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IRCE 2015 Wrap-Up Top takeaways in ecommerce retail from the MECLABS Marketing Lab
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IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Aug 08, 2015

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Page 1: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

IRCE 2015 Wrap-UpTop takeaways in ecommerce retail from the MECLABS Marketing Lab

Page 2: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Today’s Speakers

Pamela JesseauSenior Director, MarketingMECLABS Institute

Steve StoneVP, Partner AcquisitionMECLABS Institute

Spencer WhitingOptimization StrategistMECLABS Institute

Page 3: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Photo: John Henry Rupe

The world's largestecommerce event

Page 4: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Photo: John Henry Rupe

600 solution providers

Page 5: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

214 brand-side executiveand industry expert speakers

Page 6: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

and Media CenterOfficial Marketing Lab

Page 7: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

leaders and experts47 ecommerce business

Page 8: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

sales funnels reviewed338 marketers helped and

Page 9: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Customer-First

Page 10: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Customer Service as DifferentiatorTAKEAWAY #1

Page 11: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

“We really built our brand around service and support”

“We’re a small company, but over 60% of our human resources is dedicated to customer service and support”

Joseph Jaconi

Tech Armor General Manager

Page 12: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

1. Treat responses to customer reviews as an extension of your brand’s voice

2. Add quality and value to the customer’s life

3. Respond to negative reviews —no matter who they’re from

Joseph Jaconi

Tech Armor General Manager

Page 13: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Mobile isn’t just about usabilityTAKEAWAY #2

Page 14: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Instead of simply having an efficient search function so shoppers could immediately find and purchase products they already knew they wanted on a site...

eBags created a fun way to interact with the products by creating an adaptive mobile experience called eBags Obsession.

Gregory Casey

Experience ArchitectUX Designer and

eBags

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Page 16: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 17: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 18: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 19: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

"...mobile offers a new context of engagement which represents a great opportunity to create unexpected experiences that delight one's customers and increases conversion rates.”

Gregory Casey

Experience ArchitectUX Designer and

eBags

Page 20: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Create Something AwesomeTAKEAWAY #1

Page 21: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

The ‘farm to table’ organic produce boxes are almost viewed like gifts on Christmas morning when her customers receive them, part of the e-tailer’s mission – “Joy Delivered.”

Cambria Jacobs

Door to Door OrganicsVP of Marketing

Page 22: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Customers share it on social media, which the online grocery business then amplifies through the right social media channels to serve the right niche to feed the shopper relationship.

Cambria Jacobs

Door to Door OrganicsVP of Marketing

Page 23: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 24: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

2013 web sales grew60%

Page 25: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

While cost will always be important, to truly create a sustainably successful ecommerce business you have to understand and serve your unique niche.

Gregg Barclay

Sparkfun ElectronicsVideo Production

Page 26: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Create Something Awesome

Page 27: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Customer-First“In a world where consumers have more and

more knowledge every day and more and

more choice every day, that is the only way

you will win.”

Alexis OhanianCo-Founder, Executive Chairman reddit

Page 28: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Customer-First ScienceTHE MECLABS INSTITUTE APPROACH

Page 29: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

The MECLABS Institute Approach

MECLABS is a research institution that exists to help companies instill customer logic and dispel company logic in the global marketplace.

Page 30: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

The MECLABS Institute Approach

MECLABS is a research institution that exists to help companies instill customer logic and dispel company logic in the global marketplace.

To accomplish that, we use the scientific method to truly discover why customers say “yes.”

