40
(c) Copyright 2014 Tery Spataro BUYER’S DECISION MAKING PROCESS AND USE OF DIGITAL Revised March 16, 2014 Originally published January 2, 2012 Tery Spataro Exploration of the effect digital has on making a decision on what to buy

Digital Experiences & Shopping by Tery Spataro

Embed Size (px)

DESCRIPTION

A look at the why we buy using digital and the effect digital has on the in-store shopping experience.

Citation preview

Page 1: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

BUYER’S DECISION MAKING PROCESSAND USE OF DIGITAL

Revised March 16, 2014

Originally published January 2, 2012

Tery Spataro

Exploration of the effect digital has on making a decision on what to buy

Page 2: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

WahWahNot another

BORINGSlideshare!

Page 3: Digital Experiences & Shopping by Tery Spataro

COURSECORRECTION

(c) Copyright 2012 Tery Spataro

Page 4: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Buying Stuff

The story of using digital to turn consumers from shoppers to customersinto experience lovers

Page 5: Digital Experiences & Shopping by Tery Spataro

Types of Shoppers

Experiential Customers: They have no specific need or desire in mind when they come into the store. Rather, they want a sense of experience and/or community.

Loyal Customers: They represent no more than 20% of customer base, but make up more than 50% of sales. Not true 20/80.

Discount Customers: They shop the same stores frequently, but make their decisions based on the size of our markdowns.

Hunter. BusinessKnowHow. (2011)

Impulse Customers: They do not have buying a particular item at the top of their "To Do" list, but come into the store on a whim. They will purchase what seems good at the time.

Mission Based Customers: They have a specific intention to buy a particular type of item.

(c) Copyright 2012 Tery Spataro

Page 6: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Reminder of the 7 Steps+ Digital

What happened to the other footprints?

Page 7: Digital Experiences & Shopping by Tery Spataro

Need Recognition

Whoa these shoes are

stinky

(c) Copyright 2012 Tery Spataro

Page 8: Digital Experiences & Shopping by Tery Spataro

WH00T! Shoes beautiful

shoes

Search for Information(c) Copyright 2012 Tery Spataro

Page 9: Digital Experiences & Shopping by Tery Spataro

Pre-purchase Comparison Evaluation

(c) Copyright 2012 Tery Spataro

Page 10: Digital Experiences & Shopping by Tery Spataro

Purchase

(c) Copyright 2012 Tery Spataro

Page 11: Digital Experiences & Shopping by Tery Spataro

Consumption

loving my new yello shoes :D      11 hours ago by Trutrudiva

Don't get me wrong, I LVE me some new shoes. But, I'm NOT loving this new boot! #prayingforfasthealing      2 hours ago by LSainsworth

Loving My New Red Shos #hott      14 hours ago by EvelynJay

(c) Copyright 2012 Tery Spataro

Page 12: Digital Experiences & Shopping by Tery Spataro

Post-consumption

(c) Copyright 2012 Tery Spataro

Page 13: Digital Experiences & Shopping by Tery Spataro

Divestment

(c) Copyright 2012 Tery Spataro

Page 14: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

How does this effect in store

retail?

(c) Copyright 2012 Tery Spataro

Page 15: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

SHOPPING NEEDS TO BE REINVENTED

(c) Copyright 2012 Tery Spataro

Page 16: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

CUSTOMERS WANT SOMETHING MORE…

Digital creates experiences

Page 17: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

IN STORE IS A DIGITAL STAGELET’S WOW THEM

Ralph Lauren 3D Video Projection on Bond Street Storehttp://www.youtube.com/watch?v=rPr0CgvmBM4

(c) Copyright 2014 Tery Spataro

Page 18: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Retailers Using Digital

Citibank• Your money your experience.

1969• What non-shoppers do when

waiting.

Sunglass Hut• Feeding your social vanity.

Page 19: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Citibank Citigold Lounge

• Customers get a whole new experience with Citigold Lounge – it’s not just about banking.

• Taking a cue from hotels, Citigold Lounge has lovely concierge area that warming greets you.• Digital window expresses the

news of the day.• Digital theatre in the back of the

store w/ wifi access.• With video chat you can see your

customer service rep and feel more secure about your money.

Page 20: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Gap 1969

• We all know how it feels to have to go shopping with someone when you don’t want to or like to shop.

• Give those customers a reason to stick around and wait.

• Gap 1969 in Soho took a design cue from Apple to provide this table in the center of the store for shoppers & non shoppers to use.• The iPad extends the 1969

assortment • And gives those bored tag-along-

shoppers something to do.

