32
THE FUTURE IS NOW Big Data & E-Commerce Copyright © 2014 The Big Data Group, LLC. and Content Analytics, Inc. All Rights Reserved.

Big Data and E-Commerce

Embed Size (px)

Citation preview

Page 1: Big Data and E-Commerce

THE FUTURE IS NOW

Big Data & E-Commerce

Copyright © 2014 The Big Data Group, LLC. and Content Analytics, Inc. All Rights Reserved.

Page 2: Big Data and E-Commerce

Managing Partner, The Big Data Group Author of Big Data Demystified Producer of The Big Data Landscape

Serial Entrepreneur

Acquisitions by Keynote, HP, and EMC • Bootstrapped and venture-backed Author of Why

Startups Fail: And How Yours Can Succeed

General Partner Mohr Davidow Ventures

Group Program Manager Microsoft

INTRODUCTION

Actionable Insights From Big Data 2

Page 3: Big Data and E-Commerce

I Started Out As a Big Data Nerd

Microsoft, Redmond WA 1991

Actionable Insights From Big Data 3

Page 4: Big Data and E-Commerce

Times Have Really Changed…

Actionable Insights From Big Data 4

Page 5: Big Data and E-Commerce

But Along The Way I Learned A Few Things

Actionable Insights From Big Data 5

Page 6: Big Data and E-Commerce

The Big Data Landscape

Copyright © 2012-2014 The Big Data Group, LLC. All Rights Reserved.

Page 7: Big Data and E-Commerce

Apps

Infrastructure

Technologies

THE BIG DATA LANDSCAPE, DEC. 2014

Actionable Insights From Big Data 7

Vertical Consumer BusinessIntelligence

Analytics & Visualization

Operational IntelligenceAd/Media

Data As A Service

Analytics Operational As A Service Structured DB

Page 8: Big Data and E-Commerce

BIG DATA CHALLENGES & OPPORTUNITIES

64%of companies planned

to fund a Big Data Project in 2013 with more

than $1M

GOOD INTENTIONS:

[Gartner 2012]

85%of the Fortune 500 still

won’t be able to use Big Data for competitive

advantage in 2015

REALITY:

[Gartner 2012]

35%Shortfall in data-savvy

workers needed to make sense out of

Big Data by 2018

PEOPLE:

[McKinsey 2011]

Actionable Insights From Big Data 8

Page 9: Big Data and E-Commerce

BIG DATA IS GROWING AT 40% ANNUALLY

Data is growing at a 40 percent compound annual rate, reaching nearly 45ZB by 2020

0

5

10

15

20

25

30

35

40

45

50

2008 2008 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Source: Oracle, 2012

Data in Zettabytes (ZB)

Actionable Insights From Big Data 9

Page 10: Big Data and E-Commerce

E-COMMERCE & BIG DATA

Business-to-consumer E-Commerce sales will reach $1.5 trillion this year — eMarketer

“Finally, after a decade of transformational impact on other sectors of the economy,the new frontier of e-commerce has come to food. Ready or not, our industry must do a much better job of leveraging this channel.”— Denise Morrison, Campbell Soup CEO

“Companies that fail to adopt ecommerce strategies risk stagnation, loss of share…”— Ad Age, 2014

