ZERO FRICTION FUTURE with Facebook - Contra
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Menti.com Fragen - Wie verändert sich das Shopping Verhalten aktuell während COVID - Wer denkt, das ist ein langfristiger Trend?
Ann-Cathrin Edelhoff ANN-CATHRIN EDELHOFF Agency Partner Manager, DACH Agency Partner Manager, DACH Facebook Dublin, Ireland
FRICTION That item is currently out is one of the biggest threats of stock. to your business Please wait a moment while we load your cart.
1 in 3 shoppers globally would stop doing business with a brand they love after only one bad experience1 €86B opportunity cost of friction in the EU2 1. PwC “Experience is Everything” 2018 2. “40 Cart Abandonment Rate Statistics,” Baymard Institute, Jun 2018. “Retail Ecommerce Sales in UK, Germany, France” eMarketer, Oct - Dec 2018. Exchange rate of USD 1 = EUR 0.87, Oanda. com, Mar 1, 2019.
DISCOVERY awareness | inspiration | browsing | technology optimization POST-PURCHASE PURCHASE PURCHASE consideration | checkout | payment POST-PURCHASE fulfillment | support | repurchase
DISCOVERY DISCOVERY INSPIRE ACTION without leaving Facebook or Instagram COLLECTION INSTANT EXPERIENCES
DISCOVERY DISCOVERY MAKE DISCOVERY FEEL IRL no matter where it happens AUGMENTED REALITY ADS
PURCHASE BUY NOW
PURCHASE PURCHASE SHORTEN THE PATH TO PURCHASE MARKETPLACE SHOPPING ON INSTAGRAM
HELP PRODUCTS FIND PEOPLE DYNAMIC ADS
PURCHASE SWIPE TO FIND YOUR STORE STORE TRAFFIC OBJECTIVE
POST-PURCHASE
POST-PURCHASE 89% of consumers expect brands to respond within 24 hours 56.5% of businesses can’t be contacted by social media Source: SAP Hybris, The 2017 SAP Hybris Consumer insights Report, 2017 18
POST-PURCHASE REIGNITE DISCOVERY WITH PERSONALIZED OFFERS
TO GET CLOSER TO A ZERO FRICTION FUTURE DISCOVERY – Make it personal and exciting POST-PURCHASE PURCHASE PURCHASE – Shorten the path the conversion POST-PURCHASE - Build loyalty 20
COVID-19 CHANGING CONSUMER DECISION MAKING
The recessionary mindset Necessity may be driving large purchase Delayers are interested in brand prioritisation promotions & flexible payments Which large purchases will you prioritize making first? (% of delayers for that purchase, Germany) % Purchase delayers who approve of brands (Germany) 66% 60% 51% 75% 46% 44% 66% 40% 39% 37% 36% 17% 16% ne gs es e s es es cs ns ts r m nc Ca ic in nc ho igh ni io th te ra ev Offering flexible payment terms Running promotions / offers ish ro l ia at o yi tp Fl su td Cl c pp ct n r ar In Va xu ur ar ele Sm ea ef Lu Sm m al m on Ho Ho rs Pe Source: Global Web Index COVID Tracker Wave 3 22nd – 27th April 2020
Increasing value rather than reducing price
Main reasons to change stores (Germany) Store is less crowded 42% Closer proximity of store 36% Safety concerns more Cheaper prices 29% powerful than saving Larger assortment 25% concerns Longer opening hours 17% Special offers 17% Cleaner store 15% Better home delivery / pickup services 10% Source: McKinsey & Company COVID Consumer Pulse Survey, 30th April – 3rd May 2020
Lidl are using WhatsApp to help customers find the quietest time to shop
Reduced store visits post lockdown How are you planning to change your shopping behavior (Germany) Consumer Traffic to retail properties 20 49% 0 20 20 20 20 20 20 20 20 20 20 20 20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 -20 36% /02 /02 /02 /03 /03 /03 /03 /04 /04 /04 /04 /05 34% 15 22 29 07 14 21 28 04 11 18 25 02 -40 -60 -80 -100 Germany UK Spend less time inside Visit stores less Either spend less time or stores frequently visit stores less Source: Global Web Index COVID Tracker Wave 3 22nd – 27th April 2020; Google Mobility Data 2020
Helping brands with no ecommerce drive sales online Run advertising on Facebook using Optimise performance using a retailer's product catalogue signals from retailer site Collaborative Ads Multi-Retailer ‘Add-to-cart’ Ads
Introducing Shops, your new digital storefront SIMPLE SCALABLE Maintain one unified Get additional global shopping experience reach and distribution across Facebook apps CUSTOMIZABLE Tailor the experience to showcase your brand identity
CHECK IN NOW SHOP NOW ORDER NOW DELIVER ON THE PROMISE OF NOW CHAT NOW BUY NOW BOOK NOW PAY NOW
THANK YOU
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