Buying habits are changing, with customers preferring personalized engagement over mass promotions. The challenge lies in creating relevant, useful, and current content to keep your audience happy. Marketing automation goes long way in helping you achieve this—nurture and engage your leads and customers with highly personalized content, and win more happy hearts.
For e-commerce businesses, automations can increase sales exponentially. But with a variety of automation tools at your fingertips, it can be hard to know where to begin. We evaluated the data from 150,000 businesses that use Mailchimp and determined that although tools like abandoned cart, product follow-up, and category follow-up automations are the most effective for selling more stuff, there are others that work better for boosting customer loyalty or re-engaging customers. See what works for best for meeting a variety of customer needs.
e-Commerce brands can increase overall email open rates by utilizing A/B testing across all email components. Automation tools store historical consumer data, which, in turn, increases the optimization of email open rates. Whether through subject line optimization or ensuring an email is populated with the right content and sent at just the right time, these solutions result in data-driven decisions and results.
For example, create a workflow that delivers important information registrants should know leading up to the event, such as hotel accommodations and agenda information for live events, or webinar log-in information for online events. When the event ends, set up a workflow that gives attendees online access to session slides and continues to nurture them with additional content or promotion for future events.
However, the term “marketing automation” has become a buzz-word, where marketers seek out marketing automation software under the impression that all of the digital marketing tools necessary for growth, including those needed to generate new leads, roll up under the hood of marketing automation. This misconception leaves many marketers with sophisticated tools to automate the middle of their funnel, but no solution to generating new leads to nurture in the first place.
If you were to drive 200 clicks to your product offer that cost consumers $200, you’d be lucky to get one sale. If those clicks cost you $1 each, you would actually need one sale to break even. On the other hand, if you offered a tripwire in the form of a scaled down product or some other incredible deal, and you offered that for say $7, you would likely get more like a 5% conversion.
Anyone who has manually managed an email campaign, knows that staying on top of all of the related tasks like updating contact information and scheduling can be a nightmare. So spend the time and budget now to implement email automation as a part of your marketing technology stack - and you'll be saving time, money and your sanity in the long run.
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