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Digital Strategy for Puma India
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Agenda BRANDING IN.PUMA.COM PUMA APP PARTNERS
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branding
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Branding Objectives BRANDING Brand Presence SALES Puma website
Social Engagement Reach SALES Puma website Partner website
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Branding Approach Brand Presence Initiatives KPIs Search Presence
SEO SEM Social Presence (Relevant/ tight targeting) #Connect Campaigns on YouTube, Hotstar: Video Campaigns on ‘Buzz’ Issues Search- Puma Brand Campaigns Display Media/ Network Campaigns Brand Mentions MoM Incremental Engagement metrics Search SEM Ad Rank and Quality Scores CTR’s of Paid Ads SEO Rankings
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Branding Thought Leadership Increased technological needs
Greater systems complexity Unique Visitors/ month ASP of Repeat Visitor Repeat Visitors Downloads Loyal User base retention Repeat visitors Engagement Average Time spent Subscription KPIs Blogposts Articles Trainings Videos (Embedded + YouTube) EBooks Apps (Utility & Productivity)
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Branding Quarterly budgets Estimates (in INR Lacs) Quarter Q1 Q2 Q3 Q4
Budget/Month (in Lakhs) 5 5 - 10 10
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in.puma.com
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in.puma.com Approach: 3 to 4 Cr annual incremental sale on in.puma.com
Shopping Dynamic Re-Marketing CAC Optimisation (20% QoQ) Re-targeting High Intent Users 25% Incremental ASP SEM Display Re- Marketing Q1 to Q3 Q4 User Acquisition Repeat Orders w/ high ASP
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Total Incremental Sales
in.puma.com Channel Wise Budget Allocation Incremental Sales Estimates (in Lacs INR) Budget Allocation Search + Shopping Social Display Monthly Buffer Total Quarterly Budget Q1 15 20 10 5 50 1.5 Cr Q2 25 Q3 55 1.65 Cr Q4 30 Total Incremental Sales 45 6.3 Cr Summary In Q1 budget on Search: Social : Display = 3:4:2 Owing to the customer acquisition phase. Social and Display would also have a higher reach and Branding Effect Eventually Reduction in Display Media cost QoQ owing to higher CAC of the channel In Q4: Channels to focus on remarketing in Search, Shopping, Social while Display 80% budget on Remarketing Incremental higher budget allocation to Search and Shopping- Scale is the strength of this channel
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in.puma.com Sales Forecast Estimates (in INR Cr.) Time Targeted Growth
Sales/month Quarterly Sale Target Note Q1 5% 3.5 10.4 User Acquisition phase : Higher budget and Focus on driving reach and awareness and creating Buzz- Social+ Display Q2 10% 3.8 11.4 Phase to Experiment with campaign strategies and Identify the right Targeting and channel mix Q3 20% 4.6 13.7 Q4 5.5 16.5 Focus on remarketing and Higher LTV Users to drive Growth and ASP 52 ~25-30% Growth Annually
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in.puma.com High ASP Focus
Analyse Target Optimize Optimize search and shopping campaigns to increase cart size Shopping Cart Analysis e.g. Walmart beer diaper Case Study Scale up high ASP Audience: Acquire high intent Audience Target the right segment e.g. push high value and right complementary products to iOS users Use paid media to cross sell high value products Intelligent Offer strategy: Eg Couponing: Prefer Rs off on 2600 Vs. Rs.200 Off on Rs. 2000 Increasing ASP
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in.puma.com Feature recommendations Text Pre Paid Instruments
Partnerships are mutually rewarding. Happay earns 1.5% on each transaction done through them Happay sends a communication of 5% cashback on Puma.com Happay has a 2000 companies Client base Free Reach and chance to acquire >10 Lac+ users Partnerships with PPIs: Access to large user base with less CAC Product for businesses: Bulk Orders White Labels for Custom Designs Gift Cards
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puma app
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Puma App App Strategy Context: Why app?
The Strategy is more on the lines of driving Brand Engagement, Association and also Ecommerce Sales App Strategy is like a ‘Hook’ to build and nurture a first ever Loyalty Focus Platform! Why app? App Acts as the Primary touchpoint for the Puma User with Puma Omni-channel One stop shop for Sports Content, Utility apps, Puma Shopping Puma App
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Puma App Focus Areas Content & Engagement
Celebrity Speak: Experiences, lifestyles, routines, product auctions News & Content: Sports, Adventure - Global & Domestic Puma Community: Read, review, meet, follow, socialise Loyalty My Puma: Sync all purchases, cashbacks, bills, wallet integrations Offline to Online Integrations: Wishlists, same day delivery, easy returns, seamless payment experience Utility & Product Integrations Puma Run: Track & save workout sessions Fitbit Integration Global sports scores and live coverage (e.g. Sportskeeda, star sports) E-Commerce Surprise me: Custom product recommendations Subscription buckets Puma for Businesses: Annual corporate merchandise allowace for custom and regular Puma offerings
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Puma App Sales Strategy
Pareto 80-20: Right customer at right time using right communication (80% customised communication) Drive Repeat Purchases: Search & Display engagement Campaigns High LTV Focus: Build & Nurture Loyal Customer Community
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partners
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Partners Business Segments Existing: NURTURE Partners …
New Business: GROW Alliances: INNOVATE
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Partners Segment Strategies Innovate Nurture
Exclusive Embedded Online Puma Lounges Corporate partnerships Online Merchandising partners Grow Special landing pages Exclusive launches End of Season deals Display campaigns Top search ranks DoW based rotation Business as usual Exclusive launches & deals
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Partners Sales Targets Estimates Summary
Current Monthly Sale from partners is INR 30 Cr. Divide the Sales targets among the Business segments Figures indicate incremental new sales to be done by each segment per month Puma.com Partner Sites % Sales 10% 90% Annual 40 Cr 360 Cr Monthly 3.3 Cr 30 Cr Monthly Incremental Sales Est. (in Cr. INR) Nurture Grow Innovate Total Q1 2.5 1 13.5 Q2 2 18 Q3 3 22.5 Q4 24 Total Incremental Sales/month required 78 Cr Total Annual Growth 22%
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cheers! Vinay Amdhare
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