Archive

Posts Tagged ‘ecommerce’

Email Marketing: Don’t let email own the ecommerce showroom floor

July 11th, 2014

According to the MarketingSherpa Ecommerce Benchmark Study (free download at that link), email was one of the most frequent sources of ecommerce traffic for organizations across every revenue range.

Email marketing being at the forefront of ecommerce marketing tactics is quite obvious when you consider the mass of storefronts that greet you with an email squeeze before you can even get to the shelves.

channels-drive-growth

 

It works, but only to a degree. According to Ben Pressley, Head of Worldwide Sales, Magento, there is one big problem.

Ben, who was accompanied with Pete Prestipino, Editor-in-Chief, Website Magazine, joined Daniel Burstein, Director of Editorial Content, MECLABS, at MarketingSherpa’s Media Center at IRCE to discuss the state of ecommerce in 2014.

As Ben explained, email now owns the showroom floor because it’s where a lot of organizations attribute revenue, perhaps even when they shouldn’t.

“Email and search are the two top channels in marketing, no surprise there,” Ben explained, “But I think we would classify that as having the approach of last-touch attribution, where you’re giving credit to the channel that didn’t necessarily stimulate the demand; you’re giving the credit to the channel that brought you the sale.”

Read more…

Ecommerce: Why going global really means going local

July 8th, 2014

Global ecommerce is growing.

With that growth comes two insights:

One is satisfaction on my part in seeing fellow anthropologists land jobs at Microsoft and Absolut Vodka to aid in marketing research.

The other part of that growth is the realization among savvy ecommerce marketers that delivering a consistent brand experience in a multi-cultural global marketplace is not going to be easy.

I say this in light of the recent interview between MarketingSherpa Reporter Allison Banko and Rob Garf, Vice President, Industry Strategy, Demandware, in the MarketingSherpa Media Center at the Internet Retailer Conference and Exhibition.

Rob, who spoke at IRCE this year in Chicago, shared his thoughts on how preserving brand value and relevance across multiple cultures will be vital to delivering a consistent brand experience in new markets.

 

Brands looking to expand their reach into new cultures need to understand: It’s not about you; it’s about the locals.

“It comes down to really being entrenched in how consumers behave and how they want to interact with the brand,” Rob explained. “One key aspect is to have a local presence.”

If you want to see more interviews from ecommerce experts and in-the-trenches marketers, visit MarketingSherpa.com/IRCE.

Want to dig deeper into what’s working in ecommerce today? Download the MarketingSherpa E-commerce Benchmark Study for insights gathered from 4,346 marketers on everything from what’s happening to the ecommerce landscape, to which strategies successful ecommerce companies are employing.

Read more…

Ecommerce: 2 tips to help small businesses navigate multichannel marketing

June 27th, 2014

This year at the Internet Retailer Conference and Exhibition in Chicago, Nicole Snow, Founder, Darn Good Yarn, sat down with Daniel Burstein, Director of Editorial Content, MECLABS, in the MarketingSherpa Media Center to discuss the challenges of navigating a multichannel digital landscape while retaining a small business identity.

Darn Good Yarn’s value proposition is based on stimulating growth in poverty-stricken areas of Nepal and India by recycling silk yarn into products Nicole imports and sells in the United States.

Nicole does not have a background of making yarn. In fact, when she began, knitting was only a hobby.

“[Starting my business was] a lot of learning and I tried to do things on the cheap; I was self-funded,” she said. “It was a real benefit because I respected every single marketing dollar. Every single test I did had to be really the right choice for me as a business.”

 

These careful business decisions penetrate the whole of Nicole’s business, from hiring employees to protecting her suppliers.

“People around the world work for me,” Nicole said. “I’m pretty proud of that business model because it really is indicative of a newer economy.”

Nicole has been very protective over the growth of her company, both in the U.S. and abroad.

She insisted part of becoming a successful small business includes “controlling growth and not allowing it to just blow up.”

“Then, you start getting abuses of supply chains and of humans that way and that’s important to us, to make sure that doesn’t happen,” she explained.

