Study: Web-traffic boosts in-store sales

In a recent study the research companies comScore, Accenture and dunnhumbyUSA found some significant relevance between in-store sales and a company’s web presence. The study was based on a panel of CPG customers and one million U.S. Internet users who have given comScore explicit permission to have their online activities continuously measured and matched to their in-store brand buying behavior provided by dunnhumbyUSA.

The report comes to the conclusion that consumers who visit a website prior to their shopping experience in a company store spend 34% more with that company and 57% more on products or services based on their specific industry sector. It also states that visitors of brand websites are frequent buyers of the brand in retail stores. It shows that 42% more of these clients finish their transactions than non-visitors. Furthermore, website visitors are also heavier buyers in a brand’s product category. They are spending 53% more in their category dollars than non-visitors.

“Since website visitors have higher affinity to the brand and the overall product category, there is an opportunity for brand marketers to drive loyalty through personalizing the website experience, catering to the preferences of their best customers.”John LaRocca, Vice President, Strategic Partnerships, dunnhumbyUSA

And again another study highlights the importance of content marketing as the new emerging trend in marketing. Shoppers were more aggressive in their approach to understand and evaluate their purchases prior to their visit in shops as a result of the massive information access through the web. According to the research, content marketing plays a significant role here. So, campaigns on the web not only add value to web shopping but also -and for some companies and brands more importantly- will help to drive and boost in-store habits and sales – apart from positioning a brand’s capability.

“Marketers who create compelling (brand) website experiences for consumers are extremely effective in driving incremental and profitable in-store sales. Analysis shows that consumers visiting the best of the 10 CPG brand websites evaluated in the research study, spent over 200% more on the brand than non-visitors.” Jerry Lohse, Senior Director, Accenture Interactive

Based on the fact that Brafton reported some weeks ago that the average consumer visits more than 10 web pages before a purchase decision, this study marks an important point in the relevance between online and offline shopping. This might be catalyzed by the new opportunities that smartphones, tablets or Augmented Reality (see real-life community shopping) offer, and shows the straight relationship between the two shopping experiences which more and more merge to one close shopping cycle.

Spot On!
More companies are realizing that offering web shoppers the same information and service as in-stores will lead to more purchase at both ends of the shopping cycle: online and at offline locations. The challenge for companies is to differentiate the shopping experience by using SoLoMo (social – local – mobile). Here the question for the future will remain whether in-store shopping needs to become more of a lifestyle experience or adventure to attract more consumers to join in-store activity (see IKEA Sleepover), or wether people will want to have real people around them and thus make it a social reality world, rather than a social web world…

Top 3 Ways Web 3.0 Will Change Workflow

There are many ways to bolster the productivity of your workforce. You could bring in a business speaker to inspire the inner entrepreneur in your employees. You could offer financial incentives for reaching certain benchmarks. You could also upgrade the technological infrastructure of your office. Preparing for Web 3.0, for instance, will require all companies to rethink business as usual and adopt a wide-ranging portfolio of new online tools and services. The advent of Web 3.0 has already made a lasting effect and we can expect this trend to continue. Here are the top 3 ways it will change the workflow in the business landscape:

Real time collaboration. Complex projects can now be undertaken simultaneously by multiple people across vast distances. The software as a service model now so common with cloud computing services is making it so that documents can be synchronously changed on-line using Google docs and other services. This enables businesses to maintain a diverse and mobile workforce that can execute and launch projects outside the traditional constraints of an office. Web applications that facilitate real-time communication, such as Skype, also allow for non-location based business meetings between clients across the world. In the future, this should help reduce the energy demands of the modern office, as well as the broadband and IT requirements of the typical company.

Virtual reality communities. So far, the best example we have of a vibrant virtual reality world that has bred its own economy, global population, currency, and infrastructure is Second Life. In the future, many people will conduct the majority of their business transactions through sites like this. Everything from trade shows to business meetings to the stock market exchange could take place in an online virtual reality space. At present, VR systems are strengthening the efficiency of workplace environments by offering better visualization tools to manufacturers.

Ubiquitous smartphone use. As cell phones continue to be viewed more as online tools and replace PCs as the preferred method of web activity, we can expect businesses to adopt their widespread use. Smartphones are also increasingly used for journalism, file transfers and real time communication. Expect smartphones to be the pen of the future.

