2017 ecommerce round-table round-up

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2017 Ecommerce Round-Table Round-Up

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Page 1: 2017 Ecommerce Round-Table Round-Up

2017 Ecommerce

Round-Table Round-Up

Page 2: 2017 Ecommerce Round-Table Round-Up

Today’s Logistics

Session Recording + Slides Will Be Sent Out

Join in the Poll Questions!

Submit Questions to Our Panelists

Page 3: 2017 Ecommerce Round-Table Round-Up

Overview

Founded in 2007

Recognized as a Google Premier Partner

400+ Active Retail Clients

Top 50 fastest growing company in San Diego

DELIVERING LASTING RESULTS FOR OUR CLIENTS

Solutions

Retail-focused PPC & Shopping

Amazon Sales Acceleration

Facebook Performance Marketing

About CPC Strategy

Page 4: 2017 Ecommerce Round-Table Round-Up

About Trustpilot

We help people buy with confidence

Sharing experiences builds trust and transparency

We help companies harness the power of

reviews

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Windsor CircleOmniChannel Predictive Marketing Platform

- 300+ CPG & RETAIL CLIENTS - 37M+ CONSUMERS

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Today’s Speakers

Lewis BrannonSr. Retail Search Manager

Polly FlinchDirector of Marketing

Brittany CapalboGlobal Digital Marketing Manager

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Today’s Agenda

❏ What did we see during Black Friday & Cyber Monday?

❏ Amazon’s Growth & Impact on Retailers

❏ Growth of Cross-channel Marketing & Hybrid Strategies

❏ Importance of Mobile in 2017

❏ What’s to come in 2018?

❏ Live Q&A

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What did we see during Black Friday & Cyber Monday?

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What did we see in Google Shopping? - YOY Trends

Copyright 2017 - Ecommerce Round-Table Round-Up

● Cyber Monday was more successful than BF (significantly more volume as well)● Thanksgiving through CM as a whole was a big revenue mover, more distribution of sales● Showcase shopping contributed to gains in impressions and lowering CTR

○ Big Box Competition (Favoritism?)○ Upper Funnel Nature of Queries

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More Emphasis on Shopping? | YOY Trends | Shopping vs. Text

Copyright 2017 - Ecommerce Round-Table Round-Up

● More growth on Shopping, but no efficiency loss on text● Text Ads impression growth is stagnant but CPCs cheaper (faster influx of new advertisers on

Shopping creating higher spike in CPC increases).

*note that average CPCs for 2017 were $0.67 for Shopping and $0.82 for text

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What did we see in Google Shopping? -Emergence of Showcase Shopping

Copyright 2017 - Ecommerce Round-Table Round-Up

● Charged on CPE - not CPC

● Less control over settings

● Harder to force display for specific searches

● Great for brand awareness, breaking into new audiences

● Attribution is important

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What did we see in Google Shopping? -Emergence of Showcase Shopping

Copyright 2017 - Ecommerce Round-Table Round-Up

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What trends did we see in the Ecommerce space?

Copyright 2017 - Ecommerce Round-Table Round-Up

DEALS & PROMOTIONS

> Grey November

> Online discounts same as in-store

EVERYONE ON THE ECOMMERCE TRAIN

> Big-Box Department Stores joined the fray

> Top ten in online transactions:

Amazon,

Best Buy, Kohl’s, Target, Apple, Macy’s,

Old Navy, Home Depot, GameStop, and

Toys R Us.

$14 BillionAmount spent online over

Thanksgiving Weekend (not

including Cyber Monday)

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How do the holidays impact customer trends & behavior?

Copyright 2017 - Ecommerce Round-Table Round-Up

During Black Friday 2017, Trustpilot had over 470,000 organic visitors from Google

http://blog.trustpilot.com/blog/consumer-behavior-and-expectations-the-2017-holiday-shopping-report

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Amazon’s Growth & Impact on Retailers

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Competitive Landscape - Big Box Impression Share

Copyright 2017 - Ecommerce Round-Table Round-Up

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What things can retailers do to fight the pull of Amazon?

