Email Expo Email Marketing Presentation Frankfurt

Post on 06-May-2015

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Email marketing presentation delivered at Email Expo in Frankfurt. Presented to a small audience of email marketing interested brands and email marketing experts from attending exhibitors. Videos are found at www.marketingtelly.com

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Slide 1 of 148– 44 minutes remaining

Email marketing inspiration: Nail these components for better results

Michael Leander

@michaelleanderwww.michaelleander.memichael@michaelleander.me

The purpose of email marketing is to acquire,

convert, sustain and grow customers whom then in

turn will attract other customers’ through

referrals

From wasted to wanted

Messaging

Customer intelligence

MassCommunication

Demographicdata

Customerhistory

Contact data

PersonalizedCommunication

SegmentedCommunication

TransactionalCommunication

Customertransaction

Intention/behaviour

Data sourceIntegrated Web analytics

Behavioral /web sales

Mailing list/database

CRM systemEnhanced profiling

Customervalue

Potential benefit =Tailored promotions (sales)

Loyalty

Information

Relevantoffers

BehavioralCommunication

Potential benefit =Up-sales/ promotions

Triggers based on behavior

Trigger on transaction

Newsletters, surveys & one-size-fits-all

promotions

Lifecycle emails

Targeted email campaigns/ offers

97% here

TTTThings Take Time

often 3-5 times longer than expected

Drive towards your objectives first ,deadlines second !

See video about being objective driven http://www.youtube.com/watch?v=4mxvy_usWz8

If 95% of your effort is here,

you are wrong !

Unsilo your email marketing activities

Silos

Make

You Suck

Your target prospect is exposed to

6000 advertising messages every

single day

Buyers are becoming more and more cautious

Trust is critical

How do you establish trust?Why should I trust your intentions?

Short attention span, loads of intrusion- how do you cut through the clutter?

Brain filter

Do I know you?Do I need you?

Can I trust you?

MIN

DBO

X

Stop focusing on the inbox,start focusing on the Mind Box

Unique passionateemotionalauthenticfocused

interactivemeaningful…

How to get into the Mind Box?

Significant changes in buying behavior

OTS* high to get a reaction

No sex on the first

date

*OTS = Opportunity to see

Referral & recommendation

Latency increase

incubationtime

Get more inspiration http://www.zeromomentoftruth.com

How much of a dialogue is needed

to persuade your prospects?

Why?

THE COLOSSAL OTS CHALLENGE

Attention Action

Message Message Message Message Message Action

Increase Opportunity To See by multiple of 3, 5, 10

Pre launch phase Hard selling phaseNurture & convince phase

The “it’s all over” phase

Increase OTS for better results – works almost all the time

• Remember: people take longer time to make a decision• Higher frequency will not hurt you as long as you are well

established in the Mind-Box• In email marketing, be sure to differentiate messages based on

open, clicked, no action

See case study – integrated campaign

See the campaign case study here

Quick email marketing IQ

questions

Which reads the most words pr minute – the eye or the ear?

2.500 words per minute 125 words per minute

The eye reads 20 times faster than the ear @michaelleander

We are in the picture

economy

Let’s show the world what real email marketers look like !

• Take a picture of the person sitting next to you

• Your business card or email address gets you the case studies

• Pass the camera around quickly – we only have 35 minutes

• Don’t want your pic on Facebook – cover your face

Trondheim, Norway

Sydney, Australia

The biggest shift you and other email marketers are facing right now

Touch changes everything

Think about how your audience interacts depending on which device they are on

Touch requires new conversion flows for marketers everywhere

In email marketing, what is most important?

Sender name Subject line

Which is often more effective - short copy or long copy ?Copy copy copy copy copy copy copy copy copy copy

Copy copy copy copy copy copy copy copy copy copy Copy copy copy copy copy copy copy copy copy copyCopy copy copy copy copy copy copy copy copy copyCopy copy copy copy copy copy copy copy copy copyCopy copy copy copy copy copy copy copy copy copy

A. Get two brand new articles about branding

B. News in a flash – articles about branding

A -> 32%B -> 42%

Which subject line generated the highest open rate? (A/B Split test)

Which generated the bestCTR (Click Through Rate) ?

