072011 Golds Gym Convention Joel Book V2

62
How Smart Marketers are Using Digital Media to Attract, Engage, & Retain Customers 2011 Gold’s Gym Convention Presented by Joel Book, ExactTarget July 13, 2011

description

Keynote presentation to Gold\' Gym franchise owners at 2011 Gold\'s Gym Convention in Las Vegas

Transcript of 072011 Golds Gym Convention Joel Book V2

How Smart Marketers are Using Digital Media to Attract, Engage, & Retain Customers

2011 Gold’s Gym ConventionPresented by Joel Book, ExactTarget

July 13, 2011

Email+Socialis fueling customer engagement! @JoelBookof @ExactTarget

Joel BookExactTarget

Join the Conversation!

Joel Book: @joelbookExactTarget: @ExactTarget

More Than 4,500 Companies Use ExactTarget

<1990 1990s

FaxDirect MailTelephone

1999 2000s 2011TVRadioPrintDisplay

IMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline Display

IMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline DisplayPaid SearchLanding PagesMicrositesOnline VideoWebinarsAffiliate Marketing

Mobile EmailSMSIMEmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline DisplayPaid SearchLanding PagesMicrositesOnline VideoAffiliate MarketingWebinarsBlogsRSSPodcastsWikisSocial NetworksMobile Web

Mobile EmailSMS + MMSIM EmailFaxDirect MailTelephone

TVRadioPrintDisplayWebsiteSearchOnline DisplayPaid SearchLanding PagesMicrositesOnline VideoAffiliate MarketingWebinarsBlogsRSSPodcastsWikisSocial NetworksMobile WebBehavioralSocial Media AdsVirtual WorldsAppsQR Codes

Media [R]evolution

In 2011, 72% of marketers will increase spending on digital marketing.

More Budget for Digital Marketing

Source: The DMA“Digital Marketing Practices in the U.S. and Canada: Navigating the Digital Labyrinth”Research conducted by Ipsos Reid Marketing, and the Canadian Marketing Association (CMA)February, 2011

• Aids the Buying Process• Improves Service• Maximizes Retention

How Online Consumers Begin Their Day

58% of Online Consumers Begin the Day With Email.

Full report available at www.exacttarget.com/sff

Source: ExactTargetSUBSCRIBERS, FANS, & FOLLOWERS Report #1, Digital Morning

“Those who buy products marketed through email spend 138% more than non-readers of email.” Source: Forrester Research“E-Mail Marketing Comes of Age.”

The Customer Life Cycle

Product Awareness

Product Evaluation

Product Purchase

Product Usage

Brand Loyalty

Repurchase/Renewal

Once a person gives you permission . . . • Email aids the buying process.• Email drives repeat purchase, referrals.• Email keeps customers connected to your company.

Business Getting Business Keeping

Email Keeps You Connected with the Customer

93% of internet users turn to email to share content.Source: “Content is the Fuel of the Social Web”AOL and Nielsen Online, April 2011

EMAIL FUELS WORD OF MOUTH MARKETING

PAPA JOHN’S USES EMAIL TO DRIVE

REPEAT PURCHASE

BEST BUY STAYS CONNECTED WITH CUSTOMERS WELL

AFTER THE SALE

THE GOLD’S GYM “STRONG START”

CAMPAIGN GETS NEW MEMBERS ENGAGED

Dear Joel,

• Amplifies Your Message• Fuels the Conversation• Attracts New Customers

Social Media UsersFacebook: 620M Worldwide(1) / 116.8M U.S.(2)

Twitter: 190M Worldwide(1) / 16.4M U.S.(2)

LinkedIn: 100M Worldwide(3) / 49.0M U.S.(3)

YouTube: 2B Views/Day; Avg. View: 15 Min.(4)

Sources: (1) eConsultancy, (2) eMarketer, (3) LinkedIn, (4) YouTube

Social Media has Revolutionized the Way Brands are Defined

Whole Foods Leverages Twitter• 1,804,829 Followers • Tweets respond to customer questions, and invite customers to opt-in to Whole Foods’ email newsletter

Whole Foods Chicago Uses Twitter Too!• 5,473 Followers for @WholeFoodsCHI• Tweets highlight in-store events, promote special offers, and answer customer questions

Why Twitter?• 66% of Fortune 100 companies engage customers via Twitter• Twitter users are 2X more likely to engage with brands than users of other social networks

Meet & Greet Promotion

Merchandise Promotion

Race Tune-In Reminder

Fan Alert Promotion

Andretti Autosport will combine the speed of IZOD IndyCar Series racing and the real-time engagement of social media with the #27 Team car, driven by Mike Conway, at the Honda Indy Toronto and Edmonton Indy races on July 10 and July 24.

Featuring the team's Twitter handle @FollowAndretti, the car is a first in the series to prominently invite fans to interact with team drivers, strategists and crew on and off the track via Twitter.

• Engages Consumers • Delivers Exclusive Offers• A Service Differentiator

Smartphones Accelerate Mobile Marketing

Source: The Huffington Post(Based on IDC Report) February 8, 2011

Smartphones such as the iPhone from Apple are now outselling personal computers!

