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Ecommerce
Marketing
Automation:
How to Use Automation and
Analytics to Predict Consumer
Behavior and Increase        Click to watch
eCommerce Sales            OnDemand Video!


                         http://bit.ly/autoecomm
I’m Mike Ewing.
Nice to meet you.
       @inboundcommerce
I’m Meghan Anderson.
Nice to meet you.
       @meghkeaney
I’m Sam Mallikarjunan.
Nice to meet you.
       @mallikarjunan
Tweet Questions
 & Comments!

#AutoEcomm
                  http://bit.ly/autoecomm
AGENDA:


1
ECOMMERCE

1
MARKETING
AUTOMATION




             http://bit.ly/autoecomm
Shopping Cart Fetchback:
  UNDERSTANDING
  CUSTOMER
  HESITATIONS




Questions & Comments on Twitter: #AutoEcomm   http://bit.ly/autoecomm
UNDERSTANDING CUSTOMER
   HESISTATIONS

       1           What Is a Fetchback?

       2                Surprising Statistics

       3           Top Reasons For Abandonment


       4                Actionable Takeaways

Questions & Comments on Twitter: #AutoEcomm     http://bit.ly/autoecomm
SHOPPING CART
         FETCH BACK?
  “       Shopping Cart Fetch Back is a
          timely email sent to a prospect
          that has abandoned shopping


                            ”
                       cart.


http://bit.ly/autoecomm
SURPRISING
        STATISTICS
 88%                    65%
of online shoppers     of all online shoppers
have abandoned their   wait a day or more to
shopping cart at one   complete a purchase.
point or another.


 21%
of shoppers who
                         45%
didn’t complete the    of consumers
checkout, said they    abandoned carts
wanted to save         more than once with
products for further   an average order of
consideration.         $109.00.            http://bit.ly/autoecomm
TOP REASONS FOR
      ABANDONMENT
 50
                                Top reasons given for abandoning carts (in %)

 45

 40

 35

 30

 25

 20

 15

 10

  5

  0
      Shipping was too high   Not ready to buy    Price too high   Wanted to compare with other   Put in cart for later
                                                                             products
Questions & Comments on Twitter: #AutoEcomm                                                http://bit.ly/autoecomm
ACTIONABLE
     TAKEAWAYS

                  Calculate                      Discover your
             Cart Abandonment                 Customer Hesitations




              Optimize Shipping               Engage in Triggered
                   Rates                       Email Campaigns
Questions & Comments on Twitter: #AutoEcomm                  http://bit.ly/autoecomm
Use Intelligent Analytics to
  UNDERSTAND
  BUYING CYCLE




Questions & Comments on Twitter: #AutoEcomm   http://bit.ly/autoecomm
USE INTELLIGENT ANALYTICS TO
     UNDERSTAND BUYING CYCLE

       1          Analytics + Automation


       2                   Understanding Customer Timelines


       3          The Reverse Funnel Analysis


       4                  Conversion SEO
Questions & Comments on Twitter: #AutoEcomm     http://bit.ly/autoecomm
ANALYTICS +
     AUTOMATION
     Help You To Understand:


     Customer                        Assisting   Purchase
     Hesitation                      Content     Timeline
Questions & Comments on Twitter: #AutoEcomm       http://bit.ly/autoecomm
CUSTOMER
     TIMELINES



       Purchase                       Product    Customer
       Timeline                       Timeline   Timeline
Questions & Comments on Twitter: #AutoEcomm       http://bit.ly/autoecomm
REVERSE
     FUNNEL
     ANALYSIS

    Segment                        “Assists”    Focus on Top
   Buyers from                   That Lead to     Performing
    Browsers                      Purchase       Interactions
Questions & Comments on Twitter: #AutoEcomm        http://bit.ly/autoecomm
CONVERSION
     OPTIMIZATION


   Revenue                         Increase      Dominate
  Generating                       Quality of    Organic &
   Keywords                         Visitors    Paid Search
Questions & Comments on Twitter: #AutoEcomm       http://bit.ly/autoecomm
Intelligent Automation:
  HOW TO IMPROVE
  CONVERSION RATES




