Date post: | 16-Apr-2017 |
Category: |
Retail |
Upload: | windsor-circle |
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Revving Up Revenue By Replenishing
Today’s Presenters
Caroline RiddlePartner Marketing Manager
Windsor Circle
Tim StippeCommerce Analyst
CoffeeForLess
Kaila GarrisonHead of Product Marketing
Oracle Marketing Cloud
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!
• What is Replenishment • Industry Metrics • How CoffeeForLess is using replenishment • How Oracle Marketing Cloud delivers predictive marketing
to consumers
Agenda
Industry Metrics
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)
WindsorCircle.com/benchmarks
Tim StippeCommerce Analyst
CoffeeForLess
• Are we losing customers? • Personalized emails at the right time • Ease & efficiently of automated campaigns
Opportunity
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
Complete Customer Lifecycle Marketing Browse
Abandonment
Cart Abandonment
Segmenting Customer Behavior
Post Purchase Programs
Replenishment Automation
Analytics
Kaila GarrisonHead of Product Marketing
Oracle Marketing Cloud
• Retention – Currently 85% of revenue comes from repeat customers
CoffeeForLess
• Problem – Making campaigns more relevant, timely
CoffeeForLess
Replenishment Campaign
Replenishment Campaign
Replenishment Campaign
Replenishment Campaign
CoffeeForLess Campaign
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.”
The Numbers For CoffeeForLess Are In…
• $.57 RPE 6X Industry average is $.10
• Open rate 35% • 36% Conversion • Over $150K in revenue
Implementing Data-Driven Campaigns in Oracle Responsys
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
Q&A