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The Science of

Email Commerce Turn one-time buyers into loyal customers

www.madebyewave.com

Presenters

www.madebyewave.com

Ecommerce Strategist

eWave

Nick Hull

Co-Founder & Managing Director

eWave

Fatima Said Sarah Dennis

Senior Manager, Sales & Marketing

Educational Experience

The Science of

Email Commerce

www.madebyewave.com

Turn one-time buyers into loyal customers

‣ Introduction

‣ The Importance of a Customer’s Lifetime Value

‣ Tips & Best Practices

‣ Transactional Campaigns

‣ Automated Campaigns (Welcome Series, Post Purchase, Re-Engagement, Shopping Cart Abandonment)

‣ Modal Acquisition

‣ EDEX Case Study

‣ Relevancy, Data, Integration

‣ Key Take-Aways

Agenda

www.madebyewave.com

We build online

businesses not just

websites

we are an omni-channel ecommerce agency

www.madebyewave.com

www.madebyewave.com

‣ Unique Process Methodology

‣ Customer-centric in all we do

‣ Build long term relationships

‣ Complete Project Lifecycle In-House

‣ Managed Support Plans

‣ We Put The Merchant In Control

‣ Magento Gold Solution Partner

‣ Awarded Magento Partner of

Excellence

‣ Magento Certified Developers

‣ Founded 1999

‣ Privately Owned

‣ Offices:

Australia, North America, Europe

‣ 110 Employees Worldwide

About Clients

‣ Australia’s iconic brands, multi-

channel retailers & multi-national

corporations.

Our Difference

Quick Facts

Senior Manager - Sales and Marketing

Special Guest Sarah Dennis

www.madebyewave.com

‣ Educational Experience has been working in the

education and care sector for over 35 years

‣ A range of 7,500 products distributed nationally

‣ Core markets of childcare and schools

‣ Opportunity to broaden markets whilst also increasing

loyalty of existing customers

‣ Focus to be a learning resource partner for our

customers

Understand Your

Customer Lifetime

Value

www.madebyewave.com

www.madebyewave.com

AC

CU

MU

LA

TE

D R

EV

EN

UE

$0

$70

$140

$210

-$70

Break Even Point

PURCHASE FREQUENCY

Average Customer ROI

Sale 1

Sale 2

Sale 3

www.madebyewave.com

$0

$70

$140

$210

-$70

Break Even Point

$30 $5 $5

ROI 2.3% ROI 4% ROI 5.25%

$70 $70 $70

Sale 1

Sales 2

Sale 3

Average Customer ROI

PURCHASE FREQUENCY

AC

CU

MU

LA

TE

D R

EV

EN

UE

www.madebyewave.com

NEW CURRENT

COMPETITION LOST

6-7x more than retaining

an existing customer

Consumer Groups

MARKETING

SPEND

$$

www.madebyewave.com

85% of consumers do not

make a second purchase

Long-Term

Customers

www.madebyewave.com

One-Time Buyers VS Long-Term Customers

2

3 2

1

1

1

1

4

1

Familiarity

Comfort

Trust

Satisfaction

Expectation

One Time Buyers One Time Buyers

www.madebyewave.com

Email Is Key To Creating

Loyal Customers In

Online Retail

www.madebyewave.com

Email Lifecycle ROI

6-7x More Effective

10%

40%

SPEND REVENUE

www.madebyewave.com

RO

I

10%

30%

Marketing Tactics ROI

67%

20%

40%

50%

60%

70%

0%

38% 37%

19% 16% 15% 13% 12%

Tips & Best Practices

www.madebyewave.com

‣ Transactional Campaigns

‣ Automated Campaigns

(Welcome Series, Post Purchase, Re-Engagement, Shopping Cart Abandonment)