65.8 million people in the U.S. now own smartphones. Of these, 35.3% use apps.Source: comScore MobiLens2011 U.S. Mobile Subscriber Market ShareMarch , 2011

How Consumers Use their Smartphones

www.ExactTarget.com/sff

Belk Uses Mobile Updates to Promote Special In-Store Events and Sales

SCOTTS USES TEXT ALERTS TO REMIND CUSTOMERS

WHEN IT’S TIME TO APPLY SCOTTS PRODUCTS

THE GOLD’S GYM iPHONE APP KEEPS

MEMBERS FOCUSED ON ACHIEVING THEIR FITNESS OBJECTIVE

Best Use of Digital Media for Consumer Packaged

Goods Marketing

THE GRASS IS GREENERIF YOU’RE A SCOTTS CUSTOMER

At Scotts, it’s all about a Consistent Customer

Experience!• All website content - articles,

forums, videos, and product information - is regionalized

• One preference center drives website content, email content and text alerts

• One Content Management System (CMS) is used to personalize web and email content

Scotts.com Home Page

Content is Personalized based on:• Consumer’s Grass Type• Consumer’s Zip Code (Climate Zone)• Weed and Insect Problems

Scotts Uses Lawn Care Update. . .• To Educate Consumers • To Drive Traffic to Channel Partners• To Create Brand Advocates

Lawn Care Update• Started in Spring 2000• Subscribers: 1,500,000+• 355 unique geo-demographic versions

WHAT MAKES LAWN CARE UPDATE SO EFFECTIVE?

• Relevant Content• Exclusive offers• Links to Product Usage Tutorials• Personalized Recommendations• Social Sharing (Forward to a Friend)• It works! (*) (*)Lawn Care Update subscribers apply 1.1 more applications/year than non-subscribers

SCOTTS INVITES FACEBOOK FANS TO

BECOME SUBSCRIBERS.( And 50% Convert! )

“This is the largest program partnership we have ever done. The program helped drive double-digit growth for the category.” – Sr. Executive, Lowes

Best Use of Digital Media for Local Franchise or

Retailer Sales Support

Carmel12524 N. Gray RoadCarmel ,Indiana 46033(317) [email protected]

Map and Driving Directions

GYMBOREE USES EMAIL TO STAY CONNECTED WITH

MOMS & DADS

Elisabeth Rohm reads for Jumpstart’s Read for the Record at Gymboree Play & Music in Los Angeles

Gymboree Monthly Email Gymboree Blog: “Gymbo Buzz”

“We use our email newsletter to encourage Moms and Dads to visit our blog, “Gymbo Buzz.”

Our blog provides direct access to information about Gymboree Play & Music classes, including videos and comments from parents. This enables Moms and Dads to see the benefits of our classes on child development.”

Kathleen McFerrinGymboree Play & MusicRegional Field Consultant

Best Use of Email + Social Media to Promote Retail

Product Sales

Website visitors are invited to sign up for membership in the Heavy Duty Club

Milwaukee Tools created its own social network, the “Heavy Duty Club,” to provide members access to product information, videos, tips from users, rebates and promotions.

Heavy Duty News keeps Milwaukee Electric Tool connected with its customers

“Heavy Duty Club” members are

passionate about Milwaukee Tools .

Milwaukee Tools Launched METToolTV on YouTube in November 2008

To Date:• 76 Videos Uploaded• 381,165 Videos Viewed

Since Milwaukee Tools began using video to show its

tools in action, website traffic has

increased 36%!

VOLVO USES EMAIL TO HELP DEALERS SELL NEW EQUIPMENT

The Monthly eMail Newsletter delivers latest news on Volvo products and

services to 85,000 customers.

1. Dynamic Content – Volvo designed the email template to allow for dynamic content. Through integration with Microsoft CRM, Volvo changes articles and product news articles based on user interests.

2. Interactive Functionality – Adding video links has allowed Volvo to attract customers to product microsites, educate the buyer and generate leads.

3. Analytics – The analytics from this eMail are used for to capture customer insight and interests and aid re-design.

4. Performance Metrics– Average 12% Open Rate– Average a 7% Click Through Rate

VOLVO USES EMAIL TO HELP DEALERS SELL USED EQUIPMENT

1. Navigation – In its new design, Volvo added a Table of Contents section with links to articles and product news updates. These links have increased website traffic 30% and generated thousands of leads.

2. Content Syndication – Volvo dynamically displays used equipment based on subscriber preferences. Content syndication has reduced eMail build time by approximately 60% by automatically capturing content from websites.

3. Performance Metrics –– 75% Email Open Rate– 11% Click Through Rate– 20% increase in speed of equipment sales

The Remarketing Email is for select customers who request

used equipment alerts.

Volvo Construction Equipment’s e-marketing strategy helps dealers sell millions of dollars of equipment, parts, and service each year.

Marketing has shifted from a slow one-way broadcast to a high-speed interactive conversation.

One Size Fits All

Times Have Changed

Cross-Channel Integration is a Must

Managing the Customer Conversation Requires Integration of Outbound & Inbound Channels

Engaged Customers Buy More and Stay Longer

Thank You!Joel BookExactTarget, Inc.

[email protected]@JoelBookhttp://www.linkedin.com/in/joelbook