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Private & Confidential
Perfecting The Fundamentals of eCommerce:
Practical Takeaways On Driving Traffic, Increasing Conversion And Capturing Sales
In The Growing $1 trillion Asian Retail Market
March 11th -13th, 2014, the Amara Hotel, Singapore
www.wbresearch.com/etailasia
11th of March 2014 Mobile Focus Day
12th & 13th of March 2014 Main Conference Days
Mobile commerce summit partner
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Confirmed Speakers So far: 1. Jonathan Yabut, Chief Marketing Officer, AirAsia
2. Gary Wheelhouse, Head of Digital, Harvey Norman
3. Andrew Cocker, Chief Marketing Officer, Skyscanner
4. Nikunj Shanti, Head of eCommerce, Tiger Airways
5. Dave Osh, CEO, Qnet,
6. David Lee, Head of eTailer & Social Commerce, Asia Pacific, Dell
7. Brian Hui, VP of Marketing, Amazon China
8. Damien Cummings, Regional Marketing Director, SamSung Asia
9. Andrea Domeneghini, Regional head of online marketing, Zalora
10. Ashutosh Lawania, Co-founder, Myntra
11. Saran Chatterjee, head of product management, Flipkart
12. Patrick Steinbrenner, Head of Onsite Marketing, Zalora
13. Amod Malviya, Senior Vice President, Head of Engineering., Flipkart
14. Roger Edgan, CEO, Redmart
15. Nazia Hayat, Social Media Platform Specialist, Lenovo
16. Ivan Hudyana, Head of IT Product Marketing, Samsung
17. Patrick Steinbrenner, Head of Onsite Marketing, Zalora
18. Maximilian Bittner, CEO Lazada Group
19. Patrick Linden, Founder & Managing Director, Deal.SG
20. Nazar Musa, Regional CEO Indonesia, Malaysia and Philippines, LivingSocial
21. Rostin Javadi, Managing Director, Zalora Malaysia
22. Pierre Poignant, COO, Lazada
23. Timothy Hou, Associate Director, Communications, Marina Bay Sands
24. SaeMin Ah, Managing Director, Rakuten Venture
25. Joyce Tsai, Head of Marketing, Groupon
26. Max-F. Scheichenost, Founder & Managing Partner, Alps Ventures
27. Jia En Teo, Co-founder, Roomorama.com
28. Donald Piret, Chief Technology Office, Roomorama
29. Ilias Chelidonis, Head of eCommerce, Meritus Hotel
30. Pawoot (Pom) Pongvitayapanu, CEO, Tarad.com(Rakuten)
31. Ben McIntosh, Senior Executive, Courts
32. Wahuydi, CEO, Yotomo.com
33. Alex Bono, COO, 42Ventures Ltd
34. Dan Ferguson, Director, DesignCrowd
35. Roger Yuen, CEO, Clozette
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36. Claudia Hogan, Start-up advisor, 2x entrepreneur, marketer & strategist
37. Kael Foo, Head of eCommerce, XM-I
38. Lee Yew Haur, Head of Business Analytics, Singapore Institute of Management University
39. Vinnie Lauria, Managing Partner, Golden Gate Ventures
40. Srividya Sridharan, Senior Analyst, Forrester Research
41. Minh Bui, Southeast Asia eCommerce Marketeer, E27
42. Keith Ng, CEO, Gametize
43. Angelina Seow, CEO, Jooix
44. Stefan Brunn, Global Managing Director, Lion&Lion
45. Camilo Paredes, CEO, Duriana
What your peers think
“Very well organized event with top notch companies’ insights into the eTailing industry” David Lee, Head of eTailer & Social Commerce, Asia Pacific, Dell
“I really enjoyed the show – lots of interesting speakers, great panel discussions and a good mix of retailers in the audience”
Bastian Purrer, Chief Marketing Officer, Zalora
“Overall the event was very educational - no sales pitches, will highly recommend it to others as well. Ilias Chelidonis, Head of eCommerce, Meritus Hotels
“As a newcomer to the world of eCommerce, this event provided me with the perfect forum to understand a lot of fundamentals relating to
online business and was awesome from a networking point of view as well. A fabulous event!” Shahin Padath, Head of eCommerce, Adidas Group
"Well organized and the tracks were well focused. Definitely a great experience for Translations.com and we look forward to future events."
