Tag Archive for: Trend

Study: Web-traffic boosts in-store sales

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In a recent study the research companies comScore, Accenture and dunnhumbyUSA found some significant relevance between in-store sales and a company’s web presence. The study was based on a panel of CPG customers and one million U.S. Internet users who have given comScore explicit permission to have their online activities continuously measured and matched to their in-store brand buying behavior provided by dunnhumbyUSA.

The report comes to the conclusion that consumers who visit a website prior to their shopping experience in a company store spend 34% more with that company and 57% more on products or services based on their specific industry sector. It also states that visitors of brand websites are frequent buyers of the brand in retail stores. It shows that 42% more of these clients finish their transactions than non-visitors. Furthermore, website visitors are also heavier buyers in a brand’s product category. They are spending 53% more in their category dollars than non-visitors.

“Since website visitors have higher affinity to the brand and the overall product category, there is an opportunity for brand marketers to drive loyalty through personalizing the website experience, catering to the preferences of their best customers.”John LaRocca, Vice President, Strategic Partnerships, dunnhumbyUSA

And again another study highlights the importance of content marketing as the new emerging trend in marketing. Shoppers were more aggressive in their approach to understand and evaluate their purchases prior to their visit in shops as a result of the massive information access through the web. According to the research, content marketing plays a significant role here. So, campaigns on the web not only add value to web shopping but also -and for some companies and brands more importantly- will help to drive and boost in-store habits and sales – apart from positioning a brand’s capability.

“Marketers who create compelling (brand) website experiences for consumers are extremely effective in driving incremental and profitable in-store sales. Analysis shows that consumers visiting the best of the 10 CPG brand websites evaluated in the research study, spent over 200% more on the brand than non-visitors.” Jerry Lohse, Senior Director, Accenture Interactive

Based on the fact that Brafton reported some weeks ago that the average consumer visits more than 10 web pages before a purchase decision, this study marks an important point in the relevance between online and offline shopping. This might be catalyzed by the new opportunities that smartphones, tablets or Augmented Reality (see real-life community shopping) offer, and shows the straight relationship between the two shopping experiences which more and more merge to one close shopping cycle.

Spot On!
More companies are realizing that offering web shoppers the same information and service as in-stores will lead to more purchase at both ends of the shopping cycle: online and at offline locations. The challenge for companies is to differentiate the shopping experience by using SoLoMo (social – local – mobile). Here the question for the future will remain whether in-store shopping needs to become more of a lifestyle experience or adventure to attract more consumers to join in-store activity (see IKEA Sleepover), or wether people will want to have real people around them and thus make it a social reality world, rather than a social web world…

Community Shopping on the street – NET-A-PORTER.COM's Window Shop

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Augmented Reality shopping is definitely a new trend these days. NET-A-PORTER have launched their Augmented Reality Shopping Windows in different capitals around the world like Sidney, Munich, London, Paris and New York.

The following video demo comes from late last year’s Fashion Night Out celebrations in London and New York. It will be rolled out globally now for the new Karl by Karl Lagerfeld collection. Consumers need to download the NET-A-PORTER iPhone/iPad app, then visit the stores and can use the Augmented Reality like a new shopping experience.

When pointing the iPad camera at the window, this will publish 360 degree product models doing their best on a video catwalk. It also displays product information, the clothes price and obviously the ability to purchase immediately.

Isn’t this a cool idea to offer a 24/7 shopping life? These doors are always open in the future. Well, ok their online shop as well but it is a different kind of shopping experience right…? Community shopping on the street…

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From online to offline with a smile…

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We love living digital. We love being online. We love taking our mobiles with us. Anywhere, anytime, any place. However, sometimes people might make fools of us, out of our new digital reality.

In the summer the English National Opera picked up the social networking habits of Twitter and Facebook and created a great commercial that promoted their latest act, transfering our online attitudes to offline. As we all tend to pretend to be friends these days, we sometimes might loose our focus and just make our world seem to be “friendly” and “social”.

And friendly does not mean to make shopping online be easy. Many customer where I have been speaking and doing some consulting business, forget to find out and regularly double-check where their customers are “checking out”. A trend that with Google Analytics picked up with a lovely commercial that illustrates how difficult online shopping might be in the real world. Just think about the annoying digital experiences you have had in the last years, and then transfer them into our offline world. That’s what Google has done.

And it was only a loaf of bread he wanted to buy. It made me smile… And you?

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Studies: The internet is more important than water…?!

