Red Monkey's shortlist for e-commerce success

Post on 29-Oct-2014

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Tim Devits, Eigenaar Younify BelgiumWhat has the ability to change the world but can not be touched, felt or seen? It doesn't exist but it's unmistakably present in the head of it's creator: an idea. In this case the idea is to create a successful e-commerce business. Starting from physical or zero to virtual is a radical process of innovation that will confront you with both turbulence and resistance. During this class we will apply Jef Staes' innovation theory to the creation of a successful digital commerce. Caution: you could become the next Red Monkey!

Transcript of Red Monkey's shortlist for e-commerce success

Red Monkey Shortlist to e-commerce succes

Eshop Expo 2012Tim De Vits

Younify as a company E-commerce Challenges Red Monkey Innovation

During this session…

2007 – Focus on Magento Netherlands (HQ), Belgium,

Serbia Team of 16 people 100+ shops Magento Community, Enterprise Design, Conversion, Marketing

Younify

Younify

www.amnesty.nl

Recent success stories

• Amnesty wanted more control and flexibility with respect to their online sales.

• Link Administration• 250 orders/day

www.mymiller.nl

Recent success stories

• Magento webshop with 1.200.000 possible chair configurations.

www.babyentiener.nl

Recent success stories

• Baby industry: pregnancy, for newborn babies, infants and teenagers.

• 100+ orders/day.

www.yumeko.nl

Recent success stories

• Home Shopping Award winner. (Thuiswinkel awards)

• Big Boys• Economics of scale• Global competition• High-tech• Innovative destruction @

warpspeed

The Challenge

The Challenge

• Top end platform• Superior hosting• Rich Data• SEO• SEA• Linkbuilding• Social media• Augmented reality• RMA

The Challenge: Default package

• Profile enrichment• Checkout process• Logistics• ERP integration• Custom Design• Payment solutions• CRM• Smooth navigation• …

The Challenge: Default package

The Challenge: Benchmark is high!

You need to compete with top end technology!

How?

The Challenge: Top end specs!

• My Organisation is a jungle, 2007

• Achitect learning, innovative companies

• Continuous improvement -> Continuous innovation

• Conversion: creativity -> innovation

Red Monkey – Jef Staes

Red Monkey – Innovation

Settlers

Followers

Pioneers

Creators

External environment

Red Monkey: Innovation Engine

IE

idea

concept

implement

evaluate

Red Monkey: Breed Red Monkeys!

E-commerce: People

E-commerce: People

« There is no replacement for cubic inches »

« There is no replacement for social interaction »

E-commerce: People

Let your « real » people interact with your online customers.

E-commerce: People

people interaction action

E-commerce: People

Sales

People

Auto

Combine automation with real people interaction

E-commerce: Abandoned Cart

E-commerce: E-Compentence

Excellent

Moderate

Poor

E-commerce: E-Compentence

Excellent

Moderate

Poor

E-commerce: E-Compentence

Excellent

Moderate

Poor

E-commerce: E-Compentence

Excellent

Moderate

Poor

• Specific group training program

• Reconversion job content• Stimulate adopting new

technology• New hires

E-commerce: Human Resources

E-commerce: Train your troops!

• Operators: E-commerce support

• Builders: SEO content• Agents: Social media• Moderators: Blogs• Copywriters: Online catalog• Actors: Youtube

E-commerce: Human Resources

Implement innovation engine

Facilitate Red Monkey breeding

Upgrade e-competence Deploy real people

interaction in online sales process

Red Monkey Shortlist