marketing to the power of one!

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Joel Book Principal, eMarketing Research & Education ExactTarget, Inc. Marketing to the Power of ONE Marketing to the Power of ONE How the Digital Revolution is Changing the Way Customers Engage with Brands

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Keynote presentation delivered at the 2012 MediaPost Email Insider Summit

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Page 1: Marketing to the Power of ONE!

Joel BookPrincipal, eMarketing Research & EducationExactTarget, Inc.

Marketing to the Power of ONE

Marketing to the Power of ONE

How the Digital Revolution is Changing the Way Customers 

Engage with Brands

Page 2: Marketing to the Power of ONE!
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Digital Media [R]evolution

2012

Mobile EmailSMS + MMSIM EmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline AdvertisingPaid SearchLanding PagesMicrositesOnline VideoAffiliate MarketingWebinarsBlogsRSSPodcastsWikisSocial NetworksMobile WebLocation Based AdsSocial Media AdsVirtual WorldsLocation Based SvcsQR Codes

1990s

IMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline Advertising

1999

IMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline AdvertisingPaid SearchLanding PagesMicrositesOnline VideoWebinarsAffiliate Marketing

2000s

Mobile EmailSMSIMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline AdvertisingPaid SearchLanding PagesMicrositesOnline VideoAffiliate MarketingWebinarsBlogsRSSPodcastsWikisSocial NetworksMobile Web

<1990

FaxDirect MailTelephone

TVRadioPrintDisplay

Page 4: Marketing to the Power of ONE!
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Marketing has become Real Time and Real Personal

From: InterruptionTo: Engagement

Page 6: Marketing to the Power of ONE!

Magazine

All Marketing is Cross‐Channel Marketing

Page 7: Marketing to the Power of ONE!

Channels Applications

Email Email Marketing

Event

Website

Print Advertising

Social Media

Dealer/Agent

Broadcast

Mobile

Mobile Messaging

CRM

E-Commerce

Call Center

Billing

Webinar

Warranty

Product /ServiceNeeds, Interests

CampaignResponse History

Analytics and Lead Score

Product Purchase History

CustomerDemographics

Customer Email Address

Physical Address

Customer Data

Event Attendance History

Data is “The New Black” of Digital Marketing

Page 8: Marketing to the Power of ONE!

Campaign Response Tracking

Product /ServiceNeeds, Interests

CampaignResponse History

Analytics and Lead Score

Product Purchase History

CustomerDemographics

Customer Email Address

Physical Address

Database Management

Segmentation Campaign Planning

ProspectiveCustomers

Iden

tify

Customers with Specific Needs

Offer

InformationSele

ct

Timing

Channels

Det

erm

ine

Offline

Online

Offline

Campaign Program Development and Execution

Prog

ram

Dev

elop

men

t

Con

tent

Per

sona

lizat

ion

Segment A• Offer/ Message• Channel• Timing

Segment C• Offer/ Message• Channel• Timing

Segment B

• Offer/ Message• Channel• Timing

Cross‐Channel Technology Accelerates Engagement

Database Updating / Lead Scoring

Land

ing

Page

/ M

icro

site

Cus

tom

er D

ata

Acq

uisi

tion

Customer / Prospect Interaction

Event Attendance History

Page 9: Marketing to the Power of ONE!

Cross-Channel Marketing Innovators

Real Marketers Real Solutions

Real Results

Page 10: Marketing to the Power of ONE!

Scotts Miracle‐Gro – ExactTarget Client Since 2000

iPhone AppScotts Retailers

Lawn Care Update

Blogs

Facebook Twitter PageWebsite

Scotts Alerts

Scotts Alert: Now is the perfect time to apply Scotts Turf Builder WinterGuard Fall Lawn Fertilizer to your lawn. Reply STOP to end alerts. Other charges apply.

Page 11: Marketing to the Power of ONE!

iPhone App

Papa John’s Stores

Text Offers

National Email Local Email

Facebook Twitter PageWebsite

Papa John’s – ExactTarget Client Since 2007

Page 12: Marketing to the Power of ONE!

Volvo Construction – ExactTarget Client Since 2009

MagazineVolvo Construction Dealers

Trade Shows

Monthly Email Newsletter

Weekly Remarketing Email

Twitter YouTubeWebsite

Page 13: Marketing to the Power of ONE!

Lowe’s– ExactTarget Client Since 2011

iPhone AppLowe’s Stores Magalog

EmailMagazine

Facebook VideoWebsite

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• Aids the Buying Process• Improves Service• Maximizes Retention

Page 17: Marketing to the Power of ONE!

The Customer Life Cycle

Email: The Backbone of Customer Engagement

Business Getting

Product Awareness

Product Evaluation

Product Purchase

AcquireAcquire EngageEngage ConvertConvert

Product Usage

Brand Advocate

Business Keeping

Repurchase/Renewal

ServeServe GrowGrow RetainRetain

• 93% of U.S. online consumers are email subscribers, receiving at least one permission‐based email per day (1)

• 59% of B2B marketers say email is their most effective channel for generating revenue (2)

1. Source: ExactTarget Research Report: Subscribers, Fans & Followers, 20112. Source: Crain’s BtoB Magazine, March 2012

Page 18: Marketing to the Power of ONE!

