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Consumers Changing their Buying Habits Social Commerce “Please feel free to Tweet @wvrknight during this sessio n”

Social Commerce Internet & Mobile World 2012, Romania

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Sessions to attend: Keynote Presentation Social Commerce - consumers changing their behaviour (Romtelecom & COSMOTE Stage, Day 2, 14:00 - 14:30) More about Warren Knight: Warren Knight co-founder of Gloople, the Worlds 1st "Social Sharing" eCommerce platform and a Top 100 Start-up. With 20 years experience in selling products and services, Warren is a professional speaker, trainer, author and consultant specializing in Social Commerce, helping companies use Social Media and Digital Commerce to achieve a multi-channel experience to drive traffic and better understand their customers. His entrepreneurial skills started in the music industry at the early age of 19. After receiving a grant from the Prince's Youth Business Trust by the age of 22, Warren started his own music and clothing European Distribution Company. Focusing on business growth he became the director of a global stationary and accessory business working with Disney and Nickelodeon, growing a licensee from $5Million to $30Million selling to over 40 countries in a 5-year period achieving $1 Million sales in 1 month.

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Page 1: Social Commerce Internet & Mobile World 2012, Romania

Consumers Changing their Buying Habits

Social Commerce

“Please feel free to Tweet @wvrknight during this session”

Page 2: Social Commerce Internet & Mobile World 2012, Romania

Sales Techniques for SME

Warren KnightSpeaker / Author / Consultant

CEO, co-founder of

20 years Retail Experience5 years Social Media

International Business

Social Media for Business

Page 3: Social Commerce Internet & Mobile World 2012, Romania

Online Store

Ratings &reviews

Peer to peersharing discount

EmbeddedFacebook

store

GroupBuy & FlashSale

Refer a friend

Social integration

Mobile platform

Affiliate network

Page 4: Social Commerce Internet & Mobile World 2012, Romania

Production Era

Henry Ford 1920’s

Model “T” Production12.5 hours before 93 minutes afterwardsCost: $825 ($33) > $280

Page 5: Social Commerce Internet & Mobile World 2012, Romania

Marketing Era

1950’s 1st TV Advert

"It's tingling fresh. It's fresh as ice. It's Gibbs SR toothpaste.”

Brands told us what they

want us to buy

Now Only 14% of us

trust Advertising

90% of us trust our Friends recommendation of a product or

service

Page 6: Social Commerce Internet & Mobile World 2012, Romania

SoLoMo Era

Connected 24/7

Our philosophy is to fish where the fish areAdam Brown – Coca Cola 50 Million

“Likes”

Page 7: Social Commerce Internet & Mobile World 2012, Romania

Why are Social Network Important to Brands?

50%+ of Social media users access via their Smartphone

57% of online shoppers have spent more that $100 on Social Commerce websites, like Groupon & Living Social

42% of online consumers follow brands on Social Networks

79% of Businesses said Social Media is Business Imperative

Over 50% of consumers expect customer service through SM

90% trust peer-to-peer relationships vs 14% Advertising

35% of consumers, said they would buy through Facebook

77% of Smart Phone users, go online while on-the-go

Page 8: Social Commerce Internet & Mobile World 2012, Romania

Social Conversation

Page 9: Social Commerce Internet & Mobile World 2012, Romania

Chirpify

Page 10: Social Commerce Internet & Mobile World 2012, Romania

f-commerce & t-commerce

Page 11: Social Commerce Internet & Mobile World 2012, Romania

Facebook

Page 12: Social Commerce Internet & Mobile World 2012, Romania

Pop-up Store– 1-click purchase

Page 13: Social Commerce Internet & Mobile World 2012, Romania

Value of a Fan

Page 14: Social Commerce Internet & Mobile World 2012, Romania

Foursquare

Video Commerce = 5 Million Subscribers

Page 15: Social Commerce Internet & Mobile World 2012, Romania

Pinterest - Value of a Fan

Pinterest .75c in new sales for Zappos. Facebook $2.08 3 x as valuable as a Pin Twitter generates massive $33.66 in sales 45x

Page 16: Social Commerce Internet & Mobile World 2012, Romania

Pin2Sell

p-commerce

Page 17: Social Commerce Internet & Mobile World 2012, Romania

Foursquare

Location Based Marketing

Page 18: Social Commerce Internet & Mobile World 2012, Romania

Multi-channel

Page 19: Social Commerce Internet & Mobile World 2012, Romania

7 Social Commerce Tips to Take-away

Online + Offline Integration – DIGITAL FIRST Incorporate Social Media into PR, email, direct mailing & advertising

Tracking Social Media ROI Utilise Google Analytics and tools like Hootsuite to test and track

Marketing MixIntegrate SoLoMo into your traditional marketing

Social CommerceConsumers connect where they buy & buy where they connect

Mobile Commerce Is your website mobile compatible - Responsive or Native apps

SMOCreate your online voice & communication using your keywords

Social SharingGive your consumers the opportunity to curate

Page 20: Social Commerce Internet & Mobile World 2012, Romania

Speaker / Consultancy / Training / Mentoring

Tell us What You

Think