Here were two important takeaways Nicole offered to help small businesses navigate a multichannel digital world:

  • Purposefully enter channels – Find a few channels that work best for your small business because you can’t be everywhere.
  • Find advocates – Look for supporters who want you to succeed and build relationships with them.

 

Remember your roots

Let your passion bleed through every decision that you make for your business.

As companies grow, adaptations to an organization’s process and strategy are inevitable. We surveyed 4,436 marketers on how management styles and approaches should shift as ecommerce companies grow. You can see that data on page 15 of the MarketingSherpa E-commerce Benchmark Study.

Want to see more interviews with IRCE speakers, industry experts and in-the-trenches marketers from the MarketingSherpa Media Center? All 32 exclusive interviews from IRCE are available for viewing.

 

Read more…

E-commerce: 2 tactics to increase relevance in your email sends

February 11th, 2014

Relevance.

Relevance is the biggest reason why a customer opens your emails amid the flurry of messages they don’t open.

True relevance is elusive, tough to achieve and even harder to maintain.

In today’s MarketingSherpa Blog post, I wanted to share two tactics for moving the relevance dial that you can you can use to aid your own email marketing efforts.

 

Move from rebates to readership

For some marketing teams, promotional sending is habitual on a scale viewed as borderline narcotic.

With limited time and resources, incentives intuitively seem like the right move to drive sales, but when the customer experience becomes built on a quid pro quo discount purchase relationship, you’ve got a bit of a problem on your hands.

So how do you break the cycle of promotional-only emails?

Well, one approach Marcia Oakes, Senior Online Marketing Manager, Calendars.com, shared in a recent case study is to create relevant content that celebrates your product and engages your customers.

Marcia’s team realized that their problem was two-fold, as calendars are a seasonal product and even promotions have their limits with customers.

“There are only so many ‘calendar clearance’ messages that our subscribers will receive before they will opt-out,” Marcia explained, adding, “We don’t want our list to go cold. That would hurt us with our deliverability with the major ISPs.”

 

Marcia’s team built a monthly newsletter around blogging and social media that engaged their subscribers with year-round entertaining content.

Their move beyond promotions to audience building resulted in open rate increases of 46% over the previous year.

 

Customers will abandon more than just your cart

I think it’s important here to make a distinction.

Moving beyond a tactic doesn’t mean you abandon it altogether.

It just simply means you take one more deliberate step toward doing it better than you did yesterday, and hopefully better than the other guy.

For example, Laura Santos, Marketing Manager, Envelopes.com, saw an opportunity to move beyond cart abandonment triggers and seized it.

Laura’s team used their customer data to determine a chance existed to increase sales among their multiple-visit shoppers by sending emails to customers triggered by abandoned product pages that encouraged them to return and complete the transaction.

 

The tactic slashed checkout abandonment rates by 40% in less than two years while increasing overall checkout conversions by 65%.

You can learn more about how Laura’s team used triggered sends and testing to increase their ROI in a recent case study, “E-commerce: Moving beyond shopping cart abandonment nets 65% more checkout conversions.”

Read more…

Content Marketing: How to serve customers when they shouldn’t buy from you

January 14th, 2014

You have a great product to sell. So you pour time, creative ability and life’s energy into making sure customers know just how great that product or service is.

But, just between friends now, that product isn’t right for everyone, is it?

If you answer that question honestly, it naturally brings up another question.

 

How do you give your customers what they want even if you don’t have it?

Content marketing is about serving customers, not pushing product. Only once you serve those customers (and build up trust) can it become an effective vehicle for selling. And oh brother, can it ever be effective.

Here are two ideas for serving customers when your product isn’t right for them.

 

Idea #1. Help customers decide not to buy your product

Limited shapes and designs: Because fiberglass pools are built from a mold, the consumer is limited to the shapes and sizes offered by the various fiberglass pool manufacturers.

The above line is from a blog for a company that sells fiberglass pools.

What? Why?

