MarketLive Performance Index: Holiday sales growth accelerates, with help from social (yes, social!)

With the holiday shopping season entering the home stretch, merchants are on track to achieve solid sales growth. While much media hand-wringing ensued following smaller-than-anticipated increases in revenue on Thanksgiving weekend, results from the MarketLive Performance Index show that once off the starting block, merchants are seeing increased sales growth rates as the season progresses.

For the week that included “Green Monday,” Dec. 8, MarketLive merchants achieved a year-over-year revenue growth rate of 11.5% — especially impressive given that visits grew just 8.6%. With the conversion rate trailing last year’s by more than 5% and abandonment up 6.7%, the revenue growth is likely thanks to merchants holding the line on pricing — and, indeed, average order size for the week was up 4.6% year over year.

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Combined totals for the season to date follow the same trend, with revenue up 9.4% on increased visits of 13.5% and average order values averaging 4.1% higher than last year.

 

The increased average order size is especially impressive given the continuing downward price pressure exerted by the largest online mass merchants. The growth in average order value demonstrates that MarketLive merchants are presenting unique finds, relevant promotions for their target audience and stellar service that trump bargain-basement pricing.

In this light, the potential value of social media becomes clear, as it connects merchants with an audience predisposed to be receptive to their products and offers. Although overall, the percentage of visits and revenue directly attributable to social media remains small, a select group of MarketLive merchants have capitalized on the opportunity social media affords to drive a significant percentage of sales and visits from social networking sites.

For the season to date, the merchants with the 15 highest sales figures attributed to social media achieved average social media revenue gains of 212.31% and average social traffic gains of 210.12% year over year — significantly higher than the Index as a whole, which saw gains of 135.7% for social revenue and 113.1% for social traffic. Some individual sites among the top 15 are seeing more than 20% of their traffic and 10% of their revenues originating from social media.

greenmonday_socialanalysis

To maximize social impact in the remaining days of the holiday season — and in the year to come — merchants should:

Display an array of targeted discounts. Merchants can avoid decimating their margins by judiciously targeting discounts to focus on top gift categories, and then promote them socially using imagery that displays the full array of possibilities on offer. MarketLive merchant The Cartoon Network Shop employed this strategy for its extended Cyber Monday sale, offering an array of discounts on top items that were promoted via its Facebook page with a large image showing an assortment of products.

greenmonday_cartoonnetworkshop_social

Showcase social recommendations. Social media is a rich source of word-of-mouth recommendations, and merchants should capitalize on them by boosting visibility of endorsements and reviews. Developing last-minute campaigns focusing on top-reviewed products is one way to go, but merchants should also boost visibility within social media itself using the “share”, “retweet” and other like functions. MarketLive merchant Neutrogena actively retweets posts featuring product recommendations. Not all of them are gift-related — such as a post from BeautyBlitz promoting the opportunity to win makeup removal wipes, which “every girl needs … near her bed,” the post points out, especially during the busy holiday social season. Also retweeted by Neutrogena: mentions in major media outlets such as InStyle, whose feature on celebrity gift picks lends authority to the brand.

greenmonday_neutrogena_social

Watch for our final wrapup of holiday results after the New Year, along with 2015 trendwatching and more.

Performance Index: MarketLive merchants see strong Black Friday gains, with mobile leading the way

The numbers are in for Black Friday weekend, and amidst slumping overall sales eCommerce has once again proved a bright spot. Merchants in the MarketLive Performance Index achieved year-over-year revenue gains of 16.2% during the four-day Thanksgiving weekend.

That performance trumps the flat online sales growth reported by the National Retail Federation and the 9.48% gain reported by IBM. At the same time, the growth rate for Thanksgiving and Black Friday was slower than in previous years, suggesting that shoppers visiting MarketLive merchant sites weren’t immune to promotions fatigue — or perhaps they expect the near-constant drumbeat of specials to continue, and are holding out for even better deals.

