One Platform. Two Partners. Ten Thousand Villages -...

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556 ©2010. All rights reserved. This presentation may not be recorded, copied, distributed, or used without written consent from Listrak. One Platform. Two Partners. Ten Thousand Villages

Transcript of One Platform. Two Partners. Ten Thousand Villages -...

Page 1: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556 ©2010. All rights reserved. This presentation may not be recorded, copied, distributed, or used without written consent from Listrak.

One Platform. Two Partners.

Ten Thousand Villages

Page 2: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Speakers

Michael Harvey: COO - CorraTech

Ross Kramer: CEO - Listrak

Chris Fenwick: eCommerce Manager - Ten Thousand Villages

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Design, development,

strategy and

support for Multi-

Channel Commerce.

Page 4: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Page 5: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Page 6: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Strategy, Implementation, Support

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Email marketing for ecommerce

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Magento Industry Partner

• Acquire new customers

• Increase existing customer value

• Increase ecommerce revenue

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Magento Industry Partner

• Cart abandonment remarketing to registered and guest shoppers

• Email newsletter subscription and synchronization

• Post purchase messaging based on order/ship date

• Repurchase prompting campaigns

• Conversion tracking

• Order history analysis

• Catalog synchronization

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Ten Thousand Villages

• Founded in 1946

• The world’s oldest and largest Fair Trade retailer

• Marketplace for artisans worldwide

• 70+ retail outlets in the US

• About 300 Alliance shops

• Mission driven non-profit

www.tenthousandvillages.com

Page 12: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Business Goals

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Unique Requirements

• 70 retail stores

• Instore & online inventory…

• Instore & online gift registry…

• Instore and online gift certificates

• 130 artisan groups; 38 developing countries

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Solution Magento plus custom multi-channel

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Customization

70

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Store Locator

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Multi-Site

70 Retail stores

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Custom Listing Pages

Multi-website Store Fronts (70+ stores)

Quick-view and Add To Gift Registry Button on the listing pages

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Custom Checkout

Multi-website Store Fronts (70+ stores) Multiple Gift Cards, eCards, Coupons, Credit Cards on checkout page

Page 20: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Customizations

Multi-website Store Fronts (70+ stores) Instore Only Items for Registry

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Artisan Pages…

Multi-website Store Fronts (70+ stores) …Custom “product type” with custom theme

Page 22: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Results

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

The Face of Villages

• Artisan stories tied to products

• Retail stores front and center

• Merged instore and online inventory

• Quick sales and promotions

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Marketing Goals

• Grow ecommerce channel

• Manage data and messaging across multiple channels

• Targeted relevant messaging to audience

• Consistent communication across multiple locations

• Grow revenue from shopping cart abandonment

Page 25: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Multi-Channel Email Solutions • Subscriber managed email preferences

– Including ecommerce and local stores

• Retail Store Content Management

– Email Campaign Approval

– List Upload Tool

– Campaign Performance Reporting

• Automated, behaviorally triggered email campaigns

– Shopping Cart Abandonment

– Welcome Series

– Birthday campaigns

Page 26: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Store & birthday

capture

Select your

nearest store

Select your

travel destinations

Page 27: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Page 28: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Page 29: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Page 30: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Page 31: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Multi-channel integration

Locked

Templates

for

Store

Managers

Editable

content blocks

Page 32: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Birthday Email

Page 33: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

RESULTS

Open Rate: 44% Click Rate: 9%

Page 34: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Welcome Email

Page 35: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Messages

Open Rate

Click Thru Rate

Bounce Rate

Conversion Rate

1 Welcome #1 53% 15% 12% 2%

2 Welcome #2 40% 5% 3% 2%

Welcome Series Results

Beware of data quality from POS

Page 36: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Shopping Cart Abandonment

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Shopping Cart Abandonment

Shopper Abandons

Cart

Wait 3 Hours

1st

Email

Wait 2

Days

2nd

Email

3rd

Email

Wait 2

Days

10% Off 15% Off 15% Off

Last Chance

Page 38: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556 Source:

Listrak’s 3rd Annual Shopping Cart Abandonment Study of the Top 1000 Internet Retailers, October 2011

Missed Revenue Opportunity!

Page 39: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Message 1, 55% Message 2,

29%

Message 3, 16%

45% !!

Campaign Conversion Rates

Page 40: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Email Contains:

Dynamic Merchandising Personalization Clear Call to Action

Page 41: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

3 Campaigns = 1.4% of email volume

3 Campaigns = 15% of all email $$

Triggered Campaign Results

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email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

Results

• Seamless email strategy for recipients, retail stores and corporate HQ

• High engagement via welcome message series + birthday message

• 23-34% Conversion rate from Shopping Cart Abandonment campaign

Page 43: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

What’s next?

Page 44: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

What’s next?

• Grow email lists through pop-ups, mobile technology, partnerships and sweepstakes.

• Lifestyle Blog to enrich storytelling and increase relevant content for SEO.

• Increase conversions with personalization, rich content, “searchandising” and prominent reviews.

• Create eCommerce Customer Care Call Center tied into Magento’s customer data.

• Multi-Channel: Mobile Gift Registry App; Gift Cards; Print-friendly pages and better Gift Wrap options.

Page 45: One Platform. Two Partners. Ten Thousand Villages - Magentoinfo2.magento.com/rs/magentoenterprise/images... · Magento Industry Partner ... 10% Off 15% Off Last Chance . ... Listrak’s

email [email protected] web www.listrak.com twitter @listrak phone 877.362.4556

THANK YOU!

For more information [email protected]

[email protected] [email protected]

Wrap Up & Questions