Wednesday Sep 12, 2012

Social By the Numbers




Tuesday Sep 11, 2012

Who is Jeremiah Owyang?

Jeremiah Owyang

Q: What’s your current role and what career path brought you here?

J.O.: I'm currently a partner and one of the founding team members at Altimeter Group.  I'm currently the Research Director, as well as wear the hat of Industry Analyst. Prior to joining Altimeter, I was an Industry Analyst at Forrester covering Social Computing, and before that, deployed and managed the social media program at Hitachi Data Systems in Santa Clara.  Around that time, I started a career blog called Web Strategy which focused on how companies were using the web to connect with customers --and never looked back.

Q: As an industry analyst, what are you focused on these days?

J.O.: There are three trends that I'm focused my research on at this time:  1) The Dynamic Customer Journey:  Individuals (both b2c and b2b) are given so many options in their sources of data, channels to choose from and screens to consume them on that we've found that at each given touchpoint there are 75 potential permutations.  Companies that can map this, then deliver information to individuals when they need it will have a competitive advantage and we want to find out who's doing this.  2) One of the sub themes that supports this trend is Social Performance.  Yesterday's social web was disparate engagement of humans, but the next phase will be data driven, and soon new technologies will emerge to help all those that are consuming, publishing, and engaging on the social web to be more efficient with their time through forms of automation.  As you might expect, this comes with upsides and downsides.  3) The Sentient World is our research theme that looks out the furthest as the world around us (even inanimate objects) become 'self aware' and are able to talk back to us via digital devices and beyond.  Big data, internet of things, mobile devices will all be this next set.

Q: People cite that the line between work and life is getting more and more blurred. Do you see your personal life influencing your professional work?

J.O.: The lines between our work and personal lives are dissolving, and this leads to a greater upside of being always connected and have deeper relationships with those that are not.  It also means a downside of society expectations that we're always around and available for colleagues, customers, and beyond.  In the future, a balance will be sought as we seek to achieve the goals of family, friends, work, and our own personal desires.  All of this is being ironically written at 430 am on a Sunday am. 

Q: How can people keep up with what you’re working on?

J.O.: A great question, thanks.  There are a few sources of information to find out, I'll lead with the first which is my blog at web-strategist.com.  A few times a week I'll publish my industry insights (hires, trends, forces, funding, M&A, business needs) as well as on twitter where I'll point to all the news that's fit to print @jowyang.  As my research reports go live (we publish them for all to read --called Open Research-- at no cost) they'll emerge on my blog, or checkout the research tab to find out more now.  http://www.web-strategist.com/blog/research/

Q: Recently, you’ve been working with us here at Oracle on something exciting coming up later this week. What’s on the horizon?

 J.O.: Absolutely! This coming Thursday, September 13th, I’m doing a webcast with Oracle on “Managing Social Relationships for the Enterprise”. This is going to be a great discussion with Reggie Bradford, Senior Vice President of Product Development at Oracle and Christian Finn, Senior Director of Product Management for Oracle WebCenter. I’m looking forward to a great discussion around all those issues that so many companies are struggling with these days as they realize how much social media is impacting their business. It’s changing the way your customers and employees interact with your brand. Today it’s no longer a matter of when to become a social-enabled enterprise, but how to become a successful one.

Register NOW! Managing Social Relationships for the Enterprise

Q: You’ve been very actively pursued for media interviews and conference and company speaking engagements – anything you’d like to share to give us a sneak peak of what to expect on Thursday’s webcast?

 J.O.: Below is a 15 minute video which encapsulates Altimeter’s themes on the Dynamic Customer Journey and the Sentient World.

I’m really proud to have taken an active role in the first ever LeWeb outside of Paris. This one, which was featured in downtown London across the street from Westminster Abbey was sold out. If you’ve not heard of LeWeb, this is a global Internet conference hosted by Loic and Geraldine Le Meur, a power couple that stem from Paris but are also living in Silicon Valley, this is one of my favorite conferences to connect with brands, technology innovators, investors and friends.

Altimeter was able to play a minor role in suggesting the theme for the event “Faster Than Real Time” which stems off previous LeWebs that focused on the “Real time web”. In this radical state, companies are able to anticipate the needs of their customers by using data, technology, and devices and deliver meaningful experiences before customers even know they need it. I explore two of three of Altimeter’s research themes, the Dynamic Customer Journey, and the Sentient World in my speech, but due to time, did not focus on Adaptive Organization.

