If you can't beat 'em...

Rusty Warner

Yesterday SAP formally launched its hybris Marketing Solution, hailing it as “the industry’s first contextual marketing platform.” Customers will welcome the new functionality, which SAP has highlighted in roadmap presentations during the past year.  Claims of being first-to-market, however, fall short. First to offer an analytics suite for marketers? SAS Institute may disagree. First to leverage marketing analytics with eCommerce? IBM may challenge the claim. First with an enterprise customer data management platform? Teradata has offered data-driven marketing for years. First to integrate marketing with sales and service? Oracle and Salesforce.com may have differing views. Even marketing vendors that SAP lists as launch partners – Adobe and Marketo – would likely disagree with SAP’s first-mover claims, for both B2C and B2B environments.

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Forrester's China Summit For Marketing Leaders: Connect, Engage, & Deliver To The World's Most Digitalized Consumers

Bryan Wang

In the age of the customer, marketers face three acute strategic and operational challenges: how to powerfully and consistently connect with distracted, empowered customers; how to deeply engage with customers once you make that connection; and how to consistently deliver on customer obsession throughout your organization. In China, this is even more critical and challenging for marketing leaders, as they face the most digitalized and mobile consumers in the world — 90% of the metro Chinese online adult population used a smartphone as their primary phone in 2014, according to Forrester’s Consumer Technographics® data. At the same time, China has emerged as the world’s largest eCommerce market, estimated at $440 billion in 2014 and expected to grow at a compound annual rate of 19.9%, topping $1 trillion by 2019.

With this in mind, we are kicking off our third annual Summit for Marketing Leaders in Shanghai on March 25, 2015. The agenda will focus on real-world solutions to each of these critical challenges — taking into consideration the China context, where traditional retailers and brands are far from prepared for the age of the customer, and emerging digital service and platform providers are actively disrupting businesses.

Our program will deliver outcome-oriented analysis and advice, driven by Forrester’s latest research and detailed case studies from industry leaders in China and around the world. Learn how to:

  • Master the key concepts and skills for brand leadership across the age of the customer.
  • Create seamless brand experiences across the digital and physical divide.
  • Lead a customer-obsessed marketing organization.
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Join Our 2015 Digital Experience Delivery Survey

Anjali Yakkundi

Mark Grannan, Ted Schadler, Stephen Powers, and I recently launched our annual survey on delivering customer-facing web and mobile initiatives. If you're someone who is involved in delivering your firms web and mobile experience, we'd love to have you participate in this survey. If you're a vendor or services firm, we encourage you to circulate this survey to your customers or prospects! 

What do we hope to explore in this survey? Some of the questions we’d like to get answers to include:

  • What projects (if any) you have planned for this year.
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We're Hiring: Analyst Serving eBusiness & Channel Strategy Professionals, Amsterdam Or London

Benjamin Ensor

We are looking for a new analyst or senior analyst to join our eBusiness and channel strategy team, based in either London or Amsterdam. We're looking for someone with an analytical mind, good communication skills, a clear perspective on the future of digital financial services, and experience of the complexities of retail financial services and of different European markets to help our clients make great business decisions, shape their firms' strategies and lead change. 

If this sounds like you, or like someone you know, please see the full details in the job description.

Mobile World Congress 2015 Promises Greater Focus On Use Cases Away From Technology Obsession

Dan Bieler

Once again, the mobile world is getting ready for the most important mobile event of the year, the Mobile World Congress (MWC), which will take place in Barcelona from March 2 to 5. In my role as analyst with a focus on CIO requirements, I expect the following themes to dominate this year's show:

  • Everybody will talk about data — and many about data privacy. The long-anticipated marriage between big data and mobility is finally happening. I expect just about every vendor at MWC will claim a stake in these mobile data wedding arrangements. However, many big data business models remain building sites, and it remains far from clear which players will benefit via which types of business models. The growing awareness of regulatory constraints on the use of customer data as well as what the Financial Times recently called the "creepiness quotient", i.e., hyper-personalized advertising, further complicate a convincing business model for mobile analytics on a mass scale. Despite all the hype, mobile data is one of the must-focus areas for CIOs who attend MWC.
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Announcing Forrester’s 2015 B2C Global Commerce Service Providers Wave

Adam Silverman

Global Commerce Service Providers

Today’s technology-immersed customers have high expectations when it comes to the retailers they engage with. Not only do they expect their retailer of choice to offer an endless array of products that can be fulfilled from any location within the enterprise, they also expect a more fulfilling and connected experience both online and in the store.  In order to meet these higher expectations, organizations that sell directly to customers must pivot to become digital businesses, and this transformation requires them to double-down on their investments in people, process, and technology.  As the complexity and importance of commerce technology swells
B2C organizations are increasingly seeking out the help of Global Commerce Service Providers to not only implement commerce technology, but to help their organization refine business processes and create innovative omnichannel experiences. 
 
