Peter Sheldon - Magento

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Transcript of Peter Sheldon - Magento

Page | 2© 2018 Magento, Inc.

Peter SheldonVP Strategy, Magento

@peter_sheldon

Simon ClarksonManaging Director, ChannelAdvisor, APAC

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Amazon’s Here, But

Are You Ready?

“OUR VISION IS TO BE EARTH’S MOST CUSTOMER

CENTRIC COMPANY; TO BUILD A PLACE WHERE

PEOPLE CAN COME TO FIND AND DISCOVER

ANYTHING THEY MIGHT WANT TO BUY ONLINE.”

Amazon’s Stated Mission

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Key tenets:

• Selection

• Value

• Convenience

Inside the mind of Amazon

Amazon In CanadaCritical Insights for Amazon’s Rollout in Australia

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2013 – Nascent Focus on Canadian Market

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2014 – Massive Category Expansion Program

Introduced 14 new

merchandise

categories, including

dry groceries, office

products and

cosmetics

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2018 – Category Dominance, inc B2B

Amazon.ca 2017:

58 million items

Amazon.com 2017:

266 million items

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Today Amazon Dwarfs it’s Online Competitors

BMO estimates that

Amazon.ca today captures

7% of Canada’s $21.6-billion

in e-commerce sales, more

than 4x times larger than the

nearest competition,

Costco.ca (1.6%) and

Walmart.ca (1.5%).

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So What Changed in Canada?

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6 Fulfillment Centers & Amazon Flex

Amazon In Australia

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Amazon Prime/FBA Timeline US vs AU

Dec Feb June/July

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Amazon is willing to play the long game…

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US: Product Searches Begin on Amazon

44%

34%

21%

55%

28%

16%

0%

10%

20%

30%

40%

50%

60%

Amazon Search Engines Retailers

2015 to 2016 % of Searches

2015 2016

Source: BloomReach

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Smartphones: Most Valuable Real Estate in Retail

Copyright 2017 ChannelAdvisor | Confidential 17Source: comScore

The Essentials

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Win the Category

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Win the Category

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• Product Data: Provide relevant, detailed, accurate data

• Keep optimising your data

– Titles: Brand + Product + Material + Color + Size

– Search Terms: Use all five search fields and all 50 characters if possible

– Bullet Points: They help emphasize key selling points and impact search

results if you use search-friendly phrasing

– Description: Focus on placing the product’s key conversion points at the start

– Amazon Valid Values: Build them out for your product data in line with

Amazon’s category flat files

– Images: Try to have at least four images per product, with varying levels of

detail or angles

Amazon Search Results

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Win the Buy Box

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• Maintain Competitive Pricing: Amazon counts total price, including shipping

• Inventory & Shipping: Make sure you have enough stock and make sure your

delivery is speedy and reliable

• Seller Metrics: Build a strong sales history, drive down order defect rate & reduce

product returns

• Customer Feedback: Address negative feedback & communicate quickly

• Be successful: Amazon wants to deliver the best possible experience for its

customers. So building a strong history as a successful seller with great customer

service will give you an added edge.

The Buy Box – The most prized position on Amazon

What Amazon.com Innovations

Can We Expect To Roll Out in

Australia?

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Amazon Key Re-Writes the Delivery Playbook

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SWA Removes Dependency on Local Carriers

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Alexa Serves the “Instant Gratification” Society

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Prime Benefits Expand Beyond Shipping

Thank You

Peter SheldonVP Strategy, Magento

Simon ClarksonManaging Director, ChannelAdvisor, APAC