Looking Forward - Unified Wine and Grape Symposium '10

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Looking Forward Philip James CEO, Snooth [email protected] January 2010

Transcript of Looking Forward - Unified Wine and Grape Symposium '10

Page 1: Looking Forward - Unified Wine and Grape Symposium '10

Looking Forward

Philip JamesCEO, Snooth

[email protected]

January 2010

Page 2: Looking Forward - Unified Wine and Grape Symposium '10

Snooth

• Online wine community

• 1 million monthly users

• 300,000 registered users

• Snooth Network reaches 10M users per month

• 10,000 stores

• 2 million reviews

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Harnessing the Potential

• Conversational Marketing

• Empower your Customers

• Leverage the Platforms

• Wine = Lifestyle

• Web as a Channel

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Conversational Marketing

• Authentic, grassroots, open and honest – let them get to know you

• Your customers are already doing it for/about you

• Free brand marketing

• Nurture your evangelizers

• Address your troublemakers

• Vocal minority (1%:10%:89%)

Your existing customers collectively have 100x your reach

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Authenticity

• Establish Permission

• You cannot control the conversation

• Allow users to ‘self select’

• Respect their channel preferences

• Migrate users up the value chain

Be open and honest, build trust gradually

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Empower your Customers

• Control the message

• Winery as “publisher”

• Bottle shots, notes, food pairings

• Do not take down old content

• Give users reasons to talk about you

Make it easy for your fans to promote you

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Leverage the Platforms

• Facebook = group pages, fan clubs

• Yelp = restaurant and winery reviews

• Snooth = wine reviews, winery profiles

• Twitter = “water cooler” talk

• mySpace = band profiles

Where are your users now?

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Wine = Lifestyle Keystone

• Wine drinkers are passionate

• Wine highly correlated with interest in travel, food, home etc

• ‘Luxury’ lifestyle

Source Snooth.com Quantcast profile

Home & Gardening 5.9x

Travel News & Info 3.6x

Technology 3.1x

Diet & Fitness 2.9x

Airlines 2.3x

Online Trading 2.3x

Home Improvement 2.3x

Politics & Commentary 5.4x

Audience Also Likes: Affinity:

Tap into their broader lifestyle passion points

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Food and Wine

• Food is one of the most popular categories online

• 6 of the top 100 websites globally are food/recipe sites

• Recipe sites receive 2 main asks: larger images and wine pairings

• Wineries in a unique position to pair food with wine, not the reverse

Where are recipes / cooking tips that work with your wines?

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Web as a Channel

• Seeing more experimentation:

Search volume for any specific keyword falling…

…but more different keywords than ever being used

• Demand creation (NYTimes) vs Demand fulfillment (Wine.com)

• Research > Buying (Amazon) vs

Branding > Interest (Tiffany)

What is the mission of your website?

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Why the web matters

Customer Wants Value AND Romance

WebWeb

Retailer • Communicates Value

Winery • Communicates

Romance Trade events & materials

Traditional marketing

Use the web to ‘romance’ your users

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You’re doing it Right/Wrong

winelvr72 @winetweets Tried the James Winery 2005 Cab and it tasted like how nails on a chalkboard sounds. WAY overoaked. Two hours ago

jameswinery @winelvr72 Maybe try our 2004 Merlot? Much less oak than the 2005 but with similar complexity. Cheers! snooth.com/w/234dz Two hours ago

Right:

winelvr72 @winetweets Tried the James Winery 2005 Cab and it tasted like how nails on a chalkboard sounds. WAY overoaked. Two hours ago

jameswinery @winelvr72 Thanks for mentioning us on Twitter! Sign up for our mailing list! http://bit.ly/5d39Two hours ago

Wrong:

winelvr72 @jameswinery Marketing fail.

One hour ago

winelvr72 @jameswinery Didn’t know you were on Twitter – thanks for the recco. Cheers.One hour ago

jameswinery Latest blog post: Bottling Day! http://bit.ly/4g9j Two hours ago

randomwinelvr Ever wonder how wine gets bottled? Good post w/photos: http://bit.ly/4g9j Two hours ago

jameswinery Get 15% off our latest release!!! Please RT!!!!! http://bit.ly/4g9j Two hours ago

…crickets…

jameswinery @winelvr72 Thanks for mentioning us on Twitter! Sign up for our mailing list! http://bit.ly/5d39One hour ago

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Task List

• Develop a personal connection with your users

• Club shipments, Twitter, Facebook etc

• Leverage the collective power of your users

• Reviews, tweets, social media dominance

• Your wine should be positioned as part of a lifestyle

• Define your online objectives

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Looking Forward

Philip JamesCEO, Snooth

[email protected]

January 2010