Business & AI Articles - Page 15 | YOKESEN

INSIGHT YOKESEN

Notes on AI, business execution, and the technology actually used.

Category

Bagaimana Nike Memenangkan Pasar Audiens Digital Lewat Membangun Komunitas
How Nike Wins the Digital Audience Market Through Building a Community

How does Nike reach more than 200 million fans every day in interactive dialogue without having to rely on mega-events like the World Cup?

Nike realizes that their biggest market consists of young people aged between 15 and 25 years, who spend 20% more on #Nike brand sports needs than other age groups. Generation Y customers who are digitally savvy don't pay attention to big media and monologues like TV. They look for brands that offer constant innovation, not just the same old offerings over and over again. Nike realized that it needed a new approach to reach this digital audience.

#Nike's new approach – leveraging #data for #consumerinsights, and creating a diverse, social and engagement-oriented #Digitalstrategy, using a combination of #technology innovation, #dataanalytics and social media engagement to reach this digitally savvy audience, since 2010.

Nike doesn't fight for exposure or attention, and is fully aware that #digitalmarketing is about building conversations, not monologues. Nike decreased its spending on TV and print advertising by 40% between 2010 and 2012 – but continued to increase its marketing budget annually to $2.4 billion starting in 2012.

By moving from the community through Nike #FuelBand, this community creates an incredible volume of data, which Nike uses to track behavior, create an online space for Nike fans, and build meaningful relationships between the brand and its customers.

Nike reaches more than 200 million fans every day in interactive dialogue.
Visit
www.yokesen.com for more insights on how technology helps brands innovate.


Sep 29, 2021

Bagaimana Adidas dan Lulu Lemon Memanfaatkan DTC Sebagai Strategi Digital Commerce Yang Diandalkan
How Adidas and Lulu Lemon Utilize DTC as a Reliable Digital Commerce Strategy

How have brands like Adidas and LuluLemon managed to win the hearts of consumers with #DigitalCommerce Direct-To-Consumer (#DTC) strategies?

More and more #brands are “cutting out the middleman”, and relying on Digital Commerce capabilities rather than offline stores and third-party vendors such as e-commerce platforms.

Apart from shortening the supply chain, the DTC channel benefits these brands by embracing #technological innovation for specifically, access to user data for both individuals and demographic groups. In other words, it is the DTC strategy that opens the door to a level of personalization that allows for smarter recommendations and a wider range of products.

DTC literally provides direct access to communicate with consumers through various channels. By looking at #consumerbehaviour digitally, Adidas is able to carry out targeted product offers, personalized promotions, and #loyaltyprograms websites using this #technology with a commitment to generating customer loyalty. One of Adidas' ways is to host ads on Snapchat, so it can interact directly with consumers on a daily chat level.

While the LuluLemon brand leverages #mobileapps on-demand personal trainers adding a new dimension that engages a new user base just like Nike does. And like Nike, the new app channel has equipped LuluLemon with customer data that allows them to communicate more deeply with consumers to optimize pricing.

Sep 29, 2021

Strategi Customer Retention Yang Berangkat Dari Keluhan Konsumen Saat harus Terjadi Retur Barang
Customer Retention Strategy Starting from Consumer Complaints When Goods Are Returned

Did you know that 75% of buyers consider the return process to be the most painful part of online shopping?

That's why good customer experience management is expected to go far beyond what consumers see in your digital and offline storefronts throughout the customer journey cycle. But, the return process doesn't have to be a point of frustration for your customers. With the right processes and technology, it can actually become a point of customer retention.

How?

1. Provide a fast, easy and online digital platform!

An online self-service goods returns page is a must-have on every digital commerce website. And the returns process page should make it easy for customers to see how much will be refunded for each item they return and allow them to provide feedback about the reason for the return. This allows you to collect data for your team about the reasons for returns (size issues, does not match the description, etc.)

On the other hand, your consumers will feel heard in submitting any complaints. Feedback regarding returned goods can help you improve the quality of service and prevent unnecessary returns from occurring in the future.

2.  Digital solutions such as consolidated e-commerce dashboards such as CED (Consolidated Ecommerce Dashboard), will make it very easy for you to track every point of consumer interaction with your business. And every obstacle and problem that results in the return of this item will be easy to track and repair.

Read more about
how technology can help businesses create customer retention management systems which is important and necessary. 


Sep 29, 2021

Merebut Hati Konsumen Dengan Pengiriman Lebih Cepat Kemanapun
Win Consumers' Hearts With Faster Delivery Anywhere

Tighter competition, increasing product choices among branded products, be it electronics, fashion, home furnishings or foodstuffs, efficient e-commerce logistics management is the only way to continue to meet market demand and be sustainable profitably.

The key is to optimize the process by making it possible to supply stock to multiple warehouses rather than just keeping it in one warehouse to fulfill all online orders from any city. This strategy can occur only when various separate systems are integrated into one.


The role of ecommerce enablers is in marketplace integration, multiplatform integration, payment gateway integration with the ultimate goal of data integration into one dashboard that makes it easier for businesses to make decisions. Winning customers in a tight competitive environment will require any business to compete to win the hearts of consumers by processing deliveries as quickly as possible.


Data shows that 96% of consumers are willing to pay more for faster delivery or identical same day delivery


How can businesses (and consumers) avoid having to pay high prices for fast delivery?

With marketplace integration utilizing hyperlocal cloud warehouse logistics solutions for businesses and customers, 48% of online shoppers consider guaranteed delivery times as an added value factor when they check out. The cloud warehouse concept based on the sharing economy allows businesses to scale to any size, allowing businesses to be integrated into several systems at once with relatively very low operational costs.

After marketplace integration, businesses can start to think about integrating payment gateways, CRM and utilizing the best delivery route optimization technology for consistent on-time delivery. Optimizing warehouse management and logistics fulfillment will give any business a competitive advantage in any market to benefit from faster delivery.


Also read how Cloud Warehouse is a Fulfillment Solution  and the best customer-centric warehouse.

Sep 29, 2021