SlideShare ist ein Scribd-Unternehmen logo
1 von 31
Downloaden Sie, um offline zu lesen
THE FUTURE IS
OMNICOMMERCE
1
4 Ways Brands Can Succeed in a World Where Ecommerce is an Expectation
2
This presentation originally aired as a webinar.
The recording is available here:
https://events.bizzabo.com/368754
Webinar Q&A
3
Enter content questions or
in the Q&A window.
You may enter your
question anonymously or
name yourself.
We’ll publish some content
questions to the broader
audience.
Platform issues or technical difficulties? Email info@catalystdigital.com for assistance
Introductions
4
More Impact. Better Acquisitions. Higher Growth.
CatalystDigital.com
SPEAKER
Tarik Mughisuddin
Managing Partner, Managing Director
EMCEE
Meghan Lavin
Partner, Director of Marketing
Original Research
The State of Ecommerce 2021:
Navigating the New World of
Omnichannel Commerce & Retail Media
CATALYST & KANTAR ORIGINAL RESEARCH CATALYST & XAXIS ORIGINAL RESEARCH
Closing the Gap:
Adopting Omnichannel Strategies
for Stronger Brand-Consumer Connections
5
www.catalystdigital.com/research/the-state-of-ecommerce-2021/ www.catalystdigital.com/research/closing-the-gap-omnichannel-research/
6
We’re on the fast-track to
OMNICOMMERCE
7
ECOMMERCE
Ever present
More than the
final purchase
Consumer
expectation
Part of the
integrated
strategy
Beyond Amazon
or
brand.com
8
START
STOP
CONTINUE
Approaching ecommerce, retail media, biddable media, omni
media as MEDIA….and work holistically together to support
awareness and commerce simultaneously.
Looking at ecommerce as a separate discipline or team. It
should all be integrated within one team and a single
approach. That’s how you reach an omnicommerce state.
Investing and testing in the commerce landscape. Continue
to develop seamless / convenient offerings for consumers.
Commerce is part of the media mix, not separate
9
Awareness Commerce
Win through integration
Growth through integration
Consumers are already omnicommerce
10 Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
72%
Search sites 71%
Social media
56%
Traditional TV
52%
Subscription TV
47%
On-demand
TV/Online video
45%
Video & mobile
games
44%
Music streaming
39%
Messaging apps
37%
Traditional radio
34%
Ecommerce sites
27%
Print media
25%
DOOH advertising
19%
Podcasts
Daily US Consumer
Engagement With
Key Channels
Omnicommerce consumers need omnicommerce
brands
11
Omnicommerce solutions empower brands to reach and engage
with their customers across multiple touch points (search,
social, display/discovery, ecommerce; traditional platforms or
emerging platforms), providing a way to create a seamless and
integrated customer experience across the full-funnel that
is tied directly to, and optimized towards, brand’s business
outcomes.
Many brands aren’t there yet…
12
42%
of advertisers strongly
agree that their search,
social, & programmatic are
integrated
32%
of advertisers strongly agree
that they set aside
budget for emerging
marketing channels
37%
of advertisers strongly agree
that creative is seamlessly
integrated across traditional
& digital channels
Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
Four ways to get there
13
1.
Embrace a
hybrid model
Think beyond
conversions
Avoid the
ROAS trap
Strategically
leverage
automation
2. 3. 4.
14
EMBRACE
A HYBRID MODEL
1
Consumers are hooked on ecommerce
15
Proportion of consumers more likely
to buy products & services online in
the long run as a result of Covid-19
Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
But, in-store shopping isn’t dead. It’s evolving.
16 Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
25%
25%
35%
26%
19%
7%
49%
56%
58%
I'll be shopping in-store less than I
did before
I'll be shopping in-store even more
than I did before
I'll be shopping in-store as much as
I did before
18-34 35-54 55+
Do you think in the long run your level of in-store shopping will revert to how it was before the pandemic?
17
Delivers on consumers’ desire for convenience
