Boost online conversion with Live Chat!

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A presentation I gave at the Online Retail Conference in Sydney, August 2013. Live Chat is coming to Asia and it is going to transform your business!

Transcript of Boost online conversion with Live Chat!

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Let’s get engaged

Online Retailer: August 19-22, 2013

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Speaker

● Andy Farquharson• VP Asia Pacific, LogMeIn

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© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Let’s get engaged!Build loyalty and boost business by enabling human-to-human

connections in a digital world.

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Agenda

Why live chat?

What can you expect?

How do you succeed?

…..questions

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

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© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Why live chat?

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the research doesn’t lie…..

49% trust a website more if live chat is available

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

53% prefer to shop at sites where live chat is available

38% of Australian shoppers have engaged with live chat before

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The trend is changing

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

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The trend is powerful

Penetration in Australia is expected to double in three years

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Increase their likelihood to purchase

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

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It’s worthwhile courting chatters

● Improved web experience & performance• 60% more efficient than phone

• 78% more efficient than email

• 50% reduction in cart abandonment

● Great demographics• college educated

• 25 – 49 years of age

• shop online and spend more

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© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

What can you expect?

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By the numbers

7.5X more likely to purchase

50% increase in sales completion rates

15-20% increase in average order value

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

training costs reduced by 3X

cost vs. phone calls are 10-20%

cart abandonment rates 50%

Case Studies

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

20xmore likely to convert

20%lift in sales

20%In AOS

700%return on investment

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Case Studies

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

“provide more detailed information consumers need in a

very concise and customized matter.”

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Case Studies

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

65%of chatters buy

23%increase of chats

44%increase of sales

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© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

How do you succeed?

just like SEO, SEM….

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

just like SEO, SEM….

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

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Implement, test, and learn

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Make it realHuman interaction is required

Offer emailWhen chat isn’t available

24/7 preferredIf not, publish hours

59% accept pro-activeTiming is key!

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Quiz time!

Which chat button do shoppers like best?

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Quiz time!

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Where is the best place to put chat?

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Quiz time!

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Answer chats in under ____ seconds to

satisfy customers?

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Quiz time!

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

How many chats can the average agent handle?

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Quiz time!

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

How many chats can the average agent handle?

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Rely on BoldChat

● Complete administrative control

● Multi-channel approach

● Scalable and affordable

● VIP support

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

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© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Conclusion

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Be Bold

● Why live chat?• 12% of shoppers want it and that number is growing.

• You’ve got a chance to get ahead of the curve, and your competitors.

● What can you expect?• Sales will go up by 20%

• Average order value will go up

• Costs will go down

• Customer Satisfaction will go up

● How do you succeed?• Start now and learn how to optimize.

• Follow known best practices.

• Ask for help when you need it.

© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

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© 2013, LogMeIn, Inc. | The Capability Cloud TM CONFIDENTIAL - FOR INTERNAL USE ONLY

Questions?