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How to Upgrade Your Email Marketing
to Marketing Automation
Mark Patron 25th February 2014
2
Agenda
• What is marketing automation?
• Marketing automation applications
• Case studies
3
Evolution of digital marketing
Database
Marketing
Target best
customers
RFM data
Direct mail
CRM
Direct mail
targeting
Lifestyle data
Phone
Digital
Marketing
Multichannel
campaign
management
Transactional
data
Search
Email
ROI
1980’s 1990’s 2000’s 2010’s
Marketing
Automation
Personalisation
Event triggered
Behavioural
Data
Mobile
Social
4
Why B2C marketing automation is growing
As number of campaigns overtake available marketing dept. resources marketing
automation and campaign management become necessary.
5
Evolution of email marketing
Starting Out Optimisation Marketing Automation
Win by Volume Content Data
Key Metrics List Size
Send Volume
Opens
Clicks
Conversions
Engaged Subscribers
Churn
Key
Activities
Build list
Send frequently
Content
Subject Lines
Contact Strategy
RFM Analysis
Market Basket Analysis
ESP
selection
Cost Deliverability
Reporting
Integration
Segmentation
Automation
Segmentation None Basic
Email - based
Advanced
Purchase history
Web history
Automation None Subscriber Welcome
Series
Abandon Cart
Post Purchase Welcome
Win Back Campaigns
Cross Merchandising
Reviews
Source: Nathan Decker Evo.com at eTail West
6
What do we mean by marketing automation?
• Email marketing
• Web analytics
• Multi-channel
• CRM integration
• Landing pages
• Campaign management
• Reporting
= Marketing automation
7
Database is central to marketing automation
Website Behaviour
Email Engagement
Database
INPUTS OUTPUTS
Email
Mobile
Social
Call Centre
Single customer view
enables relevant
marketing
communications
8
Database in more detail
Marketing Automation
Database
1 - 500m site visits per month
50 - 500 variables to choose from
Database updated hourly
Example variables
Transactional: sales, registrations, accessories
Demographic: gender, DOB, family
Email Engagement: sent, bounce, open, click
Behavioural: products viewed,
preferred categories, reviews, linked products,
preferences, insurance
Campaign: search phrase, source site
INPUTS OUTPUTS
Website
behaviour
Email activity
DM activity
Call centre
Transactional
Offline database
Campaign data
Social media
Surveys
Email
Mobile
Social
Call
centre
9
Agenda
• What is marketing automation?
• Marketing automation applications
• Case studies
10
Marketing automation applications
• Customer segmentation
• Sales funnel management
• Control email frequency
• Triggered email
• Customer lifecycle email
• Campaign management
• Multi-channel marketing
11
Sales funnel lead management
Lead scoring in B2B marketing
Measuring customer engagement in B2C…
12
Email engagement and frequency
13
Triggered behavioural email gives best results
Future email
Traditional email
14
Customer lifecycle behavioural email
15
Campaign management
16
More accurate data = better targeting
Email marketing:
• Jane Taylor opened the email
and clicked on link 214/A.
Marketing automation:
• Jane Taylor opened the email and
clicked on link 214/A.
• She first went to the website 4 months
ago and 5 visits later registered.
• She has visited 3 pages on product
XYZ and 2 pages on product ABC.
• 2 of those visits have been as a result
of the search term “low cost XYZ” and 2
visits as a result of “best quality ABC”
17
Email testing - usage & effectiveness
Email marketers test the
easy things, marketing
automation makes it
easier to test the more
effective things such as
better targeting
18
How to implement cost effectively
• Think big, start small and move fast
• To de-risk B2C marketing automation implementation use a phased
approach, for example:
1. Start with two or three email triggers to prove ROI. For example
basket and browser abandonment. Cost £2k to £3k/month
2. Once the first trigger emails have proven their value the next phase
is to add more triggered emails
3. Consolidate your email marketing on one marketing automation
platform
4. Start to combine other channels such as SMS and call centre
5. Personalise website content so it is more relevant to the consumer
19
Agenda
• What is marketing automation?
