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Transforming
Retail into Me-Tail
Contents
#MLUK14 @bsstaveley & @jonnydotdixon
1. Challenges
2. Insight
3. “Me-tail”
4. Takeaways
Challenges01
#MLUK14 @bsstaveley & @jonnydotdixon
• A customer experience
• A brand opportunity
• A chance to connect
Shopping…
#MLUK14 @bsstaveley & @jonnydotdixon
Integrating email with other channels
Leveraging dynamic content
Leveraging segmentation
Managing email frequency and cadence
Increasing open click-through rates
57%
50%
43%
38%
38%
Challenges For Retailers
Source: Forrester 2013
#MLUK14 @bsstaveley & @jonnydotdixon
Male Age Digital
Let’s Get Personal
#MLUK14 @bsstaveley & @jonnydotdixon
------------
Let’s Get Personal
Ben Staveley
VS
Jonny Dixon
Insight noun02
The capacity to gain an accurate and deep intuitive
understanding of a person
#MLUK14 @bsstaveley & @jonnydotdixon
Purchase
Segment and automate
based on what people
purchase
Feedback
Use the data your
customers provide you to
make the right decision
Social
Use publically available data
to find out who they are
Email
Are your customers
opening, clicking or
converting?
Browse
Understand what people
are looking at but
not necessarily buying
#MLUK14 @bsstaveley & @jonnydotdixon
• In 2013, 75% of social generated sales came from Facebook,
Twitter and Pinterest
• 39% of Facebook users like brand pages to research products
• 74% of consumers rely on social media to guide their
purchases
Social @bsstaveley & @jonnydotdixon
Source: socialmediatoday.com 2014
#MLUK14 @bsstaveley & @jonnydotdixon
---------
-----
#MLUK14 @bsstaveley & @jonnydotdixon
• 99% of visitors won’t buy on the first visit
• 25% abandon to never return, 75% have intent to return
• 19 hours is the average between 1st visit and a purchase
• 29% of sales recaptured through a 3 step abandon cart
program
Web Behavior
Source: SeeWhy 2013 & dotmailer case study
#MLUK14 @bsstaveley & @jonnydotdixon
Men’s – Shirt Men’s –Brogues
#MLUK14 @bsstaveley & @jonnydotdixon
• Your customers are not all the same!
• 208% higher conversion rate from targeted emails
• 24% increase in revenue
• 21% greater customer retention
Purchase History
Source: Marketingsherpa 2012
#MLUK14 @bsstaveley & @jonnydotdixon
1st Purchase
Used a coupon for free delivery
Different delivery address
Purchased on 30th Month
8th Paul Smith Purchase
Never used a coupon
Next Day Delivery
Delivered to Central London
----------------
#MLUK14 @bsstaveley & @jonnydotdixon
• People like talking about themselves!
• Ask questions
• Think about customer service & satisfaction
• Make it useful
Feedback
#MLUK14 @bsstaveley & @jonnydotdixon
• 33% of consumers say email contributes to online shopping
• 78% people check email on mobile phones
• Lifetime value of an email acquired customer is 12% higher
• 7 in 10 people say they made use of a coupon from a marketing email
• 23.8% of all email opens occur during the 1st hour after delivery
Email Behavior
Source: dotmailer infographic 2014
#MLUK14 @bsstaveley & @jonnydotdixon
Opens on multiple devices
Mostly opens during the evening
Engages with new product emails
Socially shares on Facebook
Opens all emails on iPhone
All opens during the day
Engages with all discount emails
Consistently forwards to people
--------------
Me-tail03
#MLUK14 @bsstaveley & @jonnydotdixon
• Customer Data
• Sales Information
• Purchase History
• Surveys & Forms
• Social Insight
• Web Insight
Utilize the Data
#MLUK14 @bsstaveley & @jonnydotdixon
• Treat your customers as people not data
• Equip yourself with tools that make it easy and fast
• Consider the customers entire purchase journey
• ‘Think Big, Start Small, Scale Quickly’
Start Humanizing
#MLUK14 @bsstaveley & @jonnydotdixon
------------
Ben
Payday purchaser
Incentivised by coupons
Purchased for others
Unengaged with email in the evening
Likes: Fast cars, good food, films,
home improvements
The Difference
Jonny
Frequent purchaser
Not incentivised by coupons
Purchased for himself
Social advocate
Likes: Sport, travelling, music,
wine, beer and cocktails
#MLUK14 @bsstaveley & @jonnydotdixon
• Stand out from the crowd
• Show customers you care about them!
• Always add value and build trust
“A 5% increase in retention yields profit increases of 25 to 100%.”
“Repeat customers spend, on average, 67% more than new customers.”
ROR – Return on Relationship
Source: Bain and Company
04 Takeaways
#MLUK14 @bsstaveley & @jonnydotdixon
• Insight – Use the data you have and recognize customer as individuals
• Humanize – Reflect your brand, build trust, reward loyalty
• ROR – Build “relationshops” and revenue
Takeaways
Any questions?
ben.staveley@dotmailer.com
jonny.dixon@dotmailer.com
@dotmailer

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Transforming Retail into Me-Tail - #MLUK14

  • 1.
