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Posts Tagged ‘personalization’

How a Healthcare Software Company Used Behavioral Marketing to Exceed Lead Targets by 400%

January 30th, 2017

As marketers, when we hear the term “personalization,” we’re conditioned to think, “Hello [recipient name], I really looking forward to sharing with you some ways that [company name] can best serve you.”

Though these methods may have increased opens and clickthrough a decade ago, they are no longer capable of working magic on their own. In short, customers have figured us out.

We all know that email can be effective at driving demand. The challenge is knowing exactly how to craft our emails in such a way that they are immediately relevant to our prospects.

How deep should you segment? How do you figure out the right message to send to each segment?

In this interview at MarketingSherpa Summit 2016, Jeremy Mason, Director of Demand Generation, SCI, will discuss his takeaways from how his team redefined their primary buyer personas and launched a triggered email nurturing program based on prospect depth, role, readiness and behavior.

SCI Solutions, a Seattle-based company that offers software to hospitals and other medical facilities, is faced with an impossibly crowded marketplace. The contact information for every buyer is easily available, and open rates across the industry are less than 1%.

To combat this, Jeremy and his team combined the most effective aspects of persona-marketing and trigger-based marketing to create a truly individualized behavioral marketing plan. Read more…

Customer-centric Marketing: 5 more takeaways on consumer behavior from researchers and strategists [Part II]

June 17th, 2016

MarketingSherpa Summit 2017 will be here before you know it, and our team is hard at work planning the agenda, with a special emphasis on customer-centric strategies and approaches.

As we select our keynotes, the team has conducted in-depth research and gained some interesting takeaways from both academic and marketing practitioners.  We highlighted the first five takeaways earlier this week, and we have five more thought-proving insights again for you today.

 

Takeaway #6. Build habit forming products

Many of the products we use in our daily routine have influenced our routines.

Nir Eyal, author of best-selling book Hooked: How to Build Habit-Forming Products, has identified a design pattern in habit forming products. He describes this design pattern, “the hook,” as “an experience designed to connect the users’ problems to your solution with enough frequency to form a habit.”

The hook is comprised of cycle of triggers, actions, rewards and investments. The triggers can be internal or external, but must evoke motivation to act.

For instance, customers need to anticipate the reward for their action or they will not engage. The more involved a customer becomes with a product, the more likely he or she will develop a loyalty to the product.

Nir explains, “Products that create successive cycles through the hook help customers’ preferences, tastes, and habits develop.”

This engagement is what makes these products better, it’s not necessarily the quality of the products.

 

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Customer-centric Marketing: 5 takeaways on consumer behavior from researchers and strategists [Part I]

June 14th, 2016

At MarketingSherpa, we’re in the planning phase for MarketingSherpa Summit 2017. With the interest of our customers’ experience at the core of our every decision, we conduct extensive research to select the most thought-provoking and applicable keynote sessions for our attendees.

During our research phase, we have identified 10 key takeaways from leading experts (both academics and practitioners) in marketing. That’s a lot of key takeaways, so we’re breaking it up into two digestible bites. Read on today for insights around customer centricity, empathetic marketing and “less is more.”

 

Takeaway #1. Customer centricity does not mean doing exactly what the customers want

Dr. Peter Fader, Professor of Marketing at University of Pennsylvania and Co-director of the Wharton Customer Analytics Institute, explains that while performing at the level of meeting or exceeding customers’ expectations is a component of customer centricity, it should not be a blanketed approach for all customers.

According to Fader, truly customer-centric organizations do not treat all customers the same because they do not provide equal value to the company. Most of us are aware that we should identify different segments of customers. Fader establishes that while segmentation itself is not a new idea, how it is conducted has evolved from simple demographics to customer lifetime value. He suggests companies organize themselves around different customer segments rather than different products. Then, organizations can deliver products appropriate to their segments of customers.

In summation, to truly become customer centric, companies need to identify and invest in the right customers.

  Read more…

How Ancestry.com Personalized Its Offer Page to Specific Customer Segments

October 30th, 2015

Every marketer wants to help their customers discover something. Even if your product or service is not as personal as family history, that doesn’t mean that your marketing can’t be personalized.