“Fiberglass might be too skinny, but if you’re looking for that size, it can be good for you,” said Marcus Sheridan, Co-owner, River Pools and Spas. “We tell potential customers, ‘You know what, fiberglass might not be for you. And that’s OK, we’re going to figure it out together.’”

The results? The “problems post” garnered 176 comments, 396 inbound links and 43,867 page views. For a small pool company. In Virginia.

You can read more at “Competitive Messaging: Tell your customers what you can’t do.”

 

Idea #2. Help them get what they want

Sometimes customers can’t find what they want from you because it simply doesn’t exist yet.

Since the best marketing messaging is based on how the customer expresses what they want, hopefully you’ve been:

  • Listening in on social media
  • Engaging with customers service
  • Learning from Sales
  • Doing research in relevant target audience-focused newspapers, magazines and websites
  • Testing value proposition expressions using A/B testing

In doing customer research, you will naturally come across these gaps of unfulfilled customer desire.

When you do, it’s a chance to work with product development and business strategy to test your company into new products and services to better serve your customers’ unmet needs.

But sometimes, you simply can’t produce that new product or service.

What to do? Check out this brilliant idea from Eventful, the Best in Show in the E-commerce category in MarketingSherpa Email Awards 2014, sponsored by ExactTarget.

Here’s how the event Web service handles an unfulfilled customer desire.

I’ll be the example. I go to Eventful.com to search for a Pearl Jam concert in Jacksonville. But Pearl Jam doesn’t have any concerts planned for Jacksonville (really, Eddie, really?), so I’m greeted with this pop-up that states, “Would you like to be notified when Pearl Jam comes to Jacksonville?”

 

The other option I have if I close the pop-up is:

“Bring Pearl Jam to Jacksonville! Demand it!”

  Read more…

Ecommerce: 10 case studies to help you excel in content marketing, social media and website optimization

November 26th, 2013

Shopping from your seat is a beautiful thing.

Customers relish the convenience and ease of online shopping, but those on the other side of the screen know the process isn’t so effortless. Ecommerce can present itself as a multidimensional demon, frightening marketers with shopper abandonment and confusing consumer behavior.

However, there are plenty of marketers who have slain the beast on their way to success. Our MarketingSherpa reporters know this because they have penned many of these marketing heroes’ tales of triumph.

Let’s take a look back at the lessons we learned from these 10 ecommerce case studies.

 

Case Study #1. Ecommerce: Edible Arrangements’ countdown ad lifts same-day orders 8%

Lesson: Don’t assume your company’s existing features or services are on the customers’ radar.

The basis for a stellar marketing campaign doesn’t have to revolve around a new service, product or feature. Your company could have a pre-existing item that could use some additional awareness. Take Edible Arrangements’ same-day delivery service. Kaitlin Reiss, Vice President of Ecommerce, Edible Arrangements, told MarketingSherpa the service was the company’s “hidden gem.”

“A lot of people don’t realize that we have same-day delivery, even though it is not something new for us, so we realize that we will need to do even more to promote it,” Reiss said.

The hub of tasty fruit bouquets utilized simple promotion through a variety of channels to increase both email open rates and its same-day orders, too. Are your company’s pre-existing services being promoted to its greatest potential?

Doubtful. Despite the fact that those features may not be new to the company, it could be new to consumers.

 

Case Study #2. Ecommerce: Moving beyond shopping cart abandonment nets 65% more checkout conversions

Lesson: Targeting customer abandonment is worth it.

We’ve all been there. Perusing products on the Internet when the phone rings, it’s time for dinner or the dog is barking for a walk. No matter what it is that pulls us away from the computer, distractions are inevitable.

As an ecommerce marketer, understanding and reeling your consumers back in is crucial for garnering conversions. Many ecommerce companies have found success recovering customers through abandonment emails.

The case study above examines how Envelopes.com targeted category, cart and checkout abandonment with emails sent less than a week after the customer left the site. The campaign lifted the company to net 65% more checkout conversions.

Examine why your ecommerce site isn’t earning those sales. Is it internal, or could it just be the busy lives of your consumers? Sometimes, all it takes is a little reminder.

