YOUR RETAIL BUSINESS CAN DO BETTER · 80% of Baby Boomers think it’s frustrating being tied to...
Transcript of YOUR RETAIL BUSINESS CAN DO BETTER · 80% of Baby Boomers think it’s frustrating being tied to...
YOUR RETAIL BUSINESSCAN DOBETTER5 Ways SMS Can Drive More Profitable Customer Engagement
The quality, convenience
and usefulness of the
consumer experience
provided by online
retailers directly impacts
customer retention,
loyalty and share of
wallet. A big part
of providing such a
seamless retail journey
is allowing consumers
to use familiar, everyday
technologies, like SMS,
to browse, shop, buy and
place orders.
Don't Get Lost in the Noise.
Text messages reach almost twice as many customers as any other mobile marketing medium.
Source: Ericsson Mobility Report 2017.
Text is the most widely and frequently used app on a smartphone, with 97% of Americans texting at least once a day.
Source: Pew Research Center. U.S. Smartphone Use in 2015
97%2x
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SMS Captures Consumers' Attention.
More than 90% of text messages are read within three minutes.
Source: ConnectMogul. Texting Statistics
3 min.
Over 82% of consumers surveyed say they open every SMS text message they receive.
Source: Shift Communications. What is the Open Rate of SMS Text Messaging?
Response rates from text are 209% higher than those from phone calls.
Source: Crucial New Study Brings Light to Franchise Texting. 2016.
209%
82%
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The New Payment Channel.
SMS is the perfect
channel to initiate remote
mobile payments or
deliver hyperlinks to
secure mobile apps that
enable customers to carry
out transactions and then
get on with their day.
Once a purchase has
been made, businesses
can send receipts and
payment confirmations all
in the same SMS thread,
so there is no need for
customers to move to a
different channel or take
any extra steps.
56% of smartphone users would be more encouraged to make a payment via mobile phone if it was as simple as paying with a single click.
Source: Oxygen8. Focus: Financial Services
Approximately 50% of consumers in the U.S. make direct purchases after receiving a branded text, QR code or discount coupon.
Source: 10 Amazing SMS Marketing Facts and Stats
50%
56%
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79% of Millennials said mobile devices introduced them to a new brand or product.
75% of Millennials chose texting over talking.
Source: OpenMarket. Why Millennials Still Love Text.
Embrace the Millennial Mindset.
Source: Current Trends Among Millennials and Online Shopping.
Millennials would rather
text with a business than
talk because they have
more control over the
interaction and view phone
calls as intrusive. In fact,
smartphone users aged 18-
24 send and receive almost
4,000 texts per month.1
Why is it so important for
retail businesses to focus
on Millennials? Because
Millennials are first-
generation digital natives,
and they will total more
than $1.4 trillion in spending
power by 2020.2
1. MarketingCharts. 18-24-Year-Old Smartphone Owners Send and Receive Almost 4K Texts Per Month.
2. NewsCred. The Millennial Mind: How Content Drives Brand Loyalty.
VS.
75%
79%
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80% of Baby Boomers think it’s frustrating being tied to the phone or computer for customer service.
By 2020, 67% of 65+ seniors who use the internet will also have a smartphone.
Millennials aren’t the
only digital disruptors.
Seniors actually rival them
when it comes to digital
engagement. With more
and more older adults
finding their comfort zone
in the digital arena, it is up
to brands to reach out and
engage this essential and
fast-growing Baby Boomer
market before a competitor
does — and wins and keeps
their loyalty.
Empower Savvy Seniors.
Source: Accenture. Seniors Use Digital Channels and Expect Very Specific Things Across These Channels.
Source: OneReach. The High Demand for Customer Service via Text Message.
67%80%
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75% of people like offers sent via text.
59% of consumers said their opinion of a retailer would shift positively if they received offers that could be saved on their mobile devices.
Source: Consumers Prefer Retailers that Offer Mobile Coupons.
Consumers open mobile apps on a whim. SMS, on the other
hand, lets businesses proactively reach out to customers with
personalized offers based on past purchases, such as the
newest version of their favorite running shoe or sports watch.
