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© 2007 ExactTarget, All Rights Reserved Entire Presentation Copyright © 2003 - 2008  ExactTarget. All Rights Reserved. No portion of this presentation may be recreated, reprinted, distributed, published or represented without the written permission of ExactTarget. How Email has Revolutionized Direct Marketing Tactics and Techniques to Drive Sales and Keep Customers Connected to Your Brand Joel Book Director, eMarketing Education ExactTarget, Inc.
[object Object],About ExactTarget FOUNDED IN   2000 400+ EMPLOYEES 30 SALES OFFICES WORLDWIDE 6,000+ CLIENTS OVER 1 BILLION MONTHLY EMAILS
The Evolution of   Marketing Communication
< 1990 1990s Direct Mail Telephone 1999 2000s 2008 TV Radio Print Display IM Email Direct Mail Telephone TV Radio Print Display Website Search Online Display IM Email Direct Mail Telephone TV Radio Print Display Website Search Online Display Paid Search Landing Pages Microsites Online Video Webinars Affiliate Marketing Mobile Email SMS IM Email Direct Mail Telephone TV Radio Print Display Website Search Online Display Paid Search Landing Pages Microsites Online Video Affiliate Marketing Webinars Blogs RSS Podcasts Wikis Social Networks Mobile Web Addressable Voice Mobile Email SMS + MMS IM  Email Direct Mail Telephone TV Radio Print Display Website Search Online Display Paid Search Landing Pages Microsites Online Video Affiliate Marketing Webinars Blogs RSS Podcasts Wikis Social Networks Mobile Web Behavioral Social Media & Ads Virtual Worlds Widgets Twitter
The average consumer is exposed to  3000 ad messages  each day.
Welcome to the Digital Age of Direct Marketing
Websites have become the “Hub” of Marketing Trade Shows Sponsored Events Print Advertising Direct Mail Social Networks Broadcast Advertising Public Relations Webinars Search Engine Marketing Word of Mouth Online Advertisements Corporate  Blogs The Web
The Buying Process Begins with Website Visit “ 92% of business buyers go online to research products and suppliers.” Source: Forrester Research  (July, 2007)   “ 51% of consumers are researching on the Internet, then completing their purchases offline.” Source: Jupiter Research The Customer Life Cycle Interest Evaluation Purchase Usage Loyalty Re-Purchase Website Visit
WEBSITE SEARCH EMAIL “ Selling now takes more time and resources then ever before.  The average sales cycle has become  22% longer   as buyers are taking longer to consider their decisions.” Source: Sirius Decisions
Email Aids the Decision-Making Process The Customer Life Cycle Interest Evaluation Purchase Usage Loyalty Re-Purchase “ Those who buy products marketed through email   spend 138% more   than non-readers of email.”   Source: Forrester Research  “E-Mail Marketing Comes of Age.” ,[object Object],[object Object]
Email is Preferred for Direct Marketing Nearly  two-thirds  of US Internet users  made a purchase  because of a marketing message received  through email .  Source: ExactTarget  2008 Channel Preference Survey May 23, 2008
Email is #1 for ROI Source:  The Direct Marketing Association (DMA)  ,[object Object],[object Object]
5 Tips for Successful Email Marketing
[object Object],5 Tips to Maximize Response
*SOURCE: 2008 Spam Complaints Survey from Marketing Sherpa & Q Interactive  Consumers are Pushing Back 56% consider messages from known senders to be spam if they aren’t “interesting” 50% consider messages from known senders that are sent too frequently to be spam 48% are using “report spam” buttons for reasons other than to report unsolicited email
Subscribers Rule! Serve the subscriber’s  needs  … and they  will serve  yours
HP Sells the Value of Email Registration!
HP invites subscribers to identify preferences for newsletter content
HP explains why these questions are being asked.
HP Technology at Work ,[object Object],[object Object]
[object Object],[object Object],5 Tips to Maximize Response
Tests that Yield Highest ROI (2007-2008)
To Maximize ROI on ANY Campaign, Use the Following Optimization Sequence ,[object Object],[object Object],[object Object]
The form is lengthy and asks for 11 different pieces of information to subscribe to a “free” publication.  These extra fields and steps create friction, making it more time consuming and aggravating to complete the offer form. Original Landing Page Objective:  Drive Signup for Free Email Newsletter
The form has been reduced from 11 fields to just 3.  The flow of the entire page is shortened, thereby substantially reducing friction and increasing conversion.  If the additional fields are needed to deliver the final product or service, then move them to an incentivized post-conversion step. Optimized Landing Page
Align Landing Page and Email Creative ,[object Object],Landing Page Email
Engage with Eye-Catching Design  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Example: B-to-C
Engage with Eye-Catching Design  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Example: B-to-B
[object Object],[object Object],[object Object],5 Tips to Maximize Response
Segmentation Doubles Opens and Click Rates
[object Object],[object Object],[object Object],[object Object],My EMC Insight
My EMC Insight  ,[object Object],[object Object],[object Object],“ 83% of consumers want  more control  of what email content they receive.” Source:  MarketingSherpa, 2007 Subscription Center
How EMC Delivers Personalized Content ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Three Stages X 9 Tracks = 27 Different Pieces of Content for Each Issue.   My EMC Insight
[object Object],Market  First Prospects Registered Subscribers Defined Interests Content Viewed Subscriber Country Output File For Email My EMC Insight  Send  My EMC Insight
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],My EMC Insight  2. 3. 1.
