LCMC: Lifecycle messaging vs marketing automation

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Transcript of LCMC: Lifecycle messaging vs marketing automation

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Lifecycle Messaging and Marketing Automation

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Kat Johnson Marketing Manager, Allen Edmonds

Sarah Veit Wallis Chief Operating Officer, Indochino

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Lifecycle Messaging is

Timely, targeted, relevant

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Lifecycle Messaging Benefits

If you get it right, you achieve• Happier customers• Higher sales• Lower costs

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Lifecycle Messaging is Important

If you don’t consider the customer’s mindset, you will• Lose the personal touch and the relationship

becomes a one way communication.• Lose prospects’ and customers’ interest and

engagement.• And spend more money on lower performing

campaigns.

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How to Approach Lifecycle Messaging

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Lifecycle Mapping and Data

Awareness

Consideration

Purchase

Post-purchase

Engagement

Reengage

ment

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Lifecycle Messaging Examples2nd Order

Message: “It’s easy to order again now that we have your measurements”

Segment: One-time buyers

Results: 2.25x revenue/email sent over segment benchmark

How I Wear Essential Gray

Message: “This is a versatile suit”

Segment: Customers who have not purchased a suit

Results: 1.5x revenue/email sent over segment benchmark

Reactivation (A/B Test)

Message A: $499 for a suit, shirt, tie

Message B: 10% off a suit, shirt, tie

Segment: Buyers who have not purchased in 9 or more months

Results:A: 10x revenue/email sent over segment benchmarkB: almost zero result

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Marketing Automation

How cool would it be if you could make lifecycle messaging happen by itself?

You can!

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You are probably working late... freaking out about deadlines…

The Batch & Blast

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Marketing Automation Benefits

• Reduce Operating Cost• Better Insights in to

What Works• Higher ROI

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Marketing Automation ExamplesOnboarding/Welcome

Message

Message: “Welcome to Allen Edmonds, The American Original”

Segment: New subscribers

Post Purchase Series

Message: “You have the shoes – how about that matching belt”

Segment: Customers who have purchased a pair of shoes.Purchase Upsell

Matching BeltCaring for

Your Shoes Time for a

Recraft

X DaysX Days

X Days

Cart Abandonment

Message: “Still deciding”

Segment: Abandoned online cart

Results: 20:1 ROI

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Marketing Automation ROI

Allen Edmonds:• Send 2+ million messages

per month.

• Email channel generates 60% of revenue online and 40% in retail stores.

Au-to-

mated32%

Promo-tional68%

Revenue

Automated12%

Promotional88%

Volume

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4 Take-a-ways

• Keep it simple for starters.• Test, Test, Test.• Let the data speak and assist in your plan.• You can automate!