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Peter Boris Kreilgaard Head of Marketing, Coop.dk The new marketing
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Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Jan 21, 2018

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Craig Shipley
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Page 1: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Peter Boris Kreilgaard

Head of Marketing, Coop.dk

The new marketing

Page 2: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

The new world…

Page 3: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

The new world…

Page 4: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

The new world…

Page 5: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

The new world…

Page 6: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

The new world

Page 7: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

The new world…

Artificial IntelligenceAugmented Reality / Virtual Reality

RoboticsNanotechnologyBiotechnologyNeuroscience

Networks…

Page 8: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

The new world…

The expensive becomes cheap!

The impossible becomes possible!

Individuals / the small become powerful!

… and what does that mean for marketing?

Page 9: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Who am I?

• +20 years as a marketing executive

• Pepsi Cola / TDC Mobile / Siemens mobile / TOYS’R’US

• Yale, Hyper Island and INSEAD

• Head of Marketing, Coop.dk Shopping

Page 10: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Coop.dk Shopping

• A family of specialized shops

• Denmark's leading consumer goods retailer

• Coop operates the retail chains Kvickly, SuperBrugsen, Dagli’Brugsen, Fakta, Irma, Coop.dk MAD and Coop.dk Shopping

• Annual turnover of approximately DKK 50 billion. More than 40,000 employees

• No stock holders. Owned by 1,6 million members

Page 11: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

What we are going to cover…

1. Securing traffic and revenue to your store using digital and off-line media

2. Analysing digital marketing strategies

3. Building a highly effective marketing organisation

Page 12: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

What we are going to cover…

1. Securing traffic and revenue to your store using digital and off-line media

2. Analyzing digital marketing strategies

3. Building a highly effective marketing organization

Page 13: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

1. Securing traffic / turnover

FACT:

People are buying your offering

Page 14: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

1. Securing traffic / revenue

• Who is your target customer?

• Determine the path to purchase for the specific product / service

• Develop the right product offering

• Set your marketing plan

• Execute & evaluate

Page 15: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

From linear, over circularto eco-system

McKinsey, 2008Elmo, 1898

Page 16: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017
Page 17: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

1. Securing traffic / revenue

• Who is your target customer?

• Determine the path to purchase for the specific product / service

• Develop the right product offering

• Set your marketing plan

• Execute & evaluate

Page 18: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

1. Securing traffic / revenue

• What do we do at Coop.dk Shopping?– Marketing determines the right occassions from

which we create marketing activities– Invest heavily in digital marketing strategies

• Pre- and retargeting / AdWords / Affiliates / SoMe / SEO / e-mails, etc.

• But do not forget the off-line media!– Newspapers, magazines, omnichannel, etc.

– Evaluate on everything– Invest time in getting smarter– Invest in people

Page 19: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

1. Securing traffic / revenue

• Key takeaway

– Be customer centric obsessed

– Develop all your commercial activities around that

– Invest in campaigns & Evaluate continously

Page 20: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

What we are going to cover…

1. Securing traffic and revenue to your store using digital and off-line media

2. Analyzing digital marketing strategies

3. Building a highly effective marketing organization

Page 21: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

2. Analyzing digital strategies

Page 22: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

2. Analyzing digital strategies

FACT:

Analytics is the data foundation of

(digital) marketing

Page 23: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017
Page 24: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

2. Analyzing digital strategies

• Learn everything about digital marketing…

• Surround yourself with people who know and are passionate

• Work with a media agency!

– In the beginning…

• Have the guts to test and test and…

• Remember the tracking!

Page 25: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

2. Analyzing digital strategies

• What do we do at Coop.dk Shopping?

– We track everything

– Google Analytics / Responsys / DataWarehouse

– Evaluate weekly in-house

• ”State of the nation” every Tuesday

– Evaluate monthly with media agency

Page 26: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

2. Analyzing digital strategies

• What we will do next?

– Q: How to unlock the value in our data asset?

Understand the customer

Decide on the right action

Execute and evaluate

1

2

3

1

3

2

Page 27: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

2. Analyzing digital strategies

• Key takeaway

– Be obsessed about learning

– Measure everything but use only the essentials

– Own your data!!!

– Learn analytics

Page 28: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

What we are going to cover…

1. Securing traffic and revenue to your store using digital and off-line media

2. Analyzing digital marketing strategies

3. Building a highly effective marketing organization

Page 29: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

3. An effective marketing organization

FACT:

You can not do it all yourself

Page 30: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

3. An effective marketing organization

• Know what you want

• Build one step at a time

• Be sure to manage roles and responsibilities

• Keep the communication tight

• Build around the proper values

Page 31: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Our transformation

Survial-Led Business-Led Customer-Led

Page 32: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

3. An effective marketing organization

Page 33: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

3. An effective marketing organization

• What do we do at Coop.dk Shopping?

– 12 months running plan / altered quarterly

– Quarterly plans for everybody

– Weekly department meeting

– Weekly 1:1’s

Page 34: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

3. An effective marketing organization

• Key takeaway

– Leadership is essential

– Build the organization one step at a time

Page 35: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Last slides…

Yes Yes

Yes Yes

Page 36: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Amazon did not kill the retail industry.

They did it to themselves

with bad customer service.

Page 37: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Uber did not kill the taxi business.

They did it to themselves

with limiting the number of taxis

and fare control.

Page 38: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Apple did not kill the music industry.

They did it to themselves

by forcing people to buy full-length albums.

Page 39: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017

Technology by itself is not the real distruptor. Being non-customer centric is the biggest

threat to any business!!!

Page 40: Peter Krielgaard COOP Danmark - Digital Marketing 2.0 - Digital Enterprise Festival Stockholm, 20th October 2017