Showing posts with label white house black market. Show all posts
Showing posts with label white house black market. Show all posts

Wednesday, November 2, 2016

EMAIL STRATEGY - Anatomy of an Email Inbox - Nov 2, 2016

Email statistics show that on average 18% of emails are opened.  Now we all know that a lot of people view their emails in preview panes and can get the idea of what you have to say without opening them.  In fact, Email Labs says that 69% of at-work email recipients read in preview pane.

So why are we even talking about open rates?  We need to ask ourselves what is the purpose of our email marketing, the subject line and content and how do we measure the effectiveness of these?  Obviously, the subject line is meant to tell the reader what the message is about and to catch attention.  But, like those really creative television ads that everyone remembers but no one buys as a result of, there needs to be more than a catchy subject line and more thought put into our emails and why we are sending them.

We spoke in our post on October 6th about email strategy overall.  Today, I'd like to focus in a bit on the subject lines, content and what that tells us about a companies email strategy and what we can learn.

So, as we think about our subject lines, let's start with what are and should be our goals and metrics.  Obviously open rates can be used as a comparative metric for the goal of gaining attention, but what else should we consider when assessing subject lines?  Do you and can you tie your emails to actual web visits (click throughs) and transactions?  If you do, how does this fit within the overall customer journey?  What role do you want emails and the subjects and content of those to play in your overall communications? Depending on who the person is, what the content is and what your product is, email could be more or less important to the journey towards purchase and play a role in how you manage that relationship and what you want to deliver in this channel.

Let's look at an example from clothing retailers to illustrate.

I have used many of my favorite clothing retailers as examples in past posts, organizations such as Macy's, Loft, White House, Black Market and Chicos.  My relationship with them is about need and desire to be fashionable, up-to-date, buy and own quality clothing that will last, be functional and perhaps to fulfill a specific clothing need such as for an event or activity.

When I look at 20+ of my recent emails however, virtually all the subject lines focus on sale messages:

Loft:  50% OFF = love at first bite (we mean, sight)
Macy's:  On the ballot: big savings on all your fave accessories!
White House Black Market:  Columbus Day Sale Starts Now.
Chicos:  A Berry Good Deal: 50% Off Sale

Are they doing this because their data shows that promotional subject lines have the best open rates or do they have data that shows this drives the best immediate sales?  Is this the best way to add value and build relationships with customers and prospects or are we as marketers driving less value to our brands by constantly offering deals and selling only based on a deal?  Are we even thinking about ways to engage our customers via email other than by offering a deal and trying to drive an immediate sale? Is there something more to the subjects and email communication that we should be considering?

I know as a consumer, I would be interested in reading about latest trends and colors, seeing great ideas on combining tops and pants or what the hot accessories are this month.  We buy fashion magazines, so clearly we are interested in that kind of content.  However, the retailers we buy the products from don't help us with that type of content via email.  I ask, if I was receiving this type of content would I think first of that brand when I had the need for clothing and would I be more willing to buy it at a premium or at least not discounted?  Would this be a better way to solidify my long term relationship with that retailer and thus build lifetime customer value for them?  Perhaps the answer is "no" and this is not SOUR eMail.  There is the classic example of JC Penney and their attempt to become an everyday value retailer.  Now I am sure this strategy didn't fail due to a poor email strategy, but it speaks to the challenge for marketers of remaining relevant, driving value and becoming the brand of choice when clothing (or any product or that matter) is needed.

How do we develop a thoughtful, relevant, personalized and timely email strategy that connects our customers and prospects to our brand in a meaningful way and drives value for both of us?

Today's Tips for Better Email Strategy:

-  Understand the customer journey and what role email plays and can play for your products and brands.
-  Ask your customers what kind of content they care about and deliver it via email.
-  Think about how this email content connects to your overall content strategy and how you tie your communication vehicles together for a comprehensive strategy.
-  Think about different types of email, what makes them relevant and when and how to deliver them.  So for example for our clothing retailers, should they be sending fashion trends content during the debut season for designers?  A good example of providing value beyond the sale is from Shaw Industries.  They sell flooring products, but do an excellent job of making flooring experiential. Each year they feature a color of the year to show that flooring choices are more than just the carpet or hardwood you buy and giving you a bigger reason to care about their brands.
-  Make sure you focus on the right metrics in your emails and consider that you should have different metrics based on the type of emails.
-  When looking at email statistics, classify the emails by type and set metrics standards based on those types.  For example, promotional emails, transaction emails, newsletters versus sales emails should have different metrics.
- Change the cadence of your emails based on the type of content, subject and based on what consumers desire and what you know about them and their behaviors.  A good article was recently published by Marketo and one of the points covered is cadence and the impact of good segmentation and targeting.  The chart below shows graphically what this looks like.


-  And of course, test and learn on a continual basis.

Use these email strategy tips to create an insightful, actionable and ROI driven approach to email marketing that wins for both you and your customers.  Don't be a SOUR emailer with no strategic approach to your email marketing efforts!

