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How to find more
 customers through
email marketing (and
    social media)


                       Michael Leander
                       • leander@michaelleander.com
                       • mLn@fokusintegrated.com
For more like this – get newsletter, click on link:
http://michaelleander.com/newsletter.html
The goal for any marketer in 1997, 2012?

   Relevant offer      A   B    C        D




   Target




   Effective channel




   Right timing                  April
                                  14


                                             3
Invest 1 US$ get 43 US$ back
This is what is happening
70%

60%

50%

40%
                                   OpenRate
30%                                CTR

20%

10%

 0%
      2000    2004   2007   2010
TIP: check your database frequently



           Never active    50-90% are never active !




           Seldom active


                Active
              frequently
               Always
               active
Targeting
A              B              C
 CTR: 26,22%      CTR: 5%       CTR: 10,32




   A              B              C
Which one performed best in terms of CTR?
10
Who is Michael Leander?
My background related to email marketing

- First email campaign in 1995
- Consulting internationally since 2002
- Acquired ESP & build to market leader, now sold
- Judge at Direct Marketing Awards in Europe & Africa
- Chairman of FIMAC (FEDMA’s Email Marketing Benchmark)




                                                          11
Email Marketing Basics
The purpose of email
  marketing is to acquire,
convert, sustain and grow
 customers whom then in
  turn will attract other
    customers’ through
         referrals
Where in the customer lifecycle can you
                  use email marketing?
                   Acquisition       Convert         Retention          Win-Back
High

                                                       Loyalty
 Customer value




                                                      programs




                                         Sell      Profiling




                                                  Newsletters / OTS
                                                (stimulate & educate)       Win-Back
                    Opt-in
Low


                                 Lifecycle of a customer
Overcoming
typical
barriers
Consumers are exposed to 3.000
  6.000 marketing messages every day
 mobile marketing user   generated content email
      marketing Enterprise 2.0 customer experience
   RSS feeds marketing web 2.0 permission
      marketing communities conversations TV
COMMUNICATION OVERLOAD The Moment of truth
    push/pull web 3.0     Word of Mouth
       RELEVANCE FREQUENCY RECENCY
  SOCIAL             NETWORKING
                                                     16
Short attention span, loads of intrusion
- how do you cut through the clutter?
Email marketing can hurt your
reputation                      Reputation is “the
                                result of what
                                you do, what you
                                say, and what
                                other people say
                                about you”
Manage Expectations
Change of mindset:
From inbox to mindbox focus
Getting critical mass in subscribers
25
            GROWTH IN SUBSCRIBERS

20


15


10


5


0
      Time Time Time Year 1 Time Time Time Year 2 Time Time Time Time Time Time
How would you spend 100%?

     Content of
                         Target group
    messages/offer
     40%                        40%
                  100%
     10%                        10%
       Creative      Deliverability
Get more
• Get the slides and a 5 step guide to get
  started with email marketing

• Give me your business card or a note with
  your name and email address

• Or write leander@michaelleander.com
5 questions
 you must
answer first

               PART 1
                27
The war of the inbox/mindbox
    starts pre acquisition

 At the back of their mind, your audience thinks
 - too many emails in the inbox
 - not enough time to read info
 - concerns about how you treat their information
 - is it worth the time and effort?
 - can you be trusted? Are you telling the truth?
 - what’s the catch?

 Welcome to the war of the inbox / mindbox
What are you trying to acquire permission
for? Are you going to be smart about
this?
        L                                   H

                        Send offers and
                          promotions




1
      Volume                               Recipient
      indicator
                        Send newsletters   engagement



                        Send Alerts and
                           updates

        H                                   L

                                                   29
Prioritize: Whom are your most important
permissions?




2                   (c) Michael Leander
                    Nielsen, 2009




                                           32
Whom exactly are you intending to
    engage?
        B2B                                                      B2C

           Top                                CEO
        management


          Middle                 CTO                  CMO
        management




2
                                                    Marketing
        Operational   DB Admin         Programmer
                                                    asssistant




                             How do you plan to differentiate your messaging
                            to accommodate different recipients needs and to
                                     be RELEVANT to the recipient?
a
                                                                               33
How are you going to use email
marketing to support your selling process
aligned with customer buying process?




