May 19, 2020

Omni-channel

Navneet Loiwal
5 min
ALT

Omni-channel refers to the plethora of digital marketing opportunities that influence consumer decision-making and buying behavior throughout the Path-to-Purchase cycle.  Omni-channel is redefining 21st century marketing because it has created a more results-oriented way for branders to reach and relate to intended audiences – one that offers a stronger intuitive connection with the consumer and greater interactivity and collaboration among buyers and sellers than ever before possible.  And no single tool within this new marketer’s palette is better poised to direct the dialog than mobile, and in particular smartphone devices.  Mobile truly is the lynch pin within the omni-channel environment for a variety of reasons.   

 

Mobile is the predominant way for retailers to actually interject into the consumer’s mind-set in-store, making it the most powerful medium for reaching live, on-the-go shoppers, with the possible exception of aisle display and end-cap interactive advertising.  Close to half of shoppers indicate they browse retailers’ own sites or apps in-store.[1]   Because most of these mobile shoppers are highly mindful of activity on their smartphone versus other devices (simply by nature of the delivery medium), it is the most interruptive tool within a brander’s arsenal. 

 

Research has revealed that mobile usage can literally “double the value of in-store visit.” (Sourcing: Shoppertrak and Mastercard SpendPlus)[2]  And, according to Google, smartphone devices have “given retailers more opportunities to build brand loyalty – 51% (of consumers) said they used digital devices to look for additional information after buying.”[3]  This ability for branders to now reach consumers at sequential points of influence across their lives and their shopping experience has irrevocably changed the marketing equation.  The days of linear advertising simply no longer exist, and retailers who fail to utilize myriad channels – simultaneously – to reach desired targets will sadly lose competitive advantage.

 

While multiple digital tools within the omni-channel spectrum have emblazoned the marketplace, mobile in particular is at the heart of this new marketing world order because it has the opportunity to impact nearly every aspect of the retail experience.  For consumers, it’s empowering them with more information and up-to-the-minute buying opportunities.  This not only potentially encourages them to shop more, but it helps to stretch their discretionary dollar further – a feel good by-product of the mobile revolution that’s healthy for America and the shopping economy.  And, for retailers, it’s opening up a bonanza of untapped revenue generators that challenge them to better optimize each link within their profit cycle.  At the center of this omni-channel marketing evolution sits the mobile phone because it meets the needs of both parties in a reciprocal fashion.

 

Following are a few observations that will shape marketing strategy as it relates to the omni-channel spectrum and mobile’s place within this increasingly intricate new communications horizon:

 

First, holding the dialog in real-time is becoming increasingly critical – as decisions are made and influenced on the fly.  Shoppers will gravitate to retail brands that demonstrate genuine caring about their lifestyle, shopping preferences, and desired means of communication.  Thanks to today’s busy lifestyle, the average consumer is typically shopping when they are already energy and time-strapped.  By engaging with them via apps, text messaging and email, as a complement to in-store kiosks and other prominent “out-of-home” marketing channels, merchants have a greater opportunity to derive a meaningful dialogue that can direct purchase behavior in the moment.

 

Second, the conversation must be truly two-way.  Because the omni-channel environment is highly interactive, brand marketers must be listening far more than they’re talking.  This requires a dual dialog with built-in mechanisms to monitor the conversation.  It also mandates that marketers respond with more agility around the way sales and marketing messages are created.  Each communication needs to deliver measurable value for the consumer.  Consumers – by design – have overwhelmingly adapted mobile as the two-way communication tool for these purposes:  after all, we broadcast messages and instant message via our smartphones because the technology is quick and easy and the devices are always with us, wherever we go.

 

Third, the omni-channel medium the consumer chooses is dependent on time, location, and necessity, but “the message” must transcend these boundaries.  Channel preference is conditional based on user behavior, but what must remain consistent – regardless of whether it is being transmitted online, via mobile or across more static, traditional marketing channels – is the quality of the message across the selected channel.  As long as it is effectively delivered to qualified audiences in a timely fashion, marketing content that is aligned with a brand’s unique value proposition and that provides unified equity, across the marketing spectrum, will set the retailer up for greater success.

 

Fourth, with omni-channel, it’s easier to monitor shopper activity outside of the store and to effectively target consumers to come into the store.  Mobile is the at-the-ready technology that will make this possible.  As reported in RetailWire, “thanks to beacons, geo-fencing and other quickly-maturing technologies, it has become much easier for marketers to monitor where customers are shopping and to customize those shopping experiences based on specific locations.”[4]  Because there are multiple channels that consumers actively use, the volume of feedback from these varied touch points is now greater than ever, providing merchants with a robust set of metrics by which to calibrate marketing offers and customize their sales outreach.  But, it’s mobile that is truly at the heart of this equation because no other medium can accompany the consumer on his or her purchase journey in quite the same highly interactive way – offering a real time pulse point that can Engage the shopper, Elicit information, and Influence decision-making all at the same time.

