Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

66
Thursday, May 2, 13

description

Have you ever wondered what you can do about the 90+% of people who visit your site and do not convert into paid customers? Well, you probably know that an abandoned cart campaign can help. Maybe you just don’t know where to start? We’ve been there. At Rock/Creek, we had to overcome serious technical hurdles and re-think our checkout process before implementing an abandoned cart campaign. But boy, did it pay off! We’re currently reporting a 20% conversion rate on the first message in the campaign, with no incentive to impact our margins. The message sees a 57% open rate and 34% click rate. As an added bonus, we have uncovered several bugs in the new checkout thanks to customer feedback in response to that message. A cart abandonment campaign is a must for any eCommerce retailer. If you want to maximize your ad spend and raise the conversion rates from all ad channels, you want to have a good “closer” email that goes out day and night without you having to think about it. In this session, led by Mark McKnight & Jeff Bartlett from Rock/Creek, you will learn how to set a strategy to re-target your abandoners and bring them back to close the sale.

Transcript of Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Page 1: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Thursday, May 2, 13

Page 2: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Do You Want 57% Opens, 34% Clicks? I Got It with Shopping Cart Abandonment!Rock/Creek’s best-performing email, and what it takes to make your own.

Thursday, May 2, 13

Page 3: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Bronto’s multi-brand platform

Thursday, May 2, 13

Page 4: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

NOW/FOREVER

Thursday, May 2, 13

Page 5: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

NOW/FOREVER

@markmcknight

Thursday, May 2, 13

Page 6: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

NOW/FOREVER

@markmcknight

@jbartlett79

Thursday, May 2, 13

Page 7: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

NOW/FOREVER

Thursday, May 2, 13

Page 8: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Chattanooga, TN

Thursday, May 2, 13

Page 9: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

The Block, our 5th store in Chattanooga.

“The Block is the largest adaptive reuse project in Chattanooga's history, turning the old Bijou theater into a vibrant urban centerpiece”

Thursday, May 2, 13

Page 10: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Why follow up with abandoned carts?

THIS IS WORK.

Thursday, May 2, 13

Page 11: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Why follow up with abandoned carts?

but it works.

Thursday, May 2, 13

Page 12: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Why follow up with abandoned carts?

Imagine logging into your Bronto dashboard and seeing metrics like these...

Thursday, May 2, 13

Page 13: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Why follow up with abandoned carts?

Imagine logging into your Bronto dashboard and seeing metrics like these...

Thursday, May 2, 13

Page 14: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Why follow up with abandoned carts?

Imagine logging into your Bronto dashboard and seeing metrics like these...

Thursday, May 2, 13

Page 15: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Why follow up with abandoned carts?

Imagine logging into your Bronto dashboard and seeing metrics like these...

Thursday, May 2, 13

Page 16: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 1

STEP 1

Thursday, May 2, 13

Page 17: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 1, make a plan.

make a plan.

Thursday, May 2, 13

Page 18: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 1, make a plan.

Start on paper.

Thursday, May 2, 13

Page 19: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 1, make a plan.

Start on paper.

Know (or find out) what you can accomplish today.

Thursday, May 2, 13

Page 20: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 1, make a plan.

Start on paper.

Know (or find out) what you can accomplish today.

What goes on the development roadmap?

Thursday, May 2, 13

Page 21: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap

STEP 2

Thursday, May 2, 13

Page 22: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 2: design & build

design & build.

Thursday, May 2, 13

Page 23: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 2: design & build

Again, I suggest paper.

Thursday, May 2, 13

Page 24: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 2: design & build

Again, I suggest paper.

Mock it up; show it to your developer.

Thursday, May 2, 13

Page 25: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 2: design & build

Again, I suggest paper.

Mock it up; show it to your developer.

Map the fields you’ll need.

Thursday, May 2, 13

Page 26: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 2: design & build

Again, I suggest paper.

Mock it up; show it to your developer.

Map the fields you’ll need.

Iterate.

Thursday, May 2, 13

Page 27: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 2: design & build

We started with a hypothetical cart and built a static email the way we wanted it, then went back to our developer to pull the information we needed... more from Jeff on this later.

Thursday, May 2, 13

Page 28: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 2: design & build

Even if you’re just saying “we noticed you didn’t check out, can we help?” you’re doing more than many retailers.

Thursday, May 2, 13

Page 29: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap

STEP 3

Thursday, May 2, 13

Page 30: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

develop & program.

Thursday, May 2, 13

Page 31: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

Develop the process!

Thursday, May 2, 13

Page 32: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

Ask your e-commerce development team for the data you need.

Start collecting the data if you don’t already.

Thursday, May 2, 13

Page 33: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

Again, I suggest paper.

Draw the flow; where are the key data points held?

How can you get them into Bronto?

Thursday, May 2, 13

Page 34: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

Define your abandonment trigger: does your e-commerce platform identify abandoners?

Will you need to determine the criteria?

Thursday, May 2, 13

Page 35: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

What information do you need to populate a compelling email?

We decided we wanted one large “hero” image and several smaller images for other items.

Thursday, May 2, 13

Page 36: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

We wanted to include the product name and the brand name (but not the price, in case it had changed since they last visited).

Thursday, May 2, 13

Page 37: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

We keep the email in an anonymous profile, write the cart contents to the database, and use the cookie to populate the cart contents on the next visit.

Thursday, May 2, 13

Page 38: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

We store product information in another database, so our abandonment email code includes a cross-check across these two databases.

Thursday, May 2, 13

Page 39: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

Think about how often you can sync data from your e-commerce engine, how often you want to send, and if there will be any lag after an order is placed.

Thursday, May 2, 13

Page 40: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step 3: develop & program

You will want to build out a temporary suppression list for new purchasers so you’re not sending any triggered emails if a purchase has been made.