77% Prefer Email for Permission-Based Promotional Messages

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

Page 23: Marketing to the Power of ONE!

Facebook:  900M Worldwide(1) / 133M U.S.(5)

Twitter:  500M Worldwide(2) /   24M U.S.(5)

LinkedIn: 100M Worldwide(3) /   44M U.S.(3)

Pinterist: 10M Visitors / Month (6)

YouTube: 2B Views/Day; Avg. View: 15 Min.(4)

Sources: (1) Facebook (2) Twitter (3) LinkedIn, (4) YouTube, (5)eMarketer.com, (6) InsideView

Page 24: Marketing to the Power of ONE!

The Rise of “Social Nicheworks”

“The savviest brands will begin to build small, highly engaged communities where they can learn more about what their audiences want, need, and desire.”Source: We Are Social12 Provocations on The Future of SocialApril, 2012

Page 25: Marketing to the Power of ONE!

Giving Customers a Voice is a Powerful Tactic 

"We put our customers at the center of everything we do --whether it is product development, the services we offer or the ways we engage with consumers, like Twitter, Facebook and our blog." Sanjay GuptaChief Marketing OfficerAlly Financial

Ally Bank created “Ally Idea Share” so consumers can share ideas on how Ally can create a better banking experience

Page 26: Marketing to the Power of ONE!

Scotts new “Snap Perks” campaign rewards Facebook Fans for sharing their experience using Scotts new Snap fertilizer spreader. 

19,000 Likes in less than two weeks6,000 have posted comments

Page 27: Marketing to the Power of ONE!

To monetize social media, convert “Fans and Followers” to email subscribers!

75% of social media users say email is the best way for companies to communicate with them. (MarketingSherpa)

Page 28: Marketing to the Power of ONE!

Scotts Invites Facebook Fans to Subscribe to

Lawn Care Update

( And 50% Convert! )

Lawn Care Update subscription invitation

Page 29: Marketing to the Power of ONE!

Each Week, Crocs Converts 500+

Facebook Fans to Crocs Email Subscribers!

Each Week, Crocs Converts 500+

Facebook Fans to Crocs Email Subscribers!

Crocs Invites Facebook Fans to become Crocs Email Subscribers

Crocs Email Subscription Center

Crocs’ “Deal of the Week” EmailPersonalized to Subscriber Preferences

Page 30: Marketing to the Power of ONE!

• Delivers Exclusive Offers• Drives Traffic• Extends Customer Service

Page 31: Marketing to the Power of ONE!

Mobile Device Usage Growth is Staggering

Source: eMarketerAugust, 2011

Page 32: Marketing to the Power of ONE!

Matt de GanonVP Mobile Product and OperationsUSA Today

Page 33: Marketing to the Power of ONE!

Pei Wei Uses SMS to Drive Email Opt-in for

Special OffersOver a 14 day period, 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]

"We wanted to take advantage of email’s reach and redemption to help promote and launch a new limited time offering. Using mobile allowed guests easily opt-in to our email program." Jason MillerPei Wei Asian Diner

Page 34: Marketing to the Power of ONE!

Bar-Coded Email Coupons Drive

Consumers to StoresCampaign Results• Generated more than 

18,000 new email subscribers in just two weeks.

• Increased Pei Wei’s email subscriber list by 4%. (The Pei Wei subscriber database exceeds 500,000)

• Produced coupon redemption rates of 20%! 

Page 35: Marketing to the Power of ONE!

• No SMS alerts today

• Long term competitive necessity

Ally Bank invites customers to set up alerts and be notified about account balances, deposits, and opportunities to earn higher interest 

Ally Alerts Take Customer Service to a Whole New Level

Page 36: Marketing to the Power of ONE!

Belk Uses Mobile to Alert Customers About Special Sales and Promotions

Belk Newspaper Insert Belk Customer Email

Belk Facebook Page

Page 37: Marketing to the Power of ONE!

Papa John’s Uses Mobile to Accelerate Sales

Papa John’s iPhone App for Online Ordering

Papa John’s SMS Direct Order Solution

Page 38: Marketing to the Power of ONE!

Tablet PCs Have Changed how Customers Access Content

Tablet PCs Have Changed how Customers Access Content

The Apple iPad

55MM US Tablet Users

42MM US iPad Users in 

2012

Page 39: Marketing to the Power of ONE!

Tablets Fuel Mobile CRM"[The iPad] enables our sales employees to do a much better job of engaging in a really different way than we've done before." 

Michael Hedges,  CIO, Medtronic

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Next Generation Interactive Marketing

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Thanks!Thanks!Joel BookExactTarget, Inc.

[email protected]@JoelBookhttp://www.linkedin.com/in/joelbook