Provides personal & safe connections through
in-store experiences
Blends digital & physical experiences to create a consistent
omnicommerce experience that maximizes LTV
Embrace a hybrid model that:
18
LOOK BEYOND THE
CONVERSION
2
Don’t miss out on full-funnel opportunities
19
62%
of online shoppers search
for inspiration on
Instagram*
63%
of online shoppers
do initial product
research on Amazon*
63%
of online shoppers do
product & price
comparison on Walmart*
50%
of online shoppers discover
new brands & products on
Google*
Source: Catalyst & Kantar Original Research – State of Ecommerce 2021: Navigating the New World of Omnichannel Commerce & Retail Media
*Among those who visited these specific sites
20
Invest in your commerce presence
Optimize the page/retailer experience, continuing to share your brand story
and accounting for platform nuances (it’s not one size fits all).
Prioritize and optimize PDPs (product description pages) to provide helpful
and meaningful content for shoppers.
Leverage digital store or shop opportunities (Amazon, Instagram) and
enhanced content options to create even more positive and user-friendly
experiences for shoppers.
21
Sustaining brand health
Communicating & reinforcing your brand promise
Connecting with consumers wherever they are in the funnel
Use ecommerce as a tool for:
22
BEWARE THE
ROAS TRAP
3
Brands recognize the risks of overreliance on ROAS
23
If companies aren’t careful, they are going to
ROAS themselves into a corner.
Kristina Smith, Vice President, Digital Marketing, The Riveter
ROAS is a very crude and very incomplete
data point. We look at it, we measure it, we
monitor it because it is an easy number to
calculate, but it can be highly
misleading.
Steve Kinsey, Director of Commerce Marketing, GSK
Source: Catalyst & Kantar Original Research – State of Ecommerce 2021: Navigating the New World of Omnichannel Commerce & Retail Media
“
”
“
”
24
A more robust and valuable understanding of performance
Pursuit of upper funnel goals and brand health
A long-term growth mindset
Look at a combination of metrics to enable:
25
STRATEGICALLY
LEVERAGE
AUTOMATION
4
26
Brands want customization, agility, & efficiency
81%
of marketers agree that they
are focused on customized
and personalized
advertising across all
channels
82%
of marketers agree that
budgeting is becoming more
dynamic and real-time
based on evolving customer
behavior
AI & automation help deliver on these needs, but not alone.
Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
27
Be purposeful. Don’t just use AI or automation for the sake of it.
Explore the in’s and out’s. Don’t take it at face-value.
Leverage expert human resources to constantly check-in & assess.
Don’t set it and forget it.
Approach AI & automation with strategy & rigor
28
Additional considerations
Continue investing in tried-and-true platforms, slowly expand and test new
offerings from established platforms.
Be open but cautious with new platforms -- ensure they meet brand safety
standards and fit your target audience.
Don’t forget CREATIVE. Have a creative testing framework. New platforms
will require new creative approaches, yet integrated.
How to succeed in an omnicommerce future
29
1.
Embrace a
hybrid model
Think beyond
conversions
Avoid the
ROAS trap
Strategically
leverage
automation
2. 3. 4.
Tarik Mughisuddin
Managing Partner, Managing Director
Tarik.Mughisuddin@GroupM.com
Catalyst
Info@CatalystDigital.com
CatalystDigital.com
Catalyst & Kantar State of Ecommerce 2021 Research
Catalystdigital.com/research/the-state-of-ecommerce-2021/
Catalyst & Xaxis Omnichannel Research
Catalystdigital.com/research/closing-the-gap-omnichannel-
research/
THANK YOU
30
31
Both research reports are available on our site:
https://www.catalystdigital.com/research/the-state-of-ecommerce-2021/
https://www.catalystdigital.com/research/closing-the-gap-omnichannel-research/
THANK YOU FOR ATTENDING
QUESTIONS? Email us at info@catalystdigital.com

