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AGENTS OF CHANGE
                                  Living and loving the communication revolution.




                                                                      Retail
!
                                                                      Strategies
                                                                       Rhys Hayes
    Wednesday, 24 February 2010
Wednesday, 24 February 2010
Email marketing: Origins and Evolution


                WalMart Catalogue                 WalMart eDM




Wednesday, 24 February 2010
Hi Rhys,


Wednesday, 24 February 2010
Creating an email marketing plan

                Step 1: What is the role of email marketing for our retail business
                        - Online sales driver?
                        - Web-to-store sales driver?
                        - Hybrid?

                Step 2: What do our customers want?
                        - online purchase behaviour/intent
                        - Role of email in our customers life

                    Step 3: Develop an email communications plan to compliment customer and business needs

                    Step 4: Designing and developing eDM templates

                    Step 4: Getting the Technology Right

                    Step 5: Implement, measure and optimise


Wednesday, 24 February 2010
Creating an email marketing plan

                Step 1: What is the role of email marketing for our retail business
                        - Online sales driver?
                        - Web-to-store sales driver?
                        - Hybrid?

                Step 2: What do our customers want?
                        - online purchase behaviour/intent
                        - Role of email in our customers life

                    Step 3: Develop an email communications plan to compliment customer and business needs

                    Step 4: Designing and developing eDM templates

                    Step 4: Getting the Technology Right

                    Step 5: Implement, measure and optimise


Wednesday, 24 February 2010
Communications Plan




Wednesday, 24 February 2010
Communication Plan
                                             COMMUNICATION VOLUMES
                                          Customer Type A Customer Type B   Customer Type C
                       Early Engagement          1               1                 1
                        Viral Marketing          2               4                 6
                         Transactional           5               3                 7
                       Dynamic Content          12              12                12
                       Trigger Messages          4               4                 8
                            Lifecycle            3               2                 2
                         Re marketing            0               1                 1




Wednesday, 24 February 2010
Communication Plan
                                              COMMUNICATION VOLUMES
                                           Customer Type A Customer Type B              Customer Type C
                       Early Engagement           1               1                            1
                        Viral Marketing           2               4                            6
                         Transactional            5               3                            7
                       Dynamic Content           12              12                           12
                       Trigger Messages           4               4                            8
                            Lifecycle             3               2                            2
                         Re marketing             0               1                            1

   Persona Profiling

                  Customer Type: B
                  Estimated transaction frequency: 4 purchases per year
                  Estimated interaction frequency: 45%

                        Month    Jan   Feb Mar April May June       July   Aug   Sept     Oct   Nov   Dec
                        Comms     3     1   1   4     3    1         1      1     3        2     3     4

Wednesday, 24 February 2010
Early Engagement                                           1(of 8)
  Welcome and Engage

                Purpose
                When a customers joins/subscribes to a
                mailing list, the first communication they
                receive is critical to ensuring ongoing
                engagement.

                Objectives
                - Communicate value proposition
                - Provide a unique or special offer
                - Re-explain what the customer has
                opted in for




Wednesday, 24 February 2010
Viral Marketing                                            2(of 8)
  Dedicated offers and incentives

                Purpose
                When customers sign up to receive
                communications from business, they are
                signing up to your brand. Highly engaged
                customers are receptive to special offers
                that can drive incremental sales and
                CRM registrations.

                Objectives
                - Communicate key brand messages
                through creative execution
                - Drive incremental sales
                - Drive friend-get-friend CRM registration




Wednesday, 24 February 2010
Transactional                                            3(of 8)
  Leveraging the highest open rate communication

                Purpose
                Transactional emails, those confirming a
                transaction has occurred have some of
                the highest open rates of any form of
                email, making them a critical par of the
                eDM marketing mix.

                Objectives
                - Provide opportunity to up-sell on
                similar/complimentary product lines




Wednesday, 24 February 2010
Dynamic Content                                         4(of 8)
  Personalise content based on consumer behaviour

                Purpose
                When integrated with web based
                analytics tools, email content can be
                personalised to recipients based on the
                browsing habits

                Objectives
                - Provide contextually relevant offers
                - Target high value customers with high
                value propositions




Wednesday, 24 February 2010
Triggered Messaging                                     5(of 8)
  Respond on profile and action data

                Purpose
                When a consumer completes an action,
                or an event occurs (based on the
                customers profile data) send
                personalised messages reponding to that
                action.

                Objectives
                - Create deeper, more personalised
                relationships with customers
                - Send targeted special offers based on
                customer profile information
                - Respond directly to customer actions




Wednesday, 24 February 2010
Lifecycle Programs                                     6(of 8)
  Convenience can drive retention

                Purpose
                Create trigger based email based on
                product and event lifecycles.

