webinar: poq & localytics present how to transform your retail brand from digital to mobile

55
Why Apps Are The New Loyalty Cards Transform Your Retail Brand From Digital to Mobile

Upload: localytics

Post on 11-Jan-2017

408 views

Category:

Mobile


0 download

TRANSCRIPT

Page 1: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Why Apps Are The New Loyalty Cards

Transform Your Retail Brand From Digital to Mobile

Page 2: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Questions During The Webinar?

Tweet Us @Localytics using #AppAnswers

Page 3: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Meet Your Hosts

Aaron Sawitsky Product Marketing Manager

@Localytics

Michael Langguth Co-Founder

@PoqCommerce

Page 4: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

About Localytics

User Insights Understand your users. •  Sessions & Events •  Conversion, Retention, LTV •  Attribution •  Profiles •  Web Analytics

Smart Targeting Make every message personal. •  Audiences •  Predictions •  Personalized Messaging

Marketing Automation Know what works & do more. •  Push •  In-App •  App Inbox •  Email •  Geofences •  Remarketing •  A/B Testing & True Impact

Localytics is a Mobile Engagement Platform:

Page 5: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

About Poq

Page 6: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Agenda

The Rise of Mobile Commerce

Transitioning to Mobile

Retaining Your Mobile Shoppers

Key Takeaways, Q&A

#AppAnswers

|

Page 7: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Let’s Take a Trip Down Memory Lane…

Page 8: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

2014 Mobile Commerce grows to become 24% of all U.S. e-commerce. - Internetretailer.com

2015 Mobile Commerce continues to grow and now makes up 30% of all U.S. e-commerce. - Internetretailer.com

#AppAnswers

|

Page 9: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Now a Little Glimpse Into The Future…

Page 10: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

2016 Mobile will generate over $79 Billion in commerce. - BI Intelligence Report, 2016

2017 U.S. customers’ mobile engagement behavior will drive mobile commerce revenue to 50% of U.S. digital commerce revenue. - Gartner, Inc.

#AppAnswers

|

Page 11: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Okay, so you have to go Mobile…

How do you make the transition?

#AppAnswers

|

Page 12: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

1.  Touch all aspects of app commerce 2.  Choose the right features 3.  Leverage prebuilt third-party integrations 4.  Decide on resources 5.  Set realistic deadlines

5 Best Practices for going mobile:

#AppAnswers

|

Page 13: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#1 App Commerce

#AppAnswers

|

Page 14: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#AppAnswers

Page 15: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#2 Choose the Right Features

#AppAnswers

|

Page 16: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

There are 3 main categories of features:

1.  General shopping features

2.  Personal & social features

3.  In-store features

#AppAnswers

|

Page 17: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

General Shopping Features

•  Wishlist •  Shoppable lookbooks •  Product zoom* •  Push notifications •  Search •  Filter* •  Sort

#AppAnswers

|

Page 18: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Personal & Social Features

•  Profile login •  Loyalty card integration •  Reviews* •  Set favourite store •  Set personal sizes •  Social media share*

#AppAnswers

|

Page 19: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

In-Store Features

•  Barcode scanner •  Showing loyalty card in

store* •  Store directions •  Store mode •  Store stock checker*

#AppAnswers

|

Page 20: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Shoppable Lookbook

•  2x higher AOV •  2x longer browsing time

#AppAnswers

|

Page 21: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Wishlist

•  1.8x higher conversion rate •  3.6x longer browsing •  5% lower AOV

#AppAnswers

|

Page 22: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Social Media Share

#AppAnswers

|

Page 23: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

In-Store Loyalty

•  2.1x higher conversion rate •  4.2x longer browsing •  Average AOV

#AppAnswers

|

Page 24: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Recap: Basic Must-Have Features

