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Three Strategies for Email Marketing Success in 2010

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Speakers & Agenda

• Loren McDonald

– VP, Industry Relations

– Silverpop

– Moderator

• Melanie Coombs

– Senior Email Marketing Analyst,

– Fabric.com

• Agenda

– Fabric.com Overview

– Setting the Scene

– Leverage the Data

– Engage With Customers /

Subscribers

– Automate and Optimize

– Questions & Answers

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About Fabric.com

• Online fabric and craft retailer

• Founded in 1999

• Headquartered in Marietta, GA

• Acquired in 2008 by a large online

retailer

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Email Has Been “Easy Pickens,” Like…

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…but…it is getting tougher.

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Social Media Explosion

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Mobile / Small-Screen Devices

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Inbox Overload

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Web Browser

PC client

Mobile Client

Multiple Inboxes

Social Network RSS Feed

Web Version

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Tuning Out / Inactives

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So 3 Must Dos in 2010

1. Leverage the Data

2. Engage With Customers/Subscribers

3. Automate and Optimize

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Leverage the Data

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It is all about the data…

• Collect• Observe behavior• Act

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Preference Centers/Opt-in Process

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Why Preference Centers?

•Demographics & interests

•Up to date/changes

Data Capture•“My

Email”

•Better retention

Subscriber Empowerment

•Preferred frequency, lists

•Basis of personalization, segmentation

Increased Relevance

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Society of London Theatre

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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

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Capture Only Data You’ll Use

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Happy Birthday

• 52% Open Rate

• 13.8% CTR

• 10% higher conversion rate

• Slightly higher AOV

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Leverage Behavioral Data

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Fabric.com Segments List by Purchasing Habits

Customers• Active – Buying, opening and clicking regularly

• Semi-Active – Buying, opening and clicking

occasionally

• Inactive – No longer buying, opening and clickingProspects • Active – Opening and clicking regularly

• Semi-active – Opening and clicking

occasionally

• Inactive – No longer opening or clicking

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Purchase Anniversary

• 30% Open Rate

• 7% Click through rate

• 15% Higher conversion rate than overall average

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Re-engage subscribers before it is too late.

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Engage With Customers/Subscribers

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Manage Expectations

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Subscriber Expectations

• Privacy/Permission

• Brand

• Other communications

• Content

• Frequency

• Format

• Subscription management

• Relevance and personalization

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Welcome Emails

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Within two months of opt-in, the open rate typically

falls 20% to 25%.

Source: MarketingSherpa

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Bring the Flowers

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Welcome Email Ecommerce Case Study

• Text• Single email• IT Generated• No marketing messaging

• HTML• 2-part email series• Marketing generated• Promotions, education

75% increase in conversions

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Create content that is shareworthy

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Social Email is the New Viral

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Share to Social / SWYN in Email

• Increased views, clicks

• Reach new audience

• Obtain new subscribers

• Viral buzz

• Increased ROI

• Most valuable sharers

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“Dough” + Valentine = Shareworthy

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Content that is Engaging & Human

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Unexpected (but good) content

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Incorporating Social Aspects Within Emails

• Comments• User ratings• Top read, top purchases,

etc.

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Email That Educates & Sells

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Like, Awesome Dude!

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• Personal reviews/ comments from staff members

• While not objective, puts real people behind the products and emails

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Re-engage

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25% to 80%+ of your list

is “inactive”

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Don’t Wait, Be Proactive• Preference centers• Surveys, ask for feedback• Behavioral dataData

• Identify inactive subscribers• Determine root causes, patterns• Test frequency, content, personalization

Monitor/ Analyze

• Use the data – segment, personalize• Deploy triggers, act on behavior• Offer alternatives

Increased Relevance

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Dell Reengagement Email

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Re-engagement Series

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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…

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Verifies email address is no longer of value

and

Improves list quality / deliverability

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New Message Streams

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Value-Added Message Streams

• Notifications• Alerts• Reminders• Aggregators• Confirmations• Updates• Closeouts• …and more

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Wine of the Day - Cadence

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Automate and Optimize

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Why automate?

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Automation to the rescue!

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Use Triggers: Reminders / Cart-Abandonment / etc.

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Web Analytics Data Drives Two Key Programs

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Swatch Order Reminders

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1. Open, CT and Conversion Rates that are MORE THAN DOUBLE broadcast email rates

2. Average Order Value is 53% HIGHER

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Cart Abandonment Emails

52% Open Rate 27% CTR

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1. Click-Through Rates that are 350% higher than broadcast email rates

2. Average Order Value is 10% HIGHER

3. Conversion rates 50% higher than broadcast

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Rewards for Fabric.com’s Efforts

1. 35+% of revenue comes from email

2. Nearly 50% annual growth in email

revenue

3. 140% increase in conversion rate

4. More than 50% increase in visitors

5. 7% increase in avg. order value

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Go for it!

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Contact Information

• Melanie Coombs, Fabric.com

[email protected] – www.fabric.com– Twitter: @fabricmaverick

• Loren McDonald, Silverpop

[email protected]– Twitter:

• @LorenMcDonald• @Silverpop

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Thank you!

On Twitter: @Silverpopwww.slideshare.net/silverpop

www.silverpop.com


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