Date post: | 21-Oct-2014 |
Category: |
Technology |
View: | 415 times |
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Word-of-Mouth 3.0
Why LEAP Makes Sense in Today’s World
Mass Customization
To be successful and competitive, companies will increasingly need to anticipate and cater to the needs of individual consumers and accomplish this at scale
Word-of-Mouth Consumers trust recommendations from people they know and reviews from other customers more than any other form of advertising
Focus on Retention The online battleground is shifting from customer acquisition to lifetime value
Social & Mobile Signals
Social signals and mobile location provide a valuable new window into consumers purchase intent and interest
Targeting & Recommendation
LEAP uses those new signals combined with data sharing to improve customer engagement and lifetime value by delivering more relevant offers and targeted earned media
Create a Profit Center
Social programs are already a cost center for brand awareness. Why not leverage the work already being done to turn it into a profit center by directly driving onsite engagement and sales?
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Social Recommendation & Discovery Platform that Leverages the Power of Word-of-Mouth Marketing to Directly Drive Engagement and Sales
Data Sources: Nielsen Social Media Report - July 2012 and StatCounter Global Stats, 5/13
Over 20% of All Online Time is Social
17%
6%
77%
Facebook Other Social Networks Other
Mobile Data Usage Growing 50% Per Year
20% of Internet Traffic
Engagement and Commerce Will Shift to Where Brand Advertising Is Today
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CMO Digital Marketing Will Be Larger than IT Spend by 2017 2.5% of Revenue is Already Spent on Digital Marketing*
51.6% of all retail influenced by 2015Forrester
50+% of magazine readers look to social networks for product adviceMagazine Publisher Association - Social F5
62% of online buyers have read product related comments on Facebook Magazine Publisher Association - Social F5
* Gartner - Digital Marketing Spend Report 3/13
2017
$7B
$1B
2012
eMarketer & Gartner
Social Marketing Platform
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>$1T web influenced retail sales in 2011Forrester
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Social Networks and Marketing Led Commerce Experiences are Key Areas of CMO Focus
Applied Social Content to Clusters of Similar Customers•Landing Page•Mobile App•Product Detail•Checkout
Targeting & Segmentation•Social Login•Loyalty Programs•Commerce Actions
Social Content Earned•Posts & Comments•Reviews•Support
Leap Matches User-Generated Content with the Right Products and Right Users to Drive Sales
Product Catalog
LEAP
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E&Y VC Entrepreneur
of Year
Amit Chatterj
eeCEO
CEO of threeventure
backed firms
AveryLyford
VP Bus. Dev.
Karel Baloun
Firstsenior engineer
CTO
MitchRoider
Engineering
xNeXT & Appleengineering
Chief Data Scientist
MikeAndrews
Ph.D. Physics
Christian Galindo
VP Product
Vice PresidentAnalytics
Executives Optimized for Social and Mobile
Technical Team
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Technical Team
Technologists Strong In Social and Mobile
Karel BalounCTOTechnical strategy and leadership
Christian GalindoVP ProductProduct strategy and analytics
Zhi MaEngineerProduct data feeds and normalization
Mike AndrewsChief Data ScientistAlgorithm roadmap
Navin GoelEngineerBackend – Java and PHP
Corie JohnsonUI/UX DesignerCreates and designs LEAP’s experience
Bobby CronkiteMobile EngineeriOS development
Mitch RoiderDirector of EngineeringFull stack development
Ernst Schoen-ReneEngineerHigh volume semantic web analysis
Gerardo RoscianoEngineerProduct search/ recommendation APIs
Alfred CuellarEngineerAlgorithms in Javascript
Maria CeliaQA/TestScrum Master and Cross platform QA
Cecilia AlbornozFront End DeveloperFront end development- HTML/CSS/Javascript
Kent ShoenAdvisorMonetization
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LEAP Closes the Loop on Personalization For Greater Customer Lifetime Value
Distinctive Competence
Social and Mobile First
Earned Media / Social Content
Recommendation
& Discovery
Omni-ChannelDelivery
Better Customer Experience and Greater LTV
Recommendations Based on an Extended Social Graph Will Improve Relevance
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With Access to Pre-Existing User Profile Data, Our Content Optimization Platform Can Perform User Clustering Out of the Box
Targ
eti
ng • Social Login
Clustering precision scaled as known users visit site
• Pre-Existing User
Profiles
Clusters calculated during integration
Conte
nt • User Generated
Social Content
Cultivated as need on ongoing basis
• Reviews, Support, and Other Item-Based Content
Mappable to product catalog
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This User Profile Data Is Not Limited to Social, But Can Come from a Variety of Sources
LEAPLoyalty
ProgramsCustomer DB
Purchase HistorySocial
ReviewsCONFIDENTIAL - DO NOT DISTRIBUTE
Even When Users Are Anonymous, LEAP Can Make Assignments to Predefined Clusters Based on Log Behavior and 3rd Party Cookie Data
LEAP
Common Log characteristics
Common Log characteristics
Common Log characteristics
LEAP
Anonymous Users
Known Users
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Move Beyond RetailPersonalization for Media, Advertising, Events, Mobile, etc.
Access to Additional Data SourcesSocial, Customer DB, Loyalty, Third-Party Data
Expanded Leveraging of Earned MediaPublish and incorporate hard-earned user-generated content
Algorithm Development and TestingInstrumentation and analytics for product development
Next Steps
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