3 email marketing must dos for 2010

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Your 3 “Must Dos” for Email Marketing in 2010

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Given that most marketers have limited resources, budget and time, where should your team focus its energies in 2010 to maximize ROI and have email play a more significant role in your company's success? This Webinar covered 3 key areas that email marketers will need to focus on in 2010, or risk seeing more sophisticated competitors pass you by: Leverage the Data Engage With Customers/Subscribers Automate and Optimize

TRANSCRIPT

Page 1: 3 Email Marketing Must Dos For 2010

Your 3 “Must Dos” for Email Marketing in 2010

Page 2: 3 Email Marketing Must Dos For 2010

Speakers

• Richard Evans

– Senior Manager, Product Marketing

– Silverpop

– Moderator

• Loren McDonald

– VP, Industry Relations

– Silverpop

Page 3: 3 Email Marketing Must Dos For 2010

Email Has Been “Easy Pickens,” Like…

Page 4: 3 Email Marketing Must Dos For 2010

…but…it is getting tougher.

Page 5: 3 Email Marketing Must Dos For 2010
Page 6: 3 Email Marketing Must Dos For 2010
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Real-time expectations

Page 9: 3 Email Marketing Must Dos For 2010

Web Browser

PC client

Mobile Client

Multiple Inboxes

Social Network RSS Feed

Web Version

Page 10: 3 Email Marketing Must Dos For 2010

So 3 Must Dos in 2010

1. Leverage the Data

2. Engage With Customers/Subscribers

3. Automate and Optimize

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Buckle Up!

Page 12: 3 Email Marketing Must Dos For 2010

Leverage the Data

Page 13: 3 Email Marketing Must Dos For 2010

It is all about the data…

• Collect• Observe behavior• Act

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My Expectations:• Birthday wish and/or coupon

• Age-based content/offers• Gender-based content/offers

Page 15: 3 Email Marketing Must Dos For 2010

Data Is the Foundation of Relevance

Relevance

Explicit Data

Implicit DataContent/

Offers

Frequency/Cadence

Page 16: 3 Email Marketing Must Dos For 2010

Preference Centers

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Why Preference Centers?

•Demographics & interests

•Up to date/changes

Data Capture•“My

Email”

•Better retention

Subscriber Empowerment

•Preferred frequency, lists

•Basis of personalization, segmentation

Increased Relevance

Page 18: 3 Email Marketing Must Dos For 2010

Preference Center Touch Points

Opt-in

Welcome

Regular Emails

Web Site

Transactional Emails

Opt-out

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Society of London Theatre

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Targeted communications based on age

• Under 26 targeted mailings – Age centric subject

line – Sent to recipients

under 26 years– Open rates around

double average open rates

• Mailing for the over 50’s– Targeted discount

offer– Open Rates 75%

above average open rate

Page 21: 3 Email Marketing Must Dos For 2010

Sky Europe – Sign Up

Page 22: 3 Email Marketing Must Dos For 2010
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Capture Only Data You’ll Use

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Happy Birthday

• 52% Open Rate

• 13.8% CTR

• 10% higher conversion rate

• Slightly higher AOV

Page 26: 3 Email Marketing Must Dos For 2010

Gather feedback – use surveys

Page 27: 3 Email Marketing Must Dos For 2010

Maintenance Follow-Up Survey

Determine what

is working

Page 28: 3 Email Marketing Must Dos For 2010

Engaging With Surveys• Surveys

– Move-In (day-14)– 5 Month (day-150)– Move-out– Maintenance Follow-up

• Objectives– Build Good Will– Identify Issues– Identify Net Promoters

• Results– 25% Participation– Increased Satisfaction

Irvine Company

Page 29: 3 Email Marketing Must Dos For 2010

Leverage Behavioral Data

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Fabric.com Segments List by Purchasing Habits

Customers• Active – Buying, opening and clicking regularly

• Semi-Active – Buying, opening and clicking

occasionally

• Inactive – No longer buying, opening and clickingProspects • Active – Opening and clicking regularly

• Semi-active – Opening and clicking

occasionally

• Inactive – No longer opening or clicking

Page 31: 3 Email Marketing Must Dos For 2010

Purchase Anniversary

• 30% Open Rate

• 7% Click through rate

• 15% Higher conversion rate than overall average

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Re-engage subscribers before it is too late.

Page 33: 3 Email Marketing Must Dos For 2010

Engage With Customers/Subscribers

Page 34: 3 Email Marketing Must Dos For 2010

Manage Expectations

Page 35: 3 Email Marketing Must Dos For 2010

Subscriber Expectations

• Privacy/Permission

• Brand

• Other communications

• Content

• Frequency

• Format

• Subscription management

• Relevance and personalization

Page 36: 3 Email Marketing Must Dos For 2010

Welcome Emails

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Within two months of opt-in, the open rate typically

falls 20% to 25%.

Source: MarketingSherpa

Page 38: 3 Email Marketing Must Dos For 2010

Bring the Flowers

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Welcome Email Ecommerce Case Study

• Text• Single email• IT Generated• No marketing messaging

• HTML• 2-part email series• Marketing generated• Promotions, education

75% increase in conversions

Page 41: 3 Email Marketing Must Dos For 2010

Create content that is shareworthy

Page 42: 3 Email Marketing Must Dos For 2010

Social Email is the New Viral

Page 43: 3 Email Marketing Must Dos For 2010

Share to Social/SWYN in Email

• Increased views, clicks

• Reach new audience

• Obtain new subscribers

• Viral buzz

• Increased ROI

• Most valuable sharers

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“Dough” + Valentine = Shareworthy

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Content that is Engaging & Human

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Unexpected content

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Incorporating Social Aspects Within Emails

• Comments• User ratings• Top read, top purchases,

etc.

Page 48: 3 Email Marketing Must Dos For 2010

Email That Educates & Sells

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I’m Too Sexy for My Subject Line

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Like, Awesome Dude!

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• Personal reviews/ comments from staff members

• While not objective, puts real people behind the products and emails

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Re-engage

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25% to 80%+ of your list

is “inactive”

Page 54: 3 Email Marketing Must Dos For 2010

Don’t Wait, Be Proactive• Preference centers• Surveys, ask for feedback• Behavioral dataData

• Identify inactive subscribers• Determine root causes, patterns• Test frequency, content, personalization

Monitor/ Analyze

• Use the data – segment, personalize• Deploy triggers, act on behavior• Offer alternatives

Increased Relevance

Page 55: 3 Email Marketing Must Dos For 2010

Dell Reengagement Email

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Re-engagement Series

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Re-engagement Series Results

• Performed abysmally (not unexpected)

– 5.8% Open rate

– 1.8% click through rate

– 1-2 orders per fiscal quarter

• So why bother…

Page 58: 3 Email Marketing Must Dos For 2010

Verifies email address is no longer of value

and

Improves list quality / deliverability

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Deliverability Reputation

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The future of deliverability is

managing reputation at the

individual level.

Page 61: 3 Email Marketing Must Dos For 2010

Evolution of Spam Filtering

The progression of spam filtering

Personal Preference

• Consumer Relevancy

• ISPs adopt adaptive learning models and determine delivery based upon consumer preferences – both explicit AND learned

• Reputation

• If you have a good reputation in the eyes of the ISPs your mail will be delivered

Border Patrol

• Authentication

• ISPs use Authentication to help reduce false-positives

Stone Walls

• Blast and Spray

• All emails were welcomed by ISPs and consumers

No Email Boundaries

ISPs will continue to adapt their filters and other technology to mirror end user preferences

• Whitelist & Blacklist

• ISPs incorporate basic spam filtering techniques to thwart spam

Picket Fences

Source: Pivotal Veracity

Page 62: 3 Email Marketing Must Dos For 2010

20 Emails in 22 Days

Free Shipping20% off

$5, $10 off

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Value-Added Message Streams

• Notifications• Alerts• Reminders• Aggregators• Confirmations• Updates• Closeouts• …and more

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Wine of the Day - Cadence

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Provide alternatives to leaving

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Why Recipients Opt Out

• Too Frequent

• Irrelevant Content/Offers

• Also, lack of email address change functionality

Page 68: 3 Email Marketing Must Dos For 2010

Promote Alternatives In the Email

50% of one company’s subscribers stay when presented with alternatives to unsubscribing!

Page 69: 3 Email Marketing Must Dos For 2010

3 Key Options

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Automate and Optimize

Page 71: 3 Email Marketing Must Dos For 2010

Why automate?

Page 72: 3 Email Marketing Must Dos For 2010
Page 73: 3 Email Marketing Must Dos For 2010

Automation to the rescue!