General •  Wishlist •  Shoppable

Lookbooks •  Sort & Filter •  Product

Zoom

Personal & Social •  Social Share •  Reviews

In-Store •  Barcode Scanner •  Store Stock Checker •  Loyalty Card

Integration

#AppAnswers

|

Page 25: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#3 Leverage the Ecosystem

#AppAnswers

|

Page 26: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#AppAnswers

Page 27: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Reviews

•  3x higher conversion rate •  5.3x longer browsing •  Average AOV

#AppAnswers

|

Page 28: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Interactive Catalogues & Shop Windows

•  20% higher AOV •  1.8x longer browsing

#AppAnswers

|

Page 29: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

One-Click Checkout

•  3 seconds to buy •  Optional registration •  No passwords

#AppAnswers

|

Page 30: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#4 Decide Which Resources You Need

#AppAnswers

|

Page 31: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Resource Decisions

Start by Assigning a

Project Manager

Design •  In-House •  Systems Integrator •  Poq

Integration •  Tech support: In-house

or SI •  Front-end development:

In-house or Poq

Content & Testing •  In-House •  Agency •  QA Vendor

#AppAnswers

|

Page 32: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#5 Set Realistic Deadlines

#AppAnswers

|

Page 33: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Example Timelines

Boohoo: 12 weeks from signature to launch •  5  integra*ons  with  back-­‐end  systems  and  third  party  technologies  •  iOS  app  launch  12  weeks  from  signature  to  launch,  followed  by  Android  Launch  2  

weeks  later  

House of Fraser: 11 weeks from signature to launch •  9 integrations with back-end systems and third party technologies

#AppAnswers

|

Page 34: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

#6 Integrate All Activities

#AppAnswers

|

Page 35: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Push notification

Email Home screen

|

Page 36: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Once I have a mobile app, I’m good to go, right?

Not so fast…

#AppAnswers

|

Page 37: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

23% of users abandon an app after one use. - Localytics, 2016

#AppAnswers

|

Page 38: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

75% of users abandon an app within 90 days of downloading it. - Localytics, 2016

#AppAnswers

|

Page 39: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

There is good news though

#AppAnswers

|

Page 40: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Users with push enabled average

3x more app launches than users with push disabled.

#AppAnswers

|

Page 41: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

In-App Messaging can improve user retention by

46%

#AppAnswers

|

Page 42: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Only

29% of users will churn if they have 3 sessions in the first 3 days of downloading your app.

#AppAnswers

|

Page 43: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

How to Retain Your Mobile Shoppers

#AppAnswers

|

Page 44: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

The key to retention:

Create a mobile strategy that consistently provides value to the user.

#AppAnswers

|

Page 45: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Use analytics to learn where users are finding value in your app

#AppAnswers

|

Page 46: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Use funnels to pinpoint where users are dropping off on the path to conversion

#AppAnswers

|

Page 47: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Personalize engagement based on a user’s shopping behaviors

#AppAnswers

|

Page 48: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Onboard new users. Teach them how to get the most out of your app

#AppAnswers

|

Page 49: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Educate users on updates that make your app even better

#AppAnswers

|

Page 50: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Ask for feedback to improve the customer experience and increase app store ratings

#AppAnswers

|

Page 51: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Use location to hyper-personalize & improve the in-store experience

#AppAnswers

|

Page 52: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Go beyond push and in-app messages.

#AppAnswers

|

Page 53: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

A/B test your campaigns to see what resonates.

#AppAnswers

|

Page 54: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

1.  Mobile continues to grow as a critical channel for retail 2.  Certain features have an outsized impact on your app’s

performance. 3.  Maintain a consistent experience across your mobile and digital

channels

4.  Once you’ve built your app, retention will be one of your biggest challenges

5.  To retain users, you have to make sure your app consistently provides value to your users

Key Takeaways

#AppAnswers

|

Page 55: Webinar: Poq & Localytics Present How To Transform Your Retail Brand From Digital To Mobile

Q&A

#AppAnswers

|