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Cortney	
  Wright	
  	
  |	
  	
  Artbeads.com	
  
Cortney	
  Wright	
  
Vice	
  President	
  
Artbeads.com	
  
Gig	
  Harbor,	
  WA	
  
IR	
  #	
  488	
  
Artbeads.com	
  Stocks	
  a	
  Wide	
  Variety	
  of	
  Products	
  
Artbeads.com	
  Stocks	
  a	
  Wide	
  Variety	
  of	
  Brands	
  
Andrew	
  Pearson	
  
Windsor	
  Circle	
  
VP	
  of	
  MarkeEng	
  
@arjpearson	
  
@windsorcircle	
  
www.windsorcircle.com	
  
	
  
 
	
  
	
  
	
  
Our	
  Agenda	
  
Reten%on	
   Examples	
   Plan	
  
Repeat	
  buyers	
  =	
  8%	
  of	
  site	
  visitors,	
  
but	
  41%	
  of	
  revenue	
  
Enterprise	
  Data	
  Feeds:	
  
Data	
  updated	
  con%nuously	
  into	
  
custom	
  fields	
  or	
  rela%onal	
  tables	
  	
  
in	
  your	
  email	
  so;ware	
  
and	
  more	
  
Guaranteed	
  eCommerce-­‐to-­‐ESP	
  Integra%ons:	
  
and	
  more	
  
Ini%aliza%on Op%miza%on Reten%on	
  Automa%on
Win	
  by: •  Volume •  Content •  Data
Key	
  Metrics: •  List	
  Size	
  
•  Send	
  Volume
•  Opens	
  
•  Clicks
•  Conversions	
  
•  Engaged	
  Subscribers	
  
•  Churn
Key	
  Ac%vi%es: •  Build	
  list	
  
•  Send	
  frequently	
  
•  Frequent	
  Sends	
  
•  Content	
  CreaEon	
  
•  Dashboard	
  and	
  ReporEng
•  Contact	
  Strategy	
  
•  RFM	
  Analysis	
  
•  Market	
  Basket	
  Analysis	
  
ESP	
  Selec%on: •  Cost •  BeTer	
  Feature	
  Sets	
   •  Cost	
  
•  Integra%on	
  
•  Segmenta%on	
  
•  Automa%on	
  
Segmenta%on: •  None •  Available	
  but	
  Limited •  Advanced	
  
•  Purchase	
  history	
  
•  Web	
  history	
  
Automa%on: •  None •  None •  Post	
  Purchase	
  Welcome	
  Series	
  
•  Win	
  Back	
  Campaigns	
  
•  Cross	
  Merchandizing	
  
•  Reviews	
  
The	
  3	
  Stages	
  of	
  Email	
  MarkeEng	
  
Old School Marketing: A 1st Time Buyer’s Path
Customer makes
1st purchase
Receives a
welcome email
Receives mass-
marketing emails
Never makes a 2nd
purchase, &
unsubscribes
Artbeads.com	
  
Social	
   Events	
  Direct	
  Paid	
  Organic	
   Print	
  
Email	
  Sign	
  Up	
  Welcome	
  Program	
  
Welcome	
  #1	
   Welcome	
  #2	
   Welcome	
  #3	
   Welcome	
  #4	
  
Email	
  Sign-­‐Up	
   Purchase	
  
Purchase	
  
Marke%ng	
  Calendar	
  
From	
  Welcome	
  to	
  Purchase	
  1	
  to	
  Purchase	
  2	
  	
  
Product	
  
Category	
  
Coupon	
  
Reminder	
  
Segmented	
  Promo%ons:	
  
Welcome	
  #1	
   Welcome	
  #2	
   Welcome	
  #3	
   Welcome	
  #4	
  
Drive	
  Repeat	
  
Buying	
  Behavior	
  
Subject:	
  
Remember	
  that	
  Card	
  in	
  Your	
  Last	
  
Package?	
  
	
  
Rules:	
  
•  Sent	
  to	
  customers	
  who	
  ordered	
  
in	
  the	
  previous	
  month	
  
–  (they	
  received	
  this	
  physical	
  coupon	
  
w/	
  prior	
  order)	
  
•  Sent	
  just	
  before	
  coupon	
  expires	
  
	
  
Drives	
  repeat	
  buying	
  
Purchase	
  
Marke%ng	
  Calendar	
  
From	
  Welcome	
  to	
  Purchase	
  1	
  to	
  Purchase	
  2	
  	
  
Product	
  
Category	
  
Coupon	
  
Reminder	
  
Segmented	
  Promo%ons:	
  
