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Strategies for increasing eCommerce revenue with email marketing

  1. Email Marketing w eCommerce!
  2. Nie mówię po polsku :-(!
  3. How four words increased! Obama’s donations from a single ! email from $403,603 to:! ! $2,540,866
  4. x 319,339! Put another way…!
  5. How to make birthday emails 8x as effective
  6. Plus…! 8!more ways to increase your ! transaction rates by at least 20%!
  7. 7%!Source: http://blog.custora.com/2013/06/e-commerce-customer-acquisition-snapshot/!
  8. 1) Make your transactional emails count! Source: http://www.experian.com/assets/marketing-services/reports/transactional-email-report.pdf!
  9. #2 Incentivise Product Reviews!
  10. 3) Give customers free store credit (and play on the power of loss aversion).!
  11. #4 Rewarding loyal customers with gift cards boosts short-term revenue! 34% of gift cards were redeemed, generating an additional $105k Non-active customers ! ! Most loyal customers ! Gift card! redemption = $105k extra! Semi-dormant customers ! !
  12. #5 But… re-activating dormant customers can be event more profitable! Re-activating dormant / non active customers generated an additional $145k Non-active customers ! 10% ! activated! Most loyal customers ! ! ! Semi-dormant customers Gift card redemption = ! $108k extra!
  13. In the first half we’ve learned to: ! Get more value out of our transactional emails! Incentivise product reviews! Use loss aversion to drive impulse purchases! Re-activate dormant customers ! Reward loyal customers to keep them active.!
  14. Now it gets interesting…! ! !
  15. 6) A/B test:! •  Subject lines! •  Sending times! •  From line! •  Email content! •  Subscriber segments?! www.bloomberg.com/bw/articles/2012-11-29/the-science-behind-those-obama-campaign-e-mails!
  16. 7) Birthday emails: people like free money
  17. 8) Use email to reduce cart abandonment!
  18. #9 Automate feedback collection / net promoter score data! http://www.squiz.net/uk/stories/squiz-speaks/automating-a-net-promoter-score-program!
  19. 10) Email marketing beyond the inbox!
  20. Dziękuję! ! Do zobaczenia :)! ! Want to contact me? —> marcus@VentureHarbour.com!
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