couch shopping bsw syndicated study
TRANSCRIPT
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BRANDSCAPES WORLDWIDE SYNDICATED STUDY ON
NON BRICK & MORTAR CHANNELS OF SHOPPING
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Background
Net Commerce: Market size
of INR 8,146 Cr in 2007INR 31,598 Cr by year 2010*
E-tailing: Grown from INR
978 Cr in year 2007 INR
1,550 in year 2009*
More internet users, moreavenues
Homeshopping has gained in
popularity Rs 880 crores
(a growth of 22% in 2010)#
*Source: Report on Online Commerce, March 2011, by e -Tech group IMRB and IAMAI
# Source: Report on Homeshopping India, March 2011, by Euromonitor
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HOW IMPORTANT IS THE FUTURE TO YOU?
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THE CONSUMER MAKES DECISIONS ON BRAND SELECTION, PRODUCT,
PRICE DECISIONS FROM THE COUCH!
ARE YOU READY TO INFLUENCE THE COUCH SHOPPER?
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The Shopping Landscape has morphed: Has your Marketing Strategy kept up?
* People who buy only travel/movie//event tickets online or buy only financial products like shares,
mutual funds, insurance etc. online are included in our definition of Couch Shopper, but CouchShoppers online behaviour would be profiled4
Marketing Objectives Our Study
How has the shopping
landscape changed?
Emerging new channels, new players, new access points:
overview, usage ,triggers & barriers to emergent channel
adoption
How strong is your
couch channel?
How does the couch shopper perceive different channels,
benchmarking, how well known, trusted?
Who should we target? Profile of couch shoppers, segmentation, opportunity analysis -low hanging fruits, challenges
How should we targetthem?
Segment attributes, value propositions, what resonates withthem, Couch Purchase/ Research habits- How does the
consumer decide loyalty? what are their buying decisions based
on ,who influences? what converts couch-research to purchase?
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WHAT WILL YOU LEARN FROM THIS STUDY?
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ABOUT THE CONSUMER:
WHO USES EMERGING CHANNELS?
HOW DO THEY MAKE DECISIONS?
FOR THE MARKETERS:
DOES YOUR COMPETITION HAVE THEIR ONLINE ACT TOGETHER?WHAT TURNS A CONSUMER ON OR OFF ONLINE BUYING?
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THE COUCH CHANNELS:
ONLINE PORTALS, MOBILE
AND TV SHOPPING:
Fact: Consumers are online. Mobile, Laptops,
Tablets, Social Media. They are being influenced
all the time.
Are you on their radar screens? Or is the
competition doing better than you?
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Know the Channel: Overview *
Brands Own
Portal
Multi-
BrandPortals
Group
Buyingsites**
Bidding/Auction sites
MobileShopping
TVShopping
*See additional slides at the back for detailed information areas
** Based on interest, sample size: Suspect still very small in India
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What avenues for online purchase are out there?How are they used?What channel is most effective in converting an online purchasetoday?
Benchmarking: which sites are top-of-mind for consumers?What does the purchase experience, Conversion Ratio andSatisfaction Ratio look like across players in these channels?
Globus
FabIndia
Fastrack
Snapdeal
Dealsandyou
Mydala
Taggle
Sosasta
eBay
bidjeeto.com
nilami.in
bids10
HomeShop18
StarCJ
TVC Skyshop
Telebrands India
Future Group
Shoppers Stop
The Mobile Store
Next
Flipkart
SMS
Location-
based
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THE COUCH CONSUMER: ONLINE
SHOPPING, MOBILE AND TV SHOPPING:
Fact: Youth are increasingly spending online. They are
the key spenders in the next few years over 50%
internet users are under the age of 25.
Is your youth marketing strategy effective?
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Know the Consumer: Attitudes and Perceptions
Basic demographics, TV/ internet/ Mobile usage
Credit card ownershipWho is your target?
Do they research online?
Does it convert to a purchase?How often do they buy?
How do they decide: Brand, Price, Outlet? Do they browse in-store? How important is a sales
person in this case?The Decision making process
Do their budgets change?
What decides budget? Brand, ease of buying,
shipping?
Budgets
Where does this gadget come in?
