Date post: | 19-Nov-2014 |
Category: |
Technology |
Upload: | demac-media |
View: | 441 times |
Download: | 4 times |
The Future of Canadian eCommerce
The Basics Aren’t Changing
Acquisition
Conversion
Retention
Order of priority as you build and scale into new channels / markets.
It was so much easier…(Acquisition, Conversion, Retention)
Golden Age of Retail
(Multiple Stores)
Birth of Digital Retail(Acquisition, Conversion, Retention)
Two Sets of
Customers
Physical Store
Transactions
Web Store(s)
Multi-Channel Retailing!(Acquisition, Conversion, Retention)
Still, Silos of
Data
Physical Store
Transactions
Marketplaces(Ebay, Amazon)Web Store(s)
Let’s be honest, this is where most digital retailers are today...
More Channels = More of Everything(Acquisition, Conversion, Retention)
Ok, now we have a problem.
Physical Store Transactions
Cars?
Social Networks
Mobile / Devices
Wearable Tech
iBeacon
Web Store(s)
Marketplaces
Multiplier Effects
• The more channels we add onto this “omni-channel” world, the more revenue opportunities become available.
• Each new channel effectively has a multiplier effect on existing processes and technologies required.
• Each new market you enter (Think Global) is also a multiplier.