SMS can also be used to provide rewards program updates in
an easy-to-access channel that doesn’t require them to log in
to their account or email.
SOLUTION #1. SMS PERSONALIZATION
Source: Digital Marketing Magazine. 7 Key Statistics for SMS Marketing.
59%
SMS produces engagement rates six to eight times higher than retailers normally achieve via email marketing.
Source: SMS Has Eight Times the Response Rate of Email: Study
6-8xHELLO
MY NAME IS:
75%
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91% of users who opted-in to receive texts from a brand see those messages as somewhat or very useful.
Push notification open rates range between 47-80%.
Source: Thanx. Push Notification Open Rate Statistics.SMS can be used at each stage of the customer’s shopping
and ordering process -- and beyond. Personalized alerts and
reminders about product availability, shipping information and
purchase history can go a long way toward keeping customers
happily engaged. Plus, it’s simply easier to check a text
message than log into a website or app.
SOLUTION #2. AUTOMATED REMINDERS & NOTIFICATIONS
Source: Salesforce. Mobile Behavior Report.
47-80%
91%
More than 50% choose SMS to receive delivery updates.
Source: InternetRetailing. Think Text If You Want to Reach Customers in Real Time, Study Suggests.
50%
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Consumers are looking for the capability to do more than just
reply to businesses with one-word responses such as “yes”
or “no”. With interactive text response and natural language
understanding technology, businesses can deliver natural,
conversational text responses and messages to customers.
Businesses can also use SMS to deliver hyperlinks that direct
them to informative videos and pictures on social channels such
as YouTube, Facebook, Twitter and Snapchat.
SOLUTION #3. CONVERSATIONAL ENGAGEMENT
40% of global YouTube views are on a mobile device.
Source: Forbes. SMS Marketing: Start with Service and Add Promotion Carefully.
Source: More than 40 percent of YouTube traffic now comes from mobile.
70%
40%
70% of respondents agree that using SMS text messaging is a good way for an organization to get their attention.
70% of consumers found all types of push notifications, including order updates and location-based messages, to be valuable.
Source: Responsys. Give Mobile Marketing a Push.
70%
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50% customers would rather text a customer support agent instead of using other available options.
44% of consumers prefer to press a button and initiate a text conversation, rather than wait on hold with an agent.
Source: Harris. Can Text Messaging Boost Custsomer Engagement?
Sometimes not everything goes according to plan: deliveries
are misplaced; items turn up damaged—and customers want
a refund or need to return an order. Whatever happens,
business can set themselves apart from the competition
by enabling customers to receive help on a channel that is
best suited to the issue they're trying to resolve and is most
convenient for them.
SOLUTION #4. BETTER SERVICE & SUPPORT
Source: eWeek. Consumers Like Using Text Messages to Solve Customer Service Issues.
44%
50%
?
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SOLUTION #5. IMPROVED CONVENIENCE THROUGH EASE OF USE
Keeping customers happy and loyal is simply good business.
Investing in self-service based technologies, such as SMS,
makes things easier for customers; ultimately leading to
increased sales and spawning brand advocates. With SMS,
consumers can get things done fast just by making a simple
‘yes’ or ‘no’ decision; and unlike apps, SMS enables customers
to complete multiple tasks in one place.
50% of U.S. consumers make direct purchases after receiving an SMS from a brand.
Only about 10% of SMS marketing messages received are considered spam.
Source: Borrell.
Source: Moto Message.
10%
50%
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Integrate SMS into Customer EngagementBusinesses can fully leverage the power of SMS by integrating it with all other
aspects of their consumer engagement technology. SMS interactions can be
fully automated around simple tasks and can connect customers to real-time
information – at a low cost.
Demo: eCommerce Solutions — Pre- and Post-Sale Experience
Video: Transformative Retail Experiences - Know Your Customers
Ready to find out how SMS can benefit your organization? Let’s talk!
CONTACT USTRY ITSEE IT
Experience how Aspect's SMS solutions work to
achieve better retail business outcomes.
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