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Interviewed on SkyNews about “Mega Monday” or Cyber Monday

Written by Ian Jindal on . Posted in eCommerce, Publishing, T'interwebs.

So, then, to 4 Millbank to be interviewed on the 7pm SkyNews bulletin about CyberMonday (or, being British, “Mega Monday”).

Appearing on SkyNews at 7pm
Appearing on SkyNews at 7pm

I was called this afternoon to ask if I’d be willing to appear and comment and of course the answer was ‘yes’. Then I started to feel nervous!

I don’t recall much about the interview itself – I was in a dark room, staring at a focus point and desperately listening to the question so that I didn’t burble. Intentionally, anyway.

Up earlier had been David Walmsley, Head of Direct at John Lewis, and as I’d arrived in the studio I’d thought how composed and fluid he was on TV. I decided to become more nervous immediately 😉

The studio was intriguing: not quite a ‘radio car’, but certainly a compact and lean operation, mainly focused on political happenings at nearby Parliament.

The Millbank studio for Sky News
The Millbank studio for Sky News

I’ve not been able to track down a ‘recording’ of what I said, but my intention was to cover off how the predictions for Mega Monday were tending toward the blindingly obvious, and how even a scrooge-like consumer was now running out of shopping days to Christmas. Behind the headline figures of revenues (predicted, btw, by IMRG to be £320m today, with Retail Decisions predicting that Mega Minute will be 1.31pm today, with an expected near £1m in transactions that minute), the real issue is that revenues this year will have been bought by discounting. In order to have a higher cash value of transactions than last year, therefore, retailers will need to ship proportionally more boxes – creating an additional strain on their logistics operations as well as reducing their margins even further.

Pressed on the reason for the success of the web I recall mentioning that the web was now a mature component within multichannel retail. The web is used by some 90% of people questioned in an IMRG survey to help decide on purchases made in-store. Interestingly, only 68% of those questioned said the reverse – that they needed to see goods in-store to inform their internet purchasing.

I was asked whether there was anything fundamental to the web that would make it an inherently ‘cheap’ channel, but of course there’s a need to have a capable infrastructure as well, ideally, as a traditional retail channel in order to maximise sales. I challenged the draw of the web as being “cheapness” alone, noting that customers now required service as much as price. In the US on CyberMonday, for example, nearly 11% of all shopping traffic went to Amazon.com – a combination of breadth of product, excellent pricing and exemplary, proven service.

In what seemed like an age or a second it was over and, with a polite ‘thank you’ from the producer, I was back on the scooter heading home.

The kids were pleased to see me on telly (ahh) and I’ve already had abusive texts about being fat/nervous/bearded etc – to which I just say “thanks” 😉

This is a picture of me on the telly taken with Vicky's iPhone - I'm just blinking, not falling into a trance. Honest.
This is a picture of me on the telly taken by Vicky with her iPhone - I'm just blinking, not falling into a trance. Honest.

It was an interesting experience and something out of the comfort zone. It was also a chance to get some key messages to a new audience and finally whet my appetite to enliven our plans for InternetRetailing TV. We did some experiments at our conference – see the embed below –  but I think that it’s time to be a bit more active on this front.

Speeches for Adobe and Sky

Written by Ian Jindal on . Posted in eCommerce.

It’s been a busy time on the speaking front, culminating in a ‘double decker’ for Adobe and then Sky.

Adobe’s Scene7 folk have initiated a series of retailer briefings and, having spoken at the first, it would have been rude not to speak again when invited 😉 The topic of this presentation was “Excellence in Online Retailing”. I opened proceedings, then Ijaz and Marty shared some of the Scene7 roadmap. Michael Ross of eCommera then gave a presentation on the “The 10Ps of eCommerce“. This was a great presentation. Michael’s dry and direct delivery was really engaging and certainly brought the 10 Ps to life. I’d read these (since we published an article on them in Internet Retailing Magazine last issue – you can see the PDF here), but seeing the presentation was certainly more fun.

I’ve put the presentation on slideshare.

Then on to Sky University for an afternoon opener on “Online Selling – a customer experience”. The day was organised by Sky for their top teir affiliates and my session was an opportunity to take a broader look at the customer landscape. It was also a good opportunity for me to ponder further the affiliate landscape – an area of increasing interest to me, to which I’ll return in later posts.

A real eye-opener for me though was a presentation from Joost de Valk, a search strategist at OnetoMarket in the Netherlands. Joost is engaged in “white hat” SEO (ie legal, well-behaved, effective SEO activities) for some major brands. Joost also knows a lot – from hearsay, no doubt – about “black hat” SEO: the sort of activities for which the word “naughty” was coined. I spend a bit of time working with client teams to improve their SEO, but I had no idea of the scale, complexity and cunning of the operations attempting to outfox Google, searches and credit-card owners. It’s an area I need to look at! Hopefully, with Joost’s help rather than a DIY remedial course in high-contact, combat SEO!

Here are my slides on Slideshare: