Posts Tagged ‘onsite social’

Social Commerce insights from the TurnTo - FastPivot webinar

Friday, August 27th, 2010

Together with our partner, leading Yahoo Store builder FastPivot, we produced this webinar on Social Commerce strategies on Wednesday.  Here are all the slides plus the complete audio (controls are just under the slides). Thanks to the many attendees!

The FastPivot part runs through slide 35.  They provide a broad overview of social media marketing packed with actionable recommendations.  Starting at slide 36, we do an 18 minute discussion of Onsite Social for e-Commerce.  If I do say so myself: it too is insightful and practical.  Enjoy!

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New whitepaper out: Onsite Social for Online Retail

Thursday, May 27th, 2010

After over a year in the market helping a few dozen innovative online retailers add social shopping features to their stores, we thought it was time to synthesize and share the big lessons we’ve learned.  So here [drumroll] is our new whitepaper: Onsite Social for Online Commerce.  In it, we get specific about things like:

  • How to leverage social networks for Social Merchandising within your store
  • How to most effectively encourage shoppers to share news of their purchases with their social network friends
  • Why adding Social to ecommerce sites requires different strategies than for content sites
  • What sort of results are realistic to expect

We’re just putting it out there - no registration required to get it.  If you find it thought-provoking, we hope you’ll get in touch with us and pass it on to others.  Enjoy!

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For ecommerce sites, “Like” is OK, but “Bought” is much better

Wednesday, April 21st, 2010

First: we wholeheartedly agree with the ideas underlying Facebook’s big announcements today. People want to be able to interact with their friends on sites all across the web, not just within Facebook.  And sites don’t all want to have to become Facebook apps to support this.

TurnTo has been working to enable contextual delivery of social networks on ecommerce sites since our founding in 2007.  And we’ve proved that the benefits for both shoppers and merchants are significant.  So we applaud Facebook, appreciate the validation that their heading in this direction provides, and are already hard at work incorporating their new API.

We also think that to derive maximum advantage from an Onsite Social strategy, ecommerce sites should not rely exclusively on the new Like-based functions that Facebook is providing, but should - more importantly - leverage their purchase transaction data.  Here’s why:

It’s useful for your shoppers to see which of their friends know about your store and the products you sell.  Facebook’s API takes care of the problem of determining who you shoppers’ friends are.  But how do you determine what those friends know about?  Facebook’s new Like button lets shoppers register a connection to items on your store that they, well, like.  But Like does not equal know-about.  And many people who buy from you - and therefore REALLY know about you and your products, will never click Like.  In other words, there will be loads of false positives and false negatives.

If you were a content site, this might be the best you can do.  But as a commerce site, you have a unique asset: the purchase transaction.  You already have a massive set of people who really do know about you and your products, and the list grows every day.  They’re called: customers.

So go ahead and use the new Facebook plugins.  But also, and more importantly, leverage your transactional data to socialize the shopping experience on your site.  That’s where the big opportunity lies.

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