Page 21: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Sunglass Hut

• A eye on vanity, Sunglass Hut let you and your friends see how great you look

• Get a snap of yourself in those $800 Tiffany shades to share with friends

Page 22: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

DIGITAL STUFF IS HAPPENING ALL AROUND US

Page 23: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery SpataroInspiration by IBM

(c) Copyright 2012 Tery Spataro

Page 24: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Go Ahead Touch It!IBM Immersive Experience

(c) Copyright 2012 Tery Spataro

Page 25: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Be the Star- American Eagle

(c) Copyright 2012 Tery Spataro

Page 26: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Be on the Stage– Forever 21

(c) Copyright 2014 Tery Spataro

Page 27: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Store Brings the Market to the Customers - Tesco Pop-Up

http://www.youtube.com/watch?v=fGaVFRzTTP4

(c) Copyright 2014 Tery Spataro

Page 28: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Look No Bags!- eBay pop-up store

(c) Copyright 2014 Tery Spataro

Page 30: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

More Than 8,000 Shoes – Adidas

(c) Copyright 2014 Tery Spataro

Page 31: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Try the Watch - the New Fitting Room-Tissot Augmented Reality

(c) Copyright 2014 Tery Spataro

Page 32: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Need Something Else?- At JC Penney’s customer’s preferences rule!

Page 33: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Lookbook - Shopbop

Page 34: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Snapette & Share It

Page 35: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Other Digital Expressions

VR Dressing RoomMobile TransactionsQR CodesCisco Hologram Mannequin

Page 36: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

What does the Customer Want?

• Creativity, inspiration, compelling in-store entertainment

• Wants to feel good about the store they enter ~ it has to be clean, organized, with a clear traffic flow

• Preferences, selection and assortment to fit desires

• Assortment has quality first, quantity second

• Trends on hand

• Reasons to try & buy

• Share their experiences with their friends

• Convenience

Page 37: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

THANK YOU!I can bring the digital experience to your retail strategy!

(c) Copyright 204 Tery Spataro

Page 38: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Tery Spataro is widely known for helping brands understand the role technology plays in marketing, innovation and retail environments. Wielding over two decades of experiences in marketing as a digital strategist, Tery takes a deep look into understanding why, what and who.

She’s created tech marketing strategies for automotive, food and beverage, consumer packaged goods, education, energy, entertainment, health care, insurance, pharmaceuticals, non-profits and retail brands.

Tery has brought digital to life in physical space, having worked with Bloomingdales, Michael’s craft stores, Sally Hansen, Novartis, Whole Foods and Nine West.

She helps clients by identifying problems with marketing, communication, branding and retail space. She provides research, strategy and creative ideas with a clear direction on how to proceed.

Tery has held executive roles with top agencies and served as a senior strategist for several consulting firms. No stranger to entrepreneurial life, Tery founded or co-founded, self-funded and operated seven start-ups.

Through the years she has lectured at universities and international conferences, providing valuable industry thought leadership, and has been quoted in books and articles about business and marketing. 

Tery has an MBA in marketing from Regis University and wrote and illustrated a book about quantum perceptions called “The Other Side of the Box”.

Special thanks to Rick Colby for editing.Bio || Twitter || LinkedIn || The Book || Pinterest || Slideshare || Glossi

Page 39: Digital Experiences & Shopping by Tery Spataro

(c) Copyright 2014 Tery Spataro

Stuff I Did Confluence: Connected Human - Creating better health through self manage of health data, we are the

connect human.

Confluence: Man with Machine - The continuation of Confluence and the exploration of robots and robotics and the impact these applications have on our humanness and the environment.

The Future is Now – A look at the confluence of humans, technology and the environment.

Digital Experiences & Shopping – Overview of the buyer’s decision-making process using digital, the future of in-store retail and use of digital experiences.

Digital Strategy – Strategy for innovation, communication and promotion.

Fashion Intelligentsia - research report I did to provide insights into how fashion minded women acquire information for shopping. This report was voted the best of Slideshare.

The Changing World of Digital - looks at digital communication from a historical perspective and identifies the way the consumer changes from passive involvement to participant.

Healthy Digital - explores who the natural and organic consumer is and identifies their digital behavior.

Community During Crisis – what Governments can learn from the Boulder Community’s usage of Social Media during the Boulder Fire.

Digital Marketing Strategy vs Tactics – Asking strategic questions, forming ideas and identifying tactics.

The Other Side of the Box - the story about a cat, box and perception. “The Other Side of the Box” a book about perception, a cat and quantum thoughts.