tag:www.econsultancy.com,2008:/topics/native-apps Latest Native Apps content from Econsultancy 2017-08-18T14:21:00+01:00 tag:www.econsultancy.com,2008:BlogPost/69351 2017-08-18T14:21:00+01:00 2017-08-18T14:21:00+01:00 10 superior digital marketing stats we’ve seen this week Nikki Gilliland <h3>59% of Instagram Stories leads to a shopping cart</h3> <p>New research from <a href="http://klear.com/blog/instagram-stories-conversion/" target="_blank">Klear</a> shows that 59% of brands' Instagram Stories link to a shopping cart or shoppable page.</p> <p>In contrast, just 23% of brands link their Stories to other social platforms, while 10% link to a blog post.</p> <p>Klear also found that 36% of brand Instagram Stories involve some form of product promotion, making it the most popular type of post. 22% of Stories involve an 'insider look' at the brand, and 14% involve an influencer takeover.</p> <p><img src="https://assets.econsultancy.com/images/0008/8341/Klear.JPG" alt="" width="705" height="476"></p> <h3>42% of all US business trips extended for leisure</h3> <p>A new report by <a href="https://info.advertising.expedia.com/custom-research-bleisure-travel-market?utm_campaign=2016+Bleisure+Custom+Research&amp;utm_medium=email&amp;_hsenc=p2ANqtz-95eaQxjOzd1Wm5VMuR1rk8GpeXcXmlEqI5VyE4c0E936EhBaZ413dK_VHQxo3mDwsC1QszbOJw10YgbY-rQbFF3Yc6ZeBPe57BpU9teRl92GzRveM&amp;_hsmi=40388954&amp;utm_content=40388954&amp;utm_source=hs_automation&amp;hsCtaTracking=71e4538a-6c18-405f-9307-1eba7186fefa%7C7e4357af-3125-4efe-831c-afc5ee46c7c9" target="_blank">Expedia Media Solutions</a> has highlighted the growing trend for ‘bleisure’ trips – i.e. travel that combines both business and leisure.</p> <p>It has found that 42% of all business trips within the US are extended for leisure, with this increasing to 52% when employees have to travel overseas for work. Expedia also suggests that trips to attend conferences and conventions are more likely to turn into leisure trips, as opposed to travel for client meetings or presentations.</p> <p>Lastly, it found that the leisure portion of a trip can often equal or exceed the length of the business portion, making ‘bleisure’ trips much longer than a typical business trip.</p> <p><img src="https://assets.econsultancy.com/images/0008/8332/Expedia_stat.JPG" alt="" width="780" height="284"></p> <h3>55% of consumers prefer shopping direct from brands than retailers</h3> <p>A new study by <a href="https://astoundcommerce.com/us/2017/08/15/global-brand-research/" target="_blank">Astound Commerce</a> has found that over half of consumers prefer visiting a brand or manufacturer’s website rather than shopping from multi-brand retailers. </p> <p>In a survey of over 1,000 consumers, 54% said they would turn to brands over retailers for more comprehensive product information, improved customer service, better value and more chance of personalisation. </p> <p>45% of millennials said they expect a more engaging, holistic experience on a brand’s website than a retailer’s, while 59% of shoppers would visit a physical store to seek out the full brand experience they don’t believe they can get online.</p> <p><img src="https://assets.econsultancy.com/images/0008/8335/Astound.JPG" alt="" width="730" height="325"></p> <h3>UK sees surge in search interest for electric cars</h3> <p>New data from Hitwise suggests that there has been a surge of interest in electric cars in the UK, following on from the launch of Tesla’s ‘Model 3’ car.</p> <p>In July, there was a 345% increase in searches for the new ‘Tesla Model 3’, as well as a 346% increase in people searching for ‘electric cars’ in general. This comes on the back of the news that there has been a 10.3% drop in new car sales and an increase in used cars sales in 2017.</p> <p>Hitwise also found that people aged 18-24 were the demographic most likely to be searching for ‘Tesla’, and the third most-asked question to be: “What electric cars are available in the UK?”</p> <h3>Transparency now a pressing priority for brands</h3> <p>In light of last year’s Media Transparency report by the ANA, a large number of global brands are in the midst of making changes to their media governance practices.</p> <p>In a survey of global marketers in 35 multinational companies, the World Federation of Advertisers found transparency to be a top priority for 47% of brands, while 51% said it is rising up the list. </p> <p>Brand safety is also a hot topic, with 70% saying it has escalated as a priority in the last 12 months. As a result, 74% have suspended investment in ad networks where they felt there was an unnecessary risk to their brands. Meanwhile, 89% are also limiting or plan to limit investment in ad networks that do not allow use of third-party verification.</p> <h3>Global cart abandonment increases 1.3% on previous quarter</h3> <p><a href="https://blog.salecycle.com/stats/the-remarketing-report-q2-2017/" target="_blank">SaleCycle</a> has released its Remarketing Report for Q2 2017, highlighting key cart abandonment stats from April to June.</p> <p>It shows that the global cart abandonment rate for Q2 was 76.9%, which is up 1.3% on the previous quarter. Meanwhile, the average retail conversion rate was 3.29%.</p> <p>In terms of sectors, gaming websites had the lowest abandonment rates at 67.4%, while finance had the highest at 83.7%. This was closely followed by non-profit – a sector which faces ongoing challenges in optimising online conversions. </p> <p><img src="https://assets.econsultancy.com/images/0008/8333/SalesCycle.JPG" alt="" width="760" height="420"></p> <h3>88% of consumers value speed of delivery over choice of brand</h3> <p>A <a href="https://info.salmon.com/buying-tomorrow-report" target="_blank">new report</a> by Salmon has revealed that 88% of consumers see the speed of delivery as more important than the brand being ordered. Additionally, it found that modern-day consumers also like to shop in new ways, with 45% currently using a digital assistant like Alexa or Google Home to do so.</p> <p>Other stats from the report include the fact that almost a quarter of consumers make all their purchases online, while 37% of total online spend is now done through Amazon.</p> <p>Lastly, it is clear that consumers are becoming more digitally obsessed than ever before, with 57% believing they are more digitally advanced than the retailers that serve them.</p> <h3>Searches for ‘make up’ increase over 200% in three years</h3> <p>According to research by <a href="https://www.pi-datametrics.com/resources/market-performance-reports/beauty/?mc_cid=af12c67cd5&amp;mc_eid=bdac343de4" target="_blank">PI Datametrics</a>, the UK beauty market saw a 76% increase in search volume growth from 2013 to 2016. The term ‘make up’ specifically has grown a whopping 203% in these three years.</p> <p>Insight suggests that this growth can be put down to the popularity of bloggers and vloggers within the category, plus the rise of visual social media and its influencers. With make-up sales being worth an estimated £1bn in the UK in 2017, the opportunity for retailers continues to grow.</p> <p>Interestingly, the report also revealed that the top four performers within the beauty market are all retailers (as opposed to make-up or beauty brands themselves), with Boots.com owning 9.1% of the entire market and competitor Superdrug owning 8.7%.</p> <p><img src="https://assets.econsultancy.com/images/0008/8331/PI_Data.JPG" alt="" width="650" height="509"></p> <h3>77% of APAC mobile ads delivered via apps </h3> <p>A new study by <a href="http://www.vpon.com/en/events/2017H1AsiaReport/index.html?utm_source=VPON_EN&amp;utm_medium=EN_PPR&amp;utm_term=TH&amp;vpadn_src=EN_PPR_TH" target="_blank">Vpon</a> has revealed that mobile advertising in Asia-Pacific heavily relies on apps, with 77% of such ads being delivered in-app, and just 23% via the mobile web.</p> <p>This figure rises to 90% in Indonesia, where app usage is at its highest. Similarly, 86% of ads are delivered via apps in India, while the same goes for 85% in Thailand and 82% in Malaysia.</p> <p>In contrast, countries in East Asia are leaning more towards mobile web, with China and Japan delivering just 34% and 33% of ads in apps respectively.</p> <h3>Private Eye is the UK’s most-read current affairs title</h3> <p>The Audit Bureau of Circulation (<a href="https://www.abc.org.uk/" target="_blank">ABC</a>) has named Private Eye as the most-read news and current affairs magazine in the UK, with a circulation of 249,927 per issue, and a growth of 8.6% year-on-year.</p> <p>For the same category, circulation of the Economist was up 5% in the UK to 248,196, while Prospect grew substantially with a rise of 37% to 44,545.</p> <p>In contrast to the popularity of some news titles, ABC noted a decline in women’s weekly magazines, which dropped almost 11% from the same period last year. Look magazine suffered a 35% drop in circulation to 58,561, while Now fell almost 21% to 84,588.</p> <p>Elsewhere, TV Choice was found to have the biggest readership in the UK overall, with a circulation of 1.2m.</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">Our circulation is up 9% on this time last year, with an ABC of 249,927. Thanks to all of you for buying/subscribing!</p> — Private Eye Magazine (@PrivateEyeNews) <a href="https://twitter.com/PrivateEyeNews/status/895621655615086593">August 10, 2017</a> </blockquote> tag:www.econsultancy.com,2008:BlogPost/69338 2017-08-17T10:00:00+01:00 2017-08-17T10:00:00+01:00 Five companies using robots and AI to make a difference Nikki Gilliland <p>This is naturally a big concern - but there <em>is</em> a flip side. We’re all aware of how AI technology is changing the ways consumers interact with companies, by making processes faster, easier, and more streamlined than ever before. But more than this, artificial intelligence is starting to have a greater and positive impact on society as a whole.</p> <p>So, putting the aforementioned matters aside for a moment, here are five companies using AI intelligence to make a difference in consumers lives.