eMarketer Webinar: How Mobile Is Transforming the Path to Purchase

  • View
    14.538

  • Download
    0

  • Category

    Business

Preview:

DESCRIPTION

Join eMarketer's Noah Elkin as he provides an overview of the shifting digital commerce landscape and the information you need to stay connected with increasingly mobile shoppers.

Citation preview

©2013 eMarketer Inc.

May 23, 2013

How Mobile Is Transforming the Path to Purchase

Presented by:Noah ElkinPrincipal Analyst

Sponsored by:

©2013 eMarketer Inc.

Agenda

eMarketer’s mcommerce outlook

Defining today’s mobile shopper

Meeting the challenge of the mobile-enabled path to purchase

Brands that are dealing effectively with the “showrooming” test

Twitter Hashtag – #eMwebinar

©2013 eMarketer Inc.

eMarketer’s Mcommerce Outlook

©2013 eMarketer Inc.

Mobile is becoming a more prominent channel for retail transactions

©2013 eMarketer Inc.

But mobile itself is no longer amonolithic category

Source: eMarketer 2013

©2013 eMarketer Inc.

Consumers will continue to adopt smart devices at a rapid rate

Source: eMarketer, March 2013

2013 140.0M users 123.1M users

2014 159.9M users 143.2M users

2015 178.0M users 157.1M users

2016 193.7M users 168.1M users

2017 207.4M users 178.0M users

©2013 eMarketer Inc.

When it comes to shopping, smartphones and tablets are taking separate paths

©2013 eMarketer Inc.

More smartphone owners shop but more tablet owners buy

101.8M shoppers

Smartphones

Tablets

75% of smartphone owners shop

52.3M buyers

39% of smartphone owners buy

94.2M shoppers

84% of tablet

owners shop

70.6M buyers

63% of tablet

owners buy

Source: eMarketer, April 2013

©2013 eMarketer Inc.

Tablets tend to be associated with higher average purchase values …

©2013 eMarketer Inc.

… but in a fast-evolving market, the data tends to be fluid

©2013 eMarketer Inc.

Are tablets becoming the new PC?

Twitter Hashtag – #eMwebinar

For certain activities, the

answer appears to be “yes”

©2013 eMarketer Inc.

Consumer are starting to prefer tablets for some mobile activities like shopping

©2013 eMarketer Inc.

Tablets will drive the rise in higher value “couch and pillow” commerce

Tablets will represent 72% of mcommerce sales by 2017

©2013 eMarketer Inc.

Defining Today’s Mobile Shopper

©2013 eMarketer Inc.

Today’s shopper is literally and geographically all over the map

Note: All data are for the US

©2013 eMarketer Inc.

The customer is in charge of the customer journey

The smartphone-equipped, socially connected shopper is here to stay

©2013 eMarketer Inc.

Showrooming will continue to gain momentum

Marketers stand a good chance

of keeping purchases

in-store: 46% of

“showroomers” buy where they

search (Pew, Jan. 2013)

©2013 eMarketer Inc.

But not everything about showrooming is negative: Some aspects point to advanced shopping behaviors

©2013 eMarketer Inc.

Shopping is about me: Satisfying my needs and enjoying a personalized experience

Twitter Hashtag – #eMwebinar

©2013 eMarketer Inc.

It’s not always about the sale

Today’s consumers

expect marketers to engage them

with stories

©2013 eMarketer Inc.

That is why content marketing has surged on marketers’ priority lists

©2013 eMarketer Inc.

If content is king, context is queen in today’s mobile-enabled world

©2013 eMarketer Inc.

The shopping cart isn’t always the endpoint

Think of it as a place to consolidate information, not necessarily the final step before a purchase

©2013 eMarketer Inc.

Meeting the Challenge of the Mobile-Enabled Path to Purchase

©2013 eMarketer Inc.

Remember that primetime is anytime when it comes to mobile

©2013 eMarketer Inc.

Consider how mobile ads drive action

The display-search relationship works similarly in a mobile context

Note that smartphones and tablets have increasingly distinct usage patterns

©2013 eMarketer Inc.

Also pay attention to location, channel and intent

A lot of mobile search activity is

designed to qualify future

purchases, not to satisfy immediate

needs

Twitter Hashtag – #eMwebinar

©2013 eMarketer Inc.

Advertise locally for consumers who shop globally

Take advantage of the unique attributes of mobile, including:

Location targeting

Highly personalized ads

©2013 eMarketer Inc.

Keep in mind that in-store shoppers tend to be more receptive to ads

©2013 eMarketer Inc.

Brands That Are Dealing Effectively with the Showrooming Test

©2013 eMarketer Inc.

Retailers are focusing more attention on showrooming as the behavior moves to the mainstream

Twitter Hashtag – #eMwebinar

©2013 eMarketer Inc.

Brands like Tesco that remove the barrier of place will win out in an omnichannel environment. Consumers expect to shop anytime, anywhere

through their interface of choice—you need to be there to serve them.

Take the store out of the store

©2013 eMarketer Inc.

Showrooming is largely about price and convenience, but there’s more to an ongoing customer relationship than the best deal and fast delivery. Physical

stores like Walgreens trump online shopping by adding services that facilitate repeat purchases and loyalty.

Focus on value-added services

©2013 eMarketer Inc.

Smart brands like Apple combine the human desire to experience the product in a tangible way with superlative customer service and a purchase process

that negates the most common frustrations of the brick-and-mortar experience.

Emphasize merchandizing and the human element

©2013 eMarketer Inc.

Cultivate the branded in-store experience

People crave unique experiences, and brands like Williams-Sonoma that make the shopping process pleasurable and engaging will win out with many

consumers over the quick-and-easy allure of an online purchase.

©2013 eMarketer Inc.

Brands like Nordstrom see showrooming as a way to forge a better relationship with the customer. Supporting socially engaged, commerce-enabled,

responsive interactions across all device platforms will create a truly seamless shopping experience.

Embrace change and raise your digital IQ

Tablets exceed Smartphones: Global share of page views

Feb 2013

Source: Adobe Digital Index

Conversion rates by mobile device type

1.1%

Source: Adobe Digital Index

Adobe® Creative Cloud™

Adobe®Marketing Cloud

Mobile Sites

Mobile Apps

Mobile Tactics

QR Codes

SMS

Display and Search Ads

Adobe & Mobile Marketing

CREATE

DELIVERANALYZE

OPTIMIZE MANAGE

Learn more about Adobe solutionsSales: 877.722.7088

Marketing Cloud: http://www.adobe.com/solutions/digital-marketing.html

Digital Index: http://www.adobe.com/solutions/digital-marketing/digital-index.html

©2012 eMarketer Inc.

Sponsored by:

You will receive an email tomorrow with a link to

view the deck and webinar recording.

Noah Elkin

Q&A SessionHow Mobile Is

Transforming the Path to Purchase

Over 200 eMarketer reports are published each year. Here are some recent reports you may be interested in:

Dynamic Pricing: What Retailers Need to Know About Competing in Real Time

Real-Time Marketing: Speeding Up the Creative Process

US Mobile Users: 2013 Forecast and Comparative Estimates

US Retail Ecommerce: 2013 Forecast and Comparative Estimates

State of Mobile Search 2013: Key Trends in Mobile SEO and SEM

Learn more about digital marketing with an eMarketer corporate subscription

To learn more: www.emarketer.com/corporate

800-405-0844 or webinars@emarketer.com