A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
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Transcript of A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 1/27
A Comprehensive Guide to
INCREASE SOCIAL ROI This Holiday Season
Beretta, leading firearms manufacturer saw an increase of 15.29% in conversion rate, using
word-of-mouth promotions
Popular wine retailer, invino increases its sales conversion by 133% through social
engagement
15000+ genuine Facebook fans generate positive social ROI for leading canvas designer,
Fabness using ShopSocially’s Platform
Mom-focused ecommerce platform Plum District observed 34.9% increase in traffic using
social media
1
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 2/27
2
WANT TO GO SOCIAL THIS HOLIDAY SEASON?
“A Comprehensive Guide to Increase Social ROI This Holiday Season” is
THE solution to all your social commerce related questions. With Holiday Season at our
doorstep, it’s time for some REAL marketing.
Social is the obvious choice for majority of retailers to wield their promotion campaigns.
This e-book provides marketers with well thought-out methods to give thrust to your ROI
engine.
Popular mom-focused store Plum District, which was ranked amongst the top 100 sites for
women by Forbes in 2012 and 2013, gained a 34.9% sales conversion rate using social
media. Like Plum District, some more leading retail businesses share their success stories
through this compilation.
Hope you find this e-book insightful and interesting. Please do share your experience,
feedback or queries at [email protected]. We would love to hear from you!
INTRODUCTION
2ShopSocially
339 N. Bernardo Avenue, Suite #200
Mountain View, CA 94043
Web: http://shopsocially.com
Email: [email protected]
Phone: 650 701 7759
2
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 3/27
Mom-focused ecommerce platform
Plum District observed 34.9%
increase in traffic using social media
A Comprehensive Guide to Increase Social ROI This Holiday Season
3
1
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 4/27
5.57% website users converting into quality fans
20.5% of acquired fans becoming email subscribers
11.06% shoppers sharing their purchases online
High sales conversion rate of 34.9% seen for traffic
Originating out of social sharing of purchases
“ShopSocially platform is a
comprehensive social commerce
solution for our website.”
Jennifer NucklesCMO, Plum District
Mom-Focused Ecommerce Site:
www.PlumDistrict.com
OBJECTIVE:
Increase sales conversion using social media
Retailer Success Story
4
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 5/27
Plum District wanted to encourage their customers to share their purchases with their
friends on social network. By using Share-a-Purchase app on the post-checkout order
confirmation page, shoppers were offered a discount coupon of 25% OFF for their next
purchase to share their purchase. This post was shared via Facebook, Twitter and 1-1
messages.
These created valuable social testimonials and brought in friend referral traffic. Thus,Plum District could leverage every purchase and turn that into a potential referral
through social sharing of purchases.
11.06% shoppers shared their purchases
High sales conversion rate of 34.9% seen for traffic originating out of
social sharing of purchases
OBJECTIVE : Enable Social Sharing of Purchases
METHODOLOGY:
RESULTS:
Retailer Success Story
5
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 6/27
Plum District being a daily offers site, qualified Facebook following meant larger reach
for their daily deal and hence driving higher conversions. To achieve this, Plum District
employed the fan acquisition app Get-a-Fan. A 10% coupon was offered for converting
to a Facebook fan.
Visitors could like the Plum District Facebook page without ever leaving the Plum
District site, and received coupon in-line on the website itself.
5.57% visitors converted into qualified fans
High sales conversion rate of 26.64% for qualified fans
20.5% fans also become email subscribers
OBJECTIVE : Acquire qualified Facebook fans
METHODOLOGY:
RESULTS
Retailer Success Story
6
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 7/27
Plum District wanted to showcase the deals which are being shared and talked about
on social networks like Facebook. Using the Product Stories app of ShopSocially, Plum
District accumulated the social conversations around their deals and highlighted them
on their Facebook page as ‘Trending Deals’.
This creates social proofs for the deals and increases user engagement and drives
conversions.
1000s of fantastic social testimonials each month
Increase in customer engagement & conversion rate
OBJECTIVE : Show Socially ‘Trending Deals’
METHODOLOGY:
RESULTS
Retailer Success Story
7
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 8/27
Plum District wanted to display social testimonials created by social sharing of
purchases on the individual deals pages. Using the Product Stories API, Plum District
extracted the social testimonials being shared on Facebook and showcased them
programmatically on individual product pages.
This creates social proofs for the deals and increases user engagement and drives
conversions. It also helps improve SEO rank of product pages..
Social proofs increases user-engagement and drives conversions
Helps improve SEO rank
OBJECTIVE : Show social proofs for the deals
METHODOLOGY:
RESULTS:
Retailer Success Story
8
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 9/27
Plum District wanted to generate deep social insights into their target audience. By
enabling Social Connect app and through social purchase sharing, Plum District
incentivized their users to connect with their brand on Facebook. This resulted in
collection of rich social profile data of Plum District users with detailed information
like birthday, gender, location, interests, number of friends, friend birthdays and friend
interests.