Monday Sep 10, 2012

Managing Social Relationships for the Enterprise – Part 1

Reggie Bradford

By Reggie Bradford, Senior Vice President, Oracle 

Today, Mark Hurd, President of Oracle, Thomas Kurian, Executive Vice President of Oracle and I discussed the strategic importance of how social media is impacting the enterprise and how it is changing the way customers, prospects employees and investors interact with brands worldwide. 

Oracle understands that the consumer is in control and as such, brands must evolve and change to meet growing needs. In addition, according to social media thought leader and Analyst from Altimeter Group, Jeremiah Owyang, companies now average 178 corporate-owned social media accounts. When Oracle added leading social marketing, listening analytics and development tools from Vitrue, Collective Intellect and Involver to its Oracle’s Cloud Services Suite we went beyond providing a single set of tools. We developed an entire framework to include a comprehensive social relationship management suite to help companies move beyond the social enterprise and achieve the social-enabled enterprise. 

The fundamental shift from transaction to engagement means that enterprises need not only a social strategy, but should also ensure that the information and data received from social initiatives flow back to marketing, sales, support and service. Doing so enables companies to deliver a proactive and compelling experience and provides analytics to turn engagement into opportunity – and ultimately that opportunity into revenue. 

On September 13, 2012, I am delighted to sit down with Jeremiah to further the discussion about how enterprises are addressing social media strategies and managing content. 

In addition, we will be taking your questions after the webinar via Twitter (@Oracle, @ReggieBradford, @cfinn, @jowyang). Use #oracle and #socbiz to submit questions and follow the conversation. I look forward to speaking with you and answering your questions online. 

For more information about becoming a social-enabled enterprise, visit www.oracle.com/social. And don’t miss the insights of other social business thought leaders at www.oracle.com/goto/socialbusiness.

Thursday Sep 06, 2012

Webcast: Oracle's Vision For The Socially-Enabled Enterprise

Smart companies are developing social media strategies to engage customers, gain brand insights, and transform employee collaboration and recruitment. Oracle is powering this transformation with the most comprehensive enterprise social platform that lets you:

  •     Monitor and engage in social conversations
  •     Collect and analyze social data
  •     Build and grow brands through social media
  •     Integrate enterprise-wide social functionality into a single system
  •     Create rich social applications

Join Oracle President Mark Hurd and senior Oracle executives to learn more about Oracle’s vision for the social-enabled enterprise.

 Click here to register.

Thursday Mar 15, 2012

Less Can Be More In E-Commerce

Today’s consumers are inundated with product choices and vendors. Visit your favorite electronics retailer and see the vast assortment of flat panel televisions. Or the variety of detergents at the supermarket. All of this can be daunting for the average consumer who is looking for the products and services that interest them.

 In a study titled “Choice is Demotivating: Can One Desire Too Much of a Good Thing”, the author, Sheena Iyengar found that participants actually reported greater subsequent satisfaction with their selections and wrote better essays when their original set of options had been limited.

The same can be said for e-commerce and your website. Being able to quickly convert shoppers into buyers with effective merchandising is what makes leading businesses successful. You want to engage each individual visitor with the most-relevant content to drive higher conversions and order values while decreasing abandonment, but predicting what will resonate with each customer is difficult.

In a world of choices, online merchandizing tools can help personalize, streamline, and refine what your customers view when they browse your online catalog. The key to being effective is to align your products and content as closely as possible with the customer’s needs.

The goal on the home page is to promote your brand and push visitors farther into the site. The home page is often the starting point for repeat customers as well as for new visitors hoping to address their current product needs. As the customer selects different filters and narrows the choices, valuable information is being provided to the retailer about the customer’s current need—regardless of previous search behavior or what other customers with a similar demographic profile have purchased.

Together with search pages, category browse pages are among the primary options available to customers as a means of finding products on your site. Once a customer reaches the product detail page, it is clear what that person desires, regardless of the segment the customer falls into. However, don’t disregard campaign-based promotions completely. A campaign targeted to all customers but featuring rule-driven promotions tied to the product can be effective.

Click here to learn more about merchandizing techniques so what your customer sees if half full and not half empty.

