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SamJaneNoble Bridging the gap between Acquisition & Retention Increase customer LTV SAMANTHA NOBLE #DMSSO

Bridging the Gap Between Acquisition and Retention - Samantha Noble

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Page 1: Bridging the Gap Between Acquisition and Retention - Samantha Noble

SamJaneNoble

Bridging the gap between Acquisition & RetentionIncrease customer LTV

S A M A N T H A N O B L E

# D M S S O

Page 2: Bridging the Gap Between Acquisition and Retention - Samantha Noble

SAMANTHA NOBLEFOUNDER

B IDDABLE MOMENTS

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Why are we so focused on new customer acquisition?

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We should be putting more effort into Customer Loyalty

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7x more expensive to acquire new customers

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Customer Match

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Target email addresses from your CRM database

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Positive & negative bid adjustments

Show specific ads or landing pages to specific audiences

Bid on more generic keywords than you usually would

Stop certain audiences from seeing your ads

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When did Customer Match launch?

Launch Date

September 2015

October 2013

October 2013

April 2017

June 2017

NA

NA

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@gmail

@outlook

@hotmail

Upload Email Lists Matching Process Targeted Audience Advertise

How does Customer Match work?

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What do we need to match at a minimum to target the audience?

Match Rate Minimum

1,000

20

20

300

100

NA

NA

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On average Google match 50.40%

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Wordstream uploaded 360k email addresses; these were the results

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You want to cleanse & segment the data before you upload it

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Segmenting the customer database

Age and/or Gender

Location (country, city)

Month and year of purchase or enquiry

Lifetime value of the customer

Product or serviced purchased/enquired about

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Segmenting the email database

Age and/or Gender

Date of last opened email

Location (country, city)

Types of content they enjoy reading

Date of sign up

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Strategies for Loyalty

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65% of consumers say receiving rewards

impacts their purchase frequency

Source: Social Annex

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80% of shoppers would switch stores if offered a

compelling promotion

Source: Access Development

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How can we use paid media toencourage loyalty?

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These cover everythingAll Platforms

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Use dedicated landing pages for existing customers to show different messaging & offers

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Create a section or page on site to promote a loyalty scheme

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Ensure you always show reviews and testimonials on your website landing pages

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The major search enginesAdWords & Bing

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Stop customers going to a competitor using RLSA with competitor keyword bidding

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Offer unique discounts for existing customers and get them to appear in ads they see

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Stop showing new customers offers in ads or landing pages to your existing customer base

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Use search ads for Brand+Loyalty Scheme terms to drive traffic to your site rather than another

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Things we can’t do on BingAdWords

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Add special offers in Shopping Ads that only existing customers can see

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Run Promoted Pin adverts to existing customers with offers to bring them back in the store

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Aggregated reviews automatically appear in search ads and make them stand out

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Customer Match with Gmail Ads can be great for promoting loyalty schemes to customers

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Upselling to existing customers with related product ads using Gmail Sponsored Promotions

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Create urgency in ads using Countdown timers to include repeat offers for a limited time

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Segment your customers into purchase month to target and encourage repeat purchases

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http://bit.ly/campaign-url-builder-ga

Track email clicks and build a remarketing list to encourage purchases based on content read

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Use App Engagement on the Search Network to entice customers to use your app

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App Engagement on the GDN can also be used to encourage customers to use the app

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The biggest social networkFacebook & Instagram

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Remarketing to showcase relevant additional products a customer may buy

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Messenger Ads for customers can be used to promote repeat purchase deals

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Lead Gen Ads are great for encouraging existing customers into your loyalty scheme

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Target your loyal blog readers with a thank you message, then an eBook and then a sale

http://bit.ly/jon-loomer

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It’s not just for B2BLinkedin

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Run a Sponsored InMail campaign to promote new product or service launches to customers

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Lead Gen Ads on Linkedin are also great for encouraging signups to your loyalty scheme

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Use the traditional ad formats to show relevant products or services and encourage repeat buys

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Final Words

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You work hard and spend budget to obtain new customers

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Take full advantage of the audience targeting options

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Get paid media teams working with other teams to share

audience insights

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This isn’t the future. This is now. We need to embrace it.

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http://bit.ly/increase-lifetime-value

Customer Loyalty Strategies

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SamJaneNoble

View the slides here:

# D M S S O

http://bit.ly/sam-noble-dmsso

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SamJaneNoble

Thank you for listening.

# D M S S O

C O N T A C T D E T A I L S

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i n f o @ b i d d a b l e m o m e n t s . c o m

http://bit.ly/sam-noble-dmsso