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MOBILE COMMERCE:
A worthy venture for your
retail business?
Michelle Lee, Keungzai
Mike Hann, Poq Studio
#Pure34
Quick	
  Hello	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
IT’S THE BIG DEBATE
A	
  mobile	
  future?	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
1%	
  
33%	
  
of	
  visits	
  
IT’S THE BIG DEBATE
A	
  mobile	
  fashion	
  future?	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
1%	
  
41%	
  
Fashion	
  
Retail	
  
IT’S THE BIG DEBATE
%	
  of	
  UK	
  online	
  retail	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
1%	
  
20%	
  
2010	
   2013	
  
IT’S THE BIG DEBATE
What	
  are	
  people	
  buying?	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
1%	
  
42%	
  
fashion	
  
IT’S THE BIG DEBATE
When	
  will	
  mobile	
  surpass	
  desktop?	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
1%	
  
20%	
  
IT’S THE BIG DEBATE
%	
  
Confused?	
  
Here’s	
  why:	
  
	
  
	
  
	
  
	
  
	
  
	
  
IT’S THE BIG DEBATE
A	
  mobile	
  future?	
  
	
  
Mobile	
  search	
  will	
  overtake	
  desktop	
  
search	
  by	
  2014.	
  
	
  
3	
  out	
  of	
  4	
  in	
  the	
  UK	
  popula?on	
  will	
  
own	
  smartphones	
  by	
  2016	
  
	
  
	
  
IT’S THE BIG DEBATE
A	
  mobile	
  future?	
  
	
  
Mobile	
  search	
  will	
  overtake	
  desktop	
  
search	
  by	
  2014.	
  
	
  
3	
  out	
  of	
  4	
  in	
  the	
  UK	
  popula?on	
  will	
  
own	
  smartphones	
  by	
  2016	
  
	
  
	
  
IT’S THE BIG DEBATE
A	
  mobile	
  future?	
  
	
  
Mobile	
  search	
  will	
  overtake	
  desktop	
  
search	
  by	
  2014.	
  
	
  
3	
  out	
  of	
  4	
  in	
  the	
  UK	
  popula?on	
  will	
  
own	
  smartphones	
  by	
  2016	
  
	
  
	
  
IT’S THE BIG DEBATE
PlaKorm	
  shiL	
  
	
  
	
  
This	
  isn’t	
  just	
  the	
  odd	
  
customer	
  browsing	
  on	
  
their	
  phone	
  or	
  iPad.	
  	
  
	
  
This	
  is	
  a	
  fundamental	
  
plaGorm	
  shiH	
  on	
  how	
  
we	
  interact	
  with	
  the	
  
internet.	
  
	
  
	
  
Case	
  Study	
  
	
  
	
  
A	
  mobile	
  site	
  and	
  
app	
  for	
  this	
  stylish	
  
women’s	
  and	
  
maternity	
  brand	
  
Why	
  mobile?	
  
25%	
  
40%	
  
0%	
  
5%	
  
10%	
  
15%	
  
20%	
  
25%	
  
30%	
  
35%	
  
40%	
  
45%	
  
2012	
   2013	
  
Seeing	
  a	
  big	
  increase	
  in	
  mobile	
  traffic	
  
•  Professional	
  ABC1	
  
women	
  
•  Pregnant	
  
•  New	
  mums	
  
•  Mul?-­‐tasking	
  
mums	
  on-­‐the-­‐go	
  
•  Working	
  mums	
  
Keungzai	
  consumer	
  profile	
  
•  Professional	
  ABC1	
  
women	
  
•  Pregnant	
  
•  New	
  mums	
  
•  Mul?-­‐tasking	
  
mums	
  on-­‐the-­‐go	
  
•  Working	
  mums	
  
	
  
Keungzai	
  consumer	
  profile	
  
•  Professional	
  ABC1	
  
women	
  
•  Pregnant	
  
•  New	
  mums	
  
•  Mul?-­‐tasking	
  
mums	
  on-­‐the-­‐go	
  
•  Working	
  mums	
  
Keungzai	
  consumer	
  profile	
  
Miranda	
  Kerr	
  with	
  her	
  liSle	
  boy.	
  
