m-commerce and the new customer journey
DESCRIPTION
Presentation from Mobile Marketing Association Forum NYC, May 2013, focusing on the new 4 Ps of digital.TRANSCRIPT
Mobile Marketing Association
RACHEL PASQUA
Principal
Token
NOAH ELKIN
Principal Analyst
eMarketer
Mobile Marketing Association
Mobile. Social. Ambient. M-Commerce and the New Customer Journey
Mobile Marketing Association
The digital ecosystem in 2005
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The digital ecosystem in 2013
Digital Out Of Home, Theaters, Connected TVTablets
Laptop
Connected Consoles
Wearable Technology
Desktop
Digital Kiosks
Smartphones
Phablets
Social Machines
Apps
Ambient Surfaces
Connected Cars
AKA The Omnichannel
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Now, purchase decisions are made anytime, anywhere.
Mobile Marketing Association
It’s a wave of change felt by big-box retailers …
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… and mom-and-pop shops alike.
Mobile Marketing Association
And there is NO type of business it has not touched.
Mobile Marketing Association
The opportunity to find the best possible product or service regardless of location, through the convergence of social networks and mobile devices.
What’s in it for consumers?
Not just of money but of time. Mobile makes it easier to find the the best product, for the best price, as well as to redeem offers and build loyalty—all as quickly and easily as possible.
Choice Savings
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• Benefits: Numerous new opportunities to influence, convert, and activate their customers.
What’s in it for brands?
• Challenges: The need to adapt to an ever-expanding ecosystem of devices and channels.
• Pitfalls: The very real possibility of failure if they don’t adapt fast enough.
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Everything about m-commerce is a win-win for consumers.
Only brands have something to lose.
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The omnichannel adds layers of complexity
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Customers expect seamless shoppingBrands will succeed in the m-commerce ecosystem by creating the right experience, across multiple platforms and channels, for each unique customer.
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PriceProduct
PlacePromotion
The New Four Ps of Digital
XPortabilityProximity
PreferencesPresence
Creating these seamless, uniquely contextual customer experiences will hinge on four new pillars that are shaping digital marketing.
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Portability: Content that is accessible, useful, and usable across each digital touchpoint in each customer’s unique ecosystem.
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It’s about portability of not just .com content but the whole user experience, from payments to account info, in the most useful, usable way.
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Proximity: Content that is relevant to where the customer is, physically and metaphorically, in his or her unique journey.
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It’s about creating timely, localized content as well as messaging, advertising, and offers that optimize the real-time customer experience.
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Preferences: Content and functionality that are contextually shaped by the customer’s unique needs, both inferred and volunteered.
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At this stage, preference-based content and features tend to require user action. Over time, this level of customization will become effortless, courtesy of preset
and behavioral criteria plus layers of contextual data such as location.
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Presence: Brand/consumer interactions that are initiated according to a customer’s conditional receptivity—the nirvana of mobile marketing and
commerce that is just beginning to take shape ….
Available to wife and
mom 24/7.
Available to Starbucks and
Subway Monday through Friday from 11-1PM in
any geolocation.
Available to receive coupons and incentives from EMS for hiking and
camping gear at any time.
Open to messages and
local content from BMW for the next
3 months.
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The M-Commerce Ecosystem
Mobile Marketing
Mobile Merchandizin
gMobile CRM
Getting them to the store—
brick and mortar or
online.
Getting them to the register—physical or
virtual.
Keeping them connected and coming back.
The key for brands to succeed in m-commerce lies in understanding how the new 4 Ps of digital play out in the key spheres of the mobile shopping ecosystem.
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The 4Ps and mobile marketing
Activation of offline and traditional media channels using mobile triggers; customization of messaging based on
data and intent.
Cross-platform visibility through search and social channels with
targeted, multiplatform campaigns.
Portability
Proximity
Getting your customers into the store, online or offline, by activating omnichannel awareness.
All content and messaging must be discoverable, usable and contextually
relevant content across multiple devices and multiple interfaces.
Portability and Preferences
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Mercedes-Benz uses the mobile web to lend portability to the Mercedes brand message with editorial, video, and other experiential content.
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The 4Ps and mobile merchandizing
Offering multiple real-time forms of payment and redemption.
In-store experiences activated by mobile devices and contextualized for
the user.
Presence
Getting your customers to the physical (or virtual) register by facilitating ease-of-use in the shopping experience.
Portability
Content, messaging, offers relevant to device, person, and place.
•Content based on past behaviors•Content based on
stated preferences•Offers and options
based on both
Preferences andProximity
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Tesco’s virtual supermarket eases the path to the register by bringing the store to the consumer via mobile activation.
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The 4Ps and mobile CRM
Activation of offline and traditional media channels using mobile triggers.
Creating a virtuous cycle of customer loyalty and advocacy through superlative experiences.
Create a more personalized, contextually relevant customer experience across all touchpoints.
Preferences/Portability
Desktop
Digital Out Of Home and
Cinema
Tablet Phone
Digital Television
Ambient
Support cross-channel customer advocacy through social and mobile delivery channels.
Contextually relevant, preference-based, conditional offers and alerts via email, text, and
push messaging.
Proximity/Presence
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Walgreens scan-to-refill function uses personalized, preference-based functionality to enhance the customer experience in the CRM phase.
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Multiple channels.Multiple devices.
Multiple platforms.One seamless customer experience.
It’s not enough to design responsively—brands have to behave responsively.
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More information: www.mobileanhouraday.com
Buy online:http://amzn.to/Tx5jVg
"Nothing gets you closer to your consumer than mobile. And nothing gets to closer to mobile marketing perfection than Mobile Marketing:
An Hour a Day.”— Greg Stuart, CEO, Mobile Marketing Association and Co-Author of
What Sticks
"Elkin and Pasqua expertly detail the mobile landscape, tactics, and tools available to today's mobile marketer. This is a must-read.”
— Sara Holoubek, CEO, Luminary Labs
"This book is filled with clear, well thought-out strategic guidance on all things mobile, with expert perspectives to help customize the strategy
on an individual business (and budget) level.” — Joy Liuzzo, President, Wave Collapse
"This is now my go-to book for mobile. Not only does it have the brain trust going for it, but it also has the data to back it up.”
— Rob Garner, author of Search and Social: The Definitive Guide to Real-Time Content Marketing
Mobile Marketing: An Hour a Day
Mobile Marketing Association
@noahelkin
Connect with us
www.linkedin.com/in/noahelkin
@rachelpasqua
www.linkedin.com/in/rachelpasqua
www.token.com
www.emarketer.com