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MARKETING AUTOMATION:
W email is still the killer app!
 hy




        Chaz McGregor – SATIC eTOURISM CONVENTION
        Prepared by Via Media Communications. A Digital and Direct Marketing Agency.
“ Via Media is South Australia’s leading Digital
  and Direct Marketing Agency. W combine
                                   e
  strategy, creative, data and technology to
  connect our clients with today’s customers. .    ”
Former Director
                  W Am I T T
                   ho     o alk?



Past Clients
W W Do it For
 ho e
Today’s Discussion


•   Marketing Automation: A Practical Definition
•   Upside
•   Case Studies
•   What You Should Do Tomorrow
A Definition

Marketing Automation is

2.Defining your customer journey
3.Then identifying possible life-cycle touch points
4.And planning marketing programs that match up
5.Using technology that can deliver them automatically
6.To nurture leads into sales and repeat business
The Customer Journey
   PR, Online                                                      Website, SEM,             Email, Share to
   Advertising                 DM, Website, SEM,                   Email, Social              Social, Social
                               Email, Blogs, Social

                  PR, SEM
                                             Website,  
                                                                               Email, Social
                                                      SEM, Email
                                                       




Awareness        Knowledge   Consideration    Selection     Satisfaction           Loyalty          Advocacy




             Pre-Purchase                        Purchase                     Post-Purchase
It’s All About ROI




Marketing Performance http://www.datranmediasurvey2010.com/
The King is Dead?


   Commercial e-mail
returned $40.56 for every
dollar spent on it in 2011

 source: DMA’s 2011 Power of Direct economic-impact study
Long Live the King!



 In 2012, Email Marketing is
predicted to account for $67.8
        billion in sales.

source: DMA’s 2011 Power of Direct economic-impact study
W Email works …
                        hy


•   It allows targeting
•   It is data driven
•   It drives direct sales
•   It builds relationships, loyalty and trust
•   It supports sales through other channels
And most importantly …


Reach the right audience,
 With the right content,
   At the right time!
How is this achieved ?



Behavioral triggered campaigns
perform 325% better than simple
        blast campaigns

       (Silverpop B2B research)
Triggered Email Campaigns W Better
                           ork

 Volume of Emails sent      Sales Generated

             4.1%
             Triggered
             Campaigns


                         40.2%
                         Triggered
                         Campaigns   59.8 %
          95.9 %                     Batch
          Batch                      Campaigns
          Campaigns
Appetite for Consumption

                                                                                         Average buyer
                                                                                        consumes 20-50
                                                                                        content assets in
                                                                                          60 days (IT
                                                                                            buyer)




Source: Google/TechTarget Behavioral Research Project
                   Phase 2: 2010

                        Email is one of the most cost effective and highest returning
                         forms of communicating with a customer throughout the
                                         entire relationship life cycle.
Behavioural Segmentation
Traditional Segmentation       Segmentation 2.0
• Geographic                   Adding real-time behavior elements
   – Region                    including…
   – Population Density
• Demographic                  •Purchase Behavior
   – Age                           –   Last purchase date
                                   –   Number of purchases
   – Gender                        –   Purchase value
   – Income                    •Web Behavior
• Psychosocial                     –   Visited your website
   – Social Class                  –   Viewed a product page
   – Lifestyle                     –   Submitted a web form
                                   –   Accessed your online resources
• RFM Analysis                 •Social Behavior
   – Recency                      •    Shared your message with others
   – Frequency                 •Email Behavior
   – Monetary                      –   Clicked an email link
Behavioural Segmentation

• Highly relevant to
  individual or buying
  stage

• Based on web activities

• “Set it and forget it”

• Increased Revenue
  Performance
EUROSTAR UK eg: “Leisure traveller’s conversation”

         Reactivation (not
         travelled in 12mths)


      7. Lastminute                                                     1. Confirmation
      availability                         Purchase ticket              (receipt)
      (tactical)

 6. Destination                                                               2. Cross-sell (just
 inspiration                                                                  after receipt)
 (monthly)                       Inspiration                 Purchase
                                 phase                       phase

        5. Leisure                                                            3. Pre-travel
        newsletter                                                            inspiration (7-10
        (Quarterly)                                                           days before)

