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Making it Personal: Finding an Edge in a World of E-Commerce Giants Ramy Badie CEO
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Page 1: Qubit Bright Sparks NYC 2014 - TeeTurtle

Making it Personal:Finding an Edge in a World of E-Commerce Giants

Ramy BadieCEO

Page 2: Qubit Bright Sparks NYC 2014 - TeeTurtle
Page 3: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Avg. Email Open Rate

28.3%FB Audience

456k(+160% from 2013)

Est. 2014 Revenue

$6.3m (+75% from 2013)

Rev. from Repeat Customers

~60%

Page 4: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final ThoughtsPersonalization

Custom Product Recs A/B Testing

E-mail Capture Exit Feedback

Retention Marketing Customer Insights

Segmentation Product Dev Insights

“Hot Combos”

Maximize the value of your technology partners

Page 5: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Proactively Engage with Customers

Page 6: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Proactively Engage with Customers

Page 7: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Proactively Engage with Customers

Page 8: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Proactively Engage with Customers

Page 9: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Proactively Engage with Customers

The Benefits:

1. Increased retention rates

2. Increased purchase frequency

3. Identify issues early

Page 10: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Social Interaction)

Page 11: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Social Interaction)

Page 12: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Social Interaction)

Page 13: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Social Interaction)

Page 14: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Content Delivery)

Page 15: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Content Delivery)

Page 16: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Content Delivery)

Page 17: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Reward Desirable Behavior (Content Delivery)

The Benefits:

1. Increase reach

2. Increase conversion rate

3. Set yourself up as a friend rather than a company

Page 18: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Build a Reputation of Honesty

Page 19: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Build a Reputation of Honesty

Page 20: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Build a Reputation of Honesty

The Benefits:

1. Improve perception of authenticity

2. Reduce the risk of future backlash

3. Customers view this as “refreshing”

Page 21: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Segment on Purchase Behavior

Page 22: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Segment on Purchase Behavior

Frequency Latency Size of Purchase Product Types Coupon Usage

Page 23: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Segment on Purchase Behavior

Page 24: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Segment on Purchase Behavior

The Benefits:

1. Give a well-timed “nudge” at the right point in the purchase cycle

2. Target coupons and sales only to customers who need them

3. Improve e-mail open rates

Page 25: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Understand your Social Segments

Page 26: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Understand your Social Segments

1. Identify a target with each post, and vary targets systematically

Page 27: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Understand your Social Segments

1. Identify a target with each post, and vary targets systematically

2. Ask questions, and use the answers to gain insights into your most engaged customers.

Page 28: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Understand your Social Segments

1. Identify a target with each post, and vary targets systematically

2. Ask questions, and use the answers to gain insights into your most engaged customers.

3. Use purchases to create lookalike audiences cross-targeted by specific interest

Page 29: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Understand your Social Segments

Page 30: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Understand your Social Segments

The Benefits:

1. Prevent FB from filtering out non-engaged fans

2. Get insights from your most engaged customers to cultivate a lookalike community

3. Effectively target audiences for new product releases

Page 31: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Key Takeaways

1. Engage Proactively: the customers who respond will be a strong core that drive your engagement and will be lifelong customers

Page 32: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Key Takeaways

2. Wow someone every day, publicly. A high-visibility funny message or customer service response can go a long way in building brand reputation

Page 33: Qubit Bright Sparks NYC 2014 - TeeTurtle

1. TeeTurtle Stats

2. Technology Partners

3. Personalized Interactions

4. Effective Segmentation

5. Final Thoughts

Key Takeaways

3. In a world of automation, customers appreciate a little human touch. Showing authenticity in brand voice backed by actions is the easiest way to maintain high retention rates and build a fanatical customer base

Page 34: Qubit Bright Sparks NYC 2014 - TeeTurtle

Ramy [email protected]