Figaro Social Commerce

21
What’s got to do with it

description

Colony Commerce discuss the true power of social commerce

Transcript of Figaro Social Commerce

Page 1: Figaro Social Commerce

What’s

got to do with it

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Mobile shopping Check Ins

fCommerce

Group buying

Rate and Review

Social network presence

Mentions

Like

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1,000 transactions per hour on Pampers Facebook store

£7m for Gap in a 1 day Groupon sale

1 Mercedes per minute sold on Taobao (group-buy)

Social Commerce drives between 3% and 6% of online revenue

A ‘Like’ is worth £5

A Twitter Follow is worth £3

Source = Social Commerce Today

Dell have made over £4m from Twitter follower engagement since 2007

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You know this

It’s basic social

It’s barely social

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DialogueWorthSurprise

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Online chat

Most purchased

Clothes picker

Looks good with

Email suggestions

You think this is a dialogue!?!

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Virtual Assistant

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FaFAssistant

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Lower returns

Increased sales

Improved retention

Greater SEO

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Aren’t we doing this???

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Are you exploiting Open Graph?

Are you listening to your audience?

Do you know the profile of your audience?

Does your audience know their worth?

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ABCs

Birthdays

Geography

Activities

Friends

Entertainment

Groups

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C

ConsumerFacebook www

Personalised Product Promotions

Dynamic NavigationSuggested Content

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The mathematical definition of...

SURPRISE!!!

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Brand Ambassador

People are purchasing on his recommendation Surprise with a gift

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QR Code on building in NY

1.3m + FB followers

Regular interaction

Straight to album pre-order

Sneaker sales 33% upliftFoursquare campaign

Positive mentions up 40%4,000 participated in 3 weeks

Overall sales grew due to campaign

Surprising the consumer

Putting a million names on a carTeam of huggers in Amsterdam

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