</p> <h3>No Isolation</h3> <p>For children with a chronic or long-term illness, being unable to attend school doesn’t only mean missing out on vital education. It also means missing out on crucial social interaction, often leading to high levels of isolation and loneliness. </p> <p>A new startup company called No Isolation is aiming to transform the lives of children struggling with this issue with the world’s first ‘telepresence robot’.</p> <p>Essentially, the robot takes the place of the person in the classroom when they cannot attend. It allows them to listen as well as participate by controlling the system through an app while at home. If the child is feeling too poorly or sad to contribute – they can also turn on a blue light on the head of the robot to signify passive learning.</p> <p>While the technology itself is not revolutionary, it is revolutionising the lives of the children using it. By taking away feelings of social isolation, and helping to ease worries about going back to school after prolonged periods, it’s having a direct and positive impact on its target consumer. No Isolation is also working on a product to help senior citizens dealing with loneliness.</p> <p><iframe src="https://www.youtube.com/embed/GfHBsmswe8s?wmode=transparent" width="854" height="480"></iframe></p> <h3>Microsoft</h3> <p>From a startup to one of the world’s biggest brands – Microsoft has invested heavily in AI in the past few years. ‘Seeing AI’ is one of the first examples to come to fruition – an app that uses artificial intelligence to help visually impaired people.</p> <p>The app uses an iPhone camera to tell people what’s happening around them, using neural networks to identify people, objects, and even the emotions of others via facial recognition.</p> <p>One of the most functional aspects is its ability to recognise US currency, something that is usually impossible for visually impaired people due to the fact that all bills are the same size and shape. Similarly useful, it helps identify everyday household objects by scanning barcodes, and recites text as soon as it appears in front of the camera.</p> <p>With further research in speech recognition, as well as the agricultural and healthcare industries – it is clear that Microsoft is intent on harnessing the power of AI for positive change.</p> <p><iframe src="https://www.youtube.com/embed/bqeQByqf_f8?wmode=transparent" width="854" height="480"></iframe></p> <h3>Darktrace</h3> <p>Cybercrime <a href="http://fortune.com/2017/06/22/cybersecurity-business-fights-back/" target="_blank">reportedly cost</a> the global economy an estimated $450bn in 2016. Now, a new wave of companies is aiming to fight back, with many using AI to identify and prevent digital attacks. </p> <p>Darktrace is one of the most valuable, having recently raised $75m in funding. By using machine learning technology to analyse network traffic and track threats, Darktrace is able to quickly identify anomalies. Moreover, it is able to do so without slowing down or disrupting normal operations.</p> <p>With organisations taking an average of 99 days in 2016 to realise they had been breached, this kind of AI technology can rapidly alter the speed at which attacks are quashed. Meanwhile, as an increasing number of cyber-attacks are now said to involve altering data rather than merely stealing it – AI can help to prevent potentially catastrophic outcomes. For example, in healthcare industries, where altering medical records can lead to the possible misdiagnoses of patients. </p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">Our <a href="https://twitter.com/hashtag/AI?src=hash">#AI</a> tech caught a malicious <a href="https://twitter.com/hashtag/insider?src=hash">#insider</a> trying to harvest user credentials - learn how in our Global Threat Report <a href="https://t.co/ZDAQQwt7fw">https://t.co/ZDAQQwt7fw</a> <a href="https://t.co/t1B8vQoeIn">pic.twitter.com/t1B8vQoeIn</a></p> — Darktrace (@Darktrace) <a href="https://twitter.com/Darktrace/status/892680454138187777">August 2, 2017</a> </blockquote> <h3>Leka</h3> <p>New <a href="http://stm.sciencemag.org/content/9/393/eaag2882" target="_blank">research</a> from the University of North Carolina and Washington University has found that an AI can identify autistic children before they display overt behavioural symptoms. By training a machine learning algorithm on the behaviour and earlier MRI data of children with autism, scientists then built a model that predicted a number of other autism cases.</p> <p>The potential for early diagnosis is not the only way AI is having an impact. A new motion-sensitive robot named Leka has been developed to help children with autism spectrum disorder, Down’s syndrome and other disabilities develop motor, cognitive and emotional skills.</p> <p>As children with autism struggle with interacting and communicating with others, Leka acts as an intermediary. While it is designed to display some human characteristics, such as facial expressions, it can be customised to adapt to the child’s individual needs for engagement and interaction. Alongside the direct benefits to the children, Leka is also having a huge impact of the lives of therapists, parents and care-givers – helping to reduce anxiety in both learning and day-to-day life.</p> <p><iframe src="https://www.youtube.com/embed/luN84iqllIA?wmode=transparent" width="854" height="480"></iframe></p> <h3>Babylon Health</h3> <p>Machine learning is changing the way the healthcare industry diagnoses and treats serious diseases like cancer and diabetes, with the technology being used to read CT scans and X-rays.</p> <p>In the UK, start up digital healthcare company Babylon Health is aiming to revolutionise the diagnoses of routine conditions, creating an AI doctor that takes the place of a GP.</p> <p>The app, which is currently being used by 800,000 people, allows patients to text their symptoms and receive advice from the AI. Babylon then advises whether or not medical care is needed, also providing the option of a video-consultation with a real doctor.</p> <p>Interestingly, the NHS is currently trialling the service in areas of London as an alternative to the 111 number, which offers free medical advice on the telephone. With the potential to offer cost savings, as well as free up time for busy GP’s – Babylon is being touted as a positive step for healthcare professionals. Meanwhile, with Babylon claiming that its technology can help cut diagnosis time by 50% - it’s also aiming to make the experience more positive and convenient for patients.</p> <p><iframe src="https://www.youtube.com/embed/CMD6B8h6Pzg?wmode=transparent" width="854" height="480"></iframe></p> <p><strong><em>Related reading:</em></strong></p> <ul> <li><em><a href="https://econsultancy.com/blog/68722-how-ai-will-impact-marketing-and-the-customer-experience">How AI will impact marketing and the customer experience</a></em></li> <li><em><a href="https://econsultancy.com/blog/69098-could-ai-revolutionize-high-street-retail-as-well-as-ecommerce/">Could AI revolutionize high street retail as well as ecommerce?</a></em></li> <li><em><a href="https://econsultancy.com/blog/67745-15-examples-of-artificial-intelligence-in-marketing">15 examples of artificial intelligence in marketing</a></em></li> </ul> tag:www.econsultancy.com,2008:BlogPost/69250 2017-07-14T10:52:35+01:00 2017-07-14T10:52:35+01:00 Four reasons behind Superdrug's 41% increase in profits Nikki Gilliland <p>So, why the big turnaround? Here’s a look at Superdrug’s strategy, and the reasons why it’s currently enjoying a resurgence.</p> <h3>Targeting younger shoppers </h3> <p>Boots is the largest health and beauty retailer in the UK, with over 2,500 stores compared to Superdrug’s 850 or so. It’s also got the longest history, as well as a large and loyal consumer base that includes people of all ages and budgets.</p> <p>With Boots catering to such a large demographic, Superdrug has changed its strategy to target a more specific set of consumers. While its rival concentrates on its own-brand beauty range of Botanics, as well as more mid to high-end brands such No. 7 and L’Oréal, Superdrug deliberately targets younger consumers interested in more affordable cosmetics. </p> <p>Cheaper brands like MUA, GOSH and Make-Up Revolution, despite being less well-known, are now sold in most stores.</p> <p>So, alongside a general focus on affordability, how exactly does Superdrug entice younger consumers?</p> <p>In the face of low-price beauty launches from the likes of Primark, H&amp;M and New Look, Superdrug’s work with <a href="https://econsultancy.com/blog/66560-what-are-influencers-and-how-do-you-find-them" target="_blank">influencers</a> certainly sets it apart. The retailer struck a deal with Zoella in 2014 to sell her beauty range, with the collection going on to break sales records. </p> <p>Upon launch, the Superdrug website saw twice as many visitors as usual, with 25% of new visitors clicking on the Zoella range. Since then, Zoella has gone on to release two new collections, both resulting in similar success for Superdrug.  </p> <p>Other popular influencers such as Tanya Burr and Fleur de Force have also partnered with Superdrug to sell exclusive make-up and cosmetics collections, meaning the retailer has been able to capitalise on their existing and loyal audience. </p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr"><a href="https://twitter.com/Zoella">@Zoella</a> <a href="https://twitter.com/ZoellaBeauty">@ZoellaBeauty</a> I've just picked this up from Superdrug it's so pretty <a href="https://t.co/IKAg0QyMdR">pic.twitter.com/IKAg0QyMdR</a></p> — Jessica newman (@jnew135) <a href="https://twitter.com/jnew135/status/883622463531253760">July 8, 2017</a> </blockquote> <h3>In-store experience</h3> <p>Influencers are not the only way Superdrug has aligned itself to younger shoppers. In 2014, it rolled out its new ‘Beauty Studio’ concept, offering beauty services such as threading, manicures and eyelash extensions in-stores. In select locations, it also introduced digital displays and an interactive ‘selfie’ area to encourage shoppers to share their makeovers on social media.