Increase Online Sales by Optimizing Your Email Experience

Return Path
Return PathReturn Path
Increase Online Sales by
Optimising Your Email
Customer Experience
Guy Hanson
 guy.hanson@returnpath.com
 www.returnpath.com
uk.linkedin.com/in/guyhanson
@GuyHanson, @ReturnPath
15+ Years of
Experience
• 450+ dedicated professionals
• 14 offices in 7 countries worldwide
• Backed by Union Square
Ventures, Foundry Group,
Costanoa Ventures, Vista Equity
Partners, SAP Ventures
Proven Data
Infrastructure
• Over 2 billion Certification inboxes
• Scoring 26 million IP addresses daily
• Nearly 300 global partners
• Processing millions of transactions
per day
Over 2,500 Email
Optimization Customers
• Industries include:
• Retail
• Technology
• Finance
• Entertainment
• And more
Return Path About Us
Return Path Email Optimisation
With The Right
Message
• Inbox Preview
• Subject Line Optimizer
• Email Client Monitor
• Inbox Insight
Reach The Right
Inbox
• Certification
• Inbox Monitor
• Reputation Monitor
At The Right
Time
• Send Time
Optimization
Return Path’s Email Optimisation solutions helps companies build better relationships,
drive more responses, and increase revenue from their email marketing efforts.
Email Benchmarks
Source: Econsultancy Email Marketing Industry Census 2014
3 out of every 5
respondents
attribute at least
10% of total sales
to their email
programs
Why is email core
to your business?
• Our business’ primary revenue source is directly
linked to email operations (20%)
• Email is a critical enabler of our products and
services (60%)
• Email indirectly impacts our business
performance (20%)
Source: SFMC State of Marketing Report 2015
Source: DMA Response Rate Report 2015
Part of the reason
behind the
continuing popularity
of email must be its
ROI, which is the
highest of all the
channels reviewed
in this study
Source: Econsultancy Email Marketing Industry Census 2014
66% of email
program
owners rank
email as
Excellent or
Good for ROI
effectiveness
Source: DMA National Client Email Report 2015
Almost 50% of email program
owners aren’t confident they
can calculate revenue
from their email
marketing
activities . . .
Source: Econsultancy Marketing Budgets Report 2015
. . . and the inability to
measure ROI is the third
largest barrier to securing
digital investment
Source: DMA National Client Email Report 2015
Over 50% of email
revenue is generated by
segmentation
Another 30% is being
produced by triggered
emails – almost doubling
in just 12 months!
Source: DMA Email Tracking Report 2014
Just under half of
consumers (48%)
now say they will
click-through from an
interesting email,
compared to 64%
only 3 years ago!
Source: DMA Email Tracking Report 2014
3 out of every 4 mobile email subscribers will
either occasionally/regularly read the subject
line and then delete
Source: DMA Email Tracking Report 2014
Almost 20% of email
subscribers will register a
spam complaint as a result
of a bad customer
experience, or loss of trust
in the brand
Effectiveness & ROI The Conversion Pipeline
Strategies to Grow
Your Email ROI
IP Address
Permanence
Spam
Complaints
Unknown
Users
Infrastructure
Spam Traps
Subscriber
Engagement
#1GetDelivered
Source: Fastmap Consumer Attitudes to Data
#2 List Growth
Source: DMA National Client Email Report 2015
Source: DMA National Client Email Report 2015
Discounts are the single
biggest reason
subscribers sign up to
receive emails (38%)
#3 Meet Your Subscribers’ Needs
Source: Marketing Charts - Low Click-Through Rates A Top Challenge For Email Marketers
A meaningful call-to-action
offer is rated by 65% of
program owners as the
most effective driver of
email click-throughs
#4 Optimise Messaging for Click Throughs
#5 Mobile is the New Norm
Source: Yesmail
Emails that make use of responsive design
techniques see an average uplift in click-to-open
rates of 21% for mobile subscribers
Source: Epsilon Q3 2014 Email Trends & Benchmarks
“Triggered open rates were 76.7% higher than BAU emails,
with triggered click rates reporting 151.9% higher”
#6 Pull the Trigger
#7 It’s Cheaper to Retain Customers . . .
Source: Econsultancy Cross-Channel Marketing Report 2014
70% of companies say it’s cheaper to retain a customer
than acquire one and 49% say that, pound for pound,
they achieve better ROI by investing in relationship
marketing over acquisition marketing.
“The overall Read
rate for win-back
emails was 14%”
Metric Actives Inactives
Subscribers 100,000 100,000
Revenue per Email €0.08 $0.00
Email Frequency 2 x per week 0 x per week
Revenue per Year €832,000 $0
Revenue Opportunity €116,480
Source: E-Mail Tipps - What’s your best email frequency? Here’s the math
: Mailchimp - Sending Frequency: More Is Not Always Better!
#8 Send More Email . . . Maybe!
Source: Return Path EFP Security Report
#9 Watch out for the Bad Guys!
#10 Life After Clicks
Industry research shows
conversion from email is
typically between 2.5% and
3.5% - on average, more
than 19 out of every 20
clickers don’t go on to
transact.
Source: DMA Response Rate Report 2015
Increase Online Sales by
Optimising Your Email
Customer Experience
Guy Hanson
 guy.hanson@returnpath.com
 www.returnpath.com
uk.linkedin.com/in/guyhanson
@GuyHanson, @ReturnPath
1 of 27

