The value and impact of cross channel (ROPO)

15
Ida Gøtzsche Digital Business Development Manager Copenhagen Airports A/S ROPO How to Measure the Effect of Cross Channel

Transcript of The value and impact of cross channel (ROPO)

Page 1: The value and impact of cross channel (ROPO)

Ida Gøtzsche Digital Business Development Manager Copenhagen Airports A/S

ROPO How to Measure the Effect of Cross Channel

Page 2: The value and impact of cross channel (ROPO)
Page 3: The value and impact of cross channel (ROPO)

Even in Romania…

Page 4: The value and impact of cross channel (ROPO)

Many Companies are Aware of this…

Cross Channel has become

the number one BUZZ WORD

Page 5: The value and impact of cross channel (ROPO)

But Cross Channel often means SEPERATE channels

Different budgets & different strategies Management does not fully understand

the essence of Cross Channel Numbers matter (conversions, basket

sizes, sales, etc.) The relation between platforms is

intangible

The INTAGIBLE needs to become TANGIBLE to get a complete Cross Channel focus.

Page 6: The value and impact of cross channel (ROPO)

What is ROPO?

Page 7: The value and impact of cross channel (ROPO)

ROPO is Constantly Growing…

But what is the value for your business?

Page 8: The value and impact of cross channel (ROPO)

Mixed Method Research Method

Page 9: The value and impact of cross channel (ROPO)

Results of ROPO

Page 10: The value and impact of cross channel (ROPO)

Results of ROPO

Customers planning purchases in the TAX FREE store on TAXFREE.dk

Customers purchasing at TAXFREE.dk

Page 11: The value and impact of cross channel (ROPO)

In Other Words…

60% of all customers visiting TAXFREE.dk purchase EXTRA in the offline store

The average upsell amongst researchers is higher than the intended spend

The average basket size is more than double for customers visiting TAXFREE.dk prior to the TAX FREE store at the Airport compared to our regular offline customers.

• 62% would purchase TAX FREE despite of the online webshop • 28% would purchase the same amount online as offline • 10% would NOT purchase anything if we offered no online webshop

= 62% Cannibalization ?

Not quite…

Page 12: The value and impact of cross channel (ROPO)

WHAT IT MEANS TO MY DAILY WORK?

Page 13: The value and impact of cross channel (ROPO)

Paradigm Shift in Value Chain

13

LOUNGE & RECREATION

GATE & BOARDING

INFLIGHT TRANSFER & ARRIVAL

HOME TRANSPORT & EVALUATION

SHOPPING/F&B

PASSENGERS

TRAVEL CHOICE BOOKING TRANSPORT &

ARRIVAL CHECK-IN &

LUGGAGE SECURITY

MARKET/

TRAVEL OFFERS

Now…

LOUNGE & RECREATION

GATE & BOARDING

INFLIGHT TRANSFER & ARRIVAL

HOME TRANSPORT & EVALUATION

SHOPPING/F&B

Before…

Possible to Tap in to Complete Value Chain…

Page 14: The value and impact of cross channel (ROPO)

Key Take Aways

• Measuring ROPO is the best argument for a online focus! • Low conversion rates does not equal lack of succes

Look at your website data (page views, behavior patterns, abandoned baskets, etc.)!

Successful Cross Channel • Online/offline MUST be closely nit together • Your website should accommodate both Shoppers and

Researchers • Your customers should find the same assortment. …And the same prices! • You may vary campaigns online and offline to tricker to favorize

a particular platform. …but expect a shit storm

• Get to know your customers, ask them what they want, and give it to them! (They don’t always know, but listen anyways – they want to engage with you).

Page 15: The value and impact of cross channel (ROPO)

15