Welcome	
  #1	
   Welcome	
  #2	
   Welcome	
  #3	
   Welcome	
  #3	
  
Post	
  Purchase	
  #2	
   Post	
  Purchase	
  #3	
  Post	
  Purchase	
  #1	
  
Educate	
  about	
  	
  
the	
  Product	
  
Launched	
  in	
  December	
  2014	
  
76%
26.4%
Open	
  
Rates	
  
Click	
  
Rates	
  
Rules:	
  
•  Last	
  Order	
  contains	
  “Crimps”	
  
•  X	
  Days	
  ader	
  Last	
  Order	
  Date	
  
Purchase	
  
Marke%ng	
  Calendar	
  
From	
  Welcome	
  to	
  Purchase	
  1	
  to	
  Purchase	
  2	
  	
  
Product	
  
Category	
  
Coupon	
  
Reminder	
  
Segmented	
  Promo%ons:	
  
Cross	
  Sell	
  
Welcome	
  #1	
   Welcome	
  #2	
   Welcome	
  #3	
   Welcome	
  #3	
  
Post	
  Purchase	
  #2	
   Post	
  Purchase	
  #3	
  Post	
  Purchase	
  #1	
  
Make the
Cross-Sell
Launched	
  January	
  21,	
  2015	
  
Rules:	
  
•  Last	
  order	
  contains	
  “Product	
  X”	
  
•  Y	
  days	
  ader	
  last	
  order	
  
User	
  Generated	
  Content:	
  	
  
•  Quote,	
  images	
  
	
  
Purchase	
  
Marke%ng	
  Calendar	
  
From	
  Welcome	
  to	
  Purchase	
  1	
  to	
  Purchase	
  2	
  	
  
Product	
  
Category	
  
Coupon	
  
Reminder	
  
Segmented	
  Promo%ons:	
  
Replenishment	
  
Cross	
  Sell	
  
Welcome	
  #1	
   Welcome	
  #2	
   Welcome	
  #3	
   Welcome	
  #3	
  
Post	
  Purchase	
  #2	
   Post	
  Purchase	
  #3	
  Post	
  Purchase	
  #1	
  
Running	
  since	
  July	
  2013	
  
53%
1%
Open	
  	
  
Rates	
  
Click	
  	
  
Rates	
  
Replenish
What’s out
Rules:	
  
•  Last	
  Order	
  contains	
  “ZambaPro	
  Jewelry	
  Wire”	
  
•  X	
  Days	
  ader	
  Last	
  Order	
  Date	
  
or	
  
•  Y	
  Days	
  before	
  Predicted	
  Replenishment	
  Date	
  
Purchase	
  
Marke%ng	
  Calendar	
  
From	
  Welcome	
  to	
  Purchase	
  1	
  to	
  Purchase	
  2	
  	
  
Product	
  
Category	
  
Coupon	
  
Reminder	
  
Segmented	
  Promo%ons:	
  
Replenishment	
  
Birthday	
  
Cross	
  Sell	
  
Welcome	
  #1	
   Welcome	
  #2	
   Welcome	
  #3	
   Welcome	
  #3	
  
Post	
  Purchase	
  #2	
   Post	
  Purchase	
  #3	
  Post	
  Purchase	
  #1	
  
Celebrate
the Birthday
Sent	
  each	
  year	
  if	
  we	
  have	
  
a	
  birthday	
  recorded	
  for	
  
the	
  customer	
  
70.2%
14.6%
Open	
  	
  
Rates	
  
Click	
  	
  
Rates	
  
Purchase	
  
Marke%ng	
  Calendar	
  
From	
  Welcome	
  to	
  Purchase	
  1	
  to	
  Purchase	
  2	
  	
  
Product	
  
Category	
  
Coupon	
  
Reminder	
  
Segmented	
  Promo%ons:	
   Birthday	
  
Replenishment	
  
Anniversary	
  
Cross	
  Sell	
  
Welcome	
  #1	
   Welcome	
  #2	
   Welcome	
  #3	
   Welcome	
  #3	
  
Post	
  Purchase	
  #2	
   Post	
  Purchase	
  #3	
  Post	
  Purchase	
  #1	
  
Remember the
Anniversary
Sent	
  each	
  year,	
  1	
  year	
  ader	
  
first	
  purchase	
  date	
  
•  Different	
  creaEve	
  each	
  year	
  
•  Varying	
  thank	
  you	
  offers	
  
Subject:	
  
