Showing posts with label engagement. Show all posts
Showing posts with label engagement. Show all posts

Friday, June 27, 2014

Ecommerce Companies are using Twitter more frequently to keep customers interested and engaged!

A recent report in Economic Times of India dated 24th June carried an interesting trend article on how Indian e-commerce companies are leveraging the social networks like twitter to keep their ever growing twitter base interested and engaged with their brand directly on twitter.
e-commerce companies like Myntra, Snapdeal, Flipkart and Amazon are working on creating their brand on twitter and have a dedicated team to social media. The number of followers on twitter for brands like Myntra, Snapdeal and Flipkart and by influence with customer pales in comparison to major offline and online brands. The top 20 brands in the world on twitter ranked by the influence with customers are Whole Foods, Starbucks, Samsung, Jet Blue, Toms and etc. You can view the entire list and why they have been ranked by Business Insider.

Sunday, April 28, 2013

Boost customer engagement via CSAT campaigns

Other than solving world hunger or eradicating AIDS, if you are an online marketer, at some point of time you must have killed your brain cells over the deliverability of your email communication or pondered upon all that you could do to boost customer engagement.

Though we have covered deliverability and engagement as separate topics in several of our articles and whitepapers, in this article we’d like to explore how you could kill two birds (deliverability and engagement problems) with one stone (read on!).

Fundamentally, deliverability and engagement are intertwined. One cannot have good deliverability with poor engagement rates, and if deliverability is poor, you certainly cannot expect first-class engagement. It’s a cruel vicious circle.

Presuming you do everything by the book (have the right infrastructure, best practices in place, do not spam, etc), you could then initiate a CSAT survey program. Why? Because surveys are interactive in nature and require your customers to share their perceptions and opinions (something all customers love!). Hence, as a general rule CSAT surveys have the potential to obtain extremely high responses, some of our clients have obtained as much as over 40% open rates and easily a 60% of CTR (clicks over opens).

These surveys not only boost your engagement, make your email marketing interactive (like it should be) but also give a boost to your sender reputation (the score ISPs assign to you; the marketer). So just one program can:

1. Find out what your customers think of you, your products / services, and share their feedback
2. Give you bonus points in the books of your customers for caring to ask for their opinion
3. Empower you with knowledge that when used wisely can help improve customer retention and long term profitability of your company
4. Get you thumbs up from ISPs

If you think that all this is good, but you might not be able to manage it, think again. Email is the most flexible and powerful channel to manage such automations and Kenscio can get you started and setup in no time. It is possible to:

- Automate the survey campaign
- Automatically exclude customers who have completed the survey
- Only target a segment of customers who have actually bought something from you
- Dynamically populate survey questions based on customer demographics, behaviour or purchase history

Whether you are into e-commerce, publishing, travel, finance, real estate or any other industry for that matter; if you serve customers, you should identify customer perceptions about you. This could be in form of Customer Feedback, Product Review, Service Quality, Event Surveys etc.

Every time you send an email survey, you initiate another opportunity to engage with your customers. Surveys built within an email message have better chances of getting a response, and the more responses you get the better will be your sender reputation with ISPs

So what are you waiting for? Get in touch to kick start your survey campaign.

Monday, June 4, 2012

Email Marketing: How to Win back non responders?


Most of the marketers take things for granted that after having got the customer. They assume that their customers are engaged with their portal and brand. And their customers come back whenever they wish.  A lot of things can happen: Customers are increasingly having multiple brands offering them differentiation in the product range, servicing, speed of delivery, better customer support etc.  How does one know that their customers are loyal and engaged? How soon one would get to know that their customers have not engaged with them?

It is time for Marketers to get into depth of finding their customers behaviour.  Having understood the non engaged customer base, Marketers can now look into the win back strategies to getting their customers once again buying from them.

Here are some of the reasons, why your customers might have forgotten you!



The One-Way Conversation

Building active, long-term relationships with your customers should  be one of the prime objective of email marketers. At the core of doing email marketing well is remembering that building a relationship requires conversation.

 So what do marketers do when email recipients aren’t interested in conversing? We found that, as a whole,  marketers showed a lack of conversational skills in dealing width the apparently uninterested subscriber. The idea of email as a dialogue is missing. By pushing out email without regard for consumer interests or preferences, marketers are putting their email reputation at risk. A poor sender reputation, in turn, creates deliverability problems for their entire email program. By moving from a “one-way conversation” to a true dialogue, marketers can re-engage inactive recipients.


Preference Based Subscription

We recommend that email marketers ask subscribers about their preferences for email frequency and email subject matter when they subscribe or make their initial purchase.

