india cheliyan pancras, partner sales manager seagraphql api query layer: provides performance and...
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Cheliyan Pancras, Partner Sales Manager SEA + India
‘Something for Something’Introduction
Brands need to connect before the transaction happens.
Establish differentiation.
Help the prospect solve a problem.
Help the prospect better define a need or discover the most appropriate solution.
YoY growth is 21% and revenue is expected to grow to $193m by 2023 representing a CAGR of 20%
$113mSource: Gartner Forecast: Enterprise Application Software, Worldwide Q3 2019
Making every experience personal
Making every moment
shoppable
4
Adobe Document Cloud
Adobe Experience Cloud
Adobe Creative Cloud
Adobe Sensei
Adobe Platform Adobe Solution
5
Adobe Experience Platform
Adobe Analytics Cloud
Adobe Advertising Cloud
Adobe Marketing Cloud
Adobe Commerce Cloud
Adobe Analytics
Adobe Audience Manager
Adobe ExperienceManager
Adobe Campaign
Marketo Engage
Adobe
Target
Magento Commerce
Adobe Sensei
Search
DSP
TV
Creative
Adobe Experience Cloud
Adobe Platform
The central questions
we designed our
research to answer:
Methodology and scopeIntroduction
What makes customers want your offerings?
What makes them come back?
What are the usual pain points they experience with you?
What are they willing to exchange with you?
RESPONDENTS ACROSS AP:
7,434
THE KEY FEATURES OF THE SURVEY
MARKET RESPONDENTS IN
India
1,405
CARRIED OUT:
JUNE 2019
Regional HighlightsSetting the context
Free delivery drives loyaltyof consumers
would return for free delivery
67%
of Indian consumers
will be return shoppers
if you offer a freereturns policy.
57%
of Indian consumers will
be encouraged to buy if your site is easy to use and mobile friendly.
50%
Move past transactional relationships to build trust
of respondents said that that when they compare multiple
brands, a retailer’s competitive pricing is
thedeal-breaker.
51%
▪ Founded in 2016 in India by Ayush Agrawal and Tapan Mishra
▪ Seniority.in was India’s first retail store catering specifically to senior citizens
▪ "India may be a young country, but it’s the senior citizen group that is the fastest growing demographic. And they are a lot more tech savvy”
- Aysh Agarwal, Founder, Seniority.in
Case Study
▪ +150% revenue growth after upgrade (Magento 1 Open Source – M2 Enterprise)
▪ +19% average order value increase
▪ -10s average checkout time
▪ +180% increase in traffic after launching responsive storefront
▪ “Magento Commerce was in many ways an ideal platform for Seniority; it had all major functionalities natively build in, which could be further enhanced to achieve our specific business goals.” - Shankey Poddar, Product Head, Seniority Private Limited
Case Study
Magento Roadmap PrioritiesProduct Roadmap
Open Cloud Platform and Vibrant Ecosystem
Outperform your competition at a lower TCO
Deliver best in class B2C and B2B
shopping experiences that accelerate sales
SuperiorExperiences
Sell everywhere, deliver anywhere – managing
products, inventory, orders and fulfillment
Omnichannel Innovation
Enable intelligent experiences, uncover insights, and employ better measurement
Commerce Intelligence
Multi-Source Inventory (MSI)Product Roadmap
Operate more efficiently• Manage stock in multiple locations to reflect physical
inventory
• API coverage for integration with 3rd party inventory systems
Lower fulfillment costs• Real-time sourcing controls how locations are selected for
delivery
• Automated source selection based on priority or distance to shopper
Improve customer satisfaction and build loyalty• Inventory reservations for highly performant checkout and
accurate quantity counts “We have 3 different countries with 3 different shipping methods and locations, and 56 sources of info for the warehouse.It’s proof that MSI can solve complex problems.”
- Strix, SI for TOUS
Page Builder
▪ Quickly launch richer, more compelling shopping experiences
▪ Intuitive visual interface enables non-technical personnel
▪ Powerful set of content elements out-of-the-box
▪ Drag & drop positioning of content elements
▪ Control of page content layouts by adding multiple columns of content
▪ See changes before saving with “true” storefront preview
▪ “WYSIWYG”, in-line text editing
▪ Compatible with Staging & Preview and Dynamic Blocks
Product Roadmap
Create new pages and edit content ten times faster than before10
x
Adobe Stock Integration into Admin Panel
▪ Collaboration with the Magento Community
▪ Integration of Adobe Stock directly into the Magento Media Gallery
▪ Ideal solution for merchants with high reliance on media assets, who don’t produce their own assets
▪ Provides ability to easily:
▪ Discover stock imagery
▪ Preview in their site
▪ License & integrate stock assets
▪ All without having to jump between tools, or manually upload images
Product Roadmap
Sustainability becoming part of the public agenda in India
Regional similarities
respondents in India think that online
shopping isbetter for the
environment than in-store shopping.
+8%
Takeaway: Eco-conscious efforts — these are just one of the many recent strategies that brands explore, particularly now that most customers are betteraware of environmental challenges.
Indian consumers are considering sustainable factors when purchasing, but it is still a lower priority then cost or payment method. This will be a key trend to watch develop over next 12 months.
respondents are likely to buy from a retailer doesn’t sell any products made
from single-use plastics
35%
Provide information about your product sources and eco-friendly packaging.
34%
Distributed OrderManagement
Sourcing & Global Inventory
Store Fulfillment Customer Service
In-Store Functionality
Centralizes global inventory, intelligently sources items for fulfillment, and manages orders while providing a consistent shopping experience.
