Date post: | 13-May-2015 |
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HOLIDAY RETAIL TRENDS & BEST PRACTICES: HOW TO ATTRACT SHOPPERS AND DRIVE PURCHASES
DIRECTOR OF MARKETING, KAILEI RICHARDSON
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• Changes in holiday retail digital advertising over the past few years
• How to use digital advertising to drive purchases online and in stores
• Shopping trends on mobile and tablet devices
• Compelling holiday creative and the best features to engage consumers and drive interaction
• Holiday campaign performance data, benchmarks and best practices
IN THIS 30 MINUTE WEBINAR WE’LL COVER:
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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• ASK QUESTIONS
• FOLLOW @POINTROLL
• TWEET ALONG #HOLIDAYTRENDS
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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HOLIDAY SEASON IS RIGHT AROUND THE CORNER…
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• Jingle all the way back to 2011: Retail holiday shopping trends
• Secret Santa: Four secrets to successful holiday campaigns
• Thinking Outside the Box: Engaging holiday creative and innovative formats
• Delivering Gifts: 2011 retail holiday benchmarks & best practices
TIME TO SPREAD SOME HOLIDAY CHEER
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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JINGLE ALL THE WAY BACK TO 2011: RETAIL HOLIDAY TRENDS
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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ECOMMERCE HOLIDAY SALES ARE ON THE RISE
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
Source: http://www.iab.net/insights_research/industry_data_and_landscape/1675/1980687
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OVERALL, CONSUMERS ARE SPENDING MORE ONLINE
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
http://blog.compete.com/wp-content/uploads/2011/12/holiday-spend-december-11.png
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TOP HOLIDAY PRODUCT CATEGORIES
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
http://blog.compete.com/wp-content/uploads/2011/12/products-bought-december-11.png
Clothing/Shoes Toys/Games Gift Cards
Electronics Movies/Video Games
Books
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BLACK FRIDAY AND CYBER MONDAY SHOWED INCREASES IN ITEMS, VALUE
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
Source: http://totalaccess.emarketer.com/QuickTake.aspx?gannett&R=5500056&dsNav=Ro:22,N:908-406
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1. Monday, Nov. 28 (Cyber Monday) - $1,251
2. Monday, Dec. 5 - $1,178
3. Monday, Dec. 12 (Green Monday) - $1,133
4. Tuesday, Nov. 29 - $1,116
5. Tuesday, Dec. 6 -$1,107
6. Friday, Dec. 16 (Free Shipping Day) - $1,072
7. Tuesday, Dec. 13 - $1,064
8. Wednesday, Nov. 30 - $1,025
9. Thursday, Dec. 8 - $1,024
10.Thursday, Dec. 15 - $1,018
TOP HOLIDAY ONLINE SPENDING DAYS ‘11
(IN MILLIONS)
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
http://www.comscore.com/Press_Events/Press_Releases/2012/1/U.S._Online_Holiday_Shopping_Season_Reaches_Record_37.2_Billion_for_November-December_Period/
Source: comScore, Jan. 2012
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HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
SECRET SANTA: FOUR SECRETS TO A SUCCESSFUL 2012 HOLIDAY CAMPAIGN
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1MAKE MOBILE & TABLET
ADVERTISING A PRIORITY
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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• Tablet users have doubled
• Smartphone users have increased by 23%
• Mobile internet users have increased by 22%
MOBILE LANDSCAPE SINCE 2011
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
1515Source: http://totalaccess.emarketer.com/Chart.aspx?R=117865&dsNav=Ro:7,N:908-406
MOBILE PHONES ARE IN-STORE “SHOPPING ASSISTANTS”
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
• Seek out best prices
• Access coupons
• Find customer reviews and product ratings
• Taking photos and sending to friends/family
1616Chart#1: http://totalaccess.emarketer.com/Chart.aspx?R=117812
Chart #2: http://totalaccess.emarketer.com/Chart.aspx?R=117386
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
• Online shopping on tablets were over 3x higher than a mobile phone
• Average order values here higher for tablet purchases versus other devices
• 60% of tablet owners expect to use their tablet to research or purchase products in 2012, 3x the rate of mobile phone users (Baynote's 2012 Holiday Online
Shopping Experience Survey)
TABLET COULD BE THIS YEAR’S SUPERSTAR
1717Source: http://www.emarketer.com/Article.aspx?R=1009224
MOBILE & TABLET ADS DRIVE PURCHASES ON PCS
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
• 25% of tablet users and 22% of smartphone users made purchases on a PC after seeing a mobile ad.
