Kingfisher Plc · LSE:KGF
Kingfisher — Retail talk: How to increase orders on DIY.com (2023)
14 slides from Kingfisher's conference presentation, 2023
Slide 1: Retail talk: How to increase orders on DIY.com
Jess Gillan Digital Trade Optimisation Lead, B&Q Fiona Bedford Marketplace Account Manager B&Q Retail talk How to increase orders on DIY.com Maud Billet Client Success Team Lead, UK Strategic Retail Bazaarvoice
Slide 2: Agenda
Agenda DIY.com & Boost UGC volume The power Increase orders Bazaarvoice with syndication Q&A with reviews of sampling introduction and sampling 2 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 3: What is UGC?
What is UGC? UGC (user-generated content) refers to any content — reviews, images, and videos — created by customers rather than brands or retailers A rich PDP on DIY.com: • Ratings and reviews • Customer photos 4.8 3 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 4: The importance of product reviews
The importance of product reviews Increased Improved SEO Great feedback Conversion Google loves both new and 75% of digital customers look Customers tell us what they like unique content, and and don’t like about the at reviews if available, driving reviews provide both, an 66% conversion uplift whe
Slide 5: Increase order volumes with reviews
Increase order volumes with reviews +49% conversion rate lift +13% AOV lift +69% revenue per visitor lift when shoppers interact with Source: B&Q data, 2023 ratings and reviews on DIY.com 5 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 6: Review volume & conversion lift of top-performing retailers
Review volume & conversion lift of top-performing retailers Home improvement: furnishings 270% 300% 225% RA TE 250% 163% P ERC EN TA G E L IF T IN C O N V ERSIO N 200% 143% 150% 72% 100% More reviews, 50% more purchases 0% 1–10 revi ews 11–50 revi ews 51–100 revi ews 101–500 revi ews 501+ revi ews N
Slide 7: How B&Q are collecting reviews... B&Q Native Tactics
How B&Q are collecting reviews... B&Q Native Tactics 7 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 8: How B&Q are collecting reviews... Live Syndication
How B&Q are collecting reviews... Live Syndication 8 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 9: Sampling
Sampling 95% completion 95% of reviews are 4 2X median review rate star and above length 9 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 10: Confidential and proprietary. © 2023 Bazaarvoice, Inc.
10 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 11: How does the sampling process work?
How does the sampling process work? Sampling Units Only Timeline 11 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 12: Get started
Get started https://resources.bazaarvoice.com/ https://merchanthub.kingfisher.com/uk- en/blog/guide/bazaarvoice-sampling/ brand-invite-bq.html gg Complete the Get Started form to Complete the Get Started form to begin begin optimizing conversions on DIY.com with your product sampling on DIY.com UGC
Slide 13: Key takeaways
Key takeaways More reviews = more sales Increase your reviews with syndication and sampling Where to start your sampling journey 13 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
Slide 14: Q&A
Q&A 14 Confidential and proprietary. © 2023 Bazaarvoice, Inc.
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