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Leveraging Macro Events to Drive Engagement, Relationships and Sales Jeanne Jennings Consultant, Email Marketing Strategy Author, The Email Marketing Kit: The Ultimate Email Marketers Bible Columnist, ClickZ Experts

Leveraging Macro Events to Drive Engagement, Relationships and Sales

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Page 1: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Leveraging Macro Events to Drive

Engagement, Relationships and Sales

Jeanne Jennings

Consultant, Email Marketing Strategy

Author, The Email Marketing Kit: The Ultimate Email Marketers Bible

Columnist, ClickZ Experts

Page 2: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Introduction: Jeanne Jennings

> Independent consultant specializing in all aspects of email

marketing strategy and tactics

> Experience in online and email marketing: 20+ years

> Former Head of Email Product Development for Reed Business

Information US, a division of Reed Elsevier, then the largest B2B

publisher in the US

> Independent consultant since 2001

> Clients include Hasbro, Mayo Clinic, National Press Club, U.S.

Chamber of Commerce, Verizon, Weight Watchers International

> Sought-after Writer and Speaker on Email Marketing Issues

Page 3: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Email is Dead.

Page 4: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Reality

> Email offers the highest ROI of any direct marketing

channel

> $43.62 for each dollar spent in 2009

> Internet search advertising was second at $21.85

> Non-catalog direct mail returned just $15.22

> Projection for email in 2010 is $42.08

Source: Annual Economic Impact Study,

The Direct Marketing Association, October 2009

Page 5: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Reality

> Spending on email marketing in the US is expected to

expand to $2 billion by 2014

> A nearly 11% compound annual growth rate

> At least $144 million of this will be spent on email

messages that aren’t delivered and/or acted on

> To be successful, email marketers need to learn how to

overcome inbox clutter and increase relevancy

Source: US Email Marketing Forecast, 2009 to 2014,

Forrester Research, June 2009

Page 6: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Reality

> Relevance

continues to be the

biggest challenge

to email success

Source: 2010 Email Marketing Benchmark Report,

MarketingSherpa, page 14

Page 7: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Relevance = Segmentation and Targeting

4 Types of Variables

1. Endemic Data

> Usually collected at opt-in

> Contact and demographic

2. Transactional Data

> Data pertaining to

transactions

> Date of opt-in, recency-

frequency-monetary

information

3. Behavioral Data

> Observed behavior

> Website clickstream,

email metrics, coupon

redemption

4. Computed Data

> Create from two or more

variables

> Distance from brick-and-

mortar location, macro

events

Source: Best Practices in Email Marketing Handbook (2009),

MarketingSherpa, pages 455-463

Page 8: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Relevancy vs. Privacy

> “You have zero privacy

anyway. Get over it.”

> Scott McNealy, CEO

Sun Microsystems

1999

Page 9: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Solution: Leverage Macro Events

> Segmenting and

targeting based on

macro events is a

win-win

> It only requires a

zip code, which

most people are

happy to share

> It allows you to

increase relevancy

while minimizing

red flags about

privacy

Page 10: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Macro Event: The Blizzard of 2010

Page 11: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Sales

> We’re open

> 2% off your tab

for each 1” of

snow

> Only email I

received from a

Georgetown

restaurant

offering a

blizzard deal

Page 12: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Sales

> The Show Must

Go On!

> Discount Pricing

Page 13: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Sales

> Hope you

are safe

> Apology for

local stores

being closed

> Post-

blizzard in-

store

discount

Page 14: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Engagement

> Key Messages

> Three products to

help you weather the

next storm

> Drive traffic back to

WashingtonPost.com

> Paid placement?

> If so, advertising

revenue for WP

Page 15: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Relationships / Sales

> Suspension of all late

fees

> Just call us

> Suspension of

cancellation fees

> Make your plans – if the

snow keeps you from

driving, just call us

> Be safe – winter driving

tips

Page 16: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Relationships

> We’re open

> Our staff is

dedicated

Page 17: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Engagement

> We’re still on the air

> Some of our dedicated

staff made it in

yesterday to keep the

programming going

> Your favorite shows will

be back today

Page 18: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Relationships

> Sorry for the

inconvenience

> The office will be

closed today

> Limited access to

email due to

power

disruptions

> Will try to re-

open on Friday

Page 19: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Relationships

> We Care

> Protect your windshield

> Prepare your car to drive

after the blizzard

> Cold weather safety tips

Page 20: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Blizzard Bikini?

> Aspirational?

> Not for me

> Discount offer good, but…

> How about featuring winter

sale items

> Sweaters

> Jeans

> Boots

> Or a “now and later”

message

Page 21: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Where was Amazon?

> They were my lifeline

for things I could not

get during the blizzard

> Delivery was delayed

but was more reliable

than trying to find local

stores open with “high

demand” items in

stock

Page 22: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Leveraging Macro Events Isn’t New…

…But Segmenting by Zip Code Adds Relevancy

Page 23: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Pop Quiz:

Ideas for Leveraging This Event?

Page 24: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Pop Quiz:

Ideas for Leveraging This Event?

Page 25: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Pop Quiz:

Ideas for Leveraging This Event?

Page 26: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Pop Quiz:

What’s Wrong Here?

Page 27: Leveraging Macro Events to Drive Engagement, Relationships and Sales

JeanneJennings.com, Inc.An Email Marketing Consultancy

Helping organizations large and small become more effective and more

profitable online

> Focusing on email, landing pages and Websites

> Growing email lists via opt-in

> Developing new email strategies, campaigns and programs

> Optimizing performance of existing email and Websites

> Project-based, hourly, workshop and mentoring engagements

Client List (partial)

Hasbro

Mayo Clinic

Museum of Science, Boston

National Association of Realtors

National Press Club

Network Solutions

Union Privilege

The U.S. Chamber of Commerce

Verizon

Vocus

Weight Watchers International

Page 28: Leveraging Macro Events to Drive Engagement, Relationships and Sales

Leveraging Macro Events to Drive

Engagement, Relationships and Sales

Thanks for Attending!

Additional Questions?

Jeanne Jennings

Consultant, Email Marketing Strategy

Author, Author, The Email Marketing Kit: The Ultimate Email Marketers Bible

Columnist, ClickZ Experts

202.333.3245 | Twitter:@jeajen | LinkedIn

[email protected]

www.JeanneJennings.com