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Thursday, 25.04.2024, 22:45
Key participants of eCom21 speak about big data, personalization
Speakers
at eCom21 are of the opinion that the key role will stay with “big data”,
artificial intellect, personalisation of communication, diversity of payment
instruments as well as synergy of online and offline services.
“Big data” and a customer profile
As Denis Afanasiev (Денис Афанасьев), CEO of Clever DATA remarked, many people
dealing with e-commerce are worried nowadays about the “big data” issue.
E-commerce generates and makes use of the huge data volume – information about
transactions, visits to pages describing various goods and categories,
information about people making orders or visiting websites and leaving their
data in logs. All of this data allows a customer profile to be shaped, for
understanding his/her preferences, peculiar features of behaviour and
consumption and, consequently, helping to make conclusions aimed at business development.
Denis Afanasiev is convinced
that “personalised communication based on “big data” about customers has
already demonstrated a positive result and is confirmed by successful stories.
We can say that those companies that resort to technology options and
approaches to communication, advertising and marketing get a competitive
advantage in the market”.
He also points out that
consumers are becoming more and more demanding regarding quality and
communication, and are not tolerant of irrelevant advertising. The expert
emphasises that if we know the detailed profile of our customer including
his/her behavioural model, interests and possible intentions, it is possible to
build up appropriate content, thereby improving interaction with the audience:
“When we “see” each user, assess his/her response to offers and advertisements,
control the policy of contacts on any channel, collect and repeatedly analyse
the data, it is possible to talk about a great role of the user data for
multi-channel communication”.
Things will be paid for straight from our accounts
A permanent guest of eCom21, Viktor Dostov (Виктор Достов), President of the
Russian Association of e-Money and Money Transfers, draws attention to the
significance of the diversity of money instruments.
“Payment, which was like a ritual earlier, is now becoming something
unnoticeable, a part of some context. I believe that “selection” will become
the main word in the year to come. We will discover that our clients need
various kinds of payment; one kind will not be insufficient. Shops will have to
see that the payment page always has several options: not just a payment card
but also ApplePay, payment via
internet bank, etc. Such diversity will become real in the next few years, and
then, new trends will possibly emerge” – the expert says.
Viktor Dostov also pays attention to the ever-growing role of the “Internet of
Things”. He thinks that the new diversity of payment interfaces will be dealing
with things: “Fridges, cars, printers, etc. – everything will be connected to
your bank account and make payments. For instance, if you violate driving rules
in Dubai, the camera will identify your car’s number plate and will
automatically debit your account with the amount of a fine. The same will
happen with other payment scenarios”.
Next day delivery as a norm of
tomorrow
In addition to the above, the experts say that e-commerce will be under the
pressure of two basic development models. As Aleksandr Ivanov (Александр Иванов), President of the Russian National Association of Distance Selling, says:
“One model – let us call it conventionally – “Amazon” – ousts shops from the
market as it wants to become the biggest shop in the world (in an ideal
scenario – the only one). The second model (conventionally – “Alibaba”, a
market place model) will also soon oust shops from the internet market, because
its clear perspective now is to sell goods directly from the manufacturer to
clients. However, it does not mean the death of internet shops that have to
find their way between Scylla and Charybdis”.
The important prerequisite for successful development of the “Internet of
Things” is good synergy between the online and offline services of a company.
One vivid example is the speed of goods delivery. Experts have concluded that
delivering goods on the next day, or even on the day of making the order will
become the norm. The partner of a research company Data Insight, Mr Fedor Virin
(Федор Вирин) says that the
next day delivery requirement is appearing all across the world, and it will
change the entire infrastructure of company logistics.
How can artificial intellect
help?
eCom21 speakers also draw attention to the prospects of artificial intellect
implementation. “An important topic of practically every work aspect of the
internet shop is the work with data and artificial intellect: where to open the
next point of sale, what offer to make to a client, who visited the
application, when to send a letter or “push” and so on. It greatly helps
companies and customers now and will play an ever increasing role in the
future” – considers Mikhail Osin (Михаил Осин), Director of the
website-application OZON.ru.
Denis Afanasiev emphasises the growing role of artificial intellect as well.
His forecast is that next year, artificial intellect will most often be used
for micro-segmentation and determination of the best channels and times of
communication in order to form a personal offer in accordance with consumer
preferences of narrow segments of audience.
We should also expect synergy from work with various data sources – for
instance, unification of knowledge about the audience from offline and online
data for maximum understanding of the customer profile and his/her better
personalisation. In doing so, the centralised automated management of all
accessible advertising communication channels, marketing platforms and services
will continue to be developed.
Experts will share their ideas and
vision of the trending topics, perspectives and particular features of business
development in the e-commerce sphere in the course of their addresses and
discussions at the eCom21 conference.
You can register as a Forum
participant here.