Top Banner
Instant RFP! Driving Traffic to a Local Retailer Kristin Hersant, VP of Marketing, Echo www.aboutecho.com @kristinhersant
15
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Kristen

Instant RFP! Driving Traffic to a Local RetailerKristin Hersant, VP of Marketing, Echo

www.aboutecho.com

@kristinhersant

Page 2: Kristen

In the age of mass-produced, manufactured products, people have lost a personal connection with the product designer.

Page 3: Kristen

Loss of voice. Loss of commonality.

Page 4: Kristen

Empower shoppers to connect with your products on a deeper level.

Page 5: Kristen

Reconnect the innovator with the buyer of that product through social media.

Page 6: Kristen

Host a Live, Real-time Social Event

Give shoppers the opportunity to chat live with the celebrity designer of one of your hottest Spring clothing lines.

Page 7: Kristen

The Concept• Shoppers are

invited to visit 1,500 local retail locations and try on items from the clothing line.

• Ask questions directly to Michael Kors about fit, style, and inspiration from their mobile phones.

Page 8: Kristen

In-Store Environment• Departments selling

Michael Kors in 1,500 locations would be specially themed for the event.

• Big screens showcase nationwide and local real-time activity from the event.– Check-in Demographics– Live Q&A Stream– Tweets/Posts/

Comments/Replies– Badges & Rewards– Event Lifestream

Page 9: Kristen

Live, Real-time Q&A• Shoppers submit

questions via mobile/web.

• Shoppers can vote questions up or down.

• Questions trend in real-time based on #

of votes.

• Top questions are sent to a “green room” and fielded to Michael Kors, who answers them personally.

Page 10: Kristen

Social Log-in, Sharing & Comments

• Shoppers can log-in via over 20+ social platforms.

• Shoppers can share their favorite comments and reply to each other’s posts in real-time.

• Each comment instantly folds into the stream.

• All crowd-sourced activity is captured in a live stream on in-store screens and the web.

Page 11: Kristen

Real-time Data Trending

• In-Store screens also feature real-time data trending to show:

– The most popular items as voted by shoppers compared to the designer’s favorite picks.

– # and types of items sold would change in real-time as people purchased/voted.

Page 12: Kristen

Purchase Incentive / Gamification

• Users are rewarded with badges and points for each log-in, check-in or action, which feeds into the live activity stream.

• When users reach a certain engagement level, they are eligible to receive an exclusive gift with purchase.– Level is low enough that

it’s easy to achieve.– Gift is highly sought

after/covetable.

Page 13: Kristen

Timeframe

• A week-long event with the live, real-time Q&A taking place on a Monday night.

• After the Q&A is over, the designer can continue to interact with fans via Twitter in the event Lifestream.

• Real-time activity is woven into the retailer’s e-commerce site to drive post-event buzz and engagement.

Page 14: Kristen

Mutual Upside = Recurring RevenueRetail Brand Gets:•In-store traffic •Increased shopper engagement•Registration data from social log-in•Ability to opt-in to email•X% lift in sales•PR Buzz/positioned as a leader in social/mobile•A repeatable model (4X/year)

Shoppers Get:•A once in a lifetime opportunity to connect with their favorite designer.•Exclusive access to future events.•New merchandise + a hot bag + a story to tell all of their friends.

Page 15: Kristen

Program Cost & Execution

• Central marketing department will arrange for the designer’s time, secure the covetable bag, send invites.

• Local marketing teams will theme & staff departments, offer free in-store WiFi, rent large screens.

• Echo enables all cross-platform social functionality as part of a real-time interactive experience.

• Echo cost will range between $150K - $250K depending on the number of real-time streams served.Kristin Hersant, VP of Marketing(415) [email protected]@kristinhersant