Ultimate Email Marketing: Big Brands Square Off - Presentation Transcript
Weight Classes: HEAVYWEIGHT THE RULES
THE RULES 60 Minutes (or until somebody says uncle) Bout Duration:
Fouls:
Boring the Audience
Physical Abuse (Verbal Abuse is Encouraged)
Audience Not Asking Questions
THE RULES How to Win: Convince the audience that you are the…
THE FIGHTERS
THE FIGHTERS
THE FIGHTERS
LET’S BATTLE!
Industry: Online Personal Finance Management
Industry Size: 30,000 users in 2007, Over 3 million today
Product: Mint.com, free web-based personal finance service. Launched September, 2007
Size: 1.7 million users
Employees: 38
Target Market: Web-savvy Americans 25 – 40 seeking easy and effective means to budget and save money. Comfortable with managing daily life in the cloud via SaaS.
Years of email experience: 15
THE BUSINESS
Campaign Objective: Acquire new Mint.com users at little or no cost.
Campaign Strategy: Email to engaged users asking them to recommend Mint.com to their friends.
Key Metrics Tracked: Open rate, percent of users inviting friends, percent of friends becoming users.
Definition of Success: Less than $1 CPA
THE CAMPAIGN
Market Research Findings Drove Campaign Design
THE CAMPAIGN
Tested 3 Incentives:
Chance to win iPod Nano
Invitation to exclusive Beta Program (early access to new Mint.com features)
No incentive
THE CAMPAIGN Used StrongMail Influencer to drive higher invites per user.
THE RESULTS Actual Sent Delivered Opened: 48% Invited Friends: 10% Average Invites: 5 New Users per Invite: 1: 2.6 Average CPA: $0.50 One mailing drove a 44% lift in New Users versus prior week
TAKE YOUR SHOT
Turner Sports:
NBA.com, NASCAR.COM, PGA.com, PGATOUR.COM
Target market:
All who watch, live, and love sports
Fighter Background:
5 years of email marketing experience
Overview:
Turner Sports operates all aspects of the league sites for the NBA, NASCAR, PGA TOUR, and PGA of America
THE BUSINESS
Campaign Objective:
Drive PGA TOUR fans to watch the live streaming coverage of the TOUR Championship on PGATOUR.COM.
Key Metrics Tracked:
Clicks to launch the Live@ experience.
Definition of Success: Driving click-throughs to the Live@ experience on PGATOUR.COM.
Campaign Strategy: Increase fan interest in the Live@ golf experience by showing a live video stream of the coverage provided by PGATOUR.COM.
THE CAMPAIGN
Static Email Video Email Static version Static Email Video in Email
The campaigns success was measured by comparing the click-through rate of the live streaming video campaign against the click-through rate of another version that did not feature live video streaming video but just a static image.
The live streaming video campaign produced a 13% higher click-through rate in driving users to the Live@ experience on PGATOUR.COM
THE RESULTS
TAKE YOUR SHOT
THE BUSINESS David and Tom Gardner Co-Founders of The Motley Fool
THE BUSINESS
Here for the individual investor
News, commentary, and stock research
Online community of Fools
250 Fools Strong!
THE BUSINESS Motley Fool Stock Advisor Motley Fool Hidden Gems Motley Fool Rule Breakers Motley Fool Global Gains Motley Fool Rule Your Retirement Motley Fool Income Investor Motley Fool Million Dollar Portfolio Motley Fool PRO Motley Fool Ready Made Millionaire Motley Fool Options Motley Fool Duke Street Motley Fool Inside Value 260,000 Paying Subscribers
THE BUSINESS
THE AUDIENCE Target Audience:
Male
Ages 45 – 65
Investment portfolios larger than $500k
Manage their own portfolio
Skeptical of mainstream financial media
Direct response
Email is backbone of company
65% of company’s revenue
SUCCESS METRICS Delivered Open Click Thru Conversion
Spam
Unsubscribes
Refunds
THE STRATEGY
Creative
Relevance
Offer
Video Email Static version
Goals:
Capture investors’ mindset at the current time, so that
They will read the email, and
Convert into subscriptions and drive cash
S&P 500: Jun ‘07 – Oct ‘09
Video Email Static version
Goals:
Capture investors’ mindset at the current time, so that
Marketing executives from Mint.com, Turner Sports a more
Marketing executives from Mint.com, Turner Sports and The Motley Fool square off and provide candid critiques of each others respective campaigns as each competes for the title: ultimate email marketer. less
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