Questions & Comments on Twitter: #AutoEcomm   http://bit.ly/autoecomm
HOW TO USE INTELLIGENT AUTOMATION
     TO INCREASE CONVERSION RATES

       1           Real-Time Communication



        2                 Stages of Nurturing Campaign



        3                 Best Practices


http://bit.ly/autoecomm
REAL-TIME
COMMUNICATION
       90%
     of ecommerce leads go cold
     within just one hour.
STAGES OF
     NURTURING
     The 3 Step Sequence
    > 1 hour Email        24 Hour Email      72 Hour Email




   Customer Service       Sense of Urgency     Incentive


http://bit.ly/autoecomm
BEST PRACTICES

       Collect Contact Info          Immediate Messaging      Offer Customer Service




      Offer Incentives        Offer More Info      Track Clicks      Test, Test, Test
Questions & Comments on Twitter: #AutoEcomm                       http://bit.ly/autoecomm
Empower Superstar Customers:
  USING TARGETED
  COMMUNICATIONS
  TO FUEL BRAND
  ADVOCACY



http://bit.ly/autoecomm
USING TARGETED COMMUNICATIONS TO
     REWARD BRAND ADVOCATES


       1           Social Sharing as a Driver of Sales



        2           Alerts and Multi-Channel
                    Analytics


        3                 Targeted Communications

http://bit.ly/autoecomm
SOCIAL SHARING
     DRIVES SALES

                       +                      =
Questions & Comments on Twitter: #AutoEcomm       http://bit.ly/autoecomm
ALERTS &
MULTICHANNEL
ANALYTICS
          1. Respond to Positive
             Mention on Twitter
          2. Empower Individual that
             Promoted your brand
          3. Keep a list of advocates
          4. Reward with special offers
             in future to fuel advocacy



                 http://bit.ly/autoecomm
TARGETED
     COMMUNICATIONS



http://bit.ly/autoecomm
WRAP UP AND REVIEW


        1           Shopping Cart Fetch Back Emails

        2                 Understand Buying Cycles with
                          Intelligent Analytics
        3           Improve Conversion Rates with
                    Intelligent Automation

        4                 Reward + Fuel Brand Advocates

http://bit.ly/autoecomm
QUESTION
&
ANSWER
  @inboundcommerce


  @meghkeaney


  @mallikarjunan       http://bit.ly/autoecomm
                   Questions & Comments on Twitter: #AutoEcomm
THANK
 YOU.
HUBSPOT CAN HELP!


11    GENERATE MORE QUALIFIED TRAFFIC




     2
     2    TURN TRAFFIC INTO   CUSTOMERS



  3     ANALYZE SALES AND MARKETING
FREE
 ECOMMERCE
  SOFTWARE
DEMONSTRATION
hubspot.com/ecomm

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Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

