Building a Shopping Experience for the Future of Mobile ... · Building a Shopping Experience for...

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1 Confidential – Internal Use Only Building a Shopping Experience for the Future of Mobile Commerce

Transcript of Building a Shopping Experience for the Future of Mobile ... · Building a Shopping Experience for...

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Building a Shopping Experience for the Future of Mobile Commerce

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3#MAUVEGAS

TO ASK QUESTIONS LIVE, VISIT SLIDO.COM AND SEARCH #MAU18

B O X E D

Who We Are

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the first computer at Boxed

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B O X E D

Story of Success

20142013

Humble Beginnings

2016

Expansion

2015

Explosive Growth

2017

Embracing The FutureMove Fast, Learn Fast• Fresh delivery launched in NYC

• Second fulfillment center

opened in Las Vegas, NV

• Launched web

• Founded in CEO’s garage

• First fulfillment center opened

in Edison, NJ

• Launched mobile app

• Fourth fulfillment center

opened in Dallas, TX

• Prince & Spring private brand

launched

• Launched its first automated

fulfillment center

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WHAT’S THE OPPORTUNITY?

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$200B, 3 Players

98%

2% 0%

Offline Online Mobile

Wholesale Club Industry

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the world we live in

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A familiar tale…

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OUR STRATEGY?

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BE RELEVANT TO THE

CUSTOMER IN EVERY WAY

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• Know the customer, their shopping behavior and continually optimize for it • Have a ridiculous CX.• Unexpected fun discovery of products and experience• In-house creative team partnering closely with data science and product teams• Take risks and constantly test…but course-correct ASAP!• Be consistent in your showcasing your values and tell YOUR story

how, you ask?

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of course, not all customers are created equal

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Product Optimization

Brand Positioning

Channel Strategy

Pricing

New Product Development

User Experience

Loyalty & Retention

Cross Selling

the value of segmentation

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Meet Claire (a.k.a. Jen)

40-ish,female,

successful, busy, cool

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Jen plans her purchase—Best customers spend less time between orders...

...but spend more time planning and building their cart.

Time between orders

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BE TRUE TO WHO YOU ARE...

MOBILE OR NOT

but more importantly…

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values-driven content

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give the ecommerce experience a soul…for a change

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the ultimate win

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Great Service

Right Assortment Ease of Use

Great Execution

Making customers happy

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THANK YOU!