Actionable Insights From Big Data 10

Page 11: Big Data and E-Commerce

Big Data Industry Transformation

Page 12: Big Data and E-Commerce

TRANSFORMATION OF RETAIL

NOW…

Data-driven pricing and recommendations

THEN…

Sales

Image: webdesignerdepot.com

Actionable Insights From Big Data 12

Page 13: Big Data and E-Commerce

TRANSFORMATION OF FINANCIAL SERVICES

NOW…

Automated, high frequency trading

THEN…

Manual Trading

Actionable Insights From Big Data 13

Page 14: Big Data and E-Commerce

TRANSFORMATION OF CUSTOMER SERVICE

NOW…

Customer Insight

Chart: Zendesk

Actionable Insights From Big Data 14

THEN…

Unhappy Customers

Page 15: Big Data and E-Commerce

TRANSFORMATION OF ONLINE MARKETING

THEN…

Leads

NOW…

Marketing & Sales Recommendations

Company First Last Oppty Created

Acme Fred Langan $250K 6/08/12

BigCo Tom Jones $100K 6/17/12

DealCo Jan Sedor $50K 7/01/12

Stor Works

Liza Grear $750K 7/14/12

RF Group Carl Tomer $47K 7/18/12

Actionable Insights From Big Data 15

CampaignRecommendation

Page 16: Big Data and E-Commerce

TRANSFORMATION OF CITIES

NOW…

Smart meters, smart transport, data-driven

city design

THEN…

Traditional Infrastructure

Actionable Insights From Big Data 16

Page 17: Big Data and E-Commerce

TRANSFORMATION OF HEALTH & FITNESS

THEN…

Manual Tracking

Walk 45 minutes Smoothie Lift weights 20 minutes

NOW…

Goals & Measurement

Images: Azumio, DrChrono, Fitbit, Garmin, Nike

Actionable Insights From Big Data 17

Page 18: Big Data and E-Commerce

TRANSFORMATION OF EDUCATION

NOW…

Adaptive Learning

THEN…

Linear Learning

Images: Khan Academy,Knewton, Michigan

Actionable Insights From Big Data 18

Page 19: Big Data and E-Commerce

Big Data & E-Commerce

Page 20: Big Data and E-Commerce

E-COMMERCE IS BIG DATA

abercrombie.com ae.com  aeropostale.com  Ah.nl

Amazon.com amazon.ca Amazon.cn amazon.co.jp Amazon.co.uk Amazon.fr amazonfresh.com argos.co.uk Auchandirect.fr Auchandrive.fr BabiesRUs.com bargain-outlets.com barnesandnoble.com  bedbathandbeyond.com bestbuy.com bigbasket.com biglots.com Bitikla.com bodybuilding.com Bol.com bonton.com boots.com canadiantire.ca

carrefour.com.tr

homedepot.com Intermarche.com jabong.com jcpenney.com Jd.com johnlewis.com kenkokenko.com Kmart.com kohls.com Kruidvat.nl lazadolazada.com.ph Leclercdrive.fr  Lefeng.cn lidl.com llbean.com locaholohaco.jp londondrugs.com lowes.com macys.com meijer.com  Mescoursescasino.fr  michaels.com morrisons.com myntra.com ocado.com oldnavy.com

Tmall.com Tops.com toysrus.com Trolley.ae

tudespensa.com ulabox.com verabradley.com victoriassecret.com victoriassecret.com/pink vitadepot.com vitaminshoppe.com vitaminworld.com waitrose.com walgreens.com

Walmart.com walmart.ca Walmart.com.br Wegmans.com  Wehkamp.nl well.ca Woolworthsonline.com.au yankeecandle.com Yihaodian.com zalora.com.ph

oldnavy.caom Onofre.com.br Ooshop.fr

overstock.com ozon.ru Paodeacucar.com.br peapod.com petco.com petsmart.com pgestore.com rakuten24.rakuten.co.jp Redbaby.suning.com Riteaid.com

safeway.com Sainsburys.co.uk sainsburys.com sallybeauty.com

samsclub.com Sanalmarket.com sears.com shop.hobbylobby.com shoprite.com soap.com Souq.com statelinetack.com Suning.com

target.com

carrefour.es Carrefourdrive.fr Carrefouruae.com chronodrive.fr Colesonline.com.au Coradrive.fr

Costco.com Coursesu.fr crs-online.ca

cvs.com Dangdang.com diapers.com dickssportinggoods.com dollargeneral.com dollartree.com drugstore.com Extra.com.br flipkart.com  freshdirect.com gandermountain.com gap.com Geantonline.ae gnc.com

google.com/shopping hepsiburada.com hollister.com

*Major retailers highlighted.

