marketing to the power of one

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Joel Book Principal, Research & Education ExactTarget

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Modern era marketing has become a 24/7 quest to deliver offers, information, alerts and invitations to individuals that are personalized to their needs, interests, and product usage profile. And this communication must take place seamlessly across multiple channels including in-store, and online. Today's customers are hyper-connected and highly influential. Which is why "Personalization" has become the new marketing imperative. Marketing to the Power of ONE involves the effective use of customer data and cross-channel marketing automation technology to "serve" customers better by delivering a brand experience that fuels continued product usage and invites brand advocates to share their recommendations. In this presentation, Joel Book discusses the major factors that are transforming marketing and explains what this means for brands. He then outlines how smart brands are building their integrated digital marketing strategies on the four cornerstones of the Brand Website, Email Marketing, Social Media and Mobile. Included are multiple examples and case studies from B2C an d B2B brands that innovative and successful users of digital marketing.

TRANSCRIPT

Page 1: Marketing to the Power of ONE

Joel BookPrincipal, Research & Education

ExactTarget

Page 2: Marketing to the Power of ONE

@JoelBook @ExactTarget

Page 3: Marketing to the Power of ONE

Marketing [R]evolution

2013

Mobile EmailSMS + MMSIM EmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline AdvertisingPaid SearchLanding PagesMicrositesOnline VideoAffiliate MarketingWebinarsBlogsRSSPodcastsSocial MediaMobile AppsLocation Based AdsSocial Media AdsQR Codes

1990s

IMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline Advertising

1999

IMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline AdvertisingPaid SearchLanding PagesMicrositesOnline VideoWebinarsAffiliate Marketing

2000s

Mobile EmailSMSIMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline AdvertisingPaid SearchLanding PagesMicrositesOnline VideoAffiliate MarketingWebinarsBlogsRSSPodcastsSocial MediaMobile Web

<1989

FaxDirect MailTelephone

TVRadioPrintDisplay

In 2013, we have 4X the number of marketing communication channels we had in 1989.

Page 4: Marketing to the Power of ONE

Digital Marketing by the Numbers . . . Digital Marketing by the Numbers . . .

More than 1Billion people perform searches on Google

everyday

More than 1Billion people perform searches on Google

everyday 93% of US online consumers are

email subscribers93% of US online consumers are

email subscribers66% of US email subscribers

have made a purchase triggered by an offer received by email

66% of US email subscribers have made a purchase triggered

by an offer received by email43% of all emails sent are now

opened on a mobile device43% of all emails sent are now

opened on a mobile device67% of consumers are more likely to buy if the website is

mobile-friendly

67% of consumers are more likely to buy if the website is

mobile-friendly

90% of consumers trust online product reviews and recommendations

90% of consumers trust online product reviews and recommendations

22% of consumers purchase products recommended by brand

advocates

22% of consumers purchase products recommended by brand

advocates

In 2013, smartphones will overtake PCs as the most

common Web access device

In 2013, smartphones will overtake PCs as the most

common Web access device

Page 5: Marketing to the Power of ONE

Magazine

All Marketing is Cross-Channel

Marketing

Page 6: Marketing to the Power of ONE

NOW SERVING

Consumers are Demanding

Cross-Channel Integration!

49% of Customers want a Seamless Shopping Experience across all ChannelsSource: Accenture Seamless Retail Study, 2013

Page 7: Marketing to the Power of ONE

Social Networking Channels

Text/SMS Phone

Web/Search

Social Reviews & Educational Videos

Email

Shopping

Mobile is Accelerating

Cross-Channel Engagement!

Page 8: Marketing to the Power of ONE

Marketing has become a 24/7 Quest to Deliver Personalized Offers, Alerts,Invitations and Information

Page 9: Marketing to the Power of ONE

@JoelBook @ExactTarget

Page 10: Marketing to the Power of ONE

“In the 21st century, the database has become the marketplace.”

-- Stan Rapp

Page 11: Marketing to the Power of ONE

NOW SERVINGSERVING

SELLING

has become the new

Page 12: Marketing to the Power of ONE
Page 13: Marketing to the Power of ONE

buy more from retailers who send them personalized emails.

buy more from retailers who personalize across channels.

buy more from retailers who personalize product recommendations online.