In the case of Ancestry.com, the team uses information from users’ family trees to search its vast collection of historical content and records. While making a family tree is free, users must sign up and become a subscriber through an offer page to access any of the content.

“Our mission at Ancestry is to help everyone discover, preserve and share their family history,” Emily Titcomb, Senior Manager of Product Marketing, Ancestry.com, said.

The offer page can be accessed through a variety of paths on the Ancestry.com site. However, despite Ancestry having 2.7 million paid subscribers around the world searching 13 billion pieces of digitized content, the offer was the same for everyone.

Watch the full session replay on MarketingSherpa.com: Inbound Marketing: How Ancestry.com increased conversion by 20% with reduced choice barriers and targeted content

Ancestry

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How Microsoft Store Turned Its Receipts Into a Personalized Customer Touchpoint

September 18th, 2015

Personalized marketing is a customer-centric trend that’s been on the rise, but it’s one of those trends that can seem unattainable.

After all, creating a truly personalized, one-on-one experience between your brand and your customer takes a drastic toll on time, resources and manpower. Or at least that’s what you would think at first glance.

Enter Microsoft Store.

Shawna Dahlin, Senior Email Marketing Manager, Microsoft Store, sat down with Selena Blue, Manager of Editorial Content, MECLABS, at MarketingSherpa Email Summit 2015 to discuss how she and her team made the seemingly unattainable achievable. Shawna created a more personalized email campaign by using data the brand already had available about relevant customer experiences.

To begin, Shawna wanted to change Microsoft Store’s email marketing strategy to make it more personalized, but she lacked the IT resources she needed. To meet this challenge, she developed a plan that would personalize the brand’s email strategy without utilizing IT.

Shawna accomplished this by collecting data that Microsoft Store already had on its consumer base and testing Microsoft Store’s email sends based on this data. Overall, this effort resulted in a:

  • 500% increase in CTR for segmented emails
  • 300% increase in open rate for segmented emails
  • 1,200% overall revenue increase in three years
  • 600% increase in revenue per email (for lifecycle)

Learn how, by implementing this data-centric approach, Shawna was able to transform an email send that almost every consumer receives — the receipt — into a successful first touchpoint.

 

Read more…

Email Marketing: How to utilize your consumer data without being creepy

August 11th, 2015

Have you ever been at a social event and a person, unknown to you, eagerly greets you by name? Recall the creepy feeling you got in that situation.

It leaves you thinking — who is this person and how do they know this personal information?

Thanks to the Internet, marketers have the ability to collect and use an absurd amount of personal consumer data. As marketers, we’ve used this data to guide consumers to ideal products and services without them even knowing. Well, let me revise that last statement — we used to do this without consumers knowing.

 

Avoid This: Personalization                                                                                             

As personalization has become a buzzword over the last few years, efforts to connect with consumers have gone haywire. Every day, I receive emails from companies who promote products similar to those I’ve pinned on Pinterest and address me by my name, or at least attempt to:

The Adverse Effects of Email Personalization

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Personalized Marketing: Choosing your targets wisely

May 22nd, 2015

A recent MarketingSherpa B2B Newsletter case study, “Personalization Marketing: In-trial messages increased online registrations by 15% for a B2B SaaS,” covered Brainshark, a cloud-based B2B service for training, sales conversions and marketing. The case study examined how Brainshark pushed personalized messaging on users of a freemium product that offered a scaled down version of one of its main enterprise products.

These messages took the form of informational and educational tips about using the freemium products and promotions for other free Brainshark products, while offering to upgrade to the paid version.

The freemium product, myBrainshark, creates video presentations out of static data, such as presentation slide shows, spreadsheet data, PDFs and other written content. Although Brainshark targets business users director-level and above in sales training, enablement and operations, the freemium product attracted more than just attention from business users. Arthur Gehring, Vice President of Demand Generation, Brainshark, said educators were another main user base.

He explained, “It’s amazing how much kids today are using technology like this in the classroom. It’s really cool. A lot of high schools, elementary schools, use myBrainshark as a learning aid.”

