Video Commerce Summit: Justin Foster Keynote Presentation

29
Justin Foster Co-Founder, VP Market Dev, Liveclicker Founder/President, Video Commerce Consortium 253-988-3183 [email protected]

description

Justin Foster from the Video Commerce Consortium and Liveclicker discusses the importance of persuasive video in the context of eCommerce, at the video commerce summit in Seattle (http://videocommercesummit)

Transcript of Video Commerce Summit: Justin Foster Keynote Presentation

Page 1: Video Commerce Summit: Justin Foster Keynote Presentation

Justin FosterCo-Founder, VP Market Dev, Liveclicker

Founder/President, Video Commerce Consortium

[email protected]

Page 2: Video Commerce Summit: Justin Foster Keynote Presentation

The State of Video and E-CommerceUsing Persuasive Techniques with

Video Motivation, Simplicity, and Triggers 8-Step Process for Creating Persuasive

VideoQ & A

Page 3: Video Commerce Summit: Justin Foster Keynote Presentation
Page 4: Video Commerce Summit: Justin Foster Keynote Presentation
Page 5: Video Commerce Summit: Justin Foster Keynote Presentation
Page 6: Video Commerce Summit: Justin Foster Keynote Presentation
Page 7: Video Commerce Summit: Justin Foster Keynote Presentation
Page 8: Video Commerce Summit: Justin Foster Keynote Presentation

Practitioner Revenue Lift1

133% - 200%

200%

40%

“Substantial Lift.”

“It Works.”Source: Video Commerce Consortium, “Building an Effective Video Commerce Strategy,” Nov. 2008

Page 9: Video Commerce Summit: Justin Foster Keynote Presentation

Practitioner Revenue Lift1

88%

Returns down 10%

50%

44%

50.1% - 138.9%Source: Video Commerce Consortium, “Building an Effective Video Commerce Strategy,” Nov. 2008

Page 10: Video Commerce Summit: Justin Foster Keynote Presentation
Page 11: Video Commerce Summit: Justin Foster Keynote Presentation

Engage shoppers with storytellingHumanize the selling processShow products as they appear in

“real life”Entertain and educateReduce uncertainty and fearProvide a richer customer experience

Page 12: Video Commerce Summit: Justin Foster Keynote Presentation

Fogg Behavior Model

Page 13: Video Commerce Summit: Justin Foster Keynote Presentation
Page 14: Video Commerce Summit: Justin Foster Keynote Presentation

Every product solves a problem Pleasure/Pain, Hope/Fear,

Acceptance/Rejection Consider leveraging personas with video

Page 15: Video Commerce Summit: Justin Foster Keynote Presentation
Page 16: Video Commerce Summit: Justin Foster Keynote Presentation

Save customers the physical effort by bringing video to them

Page 17: Video Commerce Summit: Justin Foster Keynote Presentation
Page 18: Video Commerce Summit: Justin Foster Keynote Presentation

Three Characteristics of Successful Triggers Must be noticeable. Must be associated with the target

behavior. Occurs when we are both motivated

and are able to perform the target behavior.

Page 19: Video Commerce Summit: Justin Foster Keynote Presentation
Page 20: Video Commerce Summit: Justin Foster Keynote Presentation
Page 21: Video Commerce Summit: Justin Foster Keynote Presentation
Page 22: Video Commerce Summit: Justin Foster Keynote Presentation

1. Choose a simple behavior to target.

Page 23: Video Commerce Summit: Justin Foster Keynote Presentation

Product Pages

Site Search

Targeted Email

Category Pages

Brand Pages

Untargeted Email

Untargeted Display

(Loyalty)

Purchase

Preference

Consideration

Awareness

2. Find a receptive audience (placement, cat, product)

Page 24: Video Commerce Summit: Justin Foster Keynote Presentation

3. Find what is preventing the target behavior

Page 25: Video Commerce Summit: Justin Foster Keynote Presentation

4. Ensure the video fits the context of the channel

Service/Support

Product Pages

Site Search

Targeted Email

Category Pages

Brand Pages

Untargeted Email

Untargeted Display

(Loyalty)

Purchase

Preference

Consideration

Awareness

How-To, Troubleshoot

Educate, Feature & Benefit

Feature & Benefit, Making Choices

Product Viewpoint

Special Offers / Opportunities

Branding w/Call To Action

Contextual/Behavioral Targetedw/Product or Offer Feature

Page 26: Video Commerce Summit: Justin Foster Keynote Presentation

5. Find relevant examples of persuasive video

http://video-commerce.org/2009/more-retail-video-examples/

http://video-commerce.org/2009/which-online-retailers-are-using-video/

Page 27: Video Commerce Summit: Justin Foster Keynote Presentation

6. Imitate successful examples7. Test & iterate quickly, using lower-cost production methods at first (if you can)8. Expand on success

Page 28: Video Commerce Summit: Justin Foster Keynote Presentation

Persuasive Technology 8 step process for designing persuasive tech: BJ

Fogg, Ph.D. Fogg Behavior Model: BJ Fogg, Ph.D.

Video Commerce Consortium Largest and fastest-growing consortium of

interactive marketers seeking to learn about and advance the use of video in e-commerce

Page 29: Video Commerce Summit: Justin Foster Keynote Presentation

Justin FosterCo-Founder, VP Market Dev, Liveclicker

Founder/President, Video Commerce Consortium

[email protected]