The holidays are the most important time of year for the majority of online retailers, and your email marketing program can mean the difference between a good or great ecommerce season.
Fine-tuning your email marketing program long before the holidays kick in is critical because it's tough to make mid-course corrections. The 2010 holiday season presents email marketers with a golden opportunity but also a challenge--the old model of simply "sending more" has become less reliable. The mall won't be the only crowded space; inboxes will be deluged with offers and promotions. Learn how to craft programs with messages your customers anticipate and eagerly open to drive increased conversions without negatively affecting margins.
Silverpop strategist Stephen Guerra and evangelist Loren McDonald walk through 10 key pre-holiday email practices that online retailers need to address to maximize holiday revenues. Incorporating industry data, best practices and retailer case studies and examples, the Webinar covers topics including:
- Building specialized holiday welcome email programs
- Setting up browse and cart abandonment programs
- Developing a holiday segmentation and frequency strategy
- Minimizing list churn through an unsubscribe/preference center
- Optimizing your social-sharing initiatives
- Leveraging transactional emails for cross-sell/upsell opportunities
- Developing a "post-purchase" email stream
2. Speakers and Agenda Stephen Guerra Manager-Strategy Consulting Silverpop Loren McDonald VP, Industry Relations Silverpop Checklist Q & A Wrap-Up and Survey
13. What Have You Done? Start with last year’s results What did you do and what worked? What did others do that seemed to work better? Evaluate offer, subject lines, calls to action A baseline for where to start this year's holiday email planning
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16. Impact on Opens and Clicks Opens: 2008: 15% 2009: 14% Clicks: 2008: 29% 2009: 25%
17. Top two unsubscribe drivers: Lack of message relevancy and high message frequency - Forrester, The ROI Of Email Relevance, 2009
19. You Know You’ll Send More.Set the Stage Now. Deliverability relies on sender reputation – check it now Develop a frequency segmentation plan Monitor tolerance Establish baselines now Determine thresholds
23. Optimize for List Growth Value offer for opt-in Obtain address & permission immediately Review preference forms – test designs Include opt-in offer in messages
28. Save Time with Dynamic Content Improves time efficiency for sending over individual segment sends Requires initial time investment Prepare now Content Template design Business rules
29. Relevance through Behavioral Tracking 51% of surveyed US email marketers use email click-through behavioral segmentation 31% of consumers consider consumer reviews the most important part of site content - Forrester, The ROI Of Email Relevance, 2009
30. Be Relevant. Segment. Holiday behavior shifts Review past holiday periods Holiday shopper segmentsEntertainer, Parent, Budgeted Simple segments Open vs. Non-Open New vs. Old Subscriber
31. Segmentation tactic to highly target interest in holiday offers By offering option may limit potential audience Create Special Holiday Lists?
38. Silverpop’s Social Sharing Study Facebook dominates among social networks The life of a shared message is about one week Including sharing links isn’t enough: 35% of messages generated no sharing
39. Why People Share Contributing to the conversation Self-Interest Altruism Validation Affinity
54. Abandon Cart Emails 25% conversion on cart abandoners. Cart program accounts for almost 1/3 of TOTAL yearly email sales First and most effective in the series sent within hours after abandonment.
91. Marketing Content in Transactional Messages - Benefits Graph Source: Jupiter Research “The Transactional Messaging Imperative,” 2008 n=200 email marketers, US
92. Order Confirmation Series Demand from Order Confirmation Series emails grew 41.5% from 2008 to 2009. Open rates range 45%-50%
93. Promotional Content Doesn’t Have to be Customized Main message clearly communicated in subject line and top of message Including photos = higher avg click-through rate (7.1% vs 4.7%) Silverpop’s 2006 study “email creative that works” Great HTML Layout Order details Same promotional content reiterated
94. Bad Ratio!Pressing Your Luck LOTS of promotional content The majority of content in transactional messages should be non-promotional
95. Cross Sell / Upsell Best Practice: Recommend accessory items or complementary items for each product in cart
143. Holiday Welcome Increased frequency Frequency options Change preferences Reassure simplicity of holiday shopping experience Email-only specials Information about: Shipping promotions and schedules How to return items Gift-card promotions Call-center hours