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Introduction to the
Company
Live Q&A Session with
Mr. Anshul Khandelwal
VP, Marketing, Bluestone.com
Page -2-
Agenda for Session
Anatomy of Online Jewellery Purchase
Common Pain Points for Users
Marketing Automation
1
2
3
Understanding User Profiles4
Sample Email and SMS Plan5
Open Q&A6
Page -3-
Anatomy of Online Jewellery Purchase
A high involvement and long gestation buying process
1
2
3
4
5
50% of Orders have 4 or more Touch Points Across the Conversion Funnel
At least 10/12 Products are Viewed Before a Purchase
50% of the Users Browse on Handheld Devices
On an Average 5/6 visits are Required for a Customer for Purchase Completion
Increasing Use of Multiple Screens/Devices through the Buying Cycle
6 60-70% of Orders are Assisted, Require Human Interaction (Chat/Phone)
Page -4-
Anatomy of Online Jewellery Purchase
A high involvement and long gestation buying process
Discovery
Interest
Exploration
Consideration
Selection &
Validation
Sale
85%
Drop
User Buying Lifecycle Key User Actions
• Discover BlueStone through Paid, Social and
Organic sources
• Spends time on the website
• Social Engagement
• Email Sign Up
• Reads About Us/Policies/Contact Us
• Browse Multiple products
• Chat/Call/Email
• Add to Wishlist
• Retargeting Clicks
• Multiple Visits
• Add to Cart/Home Try On
• Price Comparisons, Read Reviews
• Confirm Policies, Chat, Call
• Order/Sale
Page -5-
Anatomy: Online Jewellery Purchase
A high involvement and long gestation buying process
AUTHENTICITY
• Is this Jewellery Real?
• Do you Have a Store?
• Is it Pure Gold?
QUALITY
• Is the Jewellery
Hallmarked?
• Is it Certified?
• How Can I Trust the
Quality of the
Jewellery ?
• Do you Manufacture
on your Own?
TRUST
• Can I Trust your
Website?
• How Can I Trust your
Courier Partner?
• Is the Jewellery
Insured?
PRODUCT
INFORMATION
• What are the Making
Charges?
• What is the Pricing
Break Up?
• What is the Diamond
Quality?
• Size/Weight/Specifica
tions of the Jewellery
POLICIES
• Can I Resell the
Jewellery? If yes,
what is the Resale
Value?
• Can I Return This?
Will I Get 100%
Refund?
• Can I Sell it to Any
Jeweller Later?
• When Will it be
Delivered?
Page -6-
Anatomy of Online Jewellery Purchase
Agenda for Session
Common Pain Points for Users
Marketing Automation
1
2
3
Understanding User Profiles4
Sample Email and SMS Plan5
Open Q&A6
Page -7-
Common Pain Points for Users
Multiple moments of misery which a user can experience in his cycle
PRODUCT DISCOVERY
INFORMATION/ NEEDS
SHOPPING ASSISTANCE
Moments of Misery
• Unable to Find/Discover the Desired Products
• Lack of Information on the Site
• No Response/Delayed Response from Customer Support
• Lack of Detailed Knowledge
• No Proactive Help
• No Recommendations
• Mechanical Responses
Page -8-
Common Pain Points for Users
Multiple moments of misery which a user can experience in his cycle
1 Reduce Abandonments and Drop Offs and Churn
2 Regular Customer Engagement
3 Shorten the Time Taken to Purchase
4 Induce Repeat Purchase
Page -9-
Anatomy of Online Jewellery Purchase
Agenda for Session
Common Pain Points for Users
Marketing Automation
1
2
3
Understanding User Profiles4
Sample Email and SMS Plan5
Open Q&A6
Page -10-
Marketing Automation
Right Information at the Right Time to the Right User on the Right Device via a Right Medium
BEHAVIOURAL
USER
SEGMENTATION
• Capability of Segmenting every User based on his Behaviour and Demographics
CONVERSION
FUNNEL/LIFECYCLE
TARGETING
• Customized Communication based on the Lifecycle the User is in
PERSONALIZATION • Unable to Find/Discover the Desired Personalized Communication based on the
Customer Persona
CROSS CHANNEL, MULTI
CHANNEL PLATFORM
COMMUNICATION
• Multiple Channels of Communication : Email, SMS, On Site, In App
• Customized Communication for Mobile and Desktop
INTEGRATION
• Integration with the CRM and Order Management System – Single 360 Degree View
of the Customer
Page -11-
Anatomy of Online Jewellery Purchase
Agenda for Session
Common Pain Points for Users
Marketing Automation
1
2
3
Understanding User Profiles4
Sample Email and SMS Plan5
Open Q&A6
Page -12-
VISITOR PROFILES
Time since last visit/sign up
Time since cart abandoned
Cart Value
Past Buyer Behaviour
Design Preferences and Browsing Patterns
Device Preferences
Regular Shoppers Shops regularly once in 60 days
Big Ticket Customers Lifetime Revenue > 2 lakhs
Bargain Customer Only shops with discounts and
coupons
On the Fence Has been inactive for over an
year
New and Promising
Signed up < 7 days ago,
