integrated consumer behavior experience

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Post on 05-Dec-2014

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We would like to discuss how we have been able to integrate Bronto within our eco system to be highly target based on consumer behavior. We have done this with the integration of Bronto within our web platform, where we are able to flow our customer segments into Bronto automatically via the API. We have also integrated specific product recommendations within our email program. These recommendations are based on the consumer behavior on our site. This allows us to send a unique, relevant promotional email to consumer based on their behavior. With these integrations, we can further refine our segmentations and email remarketing efforts based both on how consumer interact with our emails both within the email, and when they are on our site.

TRANSCRIPT

Page 1: Integrated Consumer Behavior Experience
Page 2: Integrated Consumer Behavior Experience

Putting all the pieces togetherIntegrated Consumer Experience

Page 3: Integrated Consumer Behavior Experience

Introductions and Objective

Objective:

Demonstrate how we integrate technology to provide intelligent relevancy during the path to purchase to influence consumer behavior.

Chris ReighleyDirector of eCommerce

@chrisreighley

#BSum12

Page 4: Integrated Consumer Behavior Experience

Path to Purchase

Page 5: Integrated Consumer Behavior Experience

Path to Purchase Assumptions

We make the following assumptions when it comes to path to purchase:

• Consumers go through a decision process when making a purchase

• Before a consumer gets to our site, there is a high likelihood that their purchasing intent is decided.

• The consumer has gone through multiple touchpoints before arriving at the purchasing decision.

Page 6: Integrated Consumer Behavior Experience

Consumer Decision Making Process

CONSUMER BEHAVIORLars Perner, Ph.D.http://www.consumerpsychologist.com/

Page 7: Integrated Consumer Behavior Experience

“Findings indicate that 80% of consumers’

shopping decisions are made before

entering the store…”Merchant Mechanics, Inc.

Page 8: Integrated Consumer Behavior Experience

What is happening……

CONSUMER BEHAVIORLars Perner, Ph.D.http://www.consumerpsychologist.com/

Page 9: Integrated Consumer Behavior Experience

Multiple Touchpoints

The Purchase Path Of Online Buyers

Sucharita Mulpuru

Forrester Research, Inc.

Page 10: Integrated Consumer Behavior Experience

How did consumers find deals

The Purchase Path Of Online Buyers

Sucharita Mulpuru

Forrester Research, Inc.

Page 11: Integrated Consumer Behavior Experience

Email vs. Search

The Purchase Path Of Online Buyers

Sucharita Mulpuru

Forrester Research, Inc.

Page 12: Integrated Consumer Behavior Experience

Touchpoints through the path to purchase

The Purchase Path Of Online Buyers

Sucharita Mulpuru

Forrester Research, Inc.

Page 13: Integrated Consumer Behavior Experience

Intelligent Relevancy

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Intelligent Relevancy

• Understand your consumer & their behavior

• Segment your consumer

• Leverage your technology to be in the consumers mind at the right time with the right message.

Page 15: Integrated Consumer Behavior Experience

Understanding Your Consumers

What we have learned:

• When it RAINS people need an UMBRELLA

• Message Testing when Rain is in the forecast:• Current Day• 3 Day Forecast• 5 Day Forecast• 7 Day Forecast

Page 16: Integrated Consumer Behavior Experience

totes-ISOTONER.com Customer Flow

• Some one that has visited our site but has not purchase online from us.

Non-Purchase

r

• Someone that has purchased online from us.

Purchaser

• A brand junkie and proud of it.

Brand Loyalist

Page 17: Integrated Consumer Behavior Experience

High Level Segmentation

Purchasers

Brand

Product

Frequency

Non-Purchaser

s

Engaged (Lookers)

Brand

Product

FrequencyNon-Engaged

Other Segments:

Consumers:• Geo-Location

Products:• Rain• Cold Weather• Not Rain or Cold

Page 18: Integrated Consumer Behavior Experience

The Pieces

Page 19: Integrated Consumer Behavior Experience

Step 1 – Capture Customer Segment

Our primary “lists” or segmentations are build in MarketLive and flow down to Bronto.

In Bronto this flows in as a List

Page 20: Integrated Consumer Behavior Experience

Step 2 – Provide Intelligent Relevancy

The next step is, we send targeted emails via Bronto. We add MyBuys Recommendations to our Bronto emails.

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Step 3 – Pin Point Remarketing

The next step is actively remarket based on the customer behavior with the email messaging AND what the do on the website using Omniture Genesis.

Three Segments:• Product Views• Cart Abandon• Conversion

Page 22: Integrated Consumer Behavior Experience

HAPPY CUSTOMERS

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Case StudyOK – now for the serious stuff

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So, Does it Work…

First, we validated the MyBuys Recommendations. We ran a multi-variant email test via Bronto.

Test Messaging Scenarios:

• Version A: No MyBuys recommendations

• Version B: Our product recommendations

• Version C: MyBuy Recommendations

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Results – Part 1

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Results – % of total Revenue

Ver-sion A31%

Version B32%

Ver-sion C38%

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Results - AOV

Version A Version B Version C

$42.35

$45.83

$47.32

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Results – Value Per Visit

Version A Version B Version C

$3.19 $3.29

$4.06

Page 30: Integrated Consumer Behavior Experience

So, Does it Really Work…

Second, we validate remarketing using Omniture Genesis Segmentation.

Using Product View Omniture Genesis segmentation, we sent a remarketing email for our Acorn Spring Collections Launch.

Page 31: Integrated Consumer Behavior Experience

Results Part 2

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Key Take Always

• Consumers go through a decision making process during their Path to Purchase.

• Studies show that 80% of consumers have made a purchasing intent decision before they arrive at your site.

• 53% of consumers had multiple touchpoints on the path to purchase. (Oh BTW – EMAIL IS BIG!)

• Intelligent relevancy is not an option.

• Tightly integrating your touchpoints provides results – Customer Satisfaction & Revenue.

Page 33: Integrated Consumer Behavior Experience

Chris ReighleyDirector of eCommercetotes-ISOTONER.com

[email protected]

Twitter: @chrisreighley

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