How to Get the Most out of your email campaign
Transcript of How to Get the Most out of your email campaign
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Shar VanBoskirkVice President, Principal Analyst, Forrester Research
Jose Santa AnaDirector of Marketing, Message Systems
How to Maximize Your Email Marketing Opportunity
July 29, 2014
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A link to the webinar replay will be provided via email following the presentation
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Participate in Today’s Discussion…Tweet #forrester
Follow us on Twitter@messagesystems
Follow us on LinkedinMessage Systems
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Using Email To Create Competitive Differentiation
Shar VanBoskirk, Vice President, Principal Analyst29 July 2014
How To Maximize Your Email Marketing Opportunity
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The digital economy is no longer about doing something old in a new way
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Digital will disrupt every industry
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Disruption isn’t new
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© 2013 Forrester Research, Inc. Reproduction Prohibited
Your only differentiator is customer relationships
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Do this by focusing on relationships
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Theme
Email is the best interactive tool for building brand relationships
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© 2012 Forrester Research, Inc. Reproduction Prohibited
Agenda
Why is it so important to do email well?How do marketers use email today?Where do existing email programs fall short?
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© 2012 Forrester Research, Inc. Reproduction Prohibited
Agenda
Why is it so important to do email well?How do marketers use email today?Where do existing email programs fall short?
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© 2012 Forrester Research, Inc. Reproduction Prohibited
Email is the single most cost-effective marketing tool
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Email marketing spend will grow at a 10% CAGR between 2011 and 2016.
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Email attitudes continue to climb
Base: US online adultsSource: North American Technographics Online Benchmark Survey, Q3 2012
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Users engage with promotional email
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© 2012 Forrester Research, Inc. Reproduction Prohibited
Multi channel customers are more valuable
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“Multichannel households average household spend of $832, versus just $385 for pure contact center and $360 for pure online.”--Epsilon Targeting
“Multi-channel banking customers result in cross sells of up to five products per customer compared to below two for single channel banking.”--Accenture
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© 2012 Forrester Research, Inc. Reproduction Prohibited
Agenda
Why is it so important to do email well?How do marketers use email today?Where do existing email programs fall short?
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Email is one of the most-used tactics Which of the following tactics does your company use?
Base: 395 US, UK, and Canada-based enterprise firms
Source: Forrester’s Digital Marketing Maturity Model Survey, Q3 2013
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It works for retention, sales, loyalty
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Most will increase or maintain email budgetsHow much do you expect your budgets for the following to increase or
decrease in 2014?
Base: 395 US, UK, and Canada-based enterprise firms
Source: Forrester’s Digital Marketing Maturity Model Survey, Q3 2013
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Marketers continue to grow email spendHow much do you expect your budgets for [email marketing] to
increase or decrease in 2014?
DecreaseStay the sameIncrease 10%Increase 20%Increase 30% or more
14%
43%20%
10%3%
Marketers will grow their email budgets 3.18% on average
Base: 395 US, UK, and Canada-based enterprise firms
Source: Forrester’s Digital Marketing Maturity Model Survey, Q3 2013
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Many will invest in new innovations
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Agenda
Why is it so important to do email well?How do marketers use email today?Where do existing email programs fall short?
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Balance user need with business goals
1) What do my users need? 2) What is my business goal for
email?
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Kraft saves time and sells product
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How do other emails strike a balance?