Increase in customer loyalty
Targeted offers based on visit data + social data
OBJECTIVE : Generate Social Insights and improve targeting
METHODOLOGY:
RESULTS:
ShopSocially
339 N. Bernardo Avenue, Suite #200
Mountain View, CA 94043
Retailer Success Story
9Web: http://shopsocially.com
Email: [email protected]
Phone: 650 701 7759
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 10/27
10
Beretta, leading firearms
manufacturer saw an increase of
15.29% in conversion rate,using word-of-mouth promotions
A Comprehensive Guide to Increase Social ROI This Holiday Season
2
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 11/27
15.29% revenue uplift
$19.12 revenue per socially shared purchase
18,000+ quality Facebook fans added
14.12% fans became email subscribers
Deep insights into social persona of Beretta customers
“ShopSocially has allowed us to
harness the power of peer-to-peersocial conversation and influence to
promote our products, increasing
conversion and revenues for our
online properties.”
Matteo RecanatiniWeb and Social Media Manager, Beretta
Popular firearms manufacturer
with a wide range of firearms,
apparel and accessories for the
outdoor enthusiasts.
OBJECTIVE:Increase revenues using word-of-mouth promotions
Retailer Success Story
11
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 12/27
Beretta used ShopSocially's Get-a-Fan app to implement an incentivized Like-gate on
its site. A 10% coupon was offered to visitors who converted to a fan. Entire
interaction happened onsite and users never had to leave the website. Since users felt
they have 'earned' the coupon by doing a social action, they converted at a higher
rate. Users could also opt to become email subscribers when they mailed the coupon
to themselves.
18,000+ qualified Facebook fans acquired
14.12% fans became email subscribers
OBJECTIVE : Acquire qualified Facebook fans
METHODOLOGY:
RESULTS:
Retailer Success Story
12
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 13/27
Beretta being a data-driven site, wanted to precisely evaluate the impact of fan-
acquisition app. By using the in-built A/B testing feature of ShopSocially platform, it
split the website traffic into two buckets. Visitors in the bucket where app was shown
converted at a 15.29% higher rate, conclusively proving the revenue uplift for Beretta.
OBJECTIVE : A/B testing to evaluate revenue impact
METHODOLOGY:
15.29% increase in revenue using FB fan acquisition app
RESULTS:
15.29% Increase
Sales Conversion Rate
WithGet-a-Fan App
WithoutGet-a-Fan App
Retailer Success Story
13
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 14/27
Beretta captured the customer delight when they placed their orders by incentivizing
them for social sharing of purchases. This created digitized word-of-mouth promotion
on social media leading to a viral spread of Beretta brand. It also brought in quality
friend traffic which converted at a high rate.
As customers shared their purchases, they also connected with Beretta brand on
Facebook and shared their rich social profile allowing Beretta to generate deep
insights into social persona of their customers.
OBJECTIVE : Enable word-of-mouth recommendations
METHODOLOGY:
$19.15 revenue per socially shared purchase
14.19% sales conversion rate for friend referral traffic
Deep insights into social persona of Beretta customers
RESULTS:
Retailer Success Story
14
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 15/27
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 16/27
16
Popular wine retailer, invino increases
its sales conversion by 133% through
social engagement
A Comprehensive Guide to Increase Social ROI This Holiday Season
3
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 17/27
Overall sales conversion uplift of 133%
15.67% sales conversion rate for traffic originating from social
referrals
Referral traffic from socially shared purchases converting at a high
rate of 20.93%
Viral spread of invino brand
“ShopSocially’s social commerce appshelped invino drive valuable word-of-
mouth promotions resulting in a
marked increase in revenue growth.”
Tony WestfallCEO, invino
Original private sale shopping
community for wine lovers.
www.invino.com
OBJECTIVE:
Grow revenues through social engagement
Retailer Success Story
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 18/27
invino used ShopSocially's Refer-a-Friend app to incentivize website users to share
invino products on social media. A free bottle of wine was offered to visitors who liked
the offer. Entire interaction happened onsite and users never had to leave the website.
This app increased user-engagement causing a viral loop of referral friend traffic
converting at a high rate. It resulted in a word-of-mouth referral for invino and also
drove a SEO Rank uplift.
3% of visitors referred invino to its friends using Refer-a Friend
15.67% sales conversion rate for traffic originating from social
referrals
SEO Rank boost via social sharing actions and back-links
OBJECTIVE : Drive word-of-mouth virality for brand
METHODOLOGY:
RESULTS:
Retailer Success Story
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 19/27
invino wanted to precisely evaluate the impact of two different variations of a social
commerce campaign. By using ShopSocially’s in-built A/B test framework, invino
compared impact of two different incentives for a social product sharing campaign.