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Use Triggers: Cart-Abandonment/Reminders/Etc

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Swatch Order Reminders

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1. Open, CT and Conversion Rates that are MORE THAN DOUBLE broadcast email rates

2. Average Order Value is 53% HIGHER

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Cart Abandonment Emails

52% Open Rate 27% CTR

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1. Click-Through Rates that are 350% higher than broadcast email rates

2. Average Order Value is 10% HIGHER

3. Conversion rates 50% higher than broadcast

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Send Time Optimization

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Time Variables Are Endless

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Send Time Matters Most…

Because we are all individuals

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The Right Time Of Course Is…

…when each individual recipient is most likely to respond:

The time when they consistently open and act on your emails.

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For Silverpop Clients

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Send Time Optimization Results• The Test:

– Group 1 received emails at 9am

– Group 2 received emails based on the time of their last open.

• Results:– Open rates increased 6%

– Total revenue generated

increased 52%– Average value per order grew

47%

Page 85: 3 Email Marketing Must Dos For 2010

Manual Approach

• Export your email data from a recent send

• Group recipients by their open time

• Test your next send– 50% get the email at the standard time– 50% get it at the hour of day they last

opened

Page 86: 3 Email Marketing Must Dos For 2010

Transactional Messages – Leverage Non-Marketing Emails

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Marketing Content in Transactional Messages - Benefits

Decreased Burden on Support

Lower Call Center Volumes

Increased Customer Satisfaction

Increased Brand Recognition

Increased Revenue

0% 10%

20%

30%

40%

50%

60%

70%

% of email Marketers

One Silverpop client estimates that email

is 64 X cheaper than a

phone call

Graph Source: Jupiter Research “The Transactional Messaging Imperative,” 2008n=200 email marketers, US

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Transactional Email Can Engage Too

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The Old IT Approach

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Dynamic Promotional Content Based On Purchase

Customized cross-sell

offers

More real estate? More

offers!!

Page 91: 3 Email Marketing Must Dos For 2010

Promotional Content Doesn’t Have to be Customized

Order details

Great HTML Layout

Same promotional content reiterated

Main message clearly

communicated in subject line and top of message

Page 92: 3 Email Marketing Must Dos For 2010

Landing Pages

Page 93: 3 Email Marketing Must Dos For 2010

Email without a well-designed landing page/Web site is like….

…a day without revenue or conversions.

Page 94: 3 Email Marketing Must Dos For 2010

Netflix Landing Page

Scannable headline

Bulleted copy covers

key information

Pricing info in large

graphical button

Simple form – just

what’s needed

Visual 1-4 steps

Page 95: 3 Email Marketing Must Dos For 2010

Testing

Page 96: 3 Email Marketing Must Dos For 2010

Only 40 percent of email

marketers test their

campaigns on a regular

basis.

Jupiter Research, 2008

Page 97: 3 Email Marketing Must Dos For 2010

…those who did were

rewarded by an average 25

percent improvement in

response rates.

Jupiter Research, 2008

Page 98: 3 Email Marketing Must Dos For 2010

Are you leaving money on the table?

Page 99: 3 Email Marketing Must Dos For 2010

Example - College Colors Day Promotion

Stamps.com team debated using image of a fan in the email

VS.

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Real-time Content Testing

• A/B image-based assets are served in real time• When winner is determined, winning asset served to all

recipients

VS.

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Real Time View

example

In this example, they didn’t see a significant difference in conversion, they did see a difference in sales (customers ordered larger quantities).

Page 102: 3 Email Marketing Must Dos For 2010

Things to Test

• Subject lines

• Time of day/day of week

• Short vs long

• Opt-in forms/page layout

• Re-engagement offers

• Share-to-social

• User generated content

• Layout

• Button design

• Etc…..

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Go for it!

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Resources / Contact Information

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Resources

• Resource Center– White papers– Webinars– Blogs– Case studies– Newsletters– http://www.silverpop.com/marketing-resources/index.ht

ml

• Many presentations on SlideShare– www.slideshare.net/Silverpop

Page 106: 3 Email Marketing Must Dos For 2010

Next Webinar

• January 21 – 2 pm ET/11 am PT

• Tentative Topic: – Video and Email

Page 107: 3 Email Marketing Must Dos For 2010

Contact Information / Q & A

• Richard Evans, Silverpop

[email protected] – Twitter: @rlevans– Twitter: @silverpop

• Loren McDonald, Silverpop

[email protected]– Twitter: @LorenMcDonald– Twitter: @silverpop

Page 108: 3 Email Marketing Must Dos For 2010

Thank you!

On Twitter: @Silverpopwww.slideshare.net/silverpop

www.silverpop.com