 

 

Case Study #3. Email Marketing: How an ecommerce site eschews discounts in favor of eco-friendly content

Case Study #4. Ecommerce: How Wine Enthusiast increased organic traffic 154% with content marketing

Lesson: Content can help you connect with consumers while building trust, too.

As an ecommerce marketer, you’re not face-to-face with your consumers — your computer screen is. Establishing trust and connecting with them is a feat of its own. In these two case studies, ecommerce companies utilized content to increase traffic and awareness of their brands to stand out in a crowded Internet space.

PoopBags.com – yes, you read that right – built an email marketing strategy on eco-friendly content. As a biodegradable bag for pups’ – er – business, the brand developed email content emphasizing environmental causes, charities and pet-related issues.

“It makes it easy to bond with people … knowing that we write about things that are so important, and we care passionately about, makes [writing email content] pretty easy to do,” Paul Cannella, Owner, Poopbags.com, told MarketingSherpa of the company’s content strategy.

Retailer Wine Enthusiast also put content into play to earn trust with consumers. The company’s website features wine reviews, articles and videos to help build an audience. The content helped yield a 50% increase in monthly email opt-ins.

“We put time into creating helpful content that helps people either make a buying decision or entertain them,” said Erika Strum, Director of Internet Marketing, Wine Enthusiast Companies. “Even if they aren’t making that purchase in the moment, we feel that they will come back to us as a great source of information.”

Do you have something to offer your consumers other than a great product or service? Look to content to form valuable trust and relationships in your market.

 

Case Study #5. B2B Ecommerce: Redesigned online form increases quotes 67.68%

Lesson:  Your website must align with the way people shop online.

A website is never a finished product – it’s forever evolving. After all, it has to. Think about what would happen if you kept your website the same year after year. You couldn’t do that and be successful. The Internet is constantly changing as is the way customers expect to shop online. Failure to take this into account with the structure of your website has the potential to lead to your company’s downfall.

Take our case study on Company Folders, a company that provides businesses with custom folders. Prior to its marketing efforts, the company’s website was out-of-date and had a quote form that wasn’t conducive to the ease-of-use online shoppers expected.

By redesigning the website and online form, Company Folders experienced a 67.68% increase in total quotes.

The old online form: 

 

The new online form:

 

Company Folders CEO Vladimir Gendelman explained to MarketingSherpa how crucial it was for his company’s website to keep in the consumer in mind.

“In order to tackle this, and do all this, we had to think just like a customer would,” Gendelman said. “A redesign is not just like making [the website] look pretty. It is about making it extremely easy for [website] function.”

 

Case Study #6. Ecommerce: Adding trustmark boosts sales conversion 14%

Lesson: Small changes can lead to big differences.

Optimization doesn’t have to involve some huge website overhaul. Even the seemingly smallest of things can make a huge difference for your company and our case study on Modern Coin Mart certainly demonstrated that.

The self-described “Modern Coin Superstore” added a simple trustmark to its ecommerce site to ease customers’ anxieties about the purchasing process. A tiny graphic produced monumental results, boosting sales conversions to 14%.

What can you as an ecommerce marketer take from this? Don’t think you have to exhaust yourself to yield impressive results – even small changes can lead to big successes.

 

Case Study #7. Social Media Marketing: How a small ecommerce site attracted 293,000 Facebook fans

Lesson: Social media fosters marketing by the consumer.

What’s on your mind? Facebook gives its users a platform to speak their minds, share their photos and  promote your products. Yes, promote your products.

It may not be what Mark Zuckerberg initially had in mind, but Facebook can offer huge boosts to your company. It’s so simple for a customer to take a photo of your product, which provides your company with a testimonial, review and super sharable content that is free.

Does the product or service you’re selling suit the Facebook realm? In other words, is it sharable? Could it be? This can lead to impressive results. Look at our case study on Diamond Candles, a company that features rings beneath the wax of its candles. By utilizing customer-contributed photos on its Facebook page, Diamond Candles upped conversion rates and attracted more than 290,000 new Facebook fans.

