Essentials Magazine Essentials Summer 2019 | Page 34

Omnichannel Marketing 1. Switching from one channel to another should be seamless. When a customer clicks on a Face- book ad that promotes a 20% off sale of back to school décor, the link should direct them to the webpage that displays the right products at the sale price. Many ads will direct the shopper to the homepage. It is time-consuming and frustrating for the shopper to try to find the sale items. They will likely give up without making a purchase. 2. Price consistently across channels. Shoppers expect a certain level of transparency, especially in pricing. Loyalty requires trust and when shoppers see different prices in a catalog versus online, they lose faith that they are getting a fair deal. 3. Encourage cross channel shopping. If the information is presented well, this can only help make sales. Consider a shopper in a store needing more information on a product – maybe a different size they can’t find on the rack, or the specs for an electronic toy. Ideally, in-store signage directs them to the merchant’s website to find the information. Without direc- tion, shoppers will search elsewhere (ahem…Amazon.com) for the infor- mation and end up purchasing there instead. Offering channel choices helps to keep shoppers from straying. 4. Offer flexible fulfillment options. Services like drop ship or buy-online-pickup-in-store ensure items are where shoppers want them when they need them, however, great care must be taken to execute them properly. If items are ordered in the store for drop ship, the shopper should be able to buy in-store and drop ship items in a single transac- tion. If picking up an online item in store, pick up location signage should be clear when they enter the store and the pickup counter should be staffed so customers aren’t wandering the store not knowing where to go or waiting while their items are located. 34 essentials | summer 2019 The final focus area includes two operational practices that are critical to an effective omnichannel strategy. The first and probably most important practice is inventory accuracy. A big goal of an omnichannel strategy is to allow shoppers to buy where they want and when they want. That means the item must be available. If it’s not, it is better to not offer the item at all than to allow a shopper to place an order only to receive an email that the item is out of stock and the order has been cancelled. This is the fastest way to cause frustration, get a negative review, and lose respect. The second operational practice that heavily influences customer experience is returns. Return policies should be visible, simple, and flexible. Ideally, returns should be accepted anywhere regardless of the point of purchase. While out of stocks are frustrating, easy returns can create lifelong customers. Customers love to rave about how easy a return policy is, giving others more confidence in making a purchase. To top off this omnichannel con- versation, I want to point out common omnichannel killers – those mistakes that will doom an omnichannel strate- gy before it even begins. • Not believing that every touch- point matters. They all matter! Like a house of cards, one poor experience can cause the whole strategy to fail. Even if 90% of everything is done right, shoppers are most likely to remember the 10% that was wrong, especially if it falls into one of cate- gories described above (inconsistent pricing, out of stocks, poor return policy, etc.). • Not bringing in the whole busi- ness. Omnichannel isn’t just mar- keting’s job. It takes buy in from the entire organization to succeed. Product development must provide the right product data, sales and customer service much be cross trained across channels, finance must support omni- channel budgets. Any missing link will be noticed. • Not data driven. It’s impossible to do omnichannel without data. It’s more of a science than an art in that every tactic should be measured to see if has a positive or negative impact on the business. Decisions should be based on research and data, not hunches, opinions, and beliefs. For those that want to be the merchant of choice for omnichannel shoppers, focus on quality not quantity. Think about how omnichannel applies to your organization and rally your team. Gain support and start small. Analyze what you already know (sales trends, product velocity, repeat pur- chases, customer profiles). Choose a couple of channels and create quality experiences. Build shopper personas and develop communication strategies that will speak to those shoppers. Mea- sure your results, tweak, and repeat. Once those channels are performing really well, only then should you add channels, services, or complexity. Overtime, you’ll find that most of your customers are repeat customers… which happen to be the least expensive to acquire! n SHILPA MARANO worked for 12 years in sales and marketing with Sterling Commerce, before being tapped to serve as CMO for omnichannel integration software provider, nChannel, where she led strategy, partnerships, and marketing for five years. In 2018, Shilpa co-found- ed Silver Kite, a consultancy that advises compa- nies on omnichannel strategies including technology selection, market expansion, and capability development.