Given that most marketers have limited resources, budget and time, where should your team focus its energies in 2010 to maximize ROI and have email play a more significant role in your company's success? This Webinar covered 3 key areas that email marketers will need to focus on in 2010, or risk seeing more sophisticated competitors pass you by:
Leverage the Data
Engage With Customers/Subscribers
Automate and Optimize
21. Targeted communications based on age Under 26 targeted mailings Age centric subject line Sent to recipients under 26 years Open rates around double average open rates Mailing for the over 50’s Targeted discount offer Open Rates 75% above average open rate
71. Re-engagement Series Results Performed abysmally (not unexpected) 5.8% Open rate 1.8% click through rate 1-2 orders per fiscal quarter So why bother…
84. ISPs incorporate basic spam filtering techniques to thwart spamISPs will continue to adapt their filters and other technology to mirror end user preferences The progression of spam filtering Source: Pivotal Veracity
85. 20 Emails in 22 Days Free Shipping 20% off $5, $10 off
106. The Right Time Of Course Is… …when each individual recipient is most likely to respond: The time when they consistently open and act on your emails.
108. Send Time Optimization Results The Test: Group 1 received emails at 9am Group 2 received emails based on the time of their last open. Results: Open rates increased 6% Total revenue generated increased 52% Average value per order grew 47%
109. Manual Approach Export your email data from a recent send Group recipients by their open time Test your next send 50% get the email at the standard time 50% get it at the hour of day they last opened
111. Marketing Content in Transactional Messages - Benefits One Silverpop client estimates that email is 64 X cheaper than a phone call Graph Source: Jupiter Research “The Transactional Messaging Imperative,” 2008 n=200 email marketers, US
115. Promotional Content Doesn’t Have to be Customized Main message clearly communicated in subject line and top of message Great HTML Layout Order details Same promotional content reiterated
131. Resources Resource Center White papers Webinars Blogs Case studies Newsletters http://www.silverpop.com/marketing-resources/index.html Many presentations on SlideShare www.slideshare.net/Silverpop
52% Open Rate (Nearly 150% higher than broadcast average) 13.8% Click through rate (125% higher than broadcast average) 10% higher conversion rate and slightly higher average order value.
30% Open Rate (40% Higher than Broadcast average) 7% Click through rate (18% Higher than broadcast average) 15% Higher conversion rate than overall average Surprisingly slightly lower than average order value
Apple does it right – personalizedupsells with images on the right navUse the real estate – order more stuff, get more recommendations. When mixing Marketing content with Transactional:Keep the transactional portion front and centerKeep the design simple and don’t overdo it on the products and offersLeverage the info obtained by the orderFrom marketingSherpa email marketing Benchamark guide 2009, p 159
Double-down on the cross sell – apparently not customized to my order but better than nothing.