2
b
                                            34
Customer lifecycle marketing automation
Differentiated approach addresses different needs
                                                             SMS/Email
                                       6     Travel &
                                            experience                             Excursions
                                                                                   Car rental
                   7 Comming                                     5    Arrival 1.
 Recommend              home                                         destination
  to friends

                                                                                                       Transactional
                 8 Evaluation        Example                         4
                                                                         Departure
                                                                                                        Behavioral
                    & Reliving                                                                           Targeted
                                      Travel
                                                         3     Past Sale      Insurance
                                                             Pre Departure    Car rental
  1                              2
      Pre Sale                       Sale
                                                                                            9     Next
                                                                                                Pre Sale


      Profiling and knowledge of where the customer is in the ”wheel”
        opens up for a coordinated and relevant dialogue before sale,
                              during and after
Your objectives for email permission marketing
                      •   Build relationship                    Success defined by
                      •   Sell more stuff (cross-sell/upsell)
                      •   Profile customers                                    Repeat
         Customers                                                Sales
                      •   Expand touch points with customers                  Business




                      •   Initiate and build relationship
                      •   Customer acquisition                  Success defined by




3
                      •   Profile prospects
                                                                Convert to
         Prospects    •   Survey prospects                      customer
                                                                                CTR




                      • Create referral mechanisms
                      • Re-activate lost customers (win-back    Success defined by
         Churners +     activities)
           others                                               # referrals   Win-back




                                                                                         36
Effect & ROMI
                                             Emails sent
 Measuring effect/results
  CTR - Click Through Rate (# unique
   clicks)                                  Emails opened

  MWR - Most Wanted Response,
   successrate                              Emails clicked
  ERR - Effective Response Rate (#
   have purchased                           Pages visited-
   or reacted to offer)                       browsed
  Referral effect (such as tip a friend)
                                               Call-to-
                                               action


 What was saved?                                 YES



 What was earned?

                                                             37
Content interest
revealed through
tracking
How much are you willing to invest?
The price of acquiring a permission depends on how
much information you require
       B2C – level of profiling   B2B – level of profiling     Acquisition
                                                               cost
       Email address only         Email address only           0,25 to ?

       + First name, last name,   + First name, last name,     Add money
       gender                     position




4
       + Postal address           + Postal address             Add money

       + Telephone/mobile         + Telephone/mobile           Add money

       + Info about buying intend + info about buying intend   Add money

       + Special interests /      + Special interests /        Add money
       qualifying information     qualifying information



                                                                             39
Landingpage

Unique
Email marketing
Proposition         Free
                    gift


                  Benefits +
                   content
                   concept
   Customize ->
    show care
      about
    relevancy

                  Re-confirm
                     USP
Which page generated most registrations?


  275 conversions         110 conversions




    Landing page #1            Landing page #2
What to consider for your landing page
and variations of sign-up form
•   Headline
•   Long Copy vs. Short Copy
•   Credibility Logos
•   Security Assurance
•   Banner Present vs. Not Present
•   Submit Button / Order Button Text
•   Audio / Video Message
•   Testimonials
•   Urgency
•   Price
Cheapest acquisition channel

                    95% of visitors leave quickly

           Fact: You have 8 seconds to engage




(c) Michael Leander Nielsen,
                                                    43
Does Size Really Matter When It Comes to
Email Opt-In Form Overlays?




     Got + 8,8% increase




 A                         B




                                           47
Integrate call to actions


                       15%

               85%
First impressions last !
• What is so special about the first hour after
  somebody signs up to your email
  communcation?

• Where is your opportunity ?
You’ve got a new ”permission” –
now treat her nice with a welcome program



Welcome
email with                  5 days later                   First
  offer                        e-mail                    newsletter                  And so on




             1 day later:                    10 days                  Satisfaction
              Our most                     later email                  survey;
               popular                                                how are we
               stories                                                doing, how
               (offers,                                                 can we
             videos etc)                                              improve, is
                                                                      this for you
Reaffirm
                    the value you
                    offer
Push profile
update – increase
knowledge


Give a reason to
respond now
Your content concept and your email
value proposition
       Article                      Special
                   Promotions
      content                       events

         Special      Exclusive     Subscriber
        interest       offers       only events




5       Advice,
        guides
                     First to get
                         info

                       Special
                      coupons
                                        ?




