Param Minhas | Meet Joe - Product/Sales Presentation
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Transcript of Param Minhas | Meet Joe - Product/Sales Presentation
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Meet Joe
Joe wants to be a Successful Ecommerce Seller But he faces a few problems ahead…
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Ecommerce 101? Most sellers have no clue how to get started with Ecommerce
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1- As a First Time Sellier
Get stuck when deciding Pricing and Have Poor Product Descriptions.
Description & Pricing ?
Have Products to sell but Don’t know what to sell and what earns them the most ?
What to Sell ?
Who are his Core customers and who is interested in his Products?
Where To Start?
Who does He sell to ?
First time Sellers Face Immediate Barriers
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2- As an Experienced Seller
• His Most Valuable Customers ? • Where are his customers coming from ? • Which Of his products perform better? • His Most profitable products ( Which may
differ from his highest selling products) • Other Key metrics
In order to grow his business and attract more customers, Joe must know
Find it difficult to grow and acquire customers
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3- Sales Strategy
Does he need one? How exactly does it work?
Sales strategy ?
How to reach the top of his segment ?
How to Scale Effectively? How to reach the top ?
What data to use as the basis of his strategy
How to make one?
How to start scaling your operations & the toolshe requires to aid this.
With no clear Strategy – It Feels like a slow climb to the top
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Competing with The Giants
Big Players Have big resources, How to compete with that with what you have?
How to Compete?
With so many sellers selling the same things, How to stand out from the crowd and offer a better experience
Chinks in the Armour? Brand Loyalty
Help sellers find niche verticals where they still have a chance to flourish and compete
Blue Oceans
How to play in the big leagues and level The field
Access to to what the big players are doing tight and what they aren’t doing right.
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Meet Octo’s Seller Platform2.0
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Automation
ML
WareHousing
Data Analysis
AI
Open Models
Integrations
“Octo-matic is an AI driven Analytics and Automation
Framework which is Open, Scalable and fits on top of your
existing architecture.”
Powered By OCTOMATIC®
Data Structuring
Pipelining
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With Octo you can
Give your sellers A Personal Dashboard
Let Sellers Measure Their Success
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Give your sellers
Detailed reports and analytics Which help consumer understand and win the market he operates in .
Help Sellers Predict Inventory, Sales , profit and Trends for a better management.
Data to Develop Strategy AI Based Predictive Suggestions
Help Sellers become best in their Class by providing a suite of Seller tools.
Resources to reach the Top Tools to know Their Audience
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Benefits to Sellers
Personalization for sellers: proactive, Data driven recommendations to each and every flipkart seller
Personalization
Targeted approach Increases overall checkout and engagement .
More Sales
Automate Processes for a faster and more seamless Experience for Buyers
Automation
Suggested and Predictive Suggestions Bases on Analysis of other top Vendors .
Listing & Cataloguing
Consistent Experiences means Loyal Customers And Ultimately Customers Loyal to You
Build Loyalty Broaden the conversion Funnel and Generate Visibility through Promotions
Visibility A host of Best-in-class Seller tools which help Your store stand out from the crowd .
Seller Tools
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Super Seller Joe
• Loyalty • Acquisition • Behavioural
Segmentation • Tags
• Auto-Emails • Brand Health • Multi-Channel • Campaign Optimizations
• Determining Customer LTV
• Revenue Forcasting • Trend Analysis • Product
Recommendations
• Stock Updates • Product Pricing • Fulfillment Decisions • Performance Reports
Power your sellers with Super-Analytics
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Stop Paying for surface level tracking! Own an In-house Complete Enterprise Analytics suite
ANALYSE YOUR DATA : IN-HOUSE ANALYTICS
Own your Data! Schematize your data so it is ready to be plugged into higher aiml arch. Keep all data on your own servers,
STRUCTURE & STORE YOUR DATA : WAREHOUSING & SCHEMING
Your own in-house Segment. Send and receive data to numerous marketing and analytics suites
SEND & COLLECT DATA : DATA BEACON
Automatic reports, Automated Notifications, Intelligent news feeds and much more.
MAKE DATA WORK FOR YOU : AUTOMATION & ML
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How it works
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Octo – Applications
Use Your own Data and Intelligence to
Drive results
Predictive Analysis • Predicting consumer Behaviour • Predicting consumer Purchases
Managing Supply Chain • Supply chain intelligence • Real time communication between different stakeholder
Personalization • Provide proactive data driven
recommendations to every seller on your platform
• Increase ROI by up-to 10 times.
Customer Experience • Analyze Buying Patterns • Seamless Checkout • Optimized customer Calls
Pricing • Real time pricing of millions of SKU’S • Personalized Pricing alerts for every
vendor.
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Brand loyalty & Retention • Supply chain intelligence • Real time communication between different stakeholder
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Benefits of Octo + Flipkart
Completely Open source and Built from the ground up for scale.
Scalability
Increase your Retention and Engagement and Drive revenue.