“We coached our customers and cautioned the industry that pre-empting Black Friday with early discounts is not healthy,” said Ken Burke, MarketLive founder and CEO. “This year saw an unprecedented number of retailers ‘jumping the gun’ on holiday sales and discounts which drove pre-Thanksgiving sales.”

Mobile sales jumped by more than 50%, with close to 30% of revenues originating from a mobile device. MarketLive merchants saw fully half of their visits coming from mobile devices, raising the prospect of shoppers on the go using their devices purely for research versus purchasing, and thereby causing key metrics to slump. Cart abandonment rates did, indeed, increase over the holiday weekend compared with 2013. But conversion rates and average order size held steady or increased, suggesting that merchants have improved their mobile experiences to meet the increased potential for sales.

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The Index and industry results demonstrate that merchants will have to work hard for the remainder of the season if their offers are to stand from the crowd of promotions. Among the tactics to consider:

  • Go for quality vs. quantity with email. As we discussed in one of our recent holiday tips, merchants should aim for maximum relevance when designing email campaigns, and should avoid sending multiple emails per day unless deals really are changing that rapidly. One merchant who shall remain nameless sent five nearly-identical Cyber Monday messages all containing the same content, with only the Subject: line changing — a sure-fire way to irritate consumers and guarantee that future messages will be summarily dismissed.
  • Use social to up visibility of promotions — and monitor their reception. Merchants should go beyond a single status-update post to Facebook and Twitter and find innovative ways to showcase deals via social media. MarketLive merchant Marc Jacobs Beauty promoted its “Blaquer Friday” deals across a range of social networking sites, including Google Plus and Instagram, and even devised a hashtag to increase visibility. And it’s important not to “set it and forget it” when it comes to sharing promotions socially. When a follower complained that exclusive gift packs were sold out by the Saturday after Thanksgiving, a  Marc Jacobs Beauty representative responded within an hour to reassure followers that inventory was still available.

marcjacobsbeauty_fb_dec1

For more, view the official MarketLive Black Friday press release. And watch for Cyber Monday results and analysis coming momentarily, with weekly updates to continue through Christmas.

Holiday tip #10: Elevate review content for the Black Friday blitz

When it comes to social content, nothing beats the old standby of customer reviews — especially during the holidays, when shoppers research heavily and rely on the testimonials of other buyers to inform their gifting decisions. Merchants should put reviews front and center and let shoppers’ picks guide merchandising and promotions.

The facts

Consumers report that customer reviews play an important part in the purchase consideration process. More than half of participants in the 2014 MarketLive Consumer Shopping Survey reported that writing reviews was somewhat or very important, and 49% said receiving product referrals from friends via social channels influenced their spending.

Further data demonstrates just how influential review are during the holidays, on Black Friday and Cyber monday in particular. According to reviews provider Bazaarvoice, traffic to user reviews spikes during the sales extravaganza the weekend after Thanksgiving, with Black Friday and Cyber Monday in 2013 beating the November daily average review pageviews by 77% and 84%, respectively. Overall in 2013,  review pageviews for the months of November and December exceeded that of all other months by 38% and 48%, respectively.

Data about reviews from Bazaarvoice

The action item

To capitalize on consumers’ usage of and trust in customer reviews, merchants should spotlight them prominently in campaigns that draw on the latest top picks to create shopper-centric product categories. Use reviews:

    • On the eCommerce site for mobile and desktop. “Top rated” categories should be a featured component of holiday gift sections.
    • In email campaigns. Featuring five-star gifts and excerpting review text gives shoppers access to relevant, authentic product information they can trust.
    • On social media. As discussed in Monday’s tip, a Pinterest pinboard showcasing customer favorites can spur repins and purchases.  And enabling brand followers to view and contribute reviews directly from within Facebook increase the engagement power of review content, as Figi’s does with its “Ratings and Reviews” Facebook page. Both customer favorites and featured products are spotlighted, along with the most recent reviews.

holidaytip10_reviewsfigisWatch for 2 more holiday tips on the blog through Black Friday, and read up on winning strategies in MarketLive’s holiday whitepapers.

