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Delivering Increased Relevance and Revenue with Automated Emails Loren McDonald – Silverpop Zack Notes - UncommonGoods

Delivering Increased Relevance and Revenue with Automated Emails

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Page 1: Delivering Increased Relevance and Revenue with Automated Emails

Delivering Increased Relevance and Revenue with Automated Emails

Loren McDonald – Silverpop

Zack Notes - UncommonGoods

Page 2: Delivering Increased Relevance and Revenue with Automated Emails

SpeakersZack Notes• Senior Analyst, UncommonGoods• [email protected]• @zacknotes

Loren McDonald• VP, Industry Relations, Silverpop• [email protected]• @LorenMcDonald

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More of this ^ = more of this ^

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UncommonGoods

Overview and Email Program

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UncommonGoods

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UncommonGoods

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UncommonGoods

Independent B Corp out ofSunset Park in Brooklyn NY

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UncommonGoods EmailThe Early Days: 2005 - 2009

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We had been sending one broadcast email to everyone…

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Instead, we wanted to send more relevant emails to smaller groups of people.

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And we still had plenty of free space on the calendar...

SUN MON TUES WED THU FRI SAT

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Automation Timeline

2009 2010 2011 2012 2013

Confirmation Emails

Welcome Series

Browse Retargeting

Cart Abandonment

Sku Notify

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Welcome Emails

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Welcome Email #1

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Welcome Email #2

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Welcome Email #3

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Welcome Progression – But still generic …

Immediate

3-7 days

7-14 days

Immediate

Stand alone

Email # 1

Email # 2

Email # 3

3-part series

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BrowseGenericContent

Ooops

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Or you try to convert them on Alaska Cruise

Alaska offer – w/deadline

Includes current Alaska cruise offer

Includes survey/progressive

form

Includes current Alaska cruise video /

Testimonials

Using Web Tracking – marry browse behavior to email address

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Welcome Learnings/Tips

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Remarketing

Browse, Cart and Process Abandonment,

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Browse – Sniffing Around

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Browse / Cart Abandonment: Showing Interest

Sent

Delivered

Opened

Clicked

Product Views

Cart Additions

Checkouts

Orders

Revenue

Units

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Browse Retargeting ProgramA customer views one of the pages under our “for him” category …

Their page view gets logged in Silverpop’s Web Tracking table …

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Browse Retargeting ProgramWe have an automated program keyed off of the Web Tracking table …

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Browse Retargeting ProgramIt triggers this email to the customer…

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Browse Retargeting Program

We have 8 of these, including “For Kids” …and Office

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Next Iteration: SeeWhy “Browse Abandon”

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Thank You!

Wizard / Calculator Abandonment

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Supplement Wizard – Abandoned, Finished Process

• Sent when a customer receives their results but does not add items to cart or checkout

• 40.17% Open Rate• 4.18% CTR• $0.38 Rev/Email

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Retargeting Learnings/Tips

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Shopping Cart – Close to jumping in …

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Following up with abandoners by email

yields

up to 50% conversion.

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Cart Email ADay 1

Cart Email BDay 3

Cart Email CDay 5 AVERAG

E

Open Rate 40% 39% 32% 37%

Click-to-Open 44% 47% 28% 41%

Click-thru-Rate 18% 18% 9% 15%

Conversion Rate

22% 15% 24% 20%

Sales/email $8.60 $8.40 $5.04 $7.46

DEMCO Cart Remarketing ResultsConversion rate is just as high on the first email as it is on the last email

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Cart Abandonment

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• Service tone

• Human

• Multiple channel options

•Reassurance

•50% conversion

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Cart Remarketing Learnings/Tips

Prepare for a complex integration

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SKU/Reminder Emails

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Reminders turn customer service into $$$

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Out of Stock = Sku Notify Emails …

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Sku Notify Emails

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Reorder

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Replenishment

Goal: Increase sales of repeat purchases

Timing: Based on a calculation of when product will run out

Results:- 29.4% Open Rate- 3.56% CTR- $0.41 Rev/Email- 9.56% Conversion Rate

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Confirmation/Shipping Emails

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Turning a “thanks” into another purchase

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Order Confirmation

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Order Shipped Notice

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Confirmation Learnings/Tips

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Other: Broadcast Emails and Managing Email Fatigue

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All of these programs are targeting our most

engaged customers. Can’t this be applied to our

broadcast emails as well?

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AgilOneIntegrates with your ESP so you can query the engagement segments.

It’s a reactive system in which customers can move between segments, based on engagement.

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AgilOne’s engagement segments can be used in automated programs as well

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Once you have a developed email program, you need to manage customer fatigue

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Fatigue Management - Tips

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Program Results / Final Thoughts

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Program Stats

Email program Open Rate Conversion Rate

Emails Sent Total Revenue Share

Broadcast 18.1% 1.6% 20,400,000 5.90%

SKU Notify - 23.9% 8,000 0.63%

Confirmation - 2.4% 398,000 0.46%

Cart Remarketing 27.9% 23.1% 11,500 0.27%

Welcome 34.4% 1.4% 149,000 0.27%

Retargeting 41.8% 2.2% 90,000 0.25%

*Time Period: 4/1/13 - 8/19/13

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Sends vs. Revenue

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Final Thoughts/Takeaways

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Q & A / Contact InformationZack Notes• Senior Analyst, UncommonGoods• [email protected]• @zacknotes

Loren McDonald• VP, Industry Relations, Silverpop• [email protected]• @LorenMcDonald