Posts Tagged ‘Endeca’

Brett Hurt Wal-Mart Goes Multichannel with User-Generated Content

January 6th, 2008 by Brett Hurt Founder and CEO
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The Social Commerce industry hit another major tipping point this holiday season.  Wal-Mart, the world's largest retailer, has begun the process of integrating user-generated content into their stores.  There are three integration points so far (see the bottom of this post for screenshots), with undoubtedly more to come:

  1. Store merchandise receipts: encouraging customers to write reviews and visit Walmart.com to shop by reviews.
  2. Store shelf fact tag: encouraging customers to research reviews prior to their purchase.
  3. In-store and newspaper circulars: encouraging customers to visit Walmart.com to shop by reviews.

In all three integration points, Wal-Mart is pointing their customers to a common URL: Walmart.com/ratings.  This campaign "landing page" not only teaches the mass market how to write reviews (many of them for the first time) on Walmart.com, but it also teaches them how to shop by reviews.   This is a great showcase of what is possible with our partner integrations – Endeca, in this case (see Brant's December interview with Endeca).

This is a nationwide campaign for Wal-Mart, and one of the best examples I have seen to date of multichannel integration.  We have been giving webinars and advice on the topic through our Community Managers and, 2007 marked the year where we saw a lot of traction in this area (ask us for other examples).  But to see the world's largest retailer launch this in such a powerful integrated fashion, just six months after launching Bazaarvoice, is extremely impressive.  Congratulations to our Client Services team for proactively working with Wal-Mart and achieving such a milestone for both our company and industry.

Since the launch of this campaign, we have seen Walmart.com's customer review volume increase substantially. 

For other ideas on multichannel integration, be sure to check out my December post on the topic (integrating for maximum Black Friday and Cyber Monday benefit) and ask your Community Manager for ideas.  We are working hard to evolve with our clients in this area because we see the real impact of user-generated content extending far beyond the walls of your website.

Wal-Mart's December Receipt Tape

Wal-Mart's Shelf Fact Tag

Wal-Mart's December Circular

Brant Barton Partner Interview: Matt Eichner, VP Marketing & Strategic Development, Endeca

December 18th, 2007 by Brant Barton Co-Founder and Chief Innovation Officer

In this third installment of the Bazaarblog partner interview series, Matt Eichner, VP Marketing & Strategic Development at Endeca, shares his views on where the field of information access is heading, specifically within the e-commerce domain.  Endeca and Bazaarvoice share many customers in common and have partnered to bring social navigation functionality to market through out-of-the-box integration, so we were eager to pick Matt's brain about what the future has in store for Endeca. 

1.  Google’s mission is to organize the world’s information.  As a B2B company that provides access to information, what is Endeca’s mission? 

Endeca’s mission is to inform – and influence – daily decision making.  This manifests itself in many ways across many different industries.  But the idea is that businesses are sitting on a wealth of information in a wide variety of formats that lives in different places.  If you can give people the ability to better explore, analyze and understand this information in a way that helps them make better decisions, the aggregate positive economic value of all these better decisions is mind-boggling. 

Take e-commerce as an example.  A consumer shows up on your website looking for a great digital camera for her 65 year old mother – they are at some stage of the buying decision process.  They aren’t just looking for a list of all the cameras you have.   They want information about those options that will help them figure out which one is the perfect match.  They may care about common things like brand, price or resolution, but they also may care about what features matter most to less tech savvy people like their mom.  This info may come from product catalogs, buyers guides and customer reviews.  The challenge is pulling it all together in a way that supports this unique buying decision…and making sure you do the same for all users: The amateur photographer…or the person looking for the best kids games for the Wii…or the shopper who literally has no idea what to get her 10 year old nephew for Christmas. Influencing a unique decision is worth 10’s or hundreds of dollars.  Influencing all of the unique decisions is worth 10s or even hundreds of millions of dollars when you think about the aggregate volume of commerce traffic.   

2.  I associate Endeca with search and “Guided Navigation”, but “discovery” has become a popular term in our industry over the last year.  Endeca released its Discovery Suite very recently, which includes a social navigation module.  How do you differentiate “discovery” from “guided search and navigation”? 

Search can be an effective tool for fact finding, if you know what you are looking for and how to ask for it.  Want to know how much a Wii costs…and if they actually have any in stock?  No problem, type “Wii” in the search box and voila.  But search is a poor tool for discovery, where you may not know exactly what is available and can’t ask for it precisely. Stores like Walmart.com have millions of SKUs.  How could anyone possibly know even a fraction of what might be available in a catalog that size? Shopping for your nephew and you want to know what are the hot toys this holiday season for 10 year old boys?  How would you describe that question?  Search isn’t going to help. 

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Brett Hurt Second Life Goes Open-Source

January 9th, 2007 by Brett Hurt Founder and CEO

Second Life just open-sourced their client browser.  I agree with them that this move was inevitable (and smart), and I think it will lead to accelerating adoption as well as linkages of Second Life to 2D Web, "real-life" experiences (like MySpace, Facebook, LinkedIn, Yelp, Google Checkout, and the many others).  We are already seeing many linkages to social networking profiles via ProfileLinker and others.

Again, Second Life may not be the 3D Web to survive – it is very early in the adoption curve and it all depends on their execution (the good, old basics of business).  But this move should be the spark needed to fuel further interest in the 3D Web as the next-generation medium for shopping, browsing, and socially connecting.  Just look at what happened with FireFox, based on the open-source Mozilla Project.  It now represents over 4.5% of all Web browsers in use.  That may seem like a small number, but remember how many people are online now (over 1 billion).  And don't count the market-share leader, Microsoft, out in adopting the 3D Web.

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