  • 4. #MLUK14 @bsstaveley & @jonnydotdixon 1. Challenges 2. Insight 3. “Me-tail” 4. Takeaways
  • 5.
  • 6.
  • 8. #MLUK14 @bsstaveley & @jonnydotdixon • A customer experience • A brand opportunity • A chance to connect Shopping…
  • 9. #MLUK14 @bsstaveley & @jonnydotdixon Integrating email with other channels Leveraging dynamic content Leveraging segmentation Managing email frequency and cadence Increasing open click-through rates 57% 50% 43% 38% 38% Challenges For Retailers Source: Forrester 2013
  • 10. #MLUK14 @bsstaveley & @jonnydotdixon Male Age Digital Let’s Get Personal
  • 11. #MLUK14 @bsstaveley & @jonnydotdixon ------------ Let’s Get Personal Ben Staveley VS Jonny Dixon
  • 12. Insight noun02 The capacity to gain an accurate and deep intuitive understanding of a person
  • 13. #MLUK14 @bsstaveley & @jonnydotdixon Purchase Segment and automate based on what people purchase Feedback Use the data your customers provide you to make the right decision Social Use publically available data to find out who they are Email Are your customers opening, clicking or converting? Browse Understand what people are looking at but not necessarily buying
  • 14. #MLUK14 @bsstaveley & @jonnydotdixon • In 2013, 75% of social generated sales came from Facebook, Twitter and Pinterest • 39% of Facebook users like brand pages to research products • 74% of consumers rely on social media to guide their purchases Social @bsstaveley & @jonnydotdixon Source: socialmediatoday.com 2014
  • 15. #MLUK14 @bsstaveley & @jonnydotdixon --------- -----
  • 16. #MLUK14 @bsstaveley & @jonnydotdixon • 99% of visitors won’t buy on the first visit • 25% abandon to never return, 75% have intent to return • 19 hours is the average between 1st visit and a purchase • 29% of sales recaptured through a 3 step abandon cart program Web Behavior Source: SeeWhy 2013 & dotmailer case study
  • 17. #MLUK14 @bsstaveley & @jonnydotdixon Men’s – Shirt Men’s –Brogues
  • 18. #MLUK14 @bsstaveley & @jonnydotdixon • Your customers are not all the same! • 208% higher conversion rate from targeted emails • 24% increase in revenue • 21% greater customer retention Purchase History Source: Marketingsherpa 2012
  • 19. #MLUK14 @bsstaveley & @jonnydotdixon 1st Purchase Used a coupon for free delivery Different delivery address Purchased on 30th Month 8th Paul Smith Purchase Never used a coupon Next Day Delivery Delivered to Central London ----------------
  • 20. #MLUK14 @bsstaveley & @jonnydotdixon • People like talking about themselves! • Ask questions • Think about customer service & satisfaction • Make it useful Feedback
  • 21. #MLUK14 @bsstaveley & @jonnydotdixon • 33% of consumers say email contributes to online shopping • 78% people check email on mobile phones • Lifetime value of an email acquired customer is 12% higher • 7 in 10 people say they made use of a coupon from a marketing email • 23.8% of all email opens occur during the 1st hour after delivery Email Behavior Source: dotmailer infographic 2014
  • 22. #MLUK14 @bsstaveley & @jonnydotdixon Opens on multiple devices Mostly opens during the evening Engages with new product emails Socially shares on Facebook Opens all emails on iPhone All opens during the day Engages with all discount emails Consistently forwards to people --------------
  • 24. #MLUK14 @bsstaveley & @jonnydotdixon • Customer Data • Sales Information • Purchase History • Surveys & Forms • Social Insight • Web Insight Utilize the Data
  • 25. #MLUK14 @bsstaveley & @jonnydotdixon • Treat your customers as people not data • Equip yourself with tools that make it easy and fast • Consider the customers entire purchase journey • ‘Think Big, Start Small, Scale Quickly’ Start Humanizing
  • 26. #MLUK14 @bsstaveley & @jonnydotdixon ------------ Ben Payday purchaser Incentivised by coupons Purchased for others Unengaged with email in the evening Likes: Fast cars, good food, films, home improvements The Difference Jonny Frequent purchaser Not incentivised by coupons Purchased for himself Social advocate Likes: Sport, travelling, music, wine, beer and cocktails
  • 27. #MLUK14 @bsstaveley & @jonnydotdixon • Stand out from the crowd • Show customers you care about them! • Always add value and build trust “A 5% increase in retention yields profit increases of 25 to 100%.” “Repeat customers spend, on average, 67% more than new customers.” ROR – Return on Relationship Source: Bain and Company
  • 29. #MLUK14 @bsstaveley & @jonnydotdixon • Insight – Use the data you have and recognize customer as individuals • Humanize – Reflect your brand, build trust, reward loyalty • ROR – Build “relationshops” and revenue Takeaways