Monthly Archives: September 2012

Make Sure Your Website is Geared Towards Mobility: Because Mobile Commerce is growing

All major retailers know they have to go mobile even in conservative Germany like the OTTO Group (yearly ~€ 11.5 billion turnover), second largest online retailer in Europe after Amazon Germany is gearing towards mobility! Herr Hilderbrand (Otto’s e-commerce Manager): “Gross mobile turnover levels accounted for roughly 3% of overall online demand in the spring and summer, and the mobile channel plays a key role in the Otto Group’s e-commerce Strategy”  Otto eCommerce grew from a € 4.95 billion to ~ € 5.3 billion by 9.5%. Hilderbrand “Tablets in particular are playing a big role in the future growth of eCommerce for us” and “Smartphones are used above all to gather information about products, but thanks to the large-format and inspiration display of goods, tablet personal computers invite customers to purchase”.
 
Companies must transform their website for mobility because there is still a lot of speed improvement to get done and address the growing smartphone and tablet crowd more and more inclined to mobile online purchases. According a study made by Keynote Systems Inc. among 5.000 adults with smartphones:
– 64% of smartphone users want a site to load within four seconds
– 82% of smartphone users want a site to load within five seconds
– Average load times of 30 representative retailer’s webpage is 7.54 seconds (Some delivering load times of 2.77 to 3.59 seconds and others 14.65 to 15.20 seconds)
– 60% of tablet users are expecting to wait less than three seconds for a webpage to load
– 48% of PC users are expecting speeds below 2 seconds
– 16% of brand users do not return or wait for a page when it takes too long to load & 6% go to a competitor
Furthermore and according to this study from all smartphones users:
– 88% access local info (maps, event-location)
– 82% search for general information
– 76% use their device for Social Media communication purposes
– 75% for reading books and entertainment
– 74% for finding ATMs or retail stores
Table users have a bit of a different behavior
– 79% use their device for news and entertainment
– 77% for searching general information
– 76% for watching videos
– 75% to access local information
– 74% to take part in social networks
 
According Juniper Research mobile payments are to reach US$ 1.3 trillion (€ 1.04 trillion) annually by 2017, as physical goods sales accelerate!  Over 2.5 billion mobile augmented reality apps to be installed per annum by 2017. Mobile Messaging Adspend to reach US$ 7.4 billion by 2017, driven by increased us of location based ads and mobile transactions to hit US$ 730 billion by 2017 as real world purchases soar.  
 
Is your company getting ready for mobile commerce and developing HTML5 technology to discuss this growing mobile market? Are we preparing ourselves for the onslaught of apps coming upon us? Are we getting ready for augmented shopping reality? 

Marketing Convenience Replaces our “Pay Spray & Pray” Traditional “Outbound” Marketing Approach

The transforming philosophy of “Marketing Convenience”, already applied today by many successful companies and aspiring to be more effective marketers, is just kicking in!  Marketing is becoming  a “convenience store” whereby customers / prospects come and go at their leisure, peruse our offerings and perks, to finally walk out with a basket full of goodies and ideas without having spent a dime: yep without having spent a single dime! This is the reality of Convenience Marketing! Alas but over are the days when companies could present products and services while automatically expecting consumers to fill up their shopping cart! Marketing has become much more complex as most of us customers do expect a run for our €uro / US$! Remember Seth Godin’s “Why marketing is too important to be left to the marketing department” presentation? If you have never seen it before please do yourself a favo(u)r and watch this it right away! A couple of years back David Armano wrote an article in the Harvard Business Review stating: “fire your marketing manager and hire a community manager”: an article well worth reading while regularly checking out his contribution to Edelman Digital.
So why did Albert’s Einstein become so famous? Ever thought about it? Albert Einstein was a personality involved in the business of “spreading ideas”! Yes and his ideas are still spreading all over the place! But back to our topic: successful marketers ought to be spreading ideas in a “convenient way” giving out customer oriented perks such as:  
B2B Inbound marketing aka convenience marketing goodies:
–     Blog articles
–     Whitepapers
–     Pre-Recorded webinars
–     Case studies
–     Free product demos and downloads
Or B2C inbound marketing or convenience Marketing:  
–     Blog with relevant articles custom made for a specific niche audience
–     eArticles or eBooks
–     Videos (Remember Gary Varnychuk?)
–     Advise & Recipes
–     To do lists
–     Improvement recommendations
–     Tool kits and much more depending on what sort of business you are running.
By no means am I intending here to write an exhaustive list of inbound Marketing tactics or tools: There are plenty of fabulous people like Joe Pulizzi and his superb Content Marketing Institute platform offering scores of free resources that will keep your marketing folks busy for a quite a while if you only check this particular venue! It could also be that you have decided to become “more social” then Michael Brito and his wonderful Britopian venue should be of help! The issue here is for us to stop and think about this rather new concept of “Convenience Marketing” i.e. an approach transforming our former “pay, spray and pray” sales-approach with a philosophy some of us marketers only reluctantly accept! Consumers have choices; a  smorgasbord of product offerings “à la IKEA superstore”, where just about anything is available to your liking (or not as a matter of fact!) including facilities for you to eat (and stay longer) before you finally pay, pickup and load up your vehicle while rounding up a strenuous furniture shopping spree!   
 
Transform your sales approach with this philosophy of “Convenience Marketing” and learn to entrust your most valuable treasure: your customer and prospect with valuable informations and free stuff specific to your particular business-niche! Give, share, spread ideas while finding out directly from them what they are specifically looking for or interested in. Refine, rehearse, repeat, be humble, participate, listen and ask particularly if you are facing consumers on a daily basis either personally or on the phone! Inquire from them directly what they are searching for and give it to them! Reward them for their time and information and thank them for sharing it with you! Both customers and prospects will come back to you and buy from you because trust and equity will have then been established and remember may be it is time for you to “fire your marketing manager and hire a community manager”!
Happy Convenience Marketing days to you and a wonderful week wherever you are