For Black Friday, Sport Chek had an ambitious target: beating Amazon at the online retail battle they’ve owned for more than a decade. Quite a challenge since Sport Chek invests nothing close to the billions Amazon invests online. But how do we select the flagship products that will give us the edge over the competition in the eyes of consumers?
As D-Day approached, we noticed that the average conversion rate on the SportChek site was dropping, and that the average number of abandoned items in baskets was increasing by the hour. It was clear: consumers were abandoning their baskets in order to better compare prices and discounts with the competition. Consumers were window-shopping online, just as they do at the mall!
Consumers told us, in real time, which of the thousands of items available on the SportChek site could be used as flagship products to attract new consumers to our site. Finally, consumer behavior also informed us on which categories to bet on against Amazon, knowing that we didn't have the capacity, or the budget, to beat them across the board.
So, a few hours before the start of the campaign, we activated abandoned categories and items in shopping baskets to attract potential new consumers with the most in-demand products. A risky gamble, given that in retail, these star products are usually determined months in advance by marketing teams, blocking any possibility and opportunity to react to consumer responses when the time comes. But make no mistake, this wasn't just a traditional retargeting tactic.
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