Every marketer knows there are certain selling seasons that cannot be ignored -- Halloween, Black Friday, Cyber Monday, Christmas, Hanukah, Valentine's Day. However, they may not be aware that today's digital marketing should go beyond a one-size-fits-all approach, regardless of consumers' natural inclination to shop more at certain times of year. Marketers need to start going above and beyond offering deep discounts or clinging to catchy marketing messages.
With consumers spending more time and money online, marketers must prepare their digital marketing strategy to proactively target today's savvy shopper -- or risk losing prime revenue to the competition. This year, Channel Advisor's 2010 Consumer Shopping Habits survey found that more than 58 percent of consumers are very likely to purchase gifts online, as opposed to the 41 percent who choose to shop at brick-and-mortar stores.
According to comScore, consumers spent $29.1 billion online alone during the 2009 holiday shopping season, and eMarketer predicts that e-commerce spending will reach $51.4 billion by the fourth quarter of 2010. With numbers like these, the online opportunity -- both during holidays and off-season -- has nowhere to go but up. That said, driving online retail traffic is only the beginning: Marketers must step up their game and begin to truly engage customers by personalizing and tailoring the seasonal shopping experience.
What works
Improving web traffic via analytics and SEO methods has been digital marketers' focus for so long that most have pretty much mastered it. And while landing page optimization strategies are often given careful attention, content and design decisions are typically based on subjectivity. It's time to stop guessing and concentrate on what happens after visitors arrive. By neglecting the real tactics that convert browsers into buyers, marketers continue to miss out on tremendous revenue growth.
As consumers evolve, marketers attempt to improve website complexity and messaging -keeping it fresh and up-to-date. But sites that do not employ methods to truly remain dynamic are not equipped to optimally perform during seasonal holiday spending surges. Changing your content and adding new product offers isn't enough to drive double-digit revenue growth...
You'll need to go a few steps further:
1. Cater to your customers' mood. Create a seasonal site design to demonstrate your brand's holiday spirit. Display items most likely to sell during a particular season on your most popular website pages.
2.Target and recommend. Prominently display product offers, discounts and promotions targeted to match customers' needs. Make sure everything they may want to buy is easily located in a single virtual aisle.
3.Make it easy to buy. Thoroughly A/B test and improve important forms. If the registration, login, or checkout processes are too cumbersome, shoppers will simply give up at the point-of-purchase.
4.Use live multivariate testing and iterative tweaking to drive higher conversion rates. Subtle changes such as font size, color, and copy can have a huge impact on revenues. Test different variations to see what yields the best results based on your live visitors' interactions.
5.Monitor and learn from customer behavior. A one-size-fits-all website doesn't deliver the best brand experience. Improve behavioral targeting to deliver a better online experience by offering page layouts, product recommendations, sequences, content, and offers that have been dynamically selected based on users' demonstrated preferences.
6.Make navigation effortless. Shoppers won't fill their shopping carts or click anywhere near the checkout line if they are bounced around a poorly designed website. Go back to the basics: Make it easy for customers to find their way around by including a search facility; make the checkout page prominent; and avoid zeroing out filled-in forms every time they change pages.
7.Make it personal. Go beyond the standard "people who bought this, also bought this" suggestions by using website personalization. Product suggestions and wish list options that are relevant based on the individual shopper's site activity will vastly improve revenues.
Make every season a success
All the time and money spent on search, SEO, advertising, and landing page optimization will be wasted if true optimization strategies aren't put into place. Solutions such as multivariate testing, website personalization, and behavioral targeting make marketers' job easier every day -- they also automatically improve the digital experience with fluctuations and changes in seasonal spending and customers' shopping moods. Ensure every seasonal shopping experience with your website is a happy one, for each and every individual user, and never miss your revenue mark again.
Showing posts with label customer marketing. Show all posts
Showing posts with label customer marketing. Show all posts
Thursday, December 16, 2010
Thursday, May 14, 2009
Making A Brand Relevant In Social Media
There are two components to advertising in the broader sense. One is the content that you manufacture, and the second is the channel and method you use to distribute that content. My sense is that the issue here is one of distribution and manufacture. So from a manufacturing point of view, the messaging that sums up the message of brands and even creates them is in a state of very, very rapid evolution. It's in a state of evolution in a number of dimensions -- in terms of the duration of messages, the formats of messages, and everything that goes with that. The world is not doing badly in terms of involving that manufacture. So that's a good thing. And the good thing for the agency business and the creative community, if you like, is that there has never been a bigger demand for more granular messaging to go in different formats.
The purpose of brand communication -- pretty much above everything else -- is to create social relevance for brands. What social relevance means is having a substantial cohort of the population, or certainly a big enough cohort of the population that justifies the cost of whatever it is you were planning to do in the first place -- that knows what the brand is, like it, feel it's relevant, and that is suitably exposed to it. That's what social relevance is. You still need to do that. So the question is: Has the bar for social relevance gone up? Yes, it has, and so the way you do that is to create a platform of some description, and you build social relevance around that platform.