Matt Hauser,Vice President,Content Solutions,Translations.com
“A great experience, and a great networking opportunity that already resulted in new business opportunities!” Dave Osh, CEO, QNET
"A great opportunity to learn from and network with leading brands and businesses in the e-Retail space - many interesting stories, insights and
case studies that provided a great perspective into the current and future state of what's to come in this industry."
Vincent Teo, Digital Planning Director, BBDO Proximity
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Current Partners
eTail Asia 2014 Focus Day
Capitalising on the Mobile Revolution 11
th of March 2014
Why a focus day on Mobile? Some experts argue that the future of eCommerce is m-commerce. Whether or not you agree, the rise in mobile connectivity and
mobile usage around the globe is a trend one cannot afford to ignore; and this is the case especially for Asia. The Asia-Pacific region
generated an impressive 57% of new connections in the period between 2008 and 2012 which stood at 3.3 billion. By 2015, 65% of
the world’s mobile users will be in Asia Pacific. The Mobile Focus Day will zoom in on what retailers can do to capture this growth
and how they can successfully integrate their mobile strategies with other marketing channels to truly grow traffic, improve
engagement and increase revenue.
Mobile Commerce Summit
8.55 Chairman’s Opening Remarks
9:00 KEYNOTE PRESENTATION
Defining The Mobile Generation And The Mobile Commerce Opportunity: What Do They Mean For You
Identifying your mobile user and how you can best segment your consumer base
What are the prospects and trends for growth for mCommerce: will it be the dominant force?
Learning about potential regulatory hindrances on mobile commerce
Which regions will see the highest growth in Asia and what are the differences in strategies for capturing each region?
Presenter: Damien Cummings, Regional Marketing Director, SamSung Asia
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9:20 ALL STARS PANEL
Mobile Adaptive Website Vs. Mobile App: How To Successfully Invest In Mobile Technology To Capture The Largest Audience
The debate over native app vs. web app: what’s the best user interface for m-commerce? How much more growth can a mobile app
capture?
What type of cost benefit analysis are we seeing in each and how valuable are they?
How often do you have to maintain and update an app?
Should you be developing on Android or IPhone and which is the best to capture the most market segments?
What are the potential pitfalls for a mobile and mobile-enabled website?
Panellist: Donald Piret, Chief Technology Office, Roomorama
Saran Chatterjee, Head of Product Management, Flipkart
Claudia Hogan, Start-up advisor, 2x entrepreneur, marketer & strategist
10:10 CASE STUDY
How To Adapt Your Content Management Strategy To Incorporate Mobile, Tablet And Desktop?
How to effectively reach and engage your consumers through the primary screen of mobile
How to create mobile sites that are truly user-friendly: engaging the consumer on every step of the mobile life cycle
How to implement successfully Responsive Design on mobile: where is the improvement curve?
How to successfully navigate multi-channels and a seamless switch between multiple channels, online and offline
Presenter: Gary Wheelhouse, General Manager of Digital, Harvey Norman
10:30 Refreshments & Networking Break
11:00 CASE STUDY
How To Create A “Mobile First” Strategy And Engage Consumers On Their Primary Screen Of Contact
How to successfully implement a “mobile first” strategy and what does it entail
How can you best reach the targeted customer segments through mobile?
What are the best ways to engage consumers on every step of the mobile lifecycle?
What are the cost benefit analysis of a “mobile first” strategy to a web-based design adapted to mobile
Presenter: Wahyudi, CEO, Yotomo.com
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11:20 ALL STARS PANEL
Creating A Seamless Mobile Campaign Combining Online And Offline Channels: How To Successfully Integrate Mobile Into Your eCommerce
Strategy
With over 40% of traffic coming from mobile in Asia, how can you best convert this mobile traffic?
What are the best ways to generate new qualifying traffic direct to your site?
How to align shoppers’ mobile experience with online and offline marketing campaigns
How to successfully integrate the mobile channel with other marketing channels
Presenter: Nazia Hayat, Social Media Platform Specialist, Lenovo
11:40 DRILL DOWN ROUNDTABLES 1. How to enhance customer engagement and brand impact through mobile as a new data channel 2. How to successfully advertise on mobile and what are the most efficient channels? 3. Debating the hottest regions for mobile traffic and how you can generate qualified new traffic to your site 4. How to ensure security and overcome fraud on mobile payments 5. Optimizing the user experience for shoppers on Mobile
12:40 Lunch & Networking Breaks
14:15 CASE STUDY
Making Every Dollar Count: How To Execute A Killer Mobile Advertising Strategy
How to best capitalize on location based advertising for mobile?