Web 3.0 will be making considerable headway in marketing, social media, and business protocol in the coming years. Many analysts expect it to dramatically change the way companies operate. Real time collaboration, virtual reality, and increased smartphone use are just three of the ways this change will be manifested.

Community Shopping on the street – NET-A-PORTER.COM’s Window Shop

Augmented Reality shopping is definitely a new trend these days. NET-A-PORTER have launched their Augmented Reality Shopping Windows in different capitals around the world like Sidney, Munich, London, Paris and New York.

The following video demo comes from late last year’s Fashion Night Out celebrations in London and New York. It will be rolled out globally now for the new Karl by Karl Lagerfeld collection. Consumers need to download the NET-A-PORTER iPhone/iPad app, then visit the stores and can use the Augmented Reality like a new shopping experience.

When pointing the iPad camera at the window, this will publish 360 degree product models doing their best on a video catwalk. It also displays product information, the clothes price and obviously the ability to purchase immediately.

Isn’t this a cool idea to offer a 24/7 shopping life? These doors are always open in the future. Well, ok their online shop as well but it is a different kind of shopping experience right…? Community shopping on the street…

THX for sharing!

Study: Social sharing buttons in email increase click-through rates

Studies from AddThis and ShareThis have illustrated how sharing trends may boost marketing efforts and how to best use them for marketing efficiency.

The latest research from GetResponse shows the influence of social sharing on email effectiveness. The study which compared social sharing preferences of email marketers, analyzed Social Media sharing via Facebook, Twitter and LinkedIn in over 2 billion email sent by customers of the email marketing provider.

The GetResponse study also found that 51.9% only use one social share icon, while 40.6% use two of those, 7.4% three, and only 0.1% four icons. Those companies that offered at least three social sharing opportunities succeeded with a 55% higher click-through rate (CTR). The findings state that the number of marketers who include social sharing buttons in their emails increased to 18.3%. This is an increase of 40% from last year.

It seems that marketers understand the benefit of shirring for their marketing efforts: more reach, more traffic, more engagement, more sales. Email including social sharing buttons had a higher click-through-rate of up to 115%: Emails that included social sharing buttons had a 5.6% CTR which stands against 2.6% CTR for those that did not use social sharing buttons.

The infographic below shows the main results of the GetResponse’s study but also illustrates the importance of connecting all social efforts with traditional marketing to succeed.

2012: Think Social Business, live Community Centric Strategy

2011 was a great year for Social Business!

Social Business got the right attention and awareness. And those companies which thought that “social trend” might go away, found themselves in business meetings, workshops, seminars, webinars with me, or conferences where people gave me the honor to be the moderator. After all, the feedback was such that I can definitely summarize the 2011 Social Business success with the opening statement.

What happened in terms of Social Business in 2011 and what is the outlook for web marketers in 2012…?

Well, first of all companies spend more time and resources understanding the challenge Social Media and Social Networking from a business perspective. We got the proof that European bosses don’t have to be persuaded to see the benefits of Twitter, that Social Media is a big internal topic, and that Social Business is critical to future business success.

ROI aspects are still key for Social Business performance. Nevertheless CMO’s were often lacking the right plan even for their Social Media efforts – and often CEO’s doubt their business credibility.

Job offerings spread around Europe, although sometimes clients asked me whether the offering is correct from a capabilities point of view. Often these openings were meant to be Social Business, in terms of a team-orientated or community-centric positions, but ended up being a “one-man-show-responsibility”: the Social Media Manager – although we all know about the importance of a multi-layer framework to set up a proper Social Media strategy.

From a client perspective companies were still very much in the broadcast or advertising mode. And the perception gap could easily be made out. Although communities were their targets, and many companies and brands tried their best to generate engagement around their business, many of them were still in an advertising scenario and mindset, instead of trying to think about change management in terms of culture and people.

Ultimately, companies have a massive opportunity in 2012 to change their perspective and become Social Business driven with the right teams…
- Teams that work with customer market intelligence.
- Teams that scale the business with social commitment.
- Teams that crave content for leadership and insights.
- Teams that understand business touchpoints in new context.
- Teams that leverage synergies between companies and brands with an appropriate plan.

And these teams don’t work internal or external. These teams group together cross-channel through Community Centric Strategy by understanding the 5C’s as the engines of Social Business: Competition – Commitment – Content – Context – Collaboration.

