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Double down and double your mobile database
10 validated strategies that will pay off
APRIL 3, 2014!
Alex Campbell, Chief Innovation Officer and co-founder of Vibes @AlexGCampbell!
Jason Richards, Director of Customer Analytics @JasonTRichards!
#doubledown!
2
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Mobile acquisition kit!
Mobile acquisition
calculator
1 2 3
Webinar Handbook Calculator
Double down and
double your mobile
database
SMS marketing
handbook
www.vibes.com/smshandbook www.vibes.com/calculator
3
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Today’s topics!
The mobile
opportunity
Double down guide
featuring the mobile
acquisition calculator
Benchmark
data
SMS marketing
activation list
#doubledown!
4
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
The mobile opportunity!
The mobile
opportunity
Double down guide
featuring the mobile
acquisition calculator
Benchmark
data
SMS marketing
activation list
#doubledown!
5
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
The value of a mobile subscriber!
Mobile subscriber spends
anywhere from 3X – 8X
more than email!
Mobile
Social
Email
6
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
All about acquisition!
7
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Building a mobile database — key questions!
What is the best channel to acquire
mobile subscribers?
What should I do to maximize my
effort to acquire subscribers?
What is the best way to build
my mobile database?
How much should I spend to
acquire customers?
How do I rebuild after
TCPA?
8
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Driven by data!
9
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
The mobile
opportunity
Double down guide
featuring the mobile
acquisition calculator
Benchmark
data
SMS marketing
activation list
#doubledown!
10
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
The data behind building a mobile database!
Methodology
5 channels!
Multipliers!
§  Sweepstakes
§  Incentives
Email In-store Website
Social media TV
Double down!
Average effort!
The promotion to join the mobile
list is persistent throughout the
channel; placement is
maximized using premium real-
estate; full support from
channel stakeholders.
The mobile promotion is
limited within a channel;
lower value real estate
might be used; exposure is
limited; less support from
channel stakeholders.
11
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Introducing APM – the only KPI you need to know!
number of people who
will opt into your mobile
database for every 1,000
marketing impressions
you deliver
APM(Acquisitions per 1,000 impressions)!
12
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Value of multipliers!
0.5!
Incentive Sweepstakes Incentives &
Sweepstakes
No incentive &
no sweepstakes
3.1! 3.2!
4.1!APM	
  
13
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Average APM by channel!
0.7 0.7
1.0
1.3
1.6
2.3
Email In-storeWebsiteSocial
media
TV Average
14
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Impact of doubling down!
Website TV Social In-store Email
1.4
2.4
2.9 3.2
10.5When you
double down
Channel
average
15
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Next Level!
number of people who will opt
into your mobile database for
every 1,000 marketing
impressions you deliver
APM(Acquisitions per 1,000 impressions)
How much will this cost me?
How much should I spend?
How can I get 100,000 subscribers?
16
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
The mobile
opportunity
Double down guide
featuring the mobile
acquisition calculator
Benchmark
data
SMS marketing
activation list
#doubledown!
17
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Before you double down…!
•  What are you trying to accomplish with your mobile database?
•  What is your business objective for putting the time and effort into building it?
•  What does success look like (quality vs. quantity)?
Define your strategy
Business objectives
18
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Before you double down…!
•  What is the intended user
experience you want to deliver?
•  What does a post-click experience
look like for your brand?
•  What is the brand promise you are
delivering to your customers that
will help support your business
objectives?
User experience
19
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Activation channels!
Text
Mobile ads
Apps/push
TV
Email
Web
Direct mail
In-store
Social
Sponsorship
20
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Introducing the Mobile Acquisition Calculator!
www.vibes.com/calculator
21
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Double Down
§  Dedicated email focused on
promoting the mobile database
§  CTA prominently featured in the
top half of an email
§  Featured regularly to all email
lists
Email!
Average
§  Mobile database CTA featured
in the bottom half of an email
§  Not prominently featured
§  Limited to portion of email lists
10.5
1.6
22
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Double Down
§  Main hero image of the home
page and sub-pages within the
site, include the mobile
database CTA,
§  CRM sign-up with mobile option,
included in check out
Website!
