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Learn how to effectively execute a mobile strategy that acquires, engages, and services customers. Discover the key figures and market conditions influencing mobile strategies, as well as the importance of understanding customer behavior, revenue opportunities, competition, and continuous innovation.
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How to execute a mobile strategy that effectively acquires, engages and services the customer?
Who am I? Co-founder foodpanda singapore, hongkong
What is foodpanda? • Order placement • Delivery details • Online food ordering marketplace • 1 • 2 • Food delivery • 3 • Customers • Partner restaurants • Our customers have 2 payment option: • Cash on delivery and online payment
WHY AM I HERE ? #1 app on the free F&B category on app store
We are the Michael Schumacher of 2002! 7 time F1 champion - 1994, 1995, 2000, 2001, 2002, 2003, 2004
Mobile Strategy Introduction
What is #1 rule for mobile strategy?“It's not about mobile its about mobility”Focus is not on app downloads, always on creating value to customers - Microsoft CEO SatyaNadella
Key figures to digest first • Time spent on apps is 80% • People on average use 24 apps monthly BUT • People spend 80% of their time on 5 apps there is even an App Inspired by App Overload
Don’t be a Zombie app an app that does not attract enough measurable attention to regularly receive rankings in the App Store lists • 1.6 million apps on Apple store • 80% apps are Zombie
Mobile Strategy Product Focus
Give what customers want • Adapt to their needs. Eg – Korea’s #1 food delivery player baedariminjok (call-to-order button) • Win the early adopters but always keep eye on the masses
Mobile Strategy Understand your goals
1. CUSTOMER BEHAVIOUR Loyalty on mobile is 3 times more than on the web and 8 times more than phone
2. REVENUE • Additional platform channel • Higher Frequency - Customer lifetime value • Higher basket
3. Look at COMPETITION(direct/indirect)Grubhub in States, 60% MOBILEnearly 40% orders are on mobile in SG as we speak today!
4. Market conditions Eg - Africa no desktop age, directly into mobile • Mobile phones raise long-term growth rates, 2x • Extra 10 phones per 100 people increases GDP growth by 0.6 % points
Its time for africa! cashless payments/operator billing
Internet.org by Mr. Zuckerburg • Partner with telcos in developing markets to give this app for free with facebook and other services • One of the strongest customer acquisition tools to partner with OEM/telcos
Synonymous to food, fun, family, weekend, party - lifestyle choice Panda is everyone’s best friend
Gradual transition from performance marketing to brand marketing
Push notifications -Targeted by time, frequency, customer behavior -Don’t become noise!
Samsung story From one of the leading smartphone makers to a 60% profit slump “what is next is now, tomorrow is today” - Samsung galaxy s6 launch, MWC15 Barcelona
Always keep reading the customer journey • the customer cycle by tracking every step CR(for every step) and not just overall Improving Conversion = double sales with 0 incremental marketing spend We know which area of singapore likes pizza and which likes more sushi
Other interesting findings • user preferences – More sensitive to min delivery amount, delivery time >>> ratings, reviews. Also love for deals. 2. Guest checkout super successful
Localisation of product Even use different sorting logics for different customers
Social Facebook login • Easy login and registration • First step towards personalisation
Group ordering friends can order together with a shared link on their own device, viral spread of app + higher basket size
Delight your partners, processesApp for restaurants, delivery riders
And many more : • Better search –> restaurants + product • upsell option • Giftcards • Photo blogs (more user content) • Live chat with customer service Keep innovating