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Increase Online Sales by Optimizing Your Email Experience

  • 1. Increase Online Sales by Optimising Your Email Customer Experience Guy Hanson  guy.hanson@returnpath.com  www.returnpath.com uk.linkedin.com/in/guyhanson @GuyHanson, @ReturnPath
  • 2. 15+ Years of Experience • 450+ dedicated professionals • 14 offices in 7 countries worldwide • Backed by Union Square Ventures, Foundry Group, Costanoa Ventures, Vista Equity Partners, SAP Ventures Proven Data Infrastructure • Over 2 billion Certification inboxes • Scoring 26 million IP addresses daily • Nearly 300 global partners • Processing millions of transactions per day Over 2,500 Email Optimization Customers • Industries include: • Retail • Technology • Finance • Entertainment • And more Return Path About Us
  • 3. Return Path Email Optimisation With The Right Message • Inbox Preview • Subject Line Optimizer • Email Client Monitor • Inbox Insight Reach The Right Inbox • Certification • Inbox Monitor • Reputation Monitor At The Right Time • Send Time Optimization Return Path’s Email Optimisation solutions helps companies build better relationships, drive more responses, and increase revenue from their email marketing efforts.
  • 5. Source: Econsultancy Email Marketing Industry Census 2014 3 out of every 5 respondents attribute at least 10% of total sales to their email programs
  • 6. Why is email core to your business? • Our business’ primary revenue source is directly linked to email operations (20%) • Email is a critical enabler of our products and services (60%) • Email indirectly impacts our business performance (20%) Source: SFMC State of Marketing Report 2015
  • 7. Source: DMA Response Rate Report 2015 Part of the reason behind the continuing popularity of email must be its ROI, which is the highest of all the channels reviewed in this study
  • 8. Source: Econsultancy Email Marketing Industry Census 2014 66% of email program owners rank email as Excellent or Good for ROI effectiveness
  • 9. Source: DMA National Client Email Report 2015 Almost 50% of email program owners aren’t confident they can calculate revenue from their email marketing activities . . .
  • 10. Source: Econsultancy Marketing Budgets Report 2015 . . . and the inability to measure ROI is the third largest barrier to securing digital investment
  • 11. Source: DMA National Client Email Report 2015 Over 50% of email revenue is generated by segmentation Another 30% is being produced by triggered emails – almost doubling in just 12 months!
  • 12. Source: DMA Email Tracking Report 2014 Just under half of consumers (48%) now say they will click-through from an interesting email, compared to 64% only 3 years ago!
  • 13. Source: DMA Email Tracking Report 2014 3 out of every 4 mobile email subscribers will either occasionally/regularly read the subject line and then delete
  • 14. Source: DMA Email Tracking Report 2014 Almost 20% of email subscribers will register a spam complaint as a result of a bad customer experience, or loss of trust in the brand
  • 15. Effectiveness & ROI The Conversion Pipeline
  • 18. Source: Fastmap Consumer Attitudes to Data #2 List Growth Source: DMA National Client Email Report 2015
  • 19. Source: DMA National Client Email Report 2015 Discounts are the single biggest reason subscribers sign up to receive emails (38%) #3 Meet Your Subscribers’ Needs
  • 20. Source: Marketing Charts - Low Click-Through Rates A Top Challenge For Email Marketers A meaningful call-to-action offer is rated by 65% of program owners as the most effective driver of email click-throughs #4 Optimise Messaging for Click Throughs
  • 21. #5 Mobile is the New Norm Source: Yesmail Emails that make use of responsive design techniques see an average uplift in click-to-open rates of 21% for mobile subscribers
  • 22. Source: Epsilon Q3 2014 Email Trends & Benchmarks “Triggered open rates were 76.7% higher than BAU emails, with triggered click rates reporting 151.9% higher” #6 Pull the Trigger
  • 23. #7 It’s Cheaper to Retain Customers . . . Source: Econsultancy Cross-Channel Marketing Report 2014 70% of companies say it’s cheaper to retain a customer than acquire one and 49% say that, pound for pound, they achieve better ROI by investing in relationship marketing over acquisition marketing. “The overall Read rate for win-back emails was 14%” Metric Actives Inactives Subscribers 100,000 100,000 Revenue per Email €0.08 $0.00 Email Frequency 2 x per week 0 x per week Revenue per Year €832,000 $0 Revenue Opportunity €116,480
  • 24. Source: E-Mail Tipps - What’s your best email frequency? Here’s the math : Mailchimp - Sending Frequency: More Is Not Always Better! #8 Send More Email . . . Maybe!
  • 25. Source: Return Path EFP Security Report #9 Watch out for the Bad Guys!
  • 26. #10 Life After Clicks Industry research shows conversion from email is typically between 2.5% and 3.5% - on average, more than 19 out of every 20 clickers don’t go on to transact. Source: DMA Response Rate Report 2015
  • 27. Increase Online Sales by Optimising Your Email Customer Experience Guy Hanson  guy.hanson@returnpath.com  www.returnpath.com uk.linkedin.com/in/guyhanson @GuyHanson, @ReturnPath