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Confidential + Proprietary Aleks Bozhinov (Account Manager) Nikolay Bonev (Account Strategist) 14.04.2016 Micro-moments and the Shopper Journey

Micro-moments and the shopper journey (Economedia)

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Page 1: Micro-moments and the shopper journey (Economedia)

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Aleks Bozhinov (Account Manager)Nikolay Bonev (Account Strategist)14.04.2016

Micro-moments and the Shopper Journey

Page 2: Micro-moments and the shopper journey (Economedia)

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Agenda

Online Consumer Trends

Micro-Moments

1

2

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Online Consumer Trends

Page 4: Micro-moments and the shopper journey (Economedia)

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To unlock new opportunities, true insights

must be

novel

credible

actionable

Page 5: Micro-moments and the shopper journey (Economedia)

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Online research

The online customer journey

74%

29%

Online purchase

45%

Offline purchase

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Bulgaria has more screens than ever

{There are 2,2 devices connected to the internet per person in Bulgaria in 2015.

This is a 30% growth from 2013.

2,2devices per person

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Search is mobile4 out of 10 are using search engines via smartphones at least weekly

…making it crucial for businesses to think mobile.

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The online customer journey

7 out of 10 are watching online video on their smartphones every week

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The smart viewer is a focused viewer

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The Micro Moments

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We don’t go online. We live online.

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per day

At bus stop, listen to new music playlist 8:30am

Buy new tote to take to Coachella 11:15am

Browse festival styles on YouTube7:15pm

On bus, check email for sales this weekend5:29pm

At lunch, play Scrabble while waiting in line1:33pm

Use flashlight app to find dropped earring11:09pm

Use maps to get directions to Creole food truck 1:13pm

At work, book Coachella tickets11:36am

Wake up and read news online6:50am On the bus, read articles

about Coachella 8:42am

150x

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Moments7:05am Text Jim

7:45am Check time

8:12am Read text from Jim

9:03am Send work email

1:23pm Post vacation photos

3:29pm Text Karen

5:38pm Take picture of traffic

5:40pm Post picture of traffic

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7:15am Find brunch place

7:53am Watch how-to fix bikechain

video

8:59am Research vacation destinations

10:07am Read about best running shoes

1:23pm Watch mountain biking videos

5:38pm Look up mortgage rates

Micro-moments

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Micro-Moments: Moments That Truly Matter

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I-want-to-know moments

66% of smartphone users turn to their phones to look up something they saw in a TV commercial

65% of online consumers look up more information online now versus a few years ago

I-want-to-go moments

82%of smartphone users use a search engine when looking for a local business

I-want-to-domoments

100M+ hours of “how-to” content have been watched on YouTube so far this year

I-want-to-buymoments

29% increase in mobileconversion rates in the past year

2X increase in “near me” search interest in the past year

91% of smartphone users turn to their phones for ideas while doing a task

82% of smartphone usersconsult their phones while in a store decidingwhat to buy

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How to reach yours customers in the moments that matter?

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Be ThereBe UsefulBe QuickConnect the Dots

Succeeding in a micro-moment world

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Be ThereBe UsefulBe QuickConnect the Dots

Succeeding in a micro-moment world

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You get a shot at your competitor's customers

Many consumers aren’t brand committed

Being there drives brand awareness

Be There

Showing up gets your brand in the game to be chosen, not just seen

Showing up in mobile search ad results can increase unaided brand awareness by an impressive 6.9 percentage points, or 46%

of smartphone users have discovered a new company or product when conducting a search on their smartphones

smartphone users have purchased from a company or brand other than the one they were seeking because of information provided in the moment they needed it

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I-NEED-A-SMALLER-CARMOMENTS

After a 28 year hiatus in the U.S. market, Fiat deployed search ads to drive brand awareness to a new generation of

automotive consumers.

21

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Succeeding in a micro-moment world

Be There Be UsefulBe QuickConnect the Dots

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of consumers say that regularly getting useful information from

an advertiser is the most important attribute when

selecting a brand

of smartphone users have bought from a brand other

than their intended one because the information

provided was useful

of smartphone users say they're more likely to buy from

companies who customize mobile information to their

location

Without utility in the moment, not only will consumers move on, they actually might not ever come back

Be Useful

Page 24: Micro-moments and the shopper journey (Economedia)

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Winning an upper funnel moment within the research phase of the purchase

journey.

I-WANT-TO-KNOWMOMENTS

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I-Want-to-Go MomentsBe Useful

Action: Use location signals to highlight relevant locations, store inventory, and

driving directions

71%

of smartphone users say they’ve used a store locator to find

a shop location

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Insert Home Depot “how to” collection YouTube Screen Shot

I-WANT-TO-DOMOMENTS

Home Depot created a how-to video series on YouTube that helped consumers get things done around the house.

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I-Want-to-Buy MomentsBe Useful

Action: Empower purchases in-store, on mobile, via a call center, or across devices

58%of smartphone users are

more likely to buy from companies whose mobile sites or apps allow them

to make purchases quickly

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Succeeding in a micro-moment world

Be ThereBe Useful Be QuickConnect the Dots

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of smartphone users will immediately switch to another site or app if it’s too slow or not user-

friendly enough

of customers will abandon a retail or travel site that takes

over 3 seconds to load

Dissatisfied visitors will never return to a website where problems have occurred

If speed thrills, friction kills

Be Quick

Page 30: Micro-moments and the shopper journey (Economedia)

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Provide alternatives to finish the transaction

Implement one-click functionality

Design efficient forms

Action: Eliminate Steps

Be Quick

67%of smartphone users who switch to another site or app will do so because it takes too many steps to purchase or get desired

information

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PICK-UP-WHERE-I-LEFT-OFFMOMENTS

Beyond the Rack doubles mobile sales after launching dedicated mobile site.