[FIRST	
  NAME],	
  an	
  
anniversary	
  gid	
  just	
  for	
  you	
  
RFM	
  Segments	
  
RFM	
  
R1M1F1:	
  Best	
  Customers	
  
	
  RxFxM1:	
  Big	
  Spenders	
  
	
  R1F4M1:	
  New	
  Spenders	
  
Purchase	
  	
  
RFM	
  Purchase	
  
Marke%ng	
  Calendar	
  
AutomaEc	
  SegmenEng	
  by	
  Customer	
  Score	
  
Reward	
  	
  
your	
  Best	
  
Launched	
  in	
  December	
  2012	
  
Subject:	
  
FIRST	
  NAME,	
  You’re	
  the	
  Best	
  
	
  
Rules:	
  
•  Sent	
  2	
  weeks	
  ader	
  select	
  large	
  
sales	
  
•  To	
  “Best	
  Customers”	
  defined	
  by	
  
Windsor	
  Circle	
  data	
  
•  Who	
  did	
  NOT	
  order	
  during	
  the	
  
big	
  sale	
  
•  Includes	
  coupon	
  code	
  again	
  
(new	
  coupon	
  code,	
  ex	
  20%	
  off)	
  
RFM	
  Segments	
  
RFM	
  
R1M1F1:	
  Best	
  Customers	
  
	
  RxFxM1:	
  Big	
  Spenders	
  
	
  R1F4M1:	
  New	
  Spenders	
  
Win	
  Back	
  #1	
  
Win	
  Back	
  #2	
  
Win	
  Back	
  #3	
  
R4F1M1:	
  Churning	
  Customers	
  
Purchase	
  	
  
RFM	
  Purchase	
  
Marke%ng	
  Calendar	
  
AutomaEc	
  SegmenEng	
  by	
  Customer	
  Score	
  
Joe – Semi-Annual Buyer
Welcome emails
1-
21
Cross Sell - Bails35
4 Post Purchase Education
Product Replenishment135
Best Customer
Coupon Reminder215
40
2nd purchase
$140 – Bails, Chain
80
3rd purchase
$50 – Jewelry Wire
140
4th purchase
$120 - Refill on Wire
0
1st purchase
$25 - Wire, Beads
Days
Welcome email 11
5 Welcome 2: Social Connection
Coupon Reminder40
Marketing Calendar
Marketing Calendar
…
366
3rd purchase
$205 – Swarovski Crystal
How	
  Data	
  Can	
  Drive	
  Personalized	
  Lifecycle	
  Marke%ng	
  
Survey110
Birthday Email67
365 Anniversary Email
Welcome 3: Learning Center14
Welcome 4: Ways to Save21
46
2nd purchase
$65 - Resin
Days
0
1st purchase
$240 –Swarovski Crystal
Becky – Recommend & Reward!
Data Drives Results for Artbeads.com
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
Open	
  Rate	
   Click	
  Rate	
  
Non-WC All WC Product Education Replenishment Birthday
57.5% Open
Rate
5.6% Click
Rate
Automated, Personalized Standard Promotions
20.3% Open
Rate
4.1% Click
Rate
+ 183%
Increase in
Opens
+ 37% Increase in
Clicks
9	
  Pillars	
  of	
  Customer	
  RetenEon	
  
ANALYZE
CONNECT THANK
REWARD
GET MORE
WIN BACKEVANGELIZE
LISTEN
ACQUIRE
APPENDIX	
  
34	
  
Retention,
Perfectly
Brewed
How CoffeeForLess makes $1MM+ a year
from Data-Driven Lifecycle Emails
35	
  
Retention, Perfectly Brewed
Working Person’s Store
makes over $1MM a year
by personalizing product
recommendation emails
Heavy Duty
Personalization
36	
  
Smooth Segmentation
SkinMedix sees over 50x ROI by
segmenting weekly emails and
automating customer retention
37	
  
MILLION DOLLAR CIRCLE
Driving Real ROI from Retention Automation
50x	
  ROI	
  
Congratulations to these 3 retailers making over
$1MM a year from Retention Automation
66%	
  
125%	
  
increase	
  in	
  
opens	
  
increase	
  in	
  
clicks	
  
3x	
  the	
  opens	
  
38	
  
Download the Case Studies Today
www.windsorcircle.com/onemillion
39	
  
How-To Guides
Windsorcircle.com/resources#how-­‐to-­‐guides	
  

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Customer Retention Through Advanced Data Driven Marketing - Windsor Circle & Artbeads eTail West 2015