A ? B ? C ?

A B C26,22% 5,00% 10,32%

2 links – one soft and one hard call to action

Why is the balance betweensoft- and hard promotion important to your email

marketing?

Divorce your silly preconceived ideas and start testing

Some important areas to test now

• Behavior desktop vs. mobility• Timing desktop vs. mobility• Frequency

Which of these contribute most to the success of an email marketing campaign OR newsletter?

1. The message / the offer2. The target audience3. The creative

Allocation of focus in any direct marketing activity – here specific to email marketing

Message/offer

Target group

CreativeDeliverabilit

y

100%45%

5%

40%

10%

This movie can be found on MarketingTelly

Big Data or Small Data?

If you can’t handle small data – you can forget about big data !

Build your profiles and improve targeting,timing and conversion to last step

36

Data input from

customerBehavioral Transactions

(on/offline)

70-100% accurate 50-100% reliable 90-99% trustworthy

Basic profile

Expanded profile

+ Add behavioral

+ Add transactional

37

Stimulate to get

more info

What are the contents of your

basic profile?

Your idealprofile

Use progressive

profiling

Use lead scoring

Customerpotential

Customerquality

high

low

low high

One time customers with low potential

Average customers

Good customers Very good customers

15 %

15 %

60 %

10 %

Focus on most valuable segments orMost Likely to Buy and measure yoursuccess based on their behavior

Ask these questions• Whom are ”most likely to buy?” (Use RFM with behavioral)• Whom are ”most likely to defect/churn”?

Bang & Olufsenincreased shareof wallet by focusing on ”MostLikely to Buy More”

Grundfos smart profiling (global pump manufacturer)

39

Working areas:

Heating system

s

Water supply (Ground waster, pressure boosting)

Waste water

(Disposal solutions)

Cooling systems

Fire protection (Sprinkler systems)

Frequently 77% 14% 18% 18% 3%

Occasionally

16% 74% 62% 53% 43%

Never 7% 12% 20% 29% 54%

Info. wants:

Energy saving pumps

Time saving pump

selection tools

Product news

Technical product

info.

GFOS seminar

info.

Case stories

Very interested

84% 76% 70% 64% 42% 24%

Quite interested

14% 21% 29% 33% 49% 60%

Not interested

2% 3% 1% 4% 9% 17%

Highly effective method to append relevant information to each profile

Which car best suits your needs?

Once user clicks, the preference is stored in the database. Respondent is taken to a page with more information about the

preferred BMW

40

Pretending gets you in trouble. Know thy recipients or else…

Think about top, mid and end of funneland focus ferociously on the end goal, short and longterm

42

Bottom of funnel is where the action takes place –

engagement need to drive your audience towardsthe bottom of the funnel

Don’t count the customers you reach – Reach those who count

#emexpo @michaelleander

Thin

Which real problem are you solving?

Your Content Concept

Email value proposition

Acquisition activities

Engage audience

Measure & react

First 30 days

Sign-uptactics

Automate

Email MarketingRoadmap

Think like a publisher!

Then ....

Translate your content concept into your Email Value Proposition

Your email value proposition

• Describes– What you deliver– Why your offering is valuable– What the benefits are

• Is used for– Sign-up pages– Any acquisition activity

Summary of the content concept = ESP

(Email Value Proposition)

Bullet list of benefits

gets attention

Showing or linking to a sample works well

In Summary: Own the Experience> Anticipatecustomer needs> Provide timelyservice > Differentiate communication> Personalize communication > Understand preferences

Find the missing movie here on MarketingTelly

Michael Leander is an internationalmarketing speaker. He has spoken in Germanyand more than 40 other countries

Find him herehttp://www.twitter.com/michaelleander Speaking: http://www.michaelleander.me Consulting: http://www.michaelleander.com

Questions, comments: send an email to michael@michaelleander.me

Best practices for personalization

Approach Data prerequisite Barriers

Intent Track, add to profile & store behavior that would indicate buying intent

Difficult to trackNot 100% accurate indication

Past behavior Track clicks & events No integration

RFM Et al Infrastructure is not actionable

Capture profile data you intend to use in communication