What are the main measurements for successful advertising on mobile?
How to executed an advertising strategy on mobile with the most cost efficient ROIs
Explaining the nuances of mobile advertising in Asia
14:35 CASE STUDY
Mobile Payments: How Can You Streamline Payments, Maximize Convenience For The Consumers And Increase Sales
Identifying the fastest payment gateways for mobile shoppers and the pitfalls to avoid in countries with less developed infrastructure
What are the prospects for standardization and having the same mobile payment system across regions?
How to successfully implement mobile payment at a low cost, does it always have to be cash on delivery?
How to ensure you are PCI(payment card industry) compliant
14:55 Refreshments & Networking Break
15:30 CASE STUDY
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Emerging Markets (Thailand): How Is m-commerce Done In The Region And What Are The Regional Mobile Strategies?
What are some of the technology considerations faced and the necessary investments?
The role of social commerce in m-commerce
What are the ROI for investing in personalisation?
How to develop a mobile strategy supported on multiple platforms
Presenter: Pawoot (Pom) Pongvitayapanu, CEO, Tarad.com
15:50 ALL STARS PANEL
Exploring SoLoMo (Social Location Based Mobile Commerce): What Does It Mean To Be Mobile Adaptive In The 21st
Century?
Mobile commerce on mobile phone is no longer enough: how do you adapt to tablet, e-reader and other mobile devices
Exploring the implications of SoLoMo and what it means for selling on m-commerce
Identifying stats and trends for converting on mobile and where are we seeing growth trends?
How to make use of the growth in NFC(Near Field Communication) in mobile devices and how will this revolutionizes payments
Panellist: David Lee, Head of eTailer & Social Commerce, Asia Pacific, Dell
Camilo Paredes, CEO, Duriana
16:40 Chairman’s Closing Remarks
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Day 1 of the conference will start with focusing on the macro-landscape of the Asian eCommerce ecosystem, covering investments into the
region, latest digital trends, logistics and fulfillment challenges and customer data analytics, this will be the comprehensive first day to cover the
fundamentals of eCommerce success in Asia. Day 1 afternoon will also give you the flexibility of formats of discussing your most pertinent topics
in intimate formats such as the Creative Boardroom to really make your experience worthwhile.
8.15 Registration
Defining The E-Commerce Ecosystem 8.55 Chairman’s Opening Remarks
9:00 KEYNOTE PRESENTATION The Future Of eCommerce In Southeast Asia: Where Does The Opportunity Lie?
Giving the backdrop on the development of eCommerce within the region, what are the main challenges the industry face?
What are the prospects for future growth trends?
What are the specific criteria for successfully launching in individual countries within Asia? Presenter: Nazar Musa, Regional CEO Indonesia, Malaysia and Philippines, LivingSocial
9:20 ALL STARS PANEL Local Players VS. Multinational Brands: What Are Their Different Approaches To Building eCommerce Strategies In Southeast Asia?
What challenges had big multinational brands faced and overcame when launching in Southeast Asia?
Who enjoys a greater advantage and what are the individual obstacles they each face? Panellist: Patrick Linden, Founder & Group CEO, DealGuru Holdings
Kael Foo, Head of eCommerce, XM-I SaeMin Ah, Managing Director, Rakuten Ventures Damien Cummings, Regional Marketing Director, SamSung Asia
10:20 KEYNOTE PRESENTATION The Evolution Of Digital Trends: How Can You Successfully Use Retargeting Strategies To Stay Ahead?
With the changes in the space for online advertising, how to track every advertising dollar spent and ensure the best ROI
Search & Retargeting, how can you drive sales on the hottest marketing channel of the year?
10:40 Refreshments & Networking Break
11:10 CASE STUDY Turning a CRM Strategy Into Your Competitive Retail Edge: How To Best Build Branding, Retain Customers And Improve Products
How can you use social media trends to help make your products more effective
How to use social media as a long term brand strategy and improve customer retention
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How to capitalize on social media experiences and integrate with CRM
Clarifying the impact of social media on sales and how should you best look at this
11:30 ALL STARS PANEL How To Successfully Navigate Multi-Channels And Create A Seamless Customer Experience For The Consumer
How can you gain a 360 degrees view of the customer across multiple channels?
