26
Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 1 We know review volume increases conversion... h"p://www.bazaarvoice.com/industries/Higherreviewvolumeandaveragera;ngcorrelatewithorderincreases.html Industry Case Study

Inspire: Voice of the Customer

Embed Size (px)

Citation preview

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 1

We know review volume increases conversion...

h"p://www.bazaarvoice.com/industries/Higher-­‐review-­‐volume-­‐and-­‐average-­‐ra;ng-­‐correlate-­‐with-­‐order-­‐increases.html Industry Case Study

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 2

…so imagine having reviews the day a product launches

h"p://www.bazaarvoice.com/industries/Higher-­‐review-­‐volume-­‐and-­‐average-­‐ra;ng-­‐correlate-­‐with-­‐order-­‐increases.html Industry Case Study

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 3

Reviews can increase orders across your portfolio

IR25 mass merchant retailer

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 4

A better way to sample

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 5

The traditional way to sample

BRAND

TRIAL SIZE

•  Limited scalability •  Limited low-quality feedback •  Short-lived impact on sales •  Difficult to measure •  Expensive

Product Consumer

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 6

The Bazaarvoice Way to Sample

BRAND

Product Consumer Ratings, reviews &

photos on site

Content influences many

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 7

Sampling Introducing

Accelerate review & UGC

collection

Reward your loyal brand

advocates

Scale Content across

the network

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 8

1. Your own branded sampling program and community, white-labeled and powered by BV.

2.  Invite your best customers and advocates to join.

3. Manage your program with a BV-powered portal.

Benefits:

• Collect rich UGC (reviews, photos, videos) faster

• Launch new products or seasonal items ready with UGC

• As a brand, syndicate your content to your biggest retailers, outside of amazon.com

Bazaarvoice Sampling

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 9

Bazaarvoice Sampling – Engage Your Fans

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 10

OxiClean New Product Launch

New!

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 11

Scale content on retail sites and owned channels

Confidential and Proprietary. © 2014 Bazaarvoice, Inc. 12

Generate Reviews, Photos, and Social Content

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 13

350 Million Photos posted daily

60 Million Photos posted daily

58 Million Photos Tweeted daily

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 14

Visual Commerce

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 15

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 16

Left Brain Right Brain |

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 17

Rational

• Numbers

• Ratings

• Product Specs

People are both Rational and Emotional

Emotional

• Photos

• Videos

• Stories

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 18

Visual UGC in Purchase Path Drives Results: Clinique

25-66% Engagement

3-9% Lift in Conversion

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 19

Visual UGC in Purchase Path Drives Results: Adonit

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 20

Visual UGC in Purchase Path Drives Results: Samsung

Confidential and Proprietary. © 2014 Bazaarvoice, Inc.

Homepage galleries increase time on site and have a strong engagement rate

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 21

Visual UGC in Purchase Path Drives Results: Sony

Confidential and Proprietary. © 2014 Bazaarvoice, Inc.

Social content on product pages increased time on site and repeat visits

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 22

Visual UGC in Purchase Path Drives Results: Sony

Marriage of content & context: Sony products being evangelized on Sony products, literally, in Sony retail stores

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 23

Visual UGC in Purchase Path Drives Results: Kohl’s

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 24

Offline  Sales  Impact  from  

Online  Research  

Total  Revenue  Impact  

Digital  Media  Efficacy  

(Banners,  Email..)  

Conversion  LiO  to  

brand.com

Value Drivers

Organic  Search  LiO  brand.com

Other  (Product  

insights,  lower  returns…)  

Precise   Direc;onal    Measurement  Accuracy    

 Phase  1    Phase  2+  

Syndica;on  Value  to  Retail.com

How are you harnessing you the voice of your advocates?

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 26

Thank you