Integrated Campaign Management Turns Online Retailer's Ecommerce System into a Marketing Dynamo
-
Upload
pinpoint-systems-corporation -
Category
Business
-
view
324 -
download
0
description
Transcript of Integrated Campaign Management Turns Online Retailer's Ecommerce System into a Marketing Dynamo
CASE STUDY AT A GLANCESolution Spotlight Campaign Management with
Marketing Analytics
Industry VerticalOnline Retail
Business Challenges•Customermarketingprocessesnotprovidingrelevant,engagingmessages
•Nomechanismtore-engagelapsedcustomersorinfluencerepeatpurchases
•Inabilitytomanagecross-channel,real-time,micro-segmentcommunications
•Segregateddatawithcumbersomeaccessbybusinessusers
•Nouser-friendlyreportingsystemformarketingperformancemeasurement
Solution Overview•Campaignmanagementsolutionforintelligentrelationshipmarketing
•Purpose-builtmarketingdatabasewithcombinationofonlinebehaviorandecommerceactivity
•End-to-endcampaignplanning,definition,execution,trackingandreporting
•Targeted,triggered,personalized,multi-channelcustomercommunications
•Marketinganalytics
Results Summary•Greateraverageordersize
•Increasedrevenuepercustomer
•Longeraveragecustomertenure
•Improvedcustomerprofitability
•Reducedtimetomarketfornewprogramsandpromotions
•Easeofintegratingadditionalbrands
A successful online retailer boosts their ecommerce system with leading-edge marketing analytics and campaign management capabilities and multiplies marketing opportunities throughout the customer engagement cycle.
There are multitudes of businesses that add ecommerce capabilities each year. Customers expect to interact online with the companies they do business with and require a genuine shopping experience that meets their needs. There is a wealth of customer information available to marketers from the ecommerce interactions of selecting/configuring products, filling shopping carts and completing orders/purchases. In addition, the behavior of site visitors outside of these core ecommerce functions, such as search and browse activity on the site, can offer significant insight into customer needs. But with thousands of pages viewed by millions of customers performing countless actions on those pages, how do companies sort through that available data and utilize it to deliver more relevant marketing communications to the consumer?
The Challenge
Our client is a leading internet-based social expression and personal publishing service company that prides itself on helping its customers deepen relationships with the important people in their lives. The client knew that they needed to put into practice that same philosophy with their customer relationships, but were chal-lenged by not having the mechanism in place to deliver relevant marketing communications to their custom-ers. They wanted to move from an “eligibility model” (where every customer taking a given action was eligible to receive a given marketing message) to a more personalized dialogue approach. Their challenge was to move to a better understanding of customer behavior at a more granular level through segmentation and utilization of data they had at the enterprise level to deliver those most compelling messages and offers.
The client had an email system that provided some rudimentary selection and tracking, but no concrete way to segment their audiences and perform the relevant targeting they were seeking. They used email and some limited direct mail marketing, but their channel strategy was “silo’ed” and they were not utilizing web analytics data. They also wanted to reduce their reliance on discount offers to keep customers engaged and improve lifetime value, but were challenged to target and segment properly in their current environment.
Our client was additionally facing the following business issues:
• Lack of a 360 degree view of each customer • Inability to manage cross-channel, real-time, micro-segment communications• Segregated data with cumbersome access by business users • No reporting system – campaign results generated manually • Lack of closed loop marketing capability• Need to move from transactional marketing to relationship marketing
(continued)
C A S E S T U D Y An Online Retailer Turns their Ecommerce System into a Marketing Dynamo with Integrated Campaign Management
“We’re about ten years late on
getting CRM….It’s about time
we got it. Pinpoint helped us
transition to next-generation
customer marketing models and
technologies so we can now stay
ahead of the curve. “
– CEO, ecommerce client
M A R K E T S M A R T E R . A DA P T FA S T E R .
M A R K E T S M A R T E R . A DA P T FA S T E R .
Page 2 of 4
Solution Components
•Campaignmanagementsolutionforintelligentrelationshipmarketing
•Customer-centricmarketingdatabasewithecommerceandwebanalyticsdata
•Cross-brandintegration–enterprisecustomermodel
•Coordinatedpromotionsacrosschannels
•Automatedmeasurementandreporting
BusinessIntelligence
Software
IBM UnicaCampaignSoftware
CampaignManagement
Database
Campaign Management Solution
Web AnalyticsEcommerce
social
web site
mobile
direct mail
customerservice
The SolutionPinpoint Systems addressed the client’s needs by designing a marketing database containing every ecommerce action combined with website browse and search behavior of individual customers, tied to the historical record of marketing offers extended. Pinpoint integrated the cross-channel campaign management system (IBM Unica Campaign*) with this database to perform the marketing segmentation and analytics that would help the client overcome their business challenges.
Rather than relying only on standard ecommerce triggers, such as an abandoned cart action, to get a better picture of customer needs, Pinpoint consultants combined the ecommerce data with web site browse and search data in order to understand the customer behavior from the very beginning of the customer engagement cycle.
As people browse more frequently than they buy, the fresher browse data and search behavior combined with the consumer ecommerce actions were used to drive multi-channel customer communications to the individual consumer. Pinpoint helped the client sort through the overwhelming amount of web analytics information devising a method to filter and aggregate the web site activity data while retaining the fidelity needed for relationship marketing. The effort in using the web analytics – that goes beyond just doing dynamic site content – adds great value to the client’s overall coordinated multi-channel marketing initiatives and strikes a balance between having an offer for everybody and offer for one person.
(continued)
C A S E S T U D Y An Online Retailer Turns their Ecommerce System into a Marketing Dynamo with Integrated Campaign Management
M A R K E T S M A R T E R . A DA P T FA S T E R .
Page 3 of 4
About Pinpoint
Pinpoint Systems helps you realize
the promise of real-time marketing
to ensure that each of your customer
interactions is more intimate and most
productive. We intelligently deploy
real-time marketing systems and
provide EMM software consulting and
implementation for Fortune 1000 and
mid-market companies.
Pinpoint’s consultants help you
navigate the complexity of real-
time, customer-centric marketing
interactions, enabling new capabilities
that maximize the value and
measurability of every customer
relationship. Our practical, hands-on
approach combines qualitative analysis
of your business needs with a deep
understanding of data, technologies
and tools to help you select, implement
and manage real-time marketing
systems with confidence and agility.
The Results
The new campaign management system allows the client a full understanding of the customer with integrated browse and search behavior, ecommerce activity and marketing/response history. This richer customer information is used in their triggered customer dialogue environment and for cross-sell opportunities to the client’s sister ecommerce sites for brand synergy.
Additional client benefits of campaign management include:
• Reduced time to market for new programs and promotions• Continuous improvement in messaging relevance (and associated revenue and profitability)
through automated testing and measurement• Ease of integrating additional brands• Greater average order size• Increased revenue per customer with greater customer retention• Longer average customer tenure• Improved customer profitability
C A S E S T U D Y An Online Retailer Turns their Ecommerce System into a Marketing Dynamo with Integrated Campaign Management
Pinpoint Systems Corporation • 8605 Trethorne Cour t • Waxhaw, NC 28173-6797 • 800-809-0612
w w w.pinpoint-corp.com
Want to explore if a Campaign Management with
Marketing Analytics solution
is right for your business?
Learn what Pinpoint Systems can do for you.
[email protected]*Pinpoint Systems is an
authorized IBM Unica Reseller and IBM Unica SVP Partner.