                Objectives
                - Provide convenient reminders to
                customers based on their profile
                information
                - Increase customer retention rates by
                engaging them only when they need to
                consider re-purchase
                - Create more targeted campaigns




Wednesday, 24 February 2010
Reactivate                                                7(of 8)
  Don’t wash them away without trying first....

                Purpose
                When a consumer has not interacted
                (click through or conversion) with a
                communication for a set period of time, a
                specific communication may be sent to
                encourage them to re-engage with the
                brand.

                Objectives
                - Re-engage customers who have not
                actively responded to offers
                - Reduce database churn




Wednesday, 24 February 2010
Remarketing                                             8(of 8)
  Abandoned task communications

                Purpose
                When a consumer terminates a session,
                the data collected in that session may
                demonstrate a partially completed task.
                When this task is linked to conversion
                metrics there may be an opportunity to
                ‘remarket’ with a view to encouraging
                task completion.

                Objectives
                - Increase task completion rates
                - Re-engage customers who terminate
                specific tasks
                - Increase sales/ROI by analysing,
                targetting and re-engaging conversion
                funnel drop outs


Wednesday, 24 February 2010
Designing eDM Templates




Wednesday, 24 February 2010
‘From’ and ‘Subject Line’




Wednesday, 24 February 2010
Above the fold




Wednesday, 24 February 2010
On Mobile Devices




Wednesday, 24 February 2010
Calls to Action

                              ]   Standard header with custom campaign hero tile




                              ]   Hero products, targeted based on campaign
                                  - Each links to the contextually relevant product area within the website




                              ]    Catalogue call to action



                              ]    Standard footer with deep linking


Wednesday, 24 February 2010
Integrating the Right
                                   Technology




Wednesday, 24 February 2010
Selecting the Right Vendor

   Enterprise ESP’s




   Load and Blast/DIY Solutions




Wednesday, 24 February 2010
Selecting the Right Vendor


                              ✓ Strategic Guidance to advance program sophistication
                              ✓ Programmed Repeatability
                              ✓ Analytics Capabilities
                              ✓ Technical Integration capabilities
                              ✓ Social and Mobile Integration
                              ✓ Market presence
                              ✓ Modular service offering - what else can I plug in?

Wednesday, 24 February 2010
Wednesday, 24 February 2010
Implement,
                              Measure and
                              Optimise




Wednesday, 24 February 2010
Once a campaign has been implemented, there are three questions to ask:


                        1.    1. Did it get the response we wanted?
                        2.    2. If not,why not?
                        3.    3. What trend data is evident?




Wednesday, 24 February 2010
Measuring Performance


                              ➡ Objective performance measures

                              ➡ Diagnostic measures

                               ➡ Intra-campaign measurement tools

                              ➡ Post campaign evaluation tools




Wednesday, 24 February 2010
Wednesday, 24 February 2010

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Email For Retail (AIMIA Victoria)

