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Is e-Commerce different ? Commercer en ligne : Est-ce différent ?. Sylvain Sénécal. Is e-Commerce Law different ? Le droit du commerce électronique est-il différent ? 2 octobre 2008 Université de Montréal. Introduction Objectives of retailers Attract visitors Any differences?
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Is e-Commerce different ? Commercer en ligne : Est-ce différent ? Sylvain Sénécal Is e-Commerce Law different ? Le droit du commerce électronique est-il différent ? 2 octobre 2008 Université de Montréal
Introduction Objectives of retailers Attract visitors Any differences? Convert into customers Any differences? Retain customers Any differences? Conclusion Plan
Offline methods Mass communication TV, radio, newspapers and magazines Personalized communication Direct marketing, sales force Online methods Mass communication Advertisement (targeted), spam, video, search engine Personalized communication Email, personalized website Attract
Traceability of the visitor’s origin ROI measure per communication method Attract
Offline Consumer is mostly anonymous at the store Presence of the salesforce (personalization potential) Online Possible personalization Of the website Of products and services Consumer is alone on the retailer’s website, but easily observable Log files: web analytics and clickstream Convert
Clickstream Source: Montgomery et al. (2004)
Personalization is possible Observation power ROI measure from the “Attract” step E.g., Conversion rate from a specific banner Convert
Offline methods Mass communication TV, radio, newspapers and magazines Personalized communication Direct marketing, salesforce Online methods Mass communication Advertising, video, search engine Personalized communication Email, personalized website, rss feeds, virtual communities, social networking websites, blogs Retain
Retain • Ongoing dialogue is possible • Personalization is possible • ROI measure of activities • E.g., % of emails opened, click trough rate, conversion rate
Conclusion • The added value of e-commerce • More precise ROI measures • Large scale personalization • Large scale relationship marketing
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