@The_ARF #ARFRETHINK14 John Perls Founder and CEO JoopLoop Mobile Mobile Increased Engagement Research Insights Robert Passikoff Founder and President Brand Keys, Inc. + =
Dec 07, 2014
@The_ARF #ARFRETHINK14
John PerlsFounder and CEO
JoopLoop
Mobile Mobile Increased Engagement Research Insights
Robert PassikoffFounder and PresidentBrand Keys, Inc.
+ =
@The_ARF #ARFRETHINK14
JoopLoop allows retailers to target consumers via mobile based on their social network profiles, brand engagement,
and spend at retail brick and mortar
Brand Keys is a research-based consultancy thatspecializes in emotional brand engagement and consumer loyalty
metrics. These metrics are proven to be predictive of futurein-market behavior, correlating very highly with
sales and profitability.
@The_ARF #ARFRETHINK14
Objective
Utilize a mobile app system to collect retail brick-and-mortar consumer sales transaction data and social media profiles, and correlate them to specific mobile advertising or promotional campaigns and real-time brand engagement assessments
@The_ARF #ARFRETHINK14
Brand Engagement
Brand engagement is the result of any marketing activity, program, communication or interaction with the brand that results in the brand being seen to better meet the expectations consumers hold for their Ideal in the category
Brands that do that have equity, sales, market share, loyalty, and profitability
Brands that don’t, have problems
@The_ARF #ARFRETHINK14
Q: How Can Retailers Optimize Insights Regarding Consumer Outreach and Engagement Via Mobile?
A: Seamlessly integrate valuable research measures intothe app-based process with metrics that can provide marketers with immediate feedback, both passive and active
Because the engagement experience is both brand and channel-based, this research re-engineers the traditional retail/promotional model using mobile technology to create a geo-based, minimal-barrier social media app
@The_ARF #ARFRETHINK14
• Mobile’s role in the purchase process for various products and services
• Value and breath of location-based research
• The ability to real-time assess a program’s facility to create real brand engagement
InsightsThis app yields greater insights about:
@The_ARF #ARFRETHINK14
• Message/communication effectiveness
• Measures of consumer participation
• GPS/location-based participation levels
• Perception of program value
• Real-time sales
• Identification of shopper social networking activity
• Levels of viral engagement generated and viral channels used
• Sales generated virally via social networking
• Behavioral effects of promotional options, and
• Insights regarding consumer engagement for the product on offer and/or the retail brand making the offer
Real-Time Insights and Analytics Addressing:
@The_ARF #ARFRETHINK14
The JoopLoop Process
@The_ARF #ARFRETHINK14
Social Networth™ Index
@The_ARF #ARFRETHINK14
Q: Why Include Brand Engagement Assessments?
A: Real engagement metrics correlate highly with consumer behavior and sales, and real-time assessments allow for immediate program re-calibration and optimization
@The_ARF #ARFRETHINK14
Solutions for 600+ Brands in B2B and B2C CategoriesAirlinesAllergy Medication (OTC)ApparelAthletic FootwearAutomobilesBanksBeerBreakfast Cereal Car RentalCasual/Fast Casual DiningCoffeeComputers-Laptop
Mutual FundsNatural Food StoresOnline BrokerageOnline MusicOnline PaymentOnline RetailersOnline Travel Packaged CoffeePain Reliever (OTC)Parcel DeliveryPet Food PizzaPrinters
Quick-Serve Restaurant
Retail
Search Engines
Smart Phones
Social Networking Sites
Soft Drinks
Streaming Video
Tablets
Tequila
Toothpaste
Vodka
Wireless Phone Service
CosmeticsCredit CardsDiapersE-ReadersFMCGFlat Screen TVGasolineHeadphonesHotels Instant Messaging AppsInsuranceMajor League VideoMFB Office Copier
Brand Keys Customer Loyalty Engagement Index Database
@The_ARF #ARFRETHINK14
As Part of the Mobile App Access, Consumers Only Need to Rate Four Category/Brand-Specific Engagement Scales
Brand Engagement Analytics
(test/re-test reliability: 0.93/35 countries/B2B = B2C/r = 0.70-0.91;+ 5 points required for a significant difference at the 95% level of confidence)
@The_ARF #ARFRETHINK14
Case Study:Department Store
@The_ARF #ARFRETHINK14
Real-Time Brand Engagement Metrics
Series175%
80%
85%
90%
95%
100%
@The_ARF #ARFRETHINK14
Series175%
80%
85%
90%
95%
100%
Department Store Retail Brand Engagement
@The_ARF #ARFRETHINK14
Can Be Examined Real-Time for Any Segment18-24
Store
Bra
nd
Store
Bra
nd's
Progr
am E
ngag
emen
t60%
80%
100%
81%91%
Store
Bra
nd
Store
Bra
nd's
Progr
am E
ngag
emen
t60%
80%
100%
85%92%
Store
Bra
nd
Store
Bra
nd's
Progr
am E
ngag
emen
t60%
80%
100%
82%92%
WomenMen
@The_ARF #ARFRETHINK14
60%
80%
100%
84%
96%
Can Be Examined Real-Time for Any Segment
60%
80%
100%
82%85%
Social Networth Index 9.8Social Networth Index 25.7
@The_ARF #ARFRETHINK14
Loyalty Drivers – Order of ImportanceHighest Lowest
Store Reputation Value Shopping Experience Merchandise Range90
100
110
120
130
140
150
160 155
145
156
140
119122
117122
130
112110
129
Ideal Store Program Engagement
Brand Engagement Diagnostics forLower-Engaged Segment
Co
nsu
me
r E
ng
ag
em
en
t L
eve
ls
Social Networth 9.8
@The_ARF #ARFRETHINK14
Allowing for Immediate Real-Time Program Recalibration
@The_ARF #ARFRETHINK14
60%
80%
100%
82%85%
60%
80%
100%
82%
91%
4:00 PMSocial Networth Index 9.8
2:00 PMSocial Networth Index 9.8
And to Collect New, Real-Time Engagement Effects
TWO HOURS
LATER…
@The_ARF #ARFRETHINK14
Engagement Metrics Correlate Highly with Sales Data
At 81% Engagement At 85% Engagement At 91% Engagement(Control Store) (Real-Time) (Program Adjusted)
96 102 211
(# of units by Social Networth Index 9.8: Day 1)
300 locations/13 segments: M/W, 3 age groups, 6 Social Networth segments and ↑/↓ sharing, r= 0.72
@The_ARF #ARFRETHINK14
• Confirms mobile’s greater role in the purchase process and sales generation
• Verifies value and breath of real-time location-based research
• Verifies mobile’s ability to leverage social networking behavior à la retail activities
• Validates engagement assessments’ ability to optimize real-time programs participation and sales
The Mobile Engagement Bottom LineBrand Keys/JoopLoop Engagement Approach
@The_ARF #ARFRETHINK14