• Shoppers sought out more information after seeing an ad.
• Tablet users were more likely than smartphone users to report interacting with ads in any way.
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CROSS-CHANNEL ADVERTISING IS ESSENTIAL
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
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THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
“72% of consumers want an integrated marketing approach consistent across mobile, social, TV…”
MyBuys July 2011
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~80% OF PEOPLE ARE USING MORE THAN ONE CHANNEL TO MAKE PURCHASE DECISIONS
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
Source: Cross-Channel Commerce: A Consumer Research Study, Oracle, Jan 2011
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CROSS-CHANNEL SHOPPING BEHAVIOR DURING 2011 HOLIDAY SEASON
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
Source: Google and Ipsos OTX, "Post Holiday Shopping Intentions Study" as cited in Google, "2011 Post-Holiday Recap," Jan 2012
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3MAKE YOUR CAMPAIGNS ‘PINTERESTING’
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
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THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
Source: 2012 Social and Mobile Commerce Study, Shop.org, comScore and The Partnering Group
9.3
8.5
6.9
Average Amount of Retailers US Consumers Follow
PINTEREST IS LOOKING MORE THAN PROMISING FOR RETAILERS
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1. Clothing and Apparel (39%)
2. Jewelry, Handbags and Accessories (23%)
3. Art, Art Supplies and Hobbies (22%)
4. Home, Garden and Pool/Spa (18%)
5. Health and Beauty (14%)
PINTEREST IS LOOKING MORE THAN PROMISING FOR RETAILERS
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
Source: 2012 Social and Mobile Commerce Study, Shop.org, comScore and The Partnering Group
59%
33%
% of Users Who Purchased an Item They Saw on the
Site
Top Purchase Categories on Pinterest
Source: Bizrate Insights, June 2012
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DON’T FORGET ABOUT EXPERIENCE
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
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RICHER, INTERACTIVE FORMATS OUTPERFORM STANDARD FLASH
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
Source: 2011 PointRoll Benchmark Report
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RICHER FORMATS DRIVE RECOMMENDATIONS
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
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THINKING OUTSIDE THE BOX:
THE EVOLUTION OF INTERACTIVE, RICH DIGITAL ADVERTISING
ENGAGING HOLIDAY CREATIVE AND INNOVATIVE FORMATS
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HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
Rollover CTA
Interactivity / Product
Categories
Product Carousel
PricingClick Through
to Website
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HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
Rollover CTA
Interactivity / Gaming
Discounted Offer / Click Thru
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HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
Shopping Style Options
Shopping Style Options
Suggestive Product Category Carousel #1
Suggestive Product Category Carousel #2
Roll Over CTA
Highly Interactive
Product/Gift Finder
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HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
• Appended to national video with local, actionable, targeted messages
• Present message to user based on demographic, behavioral or geo data
• Use data feeds & relevant deals to dynamically create custom experiences
• 78% of viewers viewed interactive in-stream ads in their entirety, compared to 69% who watched basic in-stream ads without interactive elements in their entirety. (PointRoll 2011 Video Benchmark Study)
CLICK HERE FOR DEMO
INTERACTIVE IN-STREAM
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HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
PIN IT BUTTONCLICK TO “PIN” ON PINTEREST PAGE
