B2C Lead Nurture Email Opportunities

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B2C LEAD NURTURE EMAIL OPPORTUNITIES Ideas to Help Your Business Flourish Connie Harrington, Strategist Accende Consulting

description

Traditionally, lead nurturing has been the domain of B2B companies due to their longer sales cycles. However, B2C companies are finding that applying a lead nurturing philosophy can drive more profitable, strategic online and offline customer interactions. Learn key steps and see real-world examples of how B2C companies can deploy effective lead nurturing.

Transcript of B2C Lead Nurture Email Opportunities

Page 1: B2C Lead Nurture Email Opportunities

B2C LEAD NURTURE EMAIL

OPPORTUNITIES Ideas to Help Your Business Flourish

Connie Harrington, Strategist

Accende Consulting

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About Lead Nurturing

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• Traditionally, lead nurturing

has been a B2B approach

due to need to cultivate

prospect interest throughout

long sales cycle

• Today, B2C companies are

applying lead nurturing

concepts to develop a e-

marketing lifecycle

management approach to:

• Convert prospects

• Keep current customers

engaged

“Lead nurturing is a process by which leads are tracked and

developed into sales-qualified leads.” ~Forrester Research

Opportunities • Converts latent demand to

drive increased revenues

• Facilitates trust-building

between brand and

customers

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Example B2B Lead Nurturing Campaigns

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Welcome

Campaign

Education

Campaign

Why Us

Campaign

Accelerate

Campaign

New

Customer

On-Boarding

Customer

Loyalty/

Retention

Welcome new

subscribers

Get them ready

to talk to sales

Overlay your

solution on top

of their need

Remove

roadblocks,

speed purchase

decision

Welcome new

customers

Retain and

develop

• Introduce

brand

• Reiterate

subscription

benefits

• Spell out

next steps

• Opt-in to

something

else

• Engage to

further

profile

prospect

• Educate

about value

proposition

• Differentiate

your brand

from

competitors

• Reiterate

value

proposition

• Include

relevant

case

studies,

testimonials

• Provide

decision

tools

• Thank them

• Identify next

steps

• Reiterate

purchase/

relationship

benefit

• Seek

feedback

• Tips/tricks to

get most out

of product

Source: Eloqua

B2B lead nurturing typically focuses on contacts’ position in the sales

cycle and delivers targeted, need-based messaging

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Example B2C Lead Nurturing Campaigns

Segment Behavioral Ranking Criteria Email Communications

Engaged • Shares emails on social

networks

• Visits website regularly

• Opens emails and clicks often

• Has made more than one

purchase

• Special promotions for top

customers

• New product announcements prior

to public launch

• Birthday e-cards with gift

certificate

Interested • Visits website sometimes

• Opens emails and clicks

occasionally

• Has not yet purchased

• Educational campaign

• Lead warming activities

• Promotions for first transaction

Inactive • Visits website and/or opens

emails infrequently or never

• May have purchased previously

but not recently

• Survey to assess needs

• Incentives for re-engagement

Source: Silverpop

B2C lead nurturing can use behavioral criteria to gauge customer

engagement and deliver focused, relevant messaging

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Engaged Contact

Example #1

Features • Shows appreciation

for customer loyalty

• Offers option to get

details on product

features

• Highlights “exclusive

preview” of product

offering

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Engaged Contact Example # 2

Features • Invites customer to

members-only rewards

club

• Details membership

benefits

• Expresses gratitude for

customer loyalty

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Interested Contact

Example #1

Features • Acknowledges

email address

share

• Emphasizes utility

of content

• Gives subscriber

control over

participation level –

from opt-out to high

engagement

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Interested Contact

Example #1

Features • Acknowledges

recipient’s website

visit

• Provides incentive for

first order

• Highlights

convenience features

to encourage trial

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Inactive Contact

Example #1

Features • Provides clear

“We’ve Missed

You” message

• Offers “Welcome

Back” incentive

discount

• Includes “shop

now” link to direct

recipient to website

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Inactive Contact

Example #2

Features • Emphasizes ease-

of-use of service

• Includes simple,

step-by-step

instructions

• Includes clear site

links for online

account access

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Key B2C Lead Nurture Email Elements

