Customer Retention Through Digital Media Chris Sietsema Teach to Fish Digital
The Marketing Process Attraction Conversion Retention
The Marketing Process
 
 
Ongoing Conversation Here’s  More Info Come Back Welcome Purchase You  Might  Also Like
Acquiring new customers can cost five times more than satisfying and retaining current customers. 5
A 2% increase in customer retention has the same effect on profits as cutting costs by 10% 1/50
The average company loses 10% of its customers each year 10%
The customer  profitability  rate tends to increase over the life of a retained customer $ $ $ $
 
 
Pushing & Pulling PUSH “ Need?” Promotion Advertising Sales Active Engagement PULL Demand Search Word of Mouth Public Relations High Visibility
Store & Organize Records
Tools & Processes Simple Lists & Fish Bowls Contact Management Customer Relationship Management (CRM) Sales Force Automation (SFA) Place Customer  Records Here
 
Anatomy of an Email From Name Subject Line Pre-Header Body Link Tracking Unsubscribe Physical Address Header
Using a Template
Using a Template
Using a Template
Using a Template
Deliverability CAN SPAM Clearly Defined Physical Address Unsubscribe Option No Deception Your From Name No Funny Subject Lines
SPAM Filters FREE! Eliminate Debt Satisfaction Guaranteed Cash Bonus Information You Requested Meet Singles Join Millions While Supplies Last
For Every Client, A Filter Top Email Clients in 2009
Reasons People Opt Out No Relevance Too Much from You Too Much from Everybody Source: Marketing Sherpa Survey
Email Malpractice Image-Based Email Messages
Email Malpractice Image-Based Email Messages
Email Malpractice Dead Images
If you cannot measure it, you cannot improve it. - Lord Kelvin
Testing Procedures Split Your List A B
 
Testing Procedures From Name Subject Line Content Headlines Copy  Graphics Promotion Layout
Multivariate Testing Testing Procedures Subject Line From Line Promotion
Testing Procedures Promotion 1 From Line 1 Subject Line 1 Promotion 2 From Line 2 Subject Line 1 Promotion 2 From Line 1 Subject Line 2 Promotion 1 From Line 2 Subject Line 2
Lifecycle Marketing
Lifecycle Marketing Short Series of Messages Example:  Thanks & Welcome Features, Benefits, Case Studies, News Strong Call to Action, Promotion Works Well for: Big Ticket Items Motor Vehicles, Real Estate, $ervices
Lifecycle Marketing If  This , Then  That Example:  If  Trial , Then  Purchase If  Purchase , Then  You Might Also Like If  Visit , Then  Come Back If  Expire,  Then  Renew Works Well for: Ecommerce, Brick & Mortar, Subscriptions
Lifecycle Marketing Ongoing Provision of Value Example:  Here’s What Is New Attend Our Event Specials, Coupons, Promotions Works Well for: All Who Can Consistently Provide Value, Relevance
Measurement Delivery Rate  How Many Made It? Open Rate  How Many Were Opened? Click Rate  How Many Clicked In Total?  As a % of Opens? Unsubscribe Rate  How Many Opted Out Click Revenue
Measurement Industry Averages Delivery Rate – 94% Open Rate – 22% 24% for Consumer Products Click Rate – 6%  7.5% for Consumer Products Unsubscribe Rate – 27% Source: Epsilon.com
 
Mobile Basics Keywords & Shortcodes TEXT “WINNER” to 454545
Campaign Types
Norm the Gnome Text NORM to 411247
Some Ground Rules Incorporate Into Customer Experience Integrate with Other Programs/Systems Provide Value  Always Give a Sense of Exclusivity Respect Privacy Measure Overall & Current Subscribers Coupon Redemption Peaks & Valleys
 
Social Media Objectives
List = Fan Base
Invitations
Eliciting Feedback
Shopping & Coupons
Listening
 
Viral Viral is a thing that happens, not a thing that is.
List Segmentation Behavior, Personas, Interests Never  Purchased Single  Purchase Repeat Purchase Raving Fans
List Segmentation
Integration
Chris Sietsema [email_address] 480.389.5435 Twitter:  @sietsema LinkedIn:  http://linkedin.com/in/sietsema   Questions?
Slide-ography “ Come Back Soon” from Omar Omar on Flickr Creative Commons Stats on Slides 8-11 from  Leading on the Edge of Chaos , by Emmett C. Murphy and Mark A. Murphy  “ Cheers Boston 2005” from MECU on Flickr Creative Commons “ File Cabinets” from redjar on Flickr Creative Commons “ Yield Sign” from Eddie~S on Flickr Creative Commons Top Email Clients Chart from Campaign Monitor “ Tyrrhenian Sea and Solstice Sky ” from Danilo Pivato, NASA Astronomy Image of the Day “ Measuring Tape Sphere” from Nick Sayers on Flickr Creative Commons “ Smoke on the Water” from Marcin Chylinski on Flickr Creative Commons

Customer Retention Through Digital Media