How to Get the Most Out of Your Email Campaign

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1 Shar VanBoskirk Vice President, Principal Analyst, Forrester Research Jose Santa Ana Director of Marketing, Message Systems How to Maximize Your Email Marketing Opportunity July 29, 2014

description

Email marketing continues to be the foundation of the digital marketing
toolkit, yet marketers could still use the medium more effectively. In
fact, 96% of campaigns evaluated failed Forrester’s email user experience best practices review.*


 If you are sending more and more emails, but are not seeing corresponding
increases in engagement and revenue, you could be losing out on a golden
opportunity to benefit from email marketing’s high success rates. Attend this Webinar to learn:

 • Current consumer attitudes toward email marketing • How marketers can respond to end user needs • Where existing email programs fall short • How to increase engagement and ROI *Source: The Best And Worse Of Email Marketing, Forrester Research, Inc., June 20, 2014 Featuring guest speaker Shar VanBoskirk of Forrester Research and Jose Santa Ana of Message Systems

Transcript of How to Get the Most Out of Your Email Campaign

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Shar VanBoskirk Vice President, Principal Analyst, Forrester Research Jose Santa Ana Director of Marketing, Message Systems

How to Maximize Your Email Marketing Opportunity

July 29, 2014

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A link to the webinar replay will be provided via email following the presentation

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Participate in Today’s Discussion… Tweet #forrester

Follow us on Twitter @messagesystems

Follow us on Linkedin Message Systems

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Using Email To Create Competitive Differentiation

Shar VanBoskirk, Vice President, Principal Analyst 29 July 2014

How To Maximize Your Email Marketing Opportunity

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The digital economy is no longer about doing something old in a new way

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Digital will disrupt every industry

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Disruption isn’t new

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© 2013 Forrester Research, Inc. Reproduction Prohibited

Your only differentiator is customer relationships

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Do this by focusing on relationships

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Theme

Email is the best interactive tool for building brand relationships

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© 2012 Forrester Research, Inc. Reproduction Prohibited

Agenda

!   Why is it so important to do email well?

!   How do marketers use email today? !   Where do existing email programs

fall short?

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© 2012 Forrester Research, Inc. Reproduction Prohibited

Agenda

!   Why is it so important to do email well?

!   How do marketers use email today? !   Where do existing email programs

fall short?

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© 2012 Forrester Research, Inc. Reproduction Prohibited

Email is the single most cost-effective marketing tool

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Email marketing spend will grow at a 10% CAGR between 2011 and 2016.

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© 2013 Forrester Research, Inc. Reproduction Prohibited 13

Email attitudes continue to climb

Base: US online adults Source: North American Technographics Online Benchmark Survey, Q3 2012

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© 2013 Forrester Research, Inc. Reproduction Prohibited 14

Users engage with promotional email

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© 2012 Forrester Research, Inc. Reproduction Prohibited

Multi channel customers are more valuable

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“Multichannel households average household spend of $832, versus just $385 for pure contact center and $360 for pure online.” --Epsilon Targeting

“Multi-channel banking customers result in cross sells of up to five products per customer compared to below two for single channel banking.” --Accenture

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© 2012 Forrester Research, Inc. Reproduction Prohibited

Agenda

!   Why is it so important to do email well?

!   How do marketers use email today? !   Where do existing email programs

fall short?

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© 2014 Forrester Research, Inc. Reproduction Prohibited 17

Email is one of the most-used tactics Which of the following tactics does your company use?

Base: 395 US, UK, and Canada-based enterprise firms

Source: Forrester’s Digital Marketing Maturity Model Survey, Q3 2013

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It works for retention, sales, loyalty

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© 2014 Forrester Research, Inc. Reproduction Prohibited 19

Most will increase or maintain email budgets How much do you expect your budgets for the following to increase or

decrease in 2014?

Base: 395 US, UK, and Canada-based enterprise firms

Source: Forrester’s Digital Marketing Maturity Model Survey, Q3 2013

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Marketers continue to grow email spend How much do you expect your budgets for [email marketing] to

increase or decrease in 2014?

Decrease

Stay the same

Increase 10%

Increase 20%

Increase 30% or more

14%

43% 20%

10% 3%

Marketers will grow their email budgets 3.18% on average

Base: 395 US, UK, and Canada-based enterprise firms

Source: Forrester’s Digital Marketing Maturity Model Survey, Q3 2013

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Many will invest in new innovations

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© 2012 Forrester Research, Inc. Reproduction Prohibited

Agenda

!   Why is it so important to do email well?

!   How do marketers use email today? !   Where do existing email programs

fall short?

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Balance user need with business goals

1)  What do my users need? 2) What is my business goal for email?

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Kraft saves time and sells product

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How do other emails strike a balance?