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Forrester has a review methodology to evaluate your own balance1. Business process evaluation
• Governance• Analytics• Process• Data
2. User experience evaluation• Subscription• Value• Presentation• Trust
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Criteria is evaluated on a -2 to a +2 scale -2 Complete fail: functionality does not -1 Fail: functionality exists but is difficult to use +1 Pass: functionality exists and is usable +2 Strong pass: functionality demonstrated is
best-in-class
Scores range from +30 to -30 +15 is a passing score
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Only 4 of 98 emails passed
Base: 98 emails
Source: The Best And Worst of Email Marketing, 2014, June 20, 2014
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Retail and CPG emails score the best
Base: 98 emails
Source: The Best And Worst of Email Marketing, 2014, June 20, 2014
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How to avoid common pitfalls
Make subscription process intuitive Enable social sharing within emails Support mobile-friendly formats Use preference centers to keep
addresses active
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Summary and recommendations
Digital is fundamentally disrupting business, not just marketing
Email can provide a key tool for managing disruption
Most marketers spend on email but don’t use it optimally
Improve by mastering your email business process and user experience
Message Systems will share other best practices
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Thank youShar [email protected]
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Jose Santa AnaDirector of Marketing, Message Systems
How to Maximize Your Email Marketing Opportunity
July 29, 2014
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Message Systems: The Leader in Messaging
20%
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Email / Marketing Services Providers
Social Networking
Daily Deals Telco Financial
ServicesConsumer
TechnologyTravel &
HospitalityPublishing
& MediaHosting & SaaS
Sampling of Key Clients by Market
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The Momentum Digital Messaging Solution
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Key Takeaways
Most marketers spend on email but don’t use it optimally
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© 2012 Forrester Research, Inc. Reproduction Prohibited
A better mix to optimize email spend?
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CreativeIntegrationAnalyticsDelivery 38%
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99 % EMAILS DELIVERED
22 % OPT-IN EMAILS NOT GETTING THRU
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FTP ESP Report 99% Delivery
RP Report 78% Delivery
• FTP Package of User and Content Data in ZIP file• Log Into ESP System To Manage/Send Campaign• ISP Filters Delivery To Inbox
• Delivery Data Reported to ESP• Engagement Data Reported ESP• Daily Data Bundle Downloaded
Your Company
Sending through an ESP
ESP ISP
Engagement Data
Delivery Data24-72 Hour Delay
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99 % EMAILS DELIVERED
22 % OPT-IN EMAILS NOT GETTING THRU
17 %ESP DEDICATED
INCREASED DELIVERY
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• Injects Events to Momentum• Momentum Manages Delivery to ISP• ISP Filters To Inbox • Delivery and Engagement Data Feeds to Momentum in Real-Time
Speed your engagement lifecycle and control your brand.
Sending with Momentum
ISP
Delivery Data
Engagement Data
Your Company
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Key Takeaways
Most marketers spend on email but don’t use it optimally
Moving from an ESP to a dedicated system improves deliverability by 17%
17% deliverability increase 30% revenue increase
Automate processes to optimize deliverability through technology
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Adaptive Delivery with Momentum
Patented technology that auto-tunes outbound email delivery parameters in real time to optimize delivery and safeguard reputation.• Mail stream segregation• Auto-tuned delivery parameters• Real-time traffic shaping• Real-time decision making, alerts and reports• Live rule updates• Configurable rules• Full FBL capabilities
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Adaptive Delivery Results10 point Deliverability Gain
FINANCIAL NEWSLETTER
Del
iver
abilit
y
April May June July August
0.85
0.90
0.95
AD Tuning Period
Source: Leading publisher/distributor of opt-in financial newsletters.
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Adaptive Delivery Results
INTERNATIONAL NEWSLETTER
Del
iver
abilit
y
April May June July August
0.85
0.90
0.95
• Deliverability Stabilized
• Manual Effort EliminatedAD Tuning Period
Source: Leading publisher/distributor of opt-in financial newsletters.
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Translates into Real Revenue Results
"When we have delivery and reputation issues, we know about them right away, and we can resolve problems proactively. Momentum with Adaptive Delivery has certainly had a positive impact on customer satisfaction….We’ve been sending nearly 60 million messages a week at 99.15% deliverability. It was as high as 99.3% last week!”
JAMES THOMPSONDIRECTOR OF EMAILOPERATIONS, INFUSIONSOFT
INCREASED REVENUE WITHOUT MS WITH MS CHANGE
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Key Takeaways
Most marketers spend on email but don’t use it optimally
Moving from an ESP to a dedicated system improves deliverability by 17%
17% deliverability increase 30% revenue increase
Automate processes to optimize deliverability through technology
Focus resources on improving the user experience
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Thank you!
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Follow us on Twitter: • @messagesystems
Follow us on Linkedin:• Message Systems
Visit Us• www.messagesystems.com
Contact Us• [email protected]