For minimal effort, your ecommerce site has the potential to produce maximum results. Determine how your product can start a conversation in consumers’ social networks and then capitalize on it.

Read more…

E-commerce: Why a forced checkout registration is never a good idea

October 8th, 2013

“If you don’t eat yer meat, you can’t have any pudding.”

  • Pink Floyd, “Another Brick in the Wall (Part 2)”

The song was an outlet for bassist Roger Waters to express his dislike for the forceful approach to learning that was popular in the British education system during his youth. This serves as a great analogy for why forcing your customers to register for accounts is not always a good idea.

In today’s MarketingSherpa Blog post, I want to demand that you allow your consumers to have their pudding, even if they don’t eat their meat.

But in some cases, I know that “required” just can’t be avoided, so I’ll also share two methods you can try when your company just won’t budge on “leaving the kids alone,” as the song goes.

 

Make buying easier for users with low motivation

Unless your brand has the near cult-like following of Apple or Coca-Cola, then it’s likely your website will play host to visitors with low motivation.

Now, what will chase away users – and metaphorical British schoolchildren – with low motivation faster than a 12-inch ruler?

Having to submit their information to yet another website!

If a new visitor – most likely an important demographic to your business’ revenue – is forced to commit to an account before they make a purchase on your site, then you could lose this new customer.

 

Avoid cart abandonment by keeping new users moving through your checkout

Another reason to avoid a required registration is the dreaded cart abandonment.

Combine a visitor with low motivation and subject them to a rather lengthy checkout process, and you are just adding another brick in the wall.

But sometimes, registered accounts simply can’t be avoided for whatever reason …

What do you do then?

Well, it’s all in how you approach a customer with your demands for their data. While I discourage required accounts, consider these two account registration methods from our research that you can test to hopefully increase your sales and minimize cart abandonment:

 

Method #1. Front-end option

Provide an optional account registration option at the beginning of the checkout process for users with high motivation or brand loyalty.

However, you may need to provide some incentives to convince that user the registration option is in their best interest.

 

Method #2. Back-end option

Most businesses still need to ask customers to fill out billing and shipping information during the checkout process.

Why not offer customers an opt-in to a registration after their information has been submitted?

This only requires one action from the visitor (a “yes” or “no” answer) and can be placed before or after the completion of the order.

You may also need some additional value copy to convince users that a registration option is in their best interest, but the beauty here is that you’re not making them jump through the same hoop twice.

No matter which option your pick, the goal here is testing your sales funnel to discover the most strategic place for a required account registration if you can’t avoid it.

  Read more…

Email Marketing: 5 questions to find out if you’re using CRM as a glorified autoresponder

March 15th, 2013

One of my favorite proverbs is “Change yourself and you change your fortunes.”

Making changes that increase the bottom line starts with marketers making a commitment to change how they engage customers effectively with their tools at hand.

Tools like customer relationship management (CRM) and marketing automation systems that track user activities allow marketers to leverage behavior insights gained from captured analytics to engage both return customers and potential prospects.

But, according to Jermaine Griggs, Founder, Hear and Play Music and AutomationClinic.com, some marketers fail to put these tools to good use.

“Instead of better understanding ‘who’ or ‘what’ and letting the captured data talk to us, many of us are using CRM to send static time-based follow-ups,” Jermaine said.

Jermaine was a presenter at MarketingSherpa Email Summit 2013, and one of the key takeaways from his session at Summit was a hypothetical litmus test for marketers to self-assess their CRM and marketing automation usage.

Today’s MarketingSherpa blog post will present Jermaine’s litmus test as five questions every marketer should ask themselves about how they use CRMs and marketing automation to drive email campaigns. Our goal is to share peer insights you can use to aid your email marketing efforts.

But first, let’s take a look at a case study that provides a little backstory on how Jermaine discovered he was not using his CRM and marketing automation platform to their full potential.

Jermaine explained Hear and Play underwent a transformation when it started using its CRM and marketing automation platform to focus on personalizing its automated email marketing campaigns. The change resulted in a 416% increase in lifetime customer value and product purchases per customer from an average of 1.5 to 12.46.