Source: MyBuys / the e‐tailing Group, March 2013

The Personalization Imperative!

Page 14: Marketing to the Power of ONE

Doing Personalization at Scale Requires Automation

Campaign Response Tracking

Customer Engagement Strategy

Current Customers

Con

tact

ProspectiveCustomers

Offer

InformationCon

tent

Timing

Channels

Bus

. Rul

esOffline

Online

Offline

Campaign Program Development and Execution

Con

tent

Per

sona

lizat

ion

Mes

sage

Del

iver

y

Offer/Message 1• Content• Channel• Timing

Offer/Message Nth• Content• Channel• Timing

Offer/Message 2• Content• Channel• Timing

Database Updating / Lead Scoring

Product /ServiceNeeds, Interests

CampaignResponse History

Analytics and Lead Score

Product /ServicePurchase History

CustomerDemographics

CustomerContact Information

Database Management

Event Attendance History

Land

ing

Page

/ M

icro

site

Cus

tom

er D

ata

Acq

uisi

tion

Interaction and Response Tracking

Page 15: Marketing to the Power of ONE

@JoelBook @ExactTarget

Page 16: Marketing to the Power of ONE

Brand Website

Page 17: Marketing to the Power of ONE

• Where Buyers Engage First• Enables Access to Content• Promotes Email Subscription

Page 18: Marketing to the Power of ONE

Your Website is “Ground Zero” for Engagement

Trade Shows

Sponsored Events

Print Advertising

Direct Mail & Catalog

Social Media

Broadcast Advertising

Public Relations

EducationalWebinar

Search Engine Marketing

Online Advertising

Email Marketing

Word of Mouth

Page 19: Marketing to the Power of ONE

Consumers Rate Websites the #1 Channel for Product Evaluation, Selection and After Sale Care

Page 20: Marketing to the Power of ONE

75% of Companies Worldwide Integrate their Email Marketing Program with their Website

Page 21: Marketing to the Power of ONE
Page 22: Marketing to the Power of ONE

Dynamic Content PersonalizationUsing Customer Data and Business Rules to Deliver

a Personalized Online Experience

Page 23: Marketing to the Power of ONE

Engagement begins with registration at Scotts.com

Page 24: Marketing to the Power of ONE

Scotts gives website visitors “a reason” to register.

Page 25: Marketing to the Power of ONE

Scotts invites website visitors to subscribe to Lawn Care Update

Scotts Converts Website Visitors to Subscribers

Page 26: Marketing to the Power of ONE

Scotts Teaches Consumers What Scotts Products to Use, When to Use them, and How

Results• Scotts research shows Lawn Care Update subscribers use 1.5 more Scotts products than non-subscribers

Objectives• Deliver Personalized Content to Consumers • Drive Traffic to Channel Partners• Expand Scotts “Brand Advocates” Community

Overview• Started in Spring 2000• Subscribers: 1,800,000+• 355 unique geo-demographic versions

Page 27: Marketing to the Power of ONE
Page 28: Marketing to the Power of ONE

57% of Marketing Professionals say Nothing Works Better for Lead Nurturing than Email Newsletters.

Page 29: Marketing to the Power of ONE

Invites website visitors to subscribe to a Volvo Construction Equipment e-newsletter.

Page 30: Marketing to the Power of ONE

Website visitors are invited to subscribe to Volvo Construction Equipment’s eNewsletters

Page 31: Marketing to the Power of ONE

Volvo uses Email to help dealers sell new equipment

Page 32: Marketing to the Power of ONE

Volvo uses Email to help dealers sell used equipment

Page 33: Marketing to the Power of ONE

Volvo Construction Equipment’s digital marketing solution helps dealers to sell millions of dollars worth of new and used equipment each year.

