Date post: | 20-Jul-2015 |
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Keeping Pace with Consumer Expectations
Gamestop - A Tailored Experience for Every Shopper
Elias Moubayed – GM EMEA - Certona
Confidential 2
Established Experience
Over
$3.2BClient Revenue
in 2013
in Real-TimeGenerating
11YEARS
Years in Marketplace
Personalized Experiences served per month
BILLION30
50Countries
550+eCommerce Sites
Across
Predictive Cloud
PREDICTIVE ANALYTICS
DIGITAL ASSETS
APIs
CONSUMER PROFILES
Certona Predictive Cloud™
Confidential 4
Certona® Predictive Cloud™
CUSTOMER ENGAGEMENT OBJECTIVES
Certona’s proprietary real-time predictive analytics engine is a 100% cloud-based SaaS solution that captures, analyzes, recommends and delivers relevant content for brands.
Personalized Experience Management Platform
1:1 REAL-TIME TARGETING
CHANNELSASSETS
Driven by customer profile data.
Use history to determine what brands to promote.
Personalisation
Powered by:Customer DataBusiness ObjectivesMerchandising rules
Optimize for performance
Ability to target and test delivery of creative assets
Recommendations
Creative
Offers
Categories
Brands
Global Multi-channel, Specialty Retailer Operating in the Global Video Game, Consumer Electronicsand Technology Space
Fortune
500
Headquarters
Grapevine, Texas
S&P
500
6,600Stores
15 Countries +
www.GameStop.com
$8.8B2013
About GameStop NYSE: GME
What does omnichannel mean to GameStop?
Maximize engagement, revenue and loyalty by offering customers choice and convenience.
Personalization Goals
• Automate Personalization
• Catalog Exposure/Drive Product Discovery
• Great Customer Experience
• Increase Revenue
GameStop Omnichannel
Started slowly with limited testing
• Home page
• Certain category pages
• Limited number of recommendations
• Below the fold
Tested various personalization strategies
• Most Popular, Coming Soon, Trending, etc.
• Tailored to deliver the most relevant of each type based on profile and real-time context, for ex.:
• Experience for customer who usually buys/browses 1st person shooter games for Xbox
Vs.
• Experience for customer who usually buys/searches rated E games for Wii U
Web Getting Started
Quickly saw promising results
• Moved recommendations above the fold
• Added more recommendations
• Tested different personalization types for individual recommendations
• Created customized strategies to maximize sales
• Products coming soon/available for pre-order
• Products on sale
• Recently released products
Web Optimize: Homepage
MostPopular
Trending ComingSoon
Added Recommendations to the PDP
• Customers Who Bought This Also Bought
• Combines product affinities with profile and real-time activity
• Delivers the most relevant recommendations
• Ex., 1st person shooter preference would see that type of game
• Before seeing other types of games with an affinity to clicked product
• Recommended for You
• Mixes personalization types and merchandising rules, Ex.:
• Historical products
• Like products
• Merchandised – always show or associated list
• Accessories – inclusion or associated list
• Due to success also added personalization to cart and no search result pages.
Web Optimize: Product Detail Page
Recently Viewed Similar
MerchandisedAccessories
Average Order ValueResponder rate higher than non-responder rate by
Items Per OrderResponder rate higher than non-responder rate by
Web Results
Conversion RateResponder rate higher than non-responder rate by
Ongoing OptimizationPartner with Certona for continuous improvement and testing including:• Just scratching the surface on email, continuing
to pursue
• Placements & Strategies
• Personalized creative, offers, content
Recommendation DemandPercent total revenue directly from purchased recommendations
2014 average 14%
2014 Increase year-over-year
as extended and optimized 45%
Up To 29%
Up To 22%
Up To 41%
Necessity for an Omnichannel Experience
• With over 4500 stores in the US online sales are only part of the story
• We needed a way to incorporate in-store behavior into our personalization/recommendation strategies
Omnichannel In-Store Data Integration
Responder Demand
Massive improvement 2X lift!
Personalizing the GameStop Mobile site
• Launched mobile personalization in late 2013
• Based on success on the desktop site we were much more aggressive with our Certona implementation
• Launched on Homepage, Product Detail and Cart pages simultaneously
• Works similarly to website pages w/ added ability to incorporate locational context (geo-fencing available)
• Suggested based on profile and real-time activity
• Like Web, changes based on customer profile and activity
Omnichannel Mobile
Results2014 Recommendation Demand% total revenue from purchased recommendations
14%
2014 AOV up toResponder higher than non-responder
35%
2014 Conversion Rate up toResponder higher than non-responder 29%
Customer Experience
Brian is interested in an Xbox One
He He pulls out his laptop and goes to GameStop.com
If he were a new visitor he’d seea variety of game and product types
Within 3 clicks his profile would be createdand personalization would become increasingly tailored to Brian’s activity
But Brian is a returning visitor who • Usually purchases 1st person shooter games for Xbox 360
• Recently browsed Xbox One games
• Xbox One console is a hot seller being merchandised
MerchandisedSimilar to Profile Recently Viewed
Customer Experience
Brian clicks the Xbox One Limited Edition recommendation, takes him to PDP
He clicks on some recommendationswithin the Xbox One product page, logs off and heads to work
At lunch he continues shopping on his phone• Pulls in most relevant recently viewed, accessories and similar
• Brian submits a Pickup@Store order for the Xbox One Limited Edition Call of Duty: Advanced Warfare Bundle
Recently Viewed
Accessories
Similar
Customer Experience
After work Brian goes to the store
He purchases an Xbox One Limited Edition Call of Duty: Advanced Warfare Bundle with 1 year of Xbox Live Gold
He heads home with his purchase, sets up and plays for while
Before going to bed he checks email on his tablet
He opens an email from GameStop that includes
• Recently viewed
• Accessories for most recent purchase
• Similar to most recent activity
• Merchandised – associated collectibles
He purchases the Xbox One Call of Duty Advanced Warfare Controller and the Xbox One Special Edition Headset
Recently Viewed
AccessoriesSimilar
Merchandised
Learnings
• It’s a long term, strategic commitment
• It’s a process
• You are the subject matter experts
• Keep it simple (trust the engine)
• Test, Test, Test…..keep testing
# o
f C
lie
nts
3% 10% 16% 35%
New Client
Low Engagement
Few Locations
Simple Strategies
Basic Support
Set and Forget Medium Engagement
More Channels
Better Locations
Better Strategies
Leverage Testing
Plus Support
The Path to Success
Strategic Partnership
High Touch Engagement
Revenue Optimization
Maximize Testing Capabilities
Best Practices
% of Revenue Contribution(Recommendation Demand)
13%Client base average
Thank you!
Q&A
Video Link:
https://vimeo.com/102648518 (password: success)