browsed more than 10 products,
more than 10 visits
One Time Wonder
Bought only once in the last 6
months
Mobile Shopper Shops primarily from mobile
Understanding User Profiles
A categorization of visitor profiles based on certain behaviour
VISITOR SEGMENTATION CRITERIA BEHAVIOUR
Page -13-
Lifecycle/Funnel
Stage
Segment
Communication
Medium
Understanding User Profiles
What should be the communication medium
Email
SMS
On Site
Notification/Content
In App
TARGETED CONTENT
Page -14-
NudgeSpot Wizrocket Betaout
Customer Analytics Bad Bad Very Good
Marketing Analytics Bad Good Bad
Web Analytics Bad Good Bad
Segmentation Good Good Very Good
Communication Very Good Good Good
Ease of Use Good Good Good
Status Using for Email Integrated but not using Integrated but not using
VERY FRAGMENTED INDUSTRY WITH DIFFERENT TOOLS FOR EACH COMPONENT
Understanding User Profiles
Exploring various tools which enable a single 360 degree view of the customer
Page -15-
Understanding User Profiles
Customer grid snapshot from betaout
Page -16-
Understanding User Profiles
Customer profile single view
Page -17-
Anatomy of Online Jewellery Purchase
Agenda for Session
Common Pain Points for Users
Marketing Automation
1
2
3
Understanding User Profiles4
Sample Email and SMS Plan5
Open Q&A6
Page -18-
On Boarding Mailers Abandonment Mailers Occasion Mailers Behavioural Mailers
Welcome Mailer – T
Reminder with the Shopping
Bag
Anniversary Mailer Series for
Him
Reactivating One time wonders
Brand Story, Best Collection
and Policies- T+3
Reminder + Recommendations
+ New Collections
Anniversary Mailer Series for
Her
Education campaign for new and
promising users
Home Try On – T+7 Reminder + Coupons Spouse Birthday Mailers
Activating the non-buyer
registered base
High Value Cart Item Reminder Birthday Mailers
Customized recommendations
for regular visitors
Customized recommendations
for regular buyers
Coupon/Incentives for Fence
customers
Sample Email and SMS Plan
What should be the communication strategy
Page -19-
The Anatomy of an Online Jewellery Purchase
Agenda for Session
Common Pain Points for Users
Marketing Automation
1
2
3
Understanding User Profiles4
Sample Email and SMS Plan5
Open Q&A6
Page -20-
Ask your queries
Open Q & A
Now you can put up your queries on the chat box

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Digital marketing deck anshul khandelwal_31jan16

  • 1. Introduction to the Company Live Q&A Session with Mr. Anshul Khandelwal VP, Marketing, Bluestone.com
  • 2. Page -2- Agenda for Session Anatomy of Online Jewellery Purchase Common Pain Points for Users Marketing Automation 1 2 3 Understanding User Profiles4 Sample Email and SMS Plan5 Open Q&A6
  • 3. Page -3- Anatomy of Online Jewellery Purchase A high involvement and long gestation buying process 1 2 3 4 5 50% of Orders have 4 or more Touch Points Across the Conversion Funnel At least 10/12 Products are Viewed Before a Purchase 50% of the Users Browse on Handheld Devices On an Average 5/6 visits are Required for a Customer for Purchase Completion Increasing Use of Multiple Screens/Devices through the Buying Cycle 6 60-70% of Orders are Assisted, Require Human Interaction (Chat/Phone)
  • 4. Page -4- Anatomy of Online Jewellery Purchase A high involvement and long gestation buying process Discovery Interest Exploration Consideration Selection & Validation Sale 85% Drop User Buying Lifecycle Key User Actions • Discover BlueStone through Paid, Social and Organic sources • Spends time on the website • Social Engagement • Email Sign Up • Reads About Us/Policies/Contact Us • Browse Multiple products • Chat/Call/Email • Add to Wishlist • Retargeting Clicks • Multiple Visits • Add to Cart/Home Try On • Price Comparisons, Read Reviews • Confirm Policies, Chat, Call • Order/Sale
  • 5. Page -5- Anatomy: Online Jewellery Purchase A high involvement and long gestation buying process AUTHENTICITY • Is this Jewellery Real? • Do you Have a Store? • Is it Pure Gold? QUALITY • Is the Jewellery Hallmarked? • Is it Certified? • How Can I Trust the Quality of the Jewellery ? • Do you Manufacture on your Own? TRUST • Can I Trust your Website? • How Can I Trust your Courier Partner? • Is the Jewellery Insured? PRODUCT INFORMATION • What are the Making Charges? • What is the Pricing Break Up? • What is the Diamond Quality? • Size/Weight/Specifica tions of the Jewellery POLICIES • Can I Resell the Jewellery? If yes, what is the Resale Value? • Can I Return This? Will I Get 100% Refund? • Can I Sell it to Any Jeweller Later? • When Will it be Delivered?
