There’s no time like the present to get ready for the selling season.
By creating a strategy now, retailers can take advantage of the holiday retail peak with optimized cross-channel experiences, initiatives aimed at customer retention, and marketing focused on the entire season (not just a few key days).
According to Justuno, the Holidays are the most important time for retailers. If there’s one time of the year to put forth all your marketing efforts, it’s now. In fact, holiday sales accounted for 24% of total U.S. ecommerce sales in 2016 and are expected to increase by 16.6% in 2017. This is a massive opportunity to gain new customers, drive repeat purchases, and ultimately increase sales for 2017. But this can only happen effectively if you start preparing today. Here are some useful tips and ideas that will help you get started.
1. Build your staff now for the busy period. As we know the holidays can be chaotic for retailers. Even if you are a one person operation, there will likely come a time during this period where you will need help. Even hiring holiday staff for a few months or weeks can make a difference. And there are plenty of folks looking to make a little extra money over the holiday period. Continue reading
Written for Bronto Software by Greg Zakowicz, Senior Commerce Marketing Analyst
It’s a fact. Someone will unsubscribe every time you send a batch promotional email. And while we all hate to see our subscribers go, wouldn’t you be open to a higher unsubscribe rate if it meant increasing your revenue? How you view your unsubscribes not only affects your email strategy and its revenue potential, but it also influences improvements you should make to your automated messages and your yearly list growth goals. Let’s discuss.
People unsubscribe for a variety of reasons. The most common include receiving too many emails and irrelevant content. Often, the “too many” threshold is actually determined by the proportion of irrelevant content, those situations when the content is meaningless to the reader or fails to change from one message to the next. I know of retailers who send every day, or even multiple times daily, whose unsubscribe rate is no different than the retailer sending only a few times each week. While there may be an opportunity to drive additional revenue by increasing sends, we need to recognize the full impact of those sends on a subscriber database.
At what point do the inevitable unsubscribes begin to hurt your bottom line? Determining the cost of the unsubscribe is an important step to answering that question. Knowing the cost can help you optimize your sending strategy throughout the year, particularly when planning for periods of increased sending, such as the holiday season. Read more
Guess what? We’re going to Bronto Summit on April 24. Shoot us a note an let’s meet up in person: firstname.lastname@example.org. Better yet, register now for our upcoming webinar with Bronto on April 11: How to Build a Better e-Commerce Email Campaign.
5 quick wins for a successful holiday season
By now, your holiday marketing plan is likely up and running, but with competition at an all-time high, consider a few of these effective strategies from Bronto‘s industry partners to give your efforts an extra boost.
Use Your Post-Purchase Data
Make it as easy as possible for your existing customers to come back and purchase again,” says Robert J. Moore, Head of Magento Analytics. “More than any other prospective customers, you know who these people are and what they like, such as product types, price points, and even what time of day they shop. Use this data to create special promotions and announcements that cost you very little to deliver but can have a major impact on your sales.”
Target Lapsed Customers
“The holidays are the best time to target your lapsed customers,” says AgilOne’s Laura Corbalis. “Identify everyone who hasn’t bought from you in over a year, and send them a holiday-focused ‘We miss you!’ message with a special deal. These customers are familiar with your brand, so sending them something that beckons them back can be a very quick win.”
How to exceed customer expectations and keep them returning for more
Hopefully you’ve been able to acquire new subscribers and convert them into buyers, but the work’s not done. Now you’ll want to keep the conversation going with these new customers, grow loyalty, and increase repeat purchases.This is where post-purchase series messages and post-purchase messages come in. Post-purchase series is exactly what it sounds like—it’s a series of messages that are automatically triggered when a purchase is completed. The goal of this series is to enhance the customer experience, so think of these messages as the voice of your customer service department. To show real value to the customer, it’s key to know the strengths and weaknesses of your brand and anticipate their needs based on your purchase data before you write post-purchase messages.
For example, you may ask them if they’d like help setting up a complex piece of equipment, suggest a complementary product, or check in on whether or not the product they bought was sized appropriately for them. Other added-value follow-up messages can include a thank you coupon, a helpful list of top selling products, a review request, or maybe even ask them to refer a friend. Again, think of every interaction with your customers as being a chance to spread your brand voice. Continue reading
Simple ways to reach customers who are ready to buy
Our recent webinar with the email marketing experts at Bronto yielded some great advice on how to drive e-commerce revenue through email marketing campaigns. In fact, it was so comprehensive, we’re doing a three-part blog series series to review each of the key phases within best practice strategies of email marketing—acquisition, conversion, and retention.
In email marketing, acquisition refers to people opting in, or letting you know that they would like to receive email marketing messages from your company. When it comes to valuable marketing, there’s a big difference between someone who knowingly volunteers their email and contact information versus someone who is unwittingly being blasted with messages. That difference lies both in the cost and effort to communicate with them as well as the potential value of converting this visitor into a buyer.
First, to get better perspective, it helps to think about where your traffic is coming from. Ask yourself some strategic questions: “What percent conversion am I seeing when people visit my site? On which pages is the traffic highest? How long are people staying there? What does the email sign-up look like?” And then move specifically into email marketing: “What does our email marketing sign-up look like? In how many places is it present? Is the call to action clear? What is the visibility of our sign-up and is it persistent throughout the site? Should we consider other forms of acquisition like affiliate programs and contests? Should we leverage paid advertising and social media channels for acquisition?” Continue reading