SlideShare a Scribd company logo
DMA Mobile & Digital Community Webinar
Series
We will be starting at the top of the hour.
You will not hear anything until we start.
Your Customers:
You Got’em, Now Keep’em
Led by:
Pierre Barbeau, CEO, Moblico
Vanessa Pino, Content & Inbound Marketing Director, 1800PetMeds
Mobile & Digital COMMUNITY MEMBERS…
» LEARNING & NETWORKING
&THEN17 Conference in New Orleans, LA, October
Regional Roundtables – ½ day of learning & networking
» 2017 Analytics Journal is in the Bookstore – free download to members
» RESOURCES – Top 10 Mobile Tips for Marketers and other member-submitted articles, white
papers, videos; post for ADVANCE blog
» Be a speaker—present an application-based topic or case study. Submit your ideas to
DMACommunities@thedma.org for consideration!
» Build your resume – volunteer for this Leadership Council to help build content and make
important connections. Get involved!
» Feedback - Questions: Email DMACOMMUNITIES@THEDMA.ORG
» Website – THEDMA.ORG/datacommunity
2
Overview
3
» Why retention matters?
» Attitudes towards loyalty programs?
» What data plays a pivotal part in retention efforts?
» Data-driven initiatives to retain customers and grow
your business?
Retention - Where’s the Respect?
Retain vs Acquire
5
» Costs 5x as much to acquire a customer than to
retain a custom (Invesp)
» 44% of companies have a greater focus on customer
acquisition vs. 18% that focus on retention (Invesp)
» Probability of selling to an existing customer
60%-70% vs probability to sell to new customer 5% -
20% (Invesp)
» 89% of companies see customer experience as a key
factor in driving customer loyalty and retention
(Invesp)
» A 5 percent increase in retention yields profit
increases of 25% to 95% (Small Business Trends)
Popularity of Loyalty Programs
6
» 70% of shoppers said they belonged to between one
and five non-grocery loyalty programs (CodeBroker)
» Loyalty Program enrollment has grown by 31% over
the last four years (Bond)
» 64% of brands reported an increase in loyalty
program membership over the last year (3CInteractive)
» 87% of large companies stated customer experience
efforts had a positive business impact (Temkin Group)
Actionable Data > Better Experience
» Demographic - Gender/Age/Income
» Behavior* - Views/Clicks/Scans
» Feedback - Surveys
» Location* - Geo-Fence/Beacons
» Transactions* - Amount/Product SKU
*Recency and Frequency
7
Micro-Market Retail: Targeted Deals
8
Casual Dining: Pay-at-Table Offers
9
B-to-B Distribution: Perks/Incentives
10
Surprising and Delighting since 1996
11
All orders receive a free “treat”
Timely Events/Holidays + Product Giveaways
12
Golden Bone Card
13
Incentivize
Incentivize
Re-Engage
16
Pet Wellness E-mail
Listen to Customer Feedback
Conclusion
18
» Be Where Your Customers Are
» Offer Incentives
» Invest in the Customer Experience
» Optimize with Measurable Tests and Experiments
» Solicit Feedback
DMA Mobile & Digital Community Webinar
Series
Thank You
Stay in Touch
Pierre Barbeau, moblico.com, pierre@moblico.com
Vanessa Pino, 1800PetMeds.com, vpino@1800petmeds.com

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Your Customers: You Got’em, Now Keep’em

  • 1. DMA Mobile & Digital Community Webinar Series We will be starting at the top of the hour. You will not hear anything until we start. Your Customers: You Got’em, Now Keep’em Led by: Pierre Barbeau, CEO, Moblico Vanessa Pino, Content & Inbound Marketing Director, 1800PetMeds
  • 2. Mobile & Digital COMMUNITY MEMBERS… » LEARNING & NETWORKING &THEN17 Conference in New Orleans, LA, October Regional Roundtables – ½ day of learning & networking » 2017 Analytics Journal is in the Bookstore – free download to members » RESOURCES – Top 10 Mobile Tips for Marketers and other member-submitted articles, white papers, videos; post for ADVANCE blog » Be a speaker—present an application-based topic or case study. Submit your ideas to DMACommunities@thedma.org for consideration! » Build your resume – volunteer for this Leadership Council to help build content and make important connections. Get involved! » Feedback - Questions: Email DMACOMMUNITIES@THEDMA.ORG » Website – THEDMA.ORG/datacommunity 2
  • 3. Overview 3 » Why retention matters? » Attitudes towards loyalty programs? » What data plays a pivotal part in retention efforts? » Data-driven initiatives to retain customers and grow your business?
  • 4. Retention - Where’s the Respect?
  • 5. Retain vs Acquire 5 » Costs 5x as much to acquire a customer than to retain a custom (Invesp) » 44% of companies have a greater focus on customer acquisition vs. 18% that focus on retention (Invesp) » Probability of selling to an existing customer 60%-70% vs probability to sell to new customer 5% - 20% (Invesp) » 89% of companies see customer experience as a key factor in driving customer loyalty and retention (Invesp) » A 5 percent increase in retention yields profit increases of 25% to 95% (Small Business Trends)
  • 6. Popularity of Loyalty Programs 6 » 70% of shoppers said they belonged to between one and five non-grocery loyalty programs (CodeBroker) » Loyalty Program enrollment has grown by 31% over the last four years (Bond) » 64% of brands reported an increase in loyalty program membership over the last year (3CInteractive) » 87% of large companies stated customer experience efforts had a positive business impact (Temkin Group)
  • 7. Actionable Data > Better Experience » Demographic - Gender/Age/Income » Behavior* - Views/Clicks/Scans » Feedback - Surveys » Location* - Geo-Fence/Beacons » Transactions* - Amount/Product SKU *Recency and Frequency 7
  • 11. Surprising and Delighting since 1996 11 All orders receive a free “treat”
  • 12. Timely Events/Holidays + Product Giveaways 12
  • 17. Listen to Customer Feedback
  • 18. Conclusion 18 » Be Where Your Customers Are » Offer Incentives » Invest in the Customer Experience » Optimize with Measurable Tests and Experiments » Solicit Feedback
  • 19. DMA Mobile & Digital Community Webinar Series Thank You Stay in Touch Pierre Barbeau, moblico.com, pierre@moblico.com Vanessa Pino, 1800PetMeds.com, vpino@1800petmeds.com