Reviewing email marketing capabilties

Post on 21-Oct-2014

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I presented this review in May 2014 at the Messe Frankfurt Email marketing exhibition. It reviews 7 key areas of email marketing to improve detailed in our 7 Steps to Email marketing success guide.

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Integrated Email Marketing 2014

Improving your Email capabilities

Dr Dave Chaffey SmartInsights.com

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About Dave ChaffeyAbout Dave Chaffey

• Author of 5 bestselling marketing books now working on 6th editions

• Editor at SmartInsights.com a freemium marketing advice site with 60,000 Basic members and Expert members in over 50 countries

• Insights Director at search conversion agency ClickThrough MarketingFree Basic member download:

http://bit.ly/smarteremail

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Is your e-mail marketing efficient AND effective?

Effectiveness=Strategy: “Doing the right thing” Supporting business objectives

Leads, Sales, ROI

Relevance through content, targeting and timing

Efficiency=Tactics: “Doing the thing right” Maximising delivery Maximising opens/clicks Mobile platforms Legal compliance

4

ApplyingCapability Maturity Models (CMM)

for Software

Development

Source: SQAJI

5

Your email marketing journey?

Presented by Grant Baillie of Argos at 2008 Email marketing conference, with permission

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1. Initial 2. Managed 3. Defined 4. Quantitative

5. Optimising

A. Email capabilities and evaluation

Simple ESPResponse tracking

+ Regular report of opens/clicks

+ ‘Beyond the click’ tracking+ Segment tracking

+ Value reporting+ Hurdle rates and activity levels

+ Response data > CRM system/warehouse

B. List quality Not managed

List-building options increased

+ List quality improved

+ Reactivation and removal

+ Preference centres

C. Targeting(Relevance)

None: ‘Pray and Spray’

+ Demographics

+ Basic triggers

+ Full lifecycle sequences

+ Additional sequences added

D. Proposition and communicationsstrategy

Newsletter and Eblasts

+ Increased frequency

+ Content marketing integration

+ Social integration

+ Optimised frequency

E. Creative and templates

+ Simple headers

+ Multiple template

+ Dynamic content

+ video review+ mobile optimised

+ Advanced techniques

F. Delivery Not reviewed

+ Reported + Reported by ESP

+ Feedback loops and delivery service

+ Continuous monitoring

G. Optimisation None Experiments with different offers/subjects

Structured offer/subject testing

+ Layout reviews+ AB testing

+ Multivariate testing

Email marketing capabilities

7

Integrated Email Marketing 2014

A. EMAIL MARKETING EVALUATION

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How do you evaluate your email marketing?

1. Campaign open, click, delivery rate? 2. Value of leads and sales? 3. Long-term subscriber engagement?

1. ‘Hurdle rates’ of % active – response and purchase

2. RFM: “Recency, Frequency of response and purchase

3. At position in lifecycle

4. By segment

5. By offer / email type

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Measuring list activity – email engagement / disengagementThese “hurdle rates” are for whole list. Repeat: By segment By product categories purchased

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TIP: Measure the overall health of your list through activity / inactivity levels over

time

Measure Period Number of Subscribers % of list total

Never Open All time 48,000 16.0%

Last 6 Months 168,000 56.0%

Never Click All time 96,000 32.0%

Last 6 Months 144,000 48.0%

Never Bought All time 48,000 16.0%

Last 6 Months 192,000 64.0%

Never Bought Online All time 96,000 32.0%

Last 6 Months 216,000 72.0%

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Integrated Email Marketing 2014

B. LIST QUALITY

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List quality matters! Profile % affects

targeting Disclosed preferences Inferred ‘click

preferences’ – S&R example

% inactives affects deliverability

% list growth needs to be worked on…

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Email 1: 45% Open8.4% CTR

Email 2: 38% Open 3.5% CTR

Intent follow-up – click on Category

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An example of list growth

Source: Tim Watson

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Integrated Email Marketing 2014

C. TARGETING AND RELEVANCE

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Q. Which targeting factors give best response?

