Download - RAI - Octane Report 2014

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Page 1: RAI - Octane Report 2014

All Rights Reserved © 2014 :: Octane Marketing Pvt. Ltd.

Punit ModhgilFounder DirectorOctane.in

@modhgil

#ReTechCon14@octanein

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Disruptive Forces: India Retail

• Data

• Devices

• Digital

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Targeted?

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All Rights Reserved © 2014 :: Octane Marketing Pvt. Ltd.

Research Participants: 80 retailers, industry heavyweights to ambitious start-ups. Our research team analysed feedback received from CXOs, Directors, Presidents & Vice-Presidents, Business Heads and Marketing Managers. Reporting metrics were also analyzed for the 900 million plus emails that go through the Octane platform per month

India Retail e-Marketing Study 2014

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All Rights Reserved © 2014 :: Octane Marketing Pvt. Ltd.

Type of Retailers: 69% of our respondents being multi-brand retailers and the remaining 31% representing single brand operations

India Retail e-Marketing Study 2014

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All Rights Reserved © 2014 :: Octane Marketing Pvt. Ltd.

Primary Marketing Goals for Retailers: 55% of marketers voted Customer Acquisition as primary goal, whereas with the rising competition in the retail market and some consolidation, 26% of marketers voted for Brand Awareness

India Retail e-Marketing Study 2014

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All Rights Reserved © 2014 :: Octane Marketing Pvt. Ltd.

India Retail e-Marketing Study 2014

Importance of Email Marketing: 67% marketer said they use the channel of Email Marketing and think it important for their ROI and Customer Engagement. 21% know the importance of email in their marketing cycle and would start engaging with this channel

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All Rights Reserved © 2014 :: Octane Marketing Pvt. Ltd.

India Retail e-Marketing Study 2014

Importance of Mobile Devices: 67% respondents saying that mobile devices are important for their marketing plans. 21% said that they use it, however it’s not focused and 12% haven’t yet updated their marketing activities according to mobile platform

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Cart Abandonment Program: 11% of the retailers have implemented the cart abandonment program, while 57% of the retailers don’t have any cart abandonment program and 16% of the retailers said that they plan to use this in the near future

India Retail e-Marketing Study 2014

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Using Technology for Marketing

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Online Marketing Initiatives go Social

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Importance of Email Marketing continues

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Print gains momentum in Offline

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Improving Consumer Engagement

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Improving Consumer Engagement

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e-Marketing’s contribution to Revenue

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How to get the best out of

#EmailMarketing in 2014

• User controlled, Content led

• 100% Opt-in

• TransPromo

• Progressive Profiling & Personalization

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How to get the best out of

#EmailMarketing in 2014

• ‘Send’ is 1/3rd of the project

• Programmatic & Not Ad hoc

– Automated triggers

– Part of CRM and not standalone

– Welcome program, Cart Abandonment program, WinBack program, Predictive

• Responsive, responsive, responsive

• Measure, test, measure, test-> A, B, C…

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Thank you and let’s continue our conversation…

#ReTechCon14@octanein

octane.in/research