Source:
Marketo Email Blunders


Thursday, October 6, 2016

TIMING AND FREQUENCY - Anatomy of an Email Inbox - SOUR eMail - Oct 6, 2016

People who have worked with me have heard me talk about timing and frequency of emails many times.  Some of the culprits that soured me the most were the book stores.  What are they thinking?  I don't know about you, but I am a prolific reader, both for pleasure and for work but I certainly don't go to the bookstore every day or even every week and sometimes not even every month.  However, it would never fail that I would get emails from the bookstores that I subscribed to every single day.

Did they really think I had the time to read these or that I wanted to?   With email open rates consistently hovering around 20 to 25% and click through rates far less than that, (2 to 3%), we can do better. What happened, which is what happens I suspect, to a lot of emails is they became disinter-mediated from my attention.  I patently ignored them and ultimately unsubscribed from those emails as they were just filling up my inbox with little to no value.  No more waste for me and no more money for them.  SOUR eMail

I took a look at my email box over the last few days and here's what I see.

Loft

Between sender "Loft" and "Loft Card" I have received 7 emails as of 7 am this morning (I know I will receive one more today!) since October 3rd - that is 2 per day (not counting the "sponsored" email).  Now, I love clothes, like I love to read, but do I really need 2 per day?  I can't even tell you the last time I walked into their store or went to their website and I haven't been compelled by their subject lines (another topic coming) to open.  Even, the "Free Shipping + 50% off everything" one is losing out on my attention because I get too many - SOUR eMail!  Loft, you can do better.

I also wonder why they aren't coordinating their lists and emails to reduce both their workload and my irritation.  Most Email Service Providers (ESPs) have automated resting rules that let you set a standard of how many emails you send a day, but if you are using different accounts or have different teams working on these programs, this is being overlooked.  For all of you Chief Marketing Officers (CMO) and marketing leaders, have you developed an email marketing strategy and systems to support this?  It appears from my inbox that this is not happening with Loft and many others.

Side note:  Look at the image below - this view is from a search in my inbox for Loft - you can see that Loft is not titling their documents, so the content I see includes "untitled document" as the description.  SOUR eMail and a big missed opportunity to tell me something of value.


Not to just pick on Loft, here's a few more:

-  Costco - 1 per day
-  Secret Escape - 1 per day
-  Rugs USA - every other day (a little better)
-  White House, Black Market - 1 per day (plus one from WHBM Outlets - again I ask, CMOs', where's your strategy?)
-  VRBO - so far only 1 in 4 days (Yes, I don't take a vacation all the time, not that I wouldn't like to!)

Discount Contact Lens

So who is doing better?  There is a dearth of examples of someone doing well in frequency and timing, but I did have one this week that exemplifies the right way to make email relevant and impactful.  Here's why:

-  I know the brand and they know me
-  They know that I am a customer (good connected databases) and it has been about 90 days since I ordered my last supply of contacts
-  They aren't sending me emails in between my need period (i.e., running out of contacts)
-  They make it personalized by including the exact brand I order
-  They are making the title relevant, telling me they know I am running out
-  They aren't leading with a deal, but are using it to make sure I convert and buy from them (I normally do check for others with a better deal when I'm ready to order - who doesn't like to save money if we can?)
-  When I clicked, it sent me to a landing page with the offer and a reorder button (button could have been higher on the page)

They could be a bit better though:

-  They use sponsored emails to find potentially new customers (but appears they likely aren't screening out their current customers from these, so perhaps a waste of money)
-  When I clicked on the sponsored ad it just took me to their home page rather than a specific location to make it easy for me to respond and see the promotional details



Timing and Frequency

Today's Sample: 291 emails
Overall Grade: D
Top Performer:  Discount Contact Lens - Grade A-

Today's Tips to Improve Your Inbox Anatomy and not be a SOUR eMailer:

-  CMOs and marketers need to have a much more thoughtful and strategic approach to their email programs
-  Database structure and where your data resides across business units and channels is critical to success
-  We need to do a much better job of using the data we have to send fewer but more relevant emails:  collect only the data you need, consolidate it into one database and leverage it to send the right message at the right time to the right person
-  Use resting rules to automate the limits of emails being sent
-  Make sure any landing pages you use are relevant to the reason you are sending the email and make it easy for the recipient to take the action you want
-  Think about your product and frequency of purchase - what is the right communication cadence?  Too many of us over communicate through email.  Test a change to your cadence and measure against open rates, click throughs and ultimately ROI.  Don't forget to consider the opportunity costs of the team members time executing unwanted emails and how they could be better deployed to higher value activities.

The goal of email marketing is to stay relevant, serve our customers and prospects needs when they want and need us and ultimately deliver revenue and ROI to the company.  Email marketing is one of our highest ROI channels, but could it be even better?  Stop SOUR eMail  Let's get smarter about how we execute in this valuable channel before it becomes less so due to our bad practices.

Sources:
MailChimp
MainStreetROI