                                                  52
Think like a publisher !
Bil vask, baby


(c) Michael Leander   54
Intro links
                        Functional links

Intro story



                        Survey or result



                       Can be
                   differentiated
”Products”        based on profile




                       Activate profiling


  ”Article”

                   Sender branding
”more articles”

                   Functional links

                                            55
Test formats
BALANCE STREAM
                      27



                       18

                 22

                  21

                       0
                           29

                 39

                       41
                           14

                  34
Test subject lines (A/B split)

A. Get two brand new articles about branding
B. News in a flash – articles about branding

A -> 32%
B -> 42%
Include share buttons and links
in your email communication – engage !
“Email messages that include a social media
  sharing option generate a 30% higher click-
  through rate (CTR) than those without
  sharing options- and messages with three or
  more sharing options generate a 55% higher
  CTR. “
 Email Marketing and Social Media Integration Report" (2010)
-> Link opens message
in social network
-> Default text to share
-> Track # of shares
-> Track # of conversions
T: twitter.com/michaelleander
M: +45 27 28 29 53
E: leander@michaelleander.com

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Ljubljana: Michael Leander at Lisac & Lisac Tom Schreiter event

  • 1. How to find more customers through email marketing (and social media) Michael Leander • leander@michaelleander.com • mLn@fokusintegrated.com
  • 2. For more like this – get newsletter, click on link: http://michaelleander.com/newsletter.html
  • 3. The goal for any marketer in 1997, 2012? Relevant offer A B C D Target Effective channel Right timing April 14 3
  • 4. Invest 1 US$ get 43 US$ back
  • 5. This is what is happening 70% 60% 50% 40% OpenRate 30% CTR 20% 10% 0% 2000 2004 2007 2010
  • 6. TIP: check your database frequently Never active 50-90% are never active ! Seldom active Active frequently Always active
  • 8. A B C CTR: 26,22% CTR: 5% CTR: 10,32 A B C Which one performed best in terms of CTR?
  • 9.
  • 10. 10
  • 11. Who is Michael Leander? My background related to email marketing - First email campaign in 1995 - Consulting internationally since 2002 - Acquired ESP & build to market leader, now sold - Judge at Direct Marketing Awards in Europe & Africa - Chairman of FIMAC (FEDMA’s Email Marketing Benchmark) 11
  • 13. The purpose of email marketing is to acquire, convert, sustain and grow customers whom then in turn will attract other customers’ through referrals
  • 14. Where in the customer lifecycle can you use email marketing? Acquisition Convert Retention Win-Back High Loyalty Customer value programs Sell Profiling Newsletters / OTS (stimulate & educate) Win-Back Opt-in Low Lifecycle of a customer
  • 16. Consumers are exposed to 3.000 6.000 marketing messages every day mobile marketing user generated content email marketing Enterprise 2.0 customer experience RSS feeds marketing web 2.0 permission marketing communities conversations TV COMMUNICATION OVERLOAD The Moment of truth push/pull web 3.0 Word of Mouth RELEVANCE FREQUENCY RECENCY SOCIAL NETWORKING 16
  • 17. Short attention span, loads of intrusion - how do you cut through the clutter?
  • 18.
  • 19.
  • 20. Email marketing can hurt your reputation Reputation is “the result of what you do, what you say, and what other people say about you”
  • 22. Change of mindset: From inbox to mindbox focus
  • 23.
  • 24. Getting critical mass in subscribers 25 GROWTH IN SUBSCRIBERS 20 15 10 5 0 Time Time Time Year 1 Time Time Time Year 2 Time Time Time Time Time Time
  • 25. How would you spend 100%? Content of Target group messages/offer 40% 40% 100% 10% 10% Creative Deliverability
  • 26. Get more • Get the slides and a 5 step guide to get started with email marketing • Give me your business card or a note with your name and email address • Or write leander@michaelleander.com
  • 27. 5 questions you must answer first PART 1 27
  • 28. The war of the inbox/mindbox starts pre acquisition At the back of their mind, your audience thinks - too many emails in the inbox - not enough time to read info - concerns about how you treat their information - is it worth the time and effort? - can you be trusted? Are you telling the truth? - what’s the catch? Welcome to the war of the inbox / mindbox
  • 29. What are you trying to acquire permission for? Are you going to be smart about this? L H Send offers and promotions 1 Volume Recipient indicator Send newsletters engagement Send Alerts and updates H L 29
  • 30.
  • 31.
  • 32. Prioritize: Whom are your most important permissions? 2 (c) Michael Leander Nielsen, 2009 32
