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Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

Aug 20, 2015

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Page 1: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

Ecommerce Marketing Automation: How to Use Automation and Analytics to Predict Consumer Behavior and Increase eCommerce Sales

http://bit.ly/autoecomm

Click to watch

OnDemand Video!

Page 2: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

I’m Mike Ewing. Nice to meet you.

@inboundcommerce

Page 3: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

I’m Meghan Anderson. Nice to meet you.

@meghkeaney

Page 4: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

I’m Sam Mallikarjunan. Nice to meet you.

@mallikarjunan

Page 5: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

#AutoEcomm

Tweet Questions & Comments!

http://bit.ly/autoecomm

Page 6: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

1 1

AGENDA: ECOMMERCE MARKETING AUTOMATION

http://bit.ly/autoecomm

Page 7: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

Shopping Cart Fetchback:

UNDERSTANDING CUSTOMER HESITATIONS

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 8: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

UNDERSTANDING CUSTOMER HESISTATIONS

What Is a Fetchback?

Surprising Statistics

Top Reasons For Abandonment

Actionable Takeaways

1

2

3

4 Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 9: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

SHOPPING CART FETCH BACK?

Shopping Cart Fetch Back is a

timely email sent to a prospect

that has abandoned shopping

cart.

” http://bit.ly/autoecomm

Page 10: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

SURPRISING STATISTICS

of shoppers who

didn’t complete the

checkout, said they

wanted to save

products for further

consideration.

21%

of online shoppers

have abandoned their

shopping cart at one

point or another.

88%

of consumers

abandoned carts

more than once with

an average order of

$109.00.

45%

of all online shoppers

wait a day or more to

complete a purchase.

65%

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Page 11: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

TOP REASONS FOR ABANDONMENT

0

5

10

15

20

25

30

35

40

45

50

Shipping was too high Not ready to buy Price too high Wanted to compare with other

products

Put in cart for later

Top reasons given for abandoning carts (in %)

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 12: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

ACTIONABLE TAKEAWAYS

Questions & Comments on Twitter: #AutoEcomm

Calculate Cart Abandonment

Discover your Customer Hesitations

Optimize Shipping Rates

Engage in Triggered Email Campaigns

http://bit.ly/autoecomm

Page 13: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

Use Intelligent Analytics to

UNDERSTAND BUYING CYCLE

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 14: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

USE INTELLIGENT ANALYTICS TO

UNDERSTAND BUYING CYCLE

The Reverse Funnel Analysis

1

2

3

4

Analytics + Automation

Understanding Customer Timelines

Conversion SEO

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 15: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

ANALYTICS + AUTOMATION

Customer Hesitation

Assisting Content

Purchase Timeline

Help You To Understand:

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 16: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

CUSTOMER TIMELINES

Purchase Timeline

Product Timeline

Customer Timeline

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 17: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

REVERSE FUNNEL ANALYSIS

Segment Buyers from

Browsers

“Assists” That Lead to

Purchase

Focus on Top Performing Interactions

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 18: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

CONVERSION OPTIMIZATION

• Identify Revenue Generating Keywords • Increase Quality of Visitors

•Organic Search for Increased Revenue

•Paid Search for Increase Revenue

Revenue Generating Keywords

Dominate Organic &

Paid Search Questions & Comments on Twitter: #AutoEcomm

Increase Quality of Visitors

http://bit.ly/autoecomm

Page 19: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

Intelligent Automation:

HOW TO IMPROVE CONVERSION RATES

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 20: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

HOW TO USE INTELLIGENT AUTOMATION

TO INCREASE CONVERSION RATES

Real-Time Communication 1

2

3

Stages of Nurturing Campaign

Best Practices

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Page 21: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

REAL-TIME COMMUNICATION

90% of ecommerce leads go cold within just one hour.

Page 22: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

STAGES OF NURTURING The 3 Step Sequence

> 1 hour Email

Customer Service

24 Hour Email

Sense of Urgency

72 Hour Email

Incentive

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Page 23: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

BEST PRACTICES

Collect Contact Info Immediate Messaging Offer Customer Service

Offer Incentives Offer More Info Track Clicks Test, Test, Test

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 24: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

Empower Superstar Customers:

USING TARGETED COMMUNICATIONS TO FUEL BRAND ADVOCACY

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Page 25: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

USING TARGETED COMMUNICATIONS TO

REWARD BRAND ADVOCATES

Social Sharing as a Driver of Sales 1

2

3

Alerts and Multi-Channel Analytics

Targeted Communications

http://bit.ly/autoecomm

Page 26: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

SOCIAL SHARING DRIVES SALES

+ =

Questions & Comments on Twitter: #AutoEcomm http://bit.ly/autoecomm

Page 27: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

ALERTS & MULTICHANNEL ANALYTICS

1. Respond to Positive

Mention on Twitter

2. Empower Individual that

Promoted your brand

3. Keep a list of advocates

4. Reward with special offers

in future to fuel advocacy

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Page 28: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

TARGETED COMMUNICATIONS

http://bit.ly/autoecomm

Page 29: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

WRAP UP AND REVIEW

Shopping Cart Fetch Back Emails

Understand Buying Cycles with Intelligent Analytics

Improve Conversion Rates with Intelligent Automation

Reward + Fuel Brand Advocates

1

2

3

4 http://bit.ly/autoecomm

Page 30: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

QUESTION & ANSWER

@inboundcommerce

@meghkeaney

@mallikarjunan http://bit.ly/autoecomm

Questions & Comments on Twitter: #AutoEcomm

Page 31: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

THANK YOU.

Page 32: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

1 2

3

1 GENERATE MORE QUALIFIED TRAFFIC

2 TURN TRAFFIC INTO CUSTOMERS

3 ANALYZE SALES AND MARKETING

HUBSPOT CAN HELP!

Page 33: Ecommerce Marketing Automation - How to Use Automation and Analytics to Predict Consumer Behaviour and Increase eCommerce Sales

hubspot.com/ecomm

FREE ECOMMERCE SOFTWARE

DEMONSTRATION