•  Professional	
  ABC1	
  
women	
  
•  Pregnant	
  
•  New	
  mums	
  
•  Mul?-­‐tasking	
  
mums	
  on-­‐the-­‐go	
  
•  Working	
  mums	
  
	
  
Keungzai	
  consumer	
  profile	
  
Credit:	
  Janine	
  of	
  Pret-­‐a-­‐Pregnant	
  
working	
  out	
  with	
  her	
  toddler	
  
•  Professional	
  ABC1	
  
women	
  
•  Pregnant	
  
•  New	
  mums	
  
•  Mul?-­‐tasking	
  
mums	
  on-­‐the-­‐go	
  
•  Working	
  mums	
  
	
  
Keungzai	
  consumer	
  profile	
  
The	
  app	
  and	
  mobile	
  site	
   hPp://m.keungzai.com	
  
Lookbook	
  and	
  products	
  
Wishlist	
  and	
  buying	
  
Three-­‐step	
  checkout	
  process	
  
Reviews:	
  
A	
  5	
  star	
  ra?ng	
  in	
  the	
  
app	
  store,	
  and	
  great	
  
feedback	
  from	
  
Keungzai	
  customers	
  
• Bounce	
  rate	
  for	
  all	
  mobile	
  visitors	
  
reduced	
  by	
  24.47%	
  
	
  
• Users	
  spend	
  more	
  ?me	
  on	
  mobile.	
  
Average	
  visit	
  dura?on	
  increased	
  by	
  3	
  
minutes.	
  
	
  
	
  
The	
  results	
  
 
	
  
The	
  results	
  
Bounce	
  rate	
  on	
  the	
  mobile	
  site	
  was	
  21.2%	
  lower	
  
than	
  the	
  Desktop	
  site	
  during	
  the	
  first	
  quarter	
  
June	
  mobile	
  sales:	
  
20%	
  higher	
  
than	
  desktop	
  
The	
  results	
  
IT’S THE BIG DEBATE
5	
  Mcommerce	
  Tips	
  
	
  
	
  
	
  
IT’S THE BIG DEBATE
Op]on	
  Overload	
  
	
  
•  Mobile	
  website	
  	
  
	
  Eg:	
  Reiss,	
  Balenciaga	
  
•  App	
  
	
  Eg:	
  Zara,	
  Net-­‐A-­‐Porter,	
  Amazon	
  
•  Responsive	
  site	
  
	
  Eg:	
  Radley,	
  Wool	
  &	
  The	
  Gang	
  
IT’S THE BIG DEBATE
55%	
  
29%	
  
13%	
  
3%	
   iPad	
  
iPhone	
  
Android	
  
Other	
  
Tip	
  1:	
  	
  
Make	
  friends	
  with	
  Analy]cs	
  
Tip	
  2:	
  	
  
Test	
  it	
  for	
  yourself	
  
How	
  does	
  your	
  brand	
  experience	
  
feel?	
  Can	
  you	
  even	
  buy?	
  Test	
  for	
  
yourself	
  -­‐	
  right	
  through	
  to	
  
checkout.	
  
IT’S THE BIG DEBATE
Tip	
  3:	
  Make	
  it	
  beau?ful	
  
	
  
Fashion	
  consumers	
  want	
  clear,	
  
high-­‐res	
  images	
  and	
  they	
  want	
  
lots	
  of	
  them	
  
Tip	
  4:	
  Make	
  it	
  fast	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
74%	
  
abandon	
  
aLer	
  5	
  secs	
  	
  
 
	
  
Tip	
  3:	
  Don’t	
  DIY	
  it!	
  
	
  
Mobile	
  
technologies	
  are	
  
constantly	
  
changing.	
  You	
  need	
  
exper?se	
  to	
  stay	
  up	
  
to	
  date.	
  
IT’S THE BIG DEBATE
The	
  business	
  case	
  
for	
  mobile	
  
	
  
 Increase	
  current	
  performance	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
2x	
  
conversion	
  
rate	
  
Incremental	
  app	
  revenue	
  
10%	
  
extra	
  sales	
  
The	
  new	
  email	
  
400%	
  
Session	
  
upliL	
  
Connected	
  customers	
  
x2	
  
Pageviews	
  
Time	
  on	
  site	
  
About	
  Poq:	
  	
  
Trusted	
  by	
  20+	
  fashion	
  retailers	
  
Any	
  ques]ons?	
  
@poqstudio	
  
www.poqstudio.com	
  
	
  
@Keungzai	
  
www.keungzai.com	
  
	
  
#Pure34	
  
	
  
	
  

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Mobile commerce for fashion retail - everything you need to know

  • 1. MOBILE COMMERCE: A worthy venture for your retail business? Michelle Lee, Keungzai Mike Hann, Poq Studio #Pure34
  • 2. Quick  Hello                
  • 3. IT’S THE BIG DEBATE A  mobile  future?                 1%   33%   of  visits  
  • 4. IT’S THE BIG DEBATE A  mobile  fashion  future?                 1%   41%   Fashion   Retail  
  • 5. IT’S THE BIG DEBATE %  of  UK  online  retail                 1%   20%   2010   2013  
  • 6. IT’S THE BIG DEBATE What  are  people  buying?                 1%   42%   fashion  
  • 7. IT’S THE BIG DEBATE When  will  mobile  surpass  desktop?                 1%   20%  
  • 8. IT’S THE BIG DEBATE %   Confused?   Here’s  why:              
  • 9. IT’S THE BIG DEBATE A  mobile  future?     Mobile  search  will  overtake  desktop   search  by  2014.     3  out  of  4  in  the  UK  popula?on  will   own  smartphones  by  2016      
  • 10. IT’S THE BIG DEBATE A  mobile  future?     Mobile  search  will  overtake  desktop   search  by  2014.     3  out  of  4  in  the  UK  popula?on  will   own  smartphones  by  2016      
  • 11. IT’S THE BIG DEBATE A  mobile  future?     Mobile  search  will  overtake  desktop   search  by  2014.     3  out  of  4  in  the  UK  popula?on  will   own  smartphones  by  2016      
  • 12. IT’S THE BIG DEBATE PlaKorm  shiL       This  isn’t  just  the  odd   customer  browsing  on   their  phone  or  iPad.       This  is  a  fundamental   plaGorm  shiH  on  how   we  interact  with  the   internet.      
  • 13. Case  Study       A  mobile  site  and   app  for  this  stylish   women’s  and   maternity  brand  
  • 14.
  • 15.
  • 16.
  • 17.
  • 18. Why  mobile?   25%   40%   0%   5%   10%   15%   20%   25%   30%   35%   40%   45%   2012   2013   Seeing  a  big  increase  in  mobile  traffic  
  • 19. •  Professional  ABC1   women   •  Pregnant   •  New  mums   •  Mul?-­‐tasking   mums  on-­‐the-­‐go   •  Working  mums   Keungzai  consumer  profile  