Where can digital fill in the holes that traditional often leaves behind or completely ignores?
Digital fills holes in a couple of ways. The first thing it does is it helps by replacing the reach that's lost by the somewhat diminished use of other channels. But what digital really does is break the relationship between cost and duration. One of the reasons why the structure of the market was positioned the way it was in the old world is because it was limited either by the number of pages the magazine publisher could use to print and distribute and carry around on trucks, or the amount of spectrum that was owned by a broadcaster, and so forth. So the industry was capped before. When you think about advertising, think about it in two ways. Part of it simply pushes visibility into the market, and another part is much more directional. And what that direction is doing is taking people from a fairly superficial form of contact into the opportunity to engage much more deeply with that content.
The purpose of brand communication -- pretty much above everything else -- is to create social relevance for brands. What social relevance means is having a substantial cohort of the population, or certainly a big enough cohort of the population that justifies the cost of whatever it is you were planning to do in the first place -- that knows what the brand is, like it, feel it's relevant, and that is suitably exposed to it. That's what social relevance is. You still need to do that. So the question is: Has the bar for social relevance gone up? Yes, it has, and so the way you do that is to create a platform of some description, and you build social relevance around that platform.
Where can digital fill in the holes that traditional often leaves behind or completely ignores?
Digital fills holes in a couple of ways. The first thing it does is it helps by replacing the reach that's lost by the somewhat diminished use of other channels. But what digital really does is break the relationship between cost and duration. One of the reasons why the structure of the market was positioned the way it was in the old world is because it was limited either by the number of pages the magazine publisher could use to print and distribute and carry around on trucks, or the amount of spectrum that was owned by a broadcaster, and so forth. So the industry was capped before. When you think about advertising, think about it in two ways. Part of it simply pushes visibility into the market, and another part is much more directional. And what that direction is doing is taking people from a fairly superficial form of contact into the opportunity to engage much more deeply with that content.
Saturday, January 12, 2008
Win Back Inactive Subscribers
A reactivation campaign can help you revitalize your list
How many email messages did you send out in your last campaign? Really? That many? Wow! Now, how many of your recipients actually opened or clicked on your email?Yeah, that's a different story. Remember that with email, size doesn't really matter. Performance is what counts, not just for your email program and its bottom line but also for your sender reputation.
A reactivation campaign is the answer here, and it's just as important as any acquisition campaign. It will help you clean out the dead wood, re-energize your list and reclaim some of the money you spent acquiring and engaging those addresses in the first place.
Why reactivation works: Your email service provider might be thrilled that you ship out millions of messages in each campaign, but you could actually hurt yourself and your sender reputation and spend money you don't have to when you send to people who never bother to open or act on your messages.
Sure, maybe they did sign up with you once upon a time. Since then, though, they abandoned those mailboxes, and you never noticed. The ISPs are noticing, and they'll treat your email accordingly.
Many use these long-dead email addresses as spam traps to monitor your list hygiene and measure your sender reputation. The dirtier your list, the more likely they'll route your email messages to the junk folder or block you.
Just by looking at your database, you can't tell which subscribers actually abandoned their mailboxes, who deletes your messages without opening them or who still is sort of interested in you but hasn't seen any reason to open.
A reactivation campaign will identify which addresses you can safely drop from your list without killing off live ones and re-establish connections with past customers. Think of it as going on a second honeymoon. Just like a tired marriage needs a spark to keep it going, your subscribers who take you for granted need a fresh, new reason to keep opening your messages.
You know you get the most action from your newest subscribers. Apply the tactics you use on them to rejuvenate the inactives on your list instead of spending more money to replace them.
Ready with the virtual flowers and candy?
First, identify your inactives. This takes a little database work. Create a separate mailing list, and add anyone who hasn't opened or clicked on a message in, say, six months or longer, to it. Send a message with a pleading subject line, such as "We miss you! Please come back!" Go ahead, grovel a little. Include a special offer or invitation to fill out a new profile or encourage them to unsubscribe once and for all.
Move any responding addresses back to your active list. Send the message again, this time saying you'll take them off your list if they don't respond in, say, a week. Then, scratch them from your list if they don't respond. It might kill you to do that, but a smaller, more vital list will do you more good than one where nobody's home anymore.
Keep everybody interested...
These tactics will keep your whole list engaged and energized:
1. Ask them what they want to get. It could be you have lots to offer, but your subscribers aren't getting what they really want. For example, if you're a book seller it may be that someone subscribed to your general list is really only interested in mysteries. Ask recipients to take control of what they want to get, and you may see renewed interest.
2. Make them an offer they can't refuse. Discounts, new products, samples and free shipping can work wonders for retailers. B2B marketers can renew interest with a special white paper or discount on a conference or webinar.