Holiday tip #9: Optimize Pinterest for peak social engagement

We’ve already discussed the steps merchants can take across all their social networks to ensure that followers find their way to relevant products and content. But when it comes to choosing which social networks deserve special focus, one stands out: Pinterest.

The facts

Facebook wins when it comes to overall users, with 71% of online adults using the network as of a year ago. But Pinterest has experienced a meteoric rise since its debut in 2011, and by several counts contends with LinkedIn for #2 social network status. Moreover, when it comes to all-important mobile engagement, 92% of all time spent on Pinterest comes from mobile users — surpassing Facebook at 68%.

Specifically when it comes to holiday shopping, consumers say that Pinterest plays a key role. Close to one in five shoppers — 18% — say that looking for gift ideas on Pinterest is “very important”, and 17% said pinning items on Pinterest is a key activity, according to the 2014 MarketLive Consumer Shopping Survey.

Statistics from the MarketLive Consumer Shopping Survey

The action item

Given Pinterest’s influence over gift purchasing, merchants should allocate significant resources to creating engaging pinboard content — and encouraging pins on the part of shoppers. Tactics to deploy:

  • Add “pin it” functionality to the eCommerce site — for desktop and mobile. Enable shoppers to share items to their pinboards with minimal friction.
  • On the branded Pinterest outpost, mix products with aspirational, inspirational content. Make your boards more than just a product catalog by repinning value-added content, whether from your own site or not, to draw in those who share similar interests but may not yet be familiar with the brand. Holiday tips and favorite recipes attuned to the tastes of the target audience are especially apt right now.
  • Don’t forget the video. Pinterest enables posting video directly onto pinboards, and given that video viewing is a top social and mobile activity, merchants should take advantage of that capability to the fullest extent possible.
  • When it comes to products, escape the category replication trap. Instead of simply re-posting items from the holiday gift guide to a board, merchants should mix it up with innovative categories that put customers front and center.

MarketLive merchant Design Toscano presents a variety of innovative product pinboards. “Five Star Products” showcases items that have won top ratings from customers. “DT’s Favorite Entertainment” includes video clips and other media mentions of products, while “Fan Favorites” spotlights customer-submitted pictures of products in use.

Pinterest example from Design Toscano

Watch for 3 more holiday tips on the blog through Black Friday, and read up on winning strategies in MarketLive’s holiday whitepapers.

Holiday tip #5: Connect social networks to drive holiday engagement and sales

For the holiday season, some merchants are launching elaborate and extensive social campaigns, while others are keeping it simple with basic updates. But all merchants can benefit by enacting simple tactics to ensure social followers find their way to the products and content most relevant to them.

The facts

The percentage of direct sales attributable to social media remains extremely low, and engaging followers to click on items from their crowded feeds can be challenging. The latest data from the MarketLive Performance Index shows that social media still only accounts directly for 2% of traffic and 1% of sales.

At the same time, many merchants intuit that social media plays a much bigger role in influencing purchases, and consumers freely acknowledge that social media plays a part in their shopping experience. Close to one in three participants in the 2014 MarketLive Consumer Shopping Survey said that they’ve made purchases as a result of social media interactions. During the holiday season, half of shoppers rank social activities as somewhat or very important to their gifting purchases.

Data on social media from the ML Consumer Shopping Survey

The action item

Whether their social media plans are grandiose or simple, and whether their social media staffing is deep or bare-bones, merchants should grab the low-hanging fruit to ensure that social media followers and visitors have access to the holiday resources they need. Social outposts should highlight:

  • Customer service resources. In addition to providing “social service”, merchants should give followers easy access to other options by listing their customer service phone number and email address prominently, and offering a link to live chat as available.
  • Gift card information and purchasing. Merchants should spotlight the availability of gift cards, which are set to generate $126 billion in sales this holiday weekend, a 9% year-over-year increase, according to CardHub.
  • Email and mobile alert signups. Followers may or may not spot a merchant update in a crowded news feed — but if they sign up for email or mobile updates, they’ll receive messages directly, boosting chances of engagement.
  • Coupon downloads for in-store access. The majority of social activity now occurs on mobile devices, and fully 55% of consumers set to look for coupons on their phones while in stores, according to the MarketLive Consumer Shopping Survey.
  • Other social content. Merchants should use plugins to display Twitter and Pinterest content from within Facebook, or at least link to other social outposts.

