Northwestern Kellogg MBA Presentation
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Transcript of Northwestern Kellogg MBA Presentation
![Page 1: Northwestern Kellogg MBA Presentation](https://reader035.fdocuments.us/reader035/viewer/2022062303/558561c4d8b42a970b8b4b97/html5/thumbnails/1.jpg)
Image, Brand & Content in eCommerce
ANDREW DANIEL VP ECOMMERCE CINMAR
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AGENDA
• Who I am
• Who is Cinmar
• We Are All Content Marketers
• Why Content is Important
• Who is combining content/commerce and still building brand
• What Frontgate & Grandin Road are doing in this space
• How is it performing
• Questions
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WHO AM I?Name: Andrew Daniel Current Employer: Cinmar (Frontgate/Grandin Road) Past Employers: Sears, WhittmanHart, AOL, Leo Burnett... Hobbies: Snowboarding, Mountain Biking, Music Personal: Married w/two kids at University of Iowa Yes that is me, I was in the U.S. Army NG for 6 Years !!
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WHO IS CINMAR
Cinmar is the parent company of Frontgate and Grandin Road Catalogs Which is in turn owned by Cornerstone Brands, which owns five additional titles Which is in turn owned by HSNi (Home Shopping Network, Inc)
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FOUNDED: 1991
WHO IS FRONTGATE
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FOUNDED: 2003
WHO IS GRANDIN ROAD
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WE ARE ALL CONTENT MARKETERS
• Competing for Eyeballs in a Fractured Landscape • Moved From Being “Brand Centric” to “Customer-Centric” • Omni-channel Marketing Requires Us To Rethink the One to
Many Model • Marketing is a Two Way Street - Our Customer’s Talk Back in
Real Time • Our Content Must Be Helpful
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WE ARE ALL CONTENT MARKETERS
“With more media channels for engagement, and greater consumer control over what they pay attention to, marketers have scrambled to make their content more captivating…”
PHIL JOHNSON FORBES
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WE ARE ALL CONTENT MARKETERS
“Smart brands will look at all customer-facing communications as content, and as opportunities to weave positive, emotional stories about their goodness: Business cards, office environments, registrations forms, comparison tools, job descriptions—everything can be content, and everything provides an opportunity for storytelling.” JOE MCCAMBLEY
THE WONDERFACTORY CREATOR OF THE FIRST BANNER AD
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WHY IS CONTENT IMPORTANT
• SEO
• BLOG = Better Listings On Google
• Engaging with your customer
• Building Loyalty, Building Brand
• You No Longer “Own” Your Brand, the Customer Does
• Voice In the Marketplace of Ideas
• If you're not putting out stories, you basically don't exist
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Successful Content Marketers
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BRAND
TRAFFIC: 2 MIL UNIQUES/MO SITE TRAFFIC UP 135% YOY
RED BULL
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BRAND
TRAFFIC: 700K UNIQUES/MO OVER 7,000 OTHER SITES LINK TO COKE
COCA-COLA
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BRAND
LAUNCHED IN 2005 BY CONDE NAST PUBLISHES PRINT MAGAZINE 4 TIMES/YR
DOMINO
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BRAND
PURCHASED HELICOPTER IN 2011 EMPLOYS 25 PERSON EDITORIAL TEAM
ONE KINGS LANE
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BRAND
LAUNCHED A SHOPPABLE PRINT MAGAZINE "AS OF TODAY, RETAILING ACTIVITY PAYS THE RENT," SAYS CEO MARK SEBBA, "BUT WE ARE A MEDIA COMPANY."
NET A PORTER
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BRAND
HIRED GQ EDITOR ANDY COMER REGULAR CONTRIBUTORS INCLUDE AUTHOR GAY TALESE; MICHAEL WILLIAMS, AND JOSHUA DAVID STEIN
GILT MANUAL
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BRAND
STARTED AS A FASHION SOCIAL SITE FOUNDER ALLISON BEAL’S LIFE IS CONTENT FOR THE SITE
STYLE SAINT
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BRAND
TWEETS HER OWN TWEETS TAKES ALL OF HER OWN INSTAGRAM PHOTOS
TORY BURCH
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What Are We Doing
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BRAND
40.7% YOY GROWTH SALES FROM SEO UP 125% YOY
OUTDOOR 2014
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BRAND
NO DETAIL TOO SMALL EVERGREEN CONTENT
OUTDOOR 2014
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BRAND
LOOKBOOK GENERATE $600K IN SALES LEVERAGING SOCIAL MEDIA CONTEST TO DRIVE TRAFFIC AND REVENUE
OUTDOOR 2014
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BRAND
$26K IN FIRST WEEK DEVELOPING FLASH SALE IPAD APP
UNCOMMON
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BRAND
OVER 150K VIDEO VIEWS $1.7M SALES POST VIDEO VIEWING
HALLOWEEN HAVEN
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INSIGHTS AND LEARNINGS
!Questions Senior Marketers Commonly Ask About Content !
• What characteristics of content used on eCommerce sites motivates click-through or conversion? Why?
• Personalized • Humorous • User Generated Content (UGC) • Social • Relevant
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INSIGHTS AND LEARNINGS
!Questions Senior Marketers Commonly Ask About Content !
• Are there a few guidelines you recommend vis-a-vis design of visual content on eCommerce sites? (e.g., size, content, color, etc.)? Why are these optimal? • Images, johnny don’t read • Big & Bold as is appropriate for your brand • Contextual images for promotion, i.e. using a scene, with models • Silo’s for search results for hard goods • On Model for Clothing
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INSIGHTS AND LEARNINGS
!Questions Senior Marketers Commonly Ask About Content !• What have you learned about the best way to structure product promotions on
eCommerce sites? Why are those the most effective? What doesn’t work well? • Where and how are display-style ads located on the eCommerce site effective at driving
sales? !
• On the Homepage and at the Vertical level • Keep them broad, never at the product level • Grab their attention visually on the left side of the promotion • Present the offer either to the right or just below • Drive them to click with a strong call to action in the lower right of the promotion • Keep it simple • Paradox of Choice
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WHAT’S RIGHT/WRONG?
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INSIGHTS AND LEARNINGS
!Questions Senior Marketers Commonly Ask About Content !
• How do you make decisions about allocating space to different types of content (product thumbnails, promotions, ads, backstories, general store info, etc.)? • 80/20 Rule • 80% Driving Business • 20% Driving Content • Sometimes if you do it well you can accomplish both with one piece
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INSIGHTS AND LEARNINGS
!Question for You !
• Who’s ATC Button’s Are These?
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Thank You!