Revenue
Own Your Data And use it as a a strategic advantage
Ownership
Modular Architecture; Can Use what you need and easily Upgrade the capabilities as and when required .
Flexibility
Save thousands of dollars of monthly spent on 3rd party software
Low Cost
Keep all your data at a centralized, secure location and use octo to heal and fix anomalies.
Data Protection & Self Healing
Why Octo ?
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Octo Modules
• Loyalty • Acquisition • Behavioural
Segmentation • Tags
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• Shelf Space Optimisations
• Product Pricing • Store Location • Decisions
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• Segment of one • Brand Health • Multi-Channel • Campaign Optimizations
• Detecting Fraudulent Activity
• Schematizing Raw Data
• Detecting Store theft
• Determining Customer LTV
• Revenue Forcasting • Trend Analysis • Product
Recommendations
• Inventory Planning • Demand Forecasting • Product Flow
Optimisation
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Metrics you Can Track
Visitors
Views
Referrals
Bounce
Keywords
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Items in virtual cart
Customers Past Purchases
Items Liked & Rated
Items in Virtual Shopping carts
Web Operational Exit/Churn
Bounce Rate
Page Analysis
Session Length
Mouse Tracking
Keywords
Revenue
Frequency
Demand
Logistical analytics
Anticipation Tracking
Transactional
Engagement & Conversion
Analytics Your Business Can Measure With Octo
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• Arrange the homepage according to buyer History
• Measure the increase and difference
• Session metrics- Increase in number of visits
• Search Analytics • Different Flow from Search • Cart conversion
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Buyer Analytics
Analytics For Home Page Analytics For Search Product Recommendations
• Hybrid Systems- Mix of content, collaborative and AI filtering
• Consumer analysis to give unique highly personalised recommendations.
• Determining Customer LTV
• Revenue Forcasting • Trend Analysis • Product
Recommendations
Analytics Of Buyers
• Smart Onboarding • Auto-Engage Mails • Personalized Journey • Assisted servicing
Customer Success
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Seller Analytics
• Suggested Assortments • Highest Selling Units • Vendor listings • Funnel Analysis
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• Stock Updates • Product Pricing • Fulfillment Decisions • Performance Reports
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• Categorizations • Seller Health • Recommendations of
best practices. • Trust Analysis
• Detecting Fraudulent Activity
• Detecting process Errors
• Detecting Store theft
• Inventory Planning • Demand Forecasting • Product Flow
Optimisation
• Data Driven Recommendations
• Business Reports • Behavioral
Segmentation
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Supply Chain Analytics
• Re-StockAlerts • AI based Fulfillment
Decisions • SKU Level Forecasting
• Shortest to delivery Analysis
• Shipping Analytics • Tracking • Logistical Decisions
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• Crawl Public Wishlists • Analyze Trends • Pre-Order & History • User Optimizations
• Determining Customer LTV
• Revenue Forcasting • Trend Analysis • Product
Recommendations
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• Credit Card Score • Billing and Shipping Info • History and Behaviour
• High Ticket Items • Theft analysis • Prediction and Anomaly
Detection
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Trust Analytics
Credit Card Analytics Warehouse Thefts
• Detect Fraudulent Accounts • Block Fraudulent Accounts. • Detect Fake/Duplicate
Sellers • Maintain Internal Scores
Fraud Detection • Product Category
Management • Experience aligned with
Category
Product Health Management
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Key Numbers
26%
29% Sales through Recommendations -
Amazon
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86%
86% Companies Don’t use structured data as a
resource.
92%
92% Buyers Prefer Personalization in some
form or the other
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Architecture Behind Octo
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TECH
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• OAuth2.0: Add easily an OAuth2.0 authentication to your APIs. • Logging: Log requests and responses to your system over HTTP, TCP, UDP or to disk. • JWT: Verify and authenticate JSON Web Tokens. • HMAC: Add HMAC Authentication to your APIs. • ACL: Access Control for your API Consumers. • IP-restriction: Whitelist or blacklist IPs that can make requests. • Response-Rate-Limiting: Rate limiting based on custom response header value. • API Analytics: Visualize, Inspect and Monitor API traffic. • Loggly Integration: Push your traffic data through your Loggly account. • DataDog Integration: Easy Data monitoring through DataDog. DevOps will love it! • Runscope Integration: Test and Monitor your APIs. • Syslog: Logging to System log. • SSL: Setup a Specific SSL Certificate for an underlying service or API. • Monitoring: Live monitoring provides key load and performance server metrics. • Authentication: Manage consumer credentials query string and header tokens. • Rate-limiting: Block and throttle requests based on IP, authentication or body size. • Transformations: Add, remove or manipulate HTTP requests and responses. • CORS: Enable cross-origin requests to your APIs that would otherwise be blocked. • Anything: Need custom functionality? Extend Octo with your own Lua plugins!
Extendable architecture for adding functionality to Octo and APIs.