</p> <p>Elsewhere, and even in stores that do not include a Beauty Studio, the design and layout of most stores is used to differentiate itself from Boots’ pared down approach. The retailer often uses bright colours and illuminated lettering, bringing a fashionable element into stores. Again, cosmetics is a huge focus, with this area often much larger than other areas.</p> <p><img src="https://assets.econsultancy.com/images/0008/7455/superdrug_cosmetics.JPG" alt="" width="650" height="431"></p> <p>Another way Superdrug has enhanced the in-store experience is to introduce Wi-Fi and its own radio station. ‘Superdrug Live’ is used to support brand campaigns and promotions, as well as create a unique store environment through music.</p> <h3>Healthcare focus</h3> <p>Alongside its Beauty Studio, Superdrug has also expanded into the healthcare market, placing much more focus on its status as a pharmacy as well as cosmetics retailer.</p> <p>While its stores used to have a 70/30 split between beauty and health products, some stores now have a 60/40 strategy, with the retailer introducing consultation rooms and services from pharmacists and nurses, such as flu vaccinations. </p> <p>Interestingly, Superdrug has also introduced its own brand of morning-after pill, selling it at half the cost of the average pill sold over the counter. The move has been praised by the British Pregnancy Advisory Service, which applauded the retailer for giving women greater choice and accessibility. </p> <p>There’s no doubt that Superdrug’s focus on healthcare is succeeding – sales of this category grew 12% last year.</p> <p><img src="https://assets.econsultancy.com/images/0008/7456/wellbeing.JPG" alt="" width="650" height="444"></p> <h3>Rewarding loyalty</h3> <p>Superdrug’s <a href="https://econsultancy.com/admin/blog_posts/69250-four-reasons-why-superdrug-is-succeeding/edit/Six%20tips%20for%20loyalty%20program%20success" target="_blank">loyalty program</a> has also grown over the past few years. In fact, membership is said to have doubled over the past two years, with the retailer having 19m registered members by the end of 2016. </p> <p>The Health and Beauty card is a fairly standard retail loyalty system, rewarding shoppers with points that can be exchanged for discounts. However, Superdrug adds value with exclusive offers and perks, also rewarding long-term loyalty members with exclusive gifts. Regular promotions like ‘Treat Thursdays’ – which offers exclusive discounts – provide incentive for members to collect and spend points.</p> <p>The Health and Beauty card also works in conjunction with the Superdrug app, allowing shoppers to collect and monitor points as well as access offers. By aligning the app and loyalty program, Superdrug has also been able to improve targeting, offering deals and promotions to customers based on their location or past purchase history.</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">Calling all Health &amp; Beautycard members! Get 10% off Diet &amp; Fitness products until 23:59 tonight <a href="https://t.co/pj1ctMQvf7">https://t.co/pj1ctMQvf7</a> <a href="https://twitter.com/hashtag/treatthursday?src=hash">#treatthursday</a> <a href="https://t.co/qcrKFWzd3g">pic.twitter.com/qcrKFWzd3g</a></p> — Superdrug (@superdrug) <a href="https://twitter.com/superdrug/status/885431137660796928">July 13, 2017</a> </blockquote> <h3>Improved online presence </h3> <p>While most consumers might naturally think of Superdrug in terms of physical stores, the retailer has been making strides to improve its ecommerce capabilities – as well as its general digital presence.</p> <p>With improved delivery and click and collect, it offers customers more flexibility than before – perhaps one of the main reasons its saw a 60% growth in online sales last year.</p> <p>Another reason could be its Online Doctor service, which allows customers to consult with a doctor on various medical issues and arrange prescription for collection or delivery. The popularity of the Online Doctor has spurred on expansion of Superdrug’s healthcare services, with the retailer recently announcing that will open 30 new stores and create 600 new jobs in the UK.</p> <p>Meanwhile, Superdrug uses social media to reach out and interact with consumers. Its Twitter and Facebook strategy involves a lot of user generated content, with the brand also using lifestyle and pop-culture inspired content to engage younger, female consumers.</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">Chris says he isn’t bothered… but we have a feeling that he is defo bothered! <a href="https://twitter.com/hashtag/draaaaaama?src=hash">#draaaaaama</a> <a href="https://twitter.com/hashtag/muggymikeisback?src=hash">#muggymikeisback</a> <a href="https://twitter.com/hashtag/loveisland?src=hash">#loveisland</a> <a href="https://t.co/Tzj24KdgFW">pic.twitter.com/Tzj24KdgFW</a></p> — Superdrug (@superdrug) <a href="https://twitter.com/superdrug/status/885590454573641736">July 13, 2017</a> </blockquote> <h3>In conclusion…</h3> <p>Making both beauty and healthcare accessible, Superdrug has managed to carve out a niche in the market, making its high street presence almost indispensable to consumers.</p> <p>While it previously stood in the shadow of Boots, its strong growth and expansion plans means it is a worthy competitor – possibly even winning in the fight for the attention of today’s young consumers. </p> <p><em><strong>Related reading:</strong></em></p> <ul> <li><em><a href="https://econsultancy.com/blog/67138-native-apps-for-retail-10-reasons-it-s-now-or-never/">Native apps for retail: 10 reasons it's now or never</a></em></li> <li><em><a href="https://econsultancy.com/blog/66160-how-boots-can-improve-its-customer-journey-from-search-to-checkout/">How Boots can improve its customer journey from search to checkout</a></em></li> <li><em><a href="https://econsultancy.com/blog/68472-three-reasons-behind-whsmith-s-boost-in-profits/" target="_blank">Three reasons behind WHSmith’s boost in profits</a></em></li> </ul> tag:www.econsultancy.com,2008:BlogPost/69246 2017-07-13T14:21:24+01:00 2017-07-13T14:21:24+01:00 Why Adidas is moving into utility marketing with All Day fitness app Nikki Gilliland <p>Its MiCoach app (now Runtastic) aims to help improve users’ fitness performance, while its Adidas Confirmed app lets users know about exclusive product releases.</p> <p>Now, Adidas is taking a broader approach, combining different types of health and fitness tracking technology into a single app. 'All Day' – just launched in the US – is an all-encompassing version designed to help users ‘begin their journey to well-being’. </p> <p>But, is there a market for yet another sports-brand app? More to the point, how will Adidas benefit? </p> <h3>Technology to manage health, not just fitness</h3> <p>From the Nike+ Training Club app to MyFitnessPal and Fitbit, there are a tonne of similar apps on the market. Interestingly, Adidas’s All Day app does not appear to be a carbon copy of other brand examples, instead, focusing much more on health and well-being for women.</p> <p>While it is inspired by sport, the app is tailored around four distinct categories of movement, nutrition, mindset, and rest. This means if the user is not that interested in one category, such as exercise, they’ll still be able to gain value from others like food and sleep.</p> <p>Essentially, it’s an interesting example of utility marketing, with Adidas ensuring that it is there to meet the individuals needs at any time – without directly promoting its core products.</p> <p><iframe src="https://www.youtube.com/embed/GvQfVjpDTwM?wmode=transparent" width="854" height="480"></iframe></p> <p>Moving into the health industry could prove to be a shrewd move from Adidas. According to research, two-thirds of Americans <a href="http://www.itnonline.com/content/two-thirds-americans-favor-digital-personal-health-management" target="_blank">favour digital health management</a> over physical. Meanwhile, healthcare apps have seen a surge in interest, with a 16% increase in downloads during the past two years.</p> <p>Adidas is not the only brand to veer into this market. Under Armour’s Record app is also geared around general health verticals such as fitness, nutrition, and sleep – capitalising on its ability to track and help users throughout the entire day, not just during moments of exercise. </p> <h3>Using content to inspire</h3> <p>One way the Adidas All Day app differentiates itself from the competition is by going beyond performance tracking, also using content to inspire users. </p> <p>This part of the app is called ‘Discoveries’, with the current selection including recipes and healthy eating tips from food author, Candice Kumai, and a custom music playlist from DJ Nina Las Vegas. </p> <p>As well as capitalising on the authority of influencers, Adidas is focusing on high-quality content to tap into the general lifestyle interests of women. </p> <p>The aim here is to provide more than just utility. So while some people might use fitness apps for a while and then forget about them, or only think of using them in the moment of exercise, Adidas wants to provide the inspiration for maintaining and enjoying a healthy lifestyle.</p> <p><img src="https://assets.econsultancy.com/images/0008/7415/Adidas_All_Day_2.JPG" alt="" width="580" height="604"></p> <p>Furthermore, instead of focusing on hardcore or lengthy workout programs, it focuses on setting short term goals – where the length and category is chosen by the user.</p> <p>For example, if you’re interested in setting up a healthy eating plan, you can choose a select number of recipes to try – which the app will then remind you about and mark as complete as you go. The same goes for exercise plans and sleep aids. </p> <p>By breaking everything down into manageable chunks, the hope is that users might be more inclined to sustain usage over time.