MassTLC marketing analytics summit, Constant Contact

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Rick Jensen, SVP Marketing and Sales at Constant Contact presented at MassTLC's marketing analytics summit on 04/26/12

Transcript of MassTLC marketing analytics summit, Constant Contact

Rick Jensen | Constant Contact 4/26/2012

Copyright Constant Contact 2012 1

Copyright © 2012 Constant Contact Inc.

Copyright © 2012 Constant Contact Inc. 2

1. brand awareness2. test-drive3. churn4. customer satisfaction 5. take rate6. profit7. net present value8. internal rate of return9. payback

10. customer lifetime value 11. cost per click12. transaction conversion rate

13. return on ad dollars spent

14. bounce rate15. word of mouth / social media reach

Rick Jensen | Constant Contact 4/26/2012

Copyright Constant Contact 2012 2

Copyright © 2012 Constant Contact Inc. 3

3. cancellation rate4. CSI ‒ customer satisfaction index

Copyright © 2012 Constant Contact Inc. 4

cancellation rateSMALL NUMBERS GET BIG...FAST

$840,000

2.2% 2.3%attrition

Rick Jensen | Constant Contact 4/26/2012

Copyright Constant Contact 2012 3

Copyright © 2012 Constant Contact Inc. 5

csiCUSTOMER SATISFACTION INDEX

customer perspective

company perspective

Copyright © 2012 Constant Contact Inc. 6

csiCUSTOMER SATISFACTION INDEX

customer perspective

company perspective

Rick Jensen | Constant Contact 4/26/2012

Copyright Constant Contact 2012 4

pain pointsWHAT OUR WORLD LOOKED LIKE

Copyright © 2012 Constant Contact Inc. 7

ease the painTHE SOLUTION FOR US

Copyright © 2012 Constant Contact Inc. 8

Rick Jensen | Constant Contact 4/26/2012

Copyright Constant Contact 2012 5

processWHAT WE LEARNED

time to getit right

hire a3rd party

dedicate theright resources

have a plan build apredictive model

iterate, iterateCopyright © 2012 Constant Contact Inc.

key success factorsHAVE TO HAVES

Copyright © 2012 Constant Contact Inc. 10

hypothesis-drivenprocess

world class operationalsystems + people

deep analytics+ reporting

Rick Jensen | Constant Contact 4/26/2012

Copyright Constant Contact 2012 6

lifestylechange vs. finite

project

final thoughtHOW WE SEE IT AT CONSTANT CONTACT

Copyright © 2012 Constant Contact Inc.