Social Media Success Summit 2013 - Best Stats, Insights, and Tweets (Deck 2)
RetentionGrid Deck and Stats
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Transcript of RetentionGrid Deck and Stats
We are a technology provider.Our software enables you to
dramatically increase the effectiveness of your email marketing and content
strategies.
02Who is RetentionGrid?
Of personalization technology & dynamic content research, development, testing and proven commercial use
2 years
Of real-time predictive models, machine learning and open-time technology
Pioneers
Brands & many major verticals in 55 countries
7,000
10,000,000 Consumers in 128 countries
Since 2007...
03The problem
Consumers in 128 countries
28%34%
Email open rates declined by:
Email click-through rates declined by:
In 2014,the average subscriber
received 416 commercial emails per month.
Sources: Wall Street Journal, Movable Ink, Return Path
04Why Personalize?
Fashion & Apparel
8.67% 12.89%
Lift: 49% .
Overall lift in CTOR for brands using RetentionGrid Dynamic Content73%
Industry CTOR RetentionGrid CTOR Industry CTOR RetentionGrid CTOR Industry CTOR RetentionGrid CTOR
Industry CTOR RetentionGrid CTORIndustry CTOR RetentionGrid CTORIndustry CTOR RetentionGrid CTOR
Electronics & Gadgets
11.5% 44.0%
Lift: 283% .
Food & Beverage
4.04% 20.18%
Lift: 399% .
Health & Beauty
3.37% 13.35%
Lift: 296% .
Jewelry & Crafts
13.37% 20.11%
Lift: 50% .
Sports & Recreation
7.06% 25.74%
Lift: 265% .
Fashion & Apparel RetentionGrid has extensive experience
working in the Fashion & Apparel category & outperforms industry
benchmarks
05Case Study
Lift in CTOR with RG Dynamic Content as compared to the industry average CTOR for Fashion & Apparel49%
Customer Results
RetentionGrid CTOR:
19%
13% Static Campaign CTOR:
43% Lift in CTOR:
Health & Beauty RetentionGrid has extensive experience
working in the Health & Beauty category & outperforms industry
benchmarks
Case Study
Lift in CTR with RG Dynamic Content as compared to the industry average CTOR for Health & Beauty296%
Customer Results
RetentionGrid CTOR:
14%
11% Static Campaign CTOR:
27% Lift in CTOR:
06
Food & Beverage RetentionGrid has extensive experience
working in the Food & Beverage category & outperforms industry
benchmarks
07Case Study
Lift in CTR with RG Dynamic Content as compared to the industry average CTOR for Food & Beverage399%
Customer Results
RetentionGrid CTOR:
20%
16% Static Campaign CTOR:
24% Lift in CTOR:
What is Open Time Dynamic Content?
08What isOpen Time?
email content that reacts to changing market conditions within seconds - even when you’
ve already sent the email.
Our algorithm calculates the best recommendations and content, every time
an email is OPENED.
Imagine
Product recommendations are instantly updated, directly in the email, so recipients who open that campaign you sent yesterday only see products they can actually buy right now.
Out of stock?
-- and the recommendations in the email you already sent are updated -- based on my browsing, clicking, and purchase behavior.
I look at your site
Live social feeds -- drive engagement. Recipients engage with the conversation that’s going on right now.
09Dynamic content types
Dynamic Lifecycle Offers
Predictive Product Recommendations
Embedded Social Feeds
Discounts, gifts, or offers based on a recency/ frequency segmentation
model
Based on historical purchase data AND onsite behavior
Instagram, Facebook, Twitter, Wanelo, Polyvore, blogs special RSS feeds, APIs and
more
34% Lift on CTOR 14% Lift on CTOR 33% Lift on CTOR
10How it works
RG Mapper RG Foresight RG Syncro
The RetentionGrid Predictive Recommendation Engine with Open-Time Personalization Technology
Seamless IntegrationsWith Google, all major email service providers and marketing automation systems, and any eCommerce platform
Captures visitor behavior on site & securely transmits this data into the recommendation engine. Historical data import (.csv) also possible.
Our proprietary predictive model generates content recommendations for every individual. Engagement is tracked and continuously optimized with machine learning.
Instantaneously delivers device-optimized, personalized predictive content at open-time, and is refreshed with every open. It’s faster than the blink of an eye.
12
Step 1 Step 2 Step 3
Talk to us.
We’ll answer your questions and help you get started.
Make a list of all the emails you send out.
This should include your regular campaigns, triggered email, and transactional emails as well.
Build your dynamic content blocks, drop the HTML into the appropriate emails, and click send!
Next Steps
Newsletters Announcements Promotions Transactional Community
CTOR is the Most Telling Measurement of Content Effectiveness
What it tells you is simply this: Of the subscribers who opened the email, how many clicked?
# of clicks = % CTOR # of opens
If you have good content, your CTOR rates will go up. If CTOR goes up, you are driving more actions from recipients, and therefore your emails are more effective.
Interactive Advertising Bureau: http://www.iab.net/guidelines/508676/508905/79176Email Experience Council: https://emailexperience.org/email-glossary/Marketing Land: http://marketingland.com/the-email-metric-you-should-be-tracking-but-arent-8879DEG Digital Agency: http://www.degdigital.com/
CTOR is a content-specific metric. Industry average is 8%.