Showing posts with label #digital. Show all posts
Showing posts with label #digital. Show all posts

Thursday, 22 December 2016

Amazon, the real US Giant


Amazon, the real US Giant

Thanks to latest data collected, research regarding November 2016 shows that in the US, eight in ten Amazon shoppers purchase an item from the Pure Player at least once a month.

Radial which is an omni-channel technology solution provider and Finn Partners, a strategy communication company have done a poll by asking a thousand US Amazon buyers who purchase at least one item the last year:
On these thousand buyers, only 1% said they had only bought one item in this year, whereas the others shop regularly.
About 25% said they purchase one item a month in average, and more than 50% said they purchase several time a month from the e-commerce giant.



There are different reasons why people shop that much on Amazon. First of all, there is this network effect and that Amazon is Amazon, one a the biggest company in the world, part of the GAFA (Google Amazon Facebook Apple) so basically when people think about online shopping, people think of Amazon, obviously.

But the two main reasons why Amazon manages to gather so many clients are because of its huge product selection and its very competitive prices. To illustrate it, about 40% of the respondent said the primary reason for them to shop is because of the product selection, and about 30% said they were attracted by the competitive prices.

Reviews is also a factor to be taken in consideration, more than half of Amazon buyers said that reviews had helped them in their purchase decisions, even more than online ads, social media or even personal advice. 80% of the Pure Player leader consumers agree to say that reviews enable them to conclude their decision to purchase.


Why hackathons are valuable for marketers as well as techies ?


Why hackathons are valuable for marketers as well as techies ?

Free picture from https://unsplash.com 

Marketing Hackathons let people express their creativity and bring innovative ideas

              Getting new ideas and innovative ways to improve either your product or the customer journey is a great asset that needs to be taken very seriously by companies. One effective fashion to do so is to organize a hackathon within your company or an event much more larger, gathering people from various places.
Although, in the tech industry Hackathons are usually dedicated to coders to come up with a new product/service or make an existing product/service much more powerful, it can be associated with a marketing approach as well.


Why considered Marketing Hackathons as a real asset?

              The giants of the Tech Industry have organized Hackathons for more than a decade now.  Thus, those types of events are not only dedicated to find innovative ideas even if it remains the core and the goal of it. How can it be more than that and what can it bring to a company (or an industry)? David Moth, the writer of this blog article and the Head of Social Research at EConsultancy, tells us in what ways hackathons are a useful tool.

 Get your people out of their comfort zone:

It is important not to remain locked up in your routine and to step out in order to provide variety in your employee daily tasks. Hackathons allow your team to be challenged in a different way from their everyday duties.

Help your employees to see the bigger picture:

This type of event let the participants work on a project from scratch. Meaning, that they will not only be focus on what their business unit provides in the customer journey rather they will have a broader view of it. Eventually, this will be useful at a certain point in their day job to get a different approach.

Puts back the focus on the customer:

The user or customer experience is what makes your product more (or less) appreciated by the customer than your competitors. Thus, it is a key point that not enough companies focus on. Just as the previous point, this will makes your employees to get a broader view of the customer journey. It is critical that all the people working in the company understand and visualize the customer process.

 Work with new people:

This is basically how networking works. This is an opportunity to get around new people, to discover new ways of working.


All these things will lead to new and innovative ideas that might be implemented in the customer journey. 

Why does it matters to us ?

              As both of us had the opportunity to work in the tech industry, we experienced that collective cognitive experiments often bring the brightest ideas. While engineers are used to collaborate and share information as a piece of open source code on GitHub for instance, open teamworking is scarcer in the marketing field.

Design thinking, defined as “design-specific cognitive activities that designers apply during the process of designing” is, besides being the root of IBM culture, more and more important in operational activities. Connecting global creativity, innovation and knowledge is, according to us, a very relevant way to come up with solid marketing campaigns. This statement is even more accurate in the digital industry which offers flexibility, responsiveness and open-data. Thus, teams can easily design viral ideas and develop them to fit with the media or audience targeted.

This blog post states that “nearly 73% of company are working towards delivering cohesive customer experiences, rather than standalone campaigns or interactions." This statistic is very important in a marketing area where network effects are catalysts of growth. The more the customer fells incorporated in an ecosystem, the more he or she will tend to be loyal, and, the more the network will appears as attractive for prospects. A marketing ecosystem can, of course, be designed by a single person in a single office, but there is a lot to bet that the experiment will be way more colorful, original and polyvalent if many people, with a different background and ideas are working on it in an open-information state of mind.

Today, more and more firms claim to use the Agile management method and even bigger firms as Facebook are managing projects with a start-up spirit. Developing non-tech Hackathons is, from our viewpoint a good way to break internal silos and enhance the development of “out of the box” ideas. For instance, the Banque Populaire Occitane built an innovative event to imagine new services of proximity and to stop the drop in frequentation of the agencies. With the operation "Hacker the agency! ", customers, collaborators, as well as developers and digital experts worked hand in hand in order to emerge the uses of tomorrow in bank branches. The first prize was eventually awarded to a project aimed at proposing to the clients, in the rural agencies, office space of the bank for work meetings or even coworking.


To conclude, we choose this article in order to highlight the fact that digital marketing isn’t cantoned to a large amount of digital campaigns. A true digital strategy is based on an impactful ecosystem of customer experience that is composed on relevant and linked initiatives. Those kind of operational initiatives are the fruit of a global reflexion and Hackathons are a great way to confront ideas and processes in order to build a solid, accurate and cost-effective digital marketing strategy.

