28.10.2015 Views

in China

dU__qNp

dU__qNp

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

COVER STORY<br />

onl<strong>in</strong>e or wherever,” says Malik. “We get a lot of<br />

engagement when there is gam<strong>in</strong>g and a sense of<br />

fun that’s also on brand.”<br />

She po<strong>in</strong>ts to Gap’s public cast<strong>in</strong>g call to f<strong>in</strong>d the<br />

next face for their kids/baby campaign, which<br />

attracted huge attention <strong>in</strong> Shanghai, as an<br />

example of leverag<strong>in</strong>g game elements on social<br />

media. Parents posted their children’s photo, a<br />

popular practice <strong>in</strong> Ch<strong>in</strong>a, and people voted for the<br />

w<strong>in</strong>ner.<br />

Digital coupons that reveal prizes when scratched<br />

onl<strong>in</strong>e, often used dur<strong>in</strong>g special holidays like Qixi<br />

(Ch<strong>in</strong>ese Valent<strong>in</strong>e’s Day) are successful because<br />

they appeal to a customer’s desire to have fun.<br />

Malik is also th<strong>in</strong>k<strong>in</strong>g deeply about brand loyalty,<br />

harder to secure as the field gets more crowded.<br />

has developed successfully elsewhere.<br />

“If you do not put a lot of <strong>in</strong>telligence beh<strong>in</strong>d it<br />

and you just light up <strong>in</strong>ventory and have it<br />

operationally execute, you can actually end up<br />

los<strong>in</strong>g money <strong>in</strong> the shipp<strong>in</strong>g cost or with different<br />

prices and promotions <strong>in</strong> different parts of your<br />

bus<strong>in</strong>ess,” says Malik. “I am look<strong>in</strong>g at us<strong>in</strong>g<br />

a more ref<strong>in</strong>ed algorithm com<strong>in</strong>g from North<br />

America to do that.”<br />

But <strong>in</strong> terms of social media and a mobile-first<br />

strategy, the only place to look is at Ch<strong>in</strong>a itself.<br />

And <strong>in</strong> these areas, the rapid pace is relentless.<br />

“Just last year <strong>in</strong> the US, we were talk<strong>in</strong>g about<br />

how everyth<strong>in</strong>g should be mobile first. That<br />

conversation <strong>in</strong> Ch<strong>in</strong>a happened three years ago,”<br />

says Malik. Even <strong>in</strong> the last few years, there have<br />

“THE CUSTOMER MOVES SO FAST that traditional<br />

consumer <strong>in</strong>sights every six to twelve months is pretty irrelevant,”<br />

says Malik.<br />

She says she is currently formulat<strong>in</strong>g a way to go<br />

much further than they have before, not just with<br />

discounts or bounce backs, but to provide unique<br />

exclusives for the loyal consumer.<br />

But she won’t be rush<strong>in</strong>g <strong>in</strong> bl<strong>in</strong>dly. Her approach<br />

is to cont<strong>in</strong>ue to leverage their second mover<br />

advantage. This means not haphazardly go<strong>in</strong>g<br />

live with new <strong>in</strong>itiatives - and be<strong>in</strong>g stuck with<br />

attempt<strong>in</strong>g to tweak changes once onl<strong>in</strong>e - but<br />

paus<strong>in</strong>g to th<strong>in</strong>k about what makes the relationship<br />

with the consumer sticky and do<strong>in</strong>g rigorous<br />

test<strong>in</strong>g before roll<strong>in</strong>g out new <strong>in</strong>itiatives.<br />

been radical shifts. “When I first visited Ch<strong>in</strong>a<br />

three years ago, everybody was talk<strong>in</strong>g about<br />

Weibo; now, everybody is talk<strong>in</strong>g about Wechat.”<br />

Malik f<strong>in</strong>ds herself fasc<strong>in</strong>ated by how much time<br />

people spend on their phone.<br />

“It is real communication that can turn <strong>in</strong>to<br />

commerce that happens here. I still don’t<br />

see mean<strong>in</strong>gful <strong>in</strong>tegration of Facebook <strong>in</strong>to<br />

commerce, of <strong>in</strong>stagram <strong>in</strong>to commerce, of<br />

P<strong>in</strong>terest <strong>in</strong>to commerce. But Wechat has<br />

<strong>in</strong>tegrated it.”<br />

ADDING EASE, EXPERIENCE AND EMOTION<br />

“There are a lot of sh<strong>in</strong>y new co<strong>in</strong>s. You have to be<br />

very careful about which ones actually add ease,<br />

experience and emotion to the customer versus<br />

it be<strong>in</strong>g a gimmick or a good idea, but not really<br />

be<strong>in</strong>g very well thought through,” she says.<br />

She po<strong>in</strong>ts to the latest onl<strong>in</strong>e-to-offl<strong>in</strong>e (O2O)<br />

craze around shipp<strong>in</strong>g product from stores to<br />

consumers who purchased onl<strong>in</strong>e, a service Gap<br />

This is one area where Malik is not hold<strong>in</strong>g back,<br />

but rather ramp<strong>in</strong>g up to boost Gap’s consumer<br />

<strong>in</strong>sights abilities. “The customer moves so fast that<br />

traditional consumer <strong>in</strong>sights every six to twelve<br />

months is pretty irrelevant,” she says.<br />

“The consumer is the only place to go to figure<br />

out the future, because they are fast. If I could<br />

exaggerate, I would say this is an entire country of<br />

first movers and first adopters.” n<br />

IMA ASIA CEO DIALOGUES<br />

AUTUMN 2015<br />

4

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!