</p> <h3>Expanding digital presence</h3> <p>The app is not the only example of Adidas targeting a female audience or experimenting with other forms of utility marketing. In the UK, it launched a chatbot to let consumers find out information and book fitness classes in its East London studio. </p> <p>The chatbot received 2,000 sign ups with a 60% retention rate after the first week of launch, proving that online users often value practicality over pure entertainment.</p> <p>Adidas appears to be using both to promote the All Day app on social media, pulling in lifestyle-based content from its blog as well as promoting features such as the ability to set mini challenges.</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">Make every movement count.</p> <p>Take on challenges on the new All Day App: <a href="https://t.co/ZCnUASMOYR">https://t.co/ZCnUASMOYR</a> <a href="https://twitter.com/hashtag/adidasALLDAY?src=hash">#adidasALLDAY</a> <a href="https://t.co/haamf50fZc">pic.twitter.com/haamf50fZc</a></p> — ADIDAS NYC (@adidasNYC) <a href="https://twitter.com/adidasNYC/status/883037976007024640">July 6, 2017</a> </blockquote> <p>It’s also capitalising on influencer involvement, featuring popular lifestyle bloggers on its Instagram channel – another sign that it’s set on widening its target demographic rather than a niche, fitness-focused audience.</p> <p><img src="https://assets.econsultancy.com/images/0008/7413/Adidas_insta.JPG" alt="" width="760" height="478"></p> <h3>Building brand affinity</h3> <p>The main benefit of utility marketing is that it helps to create brand affinity, with users potentially more likely to favour Adidas products when considering a purchase.</p> <p>While this naturally extends to Adidas sportswear and apparel, there’s also the question of whether Adidas will introduce a wearable tie-in.</p> <p>This has been the pattern for many sports brands up until now, starting with Nike+ and its Fuelband. Despite Nike going back to being a third-party app (now compatible with the Apple Watch), others have since entered the market, including Under Armour and its Healthbox wearable, and New Balance and its RunIQ smartwatch.</p> <p>As it stands, the new Adidas app can be paired with Apple’s Health Kit and Google Fit, and it looks like it won’t be long before a new official wearable is launched.</p> <p>It’s been reported that the device featured in the press photos for the All Day app is the all-new Adidas fitness tracker – thought to be called ‘Chameleon’. Said to be a rival for Fitbit, it will include a heart-rate sensor, as well as tie-ins with healthcare partners like Verily and American College of Sports Medicine. </p> <p><img src="https://assets.econsultancy.com/images/0008/7414/Chameleon.JPG" alt="" width="606" height="344"></p> <p>So, could Adidas take a share of the lucrative wearable market?</p> <p>Fitbit is currently the dominant player, with the brand seeing the most amount of downloads for its accompanying app. That being said, there has been rising concern over privacy rights, with many big wearable companies coming under fire for vague and convoluted T&amp;C’s. </p> <p>Alongside privacy concerns, one of the biggest reasons for wearable abandonment (a <a href="http://www.zdnet.com/article/a-third-of-wearable-devices-abandoned-by-consumers-gartner/" target="_blank">third of all owners</a> are reported to not wear their device) is said to be guilt or frustration for failing to reach their fitness goals. </p> <p>As less of a goal-setting app, and more of a lifestyle support, this is one area that Adidas might be able to capitalise on.</p> <p>By focusing more on flexibility rather than serious workouts, it could appeal to a wider demographic, as well as consumers already interested in its fashion-focused collections such as Adidas Originals.</p> <p><strong><em>Related articles:</em></strong></p> <ul> <li><em><a href="https://econsultancy.com/blog/69086-how-adidas-uses-digital-to-enable-powerful-experiences/" target="_blank">How Adidas uses digital to enable powerful experiences</a></em></li> <li><em><a href="https://econsultancy.com/blog/65598-nike-vs-adidas-which-provides-the-best-ecommerce-experience" target="_blank">Nike vs. Adidas: which provides the best ecommerce experience?</a></em></li> <li><em><a href="https://econsultancy.com/blog/68785-how-adidas-originals-uses-social-media-to-drive-sales/" target="_blank">How Adidas Originals uses social media to drive sales</a></em></li> </ul> tag:www.econsultancy.com,2008:BlogPost/69244 2017-07-13T10:32:38+01:00 2017-07-13T10:32:38+01:00 Eight inspiring examples of shoppable digital content Nikki Gilliland <p>So, how can retailers capture consumers in the moment?</p> <p>Shoppable content is one effective strategy. This refers to any kind of content – including images, video or blogs – that offers customers a direct opportunity to buy within just a few clicks. The strategy helps to bridge the gap between browsing and buying, effectively engaging consumers and increasing conversion rates in the process.</p> <p>So, what does effective shoppable content look like? Here are just a few inspiring brand cases and the reasons why they work.</p> <h3>Diesel</h3> <p>Shoppable video can be a mixed bag. While the medium sounds great in theory – allowing consumers to click directly on the products they’re seeing on screen – it can actually be a rather jarring user experience, interrupting the video and taking viewers away mid-action.</p> <p>That being said, Diesel’s shoppable video – created as part of its #forsuccessfulliving campaign and in celebration of the brand’s 30th anniversary – is a pretty seamless example. </p> <p>Directed by Alexander Turvey, the short follows various Diesel models as they prepare for their first catwalk show. Calls-to-action appear at certain points throughout, which allows the viewer to save items or go directly to the Diesel store. As the video only involves music, with no real narrative or plot, this means that the experience of ‘in the moment’ shopping is less disruptive.</p> <p><a href="https://www.instagram.com/p/BKA4Zndgnja/" target="_blank"><img src="https://assets.econsultancy.com/images/0008/7407/Diesel.JPG" alt="" width="780" height="497"></a></p> <p>Meanwhile, the video capitalises on the ‘<a href="https://econsultancy.com/blog/68305-runway-to-retail-how-fashion-brands-are-introducing-see-now-buy-now" target="_blank">see now buy now trend</a>’, selling exclusive items ahead of Diesel’s FW16 runway show in Tokyo to provide extra value for consumers.</p> <h3>Lazy Oaf</h3> <p>Instagram is now the top social media platform in terms of user engagement. Instead of just likes and comments, however, many brands want to transfer this engagement into direct purchases. </p> <p>While Instagram itself has been testing its new shopping features, retailers like Lazy Oaf have been busy finding their own ways to make the user experience more shoppable. It has created its own ‘Insta-shop’ – which lives on its main site, but is also linked to from its Instagram channel.</p> <p><img src="https://assets.econsultancy.com/images/0008/7397/Instashop.JPG" alt="" width="550" height="273"></p> <p>Essentially, it allows consumers to browse the Lazy Oaf Instagram feed (but on its own website) and means they can directly click on and buy any item they like. By hovering over each photo, users can instantly see whether an item is shoppable, also making it easy for consumers to buy multiple items in one go.</p> <p><img src="https://assets.econsultancy.com/images/0008/7396/Lazy_Oaf_2.JPG" alt="" width="780" height="442"></p> <h3>Made.com</h3> <p>Made.com’s Unboxed cleverly shows how to merge <a href="https://econsultancy.com/blog/67547-10-excellent-examples-of-user-generated-content-in-marketing-campaigns" target="_blank">user-generated</a> and shoppable content. Building on the idea that people want to see how furniture or homeware looks in real life before investing, it allows customers to upload photos of their Made.com purchases. </p> <p>Alongside this, it also includes links to available items in each photo, encouraging customers to take action instead of just inspiration. Users can even get in touch with the people who have uploaded photos in order to ask questions and hear honest reviews.</p> <p>While it's not the most seamless example of shoppable content (perhaps focusing the user's attention on reviews rather than clicking through to the products themselves) - it still helps to drive purchases in the long run.</p> <p><img src="https://assets.econsultancy.com/images/0008/7400/Made_Unboxed.JPG" alt="" width="650" height="588"></p> <h3>Net-A-Porter</h3> <p><a href="https://econsultancy.com/blog/68219-four-things-brands-can-learn-about-content-marketing-from-net-a-porter" target="_blank">Net-A-Porter</a> is a retailer that truly understands the importance of shoppable content, using it to drive customer loyalty both on- and offline. Its print magazine, Porter, works in conjunction with a digital-version, allowing users to shop items directly from the page. By downloading the Net-A-Porter app and scanning the magazine, readers can find and buy items as they flip through.</p> <p><img src="https://assets.econsultancy.com/images/0008/7402/Porter.JPG" alt="" width="453" height="479"></p> <p>Net-A-Porter's weekly online publication, The Edit, uses the same formula, including handy links to all the items featured in the magazine.</p> <p><img src="https://assets.econsultancy.com/images/0008/7401/Net_A_Porter.JPG" alt="" width="780" height="556"></p> <p>Delivering instant gratification to consumers (and taking away the frustration of seeing something you like and not being able to find or buy it) – Net-A-Porter ensures that there is minimal friction between browsing and buying. </p> <h3>Tesco</h3> <p>It’s not only fashion or homeware retailers that benefit from shoppable content. Tesco is one supermarket that puts this at the heart of its digital strategy, using its ‘Real Food’ content hub to drive conversions online. </p> <p><img src="https://assets.econsultancy.com/images/0008/7404/Real_Food.JPG" alt="" width="550" height="429"></p> <p>The reason it works so well is because it makes buying multiple ingredients incredibly quick and easy. Instead of writing down and searching for individual items, users can be one click away from buying everything that’s needed for a recipe. What’s more, Tesco also prompts users in case they don’t have store cupboard items like olive oil or ketchup.