Once preferences are known, they should be honored. While this best practice may not be realistic for all businesses, marketers should, at a minimum, make sure that expectations for mailing frequency are appropriately set.

Where customers are not offered the opportunity to express their frequency preferences, they should be offered the option of reduced frequency once a pattern of inactivity is seen.


Message Frequency

While there are some circumstances where an increase in message frequency is appropriate (e.g. before a holiday, to match recent subscriber activity or in response to a purchase), it doesn’t make sense to consistently increase message frequency on a monthly basis to inactive subscribers. If a subscriber does not respond when receiving an email message every day, they are not likely to respond when receiving more than one—and in either case, they are likely to be extremely annoyed. That increases the risk that the subscriber will click the spam button, contributing to deliverability problems for your company’s entire mailing list.
To maintain optimal frequency, monitor subscriber response—opens, click-throughs and conversions – over time. Note the points at which each metric shows a drop-off in response, and put business rules in place to manage your mailing strategy accordingly. For example, you could specify that you will only mail once a month to any subscriber who has no opens, clicks, or response for six continuous months. A re-permissioning policy (discussed below, page 4) should be a part of the overall email marketing strategy.
Deliverability at Risk

The longer marketers continue to mail to large numbers of inactive subscribers, the greater the chances that their entire program will suffer as the result of reputation problems. Lack of response indicates that a subscriber is not interested in the messages. Eventually that lack of interest will lead to spam complaints by subscribers who have reached their saturation point. Spam complaints directly and negatively affect a marketer’s sending reputation, adversely affecting deliverability  to all subscribers.

This risk is compounded when companies fail to include clear permissioning for promotional emails during the initial checkout (sign-up) process. Without clear permissioning, “subscribers” never really subscribed, and they have no expectation of what will arrive in their inboxes. These recipients are naturally less engaged and more likely to complain due to lack of disclosure.

In addition, some ISPs are increasingly paying attention to whether or not their users respond to commercial mail. If a marketer is mailing at a high frequency and receives a disproportionately low response or no response at all over a consistent period of time, their sender reputation could be negatively impacted. This could lead to having all of the company’s email end up in the spam folder or, worse, having it blocked outright.


Missed Opportunities

Marketers are missing the opportunity to increase sales by re-engaging subscribers in the conversation. In addition, they may be interfering with their ability to optimize email content for their entire email list. This occurs because totally uninterested recipients dilute email response patterns, skewing email metrics and making optimization hard to achieve.


Recommendation:

Don’t experiment—ask! Implement a strategy to get subscribers to renew their permission with your email program, ideally in combination with a preference center, to find out what subscribers want to receive, if anything, and when. Testing does have a place in refining your approach to re-permissioning and finding out what approaches are most effective in generating expressions of continued and future interest.


Recommendations

Include win-back messages in your strategy for re-engaging non-responsive subscribers. Use a methodical analytic approach to determining what offers and creative are most effective, as well as identifying the most effective message timing. Consider basing your offer on the subscriber’s previous purchase. The strategy should specify how many win-back messages will be sent, at what intervals, and at what point in the sequence you will send a re-permissioning message.

Former purchasers represent “low hanging fruit” in email marketing, as it is always less costly to reach out to former customers than it is to acquire new ones. By focusing on developing and maintaining a dialogue with subscribers—a dialogue in which the subscriber sets the terms—email marketers can re-engage subscribers who have been nonresponsive, and reap the benefits of increased sales.

Tuesday, May 29, 2012

What is the worth of an email address?

What is the worth of an email address?

The value of an email address is Zero. Why? Read on.

Email marketers often speculate the value of an email address. You might hear compelling numbers backed by sober theories. Good email marketers spend time and money on acquiring an email address, where as not so good email marketers purchase email addresses from spammers at probably one fourth the cost (of genuinely acquiring an email address).

In addition there is revenue, conversions, ROI that email marketer’s measure against their email marketing efforts, all this should amount to something right?

Well it does, the value or the worth lies in the relationship and not the email address. You have a relationship with the person who owns that email address and not with the mere email address itself.
Why I’m highlighting this is because you can’t have a relationship with someone you do not know. So if you only have an email address your like a blindfolded chap in a dark room trying to have a conversation with an imaginary person. A real conversion requires engagement. Engagement requires you to know your subscribers, ask questions, find their opinions etc. Most importantly, engagement requires “two way conversation”, which cannot be initiated with just an email address.

An engaged subscriber is a valued subscriber. No engagement means zero value.