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Technology helping brands improve the customer experience

Category Archives: Brands Reaching Customers

In the piece ‘Trying on the Future’ in the weekend’s Financial Times, Fiona Harkin discusses the current and future landscape of web-based retail.

“Consumers are about to be able to shop for anything, everywhere, all the time”, she says. A tall order – but one that can certainly met by retailers who have the right vision and expertise to hand.

In the article, Lynne Murray from Holition warns of a downside to the trend of profiling customers according to what they most recently bought (a method familiar to anyone who’s bought anything on Amazon recently). Murray worries that this may have a negative effect due to a “constant ambush of communication from retailers.”

Some of the more aggressive consumer targeting online could indeed end up the web equivalent of being chased down the High Street by an over-enthusiastic shop assistant shouting “You liked this, so you might like this.”

But retailers as well as consumers are becoming much more sophisticated thanks to the opportunities the Internet is opening up for them. At Quantiv we believe that those retailers who will make the most success out of online retail will know all about what customers want and be savvy enough to make the online experience truly consumer-centric and truly engaging.

 

Our client Matches Fashion‘s online activity has really been causing a positive stir in the fashion consumer press recently.

In the Sunday Times Style Magazine, Claudia Croft says: “Matches … is applying what it has learnt from its successful webiste across the brand, and the latest innovation is a private shopping service that takes the persoanlised experience to the nth degree.”

At Quantiv we’re proud to work with Matches Fashion on their innovative online activity, and if things learned from web retail can be helpful across all consumer relations, even better.

Croft finishes her article with a resounding pat on the back for Matches that echoes Quantiv’s modus operandi around online retail activity: “that is where the future of shopping truly lies – in tailoring an experience to fit the customer’s life.”

At Quantiv we recently worked with the teams at JustGiving / Vodafone’s free text donation service project and launch – a first for the UK – using our Quantiv Commerce Platform to deliver the required services.

Dozens of organizations, including Cancer Research UK and the Anthony Nolan Trust, have already signed up to the service, which has no set-up charges or running costs for registered charities, who receive 100% of the amount donated as well as Gift Aid where applicable.

The free text donation service helps make donating relevant and easy for the new generation of technology-savvy consumers for whom mobile communications have fast become their modus operandi.

Anne-Marie Huby, Managing Director of JustGiving, has called the development “game-changing for the UK’s charities.”

Here at Quantiv we’re proud of our technology and the added relevance it brings to our clients, not least when our platforms are helping harness individuals’ philanthropy for the benefit of deserving causes.

 To find out more, visit www.justtextgiving.co.uk.

Fashion bible Drapers runs an article this week about Quantiv’s work for Matches Fashion

 

 Beleaguered ‘nation’s sweetheart’ Cheryl Cole has been auctioning off 11 of her renowned party frocks for charity via ASOS Marketplace. Monies raised from the ‘lowest unique bid’ auction will go to the Cheryl Cole Foundation to help disadvantaged young people in the North East as well as Prince’s Trust projects.

It’s a smart move – Cheryl’s capitalizing on her popularity amongst young women in this country combined with her penchant for dresses to raise funds for a good cause – and the Internet is the tool empowering it. Another great example of online communications enabling philanthropy in a really fun way. 

 

Fast Company magazine in the US has named its Top Ten Most Innovative Companies in Retail.

Groupon heads the list, with Marks & Spencer getting the bronze medal. Usual suspects Amazon, eBay and Apple are also up there.

It’s interesting that although the accolade is for ‘most innovative’ companies in retail, those that top the list are certainly those that pay close attention to what customers want, stay ahead of the curve as far as technology is concerned, and create ‘customer communities’ online that feel welcoming, inclusive and appropriate – including when former offline customers of the brands venture online, as in the case of M&S.

The ultimate ‘retail innovation’ awards would, of course, be judged by the users (customers) themselves, but in the meantime Fast Company are doing a great job celebrating those brands that do well by serving customers well.

Sometimes it’s a really great feeling to found out that you’re in pretty good company on a given idea.

At Quantiv, one of our guiding principles is that organisations need to change at the same pace as the needs of the market in order to grow and thrive.

This is an idea proposed very eloquently by McKinsey’s director Richard Foster in his report The Pace of Change: Managing in Turbulent Times, and one echoed in his best-selling book Creative Destruction. For Foster, only those corporations that change at the pace and scale of the markets they serve will do well.

The incredible pace of change we’re seeing every day in terms of retail habits, for example, is something we’ve been working hard on with our clients. High Street shopping isn’t what it used to be, now that footfall can be replaced by purchases over the Internet. It can be a frightening world for companies struggling to keep up with consumer behaviour – or a very exhilarating world for companies who relish the challenge of meeting the new opportunities to engage with customers that are opening up all the time.

It’s always been imperative for businesses to understand their customers, but in today’s world it’s a question of staying ahead of customers and their technologies. It’s a case of realising what’s around the corner, and acting fast and smart to meet it head on and capture the new touch point. That’s what we help our clients do, and it’s something we love doing.

As we work on a practical level helping organisations engage with their audiences in an ever-evolving technological landscape, it’s great to be able to look to McKinsey’s and their ilk as well as thinkers including sociologists like Richard Sennett and legal academics like Tim Wu to see what they say about where consumer behaviour is going. It’s a neat coming-together of academae and business – and we’re in good company.

Tesco has launched its Facebook page – see report in Brand Republic: http://www.brandrepublic.com/news/1059694/Tesco-launches-official-Facebook-page. Not mentioned on Tesco’s main home page as yet though.

For an article on how US supermarkets have been responding to the challenge of social media or not, see this piece from www.about.com.