Wednesday Feb 29, 2012

Consumer Goods Companies Are Increasingly Going Direct To Consumers

Economist Intelligence Unit Survey Reveals Consumer Goods Companies are Experimenting More with Mobile and Social Media to Engage with and Sell Directly to Consumers

A recent study conducted by the Economist Intelligence Unit (EIU) and sponsored by Oracle Consumer Goods found that Consumer Goods (CG) companies are increasingly experimenting with new ways to establish and enhance direct, two-way relationships with consumers.

The report found that the use of social and mobile channels are increasingly helping CG companies become more comfortable with the direct-to-consumer selling model, with the number of companies selling products directly to consumers expected to increase from 24 percent to 41 percent over the next 12 months. In addition, 74 percent of CEO-level respondents say social media is a priority for increasing loyalty over the next 12 months.

Despite the growing social and mobile marketing trend, survey respondents and other CG executives see their nascent e-commerce efforts as complementary to, not competing with, existing retail channels, but are committed to expanding their direct-to-consumer strategies. A full copy of the results is available here: “New Directions: Consumer Goods Companies Hone a Cross-Channel Approach to Consumer Marketing” report

Read more perspectives about the study from Brandchannel and Oracle.

Friday Feb 17, 2012

Why Consumer Goods (CG) Companies Must Act More Like Retailers

Pushing traditional media through new media channels is no longer enough to succeed in today’s Consumer Goods market. A new approach is needed - one that puts brands wherever consumers are, in a way that encourages consumer participation. CG manufacturers need to increase their engagement with consumers and improve their direct-to-consumer initiatives. They are now aggressively exploring ways to integrate new channels and adopting strategies, processes, and technologies so they can act more like retailers.

Sponsored by Oracle, The Economist published an Economist Intelligence Unit report titled New Directions: Consumer goods companies hone a cross-channel approach to consumer marketing.  The study is the result of a global survey of 221 consumer goods (CG) executives.

Brandchannel, an online exchange dedicated to branding, wrote their perspective on the study:

Consumer Goods companies need to think and act more their retail partners as their participation in social media and online storefronts increase.  The Economist Intelligence Unit report, New Directions, sponsored by Oracle, reveals that 41% of respondents surveyed plan to sell products directly to consumers in 2012, a 24% increase over those currently offering direct sales.

“Consumer goods companies can no longer merely push traditional campaigns through new media channels to reach today's more product-savvy consumer. They need to integrate multiple channels to put brands where consumers are, in a way that encourages a more interactive relationship between consumer and producer, not passive consumption of marketing messages.”

Key findings include:

  • The social media opportunity is finally catching the attention of senior management: 74% of CEO-level respondents say social media is a priority for increasing loyalty over the next 12 months
  • Nearly a quarter of CG executives envisage direct-to-consumer replacing retail.
  • Nearly half of survey respondents and other CG executives see their nascent e-commerce efforts as complementary to, rather than alternatives to, existing retail channels
Another perspective on the same study can be found here.

Wednesday Feb 08, 2012

Consumer Goods Companies Hone A Cross-Channel Approach To Consumer Marketing

Consumer goods (CG) manufacturers are aggressively exploring ways to integrate new channels such as social media and mobile into the marketing mix to attract and engage consumers. However, they are not ready to abandon traditional approaches to consumer marketing. CG marketers say they want to increase engagement with consumers and improve their direct-to-consumer initiatives—but are they really ready to do so?

Perhaps CG companies looking to get closer to consumers ought to think more like retailers, which have made significant investments in understanding consumer behaviour and sentiment across physical and digital environments. New directions: consumer goods companies hone a cross-channel approach to consumer marketing, an Economist Intelligence Unit report sponsored by Oracle, draws on a survey of 221 CG executives as well as in-depth interviews with corporate leaders in the CG industry to explore the changing face of consumer marketing.

Monday Feb 06, 2012

Learn How To Power the Cross-Channel Customer Experience with Oracle’s Complete Commerce

Today’s customers are more information-enabled and mobile than ever before. This growing trend creates a double-edged sword to offer a consistent brand journey while also keeping them loyal and happy.

Customers expect instant gratification, whether it stem from their pc, smartphones, tablets or retail kiosks. They may begin the buying process in a retail store, but complete it from the comfort of their couch. And through it all, they expect their journey to be personalized, relevant and consistent across all of these touchpoints.