  • 20. •  Professional  ABC1   women   •  Pregnant   •  New  mums   •  Mul?-­‐tasking   mums  on-­‐the-­‐go   •  Working  mums     Keungzai  consumer  profile  
  • 21. •  Professional  ABC1   women   •  Pregnant   •  New  mums   •  Mul?-­‐tasking   mums  on-­‐the-­‐go   •  Working  mums   Keungzai  consumer  profile   Miranda  Kerr  with  her  liSle  boy.  
  • 22. •  Professional  ABC1   women   •  Pregnant   •  New  mums   •  Mul?-­‐tasking   mums  on-­‐the-­‐go   •  Working  mums     Keungzai  consumer  profile   Credit:  Janine  of  Pret-­‐a-­‐Pregnant   working  out  with  her  toddler  
  • 23. •  Professional  ABC1   women   •  Pregnant   •  New  mums   •  Mul?-­‐tasking   mums  on-­‐the-­‐go   •  Working  mums     Keungzai  consumer  profile  
  • 24. The  app  and  mobile  site   hPp://m.keungzai.com  
  • 28. Reviews:   A  5  star  ra?ng  in  the   app  store,  and  great   feedback  from   Keungzai  customers  
  • 29. • Bounce  rate  for  all  mobile  visitors   reduced  by  24.47%     • Users  spend  more  ?me  on  mobile.   Average  visit  dura?on  increased  by  3   minutes.       The  results  
  • 30.     The  results   Bounce  rate  on  the  mobile  site  was  21.2%  lower   than  the  Desktop  site  during  the  first  quarter  
  • 31. June  mobile  sales:   20%  higher   than  desktop   The  results  
  • 32. IT’S THE BIG DEBATE 5  Mcommerce  Tips        
  • 33. IT’S THE BIG DEBATE Op]on  Overload     •  Mobile  website      Eg:  Reiss,  Balenciaga   •  App    Eg:  Zara,  Net-­‐A-­‐Porter,  Amazon   •  Responsive  site    Eg:  Radley,  Wool  &  The  Gang  
  • 34. IT’S THE BIG DEBATE 55%   29%   13%   3%   iPad   iPhone   Android   Other   Tip  1:     Make  friends  with  Analy]cs  
  • 35. Tip  2:     Test  it  for  yourself   How  does  your  brand  experience   feel?  Can  you  even  buy?  Test  for   yourself  -­‐  right  through  to   checkout.  
  • 36. IT’S THE BIG DEBATE Tip  3:  Make  it  beau?ful     Fashion  consumers  want  clear,   high-­‐res  images  and  they  want   lots  of  them  
  • 37. Tip  4:  Make  it  fast                 74%   abandon   aLer  5  secs    
  • 38.     Tip  3:  Don’t  DIY  it!     Mobile   technologies  are   constantly   changing.  You  need   exper?se  to  stay  up   to  date.  
  • 39. IT’S THE BIG DEBATE The  business  case   for  mobile    
  • 40.  Increase  current  performance                   2x   conversion   rate  
  • 41. Incremental  app  revenue   10%   extra  sales  
  • 42. The  new  email   400%   Session   upliL  
  • 43. Connected  customers   x2   Pageviews   Time  on  site  
  • 44. About  Poq:     Trusted  by  20+  fashion  retailers  
  • 45. Any  ques]ons?   @poqstudio   www.poqstudio.com     @Keungzai   www.keungzai.com     #Pure34      

