The Messaging-as-a-Platform Opportunity Driving ......The "Messaging-as-a-Platform" Opportunity...

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The "Messaging-as-a-Platform" Opportunity Driving Conversational Commerce for Brands Jeff Michaud VP Client Strategy, 3Cinteractive [email protected]

Transcript of The Messaging-as-a-Platform Opportunity Driving ......The "Messaging-as-a-Platform" Opportunity...

Page 1: The Messaging-as-a-Platform Opportunity Driving ......The "Messaging-as-a-Platform" Opportunity —Driving Conversational Commerce for Brands Jeff Michaud VP Client Strategy, ... messaging

The "Messaging-as-a-Platform"

Opportunity — Driving Conversational

Commerce for Brands

Jeff MichaudVP Client Strategy,

3Cinteractive

[email protected]

Page 2: The Messaging-as-a-Platform Opportunity Driving ......The "Messaging-as-a-Platform" Opportunity —Driving Conversational Commerce for Brands Jeff Michaud VP Client Strategy, ... messaging
Page 3: The Messaging-as-a-Platform Opportunity Driving ......The "Messaging-as-a-Platform" Opportunity —Driving Conversational Commerce for Brands Jeff Michaud VP Client Strategy, ... messaging

What is Conversational Commerce?

Utilizing chat, messaging, or other

natural language interfaces (i.e. voice)

to interact with people, brands,

or services and bots

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Source: http://www.ekathimerini.com/resources/2016-07/mobile_web-thumb-large.jpg

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Gen Z makes up over one

quarter (26%) of the U.S.

population with $44B in annual

spending power.

• “Generation Z: New insights into the mobile-First mindset of teens.” Google, Dec. 2016.

• Schroeder, Jules. “How To Tap Into The Millennial $200 Billion Buying Power With Social Media.” Forbes, Forbes Magazine, 1 Nov. 2017,

www.forbes.com/sites/julesschroeder/2017/10/31/how-to-tap-into-the-millennial-200-billion-buying-power-with-social-media/#40c4e06b1161.

Millennials now lead the

way with $200B in annual

spending power.

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More than half (52%) of 13-

17 year-olds say they spend

3 or more hours a day using

messaging apps.

• “Generation Z: New insights into the mobile-First mindset of teens.” Google, Dec. 2016.

• “Survey: Millennials, Gen Z Adults Prefer Texting Over Talking In Person.” Study Finds, 18 Oct. 2017, www.studyfinds.org/millennials-gen-z-communicate-texting/.

7 in 10 millennials and Gen Z

prefer to communicate by text

message than in person.

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53% of teens age 13 to 17

mostly use smartphones to

make purchases online.

90% of shoppers said they

use their smartphones in

stores while shopping.

• “Generation Z: New insights into the mobile-First mindset of teens.” Google, Dec. 2016.

• “Survey: 90 Percent Of Retail Shoppers Use Smartphones In Stores.” Marketing Land, 23 July 2015, marketingland.com/survey-90-percent-of-retail-

shoppers-use-smartphones-in-stores-135759.

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Mobile shopping revenue for

November & December grew 28%

over 2016 to almost $36B.

Adobe: Online holiday revenues hit record high amid surging mobile growth.” Chain Store Age, 16 Jan. 2018,

www.chainstoreage.com/technology/adobe-online-holiday-revenues-hit-record-high-amid-surging-mobile-growth/.

Mobile shopping represented

33% of all online revenue

during the holiday season.

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“Chat is going to be the next great

operating system. Apps will come to be

thought of as the new browsers; bots

will be the new websites. This is the

beginning of a new internet.”

—Ted Livingston, CEO, Kik

Livingston, Ted. “The Future of Chat Isn't AI.” Medium, 1 Mar. 2016, medium.com/@tedlivingston/the-future-of-

chat-isn-t-ai-b07f65bc252.

Messaging as a Platform (MaaP)

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SMS WhatsApp FB Messenger QQ Mobile WeChat

Messaging Apps by Monthly Active Users (Millions)

3500

1000 1000 887 846

“Message Wars 2.” OnDevice. 2015.

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Over 90% of SMS users

remain active after 90 days1

The average app loses 77% of

its users in the first 3 days

and 95% after 90 days2

1. Data from average 3C client opt-out rates

2. Bolton, David. "The Average App Loses 77% Of Its Users..." Web. 3 Nov. 2016.

Native App vs SMS User Retention

(Days)

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Today’s Experience with SMS

Tomorrow’s Experience with RCS

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Jeff Michaud

[email protected]

+1 561 289 9834

THANK YOU!