</p> <p><img src="https://assets.econsultancy.com/images/0008/7403/Tesco.JPG" alt="" width="650" height="487"></p> <p>This example also demonstrates how FMCG brands can capitalise on faster purchase intent. Unlike fashion or retail brands – where the path to purchase involves much greater deliberation and comparison – people are much more likely to see and buy when it comes to food and drink.</p> <h3>Kate Spade</h3> <p>Kate Spade is one fashion retailer that has taken shoppable content to a whole new level, launching a series of ads designed to be watched and enjoyed like a TV show.</p> <p>Starring recognisable faces like Anna Kendrick, the #missadventure series is billed as a series ‘about interesting women leading interesting lives.’ Naturally, however, Kate Spade also hopes that people will be just as interested in the clothes and accessories they wear, allowing viewers to find and buy all the clothes featured.</p> <p>In order to avoid disruption to viewers, the brand collates all shoppable items into a list, which can be clicked on during or at the end of the video. </p> <p><iframe src="https://www.youtube.com/embed/j8XCi71rwsg?wmode=transparent" width="854" height="480"></iframe></p> <p>By truly immersing viewers into world of Kate Spade, the brand is able to increase the chances of them becoming paying customers.</p> <h3>One Kings Lane</h3> <p>Home décor brand, One Kings Lane, has generated effective results from its shoppable blog. However, that doesn’t mean it focuses on revenue over and above engagement. Instead, it focuses on creating high quality content and photography, providing customers with inspiration and value above everything else.</p> <p><img src="https://assets.econsultancy.com/images/0008/7405/One_Kings_Lane.JPG" alt="" width="780" height="486"></p> <p>One danger of shoppable content, especially in blog form, is that it can soon become outdated. Products will be sold out or limited, leaving content filled with old or broken links. In order to combat this, One Kings Lane <a href="https://adexchanger.com/ecommerce-2/one-kings-lane-uses-content-convert/">focuses on refreshing content regularly</a>, and ensuring that its shoppable content stays up to date.</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">Tour the colorful and collected home of the founder of <a href="https://twitter.com/RollerRabbit">@RollerRabbit</a> → <a href="https://t.co/lGLHmOAZJ6">https://t.co/lGLHmOAZJ6</a> <a href="https://t.co/QuRyevrFKW">pic.twitter.com/QuRyevrFKW</a></p> — One Kings Lane (@onekingslane) <a href="https://twitter.com/onekingslane/status/876092396366422016">June 17, 2017</a> </blockquote> <h3>Matches Fashion</h3> <p>Lastly, instead of using shoppable video to create film-like ads, Matches uses industry experts and behind-the-scenes insight to entice viewers to buy,</p> <p>Its ‘Digital Trunk Shows’ series involves a number of designers talking about the inspiration for and creation of their collections. Viewers can simply click on an item for it to be automatically added to their basket.</p> <p>This approach aims to use information and insight to offer real value to consumers, softly encouraging them to make purchases rather than blatantly selling.</p> <p><iframe src="https://www.youtube.com/embed/v-fO50XoNNY?wmode=transparent" width="854" height="480"></iframe></p> <p><em><strong>Related articles:</strong></em></p> <ul> <li><em><a href="https://econsultancy.com/blog/67909-selfridges-unveils-ios-app-with-shoppable-instagram-feed-is-it-any-good/" target="_blank">Selfridges unveils iOS app with ‘shoppable’ Instagram feed: Is it any good?</a></em></li> <li><em><a href="https://econsultancy.com/blog/66625-shoppable-video-the-missing-piece-of-your-marketing-strategy/" target="_blank">Shoppable video: the missing piece of your marketing strategy?</a></em></li> <li><a href="https://www.econsultancy.com/blog/68275-ted-baker-unveils-shoppable-video-google-voice-search-stunt-for-aw16-campaign"><em>Ted Baker unveils shoppable video &amp; Google voice search stunt for AW16 campaign</em></a></li> </ul> tag:www.econsultancy.com,2008:BlogPost/69135 2017-06-02T09:32:24+01:00 2017-06-02T09:32:24+01:00 Dropit review: Is there a demand for a ‘shop and drop’ delivery service? Nikki Gilliland <p>It sounds kind of cool – but is there <em>really</em> a demand for this kind of service? I was intrigued, so decided to download the app and give it a whirl. Here’s my two penneth.</p> <h3>How does Dropit work?</h3> <p>Dropit works via an app which customers can download or access via the POS device in a store. Buying a day pass for £10 allows you to ‘drop’ as many bags as you like in one day, which will then be collected and sent to you in a single delivery at a chosen time.</p> <p>For my trial, I chose to use Dropit in Lululemon’s Regent Street store – one of over 30 that now offer the service in London’s Regent and Oxford Street area. </p> <p>It was all very simple to do. When I went to buy an item in-store, I told the employee I wanted to use Dropit, which meant I just had to enter my details into the POS device, select a delivery time, and wait for them to scan the receipt and a QR code. It didn’t take long, though it obviously meant a bit of extra waiting time than merely buying and walking out of the store.</p> <p><img src="https://assets.econsultancy.com/images/0008/6467/Dropit.JPG" alt="" width="589" height="524"></p> <p>I chose my item to be delivered to my flat the following evening, and sure enough, it was - packaged inside Dropit's signature bag along with a matching purse that held the day pass and receipt.</p> <p><img src="https://assets.econsultancy.com/images/0008/6469/IMG_0401.JPG" alt="" width="600" height="799"></p> <p>I was also able to track my item on the app to see its progress. The app also includes a list and map of all participating stores, though there’s not much else to it than that.</p> <p>In terms of who actually delivers the goods, Dropit partners with a third-party service (similar to most retail stores), so it’s not a company like Deliveroo that actually employs people to deliver.</p> <h3>Who is it aimed at?</h3> <p>The value proposition of Dropit is quite straightforward – it means you don’t have to carry around bags while you continue shopping or go straight out for the evening. However, the question really is whether this is a big enough problem for people to pay £10 on top of their goods to have their bags dropped off elsewhere. </p> <p>Personally, I can’t see myself ever using it in my every day life, unless it was a (first world) emergency and I really couldn’t take shopping bags along with me, say if I was going to a gig after work. </p> <p>Consequently, I do wonder if the service is more aligned to luxury shoppers – people that are willing to pay slightly extra for the comfort and convenience. Or, perhaps even tourists who are really serious about shopping but also want to enjoy their day doing other things. </p> <p>The fact that Dropit often cites hotels in its promotional copy suggests that people from out of town are a target customer. </p> <p><img src="https://assets.econsultancy.com/images/0008/6471/Dropit_insta.JPG" alt="" width="740" height="353"></p> <h3>What’s the benefit for participating stores?</h3> <p>Meanwhile, there seems to be more in it for retail stores. One benefit is the possibility of extra dwell time in-store. If people aren’t weighed down by heavy bags, I guess they might be less worried about carrying things and therefore more inclined to spend.</p> <p>There is also the benefit of accessing data about offline consumers that would usually only be gathered from online purchases. Details such as where people shop and how much they spend could prove massively beneficial for understanding, targeting and retargeting customers. </p> <p>Finally, Dropit’s partnership network means that it also opens up possible marketing opportunities for retailers, including promotion within the app itself or social media. </p> <p><img src="https://assets.econsultancy.com/images/0008/6470/Dropit_M_S.JPG" alt="" width="750" height="483"></p> <h3>Is it worth it?</h3> <p>Personally, I can’t see much of a demand for Dropit from your average shopper. Most people don’t tend to buy that much in one go – or at least prefer buying online if they do. Similarly, I can’t imagine many people would even think of carrying bags as an issue.</p> <p>Having said that, there’s no doubt that the service does provide real convenience. The app and delivery service itself is also seamless and slick, which definitely adds to its appeal. Ultimately, I think Dropit solves a problem that most people probably don’t even realise they have. Which I suppose is the hallmark of some of the most successful companies out there. </p> <p>For rich people or tourists who are serious about shopping in London, it could be something to consider. Retailers keen to get their hands on untapped data will certainly be keeping their fingers crossed.</p> <p><em><strong>For more on retail, subscribers can download the <a href="https://econsultancy.com/reports/digital-intelligence-briefing-2017-digital-trends-in-retail/" target="_blank">2017 Digital Trends in Retail</a> report.</strong></em></p> tag:www.econsultancy.com,2008:BlogPost/69124 2017-05-31T10:15:00+01:00 2017-05-31T10:15:00+01:00 The best social stories and campaigns from May 2017 Nikki Gilliland <p>Subscribers can also download the <a href="https://econsultancy.com/reports/social-quarterly-q2-2017/" target="_blank">Social Quarterly Q2</a> for a more in-depth look at all the social media news from the past few months.