Some Analytics and Usability at Etail

Chairpersons Remark
Jeff Ernst VP Marketing Fatwire

The Theme-Relvenacy

Brad Wolansky, Director of eCommerce for the Orvis company
Increasing Sales and Conversion via Analytics Driven Active Merchandising

SPV Key Metric- sales per visit

1. Identify the issue
2. Create a clear and succinct statement (an IFB “I firmly believe”)
3. Need to prove IFB with a test
4. Report on the results

Geoff Ramsey giving the eTail Awards in the General session

The Winners:

CRM- Finalist include Chrysler Group and Avon
Winner is…Avon Products

Fulfillment- Headsets.com (and one others I missed)
The winner is…Custom Inc.com

Search- I am just going to give the winners now!
Lalain Vernon

Visualization- The Winner is…The Home Depot

Email- Smart Bargains

Web Analytics- and the winner is…Overstock.com

eTail Day 2 (electric boogaloo)

I got off to a late start in my blogging today due to the fact that my new mac was syncing up with my treo for the first time (it was not successful).

Anyhow, I am back in the conference with my computer and ready to bring you the best of eTail.

Some Key Topline topics thus far:

Multi Channel Marketing
Ecommerce and Web 2.0
Usability & Analytics

Great disjunct Tidbits from eTail!-Anne Holland, Marketing Sherpa

Anne Holland
Marketing Sherpa

So far this was the highlight of the conference for me!

Here are some disjunct stats, I will point you to the actual presentation when it is posted online:

25% growth last year in e-commerce
The fastest growing commerce sites are the ones who are measuring the most

Paid Search- The Marketers who are growing the most are spending the most money here
Email is number 2 in terms of what the successful marketers are spending on
3 is SEO
4 is Affiliate
5 Banners
6 Shopping Engines

Predicts that comparison shopping engines are on the rise due to the ability to bid at the sku level

She recommends running an eye tracking test
Horizontal vs vertical navigation- you have to have both!!!
How many tabs can you have? 20 or so max data point
If there an inviting image at the fold, you may get users to go below the fold- worth playing around with
A test was performed giving people 200 to go shopping online- People are not shopping as they do in stores, it is not an entertaining experience like what people do in a store
People are taking the 200 and getting what they want and getting it out. They are treating it like a search engine

People who use the search box on your site are more than twice as likely to convert
Search is not an IT thing anymore. It has become the central way that people shop, regardless of search engines. This is how people navigate sites


Market Testing

Shopping cart testing was the most lucrative testing
Search function testing was number two


Copy Testing was more effective than bells and whistles. It is all about the copy

60 % of people that are adding something to cart are bailing before they are getting to the checkout

how do you get these people back?
Dynamically generated emails calling them back to the abandoned cart

What is motivating consumers?

32% Shopping comparison sites- Perhaps people are using these are price comparison engines for that reason only and not buying there

How quick and relevant are consumers getting your first welcome message? This is the time that consumers are most welcome and eager to here from you

eTail Maximizing Limited eCommerce Resources “Again, taking notes as I listen”

Todd spoke about how the ability to market online is a privilege although some see it as mandatory (um…whatever☺ ).

He showed a slide about the disadvantage of uncoordinated web initiatives and unfocused websites (hmmm….)

Let me take this time to tell you that, while I was waiting for Shenan Reed to get out of the bathroom, I heard a frantic call for me. It was Shenan dragging me towards to the women’s room to help a lady she had meet make a “bigger” tie (what the….)

I think that I am going to end this blog post as; I do not think that there will be any useful info. If I do hear something however, I will post again.

Making Web 2.0 Work in eCommerce at eTail- “Just the facts as I listen”

Sucharita Mulpuru Forrester Research
Peter Cobb, President and Co-Founder eBags
Kenneth Dotson CMO TicketsNow

“6% of consumers using RSS on a regular basis” Forrester
Peter Cobb- eBags and 6PM.com

“RSS where the consumer can decide what they want (information on)”

Cobb speaks about the user centric focus of RSS over email and how users do not want emails loaded with products that they may or may not be interested in. He brings up the concept of Brand Alerts, which is a bit different than the more common use of RSS.

He also spoke of tagging and AJAX technology on 6 PM.com. Although he distilled what AJAX is to merely a super fast algorithm, in terms of what AJAX means to commerce, this is a main attribute.

“AJAX Brings things to the consumer”


Kenneth Dotson- TicketsNow

“Web 2.0 as Philosophy”

Kenneth talked about how he used consumer feedback in order to redesign the home page.

Consumer Personalization-m

Localization
Different Search Products
Search Memory

-Consumer control an extraordinary control over the types of information they want via email, many ways to slice information in the emails. As a result they have a very low opt out.

-Suite of tools to help attendants of events. Nearby restaurant reviews transportation etc.

-Use of Google Earth mash up in order to help drill down parking for an event

-The ability to remember and share events. Consumers can post pictures and reviews for other consumers to see.

If you ain’t adding Value, you ain’t addin Sh-t! (Advertising: The life mirror)

Take a look at the two spots below. One says, “Haven’t you had experiences like these, and couldn’t you use something like this?”


The others says, “We are so creative!”

Now, I think that one of these spots is a work of art and the other is advertising. One adds Value and the other “ain’t addin Sh-t” (but it is really cool and I cannot wait to watch in high def on my 42 inch plasma)

[youtube=http://www.youtube.com/watch?v=rwkNjNntxKM]

Google apparently does not want to make it easy for me to share video with going to their site!!! (perhaps I am a fool but, i got you tube working)

Click here for the second of the 2 videos

http://video.google.com/googleplayer.swf?docId=2823418698186438651 

I WANT VALUE!

I think that I am going to change the name of this blog to “A Valuable Circus”. Well, perhaps not as, this is a blog about Media (although, I think I speak as much about advertising and marketing).


Does Adidas really need to draw valueless attention? Do they really need to say, “look at me!”

I love art and think that there are some great creative things being done be ad agencies from a creative perspective but, take a look at these two ads. One if creative visually and adds not value to the product.

The other is just creative and adds tremendous value.

You take a stab at which is which.

http://www.thecoolhunter.net/ads/ADIDAS-STRIKES-AGAIN---WHAT-A-GOAL!/

http://www.thecoolhunter.net/ads/PERSONAL-STAMP-AD/

Carl Orff: Ad Man of the 20th Century?

Every morning I get to work and turn on my computer and the Answers daily highlights (which I have opted in to receive) pops up. It tells me whose birthday it may happen to be, a few “words of the day” and it gives me a quote.



Today’s quote was by the composer Carl Orff (I had the pleasure of seeing the Carmina Burana a few years ago at
Lincoln center so, I am a fan!).


The quote was this:

"Tell me, I forget; show me, I remember; involve me, I understand." Carl Orff

What exactly was he talking about? Is it possible that Carl Orff foresaw the 21st century advertising/marketing shift?


Lets look at the sentence more closely:

Tell me, I forget; show me, I remember: This sounds a bit like broadcast radio and television advertising although, these days, you can show me and I will still forget.

…involve me, I understand: The Web, Blogging, Podcasting, Tivo, Mobile etc.

One point I want to make is, involvement does not equal conversion but, an engaged consumer is far more likely to be receptive to marketing messages so, Carl Orff, you were a 20th century advertising genius!

Viral=Value?

Along with the rise of social media came a surge in viral marketing but, is viral enough?  

Below is yet another example of a cute 30 second spot that will no doubt be passed around the world via the web.


My question is what value is being added here? What is this commercial really selling? Is this simply a less expensive way to do the same thing that the traditional 30 second spot has always done (be cute and sell nothing)?


I must say, I am not sure!


I can tell you that Bunker shoes has gained no favorable brand positioning in my mind and to be honest, when I started writing this, I had already forgotten what company the ad was for.


Is there no way to be viral and add value at the same time?


[youtube=http://www.youtube.com/watch?v=wnqmhxrx5kQ]


I am going to do a test and see if Joseph Jaffe has a watch for his name (I know I sure do). I would love his opinion on the matter as well as anyone else’s.

I Am the Owner Of Walmart, Best Buy, Sony, Nike and Apple (all within my head)/SEPR Part 1

I recently encountered many conversations about “brand ownership”. One was in Mediapost and the others, well, I cannot even remember if they were podcasts, blogs or actual conversation (once again, the effect of media fragmentation on media memory).


The conclusions of all these conversations were that consumers are the real brand owners, managers and communicators. My professor, mentor, friend and media legend, Charlie Warner always stressed that people like and trust people like themselves (this was one of the things that he brought in his Media Selling textbook but, he knows that it is true in life overall).


This statement may sound obvious but, its implications are tremendous. When judging a brand people place as much emphasis on the wisdom of crowds (if not more so) than on advertising and marketing messages. Being a search marketer, this fact is very important to me as, now matter how much I bid and how great my copy is (which it always is J ) there is always the possibility of natural rankings containing some type of negative messaging.


Enter Search PR.


To my fellow search marketers, do yourselves a favor (if you do not already). Listen to the Hobson Holz report, Inside PR, any PR blogs you can find and do everything in your power to not just understand SEM but, to understand SEPR (Search Engine Public Relations).


What I mean by this is, it is just as important to police the natural rankings and make sure that you are pleasing the public (as they are the true owners of your brand) as it is to pay for placement.


I will write more about this subject but, I woke up this morning to get ready for my big move to my new apartment and began to search for flat panel monitors at PC Richards. Although I did not see anything negative on Google I thought to myself how easy it would be to dissuade me from every going to PC Richards if my eyes caught a glimpse of something negative about the company in the natural rankings.


With so many options these days, I have not time to be loyal!

I Am One (even in a world of 1’s and 0’s)

I was listening to episode #38 of Across the Sound (one of my favorite podcasts, Jaffe, you’re the man!) this morning on the way to work and one of the topics was digital identity.


Now, this is a topic better suited to be debated by some of my great old professors at the New School however, the way that my day unfolded prompted me to want to continue the conversation.


In this new digital world we are asked to create profiles for ourselves in many different places (Flikr, MySpace, LinkedIn etc). I for one will be the same person in all of the places and quite frankly, the over saturation of the social networking space is getting annoying. I simply do not have time or the want to re-create myself (with the exception of Second Life in which I am Mockben Hegel, but that is a different story for a different post).


The bottom line is, I want one digital identity that can apply to all social networks. Enter people aggregator (information courtesy of Michael Arrington’s Tech Crunch post yesterday). Boy have I been waiting for this one (or at least what it aims to be!).



I am one person in the flesh, let me be so in binary code, should I choose to be!