Working With Different Platforms to Maximize your Global Reach - Clarence Chew Ex-Chief Marketing Officer, Decathlon
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Working With Different Platforms to Maximize your Global Reach Clarence Chew Ex-Chief Marketing Officer, Decathlon
“32% of global business revenue will be at risk due to digital disruption by 2020.” – Massachusetts Institute of Technology
“Everything exists in context. Nothing is simply good or bad. It’s either better or worse than the alternatives it’s compared to.” – Dave Trott, Author
Decathlon • Sports Equipment (>50 sports) • Designer, Manufacturer, Retailer • 28 Countries • 1,300 Stores • 70,000 Employees • 10 Billion Euros Revenue (2016)
Imagine….
Too Many Choices
Main Issues Faced • What e-commerce/digital platform? • How to design a friendly face to customers? • How to manage products across different countries? • How to collect data; what data to collect? • Who is my customer? How do I talk to them? • How do I continuously engage my customer?
? ? ?
Making Things Work
E-commerce/Digital Platform 1. Budget vs. intended scale? 2. Level of tech advancement 3. Level of understanding 4. Logistics capabilities 5. Hosting capabilities
E-commerce/Digital Platform QUESTIONS?
User Experience 1. Who are you targeting? 2. What are you trying to get them to do? 3. Have you mastered the art of friction reduction? 4. Is your experience consistent?
User Experience
User Experience
User Experience QUESTIONS?
Managing Products 1. Do you have legacy systems? 2. Do you have non-integrated systems? 3. Do you have a link between your offline and online business? 4. Do you have a link between your countries? 5. Do you need to segment warehousing? 6. Do you have access to technology that makes this easy?
Managing Products QUESTIONS?
Data IT’S A TRAP!!!
Data 1. Do you have the capacity to use data? 2. Do you know exactly what data you need to collect? 3. Who is the data analyst in your organization? 4. Is data used by the marketing team? 5. Do you know how to use this data to achieve business objectives?
Data QUESTIONS?
Customer Lifecycle 1. Is a returning customer really worth ten new ones? 2. Do you actually know the path of your customer? 3. Are you present in the path of your customer? 4. Do you know how to talk to your customer?
Traditional Funnel Awareness Interest Intent Purchase
Modern Funnel First-Time Returning Exclusive Defecting Customer Customer Customer Customer $ Awareness Interest Intent Purchase Time Customer Experience Customer Acquisition Customer Engagement
Customer Lifecycle QUESTIONS?
Customer Engagement 1. What is the best way to speak to your customer? 2. Is real-time the best way to do this? 3. Help-desk and call-centre functions: inhouse or outsource?
Key Takeaways 1. There are many ways to skin the cat 2. There is no "one-size-fits-all” solution 3. Learn before doing
We are an Asian consulting firm - a leading advisor and a trusted executor in business strategy. Our management consultancy features service execution capabilities specializing in the areas of IT infrastructure, IT development, marketing & advertising, training, and venture capital. For more information, please see www.qcg.com.sg
Thank You! Clarence Chew Partner +65 9363 0363 clarence.chew@qcg.com.sg
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