[object Object],[object Object],[object Object],[object Object],5 Tips to Maximize Response
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Cold Stone Creamery Gets It!
Johnston & Murphy Gets It! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Example: Online Ordering using Email + SMS ,[object Object],[object Object],[object Object],[object Object]
Don’t Ignore Mobile! ,[object Object],[object Object],[object Object],Sources: The Mobile World, June 07; The Yankee Group; IDC, Gartner, Canalys 2006
Banana Republic Gets It!
Behavioral Targeting Optimizes Relevance Visitor arrives at your website Visitor Profile  Repository Call goes out to Visitor Profile Repository create profile First-time visitor Automated Self-learning Predictive Modeling Engine Repeat visitor retrieve profile Optimal content decision sent to ExactTarget Content Library ExactTarget sends email with content tailored to visitor profile
[object Object],[object Object],[object Object],[object Object],[object Object],5 Tips to Maximize Response
What Metrics Should Marketers Be Tracking? Metric Definition Value Click-to-open ratio Click rate divided by open rate Provides a measure of relevance by removing the unopened emails from the equation. Asks the question: “Once someone opens, how relevant do they find the content?  Click times conversion Clickthrough times conversion rate Takes open rates out of the calculation of success and looks at how the campaign performed with recipients who clicked. Revenue per email  Total revenue generated by a campaign divided by emails sent Assesses the value of different messages, offers, etc., by comparing the revenue attached to specific campaigns.  A good metric with which to communicate the value of email marketing at budget time.  Also a powerful metric with which to evaluate the dollar impact of poor deliverability. Order size per email Total orders divided by emails delivered Effective for comparing campaign messaging. Categories based on order size may also be good for segmentation. Leads per email For lead generation- focused marketers — total number of leads divided by emails delivered Allows for easy comparison of offers and lists.  Engagement per campaign Based on marketers’ activities Looks at non-financial impact by measuring engagement activities, such as registering, entering a contest, commenting to a list, amending a profile, etc.
Resources to Help You Improve Your Game
 
 
© 2007 ExactTarget, All Rights Reserved Entire Presentation Copyright © 2003 - 2008  ExactTarget. All Rights Reserved. No portion of this presentation may be recreated, reprinted, distributed, published or represented without the written permission of ExactTarget. Thanks! Joel Book Director, eMarketing Education ExactTarget, Inc. Email:  [email_address] Phone: 317.275.5444 Blog:  Email Marketing by the Book

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How Email has Revolutionized Direct Marketing - ExactTarget and WorkSmart eMarketing Webinar February 2009

  • 1. © 2007 ExactTarget, All Rights Reserved Entire Presentation Copyright © 2003 - 2008 ExactTarget. All Rights Reserved. No portion of this presentation may be recreated, reprinted, distributed, published or represented without the written permission of ExactTarget. How Email has Revolutionized Direct Marketing Tactics and Techniques to Drive Sales and Keep Customers Connected to Your Brand Joel Book Director, eMarketing Education ExactTarget, Inc.
  • 2.
  • 3. The Evolution of Marketing Communication
  • 4. < 1990 1990s Direct Mail Telephone 1999 2000s 2008 TV Radio Print Display IM Email Direct Mail Telephone TV Radio Print Display Website Search Online Display IM Email Direct Mail Telephone TV Radio Print Display Website Search Online Display Paid Search Landing Pages Microsites Online Video Webinars Affiliate Marketing Mobile Email SMS IM Email Direct Mail Telephone TV Radio Print Display Website Search Online Display Paid Search Landing Pages Microsites Online Video Affiliate Marketing Webinars Blogs RSS Podcasts Wikis Social Networks Mobile Web Addressable Voice Mobile Email SMS + MMS IM Email Direct Mail Telephone TV Radio Print Display Website Search Online Display Paid Search Landing Pages Microsites Online Video Affiliate Marketing Webinars Blogs RSS Podcasts Wikis Social Networks Mobile Web Behavioral Social Media & Ads Virtual Worlds Widgets Twitter
  • 5. The average consumer is exposed to 3000 ad messages each day.