Unknown

Demographic profile data

Lifestyle &psychographics

Attitude &preferences

Behaviourq Past purchaseq Search term enteredq Offer clicked

Tar

getin

g va

riabl

e m

ost

pred

ictiv

e of

res

pons

e

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Tip – create a layered segmentation- an example from eBay

Source: Smart Insights

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Customer value-based targeting

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Example Birthday email+ Social Data

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Integrated Email Marketing 2014

D. COMMUNICATIONS STRATEGY

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Source: UK DMA Email Marketing Benchmark

Email frequency

Email segmentation

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Why send more emails?

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Starting with a welcome!

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How sophisticated is your Marketing Automation?

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easyJet get the Sell : Inform :

Entertain balance right with

“Inspire Me”

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28

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Apply the Content marketing matrix to your email marketing

Criteria? Rev/visit Demand+ lead gen Amplify Brand fit SEO Longevity Authority/Thought

Leadership Individual pain points? Repurposeability Risk/reward

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Which content gets shared?

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Location:

Published / Surveyed: Sample: Source:

Original source:

Worldwide February 2014 Collected from 290 million email opens

Litmus

% Mobile operating system adoption

Litmus blog

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Integrated Email Marketing 2014

E. CREATIVE AND TEMPLATES

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Location:

Published / Surveyed: Sample: Source:

Original source:

Worldwide February 2014 Collected from 290 million email opens

Litmus

% Email opens across desktop and mobile

Litmus blog

New

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Lovely Litmus Responsive B2B mail

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Integrated Email Marketing 2014

F. DELIVERY

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The impact of Gmail’s new Tabbed inbox?

Source: Return Path

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Integrated Email Marketing 2014

F. OPTIMIZATION

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Test version B

Send Volume: 10,000

Sample criteria: Random

Click through rate: 4.5%

Main Broadcast

Send Volume: 180,000

Click through rate: 5.8%

Source:

Test version A

Send Volume: 10,000

Sample criteria: Random

Click through rate: 6.1%

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MVT Email testing!Source: Philips presenting on PlantoEngage.com webinar

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Using event-triggered emails – Marketing Automation / Re-marketing example

1. Generic branded follow-up email : +10% conversion rate.

2. Personalised remarketing email with a promotional code for a 5% discount time limited to 72 hours: +100% conversion rate.

3. Personalised remarketing email with a promotional code for a 5% discount time limited to 48 hours: +200% conversion rate.

Source: Smart Insights: Email re-marketing

http://bit.ly/smarteremail

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1. Initial 2. Managed 3. Defined 4. Quantitative

5. Optimising

A. Email capabilities and evaluation

Simple ESPResponse tracking

+ Regular report of opens/clicks

+ ‘Beyond the click’ tracking+ Segment tracking

+ Value reporting+ Hurdle rates and activity levels

+ Response data > CRM system/warehouse

B. List quality Not managed

List-building options increased

+ List quality improved

+ Reactivation and removal

+ Preference centres

C. Targeting(Relevance)

None: ‘Pray and Spray’

+ Demographics

+ Basic triggers

+ Full lifecycle sequences

+ Additional sequences added

D. Proposition and communicationsstrategy

Newsletter and Eblasts

+ Increased frequency

+ Content marketing integration

+ Social integration

+ Optimised frequency

E. Creative and templates

+ Simple headers

+ Multiple template

+ Dynamic content

+ video review+ mobile optimised

+ Advanced techniques

F. Delivery Not reviewed

+ Reported + Reported by ESP

+ Feedback loops and delivery service

+ Continuous monitoring

G. Optimisation None Experiments with different offers/subjects

Structured offer/subject testing

+ Layout reviews+ AB testing

+ Multivariate testing

Email marketing capabilities

46

Let’s Connect! Questions & discussion welcome

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