MarketLive merchant Peruvian Connection’s interconnected Facebook page promotes a Pinterest contest, $250 drawing for those who sign up for email updates, and other social media outposts as well as featuring links to the eCommerce site.

Holiday example from Peruvian Connection

Watch for 7 more holiday tips on the blog through Black Friday, and read up on winning strategies in MarketLive’s holiday whitepapers.

Webinar recap: what savvy multi-touchpoint shoppers seek this holiday season

The so-called “360-degree view” of the customer is something of a holy grail for merchants. When it comes to presenting shoppers with relevant products and offers, sellers aim to combine data from in-store, online and mobile activity to create a holistic understanding of how their customers behave.

Last week’s 2014 MarketLive Consumer Shopping Survey webinar revealed that the “360-degree view” is important to shoppers, too — but with a twist. As consumers become more savvy and conduct shopping research on mobile devices as well as on desktop computers and in stores, they favor brands that present a unified message across touchpoints, making consistency a crucial differentiator this holiday season.

When asked which components of the brand experience should be consistent and which could be different, a high percentage of consumers said consistency was ideal nearly across the board.

Shopping survey results

Perhaps not surprisingly given holiday shoppers’ hunger for good deals, survey participants reported seeking consistent product pricing, free shipping offers and other promotional discounts across touchpoints. Close to 80% of participants said product assortment was also important; in particular, 45% of shoppers said that a comprehensive product assortment would encourage them to purchase more on mobile devices.

At the same time, exclusive or unique offers continue to appeal to shoppers as an incentive to engage with brands. For example, an exclusive discount available only to followers ranked second only to free shipping as the type of incentive that would spur purchasing via a social networking site. And merchants frequently dangle the lure of exclusive discounts as a reason to sign up for email alerts.

Striking a balance between the demand for consistency and the desire for touchpoint-specific perks requires promotional finesse. To achieve it, merchants should follow these guidelines:

Merchants should message with absolute consistency across touchpoints on:

 

  • Product pricing and pricing guarantees. With fully 90% of shoppers saying they consult Amazon to check prices even when purchasing elsewhere online, it’s crucial for merchants to deliver the same price in stores that shoppers see on their mobile devices, for example.
  • Site-wide free shipping policies. With free shipping remaining the top promotion shoppers seek, whether via eCommerce sites or on social media, offers such as free shipping above a threshold and free ship-to-store services should be universally and prominently messaged.
  • Key customer service information. Shoppers rate guaranteed delivery and free returns as crucial when deciding which brands to patronize, with 49% rating both as “most important”. The overall flexibility of the return policy and the availability of delivery timelines were sought by 41% and 27%, respectively.

 

Merchants have leeway to offer by touchpoint:

  • Sneak peeks at exclusive or new products. More than half of shoppers said access to exclusive products would spur them to purchase via social networks, for example.
  • Flash sale items. Email alerts promoting limited-time offers can motivate shoppers to engage with brands more frequently throughout the season.
  • Loyalty or rewards points tie-ins. Close to 60% of shoppers said loyalty rewards offered via social media would prompt them to make purchases, while 46% said the availability of a loyalty program would encourage repeat sales — making an offer of extra points potentially enticing as a means to lure back existing first-time customers.

Download the webinar replay for many more insights on mobile shopping, the role of social media, discount timing and in-store activities and more. And watch the MarketLive site for the follow-up holiday compendium produced in conjunction with the Consumer Shopping Survey.

Holiday first look: How to engage early shoppers — without offending them

Now that Labor Day and back-to-school promotions have come and gone, the countdown to the 2014 winter holiday season has officially begun. For merchants eager to move from planning mode to execution and results, the milestone is significant.

