SlideShare a Scribd company logo
1 of 45
Retail Email Marketing Strategies
that Drive Repeat Purchases &
Increase Revenue
@Silverpop
Big Idea Session
Shop.org – Oct 2, 2013
1
Today’sAgenda
2
Loren McDonald
VP, Industry Relations
Silverpop
lmcdonald@silverpop.com
@LorenMcDonald
Set Up
6 IdeasQ & A
3
My Guarantee:
At least 1 idea you can take back to
the office and turn it into increased
revenue.
Repeat/loyal customers begin with the first purchase…
First
Purchase
Repeat
Loyalty
/High LCV
4
…This works, but is not the answer …
SmartPak: Broadcast vs. Automated Emails
65%
35%
Revenue
84%
16%
Volume
Promotional
Automated
70 unique
transactional and
lifecycle emails/day,
10+ promotional
emails per month
28 automated
programs in place
Today’s
Keys
Behavior
Automation
Real-Time
Data/Content
Integrations
Delight/Add
Value
Idea #1:
Evolve “Welcome” to “Onboarding” Program
@LorenMcDonald
@Silverpop
Welcome Progression – But still generic …
Immediate
3-7 days
7-14 days
Immediate
Stand alone
Email # 1
Email # 2
Email # 3
3-part series
Retailer
Women Men Home
Email Sign-
Up
Welcome
Email 1
Shoe
Offer
Beauty
Browse
Generic
Content
Ooops
Email Sign-
Up
Onboarding
Email 1
Onboarding
Email 2
Onboarding
Email 3
Onboarding
Email 4
Or you try to convert them on “Home” items
Follow on
social
Includes current
Home products offer
w/ recommendation
Includes gender
based offers
Includes current
location-based
content
Using Web
Tracking – marry
browse behavior
to email address
Idea #2:
Move BeyondCart Abandonment to Browse
Remarketing
@LorenMcDonald
@Silverpop
Browse – Sniffing Around
Browse / Process Abandonment: Showing Interest
Sent
Delivered
Opened
Clicked
Product Views
Cart Additions
Checkouts
Orders
Revenue
Units
UncommonGoods - Browse Retargeting Program
A customer views one of him” category …
Their page view gets logged in Silverpop’s Web Tracking table …
Browse Retargeting Program
An automated program is keyed off of the Web Tracking table …
Browse
Retargeting
Email
2.2%
Conversion
rate
SmartPak Browse Program
• 37.6% Open Rate
• 7.35%CTR
• $0.44 Rev/Email – 4X broadcast
Idea #3.
Take your cart abandonment program up a notch
@LorenMcDonald
@Silverpop
21
Cart:
2.0
Real-time
Recommendations
/ Reviews
Series
Content/
“Human”
22
Real-time remarketing campaigns, where
the email was sent immediately following
the abandon, generated 105% more
revenue than the same email sent only 24
hours later.
Source: SeeWhy
SmartPak: Abandon Cart w/ Recommendations
• 38.5% open rate
• 10.15% CTR
• 50% conversion
rate
• $4.80
revenue/email
Dynamic product
recommendations
Cart Email A
Day 1
Cart Email B
Day 3
Cart Email C
Day 5 AVERAGE
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 – Impact of Using a Series of Emails
• Aaron -
Real person
• Service
tone
• 50%
conversion
rate
“Human”Cart
abandonment
Idea #4.
Reminders and Replenishment Programs
@LorenMcDonald
@SIlverpop
“Important
Dates” Reminder
Email
27
Your dates trigger an email…
28
21 days before occasion
Personalized with name
Occasion w/ date
Coupon code
10% Off
31% CTR
Highest revenue
generating email
Out of Stock = Sku Notify Emails …
Sku
Notify
Emails
23.9%
Conversion
Rate
Replenishment
Goal: Increase sales of repeat
purchases
Timing: Based on a
calculation of when product
will run out
Results:
- 29.4% Open Rate
- 3.76% CTR
- $0.42 Rev/Email
- 9.36% Conversion Rate
Idea #5.
Post-PurchaseTouches
@LorenMcDonald
@Silverpop
Order Confirmation, Shipped
2.4%
conversion rate
Purchase Cross-Sell
Goal: Increase sales by
marketing a relevant product
to customers
- Targeted customers based on
previous purchases
Results:
- 19.41% Open Rate
- 4.31% CTR
- $0.58 Rev/Email
- 12.5% Conversion Rate
Subject Line: “Stop Sore Feet in their
Tracks”
How-to video
Idea #6.
RewardYour Best Customers
@LorenMcDonald
@Silverpop
evo - Best Customers: R1F1M1
37
Recency
(Top Quartile)
Monetary
Value
(Top
Quartile)
Frequency
(Top
Quartile)
Surprise and Delight
Triggered 7 days after a frequent customer has spent a
grand total of $650 in their lifetime.
Best Customers: R1F1M1
Woohoo! Because we’re so thankful you chose to shop with us we’d like to offer you this code
good for $50 off your next purchase. It’s as good as it sounds – 50 free dollars good toward
ANY order over $50 on evo.com.
How it works: Enter your code in the “Enter Coupon Code” spot in the cart before checkout and
we’ll automatically deduct $50 from your order.
Here is your code: %%50 Dollar Code%%
We appreciate you shopping with us and hope to see you again soon!
With love, evo
Thanks!
What idea are you taking back to
the office?
A unified, behavioral-driven platform that lets marketers incorporate
every imaginable customer touch point, regardless of system or vendor,
into a single view that drives individualized, real-time content
through the most appropriate channel.
Selected Silverpop Retail/EcommerceClients
Silverpop
Retail
Partner
Ecosystem
Download the “Print MoneyToday”Whitepaper
http://www.silverpop.com/marketing-resources/white-papers/all/2013/emails-
marketers-should-automate/
Interested In Learning More?
silverpop.com
silverpop.com/marketing-resources
www.slideshare.net/silverpop
Twitter.com/silverpop
Facebook.com/silverpop

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Retail email marketing strategies increase revenue shop.org 2013 silverpop

Editor's Notes

  1. By increasing our automated volume as we increase “broadcast” volume and optimizing for more transactions, SmartPak has had a small lift in the percent of volume we send, but a tremendous lift in revenue attributed to automated emails.
  2. Over 3,000 shopping cart abandoned emails sent, per monthSegment versions between supplies versus SmartPaks cart abandonmentSent in AM to customers who abandon cart day prior
  3. Important Dates process created for MudPie by agency Whereoware.
  4. Leveraging multiple vendors, data, magic of api…
  5. Also available at silverpop.com/marketing-resources is more information about future webinars, recordings from previous webinars, You can also access slides from Silverpop presentations on social media and countless other topics at slideshare.net/silverpop. You can also find us on Twitter and Facebook.