Actionable Insights From Big Data 20

Page 21: Big Data and E-Commerce

Actionable Insights From Big Data 21

IDENTIFY, OPTIMIZE & IMPROVE

Page 22: Big Data and E-Commerce

CONTENT ANALYTICS OVERVIEW

• Trusted by many of the world’s largest brands and retailers

• $5.5M in venture capital funding from Almaz Capital and Dunnhumby Ventures

• Global presence

• Web-based E-Commerce analytics offering

Actionable Insights From Big Data 22

Page 23: Big Data and E-Commerce

CASE STUDY: MAJOR RETAILER

Actionable Insights From Big Data 23

Business case: • Find and monitor products that have under-

optimized product content across a 4M+ SKU site • Recommend products that can be improved and

specific actions to take • Perform baseline evaluation and report on progress

over time

Results: • Increased traffic/sales for optimized product pages • Better customer purchase experience • Increased collaboration with suppliers

Page 24: Big Data and E-Commerce

CASE STUDY: GLOBAL BRAND

Actionable Insights From Big Data 24

Business case: • Find and monitor products that have under-optimized

product content across multiple E-Commerce sites • Recommend products that can be improved and specific

actions to take • Receive notification of competitor price changes and out

of stock products so brand can adjust pricing and ensure products are in stock

Results: • Identified specific opportunities for improvement • Able to adjust pricing & product availability based on alerts • Increased collaboration with retailers

Page 25: Big Data and E-Commerce

RANKINGS SCORECARD

See how your products rank across e-commerce sites.

INSIGHTFUL & ACTIONABLE ALERTS SENT DIRECTLY TO YOUR TEAM’S INBOX.

Receive Email AlertsDaily, Weekly, or Monthly direct to your inbox to track rankings over time.

Actionable Insights From Big Data 25

Page 26: Big Data and E-Commerce

PRICE CHECK

See how you stack up against the competition.

Compare pricing across retailers with ease!

INSIGHTFUL & ACTIONABLE ALERTS SENT DIRECTLY TO YOUR TEAM’S INBOX.

Actionable Insights From Big Data 26

Page 27: Big Data and E-Commerce

RATING & REVIEW ALERTS

Content Analytics lets you know when your products receive negative alerts so that you can reach out to consumers in a timely way.

INSIGHTFUL & ACTIONABLE ALERTS SENT DIRECTLY TO YOUR TEAM’S INBOX.

Actionable Insights From Big Data 27

Page 28: Big Data and E-Commerce

OUT OF STOCK ALERTS

Content Analytics prevents loss of revenue by sending you daily alerts.

Knowing when your products are unavailable for purchase is crucial to rankings and sales.

INSIGHTFUL & ACTIONABLE ALERTS SENT DIRECTLY TO YOUR TEAM’S INBOX.

Actionable Insights From Big Data 28

Page 29: Big Data and E-Commerce

SUCCESS THROUGH OPTIMIZATION

1. Product Title Does it contain relevant keywords?

2. Product DescriptionIs it platform customized?

3. ImagesHow many should eachproduct have?

4. VideosWhat can video do for ranking?

5. ReviewsAre customers reviewing after purchase?

6. PricingAre they competitive?

Actionable Insights From Big Data 29

Page 30: Big Data and E-Commerce

CONTENT HEALTH

Identify which products need attention.

Content Analytics provides dynamic relevant dashboard reporting on all aspects, allowing retailers, brands, and agencies to make impactful optimizations.

Actionable Insights From Big Data 30

Page 31: Big Data and E-Commerce

PILOT PROGRAM OVERVIEW

Enterprise level analytics tools for optimizing product content, keyword relevance & rankings in global e-commerce.

TRUSTED BY MANY OF THE WORLD’S LARGEST BRANDS & RETAILERS

What’s Included…Up to 10 products / Up to 10 competitor products / Up to 10 retail sites

Actionable Insights From Big Data 31

Page 32: Big Data and E-Commerce

Thanks for your time.LETS TALK. [email protected] | (415) 754-9338