Indeed, research shows that the early season is a crucial time for brands to connect with consumers. More than a quarter of shoppers intended to start researching holiday gifts before Halloween last year, according to Google/Ipsos, with 69% saying they planned to shop around and 59% expressing openness to trying new brands. Not surprisingly, merchants are responding to this early receptiveness with early promotions. In a new survey from ChannelAdvisor, more than 40% of retailers said they’re starting holiday campaigns this month.

But there’s a contrasting sentiment merchants should also keep in mind: the backlash against “holiday creep,” with some consumers and media outlets protesting the appearance of holiday commercialism before Black Friday, whether on Thanksgiving Day or earlier. Even if actual spending patterns indicate that consumers go ahead and shop early despite their grumbling, merchants should remain respectful of the perception that too much promotion too early can deprive the holidays of their true magic.

So where should merchants draw the line — and how can they engage shoppers for the early-season browsing and research that leads to purchases down the road? A few suggestions:

Showcase products and content that make life easier. While shoppers may just be starting to browse and consider gifts, by now they’re likely aware of their holiday plans — whether they’re hosting a major holiday meal, having houseguests, or traveling themselves, and they may even already have a few red-letter festive dates on the calendar. Merchants should cater to these preparatory needs by stressing the convenience of crossing holiday to-dos off the list now. While this tactic is a tried-and-true approach for home and housewares brands, who can preview tools and tips for holiday feasts and hosting, other merchants can translate the message to fit their target audience. MarketLive merchant Delia’s previews the festive season with a home page promotion showcasing party dresses. Text further downpage invites shoppers to “get prepped to party.”

Early holiday example from Delia's

Encourage signups by listing holiday benefits. Merchants should step up promotions to subscribe to email alerts and follow brands on social media — and spell out the benefits to come throughout the holiday season. Consumers should know what they can expect iIn exchange for committing to follow brands, whether it’s exclusive holiday discounts, product previews or shipping offers; the latest in-store specials; or even special seasonal services such as free gift wrap. MarketLive merchant Modell’s is promoting a “Holiday All-Stars” program that encourages visitors to the brand’s Facebook page to become followers by promising them sweepstakes entries based on how frequently they like and share Modells.com content.

Early holiday example from Modell's

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Position layaway information prominently.  Previously we’ve discussed how best to support in-store layaway programs online. Now is the time to dust off those tactics and remind shoppers that they can secure sought-after items early and pay over time. Kmart recently launched a “Not a Christmas Commercial” — a cheeky nod to criticism the brand received last year over its early holiday advertising —  that suggests shoppers with “an event in late December you need a lot of gifts for, like maybe your entire family is having their birthday on the same day.” The YouTube video includes an embedded link to Kmart’s online layaway center, where shoppers can set up layaway online or read details of in-store policies and procedures. Layaway is allocated space in the global header navigation, ensuring shoppers can access the information at any point along the path to purchase.

kmart_layawayearly

Are you easing into the holidays, or have you begun full-tilt promotions? What informs the timing of your campaigns?

Priorities for adapting live chat to a multi-touchpoint world

We’ve long argued that customer service can be an important brand differentiator for small- to mid-sized merchants in their quest to win sales and loyalty. Stellar service drives valuable repeat business, while poor interactions can cause site abandonment. And word-of-mouth reputation can hinge on customer interactions with support staff; tales of neglect can go viral, while brand recommendations among friends can spur purchases from new customers.

Merchants seeking further proof of the importance of customer service need look no further than Amazon, which nearly a year ago launched a service called Mayday for owners of its Kindle Fire tablets. With a touch of a button, customers can speak directly with a representative, whose video image is displayed on tablet screens — literally putting a face on a vast organization that had previously offered little in the way of opportunities for one-on-one support interaction. It’s now the most popular means of accessing Kindle Fire support, with 75% of customer requests coming through Mayday, according to Amazon.

