.com
  • 5. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 5 Facebook: Already a Commerce Platform •  1.5 million businesses on Facebook •  100 million+ active users via mobile apps •  $76,373,905 spent on Facebook gifts annually •  $630,084,720 made in advertising revenue on Facebook •  The most active platform for social commerce
  • 6. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 6 Social Commerce Options 1.  Promote Brand Loyalty Starbucks, Oreo Cookies, Skittles, etc 2.  Drive Fans to Website Majority of online merchants use this approach 3.  Reshape the buying experience Uncover new opportunities and new customers
  • 7. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 7 1. Promote Brand Loyalty Facebook fans spend an additional $71.84 annually on consumer products than non-fans. They are also 41 percent more likely to recommend them and 28 percent more likely to continue using them.* *Forbes
  • 8. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 8 2. Drive Fans to Website Facebook to … ….the Web
  • 9. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 9 3. Reshape the Buying Experience Lakers win! Get Championship Pack Here Lakers Rule! I am getting it now Kobe Rocks! I am getting one too It’s not about Shopping, It’s all about the Conversation
  • 10. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 10 Key Social Commerce Ingredients •  Contextual Mix •  Profile Driven Social Product Catalog •  Merchant Post •  Viral Fan Promotion Social Merchandising •  Instant Buy •  All Facebook Process Secure Order Processing Order Fulfillment Pick * Pack * Ship Reshaping the Buying Experience
  • 11. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 11 Viral, Instant, Contextual Viral, Instant and Contextual 2,789 Likes, 256 Comments Sold Out in Less than 2 Hours We make buying on Facebook Easy and Fun
  • 12. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 12 “Social” Product Catalog •  Ideally, within Facebook •  Not everything in your catalog – be selective •  Contextual – profile-driven storefront •  Embedded Viral or Sharing Services •  Use of “LIKE” button and other recommendation tools
  • 13. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 13 Example: Social Product Catalogs
  • 14. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 14 Social Merchandising •  Merchants - initiate great conversations, promote relevant products, reward participation •  Fans/Customers – extend the conversation, recommend what you like (note: not all fans are equal) •  Software providers – make it easy, make it natural WORD OF MOUTH The ultimate form of merchandising The activity of promoting the sale of goods
  • 15. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 15 Social Merchandising – Merchant Role
  • 16. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 16 Social Merchandising - Fan’s role
  • 17. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 17 Social Merchandising – Wall Buys Taking your Products to the Wall
  • 18. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 18 Social Commerce - Barriers •  Questions about Security Privacy •  Questions about ROI - Return on Investment •  Competing Priorities
  • 19. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 19 Social Commerce – Security Layers Facebook Commerce Payment Security’s Compromise is Convenience Each layer has its own rules on privacy and security Social Profile • Name • Gender • Geo • Other… Commerce Profile • Log-On/Password • Product Selection • Billing/Shipping Payment Profile - Credit Card #
  • 20. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 20 Social Commerce Barriers Simple ROI Model •  Passionate Fan Base* 5000 •  Monthly Conversion Rate .01 (50 customers) •  Average Sale Price $30 •  Total Monthly Sales $1500 Cost • Time Tools
  • 21. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 21
  • 22. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 22 Key Take-a-ways •  Social Commerce is already here •  Privacy Security can be effectively managed •  Think differently about Facebook – its not about shopping •  Learn by doing – now is the time to jump in Contact Milyoni for a Full Product Demo Go to www.milyoni.com
  • 23. © 2010 Milyoni, Inc.All rights reserved. Milyoni Confidential 23 QA John Corpus CEO Milyoni, Inc. john@milyoni.com