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Etail presenation '06-5 Ways to Communicate with Customers to Drive Revenue
1. 5 Ways To Communicate With Your
Customer, Drive Revenue And
Deliver Messages About Your
Company Or Brand
Anita John, Director of Customer Marketing
StubHub!
2. The Customer is King
More self-reliant
Self-educated
Seek answers before making purchases
Impulse buys limited to low-cost
products
“Know me, I’ll be loyal”
3.
4. Magic Formula!
Targeted A/B or
A/B or
Your Defined
Defined
USP/Brand + Message + Audience
Audience + Relevance + Multivariate
Multivariate
Testing
Testing
Deliver on all—profit & revenue will follow
Deliver on all—profit & revenue will follow
9. This is an ongoing courtship
Try to setup a Breakup/Get Back
Meet for the first 1st Date Going Steady
date together
time
Prospect 1st Time Cust. Active Inactive
10. Understand who you want to talk to
RFM
Site Behavior
Preferences/Interests
12. Knowledge is Power
Create a dialogue with your
customers
Ask..you shall receive
Find out what matters
Understand purchase behavior
13. What makes a difference
Ex. Preferences
incorp. into
emails – These
are the teams I
set up in my
preference ctr.
14. It’s about control & choice
“If I tell you, I expect you to
remember, and show me what I
want”
15. It’s a two-way street
Use information and product sales
Integrate with your call center
Closed-loop feedback
Create customer advocacy groups –
Make them part of the solution
18. Best Practices
Keep a hold-out group
Never rollout something new without
testing
Backtest when ever results are
inconclusive
Trust your judgment and
experience…up to a point
Make sure your lists are clean &
reflect the control
19. Take Away
Magic Formula-Starting point
Brand Creditability is about your USP
Test, test, test