Tag Archive for 'Email Marketing'

Communicate with People - not Lists - to Build Relationships

This statement is one of the foundations of effective one-to-one email marketing strategies.  It’s also a core belief of ExactTarget’s Subscribers Rule! philosophy, as introduced at this year’s Connections User Conference.  The Subscribers Rule philosophy is built upn three simple directives:

  1. Serve the Inviduals
  2. Honor their unique preferences with regard to communication, channel, content and frequency
  3. Deliver timely, relevant content that improves their lives

Read more about Subscribers Rule! here and watch our very own Tom Dressler, WebsiteBiz Internet Marketing Director, discuss his thoughts about how marketers can build better relationships using the Subscribers Rule philosophy, in this exclusive interview with ExactTarget VP of Marketing, Jeff Rohrs…

How Online Marketers Adjust in Tough Economic Times

The plunge of the stock market last week is certainly a reflection of the weakening economy and dare I finally say recession.  Few of us are unaffected that have investments in the market, however, it was encouraging to see the Dow’s 11% rebound today!  Frankly, I am still in shock over Wachovia’s failure and acquisition by Wells Fargo in a week’s time.

With the market turmoil and economic factors that we don’t control placing pressure on marketing, what are smart marketers doing? I recall a Bain study, that said in a downturn:

Savvy management teams look beyond cost cutting and seek out opportunities to grow the top line and improve their strategic position

As strategic online marketers, we are helping our client focus on driving measurable results that can be monetized and scaled for the upturn.  Equally important is strengthening the bonds of loyalty with your team, customers, and key partners.

Interestingly, in the first quarter of this year, Forrester and MarketingProfs survey of Online Markters found that in a recession the top 5 marketing channels that they would increase in investment include:

  1. Social Networking
  2. User Generated Content
  3. Email Marketing
  4. Blogging
  5. Search Marketing

Online Marketing Adjustments in a Recession

In a very recent less scientific poll from Top Rank Online Marketing when asked of online marketers ”what top 3 internet tactics will you emphasize most in the next 6 month“, the top 5 online marketing tactis were:

  1. Search engine optimization
  2. Blogging
  3. Pay per click
  4. Email marketing
  5. Social networking (Facebook, LinkedIn)

What marketing channels are you increasing or shifting in this economy?  And does it surprise you to see search engine optimization, Social Networking and Blogging as high on the list?  Let me know your thoughts.

Email Marketing ExactTarget 08 - Technology Update

Scott McCorkle, VP of Technology, has enthusiasm and brains to make things happen at ExactTarget. He is now speaking to us at the opening session of ExactTarget Connections 08.

We now have the opportunity to hear Bob Ford, Director of Online Marketing for Papa Johns, talk about how to establish an email marketing program versus list management. Scott chimes-in to indicate ET has a team of people available to help companies build and empower franchisees to send out to their customers. Scott introduces the use of the new concept of “Building Blocks”. The log in interface is very different that the “standard: interface. Very easy and specific. Building Blocks will be broadly distributed early next year. Simple steps to allow the masses to do easy broadcasts.

Now Steven Harris, VP of Marketing from The Cable Shopping Network. He is from the direct response marketing school. It lines up as the late night infomercial model and seems to work. Omniture is a big part of their success. Steve is talking about the fall out report and how he targeted a 1% improvement the revenue he gained would be significant. Automated integration equals powerful results.

Live Content is the next major update. There is a major shift of content rendering moving from time sent to time opened. This seems to work well with offers and ads. ET is also announcing a partnership with Google to serve ads on the email with live content and live ads. Could be very powerful in reaching people with what they want to see. Scott introduces us to a representation from HomeDepot to explain this concept and share results. Very powerful for targeted couponing and redemption tracking. The win in tying a purchase to a person and marketing channel.

Top 10 things for the next release. November 2008

  1. Enhanced Tracking - New Overview Tab, New Behavioral Data Section with Filters, Overlay features get big subscriber rules, love from the audience.
  2. Engagement Index - Quantitative Scoring will now be part of the life cycle awareness program. Looks like lead scoring similar to Eloaqua. If this then that what do we do…automatically; Nice!
  3. Mobile Capture - Opportunity to grow the list. Opt in on a mobile device. Mobile Capture  gives you the ability to do the following: at a point of purchase display you will be able to opt-in on the spot.
  4. Voice Sending
  5. Mobile Sending
  6. Inbox Preview - See what the send looks like in a guaranteed way in all types of in-boxes like Yahoo, Outlook, iPhone, etc… - Additional charge which kinda stinks. Scott is very excited about this!
  7. Data Aggregation - Map External Data: Salesforce, Microsoft CRM
  8. “Web Collect 2.0″ - A collection of technologies that do more advanced data mapping
  9. Always On Sending
  10. iPhone App

ExactTarget ‘08 - The Ideal Customer Relationship and Brand Harmony

Steve Yastrow
Steve Yastrow

Author of two books, We: The Ideal Customer Relationship and Brand Harmony

Steve’s passion is helping organizations create major profit breakthroughs through better connections with customers. As a consultant, speaker and writer he challenges his clients, audiences and readers to reinvent the way they look at marketing, offering clear action steps to improve business performance through stronger customer relationships.

