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How to execute a mobile strategy that effectively acquires, engages and services the customer?

How to execute a mobile strategy that effectively acquires, engages and services the customer?

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Page 1: How to execute a mobile strategy that effectively acquires, engages and services the customer?

How to execute a mobile strategy that effectively acquires, engages and services the

customer?

Page 2: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Who am I?

Co-founder foodpanda singapore, hong kong

Page 3: How to execute a mobile strategy that effectively acquires, engages and services the customer?

What is foodpanda?

Our customers have 2 payment option:Cash on delivery and online payment

Partner restaurants

Online food ordering marketplace

Order placement1

Delivery details2

Food delivery3

Customers

Page 4: How to execute a mobile strategy that effectively acquires, engages and services the customer?

#1 app on the free F&B category on app store

WHY AM I HERE ?

Page 6: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Mobile Strategy

Introduction

Page 7: How to execute a mobile strategy that effectively acquires, engages and services the customer?

What is #1 rule for mobile strategy?

“It's not about mobile its about mobility”

Focus is not on app downloads, always on creating value to customers

- Microsoft CEO Satya Nadella

Page 8: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Key figures to digest first

• Time spent on apps is 80%• People on average use 24 apps monthlyBUT• People spend 80% of their time on 5 apps

there is even an App Inspired by App Overload

Page 9: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Don’t be a Zombie app

an app that does not attract enough measurable attention to regularly receive rankings in the App Store lists

• 1.6 million apps on Apple store• 80% apps are Zombie

Page 10: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Mobile Strategy

Product Focus

Page 11: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Give what customers want

• Adapt to their needs. Eg – Korea’s #1 food delivery player baedari minjok (call-to-order button)

• Win the early adopters but always keep eye on the masses

Page 12: How to execute a mobile strategy that effectively acquires, engages and services the customer?

always listen to them first

Page 13: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Be original, not someone you are not

Page 14: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Mobile Strategy

Understand your goals

Page 15: How to execute a mobile strategy that effectively acquires, engages and services the customer?

why is mobile a big focus for us at foodpanda?

Page 16: How to execute a mobile strategy that effectively acquires, engages and services the customer?

1. CUSTOMER BEHAVIOUR

Loyalty on mobile is 3 times more than on the web and 8 times more than phone

Page 17: How to execute a mobile strategy that effectively acquires, engages and services the customer?

2. REVENUE

• Additional platform channel• Higher Frequency - Customer lifetime value• Higher basket

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3. Look at COMPETITION(direct/indirect)

Grubhub in States, 60% MOBILE

nearly 40% orders are on mobile in SG as we speak today!

Page 19: How to execute a mobile strategy that effectively acquires, engages and services the customer?

4. Market conditions

Eg - Africa no desktop age, directly into mobile

- Mobile phones raise long-term growth rates, 2x - Extra 10 phones per 100 people increases GDP growth by 0.6

% points

Page 20: How to execute a mobile strategy that effectively acquires, engages and services the customer?

cashless payments/operator billing

Its time for africa!

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Acquisition

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Internet.org by Mr. Zuckerburg

• Partner with telcos in developing markets to give this app for free with facebook and other services

• One of the strongest customer acquisition tools to partner with OEM/telcos

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Pre-installations

Page 24: How to execute a mobile strategy that effectively acquires, engages and services the customer?

MWC 14, barcelona

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Tie-up with WeChat

Page 26: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Paid vs Organic channels

Page 27: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Splash page (brand)

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Splash page (non-brand)

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Engaging

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be more than an app

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• Synonymous to food, fun, family, weekend, party - lifestyle choice

Panda is everyone’s best friend

Page 32: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Or atleast we try to be

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Gradual transition from performance marketing to brand marketing

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Push notifications

-Targeted by time, frequency, customer behavior

-Don’t become noise!

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Reviews – customer generated content

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Servicing customer

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Continuous innovation

Noone is invincible!

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Samsung story

From one of the leading smartphone makers to a 60% profit slump

“what is next is now, tomorrow is today” - Samsung galaxy s6 launch, MWC15 Barcelona

Page 39: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Always keep reading the customer journey

• the customer cycle by tracking every step CR(for every step) and not just overall

Improving Conversion = double sales with 0 incremental marketing spend

We know which area of singapore likes pizza and which likes more sushi

Page 40: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Delight the customer Past History and Re-order button

Page 41: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Other interesting findings

1. user preferences – More sensitive to min delivery amount, delivery time >>> ratings, reviews. Also love for deals.

2. Guest checkout super successful

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Adding current GPS tracker

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Deals section

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One product for all countries

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Localisation of product

Even use different sorting logics for different customers

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More upcoming features

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Social Facebook login

• Easy login and registration

• First step towards personalisation

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Group ordering

friends can order together with a shared link on their own device, viral spread of app + higher basket size

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Delight your partners, processesApp for restaurants, delivery riders

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And many more :

• Better search –> restaurants + product• upsell option• Giftcards• Photo blogs (more user content)• Live chat with customer service

Keep innovating

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commit to highest service levelsto win in the long run

Net promoter score – how many new people will promote/demote

Page 52: How to execute a mobile strategy that effectively acquires, engages and services the customer?

foodpanda :gateway to m-commerce for asia?

• Traditional industry of food ordering always existed

• Low basket• Much higher repeat cycles• Cash on delivery

And you have to eat 3 times a day

Page 53: How to execute a mobile strategy that effectively acquires, engages and services the customer?

Topics for group discussion

Page 54: How to execute a mobile strategy that effectively acquires, engages and services the customer?

1. Have Mobile apps completely replaced the mobile Web ?

Page 55: How to execute a mobile strategy that effectively acquires, engages and services the customer?

2. How to migrate current customers to mobile?

Page 56: How to execute a mobile strategy that effectively acquires, engages and services the customer?

3. Paid vs organic ways of getting app downloads

Page 57: How to execute a mobile strategy that effectively acquires, engages and services the customer?

1. Have mobile apps completely replaced the mobile web?

2. How to migrate current customers to mobile?

3. Paid vs organic ways of getting app downloads