couch shopping bsw syndicated study

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  • 8/2/2019 Couch Shopping BSW Syndicated Study

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    BRANDSCAPES WORLDWIDE SYNDICATED STUDY ON

    NON BRICK & MORTAR CHANNELS OF SHOPPING

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  • 8/2/2019 Couch Shopping BSW Syndicated Study

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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

    7

    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

  • 8/2/2019 Couch Shopping BSW Syndicated Study

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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

    17

    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]