Is marketing automation just automated marketing? eMarsys

Internet World
Internet WorldInternet World
Is Marketing Automation just
automated marketing?

John Fleming
VP Marketing emarsys

VIENNA • LONDON • MUNICH • ZURICH • BERLIN • PARIS • HONG KONG • MOSCOW • ISTANBUL • BEIJING • SINGAPORE
Is retail struggling?
Every department needs to trim it’s cost

• Marketing Budgets
not increasing
• ‘More for less’
• Greater Efficiency
• Increased ROI
Email Marketing was the answer

• Recipients now more selective
• Who they want to hear from
• What channel they want to receive
• Are becoming ‘self selecting’ in what the read
Is it now Marketing Automation?

Lifecycle Marketing Automation
Background

• B2B prospects research
• Sales people are expensive
resources
• Technology was able to
assist
• ‘Warm leads’ passed to sales
B2B Marketing Automation Lifecycle
Lead Lifecycle
Known

Responsive

Lead Nurturing

Unknown

Prospect

‘Sales Ready Leads’

Identify

Capture

Engage

Convert
The revolution in online B2C businesses

•
•
•
•

Customer and prospects browse extensively
Look for recommendations
Short buying cycle
Traditional B2B lead nurturing too expensive
The revolution in online B2C businesses

• Customer still crave a
‘personal shopping experience’
• Loyalty schemes
• ‘Opt-in’

Trademarks acknowledged
Understanding the B2C Customer Lifecycle
Customer Lifecycle
Repeat
Purchaser

Premium Customer

Inactive Customer

Customer Lifetime value

First Time
Customer

Develop

Mature

Retain

Reactivate
Automate your marketing

• You could automate all of your customer
interaction
• From order processing to predictive behavioral
triggers
Automate your marketing - example
Think big, start small
Customer Lifecycle

Customer Lifetime value

First Time
Customer

Repeat
Purchaser

Premium Customer

Inactive Customer

Exclusive offers
VIP customer previews

Special Offers

Free delivery

Free delivery

Up-sell /Cross-sell
First Order
Instant confirmation

This would go with your
last purchase
Satisfaction survey

Special Offers

Delivery update
Goods despatched

'We miss you'

Abandon basket
Thank You

Develop

Expand

Retain

Reactivate
From theory…
Responded

CRM
Web2lead form

@
Web2lead
form

Update CRM

Wait 14 days

Responded

Follow up
email

@

Wait 7 days
Not Responded

Send reminder with
introductory offer

Not Responded

Send offer
Based on
preferences

@
Send Newsletter

@

Wait 30 days
…to implementation

Responded

On submitting
Preference form

Add to CRM

Responded

Email response
On submitting form
With preference request

Wait 14 days

Send email offer
based on
preferences

Finish

Send Newsletter

Finish

Not Responded

Not Responded
Wait 7 days

Send email
reminder
with offer

Wait 30 days
The complete marketing lifecycle
Lead Lifecycle
Known

Identify

Capture

Responsive

Prospect

First Time
Customer

Repeat
Purchaser

Premium
Customer

Inactive
Customer

Lead Nurturing

Customer Lifetime value

Unknown

Customer Lifecycle

Engage

Convert

Develop

Mature

Retain

Reactivate
Take some lessons from B2B marketing automation
Lead Lifecycle
Unknown

Known

Responsive

Prospect

Offers

Lead Nurturing

Free Delivery

Discover

Initial discount

Web behaviour

Register

Profile

Blogs / Social

Preferences

Landing Pages
Web2 Lead forms

Category choices

Identify

Capture

Email Responses

Engage

Convert
Its not just about sales

• Marketing automation can assist:
• Customer support
• Customer loyalty
• Data cleansing
Conclusions

• Marketing automation for B2B is most effective
along the lead lifecycle
• Marketing Automation for B2C is most effective
along the customer lifecycle
• In both areas it:
• Reduces costs
• Increases effective communication
• Targets customers and prospects with different
messages
Conclusions

• Before you start to look for suppliers:
• Understand your requirements
• What are your goals?
• Think from your customers perspective

• Don’t be put off by what you see in the marketplace

• Start small but think big
• Take easy tasks first
• Then build more complex campaigns