Arthur continued, “Those people — we’re not as interested in trying to sell them an enterprise product.”

At the same time, for Brainshark’s actual target audience, Arthur said the team wanted to know more about those users and used analytics to see what they were looking for. He described it as, “[trying to] help them and hopefully provide more value to them.”

 

Making registration quick and painless

To register for myBrainshark, new users only have to provide a screen name and email and create a password. Arthur said the small number of form fields was to drive as many registrations as possible.

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Email Summit 2015 According to Twitter: Your peers share their key takeaways from Day 1 on engaging, empowering and serving customers

February 25th, 2015

If you haven’t noticed, #SherpaEmail has taken over Twitter.

Well, maybe not in a break-the-Internet scale of Kim Kardashian, but your marketing peers have been tweeting their hearts out with all the good information they’ve learned at MarketingSherpa Email Summit 2015.

With Day 2 of Summit underway, we wanted to share some key nuggets your peers found valuable on Day 1. (I might have smuggled a few of my own in too.) Check out some key takeaways from each of yesterday’s insightful sessions.

 

Humanizing Your Email Program: How to transcend the digital revolution by using the essential ability to communicate person-to-person

Flint McGlaughlin, Managing Director and CEO, MECLABS Institute

Flint revealed four fundamental principles that guide effective communication and provided examples of how these principles can be used to transform your entire email program.

Read more…

Three Takeaways on Customer-centric Marketing from Email Summit 2015 Media Center

February 24th, 2015

There are a lot of decisions that go into putting on Email Summit. Millions, probably, if you go deep enough.

But they all come around with one objective: you. The attendees and people who are reading about, and following, the event.

In every discussion and decision, we were asking ourselves how it would affect the experience. Your experience. So it made sense that when it came time to pick speakers and give out the Email Summit Awards, sponsored by BlueHornet, that customer-centric campaigns were the ones that rose above the rest.

Fellow Email Awards judge Daniel Burstein, Director of Editorial Content, MarketingSherpa, and myself sat down on the steps of the (still under-construction) 2015 Email Summit Media Center to discuss some of our award winners and the customer-centric elements of campaigns featured at the Summit.

Media Center 2015

 

“The companies that focused on customers, that put their customers first, are the ones that ultimately have the sustainable competitive advantage,” Daniel said.

Our marketing compass points toward true customer-centricity, so it was important that marketers we featured held that same standard.

Daniel spoke about the B2B Award winner he has been working with over the past few months, Ferguson, and one of their main takeaways from their own event effort: Always look to enrich the customer experience.

Ferguson Enterprises generated more than $10 million and growing in online sales by enriching the customer experience within their 90 trade show events, which allowed Ferguson’s vendors to get in front of customers and promote their brands and products.

To accomplish that, Ferguson went from one email per event to a segmented series as well as optimized its onsite event registration for better retargeting.

Read the full case study here.

Read more…

Email Marketing: Unique send times for micro-personalization [Video]

August 15th, 2014

According to the MarketingSherpa Ecommerce Benchmark Study, email was the top channel for driving significant traffic to an ecommerce site. For companies in the $10 million $100 million range, it drives nearly 80% of the traffic.

However, if you are not sending your marketing emails at the most optimal time for your audience, you’re leaving revenue on the table.

This is not a new challenge. But timing the right message to the right person at the right time remains a critical aspect to effective email marketing.

At MarketingSherpa Email Summit 2014, Dave Sierk, Consumer and Small Business Strategist, Dell, took the stage to share several case studies showing how Dell leveraged a GIF-centric campaign to achieve a 109% revenue lift.

You can see Dave’s full presentation from Summit for that story, but in this MarketingSherpa Blog post, see how Dell created unique send profiles for each of its customers to personalize email marketing efforts on a micro-level.

 

While composing a creative and engaging email is a great start to driving traffic and, hopefully, conversions, sending it at a time that does not match customers’ email viewing habits could mean your efforts are wasted when that email never gets opened.

dell-send-times

 

Watch this brief excerpt from Dave’s session to see how the team personalized email send times to adjust to customer’s consumption habits and drove an 8.2% increase in unique click rate.

Read more…