win back revenue: recover revenue with successful abandoned basket campaigns
TRANSCRIPT
Win Back Revenue:
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Recover Revenue with Successful Abandoned Basket Campaigns
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Listen via your computer speakers or on the phoneUK: +44 (0) 330 221 9922 Access Code: 144-322-780
Today’s SpeakersRecover Revenue with Successful Abandoned Basket Campaigns
Brought to you by In association with
Morag Cuddeford-JonesConsultant Editormarketingfinder.co.uk
Efe YucemanConsultantEmarsys
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How toRECOVER LOST REVENUEFrom Across the Customer Journey
Personalisation Across Channels
92% of visitors never convert
70% of the few that do, never re-purchase
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
The Missing Link Is Retention
Websitevisitors
Those who havereached the cart
Customers
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Even lapsed customers convert betterthan new ones
63% of abandoned online purchases arepotentially recoverable
70% more expensive to sell toa new customer
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
1 percentincrease in retention can equal 10 percentgrowth in revenue
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
REVENUE RECOVERY
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
The Status Quo
Display Ad
Display AdAbandonedCart Email
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
What Is Revenue Recovery?
PREDICTPROTECT
RECOVERThis presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket
Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
You Need Technology Behind You
CaptureUnify &Analyse
AutomateCampaigns
AcrossChannels
MeasureImpact
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
STEP 1CREATE A PLAN
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
During the Buying Process
Abandoned browse
On change offield predictlast season
date
Predict lastsession timespent greater
than 180
Wait1 day (s)till 07:00
Lastabandoneddate was in
the last3 days
Last purchasedate was in
the last3 days
Abandoned cart
On change offield predict
last abandoneddate
Predict lastabandoneddate was in
the last2 day (s)
Follow-up
On change offield predict
last purchasedate
Predict lastpurchase
date was inthe last
2 day (s)
Wait10 day (s)till 07:00
Win-back
Every1 day (s)
No web visitor email
response inthe last30 days
Email withproduct
recommend-ations andvoucher
Browse Cart Post Purchase Lost Engagement
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
STEP 2PRIORITISE
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Step 2: PrioritiseCO
MPL
EXIT
Y
OPPORTUNITY SCORE
ABANDONED BROWSE
CREDIT CARD FAILED
ABANDONED CARTS
NEWSLETTER SUBSCRIBE
DOIHOMEPAGE BOUNCES
Very Hard
Hard
Easy
Very Easy
0.5m 1m 1.5m 2mThis presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket
Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Step 2: Prioritise
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Step 2: Prioritise
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Step 2: Prioritise
Silver
Highestrevenue
potential Higher engagement = more knowledge = relevant offers on different channels
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
STEP 3AUTOMATE RESPONSES
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
#1Deserting Diana.Browses the Cash Cow. Radio Silence.
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Step 3: Automate Responses
What if you don’t havetheir email?
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
#2Hesitant Henrietta.Loads up the Cart.No Follow Through.
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Personalized productrecommendations
Differentiate contentbased on lifecycle stage
Abandoned Shopping Cart
Facebook ads
Integrated on a multi-step multi-channel recovery
A/B testingof timing
Capture moreabandoned carts,based on UnifiedProfile identification
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
#3Fickle Fiona.Bought Once.Disappears.
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Fickle Fiona Reactivation Email
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
#4Golden Gordon. Best Customer.Stops Buying.
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Golden Gordon Reactivation
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
The #1 Factor in Revenue Recovery
ONE UNIFIEDPROFILE
Spent 20min on the site last week,browsing dresses and bags
Opened,clickedin last15 days
Bought anexpensivejacket 90days ago
• Female • Age 29• Lives in NYC• Shoes size 7.5
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
STEP 4GET CLOSER
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Didn’t React? Target Via Facebook Ads
Facebook AdsFacebook Ads
Include Finish
Exclude
Wait5 day(s)till 07:00
Split contactsby madepurchase
last 5 days
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Didn’t React? Target Via Facebook Ads
Wait5 day(s)till 07:00
Send SMS$$$Reactivation
SendSMS $$$
Reactivation
Split contactsby Madepurchase
last 5 days
Wait5 day (s)till 07:00
Include Finish
ExcludeSplit contactsby madepurchase
last 5 days
Direct mail Finish
Exclude
Include Finish
Finish
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
STEP 5MEASURE
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Step 5: Measuring Success
This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
THE TECHThis presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket
Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Technologies Required to Recover Revenue:What to Watch Out for When Selecting Suppliers for RR
COMPLETEINTEGRATED
REALTIMEThis presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
In Summary
1 Get the right tech behind you.
2 Find the opportunities in your customer journey.
3 Prioritise them.
4 Automate programmes that respond.
5 Measure YOUR SUCCESS.This presentation is from “Win Back Revenue: Recover Revenue with Successful Abandoned Basket Campaigns”, a marketingfinder.co.uk webinar.
To find out more, or for the on-demand recording, visit http://goo.gl/zQev0e
Questions
Brought to you by In association with
Recover Revenue with Successful Abandoned Basket Campaigns
Morag Cuddeford-JonesConsultant Editormarketingfinder.co.uk
Efe YucemanConsultantEmarsys
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Recover Revenue with Successful Abandoned Basket Campaigns
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Win Back Revenue:Recover Revenue with Successful Abandoned Basket Campaigns