• Don’t use increased sales as your first objective

• Short term pain delivers long term gain
First 25 people
back to our
stand

E5045
Will receive a
complimentary
book.
Thank You

John Fleming
VP Marketing

www.emarsys.com
john.fleming@emarsys.com
1 de 22

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Is marketing automation just automated marketing? eMarsys

  • 1. Is Marketing Automation just automated marketing? John Fleming VP Marketing emarsys VIENNA • LONDON • MUNICH • ZURICH • BERLIN • PARIS • HONG KONG • MOSCOW • ISTANBUL • BEIJING • SINGAPORE
  • 3. Every department needs to trim it’s cost • Marketing Budgets not increasing • ‘More for less’ • Greater Efficiency • Increased ROI
  • 4. Email Marketing was the answer • Recipients now more selective • Who they want to hear from • What channel they want to receive • Are becoming ‘self selecting’ in what the read
  • 5. Is it now Marketing Automation? Lifecycle Marketing Automation
  • 6. Background • B2B prospects research • Sales people are expensive resources • Technology was able to assist • ‘Warm leads’ passed to sales
  • 7. B2B Marketing Automation Lifecycle Lead Lifecycle Known Responsive Lead Nurturing Unknown Prospect ‘Sales Ready Leads’ Identify Capture Engage Convert
  • 8. The revolution in online B2C businesses • • • • Customer and prospects browse extensively Look for recommendations Short buying cycle Traditional B2B lead nurturing too expensive
  • 9. The revolution in online B2C businesses • Customer still crave a ‘personal shopping experience’ • Loyalty schemes • ‘Opt-in’ Trademarks acknowledged
  • 10. Understanding the B2C Customer Lifecycle Customer Lifecycle Repeat Purchaser Premium Customer Inactive Customer Customer Lifetime value First Time Customer Develop Mature Retain Reactivate
  • 11. Automate your marketing • You could automate all of your customer interaction • From order processing to predictive behavioral triggers
  • 13. Think big, start small Customer Lifecycle Customer Lifetime value First Time Customer Repeat Purchaser Premium Customer Inactive Customer Exclusive offers VIP customer previews Special Offers Free delivery Free delivery Up-sell /Cross-sell First Order Instant confirmation This would go with your last purchase Satisfaction survey Special Offers Delivery update Goods despatched 'We miss you' Abandon basket Thank You Develop Expand Retain Reactivate
  • 14. From theory… Responded CRM Web2lead form @ Web2lead form Update CRM Wait 14 days Responded Follow up email @ Wait 7 days Not Responded Send reminder with introductory offer Not Responded Send offer Based on preferences @ Send Newsletter @ Wait 30 days
  • 15. …to implementation Responded On submitting Preference form Add to CRM Responded Email response On submitting form With preference request Wait 14 days Send email offer based on preferences Finish Send Newsletter Finish Not Responded Not Responded Wait 7 days Send email reminder with offer Wait 30 days
  • 16. The complete marketing lifecycle Lead Lifecycle Known Identify Capture Responsive Prospect First Time Customer Repeat Purchaser Premium Customer Inactive Customer Lead Nurturing Customer Lifetime value Unknown Customer Lifecycle Engage Convert Develop Mature Retain Reactivate
  • 17. Take some lessons from B2B marketing automation Lead Lifecycle Unknown Known Responsive Prospect Offers Lead Nurturing Free Delivery Discover Initial discount Web behaviour Register Profile Blogs / Social Preferences Landing Pages Web2 Lead forms Category choices Identify Capture Email Responses Engage Convert
  • 18. Its not just about sales • Marketing automation can assist: • Customer support • Customer loyalty • Data cleansing
  • 19. Conclusions • Marketing automation for B2B is most effective along the lead lifecycle • Marketing Automation for B2C is most effective along the customer lifecycle • In both areas it: • Reduces costs • Increases effective communication • Targets customers and prospects with different messages
  • 20. Conclusions • Before you start to look for suppliers: • Understand your requirements • What are your goals? • Think from your customers perspective • Don’t be put off by what you see in the marketplace • Start small but think big • Take easy tasks first • Then build more complex campaigns • Don’t use increased sales as your first objective • Short term pain delivers long term gain
  • 21. First 25 people back to our stand E5045 Will receive a complimentary book.
  • 22. Thank You John Fleming VP Marketing www.emarsys.com john.fleming@emarsys.com