• Content • Keep reader’s needs at core of all a

content development

• Maintain message consistency

• Invite dialog and feedback to deepen

insight on contact needs

• Tone • Focus on customer service

• Use personal, relevant approach that

targets “pain points” to motivate action

• Rewards • Offer promotion(s) but ensure clear

business rules to avoid incentive-

seeking behaviors

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Key B2C Lead Nurture Email Elements (cont’d)

• Segmentation • Categorize contacts according to

engagement levels and behavioral criteria

• Design • Ensure brand-compliant design to reinforce

company image

• Keep design simple and focus on

messaging

• Engagement • Send follow-up email to new contacts

immediately to capitalize on interest

• Target email delivery times and messages

based on contact’s identified engagement

level

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ABANDONED TRANSACTION

EMAIL OPPORTUNITIES

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About Abandoned Transactions Campaigns

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• Delivering triggered “save and

retrieve” emails can capture new

leads for ongoing interaction

• Connecting with visitors who

abandoned transactions is a prime

opportunity to:

• Engage directly with visitors who

have indicated clear interest in

products or services

• Salvage lost revenue

opportunities

• Responding immediately helps

protect against visitors forgetting

about offer or choosing another

provider*

An abandoned transaction occurs when a visitor initiates a

transaction but fails to complete it during that visit

Opportunity**

69.3% of companies do not send

emails when visitors abandon

transactions

Source: *Marketing Experiments

**Epsilon

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Abandoned Transaction Best Practices

• Include customer service

messaging

• Refer to the abandoned

transaction and link to the

account

• Highlight related products for

cross-selling and up-selling

• Instill a sense of urgency with a

date for completing the

transaction

• Consider a series to cut through

inbox clutter

Source: Email Institute and

Multichannel Merchant

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Example

Features • Notes potential of

“glitch” that caused

transaction

abandonment

• Provides link to

complete transaction

• Offers option to call

customer service vs.

finalizing purchase

online

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Email Series – Abandoned Transactions

• Research* suggests a two or three-step email series can significantly boost responses following abandoned transactions

• Testing is key to determine best approach for specific audience

• Include any incentive – if desired – in final message and ensure offer is limited to avoid conditioning visitors to abandon transactions

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Opportunity** Abandoned transaction e-marketing

experts recommend testing a three-

part series:

1. Email #1 ~ Sent immediately

following abandoned

transaction

2. Email #2 ~ Sent 23 hours after

first email

3. Email #3 ~ Sent 6 days and 23

hours after first email

Sources: *Marketing Experiments

**SeeWhy

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Message #1 Immediately after

abandoned signup

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This email has been sent to you

because you started but did not

complete the Netflix sign-up process. If

you would like to stop receiving these

emails, please click here to

unsubscribe. Please do not reply to

this email, as we are unable to respond

from this address. If you need help or

would like to contact us, please visit

our Help Center.

All series messages include

explanatory messaging:

Message sent: August 26, 2011

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Message #2

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Two (2) days after

abandoned signup

Message sent: August 28, 2011

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Message #3

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Nine (9) days after

abandoned signup

Seven (7) days after

Message #2

Message sent: September 4, 2011

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Email Metrics – Abandoned Transactions

• Of the 30.7% of companies that

sent abandoned transaction

emails to customers

• 45.1% included product

images

• 16.1% included an incentive to

influence customer behavior

• 32.3% of companies that sent

abandoned transaction messages

emailed them within 72 hours

• 16.1% of companies send

multiple abandoned transaction

messages

Source: Epsilon

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SUMMARY

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Recap of Key Opportunities • B2C marketers can apply B2B

lead nurturing concepts

• Develop lifecycle management

approach to lead development

• Deliver differentiated messaging to

contacts based on engagement level

for more personalized communication

feel

• Abandoned transaction scenarios

are a special opportunity for lead

capture

• Connect directly with visitors when

interest level is high

• Foster brand awareness with new

contacts

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Opportunity Online lead generation is

now responsible for 42% of

total B2C sales.

Source: Econsultancy

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THANK YOU