tfma.25.2.14.final
TRANSCRIPT
How to Upgrade Your Email Marketing to Marketing Automation
Mark Patron 25th February 2014
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Agenda
• What is marketing automation?
• Marketing automation applications
• Case studies
3
Evolution of digital marketing
DatabaseMarketing
Target bestcustomers
RFM data
Direct mail
CRM
Direct mailtargeting
Lifestyle data
Phone
DigitalMarketing
Multichannelcampaign
management
Transactionaldata
Search Email
ROI
1980’s 1990’s 2000’s 2010’s
Marketing Automation
PersonalisationEvent triggered
BehaviouralData
MobileSocial
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Why B2C marketing automation is growing
As number of campaigns overtake available marketing dept. resources marketing automation and campaign management become necessary.
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Evolution of email marketing
Starting Out Optimisation Marketing AutomationWin by Volume Content Data
Key Metrics List SizeSend Volume
OpensClicks
ConversionsEngaged SubscribersChurn
KeyActivities
Build listSend frequently
ContentSubject Lines
Contact StrategyRFM AnalysisMarket Basket Analysis
ESPselection
Cost DeliverabilityReporting
IntegrationSegmentationAutomation
Segmentation None BasicEmail - based
AdvancedPurchase historyWeb history
Automation None Subscriber Welcome SeriesAbandon Cart
Post Purchase Welcome Win Back CampaignsCross MerchandisingReviews
Source: Nathan Decker Evo.com at eTail West
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What do we mean by marketing automation?
• Email marketing
• Web analytics
• Multi-channel
• CRM integration
• Landing pages
• Campaign management
• Reporting
= Marketing automation
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Database is central to marketing automation
Website Behaviour
Email Engagement
Database
INPUTS
OUTPUTS
Mobile
Social
Call Centre
Single customer view enables relevant
marketing communications
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Database in more detail
Marketing Automation Database
1 - 500m site visits per month50 - 500 variables to choose from
Database updated hourly
Example variablesTransactional: sales, registrations,
accessoriesDemographic: gender, DOB, family
Email Engagement: sent, bounce, open, click
Behavioural: products viewed, preferred categories, reviews, linked
products, preferences, insuranceCampaign: search phrase, source site
INPUTS OUTPUTS
Website behaviour
Email activity
DM activity
Call centre
Transactional
Offline database
Campaign data
Social media
Surveys
Mobile
Social
Call centre
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Agenda
• What is marketing automation?
• Marketing automation applications
• Case studies
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Marketing automation applications
• Customer segmentation
• Sales funnel management
• Control email frequency
• Triggered email
• Customer lifecycle email
• Campaign management
• Multi-channel marketing
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Sales funnel lead management
Lead scoring in B2B marketingMeasuring customer engagement in B2C…
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Email engagement and frequency
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Triggered behavioural email gives best results
Future email
Traditional email
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Customer lifecycle behavioural email
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Campaign management
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More accurate data = better targeting
Email marketing:
• Jane Taylor opened the email
and clicked on link 214/A.
Marketing automation:
• Jane Taylor opened the email and
clicked on link 214/A.
• She first went to the website 4 months
ago and 5 visits later registered.
• She has visited 3 pages on product
XYZ and 2 pages on product ABC.
• 2 of those visits have been as a result
of the search term “low cost XYZ” and 2
visits as a result of “best quality ABC”
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Email testing - usage & effectiveness
Email marketers test the easy things, marketing automation makes it easier to test the more effective things such as better targeting
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How to implement cost effectively
• Think big, start small and move fast
• To de-risk B2C marketing automation implementation use a phased approach, for example:
1. Start with two or three email triggers to prove ROI. For example basket and browser abandonment. Cost £2k to £3k/month
2. Once the first trigger emails have proven their value the next phase is to add more triggered emails
3. Consolidate your email marketing on one marketing automation platform
4. Start to combine other channels such as SMS and call centre
5. Personalise website content so it is more relevant to the consumer
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Agenda
• What is marketing automation?
• Marketing automation applications
• Case studies
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Monarch
Monarch incorporated dynamic content triggered by online search into a behavioural email campaign.
• 56.53% open rate• 34.37% CTR• 6% conversion• 17,257% ROI
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Cosmos
1. Abandon search
2. Abandon search follow up
3. Abandon booking
4. Ancillary (holiday extras)
5. Concierge
6. Welcome home
7. Anniversary
Using RedEye’s integrated database Cosmos was able target theircustomers based on different types of online behaviour:
Despite behavioural emails only accounting for 4% of email volume,50% email revenue now comes from these campaigns
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Sainsbury’s Bank
Using data collected through the offline purchase by customers using a nectar card, Sainsbury’s Bank was able to target opted-in users with a relevant insurance product via email marketing.
• 43.2% open rate• 11.6% click through rate• 6% conversion rate
Summary
• The future of digital and email marketing is relevant communications:
• Right offer, right person, right time, right channel
• Relevance is achieved through:• Personalisation, segmentation and targeting• Behavioural data
• The enabling technologies are:• Marketing automation• A good database
REDEYE
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THANK YOU
26 Grosvenor GardensVictoriaLondon SW1W 0GT
020 7730 9958
www.redeye.com
Visit us at Stand D9Complete our quick survey on marketing
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