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Put calls-to-action for primary activities in a

prominent spot

Be Quick

61%of smartphone users are

more likely to buy from mobile sites and apps

that customize information to their

locationUse customers’ past behavior

Take advantage of built-in GPS capabilities

Action: Anticipate Needs

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I-JUST-WANT-TO-BOOK MOMENTS

Virgin America redesign their mobile website to focuson what matters most to customers: booking a flight.

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Be Quick

47%of consumers expect a page to load in 2 seconds or less

Evaluate mobile site load time

Action: Load like Lightning

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I-NEED-IT-FAST MOMENTS

Walmart improved mobile performance with faster load times.

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Succeeding in a micro-moment world

Be ThereBe UsefulBe Quick Connect the Dots

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of consumers do research before entering a store

of people say they use multiple screens for everyday activities, such as booking a hotel or shopping for electronics

of smartphone users turn to their devices to help them make a product decision when in stores

Digital drives people in store

Mobile is the new shopping assistant

People purchase across screens

Micro-moments have fragmented the consumer journey

Connect the Dots

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Gain insight in the research behaviour of today’s online shopper

42%

64%

online shoppers use video as part of their pre-purchase research

use YouTube to find products

32%of people that watch video on their phones report visiting YouTube to help with a purchase while in store or on a brand’s website

Sources: Think With Google 2014, Google/IPSOS Brand Building on Mobile Survey, February 2015

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UNDERSTAND THE CUSTOMER JOURNEYBUILD INCREMENTAL INSIGHTS FROM DIFFERENT VIEWPOINTS

ONLINE-TO-OFFLINE

ACROSS DEVICES

ConversionGenericSearch

BrandSearch

WITHIN CHANNELS

Display Conversion

ACROSS CHANNELS

Mobile Search ConversionDesktop

Search

Desktop Search

Store Visit Conversion

Search

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An adaptation of Avinash Kaushik’s See/Think/Do audience-centric business framework to drive your thinking about gaining a better understanding of today’s shopper

journey

SEE/THINK/DO/CARE FRAMEWORK

Broadest addressable users

Goal: see and know

my brand

Users thinking about purchasing

Goal: consider my

brand’s offerings

Users ready to purchase now

Goal: purchase my brand’s

products/services

SEE THINK DO

CARE Users who have purchased twice

Goal:purchase again,

become loyal to my brand

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CERTAIN MEDIA REACHES CERTAIN AUDIENCES ONLY AT CERTAIN STAGES

D I S P L A Y

S E O S E O

S E M

STANDARD ASSUMPTIONS OF MEDIA

A F F I L I A T E S

SEE THINK DO

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BREAKING DOWN ASSUMPTIONSMAKE THE OMNICHANNEL SHIFT

SEE THINK DO

S O C IA LS O C I A LS E O

S E O

S E O

D I S P L A Y D I S P L A Y D I S P L A YY O U T U B E Y O U T U B E Y T

S E M S E MS E M

A F F I L I A T E S

E M A I LE M A I L

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PAID MEDIA PLAYS MANY ROLESWIDE SCOPE OF TARGETING & OBJECTIVES

DEMO / PSYCHO / SOCIAL IN MARKET / SIMILAR AUDIENCES / TOPICS / AFFINITY / REMARKETING

REMARKETING / CONTEXTUALPRODUCT-DRIVEN / OFFERS

YOUTUBE / FIRST WATCHDEMO/PSYCHO/SOCIAL/INTEREST CATEGORY

IN MARKET / SIMILAR AUDIENCES / TOPICS / AFFINITY / REMARKETING

PRODUCTVIDEO

BRAND / PRODUCTLOWER FUNNEL

GENERICINDUSTRY

YOUTUBE SEARCH / CATEGORY GENERIC / MID FUNNEL

SEE THINK DO

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Customer journey to online purchase - Shopping, Germany

https://www.thinkwithgoogle.com/tools/customer-journey-to-online-purchase.html#!/the-uk/shopping/large/email

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Begin to Understand How Individual Channels Perform Using the Assist / Last Reports

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Ratios tell us the role of the channel

Assist Ratio

s 5.015.0 0.30.5

Organic Search

Direct

0.8 0.63.1

More likely to be assist touchpoint

9.0

Email

Brand Paid Search

Display & Video: Upper

Funnel

Display & Video: Mid-

FunnelPaid

Search: Generic

0.7

Referral

Display & Video:

Lower Funnel

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5.015.0 0.30.5

Organic Search

Direct

0.8 0.63.19.0

Email

Brand Paid

Search

Display & Video: Upper

Funnel

Display & Video: Mid-

FunnelPaid Search:

Generic

0.7

Referral

Display & Video:

Lower Funnel

More likely to be last touchpoint

Assist Ratio

s

Ratios tell us the role of the channel

Page 48: Micro-moments and the shopper journey (Economedia)

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Measure more than just app

installs

Account for multi-device

behavior

Make sure mobile gets

credit for call

conversions

Connect the Dots

40%

of smartphone users who research on their mobile device go on

to purchase on a desktop

Action: Measure Across Screens

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Connect the Dots

57%of people are more likely to visit a store

when they use mobile search to help make a

decision

Measure how digital influences offline behaviors

Action: Measure Across Channels

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Be There

Be Useful

Connect the Dots

Be Quick

❑ Tap into Your Audience’s Passions❑ Create Snackable, Educational Content❑ Use Location Signals❑ Provide How-To Video Content❑ Empower Purchases on All Channels and

Devices

❑ Identify your Moments❑ Understand your Share of

Intent

❑ Eliminate Steps❑ Anticipate Needs❑ Load like Lightening

❑ Measure Across Screens❑ Measure Across Channels

Micro-Moments Checklist