Amazon Mayday

While merchants can’t be expected to keep up with Amazon’s every innovation, they shouldn’t ignore the increasingly  widespread adoption of live chat in general. Usage rates are on the rise, jumping from 30% of online consumers in 2009 to 43% as of 2012 — a 43% increase, according to technology researcher Forrester.  And usage isn’t limited to younger consumers; Forrester found that all demographics use live chat, including a third of those aged 57 or above.

As usage levels head toward the 50% threshold, live chat is a must-have for merchants. And they should do more than placing a “live chat” link in the global header or footer; to maximize the revenue opportunity live chat presents, they should adopt new chat features that resonate with their target audience. Among the latest considerations:

Context is more important than ever. We’ve already addressed the importance of context when it comes to prompting shoppers to engage in live chat on the eCommerce site. But the concept of context extends far beyond that, requiring merchants to align chat invitations with shoppers’ individual situations so that chat is a relevant proposition at the very moment a question arises. Among the techniques for presenting chat as a relevant solution:

  • Tailor chat invitation language to match the journey along the path to purchase. Generic live chat promotions should be replaced by category-specific invitations as shoppers narrow their focus. Those using on-site search might be prompted to connect with live chat if they still don’t see what they’re looking for, while viewers of a specific product might see a chat promotion touting the customer service team’s expertise when it comes to fit or style.

MarketLive merchant Title Nine gives live chat increasing prominence as shoppers move along the path to purchase. A text link with small graphic in the global header is supplemented by a “Need Help?” prompt in the center content area of the product page. Shoppers who add items to cart view a prominent chat promotion promising to connect them with a “customer service maven” and listing the hours of live chat availability.

Title Nine chat promotion

Title Nine chat promotion

  • Present geo-aware chat options. Using built-in browser information combined with location data collected with shoppers’ permission, merchants can present not only chat customer service hours in the local time zone, but connect consumers with local store outlet customer service options as well.
  • Use language attuned to the touchpoint. With social media serving as a de facto customer service channel, it’s crucial to promote live chat services via social outposts, highlighting the benefits of connecting with expert staff for in-depth advice.

Women’s retailer Chico’s promotes live chat on Facebook with the offer to connect 24/7 with “style experts,” promising brand followers authoritative advice they can trust.

Chico's live chat promo in Facebook

Mobile live chat matters. As shopping activity on mobile devices continues to grow, so does the need for providing stellar support for mobile shoppers — and that includes offering live chat services. Fully 41% of U.S. mobile shoppers report using mobile live chat for shopping support — ahead of text messaging and mobile social media, the E-Tailing Group found in a recent study. And mobile live chat is poised to play an important role in cross-channel sales, with one in five shoppers saying they accessed mobile shopping support while in physical stores.

Attempting to provide an effective live chat experience on mobile devices is a steep challenge requiring particular attention to context. The E-Tailing Group found that two factors in particular determined the success of chat interactions:

  • The position of the chat window, accessible but without covering key content — and the ability to move it to the optimal location of the shopper’s choosing. More than 75% of consumers said this functionality was important, with close to half specifying it was even more crucial on mobile devices.
  • Speed and brevity. Eighty-five percent of consumers expect the customer service agent to respond quickly to the chat initiation queue — and 53% of shoppers said this response time was especially important on mobile phones. Once engaged with an agent, 75% of consumers said brevity of responses was important, and 52% deemed this characteristic especially important for mobile.

Mobile live chat stats from E-Tailing Group

Video is experimental, but potentially impactful. While just 14% of U.S. consumers use live video chat weekly, according to Forrester, the Amazon Mayday example proves that easy-to-use video support can take off. To maximize its potential impact, merchants should deploy video chat only in circumstances where visuals can enhance the customer support experience — whether by having reps use the camera to show shoppers product details the Web site doesn’t campture, or by having shoppers share relevant visuals with agents — a room for which they’d like to buy furniture, for example.

Merchants who’d like to dip their toes into the video chat pool without taking the plunge can consider Google+ Hangouts on the Air, which give brand experts a platform for connecting with consumers and answering questions either one-on-one or in a group presentation. U.K. retailer ASOS has produced a number of what it calls “shop-along hangouts” featuring style experts, who showcase the latest trends as well as take questions from participants. Shopping links on the ASOS site were displayed as they discussed their favorite items.