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Can we access the internet if we have nothing to drink anymore, if our water is poluted? No, we can not! Sometimes, adults should ask themselves about, and quickly start to re-think, the values that they hand over to our kids. I am happy to have spoken with mine about this topic last year around the Blog Action Day 2010…

Some weeks ago, I have written about a UK study from the London Science Museum made clear that UK people rather prefer to have sunshine and internet connection than clean water. Now, Cisco comes up with a similar study.

The Cisco study states that one in three college students and young professionals consider the Internet to be as important as fundamental human resources such as air, water, food and shelter. The study is based on the second annual Cisco Connected World Technology Report. It examines the relationship between human behaviour, the Internet and networking’s pervasiveness across 14 countries in the world (United States, Canada Mexico, Brazil, United Kingdom, France, Spain, Germany, Italy, Russia, India, China, Japan, Australia).

Mahesh Gupta, Vice-President, Business-Borderless Networks, Cisco (India and SAARC), said in a teleconference on Thursday that about 33% across the globe and 95% Indian college students and young employees admitted that Internet was as important in their lives as water, food, air and shelter. The internet has become a crucial important thing in peoples’ lives. More than half of the respondents (62% of employees and 55% of college students) said they could not live without the Internet. They see it as an “integral part of their lives”.

From a face-to-face social perspective, it is also quite amazing to see that people had indicated that Internet was more important to them than meeting with friends, dating, or listening to music. Like in the UK study, updating Facebook seems to be of the highest priority – higher than socializing. Gupta stated that within certain countries 91% of college students and 88% of employees globally had Facebook account and check it on a daily basis at least once. Furthermore, seven of 10 employees have “friended” their managers and coworkers on Facebook, and 68% follow their manager or their work colleagues on Twitter.

From a hardware point of view, mobiles rank highest as their important technology device, as high as being “the most important technology”. Two-thirds of students and 58% of employees felt that a mobile device (laptop, smartphone or tablets) was the most important technology hardware in their lives. Young employees in the UK (74%), India (71%) and Australia (66%) ranked highest when it comes to the importance of mobiles devices.

Spot On!
The study also shows some trends that other industries should watch out for. When two of five students have not bought a physical book (except textbooks) in two years, this is a clear message to the print industry. And when 2 out of 3 choose Internet connection over cars, the it becomes clear why concepts like BMW Drive Now and Smart Car2Go become popular. However, the new trends also need to be watched from a distraction point of view when being online.

Let’s hope they don’t forget to drink some water…

LinkedIn, Twitter or Facebook? Study finds leading social network from journalists…

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What’s your guess? What is the leading social network for journalists? And what does this mean to business decision makers, managers and PR professionals?

The answer by far is LinkedIn with 92% – with a remarkable increase of 7% compared to 2009. However, this does not mean that it is their main source of information. At least, this is what the latest study tells us which is called 2011 Arketi Web Watch Survey: Inside BtoB Media Usage of Social Media.

For me it was a bit of an eye-opener as I thought journalists might prefer to use Twitter to monitor sources for trending topics and breaking news. Probably, the statement has some value still. For Mike Neumeier, Pricipal, Arketi Group was not surprised…

“It comes as no surprise more BtoB journalists are participating in social media sites, especially LinkedIn. (…) LinkedIn provides an online outlet for them to connect with industry sources, find story leads and build their professional networks.”

The second largest still is not Twitter. It is Facebook. 85% of journalists are on Facebook (increase by 30% to 2009). However, Twitter comes in nearly at the same result (84%) and with the highest growth of 60% to 2009. And nearly half of the responding journalists (49%) say they blog or read blogs regularly.

“When compared to the 2009 Arketi Web Watch Survey, this year’s results show significantly more journalists are using social media tools (…) This means companies have more online channels through which they can reach media targets. This is both a blessing and curse for today’s PR professionals.” Dr. Kaye Sweetser, associate professor of PR, University of Georgia’s Grady College

Findings where journalists have their news sources…
– 80% via public relations contacts
– 77% rely on news releases
– 74% turn to newswires (i.e. BusinessWire or PRNewswire)
– 71% get from email pitches
– 56% from blogs
– 44% from micro-blogs (such as Twitter), and
– 39% from social networking sites (such as Facebook, LinkedIn and Myspace).

More than nine out of ten journalists responding (96 percent) say they prefer to receive news releases via email from companies they know, and 95 percent of business journalists say they prefer to receive news releases via email from companies they don’t know but are in industries they cover.

Journalists get crucial information regarding breaking news from the following sources…
– 85% Industry experts
– 81% Company website
– 80% Industry website
– 80% Other interested parties
– 57% Industry blog
– 53% Company blog
– 41% Industry Twitter feed
– 33% Company Twitter feed

Spot On!
Although LinkedIn is very popular among journalists, it does not seem to be the centre of attention to get a big story. Still, the direct contact and company websites have massive power and as they are probably the most trusted sources, they still lead. Still, social networks make it easy for journalists to get in touch with relevant people for good quotes. It should assume that investigative journalism is on the rise. Reading newspapers and websites today, I personally get the feeling that blogs have far more to offer.