“Our transformation came when we stopped using our CRM merely as a glorified autoresponder and started to really harness the power of behavioral and personalized marketing,” Jermaine explained.

 

Question #1: Do I have email campaign steps users can’t influence?

Jermaine suggested marketers assess their email campaigns using a ratio he calls an S2D score, or static vs. dynamic ratio.

In Jermaine’s S2D ratio:

  • Dynamic sends are influenced directly by customer action
  • Static sends are steps in a process that are not influenced by any customer action

Jermaine accredited increased use of dynamic sends over static sends as a driver of success in Hear and Play’s email marketing strategy reformation and suggests marketers take the time look at their data and acknowledge past customer behavior.

“It will go a long way, and there is an exponential impact on how customers respond,” Jermaine said.

Read more…

Website Strategy: 59% view the website as a marketing channel

November 30th, 2012

In the MarketingSherpa 2012 Website Optimization Benchmark Report, we shared how marketers view their website strategy …

Q: Which of the following statements are representative of your organization’s website strategy?

Click to enlarge

 

Why do you have a website?

“I usually start by asking new customers: ‘Why do you have a website?’” said Søren Sprogø, owner, Afdeling 18.

“Any answer but ‘To make more money!’ is wrong.”

“Next question of course then is, ‘How can your website help you earn more money?’ Now that’s the big one, and it can be discussed for hours. But by building your website around this question, you ensure that it supports your business and that it is measurable,” Søren concluded.

  Read more…

Evidence-based Marketing: This blog post will not solve your most pressing marketing challenges…yet

June 23rd, 2011

Here at MECLABS, we have a pretty singular focus – to help you optimize your sales and marketing funnel. Or as I like to say in every email I write: Our job is to help you do your job better.

But, as Tom Cruise said to Katie Holmes (or maybe it was Cuba Gooding, Jr.), “Help me, help you.”

So evidence-based marketers, on what topic do you need more evidence? Evidence to help you understand what your peers are doing. Evidence to help you understand what really works. Evidence to do a little internal marketing to your business leaders (or for the agency folks out there, your clients)?

Below are a few key topics you’ve been telling us you want to learn more about. We’re trying to decide on the topic for our next MarketingSherpa Benchmark Report. In which topic should we invest 5 months of a research manager’s time digging into to discover the evidence you need.

Please take 7 seconds and rank them in order of importance in the poll below. Or if we missed a topic entirely, please tell us in the comments section below.

In no particular order, the nominees are…

  • Analytics – Using analytics and metrics to drive business decisions from which products to launch to which landing page works best to which content is most relevant to your audience.
  • Mobile – Mobile tactics can vary slightly or widely from traditional approaches, so how are marketers developing and implementing wireless strategies? How are marketers planning their budgets and measuring their results? And, for the love of all that is holy, when on Earth will I be able to view Flash on my iPad? OK, maybe not that last one. But seriously Steve, it would be nice.
  • E-commerce – What do direct sale sites view as the top opportunities for the upcoming year? Are they investing in site speed enhancement, conversion optimization, or both? And is social media impacting purchases?
  • Agency and vendor selection and management – What factors play into how marketers choose and compensate agencies? How do marketers determine if they need a software platform in a specific space? And if so, do they buy, go with open source, or attempt something homegrown? How do you get IT’s support in choosing a vendor? And then, more importantly, how do you get IT to stop talking about “Star Trek: The Next Generation” already?
  • Salary survey – How much does Bill make?  He hasn’t had a good idea since 1993. And his tuna salad lunches stink up the office. OK, if not Bill, then what about the rest of your peers. Are you being fairly compensated? And what should you pay your team?
  • Lead generation – Which information do marketers view as most valuable? How do they keep their databases updated and clean? Do marketers find third-party lists effective? And in an age of social media, do marketers value a big email list as much?
  • Content marketing and lead nurturing – Do my peers outsource content creation or do it in-house? If so, how? Do they have their own teams? Or just beg, borrow, and steal from other departments?