3. Incentivize! Ask users to update their profile, and give them a chance to win a big-screen TV. (iPods are, well, kind of over unless it's a really upscale one.) Be careful to keep the focus on the email, though. If the prize is too good, people will re-engage, only to click the spam button when your email actually arrives.
4. Threaten to break up. Tell subscribers if they don't click, you're going away. It's possible that your heavily texted message is in fact being read, but you can't know it because recipients don't enable the images. It's fair to say that if recipients don't let you know somehow that they're still there, still breathing, that you'll drop them from the list.
5. See what's on their minds. Simple surveys, sweetened with a little incentive (see No. 2), can help you find out what's going on. Maybe you're sending too often and they turn a deaf ear. Or, you're not coming around enough and they drift away.
6. Change your format. Are you sending long, chatty emails to people who read them on their phones and don't get down to your offer? Or, do you stuff all your content into a single large image that won't show up? Offer a text format to people who read email on alternative platforms and make it short and sweet.
The effort you spend now to wake up your list and re-engage with them will pay off in better deliverability and a higher ROI.
How many email messages did you send out in your last campaign? Really? That many? Wow! Now, how many of your recipients actually opened or clicked on your email?Yeah, that's a different story. Remember that with email, size doesn't really matter. Performance is what counts, not just for your email program and its bottom line but also for your sender reputation.
A reactivation campaign is the answer here, and it's just as important as any acquisition campaign. It will help you clean out the dead wood, re-energize your list and reclaim some of the money you spent acquiring and engaging those addresses in the first place.
Why reactivation works: Your email service provider might be thrilled that you ship out millions of messages in each campaign, but you could actually hurt yourself and your sender reputation and spend money you don't have to when you send to people who never bother to open or act on your messages.
Sure, maybe they did sign up with you once upon a time. Since then, though, they abandoned those mailboxes, and you never noticed. The ISPs are noticing, and they'll treat your email accordingly.
Many use these long-dead email addresses as spam traps to monitor your list hygiene and measure your sender reputation. The dirtier your list, the more likely they'll route your email messages to the junk folder or block you.
Just by looking at your database, you can't tell which subscribers actually abandoned their mailboxes, who deletes your messages without opening them or who still is sort of interested in you but hasn't seen any reason to open.
A reactivation campaign will identify which addresses you can safely drop from your list without killing off live ones and re-establish connections with past customers. Think of it as going on a second honeymoon. Just like a tired marriage needs a spark to keep it going, your subscribers who take you for granted need a fresh, new reason to keep opening your messages.
You know you get the most action from your newest subscribers. Apply the tactics you use on them to rejuvenate the inactives on your list instead of spending more money to replace them.
Ready with the virtual flowers and candy?
First, identify your inactives. This takes a little database work. Create a separate mailing list, and add anyone who hasn't opened or clicked on a message in, say, six months or longer, to it. Send a message with a pleading subject line, such as "We miss you! Please come back!" Go ahead, grovel a little. Include a special offer or invitation to fill out a new profile or encourage them to unsubscribe once and for all.
Move any responding addresses back to your active list. Send the message again, this time saying you'll take them off your list if they don't respond in, say, a week. Then, scratch them from your list if they don't respond. It might kill you to do that, but a smaller, more vital list will do you more good than one where nobody's home anymore.
Keep everybody interested...
These tactics will keep your whole list engaged and energized:
1. Ask them what they want to get. It could be you have lots to offer, but your subscribers aren't getting what they really want. For example, if you're a book seller it may be that someone subscribed to your general list is really only interested in mysteries. Ask recipients to take control of what they want to get, and you may see renewed interest.
2. Make them an offer they can't refuse. Discounts, new products, samples and free shipping can work wonders for retailers. B2B marketers can renew interest with a special white paper or discount on a conference or webinar.
3. Incentivize! Ask users to update their profile, and give them a chance to win a big-screen TV. (iPods are, well, kind of over unless it's a really upscale one.) Be careful to keep the focus on the email, though. If the prize is too good, people will re-engage, only to click the spam button when your email actually arrives.
4. Threaten to break up. Tell subscribers if they don't click, you're going away. It's possible that your heavily texted message is in fact being read, but you can't know it because recipients don't enable the images. It's fair to say that if recipients don't let you know somehow that they're still there, still breathing, that you'll drop them from the list.
5. See what's on their minds. Simple surveys, sweetened with a little incentive (see No. 2), can help you find out what's going on. Maybe you're sending too often and they turn a deaf ear. Or, you're not coming around enough and they drift away.
6. Change your format. Are you sending long, chatty emails to people who read them on their phones and don't get down to your offer? Or, do you stuff all your content into a single large image that won't show up? Offer a text format to people who read email on alternative platforms and make it short and sweet.
The effort you spend now to wake up your list and re-engage with them will pay off in better deliverability and a higher ROI.
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