Showing posts with label targeting. Show all posts
Showing posts with label targeting. Show all posts

Friday, December 14, 2012

Subscribers are like Volcanoes

Subscribers come in all shapes and sizes, however, its not how they look and weigh that is important; but how they behave and interact (with you, the marketer). And it is in this respect that subscribers are very much like volcanoes.

Like volcanoes, subscribers can also be classified as: Erupting, Active, Dormant, and Extinct.

Erupting volcanoes burst with activity and are vital for life and earth’s ecology. Similarly, such subscribers are very important for the success of your email marketing campaigns. They engage, convert and respond to you with least effort.

Active volcanoes have great potential to erupt. Similarly, subscribers who seem calm but have been full of activity in the recent past can easily be re-ignited with the right communication and targeted content.

Dormant volcanoes are volcanoes that used to be active but haven’t shown any signs of activity in the recent past. Such subscribers are like a Question Mark, your efforts should be focused at trying not to lose them. With careful communication and re-engagement strategies you should be able to win some back.

Extinct volcanoes have no history of eruption in considerable past and are not expected to erupt in comparable time scale of future. Subscribers that fall under this category, unfortunately only add cosmetic value to your database (Size!). They are cost heads that hardly provide any return and worse; they can even affect your sender reputation and deliverability.

Identifying such segments is the first step towards defining your communication strategy for your subscribers. By classifying subscribers into appropriate buckets you’ll be able to channel your efforts to:

- Ensure Erupting subscribers stay Erupting
- Push Active subscribers to move to the Erupting state
- Convert the Dormant subscribers to become Active and consequently Erupting
- With careful and infrequent communication identify how many Extinct might still be Dormant.

On paper this approach looks simple and elegant, but how do we ensure that at a given time of day we have the most updated information on these segments? In other words, your subscribers will keep jumping from one category to another, how do we ensure that every jump is recorded and tagged in real time?

Well, we have a super awesome magic potion just for this very purpose, get in touch and one of our wizards will fix this up for you in no time.

Sunday, December 21, 2008

You can get the most out of email marketing by tailoring to target

A recent study by a team of computer scientists at the University of California looked at the response rates and profitability of professional spammers.

By hacking into the Storm network, which has control of over one million home PCs, to send out junk e-mail, the researchers took control of 75,869 hijacked machines to conduct their own fake spam campaigns.

The researchers used two popular ploys used by spammers, first offering a fake pharmacy site and, secondly, offering a Viagra-style remedy to boost libido. It seems the only way to measure spam is to become a spammer.

‘‘After 26 days, and almost 350 million e-mail messages, only 28 sales resulted,” said the research paper. That means a response rate of one in 12,500,000 people take up the offer of the scam, giving the fraudsters a conversion rate of less than 0.00001 per cent.

These response rates would seem to suggest ham-fisted spammers, but once you consider the scale on which some of the scams operate, it is clear that, in this case, quantity wins out over quality. The researchers estimate that the controllers of a network the size of Storm are still bringing in about $7,000 a day or $3.5 million over a year.

There are two lessons that marketers can learn. First, it is important that the intended consumer response is defined at the planning stage of a campaign - what do you want the consumer to do? It could be just seeing your brand and its message, perhaps a click through from a banner ad, an opening of an e-mail, time taken to read or watch a piece of content related to your brand, an opt-in to receive more information.

Each response should be given a relative weighting so that an overall value can be assigned to any campaign. This rarely happens, but is not difficult to do. Web and e-mail analytical tools, such as Google analytics, will provide a certain amount of information, but more qualitative methods - such as simply asking users and customers their opinion on the campaign - will provide more meaningful insights to their response.

So the second consideration is that people will respond only if they believe there is something in it for them, so brands must clearly define the consumer benefit attached to any response. What will they get in return for clicking, watching or registering?

Furthermore, by adding a level of personalisation to the communication can increase the likelihood of a response.

Aghreni Technologies is a provider of customer centric, ROI driven online marketing (direct email and mobile marketing) solutions and services to Indian clients. It has many years of working with leading global companies and clients in email marketing and lead generation.

For more information, visit http://www.aghreni.com