Average
§  Mobile database CTA is on the
website, but is not very noticeable
§  CTA shares time with other
promotions on site
§  Different sign up from main
CRM form
1.4
0.7
23
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Double Down
§  Dedicated social content
focused on building the mobile
database and CTA promoted in
company description
Social!
Average
§  An occasional mention or reminder
to join the mobile database
2.9
0.7
24
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Double Down
§  Signage in multiple locations, including
register
§  Mobile CTA is presented to large share
of customers at checkout
§  CTA is in each receipt, there are
prompts on PIN pads
§  Associates are trained to ask for mobile
In-store!
Average
§  Using only one tactic
§  Limited distribution of a tactic
§  Mobile CTA shares time with other
recruitment efforts
3.2
2.3
25
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Double Down
§  Mobile database CTA prominently
featured in a TV ad – narrator draws
attention to CTA
§  Exclusive CTA within a spot
TV!
Average
§  Mobile database CTA mentioned
in a TV ad, but not as noticeable
§  Visually present but no voiceove,
§  Competes with other CTA in
the spot
2.4
1.0
26
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Honorable mentions!
Apple’s Passbook Google Wallet
App Sponsorship
Direct mail
iBeacon
27
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Let’s see the Mobile Acquisition Calculator in action…!
www.vibes.com/calculator
28
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
The mobile
opportunity
Double down guide
featuring the mobile
acquisition calculator
Benchmark
data
SMS marketing
activation list
#doubledown!
29
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
SMS activation checklist!
Use the Mobile Database Calculator to finalize
your plan
Use an incentive or sweepstakes to drive
opt ins
If you can’t double down on all channels, pick
the ones that will have the biggest impact on
your customers
Benchmark against what you’ve seen
Get started today!
30
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Leveraging technology to scale your SMS acquisition program!
31
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Q A&
Alex
@AlexGCampbell
Jason
@JasonTRichards
#doubledown!#doubledown!
32
©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator
Mobile acquisition kit!
Mobile acquisition
calculator
1 2 3
Webinar Handbook Calculator
Double down and
double your mobile
database
SMS marketing
handbook
www.vibes.com/smshandbook www.vibes.com/calculator

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Double Down and Double Your Mobile Database

  • 1. Double down and double your mobile database 10 validated strategies that will pay off APRIL 3, 2014! Alex Campbell, Chief Innovation Officer and co-founder of Vibes @AlexGCampbell! Jason Richards, Director of Customer Analytics @JasonTRichards! #doubledown!
  • 2. 2 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Mobile acquisition kit! Mobile acquisition calculator 1 2 3 Webinar Handbook Calculator Double down and double your mobile database SMS marketing handbook www.vibes.com/smshandbook www.vibes.com/calculator
  • 3. 3 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Today’s topics! The mobile opportunity Double down guide featuring the mobile acquisition calculator Benchmark data SMS marketing activation list #doubledown!
  • 4. 4 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator The mobile opportunity! The mobile opportunity Double down guide featuring the mobile acquisition calculator Benchmark data SMS marketing activation list #doubledown!
  • 5. 5 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator The value of a mobile subscriber! Mobile subscriber spends anywhere from 3X – 8X more than email! Mobile Social Email
  • 6. 6 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator All about acquisition!
  • 7. 7 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Building a mobile database — key questions! What is the best channel to acquire mobile subscribers? What should I do to maximize my effort to acquire subscribers? What is the best way to build my mobile database? How much should I spend to acquire customers? How do I rebuild after TCPA?
  • 8. 8 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Driven by data!
  • 9. 9 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator The mobile opportunity Double down guide featuring the mobile acquisition calculator Benchmark data SMS marketing activation list #doubledown!
  • 10. 10 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator The data behind building a mobile database! Methodology 5 channels! Multipliers! §  Sweepstakes §  Incentives Email In-store Website Social media TV Double down! Average effort! The promotion to join the mobile list is persistent throughout the channel; placement is maximized using premium real- estate; full support from channel stakeholders. The mobile promotion is limited within a channel; lower value real estate might be used; exposure is limited; less support from channel stakeholders.
  • 11. 11 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Introducing APM – the only KPI you need to know! number of people who will opt into your mobile database for every 1,000 marketing impressions you deliver APM(Acquisitions per 1,000 impressions)!