• Marketing automation applications
• Case studies
20
Monarch
Monarch incorporated dynamic
content triggered by online search
into a behavioural email campaign.
• 56.53% open rate
• 34.37% CTR
• 6% conversion
• 17,257% ROI
21
Cosmos
1. Abandon search
2. Abandon search follow up
3. Abandon booking
4. Ancillary (holiday extras)
5. Concierge
6. Welcome home
7. Anniversary
Using RedEye’s integrated database Cosmos was able target their
customers based on different types of online behaviour:
Despite behavioural emails only accounting for 4% of email volume,
50% email revenue now comes from these campaigns
22
Sainsbury’s Bank
Using data collected through the offline purchase by customers using a
nectar card, Sainsbury’s Bank was able to target opted-in users with a
relevant insurance product via email marketing.
• 43.2% open rate
• 11.6% click through rate
• 6% conversion rate
Summary
• The future of digital and email marketing is relevant
communications:
• Right offer, right person, right time, right channel
• Relevance is achieved through:
• Personalisation, segmentation and targeting
• Behavioural data
• The enabling technologies are:
• Marketing automation
• A good database
REDEYE
24
THANK YOU
26 Grosvenor Gardens
Victoria
London
SW1W 0GT
020 7730 9958
www.redeye.com
Visit us at Stand D9
Complete our quick survey on marketing
automation to be in with a chance of winning
£500 of Red Letter Day gift vouchers

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Tfma.25.2.14.final

  • 1. How to Upgrade Your Email Marketing to Marketing Automation Mark Patron 25th February 2014
  • 2. 2 Agenda • What is marketing automation? • Marketing automation applications • Case studies
  • 3. 3 Evolution of digital marketing Database Marketing Target best customers RFM data Direct mail CRM Direct mail targeting Lifestyle data Phone Digital Marketing Multichannel campaign management Transactional data Search Email ROI 1980’s 1990’s 2000’s 2010’s Marketing Automation Personalisation Event triggered Behavioural Data Mobile Social
  • 4. 4 Why B2C marketing automation is growing As number of campaigns overtake available marketing dept. resources marketing automation and campaign management become necessary.
  • 5. 5 Evolution of email marketing Starting Out Optimisation Marketing Automation Win by Volume Content Data Key Metrics List Size Send Volume Opens Clicks Conversions Engaged Subscribers Churn Key Activities Build list Send frequently Content Subject Lines Contact Strategy RFM Analysis Market Basket Analysis ESP selection Cost Deliverability Reporting Integration Segmentation Automation Segmentation None Basic Email - based Advanced Purchase history Web history Automation None Subscriber Welcome Series Abandon Cart Post Purchase Welcome Win Back Campaigns Cross Merchandising Reviews Source: Nathan Decker Evo.com at eTail West
  • 6. 6 What do we mean by marketing automation? • Email marketing • Web analytics • Multi-channel • CRM integration • Landing pages • Campaign management • Reporting = Marketing automation
  • 7. 7 Database is central to marketing automation Website Behaviour Email Engagement Database INPUTS OUTPUTS Email Mobile Social Call Centre Single customer view enables relevant marketing communications
  • 8. 8 Database in more detail Marketing Automation Database 1 - 500m site visits per month 50 - 500 variables to choose from Database updated hourly Example variables Transactional: sales, registrations, accessories Demographic: gender, DOB, family Email Engagement: sent, bounce, open, click Behavioural: products viewed, preferred categories, reviews, linked products, preferences, insurance Campaign: search phrase, source site INPUTS OUTPUTS Website behaviour Email activity DM activity Call centre Transactional Offline database Campaign data Social media Surveys Email Mobile Social Call centre
  • 9. 9 Agenda • What is marketing automation? • Marketing automation applications • Case studies
  • 10. 10 Marketing automation applications • Customer segmentation • Sales funnel management • Control email frequency • Triggered email • Customer lifecycle email • Campaign management • Multi-channel marketing
  • 11. 11 Sales funnel lead management Lead scoring in B2B marketing Measuring customer engagement in B2C…
  • 13. 13 Triggered behavioural email gives best results Future email Traditional email
