valtech : digital-convergence
TRANSCRIPT
Shiv Kumar MNPractice Head – eCommerce
Valtech India
Creative
DigitalMarketing
Technology
Customer Experience
Convergence of Digital Commerce Trends
Commerce continues to be customer-centric, there is no change!
As with transformational shifts, the Digital Commerce lost its plot initially….
Customer driven experience demands….
When you do not deliver a superior experience in a particular channel, the customers do not blame the channel, they blame your brand
Convergence.
Market forecasts
World-wide 2014 B2C eCommerce $1.5 trillion(1)
2014: For the first time, consumers in Asia-Pacific will spend more on ecommerce purchases than those in North America(2)
(1), (2): eMarketer research Feb 2014
(3): Shop.org Jan 2014
(4): RAI, Octane.in: India Retail e-Marketing Study 2013
2014: Average 135% y-o-y growth in sales from smartphones and 86 percent from tablets (3)
71% of India retailers plan to increase social media marketing budget (4)
“Online, offline, it’s gotta be the same”
Angela Ahrendts, Burberry Ex-CEO
Customer words and facts….
“In my business, average in-fashion time is about 6-weeks, and driven by mobile savvy on-the-go
youth. I know how to manage my brick-and-mortar store, tell me how do I keep my digital commerce aligned to our fast market” – Fast
youth fashion retailer from Australia
“We want an Ecommerce platform localized for 23
countries” – Pan-European office supplies company
“We want to be closer to our customer, ideally in his pocket” – World’s leading Industrial gases company from Germany
“Luxurious digital experience for our customers, in-store, online and on-the-
device” – World’s leading French luxury and fashion company
eCommerce is Human to Human(H2H)
Credit: H2H: a term conceptualized by Bryan Kramer
Personalized content
Awesome interactions
Exceptional Service
H2H demands a
Cultural shift of
valuing your customers. Not
merely treating them as a category, segment or business unit….
Credit: H2H: a term conceptualized by Bryan Kramer
Progressive Convergence Strategy
AudienceFocused
ContentFocused
PlatformFocused
Why do we need to build a platformand not a website?
A new touch point for the same consumer at different stages and times!
Customer Touch-points
Our digital solutions empower marketing to brand, reach, engage with
customers like never before.
A well-rounded Strategic Digital Offering.
Digital Marketing Technical Implementation
Social Mobile
Web
QA Technical Architecture
Development
Analytics ProjectManagement
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