Posts Tagged ‘ICON’

Creating An Online Wedding Experience For Europe’s Largest Retailer.

BY ICON, POSTED 31, January 2010

ECI1Madrid, Spain based El Corte Ingles is Europe’s largest department store chain with over €17 billion in sales. Worldwide, ECI is the second largest department store chain, although, incredibly, they remain present exclusively in Spain. In a challenging retail environment, El Corte Ingles has assigned ICON to optimizing the E-Commerce experience online. ICON will begin a phased redesign of the El Corte Ingles website aimed at improving the online purchase process. Our first phase is focussed on building out the wedding registry and services online.

Wedding registries are the holy grail of recession-retail, the only category that is not shrinking. Moreover, in a recession, where couples typically take a longer engagement period, thereby increasing the length of the wedding registry commerce window.

As the virtual monopoly on retail activity in Spain, ECI has a huge online commerce opportunity to corner the market. ICON has proposed a multi-layered program focussed on establishing ECI as an integral part of the wedding planning process. The website will include community features, expert wedding commentary as well as full commerce opportunities.

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Using Data Visualization For Customer Acquisition

BY ICON, POSTED 12, December 2009

The challenge of sorting through, and making sense out of increasingly massive amounts of data has given rise to new discussions about the value of data visualization. Often the emphasis is limited to the clever graphic illustration of information, and not focussed on achieving a real business objective.

In a commercial context, smart data visualizations are, of course, an excellent tool for guiding customers towards a product purchase. The ability for customers to sort through product decisions via visual guides, can be useful in providing an added intuitive level to searching for a product, verses, for example, a standard search field. Having eased the customers path towards the desired product, the transition from to the purchase process becomes much more natural.

For the University of St. Gallen, the leader in Executive Education in the Swiss-German market, traditional customer acquisition and sales relied on direct mailing course information to a known customer base. New customers, would have to find their way to the University, and then received individual advise on which course is appropriate, available, etc. In sum, a very clumsy, inefficient, low-tech approach. In a down economy, where large companies reduce investment in Executive Education, and individuals have less financial resources, the University felt pressured to improve on this recruitment process.

The trend in data visualizations tend to fall into two categories:

1. Graphic tools to help consumers understand data trends, process large pools of data, and find a relevant insight. Here is a recent, popular example of a NYC demographic map:

NYC_Dem_Map

2. Helping consumers sort, and find relationships between information from a variety of sources. Classic examples include News visualizations, such as the Digg Labs “Arc” or the MSNBC “Spectrs News Reader”:

tree2

For the University, who maintains a constantly changing database of over 350 courses for different target audiences, business areas, start dates, costs, etc., we wanted to make it (a) easier for a user to find the relevant information and (b) connect this process to a real sale.

We developed a visual tool to help potential “customers”, sort through the over 350 potential courses of study. Users can modify their search by defining themselves by either their current job position and industry, or their “desired” position and industry. Which allows them in a dynamic way to connect the education required to reach their professional objectives.

treemap

Most importantly, from a business perspective, the path to registration and customer acquisition is rapidly increased. Having found the ideal course, users can contact the admin directly, or simply apply online.
Treemap_Course

Why the ultra-rich continue to buy luxury

BY ICON, POSTED 09, February 2009

Luxury Goods - Chanel

According to a recent survey conducted by Prince & Associates, a market research firm specializing in private wealth, consumers with a net worth of more than US$30 million are not feeling the pinch of the recession. Calgary Herald