‣ Modal Acquisition

www.madebyewave.com

Online Lifecycle Marketing

Order Email Shipment Email

www.madebyewave.com

Friends Family

Create Brand Ambassadors

www.madebyewave.com

Customer Lifetime Value

Build A

Long-Term

Relationship

‣ Preferences

‣ Behaviour

‣ Actions

Monetize Your Transactional Emails

www.madebyewave.com

Monetize Your

Transactional Emails: Don’t Waste

Opportunities

www.madebyewave.com

Building a repeat

customer base

through post purchase

email campaigns

www.madebyewave.com

‣ Higher Relevancy

‣ Higher Click-Through Rate

‣ Higher Conversion Rate

Automated Campaigns

www.madebyewave.com

‣ Welcome Series

‣ Post Purchase

‣ Re-Engagement

‣ Shopping Cart Abandonment

Welcome Series

www.madebyewave.com

‣ Series of 1-3 Emails

‣ Set The Tone

‣ Introduce Your Brand

‣ Educate Your Customer

Welcome Series

www.madebyewave.com

Welcome Series

Email 1/3 EDEX Case Study

Welcome Series

Email 2/3 EDEX Case Study

Welcome Series

Email 3/3 EDEX Case Study

Post Purchase

www.madebyewave.com

www.madebyewave.com

Post Purchase

5-20% CONVERSION

30-40% HIGHER AVERAGE

ORDER VALUE

4-6x REVENUE

‣ Survey & Customer Service

‣ Thank You

‣ Request A Review

‣ Product Care / Instructions

‣ Loyalty Programs

‣ Product Replenishment

Post Purchase

Strategies

www.madebyewave.com

Post Purchase

Thank You Email

www.madebyewave.com

Building a repeat customer base

through post purchase email

campaigns

Post Purchase

Thank You Email

With Offer

www.madebyewave.com

Building a repeat customer base

through post purchase email

campaigns

Post Purchase

Request A Review

www.madebyewave.com

‣ Shows that you truly care

‣ Provides valuable feedback

‣ Build product reviews

‣ Generates more orders

Post Purchase

Product Care

Instructions Building a repeat customer base

through post purchase email

campaigns

‣ Main Goal

‣ Provide Valuable Information

To Customer

‣ Secondary Goal:

‣ Maximise Click-Throughs To Site

Re-Engagement

www.madebyewave.com

Replenishment – Buyertrack

www.madebyewave.com

Deal to encourage repeat purchase

and increase order size

Email to engage customer

after purchase was ‘missed’

Months 1 2 3 4

?

www.madebyewave.com

Re-Engagement

Buyertrack

Building a repeat customer base

through post purchase email

campaigns

www.madebyewave.com

10% Conversion

Rate

Re-Engagement

Buyertrack

Building a repeat customer base

through post purchase email

campaigns

Re-Engagement

Birthday

Email

Re-Engagement

1st Year

Anniversary

Shopping Cart

Abandonment

www.madebyewave.com

75% of shopping carts

are abandoned

www.madebyewave.com

$100,000 $300,000

Shopping Cart Abandonment:

Top Reasons

www.madebyewave.com

‣ Price

‣ Timing

‣ Objections

What People Say What People Do

‣ Not All Abandonment Is Bad

‣ Normal Part Of The

Decision Making Process

Shopping Cart Abandonment:

www.madebyewave.com

SALE

ABANDONED CART

BUY NOW

EMAIL CAMPAIGN

300% CONVERSION INCREASE

www.madebyewave.com

Shopping Cart Abandonment:

EDEX Case Study

3 Hours

www.madebyewave.com

Shopping Cart Abandonment:

EDEX Case Study

48 Hours

www.madebyewave.com

Shopping Cart Abandonment:

EDEX Case Study

48 Hours

www.madebyewave.com

8.6% RECOVERY RATE

54.1% REVENUE 39.93% REVENUE 5.97% REVENUE

94% Revenue

Shopping Cart Abandonment:

EDEX Case Study

Shopping Cart Abandonment:

EDEX Case Study // Responsive Email

www.madebyewave.com

Modal Acquisition

www.madebyewave.com

www.madebyewave.com

www.madebyewave.com

Modal Acquisition // EDEX Case Study

www.madebyewave.com

Eye Looking Straight Ahead

‣ Only 6% looked at the product

Modal Acquisition

www.madebyewave.com

Eye Looking Towards Product

‣ 84% looked at the product

Eye Looking Straight Ahead

‣ Only 6% looked at the product

Modal Acquisition

Relevancy

www.madebyewave.com

www.madebyewave.com

New Customer Long-Term Value Customer Inactive Subscriber

Highly Motivated

Defined Need or Interest

Multiple Purchases Disengaged

www.madebyewave.com

Lifecycle email communication generates

9x GREATER RESULTS

www.madebyewave.com

City

Re-Order Date

Client Segmentation Re-Order Date

SKUs

SKUs Order Value

Flexible

Client Segmentation

Categories

Purchase Dates

Re-Order Date

Attributes

Order Count

Spend

Postcode

Categories

Order Value

Order Value

Attributes Spend

Postcode Order Value Time Between Orders

Flexible

Previous Purchases

Attributes

Average Order Value

Average Order Value

Seamlessly Integrate

Previous Purchases

City

Spend

RELEVANCY Postcodes

City

Email Integration

www.madebyewave.com

Email Platform

Magento Order History

Products Purchased

Customer Intention

CRM Customer Address

Customer Type

Opportunities

POS In-Store Orders

Loyalty Status

Gift Cards

WMS Trading Info

Postcode

Delivery Status

ERP Average Spend

AOV

Last Purchase Date ‣ Order History

‣ Products Purchased

‣ Customer Intention

‣ Customer Address

‣ Customer Type

‣ Opportunities

‣ In-Store Orders

‣ Loyalty Status

‣ Gift Cards

‣ Trading Info

‣ Postcode

‣ Delivery Status

‣ Average Spend

‣ AOV

‣ Last Purchase Date

1. Automate All You Can

2. Monetize Your Order Emails

3. Set The Tone And Build A Relationship

4. Find The Right Post Purchase Strategy

5. Not All Shopping Cart Abandonment Is Bad

6. Think Responsive

7. Acquire More Subscribers

8. Relevancy Is Key

9. Data is King – Integration Is A Must

10. Consider The Lifetime Value Of Your Customer

Key Take-Aways

www.madebyewave.com

Win a trip to

Imagine 2014

Remember to drop answers at registration desk

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