  • 1.
  • 2. Cortney  Wright    |    Artbeads.com   Cortney  Wright   Vice  President   Artbeads.com   Gig  Harbor,  WA   IR  #  488  
  • 3. Artbeads.com  Stocks  a  Wide  Variety  of  Products  
  • 4. Artbeads.com  Stocks  a  Wide  Variety  of  Brands  
  • 5. Andrew  Pearson   Windsor  Circle   VP  of  MarkeEng   @arjpearson   @windsorcircle   www.windsorcircle.com    
  • 6.         Our  Agenda   Reten%on   Examples   Plan  
  • 7. Repeat  buyers  =  8%  of  site  visitors,   but  41%  of  revenue  
  • 8.
  • 9. Enterprise  Data  Feeds:   Data  updated  con%nuously  into   custom  fields  or  rela%onal  tables     in  your  email  so;ware   and  more   Guaranteed  eCommerce-­‐to-­‐ESP  Integra%ons:   and  more  
  • 10. Ini%aliza%on Op%miza%on Reten%on  Automa%on Win  by: •  Volume •  Content •  Data Key  Metrics: •  List  Size   •  Send  Volume •  Opens   •  Clicks •  Conversions   •  Engaged  Subscribers   •  Churn Key  Ac%vi%es: •  Build  list   •  Send  frequently   •  Frequent  Sends   •  Content  CreaEon   •  Dashboard  and  ReporEng •  Contact  Strategy   •  RFM  Analysis   •  Market  Basket  Analysis   ESP  Selec%on: •  Cost •  BeTer  Feature  Sets   •  Cost   •  Integra%on   •  Segmenta%on   •  Automa%on   Segmenta%on: •  None •  Available  but  Limited •  Advanced   •  Purchase  history   •  Web  history   Automa%on: •  None •  None •  Post  Purchase  Welcome  Series   •  Win  Back  Campaigns   •  Cross  Merchandizing   •  Reviews   The  3  Stages  of  Email  MarkeEng  
  • 11. Old School Marketing: A 1st Time Buyer’s Path Customer makes 1st purchase Receives a welcome email Receives mass- marketing emails Never makes a 2nd purchase, & unsubscribes Artbeads.com   Social   Events  Direct  Paid  Organic   Print   Email  Sign  Up  Welcome  Program   Welcome  #1   Welcome  #2   Welcome  #3   Welcome  #4   Email  Sign-­‐Up   Purchase  
  • 12. Purchase   Marke%ng  Calendar   From  Welcome  to  Purchase  1  to  Purchase  2     Product   Category   Coupon   Reminder   Segmented  Promo%ons:   Welcome  #1   Welcome  #2   Welcome  #3   Welcome  #4  
  • 13. Drive  Repeat   Buying  Behavior   Subject:   Remember  that  Card  in  Your  Last   Package?     Rules:   •  Sent  to  customers  who  ordered   in  the  previous  month   –  (they  received  this  physical  coupon   w/  prior  order)   •  Sent  just  before  coupon  expires     Drives  repeat  buying  
  • 14. Purchase   Marke%ng  Calendar   From  Welcome  to  Purchase  1  to  Purchase  2     Product   Category   Coupon   Reminder   Segmented  Promo%ons:   Welcome  #1   Welcome  #2   Welcome  #3   Welcome  #3   Post  Purchase  #2   Post  Purchase  #3  Post  Purchase  #1  
  • 15. Educate  about     the  Product   Launched  in  December  2014   76% 26.4% Open   Rates   Click   Rates   Rules:   •  Last  Order  contains  “Crimps”   •  X  Days  ader  Last  Order  Date  
  • 16.
  • 17.
  • 18.
  • 19. Purchase   Marke%ng  Calendar   From  Welcome  to  Purchase  1  to  Purchase  2     Product   Category   Coupon   Reminder   Segmented  Promo%ons:   Cross  Sell   Welcome  #1   Welcome  #2   Welcome  #3   Welcome  #3   Post  Purchase  #2   Post  Purchase  #3  Post  Purchase  #1  
  • 20. Make the Cross-Sell Launched  January  21,  2015   Rules:   •  Last  order  contains  “Product  X”   •  Y  days  ader  last  order   User  Generated  Content:     •  Quote,  images    
  • 21. Purchase   Marke%ng  Calendar   From  Welcome  to  Purchase  1  to  Purchase  2     Product   Category   Coupon   Reminder   Segmented  Promo%ons:   Replenishment   Cross  Sell   Welcome  #1   Welcome  #2   Welcome  #3   Welcome  #3   Post  Purchase  #2   Post  Purchase  #3  Post  Purchase  #1  
  • 22. Running  since  July  2013   53% 1% Open     Rates   Click     Rates   Replenish What’s out Rules:   •  Last  Order  contains  “ZambaPro  Jewelry  Wire”   •  X  Days  ader  Last  Order  Date   or   •  Y  Days  before  Predicted  Replenishment  Date  
