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ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Date post: 14-Sep-2014
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Description:
Tablecloth is not exactly a ‘social’ category. Yet LinenTablecloth has been highly successful in leveraging social media to increase sales, revenues, user engagement and Facebook fans. After disappointing results from Facebook ads, they decided to take a different approach and focused on making their e-commerce website more social. LinenTablecloth has reaped healthy benefits from adopting the ShopSocially social commerce strategy of adding social commerce modules to their e-commerce website. Besides a 4X increase in sales conversion rate for social traffic generated through ShopSocially apps, LinenTablecloth got an incremental revenue of $1.8M through social commerce. ShopSocially conducted a Webinar on this social commerce success story of LinenTablecloth on August 28th. Marketing manager from LinenTablecloth Ashley Thomas presented the webinar along with ShopSocially CEO Jai Rawat. It was a huge success with more than 200 people attending the Webinar and actively interacting with questions and comments. This is the presentation used for this Webinar. To know more about how ShopSocially can help you in your social commerce initiatives, please visit ShopSocially.com or write to us at [email protected].
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Company Confidential 1 How LinenTablecloth added $1.8M in Incremental Revenue using Social Media? Ashley Thomas Marketing Director Jai Rawat CEO
Transcript
Page 1: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 1

How LinenTablecloth added $1.8M in

Incremental Revenue using Social Media?

Ashley Thomas

Marketing Director

Jai Rawat

CEO

Page 2: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 2

• Comprehensive Social

Commerce Platform

• Started in 2010

• 150+ Brand name customers

• Focused on generating ROI

LinkShare

Technology Genius

Award

Most promising

private

companies

2013

Featured in a

recent Social

Commerce

case study

Top Startup

Award

Ask-a-Friend

Get-a-Fan

Refer-a-Friend

Social Connect

Social Login

Viral Offer Sharing

Viral Flash Sale

Share-a-Purchase

Share on Mobile

Shopping Community

Product Stories

Page 3: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 3

Page 4: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 4

• #1 online retailer for supplies and table

linens

• Started in 2005 by Ron & Maggie Berrett

• Located in Portland, Oregon

• 50+ employees

• $20 million+ in revenues in 2012

Page 5: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 5

Marketing Strategies

• SEO

– Highly effective but very competitive

– Goal: Improve SEO rank

• PPC

– Effective but expensive

– Goal: Improve traffic conversion rate

• Email Newsletters

– Highly effective

– Goal: Acquire more email subscribers

Page 6: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 6

Social – 1st Attempt

Off-site Strategy

• What we did

– Facebook Ads for driving sales

– Facebook Ads for acquiring fans

• Results- Expensive

- Low ROI

- Poor quality fans (low engagement rate)

• Reasons- Lack of purchase intent

- Hard to find fans genuinely interested in our

brand/products

Page 7: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 7

Forrester Research on Consumer Trust

Page 8: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 8

Social – 2nd Attempt

On-site Strategy

• What we did– Added social modules on LinenTablecloth.com

– Users interacted with these modules without ever leaving the site

• Results- Highly cost effective- Significant increase in engagement & conversion- SEO rank uplift- High quality fans- Email subscribers- Word-of-mouth branding

• Reasons- Capitalized on existing purchase intent- Made our users feel more valued- Word-of-mouth (C2C) is more trusted than B2C

Page 9: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 9

Decision Criteria?

A+ team

Comprehensive

social platform

Hosted solution,

Easy setup

Proven results

Page 10: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 10

Example : Get-a-Fan Module

Page 11: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 11

• Like gated coupon (15% off)

• Creative use of built-in targeting

options. E.g.

• Targeting paid vs. free traffic

• Home page vs. other pages etc.

• Use of built-in auto-scheduling

options

Page 12: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 12

Results

Page 13: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 13

1. Qualified Fan Acquisition

Page 14: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 14

2. 4x Higher Sales Conversion

1. Qualified Fan Acquisition

Page 15: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 15

2. 4x Higher Sales Conversion

1. Qualified Fan Acquisition

3. New Email Subscribers

Page 16: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 16

4. SEO Uplift

2. 4x Higher Sales Conversion

1. Qualified Fan Acquisition

3. New Email Subscribers

SEO Correlation FactorsSource: searchmetrics

Page 17: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 17

4. SEO Uplift

2. 4x Higher Sales Conversion

1. Qualified Fan Acquisition

3. New Email Subscribers

5. Word-of-Mouth Virality

Page 18: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 18

Ask-a-Friend

Page 19: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 19

Refer-a-Friend

Page 20: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 20

Viral Flash Sale

Page 21: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 21

Share-a-Purchase

Page 22: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 22

Results Dashboard

($20 higher AOV) Yearly rev. uplift

Conversion rate upliftIncremental salesNew fans

Email subscribers

Page 23: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 23

PPC

SEO Uplift

Improved conversion from

PPC traffic made it more

efficient/affordable

Increase in qualified email

subscribers

Our social strategy is

boosting our key marketing

priorities

..and is also adding

significant additional benefits

High quality fans

Higher AOV

Word-of-Mouth virality

$AOV

Page 24: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 24

Shopping Community

Page 25: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 25

Product Stories

Page 26: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 26

Social Connect

Page 27: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 27

Share-on-Mobile

Page 28: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 28

Viral Offer Sharing

Page 29: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 29

Page 30: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 30

PPC

SEO Uplift

Improved conversion from

PPC traffic made it more

efficient/affordable

Increase in qualified email

subscribers

Our social strategy is

boosting our key marketing

priorities

..and is also adding

significant additional benefits

High quality fans

Higher AOV

Word-of-Mouth virality

$AOV

Page 31: ShopSocially Webinar on how LinenTablecloth added $1.8M Incremental Revenues using Social Media

Company Confidential 31

Special Offer for today’s attendees

SSHoliday13Mention the code above to get one free

month or an iPad mini with one year

subscription

[email protected]

[email protected]

http://shopsocially.com

+1 650 701 7759


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