Finally, Google+ started listing brand pages in organic search results. One of my successful posts from November appears in the first page of the organic search results (see picture last entry).

Status updates will become a game changer in the social ecosystem and boost brand awareness. If companies and brand are blogging they should consider this in their SEM/SEO and keyword strategy when posting your topics on Google+. Marketers should consider this and watch out if this should not affect Facebook and Twitter marketing activities. Maybe it is time to invest more in content marketing…

Spot On!
All roads might lead to Rom – not many to lead to a Social Business. Companies that will work with the Community Centric Strategy in 2012 can close the perception gap between consumer and customers on their journey to companies. Social Business is about people and culture. The 5C’s of the Community Centric Strategy is a new way to Rom… but it will leave the “customer chariot” at home.

From online to offline with a smile…

We love living digital. We love being online. We love taking our mobiles with us. Anywhere, anytime, any place. However, sometimes people might make fools of us, out of our new digital reality.

In the summer the English National Opera picked up the social networking habits of Twitter and Facebook and created a great commercial that promoted their latest act, transfering our online attitudes to offline. As we all tend to pretend to be friends these days, we sometimes might loose our focus and just make our world seem to be “friendly” and “social”.

And friendly does not mean to make shopping online be easy. Many customer where I have been speaking and doing some consulting business, forget to find out and regularly double-check where their customers are “checking out”. A trend that with Google Analytics picked up with a lovely commercial that illustrates how difficult online shopping might be in the real world. Just think about the annoying digital experiences you have had in the last years, and then transfer them into our offline world. That’s what Google has done.

And it was only a loaf of bread he wanted to buy. It made me smile… And you?

AddThis: Sharing trends based on last 5 years (Infographic)

A while ago, ShareThis shared their insights why people share content. And also this year, bit.ly stated in a research they did that the half life of a link is approximately three hours.

Now, AddThis (1.2bn monthly users) is following their approach with an infographic on their 5th birthday to visualise user behaviour around Social Media sharing trends across the social web.

If you plan your next viral campaign you might consider time and day: 9:30am and Wednesday are said to be the best peaks for shareable content. Most users share content within the first 2 minutes. And 75% of shared content occur within the first day of a share. Interesting though is the fact that cut and paste sharing can still be up to 10x more used than the well-known social sharing tools.

PS: The average Twitter user shares half a tweet per day, according to Twitter CEO Dick Costolo…

Study: The Social Customer – How consumer get influenced by reviews and recommendations…

We all know that we get influenced by the 3 R’s that people publish on the Social Web: reviews, recommendations and ratings. Now, there is some more proof with the study “2011 Cone Online Influence Trend Tracker” by Cone Communications. Positive and negative information found on the Social Web have the same massive impact on how people change their minds after having received purchase recommendations.

The study shows that more than 80% of users change their minds after reading reviews whether positive or negative.

Positive reviews confirm the process of consumer decision making. 87% of the repondents were agreeing a favorable review has confirmed their decision to purchase. Still, negative recommendation can also turn down a recommended purchase. Interesting for me was that blogs get tracktion as a credible source of information when researching products and services online – an increase by 20% to 2010.

In terms of trustworthy information source, people respect the fact that somebody has used the product or service in the first place (69%). Obviously, recognized experts with product or service expertise com in the top end position (60%) when it comes to trust. However, Social Media gets more importance from a marketing perspective when people trust someoone when “he/she has a lot of social media followers” (8%).

Finally, the higher the costs for the purchase are (i.e. cars), the more likely are people to verify the quality of the product and service online. However, moderate- and low-cost purchases are also quite likely to be verified online.

Spot On!
The study is a great support in the assumption that the influence of the social customer’s has essential power in changing mindsets on purchase decisions. The experience and feedback shared on the Social Web will influence the sales funnel in the future in a way we cannot foresee yet. What is definitely clear is the fact that sales people and marketers have to change their approach on how to interact with these reviews, recommendations and ratings. This is where the competition in the sales funnel will be decided, and in the end lost or won…

Study: Three mindsets of search categorize peoples’ seach mode

According to a new study conducted by the New York Times Co.’s About.com in collaboration with Latitude there are three kinds of search behavior: “answer me,” “educate me” and “inspire me”. Thus, the study identifies some distinct human behavior search patterns which will help marketers connect and understand the target groups they are heading for.