  • 1. Ecommerce Marketing Automation: How to Use Automation and Analytics to Predict Consumer Behavior and Increase Click to watch eCommerce Sales OnDemand Video! http://bit.ly/autoecomm
  • 2. I’m Mike Ewing. Nice to meet you. @inboundcommerce
  • 3. I’m Meghan Anderson. Nice to meet you. @meghkeaney
  • 4. I’m Sam Mallikarjunan. Nice to meet you. @mallikarjunan
  • 5. Tweet Questions & Comments! #AutoEcomm http://bit.ly/autoecomm
  • 7. Shopping Cart Fetchback: UNDERSTANDING CUSTOMER HESITATIONS Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 8. UNDERSTANDING CUSTOMER HESISTATIONS 1 What Is a Fetchback? 2 Surprising Statistics 3 Top Reasons For Abandonment 4 Actionable Takeaways Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 9. SHOPPING CART FETCH BACK? “ Shopping Cart Fetch Back is a timely email sent to a prospect that has abandoned shopping ” cart. http://bit.ly/autoecomm
  • 10. SURPRISING STATISTICS 88% 65% of online shoppers of all online shoppers have abandoned their wait a day or more to shopping cart at one complete a purchase. point or another. 21% of shoppers who 45% didn’t complete the of consumers checkout, said they abandoned carts wanted to save more than once with products for further an average order of consideration. $109.00. http://bit.ly/autoecomm
  • 11. TOP REASONS FOR ABANDONMENT 50 Top reasons given for abandoning carts (in %) 45 40 35 30 25 20 15 10 5 0 Shipping was too high Not ready to buy Price too high Wanted to compare with other Put in cart for later products Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 12. ACTIONABLE TAKEAWAYS Calculate Discover your Cart Abandonment Customer Hesitations Optimize Shipping Engage in Triggered Rates Email Campaigns Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 13. Use Intelligent Analytics to UNDERSTAND BUYING CYCLE Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 14. USE INTELLIGENT ANALYTICS TO UNDERSTAND BUYING CYCLE 1 Analytics + Automation 2 Understanding Customer Timelines 3 The Reverse Funnel Analysis 4 Conversion SEO Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 15. ANALYTICS + AUTOMATION Help You To Understand: Customer Assisting Purchase Hesitation Content Timeline Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 16. CUSTOMER TIMELINES Purchase Product Customer Timeline Timeline Timeline Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 17. REVERSE FUNNEL ANALYSIS Segment “Assists” Focus on Top Buyers from That Lead to Performing Browsers Purchase Interactions Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 18. CONVERSION OPTIMIZATION Revenue Increase Dominate Generating Quality of Organic & Keywords Visitors Paid Search Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 19. Intelligent Automation: HOW TO IMPROVE CONVERSION RATES Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 20. HOW TO USE INTELLIGENT AUTOMATION TO INCREASE CONVERSION RATES 1 Real-Time Communication 2 Stages of Nurturing Campaign 3 Best Practices http://bit.ly/autoecomm
  • 21. REAL-TIME COMMUNICATION 90% of ecommerce leads go cold within just one hour.
  • 22. STAGES OF NURTURING The 3 Step Sequence > 1 hour Email 24 Hour Email 72 Hour Email Customer Service Sense of Urgency Incentive http://bit.ly/autoecomm
  • 23. BEST PRACTICES Collect Contact Info Immediate Messaging Offer Customer Service Offer Incentives Offer More Info Track Clicks Test, Test, Test Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 24. Empower Superstar Customers: USING TARGETED COMMUNICATIONS TO FUEL BRAND ADVOCACY http://bit.ly/autoecomm
  • 25. USING TARGETED COMMUNICATIONS TO REWARD BRAND ADVOCATES 1 Social Sharing as a Driver of Sales 2 Alerts and Multi-Channel Analytics 3 Targeted Communications http://bit.ly/autoecomm
  • 26. SOCIAL SHARING DRIVES SALES + = Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm
  • 27. ALERTS & MULTICHANNEL ANALYTICS 1. Respond to Positive Mention on Twitter 2. Empower Individual that Promoted your brand 3. Keep a list of advocates 4. Reward with special offers in future to fuel advocacy   http://bit.ly/autoecomm
  • 28. TARGETED COMMUNICATIONS http://bit.ly/autoecomm
  • 29. WRAP UP AND REVIEW 1 Shopping Cart Fetch Back Emails 2 Understand Buying Cycles with Intelligent Analytics 3 Improve Conversion Rates with Intelligent Automation 4 Reward + Fuel Brand Advocates http://bit.ly/autoecomm
  • 30. QUESTION & ANSWER @inboundcommerce @meghkeaney @mallikarjunan http://bit.ly/autoecomm Questions & Comments on Twitter: #AutoEcomm
  • 32. HUBSPOT CAN HELP! 11 GENERATE MORE QUALIFIED TRAFFIC 2 2 TURN TRAFFIC INTO CUSTOMERS 3 ANALYZE SALES AND MARKETING
  • 33. FREE ECOMMERCE SOFTWARE DEMONSTRATION hubspot.com/ecomm