What it is, how it works, and why you need it
System & Deployment
Business Intelligence
Magento Order Management OverviewProduct Roadmap
Customers expect higher quality commerce
experiences
Customers want seamless customer service
Omnichannel features put pressure on retailers
Delivering on these demands is complex.
Order Management is required to competeProduct Roadmap
What creates omnichannel complexity?
Multiple Physical StoresMultiple Brands & Websites
Call Centers
Mobile
Multiple Inventory Locations
Drop Shippers Multiple Regions
Increase in Sales Channels
Increase in Fulfillment ChannelsX
=Increase in
Order Volume & Velocity
Product RoadmapProduct Roadmap
Magento Order Management solves omnichannel complexity
Product Roadmap
Takeaway:
It unites all sales and fulfilment channels and optimizes the order flow no matter where the order gets placed, the inventory is held, or the customer wants it delivered
▪ Founded in Melbourne, Australia, with over 250 stores around the world.
▪ Forever New produce unique and original women’s fashion.
▪ “We want every moment—no matter how big or small—to feel like it belongs to her. Like she owns it. Wherever she goes, we give her the self-belief and confidence to make the seemingly insignificant, unforgettable.”
- CAROLYN MACKENZIE, MANAGING DIRECTOR, FOREVER NEW
Case Study
Case Study
▪ Abandoned cart decreased by 20%
▪ Warehouse Dispatch time decreased by 50%
▪ Deployed across 200+ stores
▪ “Magento is the bedrock to our digital growth plans” - Carolyn Mackenzie, Managing Director, Forever New
Indians do not fear of oncoming automationRegional similarities
of Indian consumers are
“fairly” and “very”
comfortable with retailers
employing new technologies,
such as AI.
67%
39%of Indian consumersare comfortable with
retailers using personaldata for relevant
recommendations.
are more likely to buy from retailers using AI capabilities so long as they offer low prices, excellent customer service, and online
experience.
56%
Takeaway: Asia Pacific are generally more comfortable with automation than European counterparts, however India has a head start on realising its new technology efforts as customers well-receives experimentation.
India is a good sandbox to test new technology that will positively impact a consumer’s journey.
Adobe Sensei
Adobe Sensei is the technology that powers
intelligent features across all Adobe products to
dramatically improve the design and delivery of
digital experiences, using artificial intelligence and
machine learning in a common framework.
Product Roadmap
Adobe Sensei
Growing Content &
Data Volumes
Experiences & Expectations
ArtificialIntelligence
Product Roadmap
Product Recommendations powered by Adobe Sensei
Product Roadmap
••••
Advanced, AI-powered Site Search
• Search shopper experience enhancements, including autocomplete & results preview, boost search result click-through rates
• Powerful “searchandizing” capabilities turn site search into a compelling marketing tool
• Deliver relevant results in a variety of contexts, from search to navigation, to keep shoppers engaged and accelerate the path to conversion
• Integrated AI/machine learning capabilities provide “self-learning” algorithms & personalized results tuned to the individual shopper
• SaaS-based services deliver lightning-fast results and enable rapid iteration outside commerce release cycles
Magento Premium Site Search will become the “sales assistant” for your website through lightning fast, relevant & personalized search
Product Roadmap
Traditional or Digital Payments? National trends
Let Customers
Freely Choose.
of respondents would not purchase from a retailer that
doesn’t offer cash on delivery as a
payment option.
48%Takeaway: Payment trends move at very different speeds across Asia Pacific markets. Each are moving away from cash at their own pace and adopting different substitute payment methods.
Payment flexibility is a must.
Top Payment Methods
1. Cash On Delivery
2. Debit/Credit3. eWallet
vs the regional average
+22%
Headless Commerce using GraphQLProduct Roadmap
Optimized for Performance: A highly performant & scalable GraphQL-only Magento application streamlined for headless performance
GraphQL .
Every Model on One Platform: Flexibility to operate Magento in a fully headless mode, integrated with PWA, Adobe Experience Manager, or 3rd party customer experience applications
GraphQL API Query Layer: Provides performance and finely tuned integrations by enabling applications to request exactly what data they need, and packaging into a single response
B2C coverage
B2B coverage
Performance optimization
GraphQL-only instance
IoTHEADLESSFULL EXPERIENCE INTEGRATIONS
Making Security Updates EasierProduct Roadmap
Magento Commerce merchants and partners will be able to more rapidly deploy critical security updates ahead of broad
publication
We will pre-announce upcoming quarterly releases to Commerce Merchants the same way we have done for Partners
We will make quarterly releases available to Commerce Merchants ~1-2 weeks ahead of the General Availability date
We will offer streamlined, “security-only” updates based on the prior quarter’s comprehensive update
M2.3.2 M2.3.3 M2.3.4
Q2
M2.3.2-p1
M2.3.3-p1
M2.3.4-p1
Quality + Security
Security-only
Q3 Q1 Q2
Key takeaways
Merchants need to provide optionsAlthough embracing of new technology, India is such a large market that consumers’ payment needs are diverse, and adoption of new methods is fragmented. Retailers that provide consumers with a broad range of payment options will retain their loyalty.
Key conclusions:
Start thinking about sustainability Being environmentally responsible is already a point of difference for brands in market but it will soon become an expectation for Indian consumers. Retailers who do not embrace this shift could be left behind
Leverage automation to improve experienceIndians are open to the integration of AI by online retailers, but only if it improves their buying experience. AI can be a powerful tool for retails in India if the ultimate goal is a more seamless experience for the end customer.
THANK YOU
Cheliyan PancrasPartner Sales Manager, Magento CommerceSouth East Asia + [email protected]