  • 23. Purchase   Marke%ng  Calendar   From  Welcome  to  Purchase  1  to  Purchase  2     Product   Category   Coupon   Reminder   Segmented  Promo%ons:   Replenishment   Birthday   Cross  Sell   Welcome  #1   Welcome  #2   Welcome  #3   Welcome  #3   Post  Purchase  #2   Post  Purchase  #3  Post  Purchase  #1  
  • 24. Celebrate the Birthday Sent  each  year  if  we  have   a  birthday  recorded  for   the  customer   70.2% 14.6% Open     Rates   Click     Rates  
  • 25. Purchase   Marke%ng  Calendar   From  Welcome  to  Purchase  1  to  Purchase  2     Product   Category   Coupon   Reminder   Segmented  Promo%ons:   Birthday   Replenishment   Anniversary   Cross  Sell   Welcome  #1   Welcome  #2   Welcome  #3   Welcome  #3   Post  Purchase  #2   Post  Purchase  #3  Post  Purchase  #1  
  • 26. Remember the Anniversary Sent  each  year,  1  year  ader   first  purchase  date   •  Different  creaEve  each  year   •  Varying  thank  you  offers   Subject:   [FIRST  NAME],  an   anniversary  gid  just  for  you  
  • 27. RFM  Segments   RFM   R1M1F1:  Best  Customers    RxFxM1:  Big  Spenders    R1F4M1:  New  Spenders   Purchase     RFM  Purchase   Marke%ng  Calendar   AutomaEc  SegmenEng  by  Customer  Score  
  • 28. Reward     your  Best   Launched  in  December  2012   Subject:   FIRST  NAME,  You’re  the  Best     Rules:   •  Sent  2  weeks  ader  select  large   sales   •  To  “Best  Customers”  defined  by   Windsor  Circle  data   •  Who  did  NOT  order  during  the   big  sale   •  Includes  coupon  code  again   (new  coupon  code,  ex  20%  off)  
  • 29. RFM  Segments   RFM   R1M1F1:  Best  Customers    RxFxM1:  Big  Spenders    R1F4M1:  New  Spenders   Win  Back  #1   Win  Back  #2   Win  Back  #3   R4F1M1:  Churning  Customers   Purchase     RFM  Purchase   Marke%ng  Calendar   AutomaEc  SegmenEng  by  Customer  Score  
  • 30. Joe – Semi-Annual Buyer Welcome emails 1- 21 Cross Sell - Bails35 4 Post Purchase Education Product Replenishment135 Best Customer Coupon Reminder215 40 2nd purchase $140 – Bails, Chain 80 3rd purchase $50 – Jewelry Wire 140 4th purchase $120 - Refill on Wire 0 1st purchase $25 - Wire, Beads Days Welcome email 11 5 Welcome 2: Social Connection Coupon Reminder40 Marketing Calendar Marketing Calendar … 366 3rd purchase $205 – Swarovski Crystal How  Data  Can  Drive  Personalized  Lifecycle  Marke%ng   Survey110 Birthday Email67 365 Anniversary Email Welcome 3: Learning Center14 Welcome 4: Ways to Save21 46 2nd purchase $65 - Resin Days 0 1st purchase $240 –Swarovski Crystal Becky – Recommend & Reward!
  • 31. Data Drives Results for Artbeads.com 0%   10%   20%   30%   40%   50%   60%   70%   80%   Open  Rate   Click  Rate   Non-WC All WC Product Education Replenishment Birthday 57.5% Open Rate 5.6% Click Rate Automated, Personalized Standard Promotions 20.3% Open Rate 4.1% Click Rate + 183% Increase in Opens + 37% Increase in Clicks
  • 32. 9  Pillars  of  Customer  RetenEon   ANALYZE CONNECT THANK REWARD GET MORE WIN BACKEVANGELIZE LISTEN ACQUIRE
  • 34. 34   Retention, Perfectly Brewed How CoffeeForLess makes $1MM+ a year from Data-Driven Lifecycle Emails
  • 35. 35   Retention, Perfectly Brewed Working Person’s Store makes over $1MM a year by personalizing product recommendation emails Heavy Duty Personalization
  • 36. 36   Smooth Segmentation SkinMedix sees over 50x ROI by segmenting weekly emails and automating customer retention
  • 37. 37   MILLION DOLLAR CIRCLE Driving Real ROI from Retention Automation 50x  ROI   Congratulations to these 3 retailers making over $1MM a year from Retention Automation 66%   125%   increase  in   opens   increase  in   clicks   3x  the  opens  
  • 38. 38   Download the Case Studies Today www.windsorcircle.com/onemillion