ASOS shop-along hangout

How are you using live chat to maximize sales and boost loyalty?

Boosting brand engagement on Pinterest

It has only been 2 years since we labeled Pinterest the social media to watch. Based on the concept of a bulletin board, users, individuals and companies “pin” item images to themed “pinboards” they create, reflecting their own interests, personalities and branding. Since then the visual bookmarking site has exploded fetching a recent valuation of $5 billion.

According to the 2014 Digital Marketer: Benchmark and Trend Report by Experian Marketing, Pinterest is the top social traffic driver to retail websites with 30 billion pins on 750 million boards.

As more and more people use social media as discovery platforms, some Internet-watchers think Pinterest could become a serious competitor to Google for searching for objects because people define what is relevant in a given search, rather than a computer algorithm. Search engines are great for answering specific questions. Pinterest helps with questions that have more than one right answer — and you will know you have found the right one when you see it.

Optimize your presence

You have established a Pin Board with categories relevant to your products, and you have covered the basics. We’ve discussed some of them elsewhere on this blog:

  • Promote your Pinterest presence on your website and  in emails
  • Make sure customers can easily pin items from inside your site
  • Your site is employing structured mark-up to take advantage of Rich Pins
  • You are encouraging community and interaction with contests and wish lists
  • You are cross-promoting with other social media and all touchpoints

Now what?

Consider the niche

According to RJMetrics, 92% of users are female and the site has an unprecedented user-retention rate of 84% of users still active after 4 years. Intel Social Media strategist Ekaterina Walter estimates women now account for 85% of all consumer purchases, so this is a segment you will want to invest in.

“Pinning says “I want this.” It’s aspirational. People pin products they’d love to own, recipes they want to cook, and projects they want to tackle” said Robert J Moore of RJ Metrics. Study the most popular categories and see how your brand fits. Look for ways to speak to the audience. Lowe’s has taken advantage of the DIY and home-related interest in Pinterest boards to develop a following of almost 3.5 million people.

womens-pins-by-category

Build it and they will come

With Pinterest’s newly introduced Guided Search, descriptive guides will allow users to scroll through and tap any that look interesting to steer their search in the right direction. We’ve written previously on How to Generate Pinterest Interest using theme-based pin boards. Now is the right time to beef up your existing ones and create more content. You can develop a strong brand presence on Pinterest by featuring creative and useful concepts for your pin boards.

REI has a board called The Gearhead which features not only product but amazing places to use it with acknowledgements back to the original sources. This tagging helps to link back and create that all important social synergy of the like-minded.

rei-pinterest-gearhead

Aspiration and Inspiration

Users come to Pinterest to be inspired. Inspire them. Make your boards more than just a product catalog. You should repin content found on sites other than your own that your target audience would find interesting. This kind of attention to your customers will pay off in retention of engagement, building your brand’s image, and creating the community that social media sites are all about.

Nordstrom, one of the most popular Pinterest retailers with over 4.4 million followers features product images as well as how-to’s, trends, wedding ideas and travel images.

Title Nine, a clothier for women on the move, mixes product with off-product topic boards like Bookshelf and Difficult Women, to entertain their core customer base, as well as draw in those who would be aligned with their brand but may not know about them yet when other Pinterest users repin the content.

Title Nine Pinterest Board Difficult Women

MarketLive merchant Design Within Reach (DWR) created a retreat-themed board that features both great places to rejuvenate and products for sale that fit the category.

Design Within Reach (DWR) Pinterest Board

DWR has also created a category landing page, Backyard Escape 101, on their website for products featured on the Pinterest board that can help consumers create their own retreats. This is a great example of cross-selling and an ideal organic result of a Guided Search for “retreats.” Be sure to link back to specific category or product pages from your Pins, not just the home page. Get customers as close to the buy as you can.

DWR Backyard Retreat

Make the highly active niche Pinterest user, your evangelizer and customer. Bring them content outside your usual brand promotion materials to help engage them in what your company is about. Then guide them through how your products can help them find the lifestyle they seek.

