eCommerce Insights & Analytics with Mondelez's Alister Greenwood
Oct 7, 2023
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Alister Greenwood, Global Head of eCommerce Analytics & Insights at Mondelez International, discusses important topics such as the marketing funnel in the age of omnichannel, creating seamless shopping journeys, prioritizing developments in eCommerce, test & learns for insights & analytics, measuring Phygital marketing efforts, and implementing next generation analytics in eCommerce COE.
Executing the basics brilliantly in digital commerce is crucial for success in the space.
Understanding the consumer path to purchase in a digitally enabled world is challenging, requiring adaptability and consistency in brand messaging.
Deep dives
Importance of Doing the Basics Brilliantly in Digital Commerce
Executing the basics brilliantly in digital commerce is crucial. This includes having the right assortment, ensuring products are in stock, providing high-quality content, investing in organic and paid search, and delivering strong online activations. These fundamental elements lay the foundation for success in the digital commerce space.
Navigating the Less Linear Path to Purchase in a Digitally Enabled World
Understanding the consumer path to purchase in a digitally enabled world is challenging. The journey is no longer linear, and consumers engage with brands in various ways. Brands must adapt to meet consumers' convenience and engage with them on different platforms. Consistency in brand messaging and quality across different channels is crucial, as well as finding new ways to communicate with shoppers in the absence of immediate consumption in e-commerce.
The Value of Data in Driving CPG Digital Commerce
Data is a critical area of opportunity and development for winning in CPG digital commerce. Having the right data, measurement, and emerging capabilities, as well as connecting different data sets for competitive advantage, is key. Understanding the impact of connected commerce and how different data sets, such as e-retail media and digital shelf analytics, influence sales and share is essential. Prioritizing data strategy and the integration of various data sets can drive informed business decisions.
The Role of e-commerce Centers of Excellence in Transforming CBG Organizations
e-commerce centers of excellence (COEs) play a vital role in CBG organizations and are likely to remain robust in the coming years. They provide strategic direction, capabilities development, and enable the sharing of best practices across global markets. COEs navigate the complexities and differences of various digital commerce landscapes, lifting and applying successful approaches in different regions. As the digital commerce landscape evolves, COEs act as enablers, guardians, and incubators of emerging solutions. They ensure that strategy and data align, prioritize resources, and drive growth in a rapidly changing market.
In the age of omnichannel, is the marketing funnel still applicable? How can brands create a seamless shopping journey as they try to influence purchasing behavior, particularly with impulse purchases?
What do you think is the single most important development for companies to prioritize and staying ahead in the eCommerce landscape over the next year or two? Incorporating AI? Building out technology for Web3? Building up their tech stack? Or maybe getting the basics right?
How do test & learns play into developing a robust set of insights & analytic capabilities for brands? How do you instill discipline across the enterprise to ensure outcomes are best measured?
At Shoptalk Europe, earlier this year, your colleague Cristina Marinucci described Phygital Marketing as the blending of physical and digital experiences in the shopper journey. How do you think about measuring Phygital marketing efforts, especially in terms of digitally-enabled selling?
How are you implementing next generation analytics in your eCommerce COE? Do you need to rely on your service provider partners to do the heavy lifting or is it about building home-grown solutions? What are the considerations in striking the right balance?
Accessing data from single sources has become exceedingly challenging in a fragmented world. How are you working to help your business units access meaningful data for business intelligence?
What is the future for eCommerce COEs? How do you roll skills and disciplines back into the business units and will the value of a COE diminish in the process?
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