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KEY TRENDS FOR 2016: RISE OF CONSUMERS RESEARCHING ONLINE & BUYING OFFLINE (ROBO) OLAV BUS HEAD OF PRODUCT MARKETING, EMEA @OLAVBUS

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Page 1: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

KEY TRENDS FOR 2016: RISE OF CONSUMERS RESEARCHING ONLINE & BUYING OFFLINE

(ROBO)

OLAV BUS

HEAD OF PRODUCT MARKETING, EMEA@OLAVBUS

Page 2: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 1

ROBO: [ro boh]Research online, buy offline is a trend in buying behavior where customers seek reviews to qualify their buying decision, before they actually decide to purchase in-store

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 2

Consumers have unlimited information at their fingertips

82%of shoppers say theyconsult their phonesfor a purchase they’re about to make in-store

36%of our product page

views are being pulled on a mobile device

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 3

Page 5: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 4

Read Reviews Online Buy Offline

A reverse in the showrooming trend

Read Reviews Online Buy Online

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 5

Page 7: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 6

Page 8: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 7

Page 9: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2015 Bazaarvoice, Inc. 8

Page 10: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 9

?

…Explore

Purchase

Engage

Discover

Consumers want trusted content at every touch point

Marketing must adapt

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 10

Bazaarvoice Study: CGC Usage for Online & In-Store Purchases

We’ve partnered with 20+ of the world’s leading retailers to research

consumer behavior across 100’s of brands and categories to understand how

often shoppers seek CGC before buying online or in-store.

NA, APAC & EMEA participating retailers

2,200,000+Data points

Page 12: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 11

Page 13: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 12

Page 14: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 13

?

…Explore

Purchase

Engage

Discover

Consumers want trusted content at every touch point

Marketing must adapt

Page 15: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 14

Guiding consumers from consideration to purchase

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 15

1 8 20 40 60 80 100 120 140 160 180 200 220 240 260 280 300 320 340+Range: 1+ reviews

Increase in conversion is

sharpest during

early stages of volume

growth.

Range: 8+ reviews

Businesses begin to see

significant gains in natural

search traffic.

Range: 100+ reviews

Trends in feedback reveal product suggestions and sentiment insights.

| | | | | | | | | | | | | | | | | | |

Product insights

100

SEO

8

Conversion

1

Higher volume of content drives sales

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 16

IN WHAT PLACES DO YOU USE CGC, BESIDES YOUR COMPANY’S WEBSITE?

SOURCE: 2015 BAZAARVOICE CLIENT PERSPECTIVES

A healthy volume of CGC provides brands and retailers with a unique opportunity to harvest consumerstories from CGC to emphasize product selling points or attributes well beyond their digital footprint.

Page 18: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 17

Get more reach from trusted content

PDP

CATEGORY

WEB

OFFLINE

Page 19: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 18

In Practice: Grocery

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 19

Brick & Mortar $917 Billion

eCommerce$4.6 Billion

0.5% of sales

Reflective of digital influence on initial trial and resulting purchase recurrence

eCommerce$4.6 Billion

Brick & Mortar$349 Billion

Total Influenced$353.6 Billion

38%of new grocery purchases start

with online research

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 19

Online sales are only the tip of the iceberg

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 20

Loved by YouOn-line, Homepage & Landing Page

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Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 21

Loved by You: E-mail

Page 23: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 22

Loved by You: In-store

Page 24: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

Confidential and Proprietary. © 2016 Bazaarvoice, Inc. 23

Loved by You: Publications

Page 25: KEY TRENDS FOR 2016 - go.clavisinsight.comgo.clavisinsight.com/rs/573-RCS-461/images/ROBO Shop Rise of Con… · key trends for 2016: rise of consumers researching online & buying

THANK YOU!

[email protected]