  • 33. Whom exactly are you intending to engage? B2B B2C Top CEO management Middle CTO CMO management 2 Marketing Operational DB Admin Programmer asssistant How do you plan to differentiate your messaging to accommodate different recipients needs and to be RELEVANT to the recipient? a 33
  • 34. How are you going to use email marketing to support your selling process aligned with customer buying process? 2 b 34
  • 35. Customer lifecycle marketing automation Differentiated approach addresses different needs SMS/Email 6 Travel & experience Excursions Car rental 7 Comming 5 Arrival 1. Recommend home destination to friends Transactional 8 Evaluation Example 4 Departure Behavioral & Reliving Targeted Travel 3 Past Sale Insurance Pre Departure Car rental 1 2 Pre Sale Sale 9 Next Pre Sale Profiling and knowledge of where the customer is in the ”wheel” opens up for a coordinated and relevant dialogue before sale, during and after
  • 36. Your objectives for email permission marketing • Build relationship Success defined by • Sell more stuff (cross-sell/upsell) • Profile customers Repeat Customers Sales • Expand touch points with customers Business • Initiate and build relationship • Customer acquisition Success defined by 3 • Profile prospects Convert to Prospects • Survey prospects customer CTR • Create referral mechanisms • Re-activate lost customers (win-back Success defined by Churners + activities) others # referrals Win-back 36
  • 37. Effect & ROMI Emails sent Measuring effect/results  CTR - Click Through Rate (# unique clicks) Emails opened  MWR - Most Wanted Response, successrate Emails clicked  ERR - Effective Response Rate (# have purchased Pages visited- or reacted to offer) browsed  Referral effect (such as tip a friend) Call-to- action What was saved? YES What was earned? 37
  • 39. How much are you willing to invest? The price of acquiring a permission depends on how much information you require B2C – level of profiling B2B – level of profiling Acquisition cost Email address only Email address only 0,25 to ? + First name, last name, + First name, last name, Add money gender position 4 + Postal address + Postal address Add money + Telephone/mobile + Telephone/mobile Add money + Info about buying intend + info about buying intend Add money + Special interests / + Special interests / Add money qualifying information qualifying information 39
  • 40. Landingpage Unique Email marketing Proposition Free gift Benefits + content concept Customize -> show care about relevancy Re-confirm USP
  • 41. Which page generated most registrations? 275 conversions 110 conversions Landing page #1 Landing page #2
  • 42. What to consider for your landing page and variations of sign-up form • Headline • Long Copy vs. Short Copy • Credibility Logos • Security Assurance • Banner Present vs. Not Present • Submit Button / Order Button Text • Audio / Video Message • Testimonials • Urgency • Price
  • 43. Cheapest acquisition channel 95% of visitors leave quickly Fact: You have 8 seconds to engage (c) Michael Leander Nielsen, 43
  • 44.
  • 45.
  • 46.
  • 47. Does Size Really Matter When It Comes to Email Opt-In Form Overlays? Got + 8,8% increase A B 47
  • 48. Integrate call to actions 15% 85%
  • 49. First impressions last ! • What is so special about the first hour after somebody signs up to your email communcation? • Where is your opportunity ?
  • 50. You’ve got a new ”permission” – now treat her nice with a welcome program Welcome email with 5 days later First offer e-mail newsletter And so on 1 day later: 10 days Satisfaction Our most later email survey; popular how are we stories doing, how (offers, can we videos etc) improve, is this for you
  • 51. Reaffirm the value you offer Push profile update – increase knowledge Give a reason to respond now
  • 52. Your content concept and your email value proposition Article Special Promotions content events Special Exclusive Subscriber interest offers only events 5 Advice, guides First to get info Special coupons ? 52
  • 53. Think like a publisher !
  • 54. Bil vask, baby (c) Michael Leander 54
  • 55. Intro links Functional links Intro story Survey or result Can be differentiated ”Products” based on profile Activate profiling ”Article” Sender branding ”more articles” Functional links 55
  • 57. BALANCE STREAM 27 18 22 21 0 29 39 41 14 34
  • 58. Test subject lines (A/B split) A. Get two brand new articles about branding B. News in a flash – articles about branding A -> 32% B -> 42%
  • 59. Include share buttons and links in your email communication – engage ! “Email messages that include a social media sharing option generate a 30% higher click- through rate (CTR) than those without sharing options- and messages with three or more sharing options generate a 55% higher CTR. “ Email Marketing and Social Media Integration Report" (2010)
  • 60. -> Link opens message in social network -> Default text to share -> Track # of shares -> Track # of conversions
  • 61.
  • 62. T: twitter.com/michaelleander M: +45 27 28 29 53 E: leander@michaelleander.com