Keynote presentation to GSMI's Mobile Strategies Summit in Chicago - April 10/11 2013. Overview of key trends driving mobile explosion and how marketers are looking at Big Data.
19. Activity sparkline will show product
views on the site as they happen
Aggregate counts of
key measures during
Flyout will show
time window
top 5 products
across all
categories until a
category is
selected – then it
will show top 5
products for the
Average lines will show what selected category
products have above average (including product
interest (views and conversion) views, cart add,
orders, and
conversion rate)
Actual images of
Scatterplot will show popularity of product
products purchased
categories by % of views and % of orders – the size
will be pulled in as
of the bubble will be based on conversion rate
orders complete
Zoomable map will show where Device stream will show Source stream will show
activity is coming from as it happens what percent of traffic activity as it happens and
and density of activity with heatmap comes from various devices distribution for time window
Well first, it’s all about EFFECTIVENESS … Look at how mobile outperforms traditional online media in a wide variety of key measures .. It’s 5x more effective from an awareness standpoint. It’s nearly 5x more effective in creating purchase intent. And it is nearly 4x more effective at creating favorable impressions of the brand!
Today about 40% of all US wireless subscribers are mobile web users … that’s expected to be half of all users by 2013 and 60% by 2015 The blue bar represents entire US population … Today, we are at around 92% wireless penetration which exceeds cable TV to homes, broadband penetration and a host of other mainstream channels. Note as well that 1 in 4 US consumers has dropped their landlines and mobile is their only phone connection to the world and this trend is accelerating Based on what’s happening today, there figures might be conservative and like the Meeker slide earlier … you could expect to see 2015’s projections hit by 2013
Photo courtesy of sachyn (http://www.sxc.hu/photo/1072645)
Optimization is the process of understanding customer value and visitor intent to deliver relevant experiences that drive revenue and build relationships. Increase sales and revenue Opportunities Conversion rates (%) Order value Build trust and better relationships Customer satisfaction Loyalty and advocacy Travel KLM/Air France: · 7.8% lift in bookings · 14.2% more visitors to the Booking Details page · Estimated increase of $3.65 million per year Alitalia: 7.09% lift in bookings Hotels4U: 5.52% lift in bookings 22% lift in visitors viewing hotel pages on mobile devices 61% increase in hotel searches within the Hotels4U mobile site Retail Urban Outfitters · 5.5% lift in the UK, 7% lift in Germany, 17% lift in France · Estimated revenue increase of +£350K per year AllSaints Spitalfields 6.75% revenue lift in the US; 4% lift in the UK Motorcycle Superstore $2.5 million in additional revenue per year 4.1% lift in tablet conversion Financial Services Nationwide Increased funnel entry by 20% Barclays 26.32% lift in completed applications 38.42% lift in click through rate Lloyds 60% lift in completing account applications
Optimization is the process of understanding customer value and visitor intent to deliver relevant experiences that drive revenue and build relationships. Increase sales and revenue Opportunities Conversion rates (%) Order value Build trust and better relationships Customer satisfaction Loyalty and advocacy Travel KLM/Air France: · 7.8% lift in bookings · 14.2% more visitors to the Booking Details page · Estimated increase of $3.65 million per year Alitalia: 7.09% lift in bookings Hotels4U: 5.52% lift in bookings 22% lift in visitors viewing hotel pages on mobile devices 61% increase in hotel searches within the Hotels4U mobile site Retail Urban Outfitters · 5.5% lift in the UK, 7% lift in Germany, 17% lift in France · Estimated revenue increase of +£350K per year AllSaints Spitalfields 6.75% revenue lift in the US; 4% lift in the UK Motorcycle Superstore $2.5 million in additional revenue per year 4.1% lift in tablet conversion Financial Services Nationwide Increased funnel entry by 20% Barclays 26.32% lift in completed applications 38.42% lift in click through rate Lloyds 60% lift in completing account applications
Focus on critical measures: First understand mobile traffic to site.
as in the Waze example we just saw, the day in which that data represents true currency is rapidly approaching.