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In this presentation, our experts share the inside scoop on what drives essential lifecycle messaging and how to engage your key segments. These high ROI campaigns are vital to your communication portfolio. Along with examples and very tactical discussions, you'll learn: - Types of engagement activation campaigns (with examples!) - Developing activation campaigns as part of your lifecycle strategy - Setting it all in motion with Yesmail Engagement Analyzer
Citation preview
Ready, Set, Segment
Using email Behavioral Data to Target
and Drive Customer Engagement
Yesmail Customer Strategy
2
Kristin Kleweno Customer Strategy Director
Directly involved with helping clients with Engagement Strategies. Always on the look out for innovative and profitable ways for marketers to engage with their email subscribers and social followers.
Jenny Stone Marketing Strategist
Blending an IT background in web programming and design, with a customer
service focus to help Yesmail clients realize their marketing goals within the email
space. Jenny drives thought leadership through innovation and takes an active
interest in consumer behavior & digital trends across the online marketing space.
Using email Behavioral Data to Drive Customer Engagement
Ask questions!
1) Use GotoMeeting interface
2) Use twitter hashtag: #yesmail
3) Yesmail Blog | Email Marketing Lounge: http://www.emailmarketing.com
Your Presenters
3
Using email Behavioral Data to Drive Customer Engagement
Agenda
Industry Trends
Activation Campaigns – Goals and Strategies
Key Segments - The Value of Tracking Subscribers Through the Life Cycle
Types of Engagement Activation Campaigns
Considerations for Developing Activation Campaigns – Best Practices
Setting it all in motion with Yesmail Engagement Analyzer
4
Industry Trends - Interactive Marketing Industry Overview
Source: Forrester Research. US Interactive Marketing Forecast, 2011 To 2016
New Channels
and Devices are
Changing
Consumers’
Behavior
Internet, social, mobile,
DVRs, smart phones
etc
New Customer
Mind-Set
Customers expect
immediate and
relevant content
They are empowered,
proactive, and vocal!
New Marketing
Tactics
Mass media audiences
fragment and become
addressable
Email, event and
behavior triggers,
touch-point marketing,
use of social networks,
targeted TV Ads
5
Industry Trends - An Evolution is Underway for Marketers
Increased engagement by matching
customer to content not content to customer
6
Industry Trends - Crafting Relevant Content
Segmenting by email behavior is a popular and effective technique for industry leading marketers
7
Industry Trends - The Effectiveness of Relevancy
Segmenting by email behavior is incredibly effective. Second only to triggers.
8
Activation Campaigns – Goals & Strategies
Primary Goals of Activation Programs
1) Bring back customers!
2) Drive subscribers to next level of engagement
3) List Management: Track segments and develop optimal content and contact strategies (eg. when to suppress inactive addresses)
Elements of an email Activation
Strategy
• A good activation email strategy will address both active and inactive audiences for both purchase behavior AND email behavior
• Know your list - Track counts and movements by key segments
• Defined Objectives & Targeted Campaigns by Segment
Best
Customers
Repeat
Customers
First Time
Buyers
Active
Openers & Clickers
Inactive
Subscribers
9
Activation Campaigns – A Bit of Background
Hard Cold Facts about Your Audience and List
First 90 days is critical to engage subscribers
Response and activity will drop over time
The inactive population will grow as the list ages
The average retailers has a >40-70% inactive population
Mailing to inactive population consistently brings down overall performance/conversion rates (& possibly be a deliverability nightmare)
10
Activation Campaigns – A Bit of Background
Reasons Why Subscribers Become Inactive
Don’t need/want products at this time
Irrelevancy
Fatigue
Too busy
Might not even see it! Many with multiple email accounts
Get new account & don’t close old one
Open isn’t counted because of image blocking
1 in 4
opt-in
retail
emails end
up in the
junk folder.
Returnpath 2011 Deliverabilty Study
11
Example Email Activation Programs within Portfolio of Campaigns
Where do “Activation“ Programs fit in your Portfolio?
12
Example Email Activation Programs within Portfolio of Campaigns
13
ROI & Value of Activation Programs
Early Activation Programs
(0-90 days non-active)
General Performance:
- Highest Engagement
- Highest Response Rates
- Highest ROI
Mid Activation Programs
(90 days -1 year non-active)
General Performance:
- Above ave. Engagement
- Above ave. Response Rates
- Good ROI
Start Activation Campaigns EARLY & catch them before they drop off!
Late Activation Programs
(> 1 year non-active)
General Performance:
- Below ave. Engagement
- Below ave. Response Rates
- ROI
- Real value in list management
14
Example – Early Activation First Purchase Offer
• c
15
Example – Offer to Active Subscriber (VIP Recognition)
16
Example – Follow-up with Offer for Next Purchase
17
Example – Get More from Your Emails (Update Preferences)
18
Example - Multi-message Best Offer Series
Message #1:
Subject Line: Joe, are you still around?
Message #2: Message #3:
Subject Line: Hello Joe, anyone home? Subject Line: Should we stay or should we go?
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Examples – We Miss You with Come Back Offer
20
Examples – We Miss You with Come Back Offer
21
Example – We Miss You (Tell us What You Want)
22
Developing Activation Campaigns – Best Practices
Define Key Activation Segments to track and target over time
Find out as much as you can about your audience and active & inactive population (and when they drop off!) Use Yesmail Engagement Analyzer!
Define Campaign Strategies and Campaigns with Success Metrics
Conduct controlled tests to learn which strategies produce positive ROI
Engagement Analyzer
What is the Engagement Analyzer?
24
• It is a data modeling add-on tool that scores and tracks individual subscribers based on their Recency, Frequency and Click activity
• Purchases can also be tracked as part of a add-on service
• It enables Yesmail clients to group their subscribers by the recency and frequency of email message activity (Opens and Clicks)
• Historical email data is summarized at the user level
• Subscribers are scored and grouped by activity level and tenure buckets
Engagement Analyzer Aggregations and Calculations
How Engagement Analyzer can help
26
• Automate life cycle marketing
• Make measurement easy
• Enable targeting based on monthly
scoring
• Analyzing and maintaining database
health
• Provides strategic opportunity for
lifecycle campaigns and suppression
strategies
Marketing uses
Activity
Purchases (Additional Fee)
By engagement level
By shift between engagement level
Division/Brand Totals
Subscribed vs. Unsubscribed
Total Individuals in an
engagement level
Shifts between engagement level
Compare by division/brand
Metrics
Targeting
Reporting
28
Engagement Segments—Screenshot
Best
Customers /
Subscribers
Inactive
Early- Tenure
Inactive
Mid- Tenure
Inactive
Late-Tenure
Non-Active
Keeping your subscribers engaged!
29
Non-Active:
• Reactivation and Retirement
strategy
Best Clickers, Active Clicks and Readers:
• Loyalty Programs
• Referrals
• Exclusive offers
• Newsletter
Inactive < 90 days:
• Discounts
• Incentives
Inactive 90-180 days:
• Promotions
• Newsletter
• Repurchase
• Lapsed buyer
Inactive > 180 days:
• Cross selling
• Loyalty Programs
• Newsletter
30
Questions?
• email will follow to all attendees with link to this webinar &
presentation
• Please contact us for additional information or a Engagement
Analyzer Demo
– Your Yesmail Sales Rep
– 1-877-yesmail or [email protected]
Thank you, Thank you, Thank you