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How to Build a Lifecycle Marketing Programme

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Presentation on theme: "How to Build a Lifecycle Marketing Programme"— Presentation transcript:

1 How to Build a Lifecycle Marketing Programme
Five Customer Lifecycle Campaigns Every Retailer Should Be Running

2 Percentage of revenue driven by email
21% Percentage of revenue driven by

3

4 Key Customer Segments Leads Active At risk Lapsed

5 Key Customer Segments Leads Active At risk Lapsed

6 Order Gap Analysis Repeat customers

7 Example A

8 Example B

9 Customer Lifecycle Map

10 3 Golden Rules You can’t thank your customers too much
Never let contacts go more than 2 months without a personal touch Don’t overdo incentives, and balance with rewards

11 Leads Not yet converted Warm leads vs cold leads
Visit data vs open rates (vs social media?) Browse abandon pop-ups, newsletter sign-ups

12 Welcome series Campaign aims
To set out your brand story and key selling points To convey the breadth of your product range To encourage new subscribers to interact with you on other channels To encourage people to provide further details and preferences To set subscriber expectations about the frequency and nature of your s Campaign structure 1 - Set expectations, brand values, social proof - immediate 2 - Tell your brand story – 4-8 days (time of day?) 3 - Get social, product range – 8-12 days

13 Active Customers Everyone who has shopped in your store in the last n months Sub-segment into: Single purchase (new vs older) Repeat VIPs/Loyal

14 Post First Purchase Campaign aims A thank you for becoming a customer
After sales support Product review Encourage (incentivise?) repeat purchase Campaign structure 1 (post order confirmation) – days Follow-up – for non-openers, or incentive reminder

15 VIP / Loyal Customers Spend X in Y months Spent X in total
Made nth order

16 VIP / Loyalty Welcome Campaign aims A thank you for their trust
A reward for their loyalty Encourage next purchase Campaign structure 1 – 2-3 days Follow-up – for non-openers, reward reminder

17 At Risk Customers Not shopped for between X and Y weeks/months
Sub-segment into: Warm (visited since X?) vs cold Previously repeat/loyal vs one time Seasonal shoppers, anniversary shoppers

18 Lapsed / Dormant Customers
Not shopped for Y weeks/months Do they consider themselves lapsed? Survey! Sub-segment into: Warm (visited since Y?) vs cold Previously repeat/loyal vs one time

19 Winback Campaign aims To reactivate customers who have not shopped for a while To encourage (incentivise?) next purchase To remind them of new products Campaign structure 1 – at risk – X weeks after last purchase 2 – follow up for non-converters – X+2 weeks 3 – lapsed– Y weeks after last purchase 4 – follow up for non-converters – Y+2 weeks

20 More Touchpoints Customer service message
After sales, extended guarantee, care tips Review Product review Survey Asking for additional information, purchase preferences, feedback Anniversary of first purchase Thank you message Birthday Reward Replenishment Product based, X weeks after last purchase Event invite Geographic segmentation

21 Chief Customer Officer
CUSTOMER INSIGHT AND MARKETING AUTOMATION FOR ECOMMERCE 38 Park Street Mayfair London W1K 2JF James Dunford Wood Co-Founder Chief Customer Officer

22 THANK YOU


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