Page 31: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Example Experiment

The Marketer(Company Logic)

(Actual MECLABS Experiment)

The Customer(Customer Logic)

The Marketer(Company Logic)

• Customers have become cynical with our sales and marketing tactics…

Page 32: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Example Experiment

The Customer(Customer Logic)

(Actual MECLABS Experiment)

Page 33: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Example Experiment

The Marketer(Company Logic)

The Customer(Customer Logic)

(Actual MECLABS Experiment)

1294% In ROI

Page 34: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Business Software Suite#1 On-Demand. 6459+ World ClientsAward-Winning Solution. Free Trialwww.XXXXXXXXXX.com/Business

54%Conversion

21%Conversion

97%Conversion

109%Conversion

31%Conversion

124%Conversion

201%Conversion

29%Conversion

15%Conversion

100%Conversion

21%Conversion137%

Conversion

63%Conversion

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Discovering How People Make Decisions

Page 35: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Business Software Suite#1 On-Demand. 6459+ World ClientsAward-Winning Solution. Free Trialwww.XXXXXXXXXX.com/Business

54%Conversion

21%Conversion

97%Conversion

109%Conversion

31%Conversion

124%Conversion

201%Conversion

29%Conversion

15%Conversion

100%Conversion

21%Conversion137%

Conversion

63%Conversion

C = 4m + 3v + 2(i-f) - 2a © ec < op < ct < lp

©

eme = rv(of+ i) – (f + a)©

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Opr > Oprn > Ocnn ©

• 20+ years in the business

• 20,000+ sales paths tested

• 1,500+ experiments validated in our lab

• 10 patented heuristics

• 45 hours of classroom education

• Upcoming master’s certificate in 2015 and a PhD program by 2017

The Largest Library of Benchmarks & Case Studies

Page 36: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Business Software Suite#1 On-Demand. 6459+ World ClientsAward-Winning Solution. Free Trialwww.XXXXXXXXXX.com/Business

54%Conversion

21%Conversion

97%Conversion

109%Conversion

31%Conversion

124%Conversion

201%Conversion

29%Conversion

15%Conversion

100%Conversion

21%Conversion137%

Conversion

63%Conversion

C = 4m + 3v + 2(i-f) - 2a © ec < op < ct < lp

©

eme = rv(of+ i) – (f + a)©

fSC = lT + dT

©

Opr > Oprn > Ocnn ©

The Largest Library of Benchmarks & Case Studies

Research

ResearchResearch

Page 37: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

The MECLABS Institute Approach

MECLABS is a research institution that exists to help companies instill customer logic and dispel company logic in the global marketplace.

To accomplish that, we use the scientific method to truly discover why customers say “yes.”

We then help companies align themselves and their productsto the customer’s desires.

Page 38: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

The MECLABS Institute Approach

MECLABS is a research institution that exists to help companies instill customer logic and dispel company logic in the global marketplace.

To accomplish that, we use the scientific method to truly discover why customers say “yes.”

We then help companies align themselves and their productsto the customer’s desires.

• We can identify market opportunities with an in-depth brand trust research study.

• We can find and fix revenue leaks in your funnel through thought-sequence optimization.

• We can attract, transform, and retain your marketing team with inspiration and education.

• We work across all platforms: desktop, tablet, phone and mobile apps…

• We work across all digital channels: email, social, website, search, etc…

• We work across every stage in the customer lifecycle.

Page 39: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

(Actual MECLABS Experiment)

1294% In ROI

Example Experiment

Page 40: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

(Actual MECLABS Experiment)

1294% In ROI

Example Experiment

257% 28% The Customer(Customer Logic)

603%

302%

451%

(Why Customers said “Yes”)

Page 41: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

1294% In ROI

257% 28% The Customer(Customer Logic)

603%

302%

451%

Transferred Offline Direct Mail

TV

Billboards

Call Center

Example Experiment

(Actual MECLABS Experiment)

Page 42: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

How to learn more about Research Partnerships

• Email [email protected]

• Visit MECLABS.com/Partnerships

• Fill out the post-webcast survey

Page 43: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

Live OptimizationAUDIENCE LANDING PAGES

Page 44: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
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Page 46: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 47: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 48: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 49: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab
Page 50: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

How to learn more about Research Partnerships

• Email [email protected]

• Visit MECLABS.com/Partnerships

• Fill out the post-webcast survey

Page 51: IRCE 2015 Wrap-Up: Top takeaways in ecommerce retail from the MECLABS Marketing Lab

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