How to effectively serve across multiple touch points?
How to offer effective loyalty programs across different channels
How to use real-time marketing to increase revenue
Panellist: Nikunj Shanti, Head of eCommerce, Tiger Airways Pawoot (Pom) Pongvitayapanu, CEO, Tarad.com
Andrea Domeneghini, Regional head of online marketing, Zalora Stefan Brunn, Global Managing Director, Lion&Lion
12:20 PRESENTATION
Improving the Quality of the OmniChannel Digital Experience
Retailers are racing to embrace the OmniChannel shopper. And it’s no wonder that shoppers who engage across channels prove to be the most valuable, often spending 4 - 8 times as much as those who engage over just one. Catering to the demands and expectations of the OmniChannel shopper is critical to ensuring your brand can capitalize on these incredibly valuable consumers. Unfortunately the quality of the digital experiences delivered are too often inconsistent at best, or at worst, slow or entirely unavailable. This session will delve into the expectations of the always connected consumer, examine different OmniChannel engagement methods and highlight the opportunities and challenges associated with engaging consumers across different channels.
Speaker: Bruno Goveas, Director, Web Experience Products(Asia Pacific and Japan)
12:40 EXPERT INSIGHT How Do Venture Capital Funds Evaluate eCommerce And What Are The Criteria For A Successful E-Business?
Venture Capitalist or Private Equity investment to talk about where do they see the individual growths for each region?
What are the measures and criteria for a successful eCommerce business?
Which countries specifically are the opportunities for growth for eCommerce?
Presenter: Vinnie Lauria, Managing Partner, Golden Gate Ventures
13:00 Lunch & Networking Breaks
Customer Data Analytics International eCommerce NEW! Interactive Formats
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Part I: Logistics & Fulfillment
13:55 CASE STUDY Cross-device Tracking: How Can You Implement This Effectively And What Are The Pitfalls To Avoid?
With multiple touch points of the consumer from mobile to tablet to desktop, how can you best track and identify your customer segments?
How can you best user customer analytics to build your sales strategy and drive demand
Making sense of your data to drive sales, customer segmentation and build effective product strategies, actionable data to promote better sales and product strategy
CASE STUDY Level Up eCommerce: How To Effectively Scale Up And Give Your eCommerce Business The Edge For Success
How to effectively scale up and fulfill volumes at the lowest cost possible?
What are the most important criteria to providing end to end commerce in Southeast Asia?
Shifting from a B2B to B2C infrastructure, how to adapt and move the shakers of the industry?
Dealing with customer services, call centers, how to best adapt the logistics and fulfillment value chain for Southeast Asia?
Presenter: Maximilian Bittner, CEO, Lazada Group
13:55 CREATIVE BOARDROOM Content Marketing: How Can You Generate More Stimulating Content To Improve User Experience? Presenter: Dan Ferguson, Chief Marketing Officer, DesignCrowd A more rigorous, creative and interactive approach to tackling the critical challenges you all face today. Collaborate with 11 of your peers to determine a new 3-step action plan to take back to the office and test. Share your recent experiences, challenge each other on points of disagreement and ultimately find a way forward that leverages the innovation, know-how and insights from the collective brain power in the boardroom.
14:15 ALL STARS PANEL Tying Metrics To Revenue: How Can You Best Use Your CRM And Data To Increase Sales And Retention?
How can you use your CRM and big data to build effective loyalty programs?
What are the main
ALL STARS PANEL Delivery & Fulfillment In eCommerce: How should you design and implement the entire eCommerce value chain
How can you segment the region in terms of delivery?
How do you shorten your delivery time and ensure all goods are on time, from 3-5 days to next day delivery?
Outsourcing your delivery needs: is that the
14:30 CREATIVE BOARDROOM How to implement and incorporate cultural changes that come along with the establishment of a digital eCommerce department Presenter: Gary Wheelhouse, Head of Digital, Harvey Norman
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developments in this space to identify the right customer segments and build strategies accordingly?
Speaker: Ashutosh Lawania, Co-founder, Myntra Srividya Sridharan, Senior Analyst, Forrester Research
best way to go?