Page 34: Marketing to the Power of ONE

In 2013, smartphones will overtake PCs as the most common Web access device worldwide.Source: Gartner

Page 35: Marketing to the Power of ONE

21% of consumers use their mobile devices to compare information about companies, products and pricing before making a purchase.44% check prices in store. Sources: McKinsey Global Institute; Chief Marketer

67% of consumers are more likely to buy a company’s product or service if their website is mobile-friendly! Source: Google/Sterling Research/SmithGeiger

Page 36: Marketing to the Power of ONE

Source: TripAdvisor, “Trip Barometer” conducted by StrategyOne. March 6, 2013

Page 37: Marketing to the Power of ONE

40% of consumers will move to a competitor’s banking site if their current bank’s site is not mobile optimizedSource: Google Mobile Banking Trends Report, 2012

More than 1 billion smartphone users will use their device for mobile banking in four years. That's nearly double the number of current mobile banking users.Source: Jupiter Research, 2013

Page 38: Marketing to the Power of ONE

The Backbone of Customer Engagement

Page 39: Marketing to the Power of ONE

93% of U.S. online consumers are email

subscribers, and receive at least one

permission-based email each day.

Page 40: Marketing to the Power of ONE
Page 41: Marketing to the Power of ONE
Page 42: Marketing to the Power of ONE

Email Delivers Results

Throughout the EntireCustomer Engagement Life Cycle

Business Getting Business Keeping

The Customer Life Cycle

Page 43: Marketing to the Power of ONE

Acquire Engage Convert Serve Grow Retain

Page 44: Marketing to the Power of ONE

Acquire Engage Convert Serve Grow Retain

• Target Audience: Individuals age 25-44

• In 30 days: - 449 inquiries - 201 leads

• Increased sales 10%

Page 45: Marketing to the Power of ONE

Acquire Engage Convert Serve Grow Retain

Page 46: Marketing to the Power of ONE

1. Choose Your Destination

2. Choose Your Fit

3. Choose Your River 4. Give Western River your name and email address

Email Helps Western River Expeditions Drive BookingsEmail Helps Western River

Expeditions Drive Bookings

Acquire Engage Convert Serve Grow Retain

Page 47: Marketing to the Power of ONE

Acquire Engage Convert Serve Grow Retain

Delta’s Email Alerts Keep Travelers Informed 43% of U.S. Online Consumers

Prefer to Receive Travel Alerts via Email{

{

Page 48: Marketing to the Power of ONE

Acquire Engage Convert Serve Grow Retain

Sponsored EventsPersonalized product recommendations

Loyalty Program Information

Mobile

Closest Best Buy Store

Message for Best Buy Credit Card Holders

General Messages

10 – 12 themes segmented by customer type

Message from Partners

Weekly Email CampaignEmail Volume: 20MillionEmail Versions: 18Million

Best Buy Personalizes Product Recommendations to the Customer’s Profile

Page 49: Marketing to the Power of ONE

Acquire Engage Convert Serve Grow Retain

Papa John’s Daily Deal Offers Drive

Online Sales Uses Email + SMS to drive responseEmail invites customers to “Share this offer” with Facebook friends, Twitter followersDrives traffic to local Papa John’s franchisees

Page 50: Marketing to the Power of ONE

• Increases Brand Awareness• Fuels the Conversation• Attracts New Customers

@JoelBook @ExactTarget

Page 51: Marketing to the Power of ONE
Page 52: Marketing to the Power of ONE
Page 53: Marketing to the Power of ONE

146.8 Million U.S. Facebook UsersSource: eMarketer

Page 54: Marketing to the Power of ONE

31.9 Million U.S. Twitter UsersSource: eMarketer

Page 55: Marketing to the Power of ONE

Accumulating Thousands of “Fans & Followers” Does Not Mean You have a Social Media

Strategy!

Page 56: Marketing to the Power of ONE

To Monetize Social Media, Brands Must Develop a plan to Convert Fans & Followers to

Email Subscribers!

Page 57: Marketing to the Power of ONE

Gave Facebook members a chance to register to win an iPad by “liking” eBags on Facebook.

eBags “Bag an iPad” Sweepstakes

eBags used SocialPages™ to create a series of Facebook Ads targeting their ideal audience and directed consumers to a tab on their Facebook page devoted to the promotion.