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Video Consumption Behavior -- Corroborating Evidence

Jim Nail

Sorry for that rather legalistic/nerdy headline. As I mentioned in my last post, Forrester's data on Making Sense of New Video Consumption Behaviors stimulated a discussion of methodologies, and particularly the challenges with our self-reported survey methodology. I agree, this approach has some flaws, as does any research methodology. That's why we're trained here to look for multiple data points and then to interpret them to give as accurate a view as we can of what's happening in the market.

So I just came across an article that I had read while I was writing that report which provides additional evidence. In it, NBC Universal's AlanWurtzel describes the digital viewing numbers they are beginning to provide, using behavior data from Nielsen, Rentrak, Omniture, and Hulu. These numbers point in the same direction, and perhaps point to even larger changes than Forrester's data indicate.

The article cites numbers for two shows, on a live-plus-seven-day basis. For The Blacklist, digital viewing accounts for 17% of the total viewership, while digital views are 37% of Parks & Recreation's total.

These data sets and NBC's methodology have their own gaps and weaknesses, no doubt. But I believe that is a matter of degree, not direction. These numbers -- and Forrester's -- don't have the degree of precision needed for the currency of the TV market, but they clearly indicate that a significant change is happening in consumer viewing behavior that advertisers need to factor into their planning. 

Is Big Data Enough? (Ramping Up For Strata In San Jose)

Brian  Hopkins

I’m ramping up to attend Strata in San Jose, February 18, 19 and 20th. Here is some info to help everyone who wants to connect and share thoughts. Looking forward to great sessions and a lot of thought leadership.

I’ll be setting aside some time for 1:1 meetings (Booked Full)

[Updated on 2/17] - I have set up some blocks of time to meet with people at Strata. Please follow the link below to schedule with me on a first come basis.

meetme.so/BHopkins_1on1_20Mins

[Update] - I booked out inside 2 hours...didn't expect that! I may open up my calendar for more meetings but need to get a better bead on the sessions I want to attend first. Shoot to catch me at breakfast, will tweet out when I'm there.

I’ll be posting my thoughts and locations on Twitter

The best way to connect with me at Strata is to follow me on Twitter @practicingea

You can post @ me or DM me. I’ll be posting my location and you can drop by for ad hoc conversations as well.

I’m very interested in your point of view - data driven to insights driven

I am concluding very quickly that “big data” as we have viewed it for the last five years is not enough. I see firms using words like “real-time” or “right-time” or “fast data” to suggest the need is much bigger than big data – its about connecting data to action in a continuous learning loop.

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The Future Of Mobile Wallets Lies Beyond Payments

Thomas Husson

Apple Pay makes up more than $2 out of $3 spent on purchases using contactless payment across the three major US card networks. I agree with my colleague Sucharita Mulpuru that this is likely a big chunk of a small pie, considering the lower maturity of the mobile contactless ecosystem in the US. It's always better to look for absolute value. In this regard, PayPal processed $46 billion in mobile payment volume in 2014, up 68% over 2013.

Should marketers care about mobile wallets? Yes. Mobile wallets are not just about mobile payments. Consumers want a better shopping experience. Offering faster or more-secure payments is not enough; wallet providers will have to solve real pain points, such as giving consumers the ability to see what’s on stored value cards at any moment in time, access loyalty points, or automatically receive digital copies of payment receipts. In particular, 57% of US online adult smartphone users are interested in having access to loyalty program points and rewards within a mobile wallet. Access to loyalty rewards from brands is the most wanted feature from consumers, and it's the one least integrated in mobile wallets today.

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Black Friday Plagues the 2014 UK Holiday Sales Season

Michelle Beeson

Black Friday has been a constant feature in the postmortem of the 2014 UK holiday sales season. It has gradually extended its influence across the Atlantic over the years; despite having no cultural significance outside of the US (Black Friday is a sales day that traditionally follows the US Thanksgiving holiday). Retailers in France, Germany and Spain tested the waters with Black Friday promotions in 2014. But it was in the UK where Black Friday sales surged to new heights.

UK retailers who embraced Black Friday reported massive sales uplift on the day. Department store House of Fraser recorded a 125% increase in year on year sales while Very.co.uk saw orders jump 134% compared to Black Friday 2013.Yet, for most, this uplift did not translate to an overall sales increase or the holiday season.

Our new report "Black Friday: The Sales That Stole Christmas", written with my colleague Martin Gill, evaluates the impact of Black Friday sales in the UK holiday season 2014, foretelling what is on the horizon for the rest of Europe as:

Black Friday Has Changes The Cadence Of Holiday Sales. Black Friday has arrived in the UK with a bang, but for most eBusiness executives it hasn’t driven a massive sales uplift. Instead, it’s pulled customer purchasing forward in the holiday season, leaving like-for-like sales reasonably static.

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