utilising the strength of mail to engage your audience
TRANSCRIPT
Utilising the strength of mail to engage your audience
Find the connections
Our advantages
People want to TALK about our brand and SHARE their experiences
The nature of our business means we get media exposure – we work very hard for it but the reward is high
Accessible TALENT available to lend faces and names to our campaigns
Our risks
People want to TALK about our brand and SHARE their experiences
Football gets a bit of FREE media, sometimes not in a good way
Accessible TALENT available to lend faces and names to our campaigns
Engaging in Retention
Knowing your audience
It’s not just about formal research…• Spend time with your front line staff • It’s not just about what’s generating traffic but what’s causing confusion or issues
Utilise anecdotal evidence – don’t dismiss it as the vocal minority• Blogs• Social Media• Talk to your customers directly
Analyse your data• Results of former campaigns• Demographics• Purchase history and engagement history – not just what they bought but when• Response by channel
Engagement = Retention
Be smart about how you use your data and about which campaigns you need to use mail for
Information about match days needs to be immediate so email / social media works
Rewarding loyalty has a higher perceived value if that reward is physical so we use mail
If something has gone wrong – dependent on volume that’s personal so we’ll call
Where we see mails strengths
It’s visualIt’s personalisedIt’s personalIt’s reaches people in their timeIt can help tell your storyIt’s relatively cost effective even though it expensive in the context of other direct channels
Leveraging your story to drive sales
Your story and who it’s told by is relevant to your customers
Utilise talent to increase the cut through with your message
Direct channels working together
Channel vs investment vs responseCertain demographics and certain products in our range react better to some channels than others but most of our campaigns at minimum use three direct channels
We find EDM and DM work really well together to achieve results particularly for products that have a strong online purchase history
Small budgets, big results
Tips:
Test it out – don’t over invest on a massive campaign if you’re not sure, try a segment or create a modified pack to litmus test the channel.
Use mail houses that match the execution, it’ll save you $$
A Case Study
Case Study: Improving retention through communication
In the 2009 Season we saw a significant churn in our membership base well above industry averageOur aim in 2010 was two fold: 1. reduce the churn to industry average or below (representing at least a 7% reduction) 2. WINBACK 10% of our churn from the year before
Step 1: Mea Culpa In analysing the campaign of 2009 and the reaction of our members we looked closely at areas of improvement. Our first step was to put our hand up and say we’re sorry, we’ll do better next time.
Step 2: EngagementNot only did we ask our members where they wanted to see improvement we let them know where we were at on the journey and we were transparent
Case Study: Improving retention through communication
Step 3:Reviewed our research and the members’ feedbackWhat we found is most of the issues came directly as a result of not communicating or not communicating well.
Step 4: Changed our product range to make jumping back on board more appealing and create a step in the range to reduce churn
Step 5:ExecutionHired more staffInstalled an improved phone system
We executed the campaign the “old fashioned way” in three segments:• RENEWALS• LAPSED• WIN BACK
and EVERYONE we targeted received a mail piece. We complemented the campaign with everything else too including:• SMS• email• social media• outbound phone sales
Case Study: Improving retention through communication
The results
10% reduction in churn YOY
800% ROI on the acquisition and win back elements of the campaign
We won back 10% of lapsed members from the year before
Reversed a 5 year downward trend in member numbers
Questions?
Presented by: Natalie FaggTwitter: @natfagg | @sydneyswans | @swanssupportLinkedIn: http://au.linkedin.com/in/nataliefagg