Thursday, May 2, 13

Page 41: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step(s) 4+

STEP(S) 4+

Thursday, May 2, 13

Page 42: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step(s) 4+

TEST! TEST! TEST! (REPEAT)

Thursday, May 2, 13

Page 43: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap: Step(s) 4+ Test! Test! Test! (Repeat)

What works for your audience will not be the same as what works for us.

Test your subject line, creative, message send timing, and offer (or lack of offer).

Thursday, May 2, 13

Page 44: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned cart roadmap recap

Make a plan, and go one step at a time. Our current process took over a year to implement.

Step 1: Planning

• Objectives: What are you trying to accomplish?• Timeline: What can you do today? What needs to go on a roadmap.

Step 2: Design & build the emails

• Email subject: How do you want to stand out in the inbox?• Email creative: Feature the product! Keep their interest.• Series timing: Do you need more than one email?

Step 3: Develop & program

• E-comm platform: Does your site retain cart contents in the first place?• Checkout design: Capture e-mails up front, if possible.• Timing: How often are you able to sync data, and when should you send?• API implementation: Transfer cart contents as often as possible. Can you access the product image?

Steps 4+: Test! Test! Test!

• Test all of the various decisions you made above, and never stop testing!

Thursday, May 2, 13

Page 45: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Remember this slide? Now let’s get to work.

THIS IS WORK.

Thursday, May 2, 13

Page 46: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Why follow up with abandoned carts?

let’s look at what we built.

Thursday, May 2, 13

Page 47: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandoned Cart Series

Consider followup emails to convert even more customers.

Send #1: Immediate Send #2: Day 3 Send #3: Day 5

Thursday, May 2, 13

Page 48: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Checkout flow.

Thursday, May 2, 13

Page 49: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Checkout flow.

Thursday, May 2, 13

Page 50: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Checkout flow.

Thursday, May 2, 13

Page 51: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Checkout flow.

Thursday, May 2, 13

Page 52: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Checkout flow.

Thursday, May 2, 13

Page 53: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Subject line: Oops! Stands out from the crowd.

Thursday, May 2, 13

Page 54: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandon 1: Subject: Oops! Can we help with anything?

Thursday, May 2, 13

Page 55: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandon 1: Subject: Oops! Can we help with anything?

Elements to include:

• Clear call to action: “Complete my order”• Cart “hero” image. Inspire your customer and

remind them why they were shopping.• Prominent phone number• Offer to help: Was there a problem? You’ll find

out about technology issues far faster with a message like this in place.

• Trust marks• Key value propositions: free shipping, easy

returns, etc.• We include a link to a survey that has been very

helpful in our shopping cart design• We do not include sale pricing, but if you can,

you may want to consider a countdown or date when the sale ends

• Social media/social proof

Thursday, May 2, 13

Page 56: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandon 1: Subject: Oops! Can we help with anything?

Potential improvements:

• Star ratings• Customer testimonials• More trust marks?• Pricing: especially sale

end dates if we can get them

• Click-to-call• Click-to-chat

Thursday, May 2, 13

Page 57: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Do you need a series?

Second Send: Cart Expiration

• Retains many of the elements from the first abandonment message

• Brings security & ratings seals up a bit• May have too much copy?

Thursday, May 2, 13

Page 58: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandon 3: Subject: “Inside: 10% off your next order!”

Thursday, May 2, 13

Page 59: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Abandon 3: Subject: “Inside: 10% off your next order!”

Potential improvements:

• Star ratings• Clearer call to action• Customer testimonials• More trust marks?• Pricing: especially sale

end dates if we can get them

• Click-to-call• Click-to-chat• Custom creative for

each segment

Thursday, May 2, 13

Page 60: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

SmartFurniture.com abandoned cart example.

Key elements:

• Discount right out of the gate (this was the first email I received)

• I love the “Why Shop Smart?” section with all the key value propositions

• Pricing is included. I would recommend testing this, especially with high-dollar product. We went for a big hero image and are downplaying price.

• Great copy• Clean, to the point. Great design.

Clear call to action!

Thursday, May 2, 13

Page 61: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Reinforce your key value propositions. Keep it simple.

Thursday, May 2, 13

Page 62: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Test Results & Next Steps

Message Subject Open Rate Click Rate Conversion Rate

Abandonment Message 1: Sent

Immediately

Oops! Can we help with anything?

56.2% 34.2% 20.4%

Step 2: Your cart is expiring soon!(No incentive)

Complete your checkout before it's too late.

52.2% 30.0% 7.3%

Step 3 Test A:10% off coupon

WINNER!

Inside: a coupon just for you!

59.2% 25.3% 14.4%

Step 3 Test B:$5 Coupon

59.2% 59.2% 19.1% 11.3%

Thursday, May 2, 13

Page 63: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Test! Test! Test!

Offer test

• We had a clear winner on our offer test between $5 and 10%.• We didn’t want to give away more than was necessary to save the sale.

Subject line test

• We’re currently testing subject line on the third message with the 10% offer.• “Inside: a coupon just for you!” vs. “Inside: 10% off your next order!”

Content test

• Try showing the cart contents again (currently only showing on first 2 mailings).• Perhaps rotate cart contents so the “hero” image changes between send 1 & 2

Thursday, May 2, 13

Page 64: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

How many abandonments were saved?

95%

5%

Purchased Didn’t purchase

Thursday, May 2, 13

Page 65: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Which email drove the purchase?

7%7%

86%

Purchase on message #1 Purchase on message #2 Purchase on message #3

Thursday, May 2, 13

Page 66: Do You Want 57% Opens, 34% Clicks? I Got It With Shopping Cart Abandonment!

Thursday, May 2, 13