Seara YP - Trenduri 2016 - Elisabeta Moraru (Google)

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Google Confidential and Proprietary The e-commerce market in Romania

Transcript of Seara YP - Trenduri 2016 - Elisabeta Moraru (Google)

Page 1: Seara YP - Trenduri 2016 - Elisabeta Moraru (Google)

Google Confidential and Proprietary

The e-commerce market in Romania

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Google Confidential and Proprietary

The NOW

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Romania is online

How often do you go online? Do you go online every day?

%

Especially consumers under 34 years old are online often.

The Connected Consumer Survey 2014-2015

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The Romanian e-commerce market is growing

offline purchasesonline purchases

E-commerce growth in Romania ($ million)

+ 12.5% YoY

E-commerce share ($ million)

Online retail counts for a small share of the total retail, but it is growing fast.

GPeC Official Report of Romanian E-commerce Market in 2014 www.gpec.roeNet online research May-August 2014

2.2-2.5%

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Top online categories in this market

IT&C

Home & decoFashion

Romanians love to buy electronics, clothes and decorations for home.

GPeC Official Report of Romanian E-commerce Market in 2014 www.gpec.ro

Google Internal Data

Queries evolution for the 3 main online categories in Romania

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Online preferred payment & delivery methods

Card

payments 15%

Bank Transfer25-30%Cash on delivery

50-55%Online

payments6%

Romanians prefer to have delivered home their online purchases and to pay cash on delivery.

EuroMonitor 2014, thePayers.com,

There was a 70% increase in home deliveries from online purchases in the first 3 months of 2015.

Fastius Currier 2015, www.wall-street.ro

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The Romanian online consumer is multi-device

The most used devices

1.9 devices per person (increase of

19% from 2013)

Romanians are connected and have more screens than ever.

The Connected Consumer Survey 2014-2015

23% 46%

60%

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His path to purchase is more complex than ever

76% of consumers research online prior to purchase.

14% research only online.

Internet role in purchasing stages

Online sources used

The Connected Consumer Survey 2014-2015Smartphones are becoming the new research assistants. Research is the most important step online.

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The path to purchase - on mobile

Smartphone role in purchasing stages &

activities

Smartphones are becoming the new research assistants.

19% of consumers research on smartphones

prior purchase and 6% used mobiles for their most recent purchase.

More than 100% increase in queries for apparel, home & garden or general merchandise compared to 2014.

The Connected Consumer Survey 2014-2015Google Internal Data

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Today’s offline sales can be triggered by an online stimulus

Smart marketers allocate budgets based on the total sales each dollar drives on all touchpoints.

TotalSales

Sales viaCall-Centers

OnlineSales

OfflineSales

76%

29% 47%

Online research

Online purchase

Offline purchase

In Romania:

A lot of the consumers conduct pre-purchase online research and buy

offline.The Connected Consumer Survey 2014-2015

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What matters in the consumer journey, online

Consider cross-device

behavior!

Consider Lifetime Value

Start from first interaction!

Move beyond the conversion!

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ACT

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Display

Direct

Email

Paid Search

Remarketing

TimeInteractions – Actions – Decisions

First interaction

Organic

Brand

Diversified marketing

efforts

Google Internal Data

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Google Confidential and Proprietary

The TOMORROW

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Digital will inherit the Earth

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Digital will inherit the Earth

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Digital will inherit the Earth

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The next big platform is...

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The next big platform is...

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...the subscription model still strives but only if high quality together with freemium content

...native digital ads - read, watch and listen

...ad blocking - improvement of quality - user experience and choice

...TV? - netflix, hulu, apple tv, youtube - convenience - we can watch anything on any device at any time

Money follow eyeballs

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Thank you!

[email protected]