So, how do these three search pattern types differentiate in the study that surveyed 928 Americans, age 21 to 54 with household incomes of $50,000 or higher?

“Answer me” searches accounted for 46% of all searches, the study found. People searching in this mode simply just want exactly what they ask for. They don’t want any value add. Their typical search is looking for beauty, fashion and entertainment.
Advice for marketers: The option to capitalize on an “Answer me” moment by featuring product benefits front and center, in addition to aligning content that presents quick, easy-to-find answers, offers a massive opportunity to marketers to generate leads.

“Inspire me” searches accounted for 28% of all searches. This is the typical browsing mode. Usually, people in this mode look for travel as well as home and garden.
Advice for marketers: For those consumers in the “Inspire me” mindset, creativity and different inspirational information sources will be wanted by consumers.

“Educate me” searches accounted for 26% of all searches. People searching in this mode expect to find multiple perspectives on a topic. The top categories of most interest are health and finance.
Advice for marketers: In the “Educate me” the contextual search mode marketers offer might help consumers with creating informative, multiple messages.

From a brand marketer’s point of view, the study explains that ads can be relevant to search. When nearly 90% of respondents “enjoy when brands stop trying to sell you something and focus on teaching you something,” this tells them that putting your bets on search is defenitely not the worst tactic.

Furthermore, most respondents agreed on search advertising terms…
- the best ads are the ones that work with the information source to help you get what you need (88%)
- that ads can be useful when they are very relevant to their search (77%)
- that ads have helped them find great options, deals or discounts (64%)

Spot On!
However, marketers can take their advantage from this study, being successful with the findings is still a challenge. What is the best way to identify in which mode a user is? The easiest option will probably be to have some ads for each of the categories. Still, this means to have the right content when consumers are clicking through to the landing page. If you think about it, you will understand why content marketing is seen as a major trend from CMO’s.

Studies: The internet is more important than water…?!

Can we access the internet if we have nothing to drink anymore, if our water is poluted? No, we can not! Sometimes, adults should ask themselves about, and quickly start to re-think, the values that they hand over to our kids. I am happy to have spoken with mine about this topic last year around the Blog Action Day 2010…

Some weeks ago, I have written about a UK study from the London Science Museum made clear that UK people rather prefer to have sunshine and internet connection than clean water. Now, Cisco comes up with a similar study.

The Cisco study states that one in three college students and young professionals consider the Internet to be as important as fundamental human resources such as air, water, food and shelter. The study is based on the second annual Cisco Connected World Technology Report. It examines the relationship between human behaviour, the Internet and networking’s pervasiveness across 14 countries in the world (United States, Canada Mexico, Brazil, United Kingdom, France, Spain, Germany, Italy, Russia, India, China, Japan, Australia).

Mahesh Gupta, Vice-President, Business-Borderless Networks, Cisco (India and SAARC), said in a teleconference on Thursday that about 33% across the globe and 95% Indian college students and young employees admitted that Internet was as important in their lives as water, food, air and shelter. The internet has become a crucial important thing in peoples’ lives. More than half of the respondents (62% of employees and 55% of college students) said they could not live without the Internet. They see it as an “integral part of their lives”.

From a face-to-face social perspective, it is also quite amazing to see that people had indicated that Internet was more important to them than meeting with friends, dating, or listening to music. Like in the UK study, updating Facebook seems to be of the highest priority – higher than socializing. Gupta stated that within certain countries 91% of college students and 88% of employees globally had Facebook account and check it on a daily basis at least once. Furthermore, seven of 10 employees have “friended” their managers and coworkers on Facebook, and 68% follow their manager or their work colleagues on Twitter.

From a hardware point of view, mobiles rank highest as their important technology device, as high as being “the most important technology”. Two-thirds of students and 58% of employees felt that a mobile device (laptop, smartphone or tablets) was the most important technology hardware in their lives. Young employees in the UK (74%), India (71%) and Australia (66%) ranked highest when it comes to the importance of mobiles devices.

Spot On!
The study also shows some trends that other industries should watch out for. When two of five students have not bought a physical book (except textbooks) in two years, this is a clear message to the print industry. And when 2 out of 3 choose Internet connection over cars, the it becomes clear why concepts like BMW Drive Now and Smart Car2Go become popular. However, the new trends also need to be watched from a distraction point of view when being online.

Let’s hope they don’t forget to drink some water…

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