  • 16. 16 More accurate data = better targeting Email marketing: • Jane Taylor opened the email and clicked on link 214/A. Marketing automation: • Jane Taylor opened the email and clicked on link 214/A. • She first went to the website 4 months ago and 5 visits later registered. • She has visited 3 pages on product XYZ and 2 pages on product ABC. • 2 of those visits have been as a result of the search term “low cost XYZ” and 2 visits as a result of “best quality ABC”
  • 17. 17 Email testing - usage & effectiveness Email marketers test the easy things, marketing automation makes it easier to test the more effective things such as better targeting
  • 18. 18 How to implement cost effectively • Think big, start small and move fast • To de-risk B2C marketing automation implementation use a phased approach, for example: 1. Start with two or three email triggers to prove ROI. For example basket and browser abandonment. Cost £2k to £3k/month 2. Once the first trigger emails have proven their value the next phase is to add more triggered emails 3. Consolidate your email marketing on one marketing automation platform 4. Start to combine other channels such as SMS and call centre 5. Personalise website content so it is more relevant to the consumer
  • 19. 19 Agenda • What is marketing automation? • Marketing automation applications • Case studies
  • 20. 20 Monarch Monarch incorporated dynamic content triggered by online search into a behavioural email campaign. • 56.53% open rate • 34.37% CTR • 6% conversion • 17,257% ROI
  • 21. 21 Cosmos 1. Abandon search 2. Abandon search follow up 3. Abandon booking 4. Ancillary (holiday extras) 5. Concierge 6. Welcome home 7. Anniversary Using RedEye’s integrated database Cosmos was able target their customers based on different types of online behaviour: Despite behavioural emails only accounting for 4% of email volume, 50% email revenue now comes from these campaigns
  • 22. 22 Sainsbury’s Bank Using data collected through the offline purchase by customers using a nectar card, Sainsbury’s Bank was able to target opted-in users with a relevant insurance product via email marketing. • 43.2% open rate • 11.6% click through rate • 6% conversion rate
  • 23. Summary • The future of digital and email marketing is relevant communications: • Right offer, right person, right time, right channel • Relevance is achieved through: • Personalisation, segmentation and targeting • Behavioural data • The enabling technologies are: • Marketing automation • A good database
  • 24. REDEYE 24 THANK YOU 26 Grosvenor Gardens Victoria London SW1W 0GT 020 7730 9958 www.redeye.com Visit us at Stand D9 Complete our quick survey on marketing automation to be in with a chance of winning £500 of Red Letter Day gift vouchers

Editor's Notes

  • #21: Monarch wanted to find a way to produce a timely and relevant email campaign that would generate bookings. The company wanted to avoid bombarding customers/users with random special offers as they knew, if these emails were unwelcome they would damage both email reputation and brand reputation. The challenge was finding a way to extract users Monarch was sure were in the buying window. Using RedEye’s single customer view database, Monarch was able to capture data on what destinations users searched for on their website. On Monarch’s website users can search via flights, holiday or hotel. This information is stored in RedEye’s database and segmented by the exact destination searched. In total 18 airport destinations were stored (collected from flight searches) and 23 holiday destinations were stored (collected from hotel and holiday searches). For each of the chosen destinations 3 templates were devised each incorporating dynamic content specifically relevant to the destination the user had searched. All emails were automated. Template one (example 1) was sent the morning after a search was made. This email thanked the user for searching for their chosen destination on Monarch and encouraged them to continue to make a booking. Dynamic content used in this email included destination name (e.g. Thank you for searching for fares to Alicante), an image of the searched destination and a clear call to action regarding great deals to the chosen destination. If the user did not complete a booking after receiving this email a second email (example 2) was sent 3 days later providing further information on the benefits of booking with Monarch. As before, dynamic content used in the email included destination name in the opening line, an image of the destination, and the latest deals to the chosen destination. For any user who still did not book a third email was devised (example 3 ) sent 7 days after the search. As well as the dynamic content mentioned in the above emails, this email also incorporated further dynamic content, providing the user with alternative suggestions to other nearby destinations to what they originally searched (an extremely targeted, relevant and effective cross-sell). In all templates, landing URL’s were also dynamic, ensuring when users clicked through from the email they arrived on a page enabling them to easily make a booking to their chosen destination. The campaign proved to be extremely effective. The average open rate for the campaign was 56.53%, reaching over 70% on several occasions. The average CTR was 34.37%, reaching 44.62%. In two months the campaign achieved a click to sale conversion of over 6%, generating over 6000 bookings (nearly 100 bookings a day). The ROI for the campaign reached a tremendous 17,257%. Account Manager: Danni Hunt
  • #22: Monarch wanted to find a way to produce a timely and relevant email campaign that would generate bookings. The company wanted to avoid bombarding customers/users with random special offers as they knew, if these emails were unwelcome they would damage both email reputation and brand reputation. The challenge was finding a way to extract users Monarch was sure were in the buying window. Using RedEye’s single customer view database, Monarch was able to capture data on what destinations users searched for on their website. On Monarch’s website users can search via flights, holiday or hotel. This information is stored in RedEye’s database and segmented by the exact destination searched. In total 18 airport destinations were stored (collected from flight searches) and 23 holiday destinations were stored (collected from hotel and holiday searches). For each of the chosen destinations 3 templates were devised each incorporating dynamic content specifically relevant to the destination the user had searched. All emails were automated. Template one (example 1) was sent the morning after a search was made. This email thanked the user for searching for their chosen destination on Monarch and encouraged them to continue to make a booking. Dynamic content used in this email included destination name (e.g. Thank you for searching for fares to Alicante), an image of the searched destination and a clear call to action regarding great deals to the chosen destination. If the user did not complete a booking after receiving this email a second email (example 2) was sent 3 days later providing further information on the benefits of booking with Monarch. As before, dynamic content used in the email included destination name in the opening line, an image of the destination, and the latest deals to the chosen destination. For any user who still did not book a third email was devised (example 3 ) sent 7 days after the search. As well as the dynamic content mentioned in the above emails, this email also incorporated further dynamic content, providing the user with alternative suggestions to other nearby destinations to what they originally searched (an extremely targeted, relevant and effective cross-sell). In all templates, landing URL’s were also dynamic, ensuring when users clicked through from the email they arrived on a page enabling them to easily make a booking to their chosen destination. The campaign proved to be extremely effective. The average open rate for the campaign was 56.53%, reaching over 70% on several occasions. The average CTR was 34.37%, reaching 44.62%. In two months the campaign achieved a click to sale conversion of over 6%, generating over 6000 bookings (nearly 100 bookings a day). The ROI for the campaign reached a tremendous 17,257%. Account Manager: Danni Hunt
  • #23: Using RedEye’s fully integrated marketing automation platform, Sainsbury’s Bank used offline data to trigger multiple automated email campaigns. Using data collected through the offline purchase by customers using a Nectar card, Sainsbury’s Bank targeted opted-in users with a relevant insurance product via email marketing. For example, if a customer purchased pet food with their Nectar card an email would be sent to the customer promoting Sainbury’s pet insurance products. Average open rate 43.2%, average click through rate 11.6%, average conversion rate 6%. The success of the integrated campaign has led to Sainsbury’s Bank investing further in the strategy. Starting in February 2014, Sainsbury’s Bank will be increasing the number of trigger events and exploring new channels