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Putting our long-tenured investment teams on the line to earn the trust of institutional investors.
Direct access to market leading liquidity harnessed through world-class research, tools, data, and analytics.
Helping institutional investors, traditional and alternative asset and fund managers, broker dealers and equity issuers meet the demands of a rapidly evolving market.
Leveraging cutting-edge technology and innovative tools to bring clients industry-leading analysis and investment advice.
Helping hedge funds, asset managers and institutional investors meet the demands of a rapidly evolving market.
Global short-term fixed income strategies designed to help clients manage liquidity through the cycle.
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We aim to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.
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[00:00:00.17] Finding new ways to reach customers across online and in-store channels can lead to a 1.5 times increase in their spending. So how can decision makers use data to be sure their business is on the right path?
[00:00:14.67] [MUSIC PLAYING]
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[00:00:14.84] Text: How data can empower you to navigate the business landscape. J.P. Morgan Payments.
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[00:00:20.51] In-store shopping used to be limited to just what was on the shelf, but now online shopping means customers have nearly limitless options. Ultimately, business leaders need to meet customers where they are to support every step of the shopping adventure.
[00:00:34.08] Creating a seamless experience between digital and physical channels, especially when the data revealed that some retail customers spend 1.5 times more when shopping across both. To create a clear roadmap for success, powerful customer insights are key.
[00:00:50.00] At JPMorgan Payments, we process almost $10 trillion in daily transactions, which is enough to buy 56 billion hiking boots in one day. The customer insight solution equips businesses with analytics around where, when, and how customers are buying their products.
[00:01:07.20] In fact, that's how they help develop a new holiday sales strategy for an outdoor retailer looking to climb higher in a nearly $28 billion industry.
[00:01:16.69] We discovered that most customers made their first purchase in-store, even though 75% of those customers made all subsequent purchases online.
[00:01:27.10] JPMorgan's Customer Insights also revealed the holiday shopping spike, with 40% of sales from new customers occurring from late October to December, concentrated in just a few cities.
[00:01:38.99] Combining the two insights, the company was able to open pop-up shops in cities with high digital sales and no physical stores to expand their customer base. They then offered in-store shoppers a coupon for their next online purchase.
[00:01:53.57] The result, A 30% sales boost and an expanded customer base.
[00:01:58.16] No matter what business you're in, understanding where your customers are can help you reach them and your goals.
[00:02:05.11] If you're in search of a trusted sherpa for your payments needs, turn to JPMorgan Payments API first infrastructure and robust end-to-end payments solutions.
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[00:02:15.08] J.P. Morgan.com
J.P. Morgan Payments Customer Insights equips businesses with analytics around where, when and how people are buying their products. The intersection of physical and digital shopping has converged, and facilitating online and in-store cross-channel support can lead to an increase in customer spending. Our behavior data and insights can help create a seamless “phygital” experience that delivers for shoppers.
*Future capabilities of Customer Insights are under development; features and timelines are subject to change at the Bank’s sole discretion.
© 2024 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Deposits held in non-U.S. branches are not FDIC insured. Non-deposit products are not FDIC insured. The statements herein are confidential and proprietary and not intended to be legally binding. Not all products and services are available in all geographical areas. Visit HYPERLINK "https://www.jpmorgan.com/disclosures/payments" jpmorgan.com/paymentsdisclosure for further disclosures and disclaimers related to this content.
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