  • 1. AGENTS OF CHANGE Living and loving the communication revolution. Retail ! Strategies Rhys Hayes Wednesday, 24 February 2010
  • 3. Email marketing: Origins and Evolution WalMart Catalogue WalMart eDM Wednesday, 24 February 2010
  • 4. Hi Rhys, Wednesday, 24 February 2010
  • 5. Creating an email marketing plan Step 1: What is the role of email marketing for our retail business - Online sales driver? - Web-to-store sales driver? - Hybrid? Step 2: What do our customers want? - online purchase behaviour/intent - Role of email in our customers life Step 3: Develop an email communications plan to compliment customer and business needs Step 4: Designing and developing eDM templates Step 4: Getting the Technology Right Step 5: Implement, measure and optimise Wednesday, 24 February 2010
  • 6. Creating an email marketing plan Step 1: What is the role of email marketing for our retail business - Online sales driver? - Web-to-store sales driver? - Hybrid? Step 2: What do our customers want? - online purchase behaviour/intent - Role of email in our customers life Step 3: Develop an email communications plan to compliment customer and business needs Step 4: Designing and developing eDM templates Step 4: Getting the Technology Right Step 5: Implement, measure and optimise Wednesday, 24 February 2010
  • 8. Communication Plan COMMUNICATION VOLUMES Customer Type A Customer Type B Customer Type C Early Engagement 1 1 1 Viral Marketing 2 4 6 Transactional 5 3 7 Dynamic Content 12 12 12 Trigger Messages 4 4 8 Lifecycle 3 2 2 Re marketing 0 1 1 Wednesday, 24 February 2010
  • 9. Communication Plan COMMUNICATION VOLUMES Customer Type A Customer Type B Customer Type C Early Engagement 1 1 1 Viral Marketing 2 4 6 Transactional 5 3 7 Dynamic Content 12 12 12 Trigger Messages 4 4 8 Lifecycle 3 2 2 Re marketing 0 1 1 Persona Profiling Customer Type: B Estimated transaction frequency: 4 purchases per year Estimated interaction frequency: 45% Month Jan Feb Mar April May June July Aug Sept Oct Nov Dec Comms 3 1 1 4 3 1 1 1 3 2 3 4 Wednesday, 24 February 2010
  • 10. Early Engagement 1(of 8) Welcome and Engage Purpose When a customers joins/subscribes to a mailing list, the first communication they receive is critical to ensuring ongoing engagement. Objectives - Communicate value proposition - Provide a unique or special offer - Re-explain what the customer has opted in for Wednesday, 24 February 2010
  • 11. Viral Marketing 2(of 8) Dedicated offers and incentives Purpose When customers sign up to receive communications from business, they are signing up to your brand. Highly engaged customers are receptive to special offers that can drive incremental sales and CRM registrations. Objectives - Communicate key brand messages through creative execution - Drive incremental sales - Drive friend-get-friend CRM registration Wednesday, 24 February 2010
  • 12. Transactional 3(of 8) Leveraging the highest open rate communication Purpose Transactional emails, those confirming a transaction has occurred have some of the highest open rates of any form of email, making them a critical par of the eDM marketing mix. Objectives - Provide opportunity to up-sell on similar/complimentary product lines Wednesday, 24 February 2010
  • 13. Dynamic Content 4(of 8) Personalise content based on consumer behaviour Purpose When integrated with web based analytics tools, email content can be personalised to recipients based on the browsing habits Objectives - Provide contextually relevant offers - Target high value customers with high value propositions Wednesday, 24 February 2010
  • 14. Triggered Messaging 5(of 8) Respond on profile and action data Purpose When a consumer completes an action, or an event occurs (based on the customers profile data) send personalised messages reponding to that action. Objectives - Create deeper, more personalised relationships with customers - Send targeted special offers based on customer profile information - Respond directly to customer actions Wednesday, 24 February 2010
  • 15. Lifecycle Programs 6(of 8) Convenience can drive retention Purpose Create trigger based email based on product and event lifecycles. Objectives - Provide convenient reminders to customers based on their profile information - Increase customer retention rates by engaging them only when they need to consider re-purchase - Create more targeted campaigns Wednesday, 24 February 2010
  • 16. Reactivate 7(of 8) Don’t wash them away without trying first.... Purpose When a consumer has not interacted (click through or conversion) with a communication for a set period of time, a specific communication may be sent to encourage them to re-engage with the brand. Objectives - Re-engage customers who have not actively responded to offers - Reduce database churn Wednesday, 24 February 2010
  • 17. Remarketing 8(of 8) Abandoned task communications Purpose When a consumer terminates a session, the data collected in that session may demonstrate a partially completed task. When this task is linked to conversion metrics there may be an opportunity to ‘remarket’ with a view to encouraging task completion. Objectives - Increase task completion rates - Re-engage customers who terminate specific tasks - Increase sales/ROI by analysing, targetting and re-engaging conversion funnel drop outs Wednesday, 24 February 2010
  • 19. ‘From’ and ‘Subject Line’ Wednesday, 24 February 2010
  • 20. Above the fold Wednesday, 24 February 2010
  • 21. On Mobile Devices Wednesday, 24 February 2010
  • 22. Calls to Action ] Standard header with custom campaign hero tile ] Hero products, targeted based on campaign - Each links to the contextually relevant product area within the website ] Catalogue call to action ] Standard footer with deep linking Wednesday, 24 February 2010
  • 23. Integrating the Right Technology Wednesday, 24 February 2010
  • 24. Selecting the Right Vendor Enterprise ESP’s Load and Blast/DIY Solutions Wednesday, 24 February 2010
  • 25. Selecting the Right Vendor ✓ Strategic Guidance to advance program sophistication ✓ Programmed Repeatability ✓ Analytics Capabilities ✓ Technical Integration capabilities ✓ Social and Mobile Integration ✓ Market presence ✓ Modular service offering - what else can I plug in? Wednesday, 24 February 2010
  • 27. Implement, Measure and Optimise Wednesday, 24 February 2010
  • 28. Once a campaign has been implemented, there are three questions to ask: 1. 1. Did it get the response we wanted? 2. 2. If not,why not? 3. 3. What trend data is evident? Wednesday, 24 February 2010
  • 29. Measuring Performance ➡ Objective performance measures ➡ Diagnostic measures ➡ Intra-campaign measurement tools ➡ Post campaign evaluation tools Wednesday, 24 February 2010