How to scale up your delivery and scale down your costs for fulfillment?
Speaker: Pierre Poignant, COO, Lazada
15:10 CASE STUDY Infrastructure & Systems: Measuring The Added Value Of Successful Implementation And How To Start This At An Early Stage
Integration of your systems and preparing for the eCommerce scale up, standardization of your eCommerce platforms to improve company’s market agility and efficiency
Adapting to solutions on demand in the cloud
CASE STUDY Logistics & Fulfillment Optimization: How Can You Get Right Your Last Mile Delivery?
How can you get right the last mile delivery?
How can you improve with more time slots and more locations?
Warehouses and storage in Southeast Asia: what is the answer to optimum delivery?
Presenter: Rostin Javadi, Managing Director, Zalora
Malaysia
15:10 CREATIVE BOARDROOM How To Manage Your User Site Experience Across Multiple-Touchpoints And Optimize Conversions On Site Presenter: Joyce Tsai, Head of Marketing, Groupon
15:30 Refreshments & Networking Break
16:00 CASE STUDY How To Track Your Marketing Channel ROIs And Most Efficiently Allocate Marketing Budget
CASE STUDY Payment Solutions In Southeast Asia: What Should You Be Aware Of When Choosing Your Payment Gateway?
SYNERGY WORKSHOP START UP 101 Learning From The Most Successful Entrepreneurs In The Region On How To
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The second day of the conference will be digging into online marketing and give you a comprehensive step by step exemplar model of the
successful strategies proven to work. From engagement, to onsite user experience to conversion, the thought-leaders of the eCommerce world
will share with you their experiences on optimizing customer experience and effectively integrating their multi-channels to create a seamless
What marketing channels are giving the best ROI?
How should you allocate your marketing budget to get the highest ROI?
Understanding the attribution model
Understanding your customer data across multiple touchpoints and marketing channels, which gives you the best ROI
Presenter: Brian Hui, VP of
Marketing, Amazon China
Payment solutions variance in between each Southeast Asia regions
Dealing effectively with fraud and adapting to the best payment solutions
Do you always have to work with cash on delivery, what are the alternatives?
Standardizing the payment solutions across South East Asia
Build Your eCommerce Business
- How To Start Smart and Scale Hard
- How To Use Data to Build Your Business
- How To Build A Successful User Acquisition
Infrastructure
Max-F. Scheichenost, Founder & Managing
Partner, Alps Ventures
Co-founder and President, DocDoc
DailyDeal Gmbh, Co-founder (acquired by
Google Inc.)
16:20 CASE STUDY Delivering Actionable Data From Your Customer Analytics To Improve Sales And Drive Demand Presenter: CEO, Redmart
CASE STUDY Getting Perfect The Value Chain Across Your eCommerce Business
How should you successfully integrate data from logistics as a central core of the business?
How can you track the entire value chain of eCommerce?
16:40 Chairman’s Closing Remarks
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marketing campaign. You will also have the opportunity to hear from experts in the hottest regions such as China and India to capitalize on the
opportunities of cross-border international eCommerce.