Non bookers incentive (not
booked since subscribed)
                                                                        4. Welcome back
                                                                        (Mon after w/e)
                 Subscribe to newsletter
The Value of Nurturing

•   Nurture campaigns have 2X the Open Rates and 3X
    the Click-Through-Rates at of one-off emails
•   23% shorter deal times for nurtured than non-nurtured
    leads
•   Higher win ratios for prospects touched 3-4 times per
    month by marketing nurture campaigns.
•   47% higher order value from closed sales that were
    nurtured versus sales that were not
•   Increase sales-ready leads by 50% using existing
    staff for nurturing campaigns with little to no
    incremental investment



           Source: Aberdeen, Sirius Decisions, Demand Gen Report, and
           Silverpop Research
Campaign Design: If. Then.
Abandoned Cart Mails Rock

       •25% conversion on cart
        abandoners.
       •Cart program accounts for
        almost 1/3 of TOTAL
        yearly email sales
Abandoned Cart Mails Rock


                  Abandoned Cart   Promotional
                      Emails          Emails     Comparison
Open Rate             37%             8%            4.6x

Click-through         41%             14%           2.9x
rate
Conversion rate       20%             5%             4x

Sales/email           $7.46           $.08          97x


   Source: Silverpop Client
Post Purchase Review Requests

                 14% of those
                 who click place
                 another order


                 2nd highest
                 conversion rate
                 next to
                 Abandon Cart
                 emails.
The Tools
Tools we use


                      Certified Partner    Certified Partner

Other great tools




Web 2.0 Platforms




Don’t forget though
So W Do I Do Tomorrow?
                 hat

•   Define your customer journey
•   Prep a content plan for each step
•   Invest in the tools to support it
•   Do the heavy lifting up front (resource
    intensive)
•   Test, Refine, Retest, Refine
•   Set and Forget (for a while)
•   Measure, Retest
•   Outsource, but no substitute for immersion
Want to Talk Some More?




Chaz McGregor
08 7225 2688
0431 535 531
Twitter: chazmcgregor
Skype: chazmcgregor
LinkedIn: chazmcgregor
www.viamedia.com.au

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Marketing Automation: Why Email is still the killer app!

