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Revving Up Revenue By Replenishing

Date post: 16-Apr-2017
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Revving Up Revenue By Replenishing
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Page 1: Revving Up Revenue By Replenishing

Revving Up Revenue By Replenishing

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Today’s Presenters

Caroline RiddlePartner Marketing Manager

Windsor Circle

Tim StippeCommerce Analyst

CoffeeForLess

Kaila GarrisonHead of Product Marketing

Oracle Marketing Cloud

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For the first 12 people who tweet out #replenish during this webinar with any marketing takeaways and get a free bag of coffee!

Tweet and Get Caffeinated!

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•  What is Replenishment •  Industry Metrics •  How CoffeeForLess is using replenishment •  How Oracle Marketing Cloud delivers predictive marketing

to consumers

Agenda

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Industry Metrics

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Source: ATKearney – Beauty and the eCommerce Beast (2014)Source: ATKearney – Beauty and the eCommerce Beast (2014)

Source: ATKearney – Beauty and the eCommerce Beast (2014)Source: ATKearney – Beauty and the eCommerce Beast (2014)

Source: ATKearney – Beauty and the eCommerce Beast (2014)

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WindsorCircle.com/benchmarks

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Tim StippeCommerce Analyst

CoffeeForLess

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•  Are we losing customers? •  Personalized emails at the right time •  Ease & efficiently of automated campaigns

Opportunity

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Personalized Replenishment Keeps Customers Coming Back

ü  Predictive data science helps identify individual buying patterns

ü  Send reminder emails before they run out

ü  Automatically basket together multiple items up for replenishment into one email

ü  Frequency capping

ü  Easy to install: 47% of users launched campaign in less than 1 hour

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Complete Customer Lifecycle Marketing Browse

Abandonment

Cart Abandonment

Segmenting Customer Behavior

Post Purchase Programs

Replenishment Automation

Analytics

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Kaila GarrisonHead of Product Marketing

Oracle Marketing Cloud

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•  Retention –  Currently 85% of revenue comes from repeat customers

CoffeeForLess

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•  Problem –  Making campaigns more relevant, timely

CoffeeForLess

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Replenishment Campaign

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Replenishment Campaign

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Replenishment Campaign

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Replenishment Campaign

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CoffeeForLess Campaign

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Customer Feedback

“First I just want to say I LOVE your site. I seriously get upset when I am not on top

of it and run out of coffee... however I know your shipping is fast so I rarely have

to go without my kcups.”

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The Numbers For CoffeeForLess Are In…

•  $.57  RPE  6X  Industry  average  is  $.10    

•  Open  rate  35%  •  36%  Conversion  •  Over  $150K  in  revenue  

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Implementing Data-Driven Campaigns in Oracle Responsys

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About Windsor Circle

We  are  a  Predic<ve  Lifecycle  and  Reten<on  Marke<ng  PlaCorm  that  Helps  

You  Grow  Customer  Life<me  Value  

•  350+  clients  •  35MM  consumers  •  80+  employees    

WindsorCircle.com/Replenish  

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Q&A


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