Mehdi Sijelmassi
Maxime Kozminski

Additional sources:

Wednesday, 30 November 2016

Current and Future of Location Based Marketing



            Location based marketing is just another useful tool for businesses to utilize that exists because of emerging technology. It would have been the dream for advertisers decades ago to have access to the information of the where abouts of their potential customers. Now, with all of the services and tools that are experimenting with location based services, it made the tracking of consumers possible. The one thing about location based service is that people might shy away from the option to ‘actively check in’ into the service, without a huge incentive for them to do so, it’s useless to simply ask people to turn on the location option. What does seem to contribute to the success of location based marketing more is the act of passive check ins. Passive check ins include when people tag themselves in a location on a picture or video they post to Instagram, Facebook, Twitter etc.
            Looking at current trends, it is a must to invest in location based marketing as it has a promising future. According to statistics, nearly a third of the world’s population will own a smartphone in 2017. Plus, 80 percent of all social media is happening through a mobile device, and social media platforms are the easiest ways to encourages users to geotag their content.
Above all, mobile commerce continues to become more prevalent for companies. B2C businesses are serving localized ads to nearby customers, localized ads can raise the conversion rates threes times more than regular ads. Author Aaron Strout lists the four important areas that are key to grasping the value of location based marketing currently:
1.     Sensors: Technology such as Bluetooth Low Energy beacons, sensors allow near-field communications between a user and their smart device. This allows the ability to wake up in-store apps. Both Samsung and Apple has included NFC chips in the past two generations their smartphones.
2.     Geo-Fences: These are fences that use GPS, Wifi, electromagnetic fields or RFID technologies for companies to trigger and collect data when the user enters them. This technology needs to be paired with a mobile app with location service turned on or by a geo tagged post on a social media platform.
3.     Context: The right context is crucial to location based marketing. To market to the customer, knowing where they come from and where they are going is a must. So, it is critical to map functionality to location, since with location based marketing the experience the customer is getting is happening in real time.
4.     Ad tech: $100 billion is expected to be spent on mobile advertising this year, it’s clear that marketers understand its’ importance. There is great leverage for retailers to adopt location based ads besides social and in app.

              So what does the future hold for location based marketing? As we have concluded it’s significant to the future of advertising. Strout suggests in the article that more and more sensors existing in smartphones and now fitness bracelets will increase context for marketers. Secondly, augmented reality; even though as of now, more augmented reality apps are entertainment based, there is a huge opportunity in this field for location based marketing. Strout envisions every major retailer to use smart bots and augmented reality to create personal shoppers or concierges for the customers. In conclusion, there’s much room to grow in the department of location based marketing. It would be valuable for retailers to keep in mind. 

Rose Yin, Yauheni B. 


Source of article: http://marketingland.com/location-based-marketing-going-195732

Monday, 31 October 2016

Public transportation is getting digital: good news for ecommerce!


Change is coming very fast regarding transportation today. Public transportation has to grown and change significantly to face the growing number of users and their new expectations. A bunch of carpool startups have been created in the last decade such as Uber, Lyft, Heetch making public transportation old-fashioned for a lot of people.

To take part in the smartest-cities of the world race, Paris announced this month that it plans to have the most digital metro in the world by 2025 with new innovative infrastructures such as optical fiber, data centers, telecom networks, Wi-fi and geolocation system. Parisian subway is getting digitalized in order to help people gain a lot of times when they have to go from a point A to a point B. But this is not the only issue.

Paris metro has always been an important place for advertisers. Indeed, there is almost 5 millions of users everyday. Those users are consumers and you can easily grab their attention : when their are in the metro they do not have much to do, people are waiting their train and then, they wait in the train to arrive at their destination. Well... that was before. Today, everybody is on its smartphone. That’s why bringing wifi, geolocation and big datas where millions of consumers pass everyday  will revolutionize ads in public transportation.

Users experience will be improved and users will be able to buy anything during their journey : 1 online purchase out of 4 is made with a smartphone today and this figure keeps on increasing. Today, it is complicated to buy while you are in the metro because you do not want to take the risk to see your connection shut down. With big data analyse, retargeting and Wifi, you’ll find that your journey in the metro will probably become the right place and time for you to do your shopping.

Be able to track people on public transportation will have a big impact on digital marketing. Indeed, public transportation says a lot about you: where you live, where you work, at what time, where you go for shopping. It means that we can deduce your social background, define your favorite brands, push ads for you that matches your preferences, inform you to go out at a certain station for a special event etc… But who can gather all those data? Well, on the road, companies such as Waze already deals with a huge amount of datas and has an important impact on advertising. An other app, Moovit could become the Waze of the metro.

Actually, startups like Waze and Moovit (an israelian app created in 2014) had the idea that the most efficient way to simplify rides does not lie into high technology object but definetly onto people who are using those transportation system every day. They are creating a network where everyone can be a stakeholder. Waze’s business model is based on advertising using CPM and it has been bought by Google for 1.15 billion $ two years ago. 

Moovit works directly with the parisian public transportation company RATP to help it improve their service in cities and in return the RATP is promoting the company. Nowadays, every companies are looking for this kind of win-win situation.
 To attract people using the app, they provide virtual reward to users who are helping improve the service. They main interest is to create a community.

Will Moovit know the same success story as Waze ? If it expends to other big cities metros, we can bet that Google will look closely at their activities. 


Marine Esposito 
Julia Ibrahim - Ouali 

Sources :