Lies, damn lies, and statistics: Getting real about social media’s eCommerce impact

The blogosphere is a-twitter (no pun intended) about the recent report from Gallup which found that close to two-thirds of consumers believe social media has no influence on their purchasing behaviors.

The study has prompted a flurry of posts and articles, including a statement from Facebook itself, pointing out that consumers’ self-reported behavior is unreliable; measuring what they actually do online reveals that social media marketing and advertising pay off, these sources claim.

But then how to square findings such as the attribution data from the latest MarketLive Performance Index, which found that social media directly drives just 2% of traffic and 1% of revenue? With such miniscule potential payoff, it’s no surprise that just 3% of marketers named social media a top-3 priority for 2014, according to technology researcher Forrester.

As a result, merchants attempting to allocate limited resources in advance of the all-important holiday season may be tempted to sideline social media. But that would be a mistake — because social media can help with the very strategies the Gallup report itself advocates adopting.

Gallup claims that the crucial differentiator for brands is engagement — which Gallup defines as an emotional connection that includes alignment with the brand’s identity and confidence in the brand’s ability to deliver what it promises. Gallup found that engaged consumers contribute 23% more to brands — using measures such as revenue, profitability and share of wallet — than those who are merely neutral; while consumers who are disengaged represent a 13% drag.

To maximize the return on social media, then, merchants should use it to support engagement — which is markedly different than simply chasing followers and using outposts to “push” marketing messages. Specifically, brands should:

Choose their social media lineup carefully. As we’ve reported previously, the growing number and diversity of social networking sites means that some are more likely to appeal to a brand’s target audience than others. Merchants should assess where their market is, and only establish brand outposts where it makes sense — even if that means ignoring the hype about the latest and greatest social phenomenon.

One way to gather data on how shoppers use social media is to permeate the merchant’s flagship eCommerce site with social links — the kinds that enable sharing of products and content on an array social networks, regardless of whether the brand has an official outpost there. By tracking the performance of these links, they can get a snapshot of where shoppers who visit their sites congregate and interact.

MarketLive merchant Delia’s includes a bevy of social media sharing tools on product pages, including for the fashion-specific niche site Polyvore, where the brand maintains an official presence, and for sites StumbleUpon, Tumblr and and Google+, where it doesn’t.

Social media example from Delia's

Emphasize the individuals behind the brand — on both sides. Merchants should find ways to spotlight the people who power the brand, both internally among the staff and among its followers. Rather than asking consumers to connect with a nameless, faceless organization, merchants who spotlight individuals give shoppers the opportunity to connect on a personal level.

Blog posts from staff experts and behind-the-scenes snapshots and videos demonstrate how employees embody the brand, such as in this Facebook post from women’s recreational outfitter Title Nine, whose employees cycled from San Francisco to Los Angeles and summited a mountain.

Social media example from Title Nine

Position social media for stellar customer service. Delivering a consistent brand experience across the notoriously fluid landscape of social media requires much more than a style guide.  Since both rapid response and authentic dialogue are valued by social media followers, merchants must empower social media customer service staff to act — not just post scripted replies. By allowing employees on the front lines to resolve problems, merchants not only cut response times and deliver superior service; they demonstrate how deeply and widely held are the brand’s principles, reinforcing the brand’s image for existing customers and followers.

MarketLive merchant Berkshire Blanket demonstrated the depth of the brand’s loyalty to its customers when a previous buyer wrote a Facebook message describing how the plush dog included with a blanket had become her child’s favorite, and how the stuffed animal was now wearing out and in need of replacement. The customer had searched high and low for a similar item with no success, and was appealing to Berkshire Blanket for help. Not only was the social media staff able to respond quickly to the reply, but they were able to access inventory, locate a similar plush dog, and ship it to the customer complete with a personal note. The effort earned the brand priceless word of mouth praise as well as repeat business.

Social media example from Berkshire Blanket

How are you using social media to create a personal connection — and active engagement — with the brand?