Weitere ähnliche Inhalte

Mehr von Catalyst

New Commerce Commerce: All Things Instacart
New Commerce Commerce: All Things InstacartNew Commerce Commerce: All Things Instacart
New Commerce Commerce: All Things InstacartCatalyst
 
The Power of SEO: Protect Your Bottom Line & Future Proof Your Brand
The Power of SEO: Protect Your Bottom Line & Future Proof Your BrandThe Power of SEO: Protect Your Bottom Line & Future Proof Your Brand
The Power of SEO: Protect Your Bottom Line & Future Proof Your BrandCatalyst
 
The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...
The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...
The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...Catalyst
 
Reignite Your Business with Performance Marketing: 4 Ways to Fuel Your Reopening
Reignite Your Business with Performance Marketing: 4 Ways to Fuel Your ReopeningReignite Your Business with Performance Marketing: 4 Ways to Fuel Your Reopening
Reignite Your Business with Performance Marketing: 4 Ways to Fuel Your ReopeningCatalyst
 
Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...
Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...
Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...Catalyst
 
Evolve Your Social Commerce Strategy: Thinking Beyond Facebook
Evolve Your Social Commerce Strategy: Thinking Beyond FacebookEvolve Your Social Commerce Strategy: Thinking Beyond Facebook
Evolve Your Social Commerce Strategy: Thinking Beyond FacebookCatalyst
 
B2B SEO: Increase Traffic & Leads in 2020
B2B SEO: Increase Traffic & Leads in 2020B2B SEO: Increase Traffic & Leads in 2020
B2B SEO: Increase Traffic & Leads in 2020Catalyst
 
Keynote: Bias in Search and Recommender Systems
Keynote: Bias in Search and Recommender SystemsKeynote: Bias in Search and Recommender Systems
Keynote: Bias in Search and Recommender SystemsCatalyst
 
TechSEO Boost 2019: Research Competition
TechSEO Boost 2019: Research CompetitionTechSEO Boost 2019: Research Competition
TechSEO Boost 2019: Research CompetitionCatalyst
 
NLP Powered Outreach Link Building
NLP Powered Outreach Link BuildingNLP Powered Outreach Link Building
NLP Powered Outreach Link BuildingCatalyst
 
Generating Qualitative Content with GPT-2 in All Languages
Generating Qualitative Content with GPT-2 in All LanguagesGenerating Qualitative Content with GPT-2 in All Languages
Generating Qualitative Content with GPT-2 in All LanguagesCatalyst
 
Automate, Create Tools, & Test Ideas Quickly with Google Apps Script
Automate, Create Tools, & Test Ideas Quickly with Google Apps ScriptAutomate, Create Tools, & Test Ideas Quickly with Google Apps Script
Automate, Create Tools, & Test Ideas Quickly with Google Apps ScriptCatalyst
 
NLP for SEO
NLP for SEONLP for SEO
NLP for SEOCatalyst
 
What I Learned Building a Toy Example to Crawl & Render like Google
What I Learned Building a Toy Example to Crawl & Render like GoogleWhat I Learned Building a Toy Example to Crawl & Render like Google
What I Learned Building a Toy Example to Crawl & Render like GoogleCatalyst
 
The User is The Query: The Rise of Predictive Proactive Search
The User is The Query: The Rise of Predictive Proactive SearchThe User is The Query: The Rise of Predictive Proactive Search
The User is The Query: The Rise of Predictive Proactive SearchCatalyst
 
The Ultimate Pagination for SEO
The Ultimate Pagination for SEOThe Ultimate Pagination for SEO
The Ultimate Pagination for SEOCatalyst
 
Ranking Factors Going Causal: Regressions, Machine Learning, and Neural Networks
Ranking Factors Going Causal: Regressions, Machine Learning, and Neural NetworksRanking Factors Going Causal: Regressions, Machine Learning, and Neural Networks
Ranking Factors Going Causal: Regressions, Machine Learning, and Neural NetworksCatalyst
 
Crawl Budget Conqueror - Take Control of Your Crawl Budget
Crawl Budget Conqueror - Take Control of Your Crawl BudgetCrawl Budget Conqueror - Take Control of Your Crawl Budget
Crawl Budget Conqueror - Take Control of Your Crawl BudgetCatalyst
 
Getting Global Paid Search Right: Scale, Strategy, & Success
Getting Global Paid Search Right: Scale, Strategy, & SuccessGetting Global Paid Search Right: Scale, Strategy, & Success
Getting Global Paid Search Right: Scale, Strategy, & SuccessCatalyst
 
Redefining Technical SEO - Paul Shapiro at MozCon 2019
Redefining Technical SEO - Paul Shapiro at MozCon 2019Redefining Technical SEO - Paul Shapiro at MozCon 2019
Redefining Technical SEO - Paul Shapiro at MozCon 2019Catalyst
 

Mehr von Catalyst (20)

New Commerce Commerce: All Things Instacart
New Commerce Commerce: All Things InstacartNew Commerce Commerce: All Things Instacart
New Commerce Commerce: All Things Instacart
 
The Power of SEO: Protect Your Bottom Line & Future Proof Your Brand
The Power of SEO: Protect Your Bottom Line & Future Proof Your BrandThe Power of SEO: Protect Your Bottom Line & Future Proof Your Brand
The Power of SEO: Protect Your Bottom Line & Future Proof Your Brand
 
The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...
The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...
The Era of Omni-Commerce: New Insights for Dominating the Digital Shelf and B...
 