Copyright 2017 - Ecommerce Round-Table Round-Up

PERSONALIZE THE EXPERIENCE

> Create brand affinity

> Data-backed recommendations &

Marketing campaigns

CHOOSE YOUR DIFFERENTIATORS

> And shout them from the rooftops

50%

($12.78M)

% of online transactions Amazon was responsible

for on Thanksgiving Day & Black Friday

BOTTOM LINE: to do this well, you need data

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Is there a way for retailers to differentiate from Amazon?

Copyright 2017 - Ecommerce Round-Table Round-Up

As larger brands move into Amazon’s space and take up market share, it provides an opportunity for mid-size and

niche retailers.

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Growth of Cross-channel Marketing & Hybrid Strategies

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Hybrid Strategies & Correlated Metrics

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● Brand Uplift Correlation Measurement

● Conversion Path Reporting

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How can retailers effectively market cross-channel?

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STEP 1: ID THE RIGHT PLATFORMS

> what do you already have?

> how does your existing stack work together?

> how can you make this better?

> what are the gaps?

STEP 3: CAPITALIZE ON THIS DATA

> think beyond the one send - what’s the life of

this campaign?

> Is there an acquisition play? What

about

a retention play?

STEP 2: USE YOUR DATA

> get to know your customers

> predictive recommendations

> smart suppression lists

> 1:1 messaging based on purchase cadence

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How do touchpoints matter in Cross-channel Marketing?

Copyright 2017 - Ecommerce Round-Table Round-Up

❏ 88% of consumers consult, on average, 10 sourcesbefore making a purchase

❏ Half of all shoppers visit a retailer’s site or app prior to making an in-store purchase

Leveraging new approaches to marketing such as social proof allows companies to take advantage of the multiple touchpoints customers will inevitably come across

https://www.thinkwithgoogle.com/consumer-insights/the-zero-moment-of-truth-macro-study/

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Importance of Mobilein 2017

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How has the mobile advertising landscape changed in 2017?

Copyright 2017 - Ecommerce Round-Table Round-Up

● Mobile by far largest growth segment● Mobile conversion volume surpassing desktop for many clients

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How has mobile changed the ecommerce landscape in 2017?

Copyright 2017 - Ecommerce Round-Table Round-Up

10.1% Increase in conversion

rate YoY from mobile onCyber Monday

MOBILE SHOPPING CONTINUES TO TREND UP

> Impacts on eCommerce

> Mobile friendly sites (or pages)

> Mobile friendly checkout process or one-

click

check out

> Responsive email campaigns

> Mobile responsive advertising

> Facebook

> Instagram

Page 26: 2017 Ecommerce Round-Table Round-Up

What are trends that we’ve seen in mobile?

Copyright 2017 - Ecommerce Round-Table Round-Up

Mobile conversions and eCommerce revenue tied to mobile devices continue to increase and are surpassing desktop sales.

https://www.shopify.com/blog/black-friday-cyber-monday-2017-recap

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What’s to come for 2018?

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What are some predictions we foresee for 2018?

Copyright 2017 - Ecommerce Round-Table Round-Up

● Evolution of dynamic search

● Continued growth of Google Shopping

● Local Inventory Improvements

● Omnichannel Reporting Improvements

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What are some predictions we foresee for 2018?

Copyright 2017 - Ecommerce Round-Table Round-Up

SOCIAL IS THE NEW

BATTLEGROUND

BLURRING LINES BETWEEN

ACQUISITION AND RETENTION

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What are some predictions we foresee for 2018?

Copyright 2017 - Ecommerce Round-Table Round-Up

Voice search will make its mark

❏ Over 10M Alexa devices are expected to ship by the end of 2017.

❏ Over 60M Americans will use a virtual assistant at least once a month.

❏ From May 2016 to May 2017, increase in Alexa and Cortana’s usage and engagement tripled.

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Questions for our Panelists?

Copyright 2017 - Ecommerce Round-Table Round-Up

Lewis BrannonSr. Retail Search Manager

Polly FlinchDirector of Marketing

Brittany CapalboGlobal Digital Marketing Manager