  • 12. 12 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Value of multipliers! 0.5! Incentive Sweepstakes Incentives & Sweepstakes No incentive & no sweepstakes 3.1! 3.2! 4.1!APM  
  • 13. 13 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Average APM by channel! 0.7 0.7 1.0 1.3 1.6 2.3 Email In-storeWebsiteSocial media TV Average
  • 14. 14 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Impact of doubling down! Website TV Social In-store Email 1.4 2.4 2.9 3.2 10.5When you double down Channel average
  • 15. 15 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Next Level! number of people who will opt into your mobile database for every 1,000 marketing impressions you deliver APM(Acquisitions per 1,000 impressions) How much will this cost me? How much should I spend? How can I get 100,000 subscribers?
  • 16. 16 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator The mobile opportunity Double down guide featuring the mobile acquisition calculator Benchmark data SMS marketing activation list #doubledown!
  • 17. 17 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Before you double down…! •  What are you trying to accomplish with your mobile database? •  What is your business objective for putting the time and effort into building it? •  What does success look like (quality vs. quantity)? Define your strategy Business objectives
  • 18. 18 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Before you double down…! •  What is the intended user experience you want to deliver? •  What does a post-click experience look like for your brand? •  What is the brand promise you are delivering to your customers that will help support your business objectives? User experience
  • 19. 19 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Activation channels! Text Mobile ads Apps/push TV Email Web Direct mail In-store Social Sponsorship
  • 20. 20 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Introducing the Mobile Acquisition Calculator! www.vibes.com/calculator
  • 21. 21 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Double Down §  Dedicated email focused on promoting the mobile database §  CTA prominently featured in the top half of an email §  Featured regularly to all email lists Email! Average §  Mobile database CTA featured in the bottom half of an email §  Not prominently featured §  Limited to portion of email lists 10.5 1.6
  • 22. 22 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Double Down §  Main hero image of the home page and sub-pages within the site, include the mobile database CTA, §  CRM sign-up with mobile option, included in check out Website! Average §  Mobile database CTA is on the website, but is not very noticeable §  CTA shares time with other promotions on site §  Different sign up from main CRM form 1.4 0.7
  • 23. 23 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Double Down §  Dedicated social content focused on building the mobile database and CTA promoted in company description Social! Average §  An occasional mention or reminder to join the mobile database 2.9 0.7
  • 24. 24 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Double Down §  Signage in multiple locations, including register §  Mobile CTA is presented to large share of customers at checkout §  CTA is in each receipt, there are prompts on PIN pads §  Associates are trained to ask for mobile In-store! Average §  Using only one tactic §  Limited distribution of a tactic §  Mobile CTA shares time with other recruitment efforts 3.2 2.3
  • 25. 25 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Double Down §  Mobile database CTA prominently featured in a TV ad – narrator draws attention to CTA §  Exclusive CTA within a spot TV! Average §  Mobile database CTA mentioned in a TV ad, but not as noticeable §  Visually present but no voiceove, §  Competes with other CTA in the spot 2.4 1.0
  • 26. 26 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Honorable mentions! Apple’s Passbook Google Wallet App Sponsorship Direct mail iBeacon
  • 27. 27 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Let’s see the Mobile Acquisition Calculator in action…! www.vibes.com/calculator
  • 28. 28 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator The mobile opportunity Double down guide featuring the mobile acquisition calculator Benchmark data SMS marketing activation list #doubledown!
  • 29. 29 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator SMS activation checklist! Use the Mobile Database Calculator to finalize your plan Use an incentive or sweepstakes to drive opt ins If you can’t double down on all channels, pick the ones that will have the biggest impact on your customers Benchmark against what you’ve seen Get started today!
  • 30. 30 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Leveraging technology to scale your SMS acquisition program!
  • 31. 31 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Q A& Alex @AlexGCampbell Jason @JasonTRichards #doubledown!#doubledown!
  • 32. 32 ©2014 Vibes All rights reserved. Confidential www.vibes.com/calculator Mobile acquisition kit! Mobile acquisition calculator 1 2 3 Webinar Handbook Calculator Double down and double your mobile database SMS marketing handbook www.vibes.com/smshandbook www.vibes.com/calculator