</p> <h3>Instagram launches face filters</h3> <p>First up is the introduction of augmented reality face filters into Instagram’s Stories platform. </p> <p>Hot on the heels of other Snapchat-style features like slideshows and disappearing messages, the eight face filters allow users to jazz up standard selfies with koala ears, nerdy glasses, and butterfly crowns.</p> <p>Despite the almost-identical nature, early reviews suggest that Instagram’s effort isn’t quite as slick as Snapchat’s, with the filters failing to track user movements quite so well.</p> <p><img src="https://assets.econsultancy.com/images/0008/6424/Instagram_face_filters.JPG" alt="" width="760" height="398"></p> <h3>#Nuggsforcarter sets Twitter record</h3> <p>Early in May, a chap named Carter stole Ellen DeGeneres’ crown for the most-retweeted Twitter post of all time – all in aid of his one-man crusade for chicken nuggets. </p> <p>Carter asked Wendy’s how many retweets he would need to win a year’s supply of nuggs, and while he failed to hit the fast food chain’s target of 18m, he still managed to beat DeGeneres’ former record with a total of 3,632,995 retweets to date. </p> <p>Wendy’s has also given into his request for nuggets every day for a year (probably much to the dismay of his doctor).</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">HELP ME PLEASE. A MAN NEEDS HIS NUGGS <a href="https://t.co/4SrfHmEMo3">pic.twitter.com/4SrfHmEMo3</a></p> — Carter Wilkerson (@carterjwm) <a href="https://twitter.com/carterjwm/status/849813577770778624">April 6, 2017</a> </blockquote> <h3>Snapchat’s growth rate disappoints</h3> <p>May saw Snapchat announce its first earnings report since its public IPO. The results were rather disappointing, as the platform reported 166m daily active users in the latest quarter, with a growth rate of just 5%. Its year-on-year growth rate also fell to 36% – down from 48% in Q4. </p> <p>Despite a slump in its growth, Snapchat did report positive earnings of $4.5m from its Spectacles and ‘other revenues’ in Q4 2016. </p> <h3>Dove’s personalised bottles</h3> <p>Dove is usually known for its <a href="https://econsultancy.com/blog/68127-a-closer-look-at-dove-s-anti-sexism-mybeautymysay-campaign/" target="_blank">positive and empowering</a> campaigns, but its latest ‘Real Beauty’ initiative turned out to be disappointingly patronising.</p> <p>The Unilever brand decided it would be a good idea to create limited edition bottles of its body wash, using six different shapes to represent the diversity of women’s bodies. We say no more.</p> <p>On the plus side, the campaign resulted in some genius tweets.</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">thanks dove but i already found a bottle for my shape <a href="https://t.co/asuo1vci0O">pic.twitter.com/asuo1vci0O</a></p> — Carina Hsieh (@carinahsieh) <a href="https://twitter.com/carinahsieh/status/861652635727908864">May 8, 2017</a> </blockquote> <h3>Sweden lists its whole country on Airbnb</h3> <p>It’s not often a country invites you to stay in it for free, but that’s exactly what Sweden has done with its recent collaboration with Airbnb.</p> <p>In celebration of the ‘Allemansrätten' principle – a law that allows people to roam freely in nature – VisitSweden listed itself on the accommodation site in order to raise awareness of the country’s rugged natural beauty and freedom.</p> <p>You can read more about why the <a href="https://econsultancy.com/blog/69109-why-visit-sweden-and-other-tourism-boards-are-teaming-up-with-airbnb/" target="_blank">tourism board partnered with Airbnb here</a>.</p> <h3>Evian babies take over Snapchat</h3> <p>The end of the month saw the return of the Evian babies, with the ‘Live Young’ campaign this time transferring from television screens to digital, out-of-home, and social media channels.</p> <p>The campaign shows the babies wearing oversized grown-up clothes, encouraging adults to remain young at heart. It also includes a Snapchat filter which is set to launch in the next few weeks, but that is already available via a Snapcode on millions of Evian bottles.</p> <p><img src="https://assets.econsultancy.com/images/0008/6422/Evian_babies.JPG" alt="" width="630" height="561"></p> <h3>#StatusOfMind report reveals best and worst platforms for mental health</h3> <p>Also this month, The Royal Society for Public Health published a survey on the impact social media channels has on young people's mental health.</p> <p>The results suggest that Instagram has the worst impact, with respondents reporting a negative influence on body image, loneliness, and fear-of-missing-out. In contrast, YouTube was rated the best, ranking highly for its sense of community and access to emotional support.</p> <p><img src="https://assets.econsultancy.com/images/0008/6421/Mental_health_report.JPG" alt="" width="770" height="135"></p> <h3>Walkers Crisps campaign backfires</h3> <p>Finally, a spectacular Twitter fail to end the month, as Walkers Crisps inadvertently featured the faces of notorious criminals in its latest campaign.</p> <p>For the chance to win Champions League Final tickets, users were asked to tweet selfies to be shown in an animated video featuring ex-footballer Gary Lineker. </p> <p>As well as blindly trusting football fans, the brand also made the rookie mistake of automating the competition, meaning that the faces of criminals including Fred West and Rolf Harris appeared in public tweets. </p> <p>Cue a hell of a lot of guffawing on social media.</p> <blockquote class="twitter-tweet"> <p lang="en" dir="ltr">There's Gary Lineker with Joseph Stalin. Well done, Walkers. Well done. <a href="https://twitter.com/hashtag/WalkersWave?src=hash">#WalkersWave</a> <a href="https://t.co/7jwMogLOdh">pic.twitter.com/7jwMogLOdh</a></p> — Ben (@Jamin2g) <a href="https://twitter.com/Jamin2g/status/867766729937735680">May 25, 2017</a> </blockquote> <p><strong><em>To learn more on this topic, book yourself on to one of our <a href="https://econsultancy.com/training/courses/topics/social/">social media training courses</a>.</em></strong></p> tag:www.econsultancy.com,2008:BlogPost/69022 2017-05-04T09:57:00+01:00 2017-05-04T09:57:00+01:00 Five fintech websites with crystal clear value propositions Ben Davis <p>So, when you look at the website of a digital-only bank, there is usually a very clear value proposition, with little obfuscation and jargon, one main message and no complex muddle of products.</p> <p>I've rounded up five financial services websites with crystal clear value propositions, to see what incumbents can learn.</p> <h3>1. N26</h3> <p>In case the homepage pictured below leaves you in any doubt, N26 is a mobile bank. The tagline, "Run your entire financial life from your phone", is about as clear as it gets, and N26 makes sure that the calls-to-action on the page ('open bank account') emphasise the ease with which consumers can sign up.</p> <p><img src="https://assets.econsultancy.com/images/0008/5711/n26_mobile.jpg" alt="n26" width="615" height="317"></p> <p>The straightforward language is continued on the bank account product page. "You'll never have to visit a bank again" – this takes what for some consumers is a negative of online banks (lack of branches) and spins it as a positive for the more mobile-savvy consumer who never wants to stand in a queue.</p> <p> <img src="https://assets.econsultancy.com/images/0008/5712/n26_one_account.jpg" alt="n26 " width="615" height="316"></p> <p>N26's homepage is matter of fact in stating the benefits of its accounts. There's little fluffy copy - "Open an account in under 8 minutes, withdraw from any ATM....get realtime push notifications with every transaction."</p> <p>Note that for all of the companies included on this list, images of the mobile interface are a vital part of marketing to their potential consumers. The interface is the product, just as much as the pricing details. Note, too, the lack of lifestyle images of smiling families that one typically sees on incumbent bank websites (<a href="https://assets.econsultancy.com/images/0008/5740/barclays.jpg">here's an image of the Barclays homepage</a> above the fold at time of writing). Objects are captured to show the bank's place within a busy lifestyle (sun hat, passport, keys), but it is the product that inspires trust, not a persona.</p> <p><img src="https://assets.econsultancy.com/images/0008/5729/n26_features.jpg" alt="n26" width="615" height="335"></p> <p>The '8-minute' proposition is rammed home again when the user clicks to open an account, a nice touch to chivvy the user along.</p> <p><img src="https://assets.econsultancy.com/images/0008/5728/n26_signup.jpg" alt="n26" width="600" height="185"></p> <h3>2. Trov</h3> <p>Trov offers on-demand insurance. Here's an instance where images of people are appropriate, with the guitar-playing beach bum a strong indication that this insurance product is not as stuffy as all the others, and befits a roaming lifestyle.</p> <p><img src="https://assets.econsultancy.com/images/0008/5730/trov.jpg" alt="trov" width="615" height="336"></p> <p>Illustrations are used effectively. The message format is second nature to younger demographics and its inclusion here is a powerful indicator of a product that works on their terms.</p> <p><img src="https://assets.econsultancy.com/images/0008/5699/trov_claims.jpg" alt="trov website" width="300"></p> <p>Clicking the 'How it works' button in the top menu gives a very simple light box which demonstrates key features of the app. Once again, this is a very obvious example of a company selling the experience over and above its pricing.</p> <p><img src="https://assets.econsultancy.com/images/0008/5649/trov_slide_2.jpg" alt="trov" width="600"> </p> <h3>3. Acorns</h3> <p>Acorns is a micro-investment platform. The website is particularly good at communicating what the app does. That starts with some confident copywriting – 'Automatically invest life's spare change', followed by the assertion that 'anyone can grow wealth'.