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SELL MORE WINE ONLINE

Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

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Page 1: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

SELL MORE WINE ONLINE

Page 2: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger
Page 3: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Single men typically

change their bed sheets 4 times/ year.

Source: Guardian UK

Page 4: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

2010 2011 2012 2013 2014 2015

2.66million

2.93 million

3.17million

3.5million

3.9million

4.19million

DTC Wine Is Growing

Page 5: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

2010 2011 2012 2013 2014 2015 2016

167.3billion

194.3 billion

224.2billion

256billion

289.8billion

325.2billion

261.9billion

Ecommerce is Growing

Page 6: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Wine Apparel Electronics Books General Retail

It’s easy to see this doubling or tripling

3%

14%

35%

74%

9%

Wine Being Sold Online Is Small

Page 7: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

1400+ Ecommerce Sites on Vin65

Page 8: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

2013 2014 2015

308million

528million

772million

Vin65 Platform DTC

2016

One billion dollars

Page 9: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

2013-2015

Over 9 million transactions

Across 1,200+ winery websites

$1.79 Billion in sales

Page 10: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

89% of all sales.

Through 2015

Page 11: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Source: Warner Bros. Picture

What makes the top 20% so special?

Page 12: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Do they have an unfair

advantage?

Source: Hasbro

Page 13: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Case production?

Big Scores?

High Bottle Price?

Location?

Demographic focus?

Page 14: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Source: Pando.com

So what does the data tell

us?

Page 15: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

top 20% bottom 80%

9%

24%

41%

26%

Admin Club POS Web

13%

23%

57%

7%

Admin Club POS Web

3x more ecom!

Page 16: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Purchases on Mobile in 20152014 2015

top bottom

Average email list size.

4X larger

Page 17: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

2013 2014 2015

bottom top

$100 more

Average Order Value.

Page 18: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

75% more

Top 20 Bottom 800.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

Shipping as a % of sales

50% less

Page 19: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Email list is 4x largerAOV is $100 more

Shipping is 50% less

How is the top 20% different?

Page 20: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

What does the data show us?

Page 21: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Ecommerce Isn’t Easy

Page 22: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

46 wineries 2X’decom sales in 2015.

Page 23: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

..up by 130%

Page 24: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

How did they

double?

Page 25: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

1) Used offline to drive online sales.

Page 26: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Action emails

Page 27: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Offline to Online, a case study

$2,500 in net new ecom sales

63% opened, 7.5% converted

89 emails captured and sent.

89 TR Transactions ($7500).

Page 28: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

What’s the value of an action email…TR transactions/ day 50Email capture rate 50%Action email sent 257.5% conversion rate 1.875AOV $318

Net new ecom sales (day) $ 596.25

New sales, annualized $ 131,175.00

Page 29: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Email receipts are appealing to 41% of consumers

No Yes

41%

Page 30: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

How Do You Capture Emails?

Page 31: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Pay Your Staff $1 Per Email

Page 32: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Use Kiosks

Page 33: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Email Is The Most EffectiveDigital Marketing Tactic

Page 34: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

What Makes A Great Email?

Page 35: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Single Focus

Page 36: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Simple Is Better

Page 37: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Personalize

Page 38: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Transaction Email

Page 39: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Two Other Things About Email

Page 40: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Time To Send

Sunday Monday Tuesday Wednesday Thursday Friday

26.5%

29.4%32%

30.1%

26.5%28.1% 27.4%

Saturday

Page 41: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Vin65 Platform Email Open Rates

100%

90%

80%

70%

60%

50%

40%

30%

20%

10%

0%

Average 26% Open Rate

Page 42: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

How did they double?

Page 43: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

2) Focused on user experience

Page 44: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger
Page 45: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

What Makes A Great User Experience?

Page 46: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Seamless Responsive Design

Page 47: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Desktop Mobile Tablet

Traffic is Mobile in 2015

35%

Page 48: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

#mobilegeddon

Page 49: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Source: marketingland.com

Page 50: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Mobile Friendly email is essential

Page 51: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

General Retail Stats

Almost 1/3 of sales are mobile

Page 52: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Make it easy to buy on mobile

Page 53: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Simplify The Page

Page 54: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Simplify Forms

Page 55: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Secure

Page 56: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Faster

Page 57: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Shop Your Own Site

Page 58: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

The Experience Doesn’t EndWhen The Checkout Happens

Page 59: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Order Confirmation

Page 60: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Order Has Shipped

Page 61: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Order Delivery Date

Page 62: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Delivery Exception

Page 63: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Real-time Shipment Redirect

Page 64: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

SMS Messaging

Page 65: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

3) Loyalty Programs

Page 66: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Why Shipping Incentives?

Will add items to cart to qualify for free shipping

Will join a loyalty program to qualify for free shipping

Source: UPS Pulse of the Online Shopper Report

58%

31%

Will take action to qualify for free shipping

93%

Reason for cart abandonment: higher than expected shipping costs

#1

Page 67: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Carrot Engine

SHIPPING INCLUDED ON SIX OR MORE BOTTLES

Page 68: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Yes, you can do it.

Page 69: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Loyalty Programs

Page 70: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Does it work? Yup.

+108%Consumers spend 108%

more after joining 46Brix.

Page 71: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Offline to OnlineUser Experience

Loyalty Programs

How did new entrants double?

Page 72: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger
Page 73: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

1. Use offline to drive online sales

• Get action emails setup

• More more paper receipts

• Pay $1 per email

Page 74: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

• Killer subject line

• Mobile Ready

• Single focused

• Personalized

2. Send great emails

Page 75: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

• Test free shipping over discounts

• Offer free shipping a a reward for buying more

bottles

• Build or join a “prime” like shipping program

3. Embrace free shipping included

Page 76: Sell More Wine Online - ShipCompliant DIRECT 2016 - Jim Agger

Thank you!