8.15 Registration
8.55 Chairman’s Opening Remarks
Rethinking Online Marketing
9:00 ALL STARS PANEL Beyond The Basics: How To Revamp Your Multi-Channel eCommerce Strategies To Gain A 360 Degree View Of The Customer
Improve your current process which you determine the needs of your consumers
How to leverage social media and new communication tools to understand the customer and project a new image
How to adjust to new stages of omni-channel integration and engage customers on all fronts Panellist: Jonathan Yabut, Chief Marketing Officer, AirAsia
Brian Hui, Head of Marketing, Amazon China Angelina Seow, CEO, Jooix
Roger Yuen, CEO, Clozette
9:50 PRESENTATION Make it happen: Implementing a Scalable, Integrated Omni-Commerce Strategy
What are the building blocks of online commerce
Setting up a business road map
Mapping the building blocks to your business road map
Identifying the right solution
Implementation strategy Speaker: Reshma Nagpal – CEO E-bee
10:10 CASE STUDY Using Big Data Text Mining To Delve Into The Mindset Of Your Customers: What Are Your Consumers Really Saying? Presenter: Lee Yew Haur, Head of Business Analytics, Singapore Institute of Management University
10:30 INNOVATION SPOTLIGHT Sociomantic
11:00 Networking & Coffee Break
11:30 OXFORD STYLE DEBATE This House Believes That “Gamification Is The Next Big Thing For Online Consumer Engagement” Fully engage with the most contentious and divisive issues currently facing your industry. Sit back and witness industry-leading
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figures pitting themselves against each other in a battle to deliver the knockout argument. Then, continue the debate in your own small roundtable groups until you reach a majority viewpoint. Will you reconsider your position? And will you walk away with a fresh mind-set and better prepared to take on this key conundrum? Panellist: Keith Ng, CEO, Gametize Ben McIntosh, Senior Executive, Courts
12:00 Lunch & Networking Breaks
Customer Experience Life Cycle
International eCommerce Part II: Opportunities and Growth
Step 1: Engagement CASE STUDY How do you successfully market to and increase conversions across a fragmented Southeast Asia region? Presenter: Patrick Steinbrenner, Regional Director of Onsite Marketing, Zalora
13:15 CASE STUDY How To Use Social Media As A Long Term Engagement And Retention Tool
Social Media engagement – an opportunity to turn a bane into a boon: selecting the right platforms/channels)
Culture of collaboration and education to maximize opportunities
How to listen to the consumer and strike a balance between Editorial Content Strategy and Promotional Messaging
Measuring engagement success – online reputation and reach as KPI instead of ROI
Presenter: Timothy Hou, Associate Director, Communications, Marina Bay Sands
13:35 CASE STUDY How Can You Best Engage Audiences Thorough Multiple Devices And Generate Direct Traffic?
How can you engage your customers personally and give them specific initiatives?
How do you bring qualified traffic to the website which will convert?
CASE STUDY
India: How to Approach Technology in E-Commerce: Automation vs. Intelligence
The need for a paradigm shift in terms of how we think of using technology in e-commerce
A look at Big Data as a natural outcome of this shift
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Presenter: Ivan Hudyana, Head of IT Product Marketing, Samsung
Working relationship between the engineers and the business owners in relation to this concept
Presenter: Amod Malviya, Senior Vice President, Head of Engineering.,
Flipkart
Step 2: On-site User Experience THE BIG DEBATE Building A Successful eCommerce Business: Is Having Local Office Presence Always A Necessity?
How can you adapt to regional and cultural differences?
Would retailers only be successful with local knowledge and local content generator?
Which countries are the ones which vary the most?
How to adapt to the language differences across different regions and how to best adapt?
Presenter: Dave Osh, CEO, Qnet
13:55 CASE STUDY How To Build The Most Comprehensive User Experience Onsite
Building a personalized, customized website catering for a variety of customer segments
Optimising on-site experience, live chat, click to call
How to build a seamless user experience? Jia En Teo, Co-founder, Roomorama.com
14:15 CASE STUDY Assessing Online Marketing Channels And How They Can Be Best Used: What Rate Of Conversion Can You Expect From Each And How Can You Grow Revenue?
What types of channels are best for which kinds of promotions?
What percentage and rate of conversion can you expect from individual channels?
Alex Bono, COO, 42Ventures Ltd
15:05 Refreshments & Networking Break
Step 3: Conversion CASE STUDY China: How Can You Successfully Capitalize On The Growth Of The Chinese eCommerce Revolution?
What retailers have successfully launched into China and how did they do it?
What are the first Steps you need to prepare when launching
15:40 CASE STUDY Tracking Social Media’s Conversion Over Time And Assessing The True ROI
How do you track social media’s conversion over time? Can you really effectively convert on social media?
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How to drive ROI and sales over time
" How social media can support your other marketing initiatives "
Presenter: Ilias Chelidonis, Head of eCommerce, Meritus Hotels
into China?
Once you have launched, how can you grow and compete with strong local players?
16:00 CASE STUDY Content Management On Site And What You Can Do To Retain Your Customers
What are the best content management tips for conversion of users
How to track the entire journey of consumers from engagement to conversion
How to differentiate your product onsite
How to drive volumes and increase average order value
Presenter: Minh Bui, Southeast Asia eCommerce Marketeer
CASE STUDY Is The Future Of eCommerce Mobile Commerce? Defining The Obstacles And Opportunities
What are the projected growth trends for m-commerce change in Asia
How do m-commerce differ with other types of eCommerce
16:20 Chairman’s Closing Remarks