Page 58: Marketing to the Power of ONE

The data eBags acquired automatically populated an email that invited the customer to subscribe to eBags’ email campaigns and start receiving special offers exclusively for email subscribers.

eBags “Bag an iPad” Sweepstakes

Page 59: Marketing to the Power of ONE

eBags’ Welcome Email provided a 20% Off “eBagsInsider Exclusive” offer for new subscribers.

eBags “Bag an iPad” Sweepstakes

Page 60: Marketing to the Power of ONE

ResultsOver the course of the 30 day contest eBags added:

• 46,000 new Facebook fans• 28,000 new subscribers

eBags “Bag an iPad” Sweepstakes

Page 61: Marketing to the Power of ONE

• Delivers Exclusive Offers• Keep Members Engaged• Extends Customer Service

@JoelBook @ExactTarget

Page 62: Marketing to the Power of ONE

By the end of 2013, 1.4 billion smartphones will be in use worldwide, up 44% over 2012.

[ 798MM Android, 294MM Apple iOS, 45MM Windows ]Source: ABI Research

The Number of U.S. Smartphone Users will grow to 137.5 million in 2013.

Source: eMarketer

Page 63: Marketing to the Power of ONE

Mobile is Fueling Expanded Use of Email

Page 64: Marketing to the Power of ONE

43% of All Emails Sent are Now Opened and Read on a Mobile Device.

Source: Return Path

Page 65: Marketing to the Power of ONE

When Hitachi Data Systems’ email newsletter is viewed on a mobile device, the font size is increased automatically.

Page 66: Marketing to the Power of ONE

Using Responsive Design, CareerBuilder experienced a 15% increase in open-rate on smartphones and a 21% increase in click-through!

Android iPhone BlackBerry

Page 67: Marketing to the Power of ONE

MobileConnect™

Mobile is Fueling New Capabilities for

Direct Response

Page 68: Marketing to the Power of ONE

The State of Mobile Content Marketinghttp://www.slideshare.net/ExactTarget

90% of Tablet and Smartphone Users Send and Respond to SMS/Text Messages

Page 69: Marketing to the Power of ONE

Pei Wei Uses Mobile to Drive Store Traffic

and Attract New Email Subscribers

Page 70: Marketing to the Power of ONE

Over a 14 day period, Pei Wei guests were invited to text and receive a buy-one, get-one free coupon via email for its new Caramel Chicken entree.

80565

Caramel [email protected]

Page 71: Marketing to the Power of ONE

Landing Page for Caramel Chicken BOGO Offer Sign-up and Email Subscription

Page 72: Marketing to the Power of ONE

Bar-Coded Email Coupons Drive

Consumers to StoresCampaign Results:• Generated 18,000 new

email subscribers.

• Produced coupon redemption rates of 20%!

Page 73: Marketing to the Power of ONE

Vegas.com uses SMS/Text to drive visitor traffic to its mobile site where they promote exclusive last-minute travel deals

Results:• 70% increase in revenue per

site visit• 250% increase in revenue from

mobile devices

Page 74: Marketing to the Power of ONE

• Billboard ad at Los Angeles (LAX) airport

• Invites travelers to use SMS/Text to opt-in to Vegas.com Deals program

Vegas.com Invites Travelers to Receive Exclusive Deals via SMS/Text Messages

Page 75: Marketing to the Power of ONE

Traveler Opts in to Offer Receives Confirmation Goes to m.vegas.com

Page 76: Marketing to the Power of ONE

Visitors to m.vegas.com are invited to become email subscribers

Page 77: Marketing to the Power of ONE

MobileConnect™

Mobile is Enabling Better

Customer Service

Page 78: Marketing to the Power of ONE

Orange County Transit Authority Uses Mobile

Alerts to Serve Commuters

Page 79: Marketing to the Power of ONE

Alaska Air Uses Text Alerts to Keep Passengers Informed about Flight Departure and Arrival Times

Page 80: Marketing to the Power of ONE

Scotts Alerts let Consumers

Know When the Time is

Right to Use its Products

Page 81: Marketing to the Power of ONE

Marketing has become a 24/7 Quest to Deliver Personalized Offers, Alerts,Invitations and Information

Page 82: Marketing to the Power of ONE

We’re Here to Help.

Page 83: Marketing to the Power of ONE
Page 84: Marketing to the Power of ONE

Joel BookPrincipal, Marketing Research & Education

@JoelBook @ExactTarget

Email: [email protected]