Visitors shown free bottle of wine incentive converted at a higher rate in comparison
to the $10 off on the first purchase offer.
OBJECTIVE : A/B test to evaluate campaign impact
METHODOLOGY:
A/B test measures precise business impact of social media campaign
to facilitate strategic decision-making
RESULTS:
Retailer Success Story
Campaign Incentive
Reach
Impact
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 20/27
Invino used ShopSocially’s Share-a-Purchase app to encourage invino shoppers to
brag about their wine purchases on various social networks. These social sharing of
purchases resulted in word-of-mouth promotions for invino. Customers got a
kickback when their friends made a purchase on invino, further increasing brand
loyalty among invino customers. This resulted in increase in sales conversion rate and
repeat purchases among invino customers.
As customers shared their purchases, they also connected with invino brand on
Facebook and shared their rich social profile allowing invino to generate deep insights
into social persona of their customers.
OBJECTIVE : Enable word-of-mouth recommendations
METHODOLOGY:
20.93% sales conversion rate for friend referral traffic
Deep insights into social persona of invino customers
RESULTS:
Retailer Success Story
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 21/27
invino used ShopSocially's Shopping Community app to capture all customer
testimonials generated through social sharing of purchases and displayed them on
website in form of a Pinterest-style live shopping feed. This enhanced user-
engagement, facilitated social discovery of products and increased AOV.
OBJECTIVE : Accumulate social testimonials
METHODOLOGY:
Increase in user-engagement & conversion rate
RESULTS:
Retailer Success Story
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 22/27
invino aggregated the social testimonials generated via social sharing of purchase and
showed them on product pages using ShopSocially’s Product Stories app. These social
testimonials acted as significant social proof and helped in increasing the engagement
on the site. This also resulted in uplift in sales conversion rate.
22% increases in sales conversion rate using product stories app
Increased user engagement on product page
Quality social media buzz showcased on product pages
RESULTS:
OBJECTIVE : Enable social proof to drive conversions
METHODOLOGY:
Retailer Success Story
ShopSocially
339 N. Bernardo Avenue, Suite #200
Mountain View, CA 94043
22Web: http://shopsocially.com
Email: [email protected]
Phone: 650 701 7759
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 23/27
23
15000+ genuine Facebook fans
generate positive social ROI for leading
canvas designer, Fabness usingShopSocially’s Platform
A Comprehensive Guide to Increase Social ROI This Holiday Season
4
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 24/27
15000+ genuine Facebook fans
33.28% sales conversion rate
1 out of 3 fans became email subscribers
Positive social media ROI for Fabness.com
Increasing Facebook fanbase is meaningful only if thefans acquired are real. High sales conversion rate of
33.28% is a testimony of quality of fans ShopSocially has
helped us acquire.”
Karen CorreyMarketing Manager at Fabness.com
OBJECTIVE:
Generate Positive Social ROI through Facebook Fans
Fabness USA is a leading site for
creating quality canvas prints using
photos.
Retailer Success Story
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 25/27
Fabness.com used ShopSocially's Get-a-Fan app to implement an incentivized Like-gate
on its site. This module allowed Fabness to reward the site visitors with a coupon for
becoming a fan. The coupon is delivered in-line to ensure that the users never leave
the site. Users also opted to become email subscribers when they mailed the coupon
to themselves.
15,000+ genuine Facebook fans acquired
1 out of 3 new fans also became qualified email subscribers
OBJECTIVE : Acquire genuine Facebook fans
METHODOLOGY:
RESULTS:
Retailer Success Story
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 26/27
Fabness.com users received a discount coupon on Liking Fabness brand on Facebook.
Users felt they 'earned' the discount coupon by doing a social action, and hence
valued the coupon highly and converted at a higher rate. This resulted in word-of-
mouth promotion of Fabness and increased sales conversion rate for Fabness.com,
leading to a position social ROI for their Facebook fanbase.
OBJECTIVE : Drive positive social ROI
METHODOLOGY:
33.28% sales conversion rate for the newly acquired fans
RESULTS:
Retailer Success Story
26ShopSocially
339 N. Bernardo Avenue, Suite #200
Mountain View, CA 94043
Web: http://shopsocially.com
Email: [email protected]
Phone: 650 701 7759
8/11/2019 A Comprehensive Guide to Increase Social ROI This Holiday Season. E-Book by ShopSocially
http://slidepdf.com/reader/full/a-comprehensive-guide-to-increase-social-roi-this-holiday-season-e-book-by 27/27
ShopSocially enables retailers to easily add a rich social
layer on their E-commerce site.
Fully customizable. Brand friendly. Highly effective
Intrigued? today!
© Copyright 2014 ShopSocially. All rights reserved. All trademarks and service marks are the properties of their respective owners