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Forrester has a review methodology to evaluate your own balance 1.  Business process evaluation

•  Governance •  Analytics •  Process •  Data

2.  User experience evaluation •  Subscription •  Value •  Presentation •  Trust

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Criteria is evaluated on a -2 to a +2 scale §  -2 Complete fail: functionality does not §  -1 Fail: functionality exists but is difficult to use §  +1 Pass: functionality exists and is usable §  +2 Strong pass: functionality demonstrated is best-in-

class

§  Scores range from +30 to -30 §  +15 is a passing score

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Only 4 of 98 emails passed

Base: 98 emails

Source: The Best And Worst of Email Marketing, 2014, June 20, 2014

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Retail and CPG emails score the best

Base: 98 emails

Source: The Best And Worst of Email Marketing, 2014, June 20, 2014

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How to avoid common pitfalls

§  Make subscription process intuitive §  Enable social sharing within emails §  Support mobile-friendly formats §  Use preference centers to keep addresses

active

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Summary and recommendations

§  Digital is fundamentally disrupting business, not just marketing

§  Email can provide a key tool for managing disruption

§  Most marketers spend on email but don’t use it optimally

§  Improve by mastering your email business process and user experience

§  Message Systems will share other best practices

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Thank you Shar VanBoskirk 617-613-5845 [email protected]

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Jose Santa Ana Director of Marketing, Message Systems

How to Maximize Your Email Marketing Opportunity

July 29, 2014

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Message Systems: The Leader in Messaging

20%

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Email / Marketing Services Providers

Social Networking

Daily Deals Telco Financial

Services Consumer

Technology Travel &

Hospitality Publishing

& Media Hosting & SaaS

Sampling of Key Clients by Market

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The Momentum Digital Messaging Solution

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Key Takeaways

§  Most marketers spend on email but don’t use it optimally

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© 2012 Forrester Research, Inc. Reproduction Prohibited

A better mix to optimize email spend?

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Creative Integration Analytics Delivery 38%

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99  %   EMAILS  DELIVERED  

22  %   OPT-­‐IN  EMAILS    NOT  GETTING  THRU  

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“Deliverability” is Key

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FTP ESP Report 99% Delivery

RP Report 78% Delivery

•  FTP Package of User and Content Data in ZIP file •  Log Into ESP System To Manage/Send Campaign •  ISP Filters Delivery To Inbox •  Delivery Data Reported to ESP •  Engagement Data Reported ESP •  Daily Data Bundle Downloaded

Your Company

Sending through an ESP

ESP ISP

Engagement Data

Delivery Data 24-72 Hour Delay

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99  %   EMAILS  DELIVERED  

22  %   OPT-­‐IN  EMAILS    NOT  GETTING  THRU  

17  %  ESP                  DEDICATED  

INCREASED DELIVERY

“Deliverability” is Key

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•  Injects Events to Momentum •  Momentum Manages Delivery to ISP •  ISP Filters To Inbox •  Delivery and Engagement Data Feeds to Momentum in Real-Time Speed your engagement lifecycle and control your brand.

Sending with Momentum

ISP

Delivery Data

Engagement Data

Your Company

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Key Takeaways

§  Most marketers spend on email but don’t use it optimally

§  Moving from an ESP to a dedicated system improves deliverability by 17%

§  17% deliverability increase à 30% revenue increase

§  Automate processes to optimize deliverability through technology

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Adaptive Delivery with Momentum

Patented technology that auto-tunes outbound email delivery parameters in real time to optimize delivery and safeguard reputation. •  Mail stream segregation •  Auto-tuned delivery parameters •  Real-time traffic shaping •  Real-time decision making, alerts and reports •  Live rule updates •  Configurable rules •  Full FBL capabilities

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Adaptive Delivery Results 10 point Deliverability Gain

FINANCIAL NEWSLETTER

Del

iver

abili

ty

April May June July August

0.85

0.90

0.95

AD Tuning Period

Source: Leading publisher/distributor of opt-in financial newsletters.

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Adaptive Delivery Results

INTERNATIONAL NEWSLETTER

Del

iver

abili

ty

April May June July August

0.85

0.90

0.95

•  Deliverability Stabilized

•  Manual Effort Eliminated AD Tuning Period

Source: Leading publisher/distributor of opt-in financial newsletters.

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Translates into Real Revenue Results

"When we have delivery and reputation issues, we know about them right away, and we can resolve problems proactively. Momentum with Adaptive Delivery has certainly had a positive impact on customer satisfaction…. We’ve been sending nearly 60 million messages a week at 99.15% deliverability. It was as high as 99.3% last week!” JAMES THOMPSON DIRECTOR OF EMAIL OPERATIONS, INFUSIONSOFT

INCREASED REVENUE WITHOUT MS WITH MS CHANGE

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Key Takeaways

§  Most marketers spend on email but don’t use it optimally

§  Moving from an ESP to a dedicated system improves deliverability by 17%

§  17% deliverability increase à 30% revenue increase

§  Automate processes to optimize deliverability through technology

§  Focus resources on improving the user experience

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Thank you!

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Follow us on Twitter: •  @messagesystems

Follow us on Linkedin: •  Message Systems

Visit Us •  www.messagesystems.com

Contact Us •  [email protected]