</p> <p><img src="https://assets.econsultancy.com/images/0008/5701/acorn_life_spare_change.jpg" alt="acorn" width="615" height="339"></p> <p>Acorns is very good at explaining how the app works, breaking the process down into three steps. The screenshot below shows the advantage that such focused apps enjoy over competition that provides multiple bespoke services – Acorns is able to distill down its proposition. Clarity is one step away from transparency, giving the consumer confidence. </p> <p><img src="https://assets.econsultancy.com/images/0008/5702/acorns_connect.jpg" alt="investing" width="615" height="342"></p> <p>Security is one marketing message that new fintech players have to convey, where incumbents can perhaps rely on their reputation as safe places for your money. Acorns' website addresses this issue, stating its 'serious security' credentials, including its membership of the SIPC.</p> <p><img src="https://assets.econsultancy.com/images/0008/5703/acorns_security.jpg" alt="security acorn" width="615" height="327"></p> <p>The $1/month pricing is attractive, offering little barrier to virgin investors, and the Acorns website lists exactly what such a modest fee gets you.</p> <p><img src="https://assets.econsultancy.com/images/0008/5704/acorns__1.jpg" alt="acorn" width="615" height="334"></p> <p>Lastly, I was impressed by the educational content on the Acorns website, designed to make sure its target customers do not feel out of their depth. There's a particularly good <a href="https://youtu.be/zWftVEaTNJg">explainer video</a> (clickable, too) and an FAQ-style section with some very simple questions answered, such as 'what is an ETF?'</p> <p><img src="https://assets.econsultancy.com/images/0008/5700/what_acorns.jpg" alt="acorns content for beginners" width="450"> </p> <h3>4. ClearScore</h3> <p>ClearScore is one fintech company that is synonymous with clarity and great UX. Its homepage is probably the best and clearest value proposition in the sector.</p> <p>ClearScore uses the language of enfranchisement – 'your credit score <em><strong>should</strong></em> be free'. And powerfully declares 'Just free. Forever'. This proposition had a big effect on the competition, which followed suit in offering a free score.</p> <p><img src="https://assets.econsultancy.com/images/0008/5742/clearscore_home.jpg" alt="clearscore" width="615" height="307"></p> <p>Compare ClearScore to incumbent Experian, which looks pretty similar but notably includes much more information to try to assert its trustworthiness and functionality. ClearScore lives up to its name with a website that appears to exist simply to show the consumer their credit score, which is exactly what they want.</p> <p><img src="https://assets.econsultancy.com/images/0008/5743/experian.jpg" alt="experian" width="615" height="339"></p> <p>ClearScore even dares to declare its credit report beautiful. Again, the company is appealing to the part of the consumer that is fed up with wading through financial guff.</p> <p><img src="https://assets.econsultancy.com/images/0008/5647/clearscore_beautiful.jpg" alt="clearscore" width="800" height="392"></p> <p>The brand tries to be as transparent as possible when it comes to data, spam and risk-free score checking. These values are important to consumers who don't want their score or their inbox to be compromised simply because they are seeking information in order to improve their situation.</p> <p><img src="https://assets.econsultancy.com/images/0008/5646/clearscore_safe_hands.jpg" alt="clearscore" width="800" height="314"></p> <p>Testimonials offer further assurance.</p> <p><img src="https://assets.econsultancy.com/images/0008/5725/clearscore_testimonial.jpg" alt="clearscore" width="615" height="325"></p> <h3>5. Stash</h3> <p>Stash is another investment platform, like Acorns, which promotes small investments and low fees. </p> <p><img src="https://assets.econsultancy.com/images/0008/5723/stash_confidence.jpg" alt="stash" width="615" height="225"></p> <p>Stash uses similar messaging to Acorns but has a bit more emphasis on empowerment, rather than the ease/low risk which Acorns promotes. Stash appeals to a 'new generation' of investors and talks about its 'mission' to give everyone access to financial opportunities.</p> <p><img src="https://assets.econsultancy.com/images/0008/5706/stash_nw_gen.jpg" alt="new gen stash" width="615" height="333"></p> <p>Furthermore, Stash promotes investment portfolios that mean something to the investor.</p> <p>The 'invest in what matters' line is backed up with visuals that represent a range of ETFs, each with their own snappy title (see 'delicious dividends' further below).</p> <p><img src="https://assets.econsultancy.com/images/0008/5707/stash_what_matters.jpg" alt="stash" width="615" height="338"></p> <p><img src="https://assets.econsultancy.com/images/0008/5710/stash_port_2.jpg" alt="stash etf" width="615" height="318"></p> <p>An investment calculator with a slider helps small investors to project the success of their funds over the next 20 years – a powerful motivator to start today. </p> <p><img src="https://assets.econsultancy.com/images/0008/5708/stash_calc.jpg" alt="stash calc" width="615" height="311"> </p> <h3>In summary...</h3> <p>There are some obvious tropes used by these websites, each of which boils down to a focus on UX and transparency. Bold copywriting without too much detail, beautiful shots of the app interface, and calls-to-action to start today are all common place. </p> <p>It's not hard to see how, <a href="https://econsultancy.com/blog/68981-could-established-financial-services-firms-lose-a-quarter-of-their-revenue-to-fintechs/">according to a new study</a> conducted by PricewaterhouseCoopers, established financial services firms could lose 24% of their revenue to fintechs in the next three to five years. As my colleague <a href="https://econsultancy.com/blog/68981-could-established-financial-services-firms-lose-a-quarter-of-their-revenue-to-fintechs/">Patricio Robles points out</a>, fintech startups 'largely don't have to worry about large legacy systems, and their priorities aren't pulled in a million different directions because they don't have a million different lines of business.' This is evident on their websites.</p> <p>Incumbents are fighting back though, with mobile functionality and online services given more elbow room on the homepages of big banks, for instance. As <a href="https://thefinancialbrand.com/64990/digital-banking-fintech-challenger-growth-trends/">reported by The Financial Brand</a>, the incumbents are still in a very good position considering the 'stickiness' of customers in financial services, particularly banking.</p> <blockquote> <p>Challenger banks in the UK face an uninspiring average annual population growth rate (less than 1% over the last five years), and despite efforts to simplify the switching process, the Current Account Switch Service program has seen only 3 million accounts change hands since inception, roughly just 1.1% per year.</p> </blockquote> <p>One thing is for sure, though, those that do switch to new banks, insurers and the like can be fiercely loyal to those companies they see as tech and customer service pioneers. <a href="https://econsultancy.com/blog/68866-monzo-outage-is-it-possible-to-fail-in-a-good-way/">The 2017 Monzo outage</a> proved that even in the face of failure, honesty and simplicity are strong brand characteristics.</p> tag:www.econsultancy.com,2008:BlogPost/69029 2017-04-27T10:54:14+01:00 2017-04-27T10:54:14+01:00 MealPal review: Are Londoners hungry for a lunch subscription service? Nikki Gilliland <p>I was lucky enough to bag a free trial recently, so what’s a girl to do other than write a review about it? Here’s what I thought of the whole process.  </p> <h4>What does MealPlan offer?</h4> <p>Originally launching in New York City, MealPlan is a lunch subscription service that lets you reserve food at a number of participating restaurants. It offers two plans – both of which last for 30 days – £4.79 per meal for 12 or £4.39 per meal for 20.</p> <p>Either way, it guarantees you will pay less than a fiver each time, along with the promise of your lunch being ready and waiting so you don’t have to queue.</p> <p><img src="https://assets.econsultancy.com/images/0008/5644/Flexible_plans.JPG" alt="" width="760" height="396"></p> <h4>Planning ahead</h4> <p>You can use the service through a dedicated app or via the main website.</p> <p>Once you’ve signed up, you will be instructed to reserve your meal between 5pm and 9:30am for the next day. If you miss this time slot, you’ll have to wait until the ‘kitchen’ is open again the following evening. This could prove mildly annoying for some, but I found it quite enjoyable to plan ahead.</p> <p>It’s also handy if you're someone who finds yourself stuck in a food rut. The participating restaurants are listed in a visually-pleasing map format, which you can then filter by specific location or type of food. This means you might come across places you've never tried before - plus it's actually quite fun to browse and see what everyone's dish of the day will be.</p> <p><img src="https://assets.econsultancy.com/images/0008/5658/IMG_4974.PNG" alt="" width="250"></p> <p>It's important to stress that <strong>there is only one choice of meal from each restaurant</strong>. However, this meal changes on a daily basis, meaning that you still get a decent amount of variety over the course of a week. It also helps facilitate the service in the first place, as it means restaurants can produce a higher volume of meals in a shorter time frame when there is no customisation involved.</p> <p><img src="https://assets.econsultancy.com/images/0008/5659/IMG_4975.PNG" alt="" width="250"></p> <h4>Skipping the queue (and deliberation)</h4> <p>Instead of paying more for delivery, MealPal is hoping that consumers will be drawn in by the prospect of paying less to pick up in person – getting one over on the likes of <a href="https://econsultancy.com/blog/68206-ubereats-vs-deliveroo-a-comparison-of-the-app-user-experience/" target="_blank">Deliveroo and UberEats</a>. Unsurprisingly, it heavily leans on the fact that consumers can skip the queue when they arrive.