  • 6. Welcome to the Digital Age of Direct Marketing
  • 7. Websites have become the “Hub” of Marketing Trade Shows Sponsored Events Print Advertising Direct Mail Social Networks Broadcast Advertising Public Relations Webinars Search Engine Marketing Word of Mouth Online Advertisements Corporate Blogs The Web
  • 8. The Buying Process Begins with Website Visit “ 92% of business buyers go online to research products and suppliers.” Source: Forrester Research (July, 2007) “ 51% of consumers are researching on the Internet, then completing their purchases offline.” Source: Jupiter Research The Customer Life Cycle Interest Evaluation Purchase Usage Loyalty Re-Purchase Website Visit
  • 9. WEBSITE SEARCH EMAIL “ Selling now takes more time and resources then ever before. The average sales cycle has become 22% longer as buyers are taking longer to consider their decisions.” Source: Sirius Decisions
  • 10.
  • 11. Email is Preferred for Direct Marketing Nearly two-thirds of US Internet users made a purchase because of a marketing message received through email . Source: ExactTarget 2008 Channel Preference Survey May 23, 2008
  • 12.
  • 13. 5 Tips for Successful Email Marketing
  • 14.
  • 15. *SOURCE: 2008 Spam Complaints Survey from Marketing Sherpa & Q Interactive Consumers are Pushing Back 56% consider messages from known senders to be spam if they aren’t “interesting” 50% consider messages from known senders that are sent too frequently to be spam 48% are using “report spam” buttons for reasons other than to report unsolicited email
  • 16. Subscribers Rule! Serve the subscriber’s needs … and they will serve yours
  • 17. HP Sells the Value of Email Registration!
  • 18. HP invites subscribers to identify preferences for newsletter content
  • 19. HP explains why these questions are being asked.
  • 20.
  • 21.
  • 22. Tests that Yield Highest ROI (2007-2008)
  • 23.
  • 24. The form is lengthy and asks for 11 different pieces of information to subscribe to a “free” publication. These extra fields and steps create friction, making it more time consuming and aggravating to complete the offer form. Original Landing Page Objective: Drive Signup for Free Email Newsletter
  • 25. The form has been reduced from 11 fields to just 3. The flow of the entire page is shortened, thereby substantially reducing friction and increasing conversion. If the additional fields are needed to deliver the final product or service, then move them to an incentivized post-conversion step. Optimized Landing Page
  • 26.
  • 27.
  • 28.
  • 29.
  • 30. Segmentation Doubles Opens and Click Rates
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40.
  • 42. Behavioral Targeting Optimizes Relevance Visitor arrives at your website Visitor Profile Repository Call goes out to Visitor Profile Repository create profile First-time visitor Automated Self-learning Predictive Modeling Engine Repeat visitor retrieve profile Optimal content decision sent to ExactTarget Content Library ExactTarget sends email with content tailored to visitor profile
  • 43.
  • 44. What Metrics Should Marketers Be Tracking? Metric Definition Value Click-to-open ratio Click rate divided by open rate Provides a measure of relevance by removing the unopened emails from the equation. Asks the question: “Once someone opens, how relevant do they find the content? Click times conversion Clickthrough times conversion rate Takes open rates out of the calculation of success and looks at how the campaign performed with recipients who clicked. Revenue per email Total revenue generated by a campaign divided by emails sent Assesses the value of different messages, offers, etc., by comparing the revenue attached to specific campaigns. A good metric with which to communicate the value of email marketing at budget time. Also a powerful metric with which to evaluate the dollar impact of poor deliverability. Order size per email Total orders divided by emails delivered Effective for comparing campaign messaging. Categories based on order size may also be good for segmentation. Leads per email For lead generation- focused marketers — total number of leads divided by emails delivered Allows for easy comparison of offers and lists. Engagement per campaign Based on marketers’ activities Looks at non-financial impact by measuring engagement activities, such as registering, entering a contest, commenting to a list, amending a profile, etc.
  • 45. Resources to Help You Improve Your Game
  • 46.  
  • 47.  
  • 48. © 2007 ExactTarget, All Rights Reserved Entire Presentation Copyright © 2003 - 2008 ExactTarget. All Rights Reserved. No portion of this presentation may be recreated, reprinted, distributed, published or represented without the written permission of ExactTarget. Thanks! Joel Book Director, eMarketing Education ExactTarget, Inc. Email: [email_address] Phone: 317.275.5444 Blog: Email Marketing by the Book