Reignite Your Business with Performance Marketing: 4 Ways to Fuel Your Reopening
Reignite Your Business with Performance Marketing: 4 Ways to Fuel Your ReopeningReignite Your Business with Performance Marketing: 4 Ways to Fuel Your Reopening
Reignite Your Business with Performance Marketing: 4 Ways to Fuel Your Reopening
 
Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...
Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...
Reignite Your Business with Performance Marketing: 4 Ways to Dial-Up Brand In...
 
Evolve Your Social Commerce Strategy: Thinking Beyond Facebook
Evolve Your Social Commerce Strategy: Thinking Beyond FacebookEvolve Your Social Commerce Strategy: Thinking Beyond Facebook
Evolve Your Social Commerce Strategy: Thinking Beyond Facebook
 
B2B SEO: Increase Traffic & Leads in 2020
B2B SEO: Increase Traffic & Leads in 2020B2B SEO: Increase Traffic & Leads in 2020
B2B SEO: Increase Traffic & Leads in 2020
 
Keynote: Bias in Search and Recommender Systems
Keynote: Bias in Search and Recommender SystemsKeynote: Bias in Search and Recommender Systems
Keynote: Bias in Search and Recommender Systems
 
TechSEO Boost 2019: Research Competition
TechSEO Boost 2019: Research CompetitionTechSEO Boost 2019: Research Competition
TechSEO Boost 2019: Research Competition
 
NLP Powered Outreach Link Building
NLP Powered Outreach Link BuildingNLP Powered Outreach Link Building
NLP Powered Outreach Link Building
 
Generating Qualitative Content with GPT-2 in All Languages
Generating Qualitative Content with GPT-2 in All LanguagesGenerating Qualitative Content with GPT-2 in All Languages
Generating Qualitative Content with GPT-2 in All Languages
 
Automate, Create Tools, & Test Ideas Quickly with Google Apps Script
Automate, Create Tools, & Test Ideas Quickly with Google Apps ScriptAutomate, Create Tools, & Test Ideas Quickly with Google Apps Script
Automate, Create Tools, & Test Ideas Quickly with Google Apps Script
 
NLP for SEO
NLP for SEONLP for SEO
NLP for SEO
 
What I Learned Building a Toy Example to Crawl & Render like Google
What I Learned Building a Toy Example to Crawl & Render like GoogleWhat I Learned Building a Toy Example to Crawl & Render like Google
What I Learned Building a Toy Example to Crawl & Render like Google
 
The User is The Query: The Rise of Predictive Proactive Search
The User is The Query: The Rise of Predictive Proactive SearchThe User is The Query: The Rise of Predictive Proactive Search
The User is The Query: The Rise of Predictive Proactive Search
 
The Ultimate Pagination for SEO
The Ultimate Pagination for SEOThe Ultimate Pagination for SEO
The Ultimate Pagination for SEO
 
Ranking Factors Going Causal: Regressions, Machine Learning, and Neural Networks
Ranking Factors Going Causal: Regressions, Machine Learning, and Neural NetworksRanking Factors Going Causal: Regressions, Machine Learning, and Neural Networks
Ranking Factors Going Causal: Regressions, Machine Learning, and Neural Networks
 
Crawl Budget Conqueror - Take Control of Your Crawl Budget
Crawl Budget Conqueror - Take Control of Your Crawl BudgetCrawl Budget Conqueror - Take Control of Your Crawl Budget
Crawl Budget Conqueror - Take Control of Your Crawl Budget
 
Getting Global Paid Search Right: Scale, Strategy, & Success
Getting Global Paid Search Right: Scale, Strategy, & SuccessGetting Global Paid Search Right: Scale, Strategy, & Success
Getting Global Paid Search Right: Scale, Strategy, & Success
 
Redefining Technical SEO - Paul Shapiro at MozCon 2019
Redefining Technical SEO - Paul Shapiro at MozCon 2019Redefining Technical SEO - Paul Shapiro at MozCon 2019
Redefining Technical SEO - Paul Shapiro at MozCon 2019
 

Kürzlich hochgeladen

The Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingThe Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingJuan Pineda
 
What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...
What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...
What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...Ahrefs
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisjunaid794917
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx216310017
 
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfMost Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfCIO Business World
 