</p> <p>This is one area I was a little dubious about. It’s London after all – surely those already queuing will be less than pleased about people jumping ahead?</p> <p>Having said that, my experiences have so far been pretty seamless. More often than not, I have spotted other MealPal members politely enquiring at the side of counters and merely followed suit. If the company grows in popularity, however, one problem could be restaurants keeping on top of this demand at the same time as satisfying regular customers. </p> <p>Alongside the no-queue element, if you’re an indecisive sort, you might also enjoy the fact that you don’t have to make a decision on the spot. What's more, it means that you can actually spend more of your lunch break enjoying it rather than waiting around.</p> <p><img src="https://assets.econsultancy.com/images/0008/5660/IMG_4976.PNG" alt="" width="250"></p> <h4>Is it worth it?</h4> <p>I generally found there was no skimping on portion-size with MealPal, meaning you'd definitely be paying more if you ordered as a regular customer. You can also leave feedback on factors such as size and speed after each meal, and the app will learn your preferences over time in order to offer suggestions you might like.</p> <p>Overall, there’s no denying that it’s a viable way to save money for those who buy their lunch every day. Of course, success also depends on whether or not you’re guaranteed to use up all your meals within the time frame.</p> <p>This might put off customers from keeping subscriptions for the long-term, with a lack of freedom and repetitive menus being potential bugbears. Also keep in mind that, although most participating restaurants are littered in the City, Soho and Canary Wharf, there are more in some areas than others.</p> <p>Will I be signing up? I could be persuaded to give it a proper go in future, if cancelling membership is hassle-free. It beats going to Pret seven days a week anyway. </p> <p><strong><em>Related reading:</em></strong></p> <ul> <li><em><a href="https://econsultancy.com/blog/68197-which-restaurants-deliver-the-best-mobile-web-ux/" target="_blank">Which restaurants deliver the best mobile web UX?</a></em></li> <li><em><a href="https://econsultancy.com/blog/64445-why-aren-t-restaurants-taking-advantage-of-mobile-search/" target="_blank">Why aren't restaurants taking advantage of mobile search?</a></em></li> </ul> tag:www.econsultancy.com,2008:BlogPost/68938 2017-03-28T14:47:26+01:00 2017-03-28T14:47:26+01:00 How smartphone apps & personal data might reduce the cost of healthcare products Charles Wade <p>Sports brands, like <a href="http://www.nike.com/us/en_us/c/nike-plus/running-app-gps">Nike</a>, moved into the ‘wellness’ tech space early, as they quickly recognized the opportunity inherent within smartphones, utilising native functionality – such as GPS – to provide (often free) apps that offer users exercise regimes or maps to track their morning runs. </p> <p>Alongside goal-setting, fitness apps looked to enhance the experience by partnering with their home screen neighbors, such as Spotify, to combine their features, for example adding ‘Power Songs’ that play when performance dips. </p> <p>Only this month <a href="https://www.engadget.com/2017/03/12/adidas-new-open-digital-fitness-products/">adidas announced</a> that it plans to make its ‘Runtastic’ app an open platform, allowing third-parties to utilize its capabilities in their own apps to further personalize the user’s experience.</p> <p><img src="https://assets.econsultancy.com/images/0008/5083/adidas_runtastic.png" alt="" width="587" height="294"></p> <p>The reason for investing in technology is clear for the aforementioned sports apparel and footwear manufacturers – they hope to remain front of mind for their target market, namely ‘athleisure’ buyers, a segment <a href="http://digiday.com/uk/stretching-global-athleisure-boom-5-charts/">thought to be worth</a> $270bn globally last year. </p> <p>Not only is it a lucrative space, it is an increasingly competitive one where the ‘traditional’ players are under pressure from relative newcomers like Under Armour and lululemon, as well as Topshop (Ivy Park), H&amp;M, and American Eagle Outfitters, all of whom have developed ranges in an attempt to muscle in.</p> <p>At the same time the healthcare industry is spending heavily on apps as it looks to maximise the relationship that people have with their phone (<a href="https://insights.samsung.com/2016/02/24/do-patients-rely-on-mobile-healthcare-apps-more-than-their-doctors/">32% of US consumers</a> had at least one healthcare app on their phone in 2016). As an example: <a href="https://carezone.com/features">CareZone</a> acts as a journal, reminding you when to take medication; <a href="http://www.uptodate.com/home">UpToDate</a> helps students stay informed with medical developments; and the <a href="http://www.redcross.org/get-help/prepare-for-emergencies/mobile-apps">Red Cross</a> offers first aid advice.</p> <p>Incredibly, <a href="https://suite.face2gene.com/technology-facial-recognition-feature-detection-phenotype-analysis/">Face2Gene</a> allows the user to take a photo of their face (via their phone’s camera) and then uses an algorithm to scan it to identify any genetic syndromes.</p> <p>Aside from selling clothes or taking a fee for download or ‘Premium’ services, what <em>is</em> slightly unclear is what developers are doing with the most important aspect, namely the data that they collect. Looking further afield, Uber recently released ‘<a href="https://newsroom.uber.com/introducing-uber-movement/">Movements</a>’, a service which aggregates the information that the company has learnt about riders and their journeys, which it then offers to cities for better town planning. (Was that in the privacy settings?)</p> <p>It does not take a huge leap of the imagination to hypothesize that app developers might pass on the information that has been clocked up by users to insurers or pharmaceutical companies. If so, not only should consumers be alerted to this fact, but there might be an opportunity for them to demand more from this value exchange, above and beyond receiving information without having to wait at the Emergency Room.</p> <p>There are myriad apps that <a href="http://www.apppicker.com/applists/3414/the-best-health-insurance-apps-for-iphone">store insurance personal data</a>, and subsequently let users ‘compare the market’: why not take this a stage further? For example, a 40-year-old woman might share her Nike Run+ app data with her life insurance provider to show that she runs on average 25-miles a week, possibly along with her associated heart rate (and average time). This could be combined with the step counter on their iPhone, used to further detail the level of her fitness by assessing her mobility.</p> <p>Interestingly, <a href="https://www.healthiq.com/affinity/runspeed8minmile">Health IQ</a>, an insurer, has spent heavily recently on programmatic ads, stating: “Special rate life insurance for runners. Runners who can complete an 8-minute mile have a 35% lower risk of all-cause mortality and a 41% lower risk of death from heart disease.” </p> <p>Furthermore, <a href="http://www.runnersworld.com/general-interest/can-runners-save-on-life-insurance">in an article</a> from July 2016 (which also cites HealthIQ) Runner’s World explains how the US insurance provider <a href="http://www.johnhancock.com/">John Hancock</a> introduced a plan with discounts “of up to 15%” to those customers who meet exercise targets “measured by fitness trackers”. This is a good start for those people who workout.</p> <p><img src="https://assets.econsultancy.com/images/0008/5084/lifeinsurancead.jpg" alt="" width="578" height="368"></p> <p>Alongside the data above, could our runner submit her weekly online grocery order – that contains fruit and vegetables and low sugar items – evidence of a healthy diet that could also be used as a bargaining chip to reduce insurance costs. </p> <p>Again, John Hancock has implemented this, to a degree, through its ‘<a href="https://www.jhrewardslife.com/">Vitality Program</a>’, which rewards policy holders with points, redeemable at Whole Foods, Hyatt, and others if they can show a history of prudent eating. </p> <p>This is certainly commendable, but it does require the individual to have a relationship with that provider and the perks are only available at pre-determined vendors; those who remain fit and healthy might <em>possibly </em>prefer to use the information to reduce their premiums and buy whatever they like (such as new sneakers). </p> <p>Tech alone cannot determine the exact state of someone’s health. Indeed, people would need to continue to have medicals and routine check-ups to assess their overall state (until, that is, there’s an app for that too): however everyday activities should be seen as a tool for consumers to obtain services that are befitting of the condition they keep themselves in.</p> <p>This is timely for US consumers, given the long-term uncertainty around the <a href="https://www.healthcare.gov/glossary/affordable-care-act/">Affordable Care Act</a> (recent climb-down notwithstanding). Millions of Americans pay significant sums for insurance coverage; above and beyond the impact on their health, the invaluable mine of data that apps contain should be used to positively influence their wallets too.</p> <p><em>For more on this topic, read:</em></p> <ul> <li><a href="https://econsultancy.com/blog/68851-six-ways-digital-is-changing-the-pharma-healthcare-industry/"><em>Six ways digital is changing the pharma &amp; healthcare industry</em></a></li> <li><a href="https://econsultancy.com/blog/68346-new-data-shows-why-digital-is-now-critical-to-pharma/"><em>New data shows why digital is now critical to pharma</em></a></li> </ul>