woe zaal b 16.30 17.00 bazaarvoice

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Turning Social Conversation Into Action March 20 th , 2013 E-Shop Expo Brussels, Belgium Thierry Samson Client Success Director - Benelux

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Page 1: Woe zaal b 16.30 17.00 bazaarvoice

Turning Social Conversation Into Action

March 20th , 2013

E-Shop Expo

Brussels, Belgium

Thierry SamsonClient Success Director - Benelux

Page 2: Woe zaal b 16.30 17.00 bazaarvoice

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Page 3: Woe zaal b 16.30 17.00 bazaarvoice

Confidential and Proprietary. © 2012 Bazaarvoice, Inc.

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Your brand is not what you say it is,it’s what your customers say it is.

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Word-of-mouth builds trust

92%

OF CONSUMERStrust earned media above all other advertising.

(2012, Nielsen)

70%

OF CONSUMERSresearch online before purchasing in store.

(Google ZMOT, 2011)

12xMORE TRUSTin consumer recommendations than brand-generated marketing messaging.

(eMarketer, 2010)

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How do you turn social conversation into action for your organization?

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Build your social engine

Engage

Scale

Act

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Customer Decision Journey

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Customer Decision Journey

The Loyalty Loop

Buy

Engage customers for feedback, experiences, ideas, expertise, etc.

Allow the content to influence the evaluation of

products & services

Surface this content at the initial point of research for visitors

Drive calls to action throughout sales process

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• Consideration

Buy

Surface authentic content and social proof from customer conversations to increase awareness and interest.

Catalogues and Window Displays TV Spots

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EvaluationBuy

Attract shoppers for research and evaluation by providing an engaging experience with relevant reviews from people like them.

Organic Search

Supplier Q&A

Product Reviews

Social

On Site Promotions

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Point of PurchaseBuy

Close the sale with shoppers, wherever they are, by filling information gaps and providing the social validation that they’re buying the right product.

In channel signage

In Store Kiosk

Mobile

Shelf Tags

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• Advocacy

Buy

Encourage consumers to share their own experiences and leverage this information throughout other shoppers’ journey.

Post Interaction Email

Sales Receipts

Packaging

Loyalty Programs

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Click icon to add picture

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Marketing• Net Promoter Score• Engagement• Awareness• Customer Acquisition

Marketing• Net Promoter Score• Engagement• Awareness• Customer Acquisition

E-Commerce• Traffic and SEO• Conversion Rates• Average Order Value

E-Commerce• Traffic and SEO• Conversion Rates• Average Order Value

Customer Service• Return Rates• Support Costs• Customer Satisfaction

Customer Service• Return Rates• Support Costs• Customer Satisfaction

Product Development• Innovation• Product Requirements

Product Development• Innovation• Product Requirements

PR• Authentic Stories• ID and Manage Risks

PR• Authentic Stories• ID and Manage Risks

Merchandising• Optimize Online & In-Store Shelf Space

Merchandising• Optimize Online & In-Store Shelf Space

Management• Customer-Centricity • ROI • Top line revenue

Management• Customer-Centricity • ROI • Top line revenue

Content Creation• Sites• Ads • Offline / In-Store

Content Creation• Sites• Ads • Offline / In-Store

Turning Conversation Into Action

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Enhance consumer

engagement across channels

70,000Reviews collected in one day thanks to a post purchase email

Conversion is just the beginning

Confidential and Proprietary. © 2012 Bazaarvoice, Inc.

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Increase success of new product

launches

Within 24 HrsNew chicken product recipe changed after initial feedback

Improve existing products and

services

20 featureImprovements made to one of their latest notebooks thanks to reviews

Decrease product returns

20%Lower return for products with reviews

Increase sales

31%Increase in sales with reviews compared to product category

Drive Customer Acquisition

200%More organic traffic to Cabelas.com, generated by reviews

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Best Practices – Quick Overview

• Solicit consumer reviews – let it be systematic, universal.

• Surface positive sentiment – in search, site, banners, print, POS.

• Use incentives – contest, voucher, loyalty points, free shipping.

• Syndicate content – both way, between brands and retailers.

• Get social – FB for announcement, FB as UGC application.

• Get offline – Shops signage, packaging, events.

• Optimize Search – based on fresh UGC, fresh and frequent.

• Create Value Workflow – use tagging for your business needs.

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Thank you !

March 20th , 2013

E-Shop Expo

Brussels, Belgium

Thierry SamsonClient Success Director - Benelux

[email protected]+31.6.5496.2255