What is your view?

Majority of Irish students favor use of private devices and Facebook…

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What will companies say if employees want to bring their own devices to work? How about security issues and support opportunities for companies? A real challenge for the future when we look at an Irish study that interviewed 164 students in secondary school and at third level in order to understand how this generation is communicating these days.

The study by IT distributor Data Solutions on behalf of Blue Coat Systems shows that more than 60% of young people expect their employers to allow them to use their own personal devices (i.e. smartphone, laptop, etc.) for work purposes in the future.

The argumentation behind their expectations are obvious: They know how to use our private devices, so they don’t need to learn new technology which saves the company time and money. The challenge for companies will be to establish a set of new policy and security guidelines, as well as data safety and storing options.

“More than 85% of the students surveyed own or have access to a laptop, and almost 40% own a smartphone. This facilitates the trend towards ‘bringing your own device’, and every business is going to have to learn to accommodate this trend while ensuring security (…) When today’s students enter the workforce they will be completely in tune with the new ways of communicating and collaborating online, as most are already using social networking sites, blogs, Skype or instant messaging. Employers now need to look at new ways to facilitate their needs and expectations.” Michael O’Hara, Managing Director, Data Solutions

The study also shows the bluring use of email comunication. 75% of Irish students favor social networking sites like Facebook as their main channel for communicating online these days. Just 6% prefer to use email.

Spot On!
The study findings illustrate that social media sites continue to be on the rise in popularity, and it indicates how older traditional online communication tools like email become less attractive. When 88% have a Facebook account, it is not surprising that they are not swappping to Outlook anymore when communicating with each other, not matter if business or private. And it seems that this will have the same effect on the hardware and devices they want to use. Maybe we just need a separate login on our computers in the future? What is your view on this development…?

QR Codes: A trend already gone, or still on the rise…?

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In the last weeks, I have spoken with many clients and interesting people in the industry, whether QR codes are still an emerging topic for marketers, or if the trend goes thanks to the latest innovation from Layar. The new Layar technology let’s the importance of QR codes in some way vanish…

So, the question is: Are the QR codes an over rated technology? Let’s bear in mind how many people know how to use QR code technology, and how often those who know really use the QR code reader? Now, the team from Lab42 comes up with as great infographic on the use of QR codes.

And guess what, 60% of the respondents say they are not familiar with QR codes in general. Most of the people using QR codes (46%) scan them for discounts. interestingly enough, for 42% of the people these codes serve as a ticket (for a concert (62%). And 67% see the QR codes in print magazines. So, my assumption that QR code technology could become the access point for the extension of print (Augmented Reality) seems to proof correct.

Check out the rest of the data yourself…

I am interested to get your view on the future of QR codes. Is this a remaining access hub for companies, brands and services, or will it end when Augmented Reality evolving, and finally detecting 3D objectives…? Let us know your thoughts…

Hyperspecialization – The future of work 3.0?

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All people engaging in the Social Web are eager to pull, push and share all kinds of specializing topics in different areas of thoughts, interests and visions. In some way these people define a new development where the work of generalists is being cut into workload of networks of narrow experts or specialists. At least, Tom Malone, professor at the MIT Sloan School of Management and author of the Harvard Business Review article “The Age of Hyperspecialization,” sees this trend and explains in an HBR video why breaking jobs into tiny pieces yields better, faster, and cheaper work.

Malone sees the key “trend” behind this movement in “cheap communication technology” brought to us all over the world – more or less instantly and costlessly. Having said that, Malone’s illustration of scambled eggs being made ready to eat via the locations, Boston, China, Moscow, Paris and Singapore shows the limitation in the theory. For “brain workers”, it definitely makes sense and is a valid and applicable theory. Managers need to figure out how to break up traditional single job descriptions into pieces of hyperspecialist work and maybe rearrange their business processes if they want to make use of hyperspecialization.

What I definitely see is greater flexibility for employees in this movement. The development offers also some massive opportunity for freelancers being integrated into different projects. Thus, I would ask, whether the work of employees, sitting in office, could not easily be outsourced to even more specialized freelancers. Or if it will be more difficult to coordinate these specialists? Or would this be the work of a hyperspecialist again?

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Is this really a new trend? Is this the normal evolution of worklife and business? Is this another step towards workplace 3.0, the mobile workplace? How do you see that…?