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August 17, 2011 Lifecycle Email Marketing Stacy Lin

Lifecycle Marketing_Stacy Lin (Final)

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Page 1: Lifecycle Marketing_Stacy Lin (Final)

A u g u s t 1 7 , 2 0 1 1

Lifecycle Email Marketing Stacy Lin

Page 2: Lifecycle Marketing_Stacy Lin (Final)

Agenda

What is Lifecycle Email Marketing?

What Makes a Great Lifecycle Email Marketing Program?

How to Measure Success?

What to be Testing?

How does Social Media Fit In?

Page 3: Lifecycle Marketing_Stacy Lin (Final)

What is Lifecycle Email Marketing?

What is Email Marketing? •The use of email to develop relationships with potential customers

and/or clients.

What is Lifecycle Marketing •Take a customer-centric approach to email marketing strategy with

lifecycle messages.

What do we mean by lifecycle?

•Define and communicate the stages through which a customer progresses when considering, purchasing and using products, and the associated business processes a company uses to move the customer through the customer life cycle.

Page 4: Lifecycle Marketing_Stacy Lin (Final)

Retention, Not Just

Acquisition

Welcome

Here’s More Info

PurchaseYou

Might Also Like

Come Back

Key: Retention, Not Just Acquisition

Page 5: Lifecycle Marketing_Stacy Lin (Final)

Businesses are Making the Shift to Lifecycle Email Marketing 2011 Lifecycle Email Marketing Survey

Businesses are Making the Shift to Lifecycle Email Marketing

Source: “2011 Lifecycle Email Marketing Survey” was conducted online by Zoomerang on behalf of StrongMail from May 23 to June 3, 2011

Page 6: Lifecycle Marketing_Stacy Lin (Final)

Source: “2011 Lifecycle Email Marketing Survey” was conducted online by Zoomerang on behalf of StrongMail from May 23 to June 3, 2011

Lifecycle Marketing is Successfully Applied to Travel & Hospitality/Retail/Tech

Page 7: Lifecycle Marketing_Stacy Lin (Final)

Case Study: Travelocity

Page 8: Lifecycle Marketing_Stacy Lin (Final)

What Makes a Great Lifecycle Email Marketing Program?

Clear Program

Goals

Tightly Defined Business

Rules

Thoughtful Segmentation

Compelling Relevant Content

Creative Designed for Email

Page 9: Lifecycle Marketing_Stacy Lin (Final)

Common lifecycle marketing goals are to:

Increase conversionsIncrease revenue

Increase share-of-walletIncrease customer engagement

Increase brand buzzIncrease referral rate

Decrease attritionDecrease customer servicing costs

How to Measure Success?

Page 10: Lifecycle Marketing_Stacy Lin (Final)

Calculate Benchmarks for All Programs & Segments

Page 11: Lifecycle Marketing_Stacy Lin (Final)

What to be Testing?

Page 12: Lifecycle Marketing_Stacy Lin (Final)

How does Social Media Fit In?

• Contributing to the conversation• Self-Interest• Altruism• Validation• Affinity

Understand what factors influence customers to share :

• Tribal interests• Reward/Incentives• Content• Simple and obvious• Ease of sharing• Creates value• Social acumen and adoption among subscribers

Recognize what makes content shareable:

Page 13: Lifecycle Marketing_Stacy Lin (Final)