So, how can your company hope to deliver on its brand promise beneath such lofty expectations?  Read this white paper and gain an understanding of Complete Commerce and how it can change the way you interact with your customers. You will understand how Complete Commerce can help you unify the customer experience, personalize their journey, maximize the engagement, and optimize the execution.

Wednesday Dec 07, 2011

Exalogic: The Optimal Platform for Oracle ATG Web Commerce

Increasing conversion rates in an ever-more competitive e-commerce environment is critical to ensuring success in a fragmented and global e-commerce landscape. And this should be done without sacrificing margins. Oracle’s engineered system (hardware and software optimized to work together) for Oracle ATG Web Commerce is called Exalogic. Exalogic can increase conversion rates, improve ATG performance, and require less hardware because ATG runs 3x more efficiently on Exalogic.

Another key benefit of Exalogic is enabling ATG deployments to be brought to market faster than a traditional blade-based architecture. New environments can be up and running in as little as a day as opposed to the months it traditionally takes.

Total cost of ownership is dramatically reduced due to Exalogic’s pre-integrated architecture, end-to-end vertically integrated monitoring (Oracle Enterprise Manager) and the fact that only a third of the CPU cores are required because ATG runs 3x more efficiently on Exalogic.

Read this white paper, “Exalogic: The Optimal Platform for ATG”, to learn more about how Oracle hardware and software solutions can improve the commerce experience. 

Wednesday Oct 12, 2011

Why is the Multi-Channel Buyer so Important to Chico FAS’ Commerce Strategy?

The management at Chico’s FAS, a women’s specialty brands retailer with 1,225 boutiques and outlets throughout the U.S. and direct-to-consumer channels for each of its brands, believes the multi-channel buyers is 3 to 5 times more important to their business.  Their multi-channel commerce strategy is to be wherever their customers want to shop.

Watch this video on how Oracle ATG Web Commerce enables Chico’s FAS to deliver on their multi-channel promise to bring a personalized and single view to their customers across each of their three product lines.

Wednesday Sep 28, 2011

Test your Commerce Knowledge. Hear from Commerce Experts at Oracle Open World 2011

Want to learn more about commerce, live help, and recommendations while attending Oracle OpenWorld 2011. Attend these sessions to learn from the experts about how they can help you grow your business and reach customers.

Monday, October 3rd, 2011



 2:00 pm – 3:00 pm

ATG Web Commerce Overview, Strategy and Roadmap
Brian Collins, Oracle

Moscone West
Room 2012

 5:00 pm – 6:00 pm

ATG Web Commerce Panel Discussion: The Future of Web Commerce and Retail
Kelly O'Neill, Brian Collins, Oracle

Moscone West
Room 2012

Tuesday, October 4th, 2011



 1:15 pm – 2:15 pm

Oracle Live Help Overview, Strategy and Roadmap
Michael Blanchard, Oracle

Moscone West
Room 2012

 3:30 pm – 4:30 pm

Multinational ATG Web Commerce
Kristen Flanagan, Oracle

Moscone West
Room 2012

 5:00 pm – 6:00 pm

Redefining Online Merchandising
Kristen Flanagan, Oracle

Moscone West
Room 2012

 Wed Oct 5th, 2011



 1:15 pm – 2:15 pm

Implementing Web Commerce in a Complex Environment
Adam Belmont, Oracle

Moscone West
Room 2012

Thursday, October 6th, 2011



9:00 am – 10:00 am

Anytime, Anywhere Commerce with Siebel Customer Order Management and ATG Web Commerce
Aaron Shidler, Oracle

Moscone 2003

 10:30 am – 11:30 am

Architecting Commerce Systems for Scalability
Adam Belmont, Oracle

Moscone West
Room 2012

Learn more and register now for Oracle OpenWorld 2011, San Francisco, October 2-6. View CRM Conference activities, browse our Focus On CRM program guides and full content catalog, and build your online / mobile schedule. We look forward to seeing you at OpenWorld!

Welcome To The Oracle Complete Commerce Blog

I would like to introduce myself to you and invite you to follow this new blog, Complete Commerce.  I am Michael Hylton, Director, eCommerce Product Marketing at Oracle, where I oversee product marketing for Oracle's commerce solution that allow companies to deliver a personalized, consistent cross-channel shopping experience. I have over 6 years of commerce and 16 years of experience successfully marketing enterprise software applications, SaaS and infrastructure solutions.  Again, welcome!
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THE place to find out what's new and what's happening with Oracle's E-Commerce product line.

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