Influencer Marketing Power point presentation
Influencer Marketing  Power point presentationInfluencer Marketing  Power point presentation
Influencer Marketing Power point presentationdgtivemarketingagenc
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
Talent Management for mba 3rd sem useful
Talent Management for mba 3rd sem usefulTalent Management for mba 3rd sem useful
Talent Management for mba 3rd sem usefulAtifaArbar
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garsiderobwhite630290
 
Common Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityCommon Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityMonishka Adhikari
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)Jomer Gregorio
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project VideoSineadBidwell
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligenceHinde Lamrani
 
Master the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfMaster the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfHigher Education Marketing
 
McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)DEVARAJV16
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresLisa M. Masiello
 
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...CIO Business World
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationAli Raza
 

Kürzlich hochgeladen (20)

The Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingThe Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO Copywriting
 
What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...
What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...
What I learned from auditing over 1,000,000 websites - SERP Conf 2024 Patrick...
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysis
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx
 
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfMost Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
 
Influencer Marketing Power point presentation
Influencer Marketing  Power point presentationInfluencer Marketing  Power point presentation
Influencer Marketing Power point presentation
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
Talent Management for mba 3rd sem useful
Talent Management for mba 3rd sem usefulTalent Management for mba 3rd sem useful
Talent Management for mba 3rd sem useful
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
 
Common Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityCommon Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic Creativity
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project Video
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligence
 
Master the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfMaster the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdf
 
McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample Genres
 
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store Optimization
 

The Future is Omnicommerce

  • 1. THE FUTURE IS OMNICOMMERCE 1 4 Ways Brands Can Succeed in a World Where Ecommerce is an Expectation
  • 2. 2 This presentation originally aired as a webinar. The recording is available here: https://events.bizzabo.com/368754
  • 3. Webinar Q&A 3 Enter content questions or in the Q&A window. You may enter your question anonymously or name yourself. We’ll publish some content questions to the broader audience. Platform issues or technical difficulties? Email info@catalystdigital.com for assistance
  • 4. Introductions 4 More Impact. Better Acquisitions. Higher Growth. CatalystDigital.com SPEAKER Tarik Mughisuddin Managing Partner, Managing Director EMCEE Meghan Lavin Partner, Director of Marketing
  • 5. Original Research The State of Ecommerce 2021: Navigating the New World of Omnichannel Commerce & Retail Media CATALYST & KANTAR ORIGINAL RESEARCH CATALYST & XAXIS ORIGINAL RESEARCH Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections 5 www.catalystdigital.com/research/the-state-of-ecommerce-2021/ www.catalystdigital.com/research/closing-the-gap-omnichannel-research/
  • 6. 6 We’re on the fast-track to OMNICOMMERCE
  • 7. 7 ECOMMERCE Ever present More than the final purchase Consumer expectation Part of the integrated strategy Beyond Amazon or brand.com
  • 8. 8 START STOP CONTINUE Approaching ecommerce, retail media, biddable media, omni media as MEDIA….and work holistically together to support awareness and commerce simultaneously. Looking at ecommerce as a separate discipline or team. It should all be integrated within one team and a single approach. That’s how you reach an omnicommerce state. Investing and testing in the commerce landscape. Continue to develop seamless / convenient offerings for consumers. Commerce is part of the media mix, not separate
  • 9. 9 Awareness Commerce Win through integration Growth through integration
  • 10. Consumers are already omnicommerce 10 Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections 72% Search sites 71% Social media 56% Traditional TV 52% Subscription TV 47% On-demand TV/Online video 45% Video & mobile games 44% Music streaming 39% Messaging apps 37% Traditional radio 34% Ecommerce sites 27% Print media 25% DOOH advertising 19% Podcasts Daily US Consumer Engagement With Key Channels
  • 11. Omnicommerce consumers need omnicommerce brands 11 Omnicommerce solutions empower brands to reach and engage with their customers across multiple touch points (search, social, display/discovery, ecommerce; traditional platforms or emerging platforms), providing a way to create a seamless and integrated customer experience across the full-funnel that is tied directly to, and optimized towards, brand’s business outcomes.
  • 12. Many brands aren’t there yet… 12 42% of advertisers strongly agree that their search, social, & programmatic are integrated 32% of advertisers strongly agree that they set aside budget for emerging marketing channels 37% of advertisers strongly agree that creative is seamlessly integrated across traditional & digital channels Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
  • 13. Four ways to get there 13 1. Embrace a hybrid model Think beyond conversions Avoid the ROAS trap Strategically leverage automation 2. 3. 4.
  • 15. Consumers are hooked on ecommerce 15 Proportion of consumers more likely to buy products & services online in the long run as a result of Covid-19 Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
  • 16. But, in-store shopping isn’t dead. It’s evolving. 16 Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections 25% 25% 35% 26% 19% 7% 49% 56% 58% I'll be shopping in-store less than I did before I'll be shopping in-store even more than I did before I'll be shopping in-store as much as I did before 18-34 35-54 55+ Do you think in the long run your level of in-store shopping will revert to how it was before the pandemic?
  • 17. 17 Delivers on consumers’ desire for convenience Provides personal & safe connections through in-store experiences Blends digital & physical experiences to create a consistent omnicommerce experience that maximizes LTV Embrace a hybrid model that:
  • 19. Don’t miss out on full-funnel opportunities 19 62% of online shoppers search for inspiration on Instagram* 63% of online shoppers do initial product research on Amazon* 63% of online shoppers do product & price comparison on Walmart* 50% of online shoppers discover new brands & products on Google* Source: Catalyst & Kantar Original Research – State of Ecommerce 2021: Navigating the New World of Omnichannel Commerce & Retail Media *Among those who visited these specific sites
  • 20. 20 Invest in your commerce presence Optimize the page/retailer experience, continuing to share your brand story and accounting for platform nuances (it’s not one size fits all). Prioritize and optimize PDPs (product description pages) to provide helpful and meaningful content for shoppers. Leverage digital store or shop opportunities (Amazon, Instagram) and enhanced content options to create even more positive and user-friendly experiences for shoppers.
  • 21. 21 Sustaining brand health Communicating & reinforcing your brand promise Connecting with consumers wherever they are in the funnel Use ecommerce as a tool for:
  • 23. Brands recognize the risks of overreliance on ROAS 23 If companies aren’t careful, they are going to ROAS themselves into a corner. Kristina Smith, Vice President, Digital Marketing, The Riveter ROAS is a very crude and very incomplete data point. We look at it, we measure it, we monitor it because it is an easy number to calculate, but it can be highly misleading. Steve Kinsey, Director of Commerce Marketing, GSK Source: Catalyst & Kantar Original Research – State of Ecommerce 2021: Navigating the New World of Omnichannel Commerce & Retail Media “ ” “ ”
  • 24. 24 A more robust and valuable understanding of performance Pursuit of upper funnel goals and brand health A long-term growth mindset Look at a combination of metrics to enable:
  • 26. 26 Brands want customization, agility, & efficiency 81% of marketers agree that they are focused on customized and personalized advertising across all channels 82% of marketers agree that budgeting is becoming more dynamic and real-time based on evolving customer behavior AI & automation help deliver on these needs, but not alone. Source: Catalyst & Xaxis Original Research - Closing the Gap: Adopting Omnichannel Strategies for Stronger Brand-Consumer Connections
  • 27. 27 Be purposeful. Don’t just use AI or automation for the sake of it. Explore the in’s and out’s. Don’t take it at face-value. Leverage expert human resources to constantly check-in & assess. Don’t set it and forget it. Approach AI & automation with strategy & rigor
  • 28. 28 Additional considerations Continue investing in tried-and-true platforms, slowly expand and test new offerings from established platforms. Be open but cautious with new platforms -- ensure they meet brand safety standards and fit your target audience. Don’t forget CREATIVE. Have a creative testing framework. New platforms will require new creative approaches, yet integrated.
  • 29. How to succeed in an omnicommerce future 29 1. Embrace a hybrid model Think beyond conversions Avoid the ROAS trap Strategically leverage automation 2. 3. 4.
  • 30. Tarik Mughisuddin Managing Partner, Managing Director Tarik.Mughisuddin@GroupM.com Catalyst Info@CatalystDigital.com CatalystDigital.com Catalyst & Kantar State of Ecommerce 2021 Research Catalystdigital.com/research/the-state-of-ecommerce-2021/ Catalyst & Xaxis Omnichannel Research Catalystdigital.com/research/closing-the-gap-omnichannel- research/ THANK YOU 30
  • 31. 31 Both research reports are available on our site: https://www.catalystdigital.com/research/the-state-of-ecommerce-2021/ https://www.catalystdigital.com/research/closing-the-gap-omnichannel-research/ THANK YOU FOR ATTENDING QUESTIONS? Email us at info@catalystdigital.com