Email practice 2011

49
Email Marketing Practices of the Top Online Retailers June 15, 2011 @LorenMcDonald @Silverpop

Transcript of Email practice 2011

Page 1: Email practice 2011

Email Marketing Practices of the Top

Online Retailers

June 15, 2011

@LorenMcDonald

@Silverpop

Page 2: Email practice 2011

+ 130

more

retailers that

did not make

the Top 500

ranking

Silverpop Analyzed Email Programs of …

Page 3: Email practice 2011

How does your company stack up against other Top Retailers?

Page 4: Email practice 2011

Opt-in

Processes

Welcome

Emails

Cart

Abandonment

Social Sharing Links

Opt-out

AlternativesStudy Aspects

Looked at Today

Page 5: Email practice 2011

So let’s dive in…

Page 6: Email practice 2011

1. Opt-in Process

Page 7: Email practice 2011

47% hide opt-in at the bottom

Page 8: Email practice 2011

36% highlight opt-in at the top

Page 9: Email practice 2011

18% go for mid-page opt-in

Page 10: Email practice 2011

92%84%

8%16%

0

10

20

30

40

50

60

70

80

90

100

Top 500 Remaining Retailers

Yes

No

Majority Feature Opt-in Prominently

Throughout Website

Page 11: Email practice 2011

28%

33% 33%

14%

23%21%

0

5

10

15

20

25

30

35

2008 2009 2010

Top 500

Remaining Retailers

1/3 of Retailers Offering Options at Opt-in

Page 12: Email practice 2011

56%

35%

33%

0 10 20 30 40 50 60

Shopping Preferences

Channel Preferences

Frequency Preferences

All Retailers

Types of Preferences Offered by

Companies Who Gave Subscribers Options

Page 13: Email practice 2011

Tips

Page 14: Email practice 2011

2-Step Process

Page 15: Email practice 2011
Page 16: Email practice 2011
Page 17: Email practice 2011

AdsPoint

OfPurchase

Billboards

SMS Text to Email Opt-in

Page 18: Email practice 2011

2. Use of Welcome Emails

Page 19: Email practice 2011

Welcome emails may be the most important

email your company sends.

Page 20: Email practice 2011

But 32% of you are sending this...

Zippo.Not much of a welcome, is it?

Page 21: Email practice 2011

Tips

Page 22: Email practice 2011

Single Email Welcome Email Series

Page 23: Email practice 2011

Welcome to the Tafford Community

Tafford #1

Page 24: Email practice 2011

Three Reasons You Will Love Tafford + A Special Offer

Tafford #2

Page 25: Email practice 2011

Personalize Your Tafford Experience

Tafford #3

Page 26: Email practice 2011

Sample Welcome Series Indexed Results…

Page 27: Email practice 2011

The Future

“Welcome” programs evolve

into “Onboarding”

Page 28: Email practice 2011

3. Use of Cart Abandonment Emails

Page 29: Email practice 2011

60% - 70% of Shopping Carts are Abandoned

Page 30: Email practice 2011

“How much money are YOU leaving on the table?”

Page 31: Email practice 2011

17%(only)

Of Top 500deploy cart recovery email

programs

Page 32: Email practice 2011

76%

20%

4%

1 Email

2 Emails

3 Emails

# of Emails in Cart Aband. Campaigns

76% use

a single

email

Page 33: Email practice 2011

51%49%

Yes

No

1/2 Offer Incentives in

Cart Recovery Emails

Page 34: Email practice 2011

Abandoned

Cart Emails

All

Promotional

EmailsComparison

Open Rate 37% 8% 4.6x

Click-through

rate

41% 14% 2.9x

Conversion

rate

20% 5% 4.0x

Sales/email $7.46 $.08 97x

Sample Results: CAR vs Promotional

Emails

Page 35: Email practice 2011

Abandon Cart Emails

0.3%

Promotional Emails99.7%

Relative VolumeAbandon

Cart Emails18.6%

Promotional Emails81.4%

Relative Sales

0.3% Volume but 18.6% of Email Revenue

Page 36: Email practice 2011

4. Social Links

Page 37: Email practice 2011

Transition: Share>Find>Follow>Like

Page 38: Email practice 2011

60%

78%

43%

54%

0

10

20

30

40

50

60

70

80

90

2009 2010

Top 500

Remaining Retailers

78% Including Social Links in Emails

Page 39: Email practice 2011

11%

71%

18%

Social Sharing Only

Like/Follow Only

Both

More Than 2/3 Include Like/Follow

Page 40: Email practice 2011

Promote Likes/Follows

Page 41: Email practice 2011

Make It Shareworthy

Page 42: Email practice 2011

5. Opt-out Alternatives

Page 43: Email practice 2011

2/3 Offer Some Variation of this

UGH!

Page 44: Email practice 2011

31%

40%

34%

23% 24%22%

0

5

10

15

20

25

30

35

40

45

2008 2009 2010

Top 500

Remaining Retailers

1/3 Offer Preferences at Opt-out

Page 45: Email practice 2011

Alternatives

Frequency

Format

ChangeEmail

Profile/Preferences

Channel

OtherEmails

So What are the Alternatives?

Page 46: Email practice 2011

Often 20-30% of subscribers presented

with alternatives to unsubscribing stay!

Promote Alternatives In the Email

Page 47: Email practice 2011
Page 48: Email practice 2011

Optimize Opt-in

Processes

Turn Welcome

Into “Onboarding”

Cart

Abandonment

Just Do It!

Use Email to Promote Social

Provide Opt-out

Alternatives

Takeaways

Page 49: Email practice 2011

Q & A / Contact Info

• Loren McDonald

[email protected]

• Twitter: @LorenMcDonald

www.silverpop.com

Twitter: @Silverpop

www.slideshare.net/silverpop

Stop by Booth # 608 for study report