Location based targeting effective? Necessary?*Importance of the mobile
phone
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COUCH SHOPPER SEGMENTATION: ONLINE, MOBILE AND
TV SHOPPING
Fact: Couch Shopper needs vary and they shopdifferently.They are influenced in multiple ways.
Have you got the segmentation right?
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Know the Couch Consumers: Attitudes and Profiling the segments
Consumers who browse and research online but shop
in-storeBrowsers
Browse online and buy there too?
They might visit shops too before buying onlineSpenders
Heavy | Medium | LightSpender Type
Not only buy online but also comment in forums and isknown as a go-to person
Influencer
Media consumption
Online habits
Most-trusted versus Most-visited
Agents of Influence
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BARRIERS & TRIGGERS: COUCH
SHOPPING: ONLINE, MOBILE AND TV
SHOPPING:
Fact: Some people just won't buy online.
Some are open to buying but need
persuasion. Some are turbo-buyers and
you need to get on their radar at all costs.
Do you know what their hot-buttons
are?
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Know Barriers & Triggers: What's the difference between buy & "naah"?
What makes a consumer buy online?
Is there a killer a-ha that makes one prefer an onlinetransaction?
Triggers
Why does a consumer browse online but buy in-store?
What prevents a consumer from making a repeatpurchase online?
Barriers
Are online channels and where to buy online well-known?
Is process complicated? Are consumers aware of how-to buy online?
Awareness
Ease of search
Ease of payment
Fulfillment and returns
Purchase Experience
Comparing websites, TV channels
Analysis of conversion ratios and satisfaction indexPerception of Existing
Channels
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METHODOLOGY & SAMPLING
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A DEEP-DIVE ON THE COUCHSHOPPER BASE IN INDIA
= 34.5 MILLION [JUXT NEW AGE MARKET RESEARCH]
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Who we will speak to: CHANNEL -12 Senior Executives Across:
Portals
3 each: SingleBrand &
Multibrand
Any 2 GroupBuying Sites
Any 2 Auction/Bidding Sites
Any 2Shopping TVChannels
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Examples:
Globus
FabIndiaFastrack
Future Group
Shoppers Stop
The Mobile Store
Next
FlipkartInfibeam
Letsbuy
Examples:
Snapdeal
DealsandyouMydala
Taggle
Sosasta
Dealsface
Koovs
Dealivore
Examples:
eBay
bidjeeto.comnilami.in
bids10
bassabids
spicybids
nilaami.in
Examples:
HomeShop18
StarCJTVC Skyshop
Telebrands India
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Consumers: Across 4 tiers All India (Cities are indicative of tier)
Tier City Research Online |Buy In-store
Research Online |Buy online
Buy TVC Total
Metro 1 Delhi 250 250 150 650
Metro 1 Mumbai
Metro 2 Bangalore/ Chennai 250 250 150 650
Metro 2 Kolkata
Metro 2 Pune
Mini Metros Jaipur/ Kanpur 150 200 150 500
Mini Metros Kochi/ Coimbatore
Mini Metros Guwahati
Emerging Mkts Mangalore 150 200 150 500
Emerging Mkts Solapur
Emerging Mkts Bhubaneshwar
Total 800 900 600 2300
Target Audience: Online, Internet users, TVC shoppers
18-60Yrs, Male and Female
Mobile shopping to be covered across all groups
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Quotas
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45 years and above
They will comprise a total of 100 in each of the three segments The bulk of the interviews will be with 18-45 years
Females
A minimum of 200 each in the two online segments (50 in each
Tier)
TVC Shoppers
Each gender to have a minimum sample size of 200
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SCHEDULE AND INVESTMENT
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Proposed Schedule
Fieldwork launch : October 2011
Report : March 2012
Investment
Early Bird Price* : Rs 2,70,000/-
Regular Subscription : Rs 3,40,000/-
Service Tax at prevailing GOI rates would be chargedon this amount
Payment Terms
50% advance subscription 50% on receipt of report
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HOW IMPORTANT IS THE FUTURE TO YOU?
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MULTIPLE CHANNELS FOR BRAND SELECTION, PRODUCT,PRICE DECISIONSARE IN USE
ARE YOU READY?
CONTACT [email protected]
mailto:[email protected]:[email protected]:[email protected]:[email protected]