Notas do Editor

  1. What’s thehashtag?Credibility.
  2. (Put white v2 image here and just talk about us. )Poq have a mobile commerce platform, that enables retailers to easily launch and maintain mobile sites and apps. And it’s exclusively designed for fashion retailers. We work with 20 clients and help the likes of Moda in Pelle and Hudson go mobile.What\s happening in mobile
  3. A third of all traffic in the UK now comes from smartphones and tablets. We actually see 40% plus in the fashion sector
  4. A third of all traffic in the UK now comes from smartphones and tablets. We actually see 40% plus in the fashion sector
  5. Mobile now accounts for 20% of the UK online retail market, up from 1% in 2010 - IMRG
  6. 42% of consumers are buying clothes on smartphones aloneDrapers reported 39% - so very similar.Nearly 50% of consumers have already bought clothes on their smartphones – a massive audience, and growing.
  7. Forrester are now asking retailers when mobile will overtake, not if. And many expect it to be Black Friday. Which begs the question of what website will be the primary site?For some emerging retailers, like Fab.com, this has already happened, with over 50% of their revenue coming from apps alone.
  8. So just like Cara, I was thinking why is this happening?
  9. Consumer PC’s now in decline, with tablets soon overtaking. Smartphone’s seeing explosive growth.
  10. Where this gets really interesting is when you look at the Mobile industry – which has always been bigger than tech. 58% now. 75% expected
  11. Talk about the future of mobile – Every European country now has at least 50% smartphone penetration, in the UK it’s already at 58%
  12. This isn’tjust the oddcustomerbrowsing on their phone oriPad. This is a fundamental platform shift on how we interact with the internet.
  13. About Keungzai – a stylish maternity brand for bump and beyond
  14. Increasingly important for the businessMobile traffic has increased: 25% in 2012 < 40% in 2013
  15. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.A mobile website is a must – if you don’t have one, go into Google Analytics and check your bounce rate from mobile users. Make sure you exclude tablet, as most websites display well on them without any optimisation. You’ll probably be surprised at how many potential customers are bouncing away from your site because it looks bad on mobile.An app is the next level of mobile commerce, connecting you with customers and letting you send push notifications, add editorial content like videos and blogs, and give special offers to mobile users.
  16. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.A mobile website is a must – if you don’t have one, go into Google Analytics and check your bounce rate from mobile users. Make sure you exclude tablet, as most websites display well on them without any optimisation. You’ll probably be surprised at how many potential customers are bouncing away from your site because it looks bad on mobile.An app is the next level of mobile commerce, connecting you with customers and letting you send push notifications, add editorial content like videos and blogs, and give special offers to mobile users.
  17. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.A mobile website is a must – if you don’t have one, go into Google Analytics and check your bounce rate from mobile users. Make sure you exclude tablet, as most websites display well on them without any optimisation. You’ll probably be surprised at how many potential customers are bouncing away from your site because it looks bad on mobile.An app is the next level of mobile commerce, connecting you with customers and letting you send push notifications, add editorial content like videos and blogs, and give special offers to mobile users.
  18. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.A mobile website is a must – if you don’t have one, go into Google Analytics and check your bounce rate from mobile users. Make sure you exclude tablet, as most websites display well on them without any optimisation. You’ll probably be surprised at how many potential customers are bouncing away from your site because it looks bad on mobile.An app is the next level of mobile commerce, connecting you with customers and letting you send push notifications, add editorial content like videos and blogs, and give special offers to mobile users.
  19. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.
  20. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.
  21. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.
  22. You need a mobile siteApp is good for Repeat customers.How do you decide?
  23. If you read the press, you’ll find that Android has around 75% market share. But are these smartphones? Are these fashion consumers?Have a look in your Analytics to find out. 85% plus is typical for the fashion sector. Where it gets funky, is if you look at revenue, which is 95% plus from iOS.
  24. So your new friend Analytics, he tells you great gossip, but you’re not sure if it’s true – so there’s only one way to find out!Does it work? Is it possible to buy something. iPad should be fine. Hover/flash.If you don’t have the device, Google “Screenfly” to test how your site looks on different mobile devices
  25. specialists Practicology, womenswear model shots sell between 5% & 20% better
  26. Mobile site - Crazy tech like image loading, lazy loading, etcMobile apps can save customer details making checkout easier and faster(can we make this look like a clock?)
  27. Tip 5: Don’t DIY it!Technologies are constantly changing – you need to always be up to date.Compare to custom build > platform story with ecom
  28. The Free People shopping app added 10% of extra sales for the company in it’s first week, without cannibalising their main website or existing mobile site. Find out more at http://mashable.com/2013/07/14/free-people-app/(What’s Urban Outfitters relationship)10% on established ecommerce business
  29. Put something here
  30. Bounce rate halved. Double time on site and pageviews.Personal experience.
  31. Created by Poq Studio, the mobile website draws in casual browsers, whereas the app is perfect for more dedicated customers.