  • 6. Page -6- Anatomy of Online Jewellery Purchase Agenda for Session Common Pain Points for Users Marketing Automation 1 2 3 Understanding User Profiles4 Sample Email and SMS Plan5 Open Q&A6
  • 7. Page -7- Common Pain Points for Users Multiple moments of misery which a user can experience in his cycle PRODUCT DISCOVERY INFORMATION/ NEEDS SHOPPING ASSISTANCE Moments of Misery • Unable to Find/Discover the Desired Products • Lack of Information on the Site • No Response/Delayed Response from Customer Support • Lack of Detailed Knowledge • No Proactive Help • No Recommendations • Mechanical Responses
  • 8. Page -8- Common Pain Points for Users Multiple moments of misery which a user can experience in his cycle 1 Reduce Abandonments and Drop Offs and Churn 2 Regular Customer Engagement 3 Shorten the Time Taken to Purchase 4 Induce Repeat Purchase
  • 9. Page -9- Anatomy of Online Jewellery Purchase Agenda for Session Common Pain Points for Users Marketing Automation 1 2 3 Understanding User Profiles4 Sample Email and SMS Plan5 Open Q&A6
  • 10. Page -10- Marketing Automation Right Information at the Right Time to the Right User on the Right Device via a Right Medium BEHAVIOURAL USER SEGMENTATION • Capability of Segmenting every User based on his Behaviour and Demographics CONVERSION FUNNEL/LIFECYCLE TARGETING • Customized Communication based on the Lifecycle the User is in PERSONALIZATION • Unable to Find/Discover the Desired Personalized Communication based on the Customer Persona CROSS CHANNEL, MULTI CHANNEL PLATFORM COMMUNICATION • Multiple Channels of Communication : Email, SMS, On Site, In App • Customized Communication for Mobile and Desktop INTEGRATION • Integration with the CRM and Order Management System – Single 360 Degree View of the Customer
  • 11. Page -11- Anatomy of Online Jewellery Purchase Agenda for Session Common Pain Points for Users Marketing Automation 1 2 3 Understanding User Profiles4 Sample Email and SMS Plan5 Open Q&A6
  • 12. Page -12- VISITOR PROFILES Time since last visit/sign up Time since cart abandoned Cart Value Past Buyer Behaviour Design Preferences and Browsing Patterns Device Preferences Regular Shoppers Shops regularly once in 60 days Big Ticket Customers Lifetime Revenue > 2 lakhs Bargain Customer Only shops with discounts and coupons On the Fence Has been inactive for over an year New and Promising Signed up < 7 days ago, browsed more than 10 products, more than 10 visits One Time Wonder Bought only once in the last 6 months Mobile Shopper Shops primarily from mobile Understanding User Profiles A categorization of visitor profiles based on certain behaviour VISITOR SEGMENTATION CRITERIA BEHAVIOUR
  • 13. Page -13- Lifecycle/Funnel Stage Segment Communication Medium Understanding User Profiles What should be the communication medium Email SMS On Site Notification/Content In App TARGETED CONTENT
  • 14. Page -14- NudgeSpot Wizrocket Betaout Customer Analytics Bad Bad Very Good Marketing Analytics Bad Good Bad Web Analytics Bad Good Bad Segmentation Good Good Very Good Communication Very Good Good Good Ease of Use Good Good Good Status Using for Email Integrated but not using Integrated but not using VERY FRAGMENTED INDUSTRY WITH DIFFERENT TOOLS FOR EACH COMPONENT Understanding User Profiles Exploring various tools which enable a single 360 degree view of the customer
  • 15. Page -15- Understanding User Profiles Customer grid snapshot from betaout
  • 16. Page -16- Understanding User Profiles Customer profile single view
  • 17. Page -17- Anatomy of Online Jewellery Purchase Agenda for Session Common Pain Points for Users Marketing Automation 1 2 3 Understanding User Profiles4 Sample Email and SMS Plan5 Open Q&A6
  • 18. Page -18- On Boarding Mailers Abandonment Mailers Occasion Mailers Behavioural Mailers Welcome Mailer – T Reminder with the Shopping Bag Anniversary Mailer Series for Him Reactivating One time wonders Brand Story, Best Collection and Policies- T+3 Reminder + Recommendations + New Collections Anniversary Mailer Series for Her Education campaign for new and promising users Home Try On – T+7 Reminder + Coupons Spouse Birthday Mailers Activating the non-buyer registered base High Value Cart Item Reminder Birthday Mailers Customized recommendations for regular visitors Customized recommendations for regular buyers Coupon/Incentives for Fence customers Sample Email and SMS Plan What should be the communication strategy
  • 19. Page -19- The Anatomy of an Online Jewellery Purchase Agenda for Session Common Pain Points for Users Marketing Automation 1 2 3 Understanding User Profiles4 Sample Email and SMS Plan5 Open Q&A6
  • 20. Page -20- Ask your queries Open Q & A Now you can put up your queries on the chat box