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MOBILE RICH CREATIVE
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
CLICK HERE FOR DEMO
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DELIVERING GIFTS: 2011 RETAIL HOLIDAY BENCHMARKS & BEST PRACTICES
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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2011 HOLIDAY SEASON DISPLAY BENCHMARKS
Display Format Interaction Rate Avg Brand Interaction Time Panel CTR Total CTR
Expandable 4.00% 19.94 0.80% 0.12% Pre-Expandable 6.71% 16.04 0.44% 0.48% Polite 1.29% 14.38 0.08% 0.07% Grand Total 2.86% 16.80 0.15% 0.11%
Source: Nov - Dec 2011 PointRoll Benchmarking Data
Holiday Season Nov - Dec
Display Format Interaction Rate Avg Brand Interaction Time Panel CTR Total CTR
Expandable 4.67% 19.51 0.94% 0.16% Pre-Expandable 3.87% 17.40 0.24% 0.29% Polite 0.81% 13.69 0.08% 0.08% Grand Total 2.81% 16.93 0.16% 0.12%
Source: PointRoll Black Friday (Nov. 25, 2011) Benchmarking Data
Black Friday 2011
Display Format Interaction Rate Avg Brand Interaction Time Panel CTR Total CTR
Expandable 3.94% 21.42 0.94% 0.13% Pre-Expandable 1.90% 16.78 0.30% 0.35% Polite 0.57% 17.37 0.08% 0.08% Grand Total 2.43% 19.05 0.16% 0.12%
Source: PointRoll Days Leading up to Black Friday (Nov 1 - 24, 2011) Benchmarking Data
Days in November 2011 leading up to Black Friday (2011)
Display Format Interaction Rate Avg Brand Interaction Time Panel CTR Total CTR
Expandable 4.21% 19.26 0.65% 0.14% Pre-Expandable 1.97% 17.92 0.87% 0.87% Polite 0.70% 14.66 0.05% 0.05% Grand Total 2.08% 16.98 0.13% 0.11%
Source: PointRoll 2011 Cyber Monday (Nov 28) Benchmarking Data
Cyber Monday 2011
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BEST PRACTICE: PAPERBOY UNIT
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
Connecting consumers to retailers via dynamically generated and locally relevant e-circular ads
Promotional CTA
Store Finder / Geo Look Up
InteractivityInteractivity
Pricing Promotion
Pricing Promotion / Pricing
Product Feed
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BEST PRACTICE: COUPONING
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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BEST PRACTICE: DYNAMIC CREATIVE OPTIMIZATION
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
• Deliver the right message with the right imagery at the right time to the right user
• Fully Customizable Dynamic Solution Based on Advertiser’s Goals (KPI’s)
• Identify and target audience segments with advanced audience analytics
• Target, re-target and optimize both creative and performance within a single platform, team and reporting tool
PROFILE 1
PROFILE 2
CLICK HERE FOR DEMO
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SIT
E E
VEN
TS
ROLLOVER TO SHOP
CLICK TO EXPAND
ROLLOVER TO DESIGN YOUR NEW BEDROOM
Save Up To
10%
ROLLOVER TO DESIGN YOUR NEW BEDROOM
Save Up To
10%
SHOPPINGCART
DISPLAYAD
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ROLLOVER TO EXPAND
Find a Store to
Get Fitted
CLICK TO EXPLORE
Customize Your Suit
TodayCLICK TO EXPAND
ROLLOVER TO DESIGN YOUR NEW BEDROOM
Save Up To
10%
ROLLOVER TO EXPAND
ROLLOVER TO EXPAND
ROLLOVER TO SHOP
CREATIVE A
CREATIVE B
CREATIVE C
SEQ
UEN
CIN
G
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ROLLOVER TO SHOP
CLICK TO EXPAND
ROLLOVER TO DESIGN YOUR NEW BEDROOM
Save Up To
10%
ROLLOVER TO EXPAND
ROLLOVER FOR 2011 BLUE LABEL COLLECTION
SHOP THE RUNWAY LOOKS
RETA
RG
ETIN
G
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IT’S A WRAP!
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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• Retail holiday shopping trends
• Four secrets to successful holiday campaigns1. Mobile/Tablet
2. Cross-Channel Advertising
3. Pinterest
4. User Experience
• Innovative holiday creative and engaging formats
• 2011 retail holiday benchmarks & best practices
RECAP
HOLIDAY RETAIL BEST PRACTICES AND PAST TRENDS
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Q & A
TO SEE MORE HOLIDAY EXAMPLES OR GET STARTED WITH YOUR HOLIDAY CAMPAIGN CONTACT YOUR POINTROLL REP OR