 

Advances in omni-channel marketing are truly a multi-dimensional “gift” to national retailers because it gives them more integrated branding opportunities and cost-effective delivery methods literally at their fingertips.  And it allows them to hand feed their messages, with greater laser precision, to intended targets.  There is a method of access for nearly every retailer to easily reach a highly qualified and segmented consumer.  From lap tops, to wearable devices, to smartphones, e-billboards, live chat, social media and more, the possibilities are almost endless – and attainable in a budget range to accommodate most every brander’s price point. 

 

As long as the quality of the message remains worthy of the medium, the omni-channel environment is going to “open” up the marketplace for businesses on a whole new level – and in a sense will help to level the playing field to create a more inclusive overall commerce environment.  Merchants have good reason to polish their storefront shingle.  The marketing landscape is as alive and diverse as it’s been in decades.  And mobile, given it’s ubiquity, is the player up at bat with the strongest opportunity to deliver relevant, contextualized information to a hungry marketplace.

 

Navneet Loiwal is the CEO of Shopular.com, a free mobile shopping app for Apple and Android.

Share article

Jun 17, 2021

Check Point: Securing the future of enterprise IT

HOOPP
Checkpoint
3 min
Erez Yarkoni, Global VP, explains how a three-way partnership between Check Point, HOOPP, and Microsoft is yielding optimum cloud security

Cybersecurity solutions provider Check Point was founded in 1993 with a mission to secure ‘everything,’ and that includes the cloud. Conscious that nothing remains static in the digital world, the company prides itself on an ability to integrate new technology with its solutions. Across almost three decades in operation, Check Point, with its team of over 3,500 experts, has become adept at protecting networks, endpoints, mobile, IoT, and cloud.

“The pandemic has been somewhat of an accelerator in the evolution of cyber risk,” explains Erez Yarkoni, Global VP for Cloud Business. “We had remote workers and cloud adoption a long time beforehand, but now the volume and surface area is far greater.” Formerly a CIO for several big-name telcos before joining Check Point in 2019, Yarkoni considers the cloud to be “part of [his] heritage” and one of modern IT’s most valuable tools.

Check Point has three important ‘product families’, Quantum, CloudGuard, and Harmony, with each one providing another layer of holistic IT protection:

  • Quantum: secures enterprise networks from sophisticated cyber attacks
  • CloudGuard: acts as a scalable and unified cloud-native security platform for the protection of any cloud
  • Harmony: protects remote users and devices from cyber threats that might compromise organisational data

 

However, more than just providing security, Yarkoni emphasises the need for software to be proactive and minimise the possibility of threats in the first instance. This is something Check Point assuredly delivers, “the industry recognises that preventing, not just detecting, is crucial. Check Point has one platform that gives customers the end-to-end cover they need; they don't have to go anywhere else. That level of threat prevention capability is core to our DNA and across all three product lines.”

In many ways, Check Point’s solutions’ capabilities have actually converged to meet the exact working requirements of contemporary enterprise IT. As more companies embark on their own digital transformation journeys in the wake of COVID-19, the inevitability of unforeseen threats increases, which also makes forming security-based partnerships essential. Healthcare of Ontario Pension Plan (HOOPP) sought out Check Point for this very reason when it was in the process of selecting Microsoft Azure as its cloud provider. “Let's be clear: Azure is a secure cloud, but when you operate in a cloud you need several layers of security and governance to prevent mistakes from becoming risks,” Yarkoni clarifies. 

The partnership is a distinctly three-way split, with each bringing its own core expertise and competencies. More than that, Check Point, HOOPP and Microsoft are all invested in deepening their understanding of each other at an engineering and developmental level. “Both of our organisations (Check Point and Microsoft) are customer-obsessed: we look at the problem from the eyes of the customer and ask, ‘Are we creating value?’” That kind of focus is proving to be invaluable in the digital era, when the challenges and threats of tomorrow remain unpredictable. In this climate, only the best protected will survive and Check Point is standing by, ready to help. 

“HOOPP is an amazing organisation,” concludes Yarkoni. “For us to be successful with a customer and be selected as a partner is actually a badge of honor. It says, ‘We passed a very intense and in-depth inspection by very smart people,’ and for me that’s the best thing about working with organisations like HOOPP.”

Share article