The concepts behind Steve’s ideas were developed in the “real world” through his work as president of Yastrow Marketing, a consulting firm which has served such clients as McDonald’s Corporation, The Tom Peters Company, Kimpton Hotels, the Cayman Islands Department of Tourism, Agilent Technologies, Jenny Craig International, Great Clips for Hair, Cold Stone Creamery, Wyndham Hotels & Resorts, Viacord, Dental Care Partners and more than fifty other organizations.

Steve is very energetic and is opening his session by surveying the audience on company profitability. His ability to tell a story and create a vision is excellent.  Steve’s point is that we are missing the current opportunities that are right in front of our face. Open our eyes and get to work. Steve is a big fan of Peter Drucker…awesome!  Marketing is not limited to what the company does. It is all about how the customers want to hear the message. The traditional way of marketing is through a brute force method - push, push, push. Does this really work? The average American is exposed to 5000 branding messages each day. What is the stickiness of this approach?

Marketing needs a new look…Just because we say it, does not mean it’s understood.

Brand HarmonyBrand Harmony - Key Themes

  • Your brand is not what you say you are…your brand is what your customers think you are.
  • Integrated Marketing - Is this for the convenience of the customer or the marketer? Marketers don’t do the integrating, the customers do.
  • 180 degree flip - You don’t brand your customers…They brand you.
What is it that your customers can’t get anywhere else?
  • Products, etc…? NO..it’s about relationships

WeWe all have received a free copy of Steve’s book “We” focusing on relationships. Thanks!

Customer relationships are ongoing conversations in which the customer never thinks of you, without thinking of both of you. How powerful if this? Sound great! What we mostly hear is THEY this, THEY that verses US or WE. Being invited into the first person is powerful. The WE statement is the most powerful statement one can make on Brand as well.

Would you rather do business with a company you have a relationship with or not? Do you buy on price or relationship? Which do you act on when it comes from a recommendation? All 3 questions are answered in the positive percentage on the relationship side. Are we getting the point yet?

The Building Blocks of Customer Relationships. Every time you interact with a customer, 1 of 3 things happen:

  1. It gets better - Encounter
  2. It stays the same - Transaction
  3. It gets worse - Transaction
EncountersEncounters vs. Transactions
Engagement in the moment, the conversation and the uniqueness. - How powerful can this be…hmmm.
See chapter 2 of the “We” book if you have an active mind on tips to quiet your mind/actions to have better engagement. Invite your customers to be engaged in the moment. There is also a free eBook available on Steve’s website if you sign up for the blog. Go here if you are interested.
Electronic Communication Tips
  1. Aim for encounter
  2. Engagement is in the moment
  3. Conversation - Is it uplifting
  4. Uniqueness - Is this written just for your audience

What does this relationship look like over time? It grows slowly at first and gains momentum over time. It becomes an ongoing conversation…in which your customer never thinks of you, without thinking of both of you. Steve mentions the movie 50 First Dates and says it is not a romantic comedy but a business movie. Each day the relationship was built from scratch versus continual conversation.

Memory - The connection between encounters. How do we use databases to connect the memories? How can we make ourselves memorable to be worthy of memory? The “When” becomes the rhythm of the relationship. Manage the “when”…don’t let the “when” manage you.
In conclusion…When all these experiences blend together to tell a powerful story. Pointillism is a great example of this concept. What is a customer relationship..It’s an ongoing conversation in which your customers never think about you, but about we.

ExactTarget ‘08 Email Marketing Conference - Subscribers Rule!

Jeffery Rohrs, VP of Marketing is welcoming us and preparing to walk us through his research road show that he presented to about 13 cities over this past year. Here are some of his findings:

  • Email is the best ROI channel as sighted by MarketingSherpa with over an $45 return
  • Marketers Have Lost Control
    • Over 85% of all email traffic on the Internet is spam
    • 56% consider messages from known senders to be spam if they are not “interested”
    • 50% consider messages from known senders that are sent too frequently to be spam
    • 48% are using “report spam”buttons for reasons other than to report unsolicited email
  • ExactTarget has compiled the research into a single research paper available in a limited basis and will be available to conference attendees
  • Jeffery is talking about how the email interfaces are very confusing today. This inbox 2.0 is even more competitive than ever. What is the philosophy of the power of the email channel?
  • Subscriber Rules Mission
    • Serve The Individual
      • Communicate with people not lists
    • Honor Their Preferences
      • We now have 4 preference permissions
        1. Send
        2. Content
        3. Frequency
        4. Channel - ExactTarget is focusing here. Is it email, rss, sms, voicemail…?
    • Deliver Value That Serves Their Needs
      • Why do the subscribers want to receive my message?
      • What does the message actually do for me the subscriber?
  • Join the movement
    • Conduct a subscriber centric audit of your one-to-one marketing efforts.