Delivered by Kath Pay, CEO of Holistic Email Marketing, at Figaro Digital's Email Marketing & CRM Seminar on Thursday 9 February 2017.
Aimed at marketing professionals looking to push the power of their email marketing, this session reveals how to leverage the testing ability of your emails to improve the performance of your other marketing acquisition and conversion channels. You will learn how to build a hypothesis into your emails, to drive the actions that provide the answers you're looking for. As well as how to use a push channel such as email to inform and improve pull channel performance. Plus, tactics to test for long-term results as well as short-term results.
6. Using the actual numbers, let’s look
at them in some pretty graphs
Spend
Social 6.52%
Email 3.22%
Display 36.02%
Search 43.49%
Orders
Social 1.50%
Email 18.40%
Display 1.10%
Search 41.80%
Forester Custora
10. What if?
• Image of girl with ???? Or person with surprised (happy) face
11.
12. Why test?
You want to find out what resonates with your prospects and
customers, so they’re more likely to action your objective.
Simple!
13.
14. Adhoc testing
Definition:
Random, occasional test of a factor with the
aim of determining which version delivers the
best result. No methodology or hypothesis is
used in this process.
15. Let’s test the subject line!
Control: Our sale is on now!
Get 15% off today!
Variant: Our sale is on today!
Get 15% off now!
16. Holistic testing
Definition:
This is a regularly-performed test based on a
hypothesis, with the two-fold aim of not only
finding out which version delivers the best
result, but also aims to discover insights about
the audience.
17. What makes my audience tick?
Hypothesis:
Loss aversion copy is a stronger motivator towards
conversions than benefit-led copy because people
hate losing out more than they enjoy benefiting.
Control: Our sale is on now!
Get 15% off today!
Variant: 15% off today only.
Don’t miss out!
18. Who makes up your email database?
Your Target Market!
19. Your database is your target market!
Use #email as your primary testing
tool & roll out findings to other
channels @kathpay @Figaro_Digital
Tweet this
21. Adhoc Testing Objectives
1. Gain an immediate uplift in an
email campaign
Holistic Testing Objectives
1. Gain an immediate uplift in
conversions of an email campaign
2. Gain insights into your customers
that can be used within your other
channels & increase revenue
across the board
3. Make the email channel the main
channel for testing & bring
additional budget & resources to it
26. It needs to centre around 3 main
things
1. Presumed problem
2. Proposed solution
3. Anticipated result (and reason why)
27. A Hypothesis can be proved or
disproved
A hypothesis pretty much says, “I think by making this change,
it will cause this effect.” So, based on your results, you should
be able to say “this is true” or “this is false.”….
BECAUSE.......
28. Let’s look at some hypotheses to use
in email
Hypothesis Factor tested Channels to roll it out to
Emotional question will generate more sales
than a directive statement
Subject line, CTA,
title, copy
Website, landing page,
banner ads, PPC ads, social
media, retargeting ads
Double Loyalty points will generate more sales
than 15% loyalty points
Subject line, CTA,
title, copy
Website, landing page,
retargeting ads, social
media
Emotive image of person smiling & wearing
outfit will generate more sales than image
displaying outfit laid out.
image Website, landing page,
banner ads, Social media,
retargeting ads
30. When you use a hypothesis to
test #email you’re not
restricted to testing the same
element. The hypothesis
stands @kathpay
@Figaro_Digital
Tweet this
32. Focus on & measure the correct
metric!
A: Increased total orders by 21%
And revenue by 35%, even though A had a 10.5% lower open
rate than B.
Sent 50/50 split test over 4 weeks to abandoners
Source: Native Remedies
A Reminder: Items Saved in Your Cart – Shop Now for an
Extra 10% off
B Come back and Save an Extra 10%
35. Metrics & Fields to include
• Total Sent
• Open Rate
• Click to Open Rate
• Products purchased
• Conversion Rate
• AOV
• Statistical Confidence
• Conclusion
• Recommendation
37. Test hypothesis multiple times
• Because you’re performing hypothesis-led tests you can:
• Use different wording
• Potentially use multiple factors
43. Aggregation of marginal gains
The BG cycling team’s winning philosophy is ‘aggregation of
marginal gains’: Get a lot of small things right, put them
together, and they add up to a significant gain
www.guardian.co.uk/sport/2008/aug/14/olympics2008.olypmicscycling1
http://www.teamsky.com/article/0,27290,17547_5792058,00.html
“It means taking the 1% from everything
you do; finding a 1% margin for
improvement in everything you do.”
48. It’s a cycle of
continuous
learning
Identify your
objective
Have a desire to
know your customers
Identify a question or
pain
Create your
hypothesis
Select the factor to
test
Test in email
Identify your success
metric
Analyze & Learn
Apply to appropriate
channels
Bring value & ££ into
email