  • 1. MARKETING AUTOMATION: W email is still the killer app! hy Chaz McGregor – SATIC eTOURISM CONVENTION Prepared by Via Media Communications. A Digital and Direct Marketing Agency.
  • 2. “ Via Media is South Australia’s leading Digital and Direct Marketing Agency. W combine e strategy, creative, data and technology to connect our clients with today’s customers. . ”
  • 3. Former Director W Am I T T ho o alk? Past Clients
  • 4. W W Do it For ho e
  • 5. Today’s Discussion • Marketing Automation: A Practical Definition • Upside • Case Studies • What You Should Do Tomorrow
  • 6. A Definition Marketing Automation is 2.Defining your customer journey 3.Then identifying possible life-cycle touch points 4.And planning marketing programs that match up 5.Using technology that can deliver them automatically 6.To nurture leads into sales and repeat business
  • 7. The Customer Journey PR, Online Website, SEM, Email, Share to Advertising DM, Website, SEM, Email, Social Social, Social Email, Blogs, Social PR, SEM Website,   Email, Social SEM, Email   Awareness Knowledge Consideration Selection Satisfaction Loyalty Advocacy Pre-Purchase Purchase Post-Purchase
  • 8. It’s All About ROI Marketing Performance http://www.datranmediasurvey2010.com/
  • 9. The King is Dead? Commercial e-mail returned $40.56 for every dollar spent on it in 2011 source: DMA’s 2011 Power of Direct economic-impact study
  • 10. Long Live the King! In 2012, Email Marketing is predicted to account for $67.8 billion in sales. source: DMA’s 2011 Power of Direct economic-impact study
  • 11. W Email works … hy • It allows targeting • It is data driven • It drives direct sales • It builds relationships, loyalty and trust • It supports sales through other channels
  • 12. And most importantly … Reach the right audience, With the right content, At the right time!
  • 13. How is this achieved ? Behavioral triggered campaigns perform 325% better than simple blast campaigns (Silverpop B2B research)
  • 14. Triggered Email Campaigns W Better ork Volume of Emails sent Sales Generated 4.1% Triggered Campaigns 40.2% Triggered Campaigns 59.8 % 95.9 % Batch Batch Campaigns Campaigns
  • 15. Appetite for Consumption Average buyer consumes 20-50 content assets in 60 days (IT buyer) Source: Google/TechTarget Behavioral Research Project Phase 2: 2010 Email is one of the most cost effective and highest returning forms of communicating with a customer throughout the entire relationship life cycle.
  • 16. Behavioural Segmentation Traditional Segmentation Segmentation 2.0 • Geographic Adding real-time behavior elements – Region including… – Population Density • Demographic •Purchase Behavior – Age – Last purchase date – Number of purchases – Gender – Purchase value – Income •Web Behavior • Psychosocial – Visited your website – Social Class – Viewed a product page – Lifestyle – Submitted a web form – Accessed your online resources • RFM Analysis •Social Behavior – Recency • Shared your message with others – Frequency •Email Behavior – Monetary – Clicked an email link
  • 17. Behavioural Segmentation • Highly relevant to individual or buying stage • Based on web activities • “Set it and forget it” • Increased Revenue Performance
  • 18. EUROSTAR UK eg: “Leisure traveller’s conversation” Reactivation (not travelled in 12mths) 7. Lastminute 1. Confirmation availability Purchase ticket (receipt) (tactical) 6. Destination 2. Cross-sell (just inspiration after receipt) (monthly) Inspiration Purchase phase phase 5. Leisure 3. Pre-travel newsletter inspiration (7-10 (Quarterly) days before) Non bookers incentive (not booked since subscribed) 4. Welcome back (Mon after w/e) Subscribe to newsletter
  • 19. The Value of Nurturing • Nurture campaigns have 2X the Open Rates and 3X the Click-Through-Rates at of one-off emails • 23% shorter deal times for nurtured than non-nurtured leads • Higher win ratios for prospects touched 3-4 times per month by marketing nurture campaigns. • 47% higher order value from closed sales that were nurtured versus sales that were not • Increase sales-ready leads by 50% using existing staff for nurturing campaigns with little to no incremental investment Source: Aberdeen, Sirius Decisions, Demand Gen Report, and Silverpop Research
  • 21. Abandoned Cart Mails Rock •25% conversion on cart abandoners. •Cart program accounts for almost 1/3 of TOTAL yearly email sales
  • 22. Abandoned Cart Mails Rock Abandoned Cart Promotional Emails Emails Comparison Open Rate 37% 8% 4.6x Click-through 41% 14% 2.9x rate Conversion rate 20% 5% 4x Sales/email $7.46 $.08 97x Source: Silverpop Client
  • 23. Post Purchase Review Requests 14% of those who click place another order 2nd highest conversion rate next to Abandon Cart emails.
  • 24. The Tools Tools we use Certified Partner Certified Partner Other great tools Web 2.0 Platforms Don’t forget though
  • 25. So W Do I Do Tomorrow? hat • Define your customer journey • Prep a content plan for each step • Invest in the tools to support it • Do the heavy lifting up front (resource intensive) • Test, Refine, Retest, Refine • Set and Forget (for a while) • Measure, Retest • Outsource, but no substitute for immersion
  • 26.
  • 27. Want to Talk Some More? Chaz McGregor 08 7225 2688 0431 535 531 Twitter: chazmcgregor Skype: chazmcgregor LinkedIn: chazmcgregor www.viamedia.com.au

Notes de l'éditeur

  1. The ability for marketers to track their email campaigns by segment isn’t easy. Segmentation typically consists of some geographic, demographic, and psychosocial variables. These alone don’t take into account a person’s behavior which is why some companies use a RFM (Recency, Frequency, Monetary) analysis. But a RFM Analysis is static. What about the new person that just signed up for your eNewsletter or visited your webpage? How does an email Marketer using traditional segmentation know what the appropriate message to send them? [Mouse Click] Silverpop believes the answer for email marketers is Segmentation 2.0. With Segmentation 2.0, a company can combine the traditional segmentation methods they are used to with a person’s real-time behavior like Purchase, Web, Social, and Email behavior. Let’s take a look at how email marketers can use Segmentation 2.0.
  2. PD/MM: Please use this slide during closing points instead of here. Please see notes on slide 50.