Revving Up Revenue By Replenishing

windsorcircle 352 views 38 slides Apr 20, 2016
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About This Presentation

We all know that feeling when we’re running out of our favorite product and don’t want to go through the hassle of running to the store or waiting days until it ships. Marketers can easily combat this pain by sending replenishment reminders; a helpful way to assure that a product is refilled bef...


Slide Content

Revving Up Revenue
By Replenishing

Today’s Presenters
Caroline Riddle
Partner Marketing Manager
Windsor Circle
Tim Stipp
eCommerce Analyst
CoffeeForLess
Kaila Garrison
Head of Product Marketing
Oracle Marketing Cloud

For the first 12 people who tweet out #replenish during this webinar
with any marketing takeaways and get a free bag of coffee!

Tweet and Get Caffeinated!

• What is Replenishment
• Industry Metrics
• How CoffeeForLess is using replenishment
• How Oracle Marketing Cloud delivers predictive marketing
to consumers
Agenda

Industry Metrics

Source: ATKearney – Beauty and the eCommerce Beast (2014)
Source: ATKearney – Beauty and the eCommerce Beast (2014)
Source: ATKearney – Beauty and the eCommerce Beast (2014)
Source: ATKearney – Beauty and the eCommerce Beast (2014)
Source: ATKearney – Beauty and the eCommerce Beast (2014)

WindsorCircle.com/
benchmarks

Tim Stipp
eCommerce Analyst
CoffeeForLess

• Are we losing customers?
• Personalized emails at the right time
• Ease & efficiently of automated campaigns
Opportunity

Personalized Replenishment Keeps
Customers Coming Back
! Predictive data science helps identify individual
buying patterns
! Send reminder emails before they run out
! Automatically basket together multiple items up for
replenishment into one email
! Frequency capping
! Easy to install: 47% of users launched campaign in less
than 1 hour

Complete Customer Lifecycle Marketing
Browse
Abandonment
Cart
Abandonment
Segmenting
Customer
Behavior
Post Purchase
Programs
Replenishment
Automation
Analytics

Kaila Garrison
Head of Product Marketing
Oracle Marketing Cloud

• Retention
– Currently 85% of revenue comes from repeat customers

CoffeeForLess

• Problem
– Making campaigns more relevant, timely
CoffeeForLess

Replenishment Campaign

Replenishment Campaign

Replenishment Campaign

Replenishment Campaign

CoffeeForLess Campaign

Customer Feedback
“First I just want to say I LOVE your site.
I seriously get upset when I am not on top
of it and run out of coffee... however I
know your shipping is fast so I rarely have
to go without my kcups.”

The Numbers For CoffeeForLess Are In…
• $.57%RPE%6X#Industry#
average#is#$.10##
• Open#rate#35%#
• 36%%Conversion#
• Over#$150K%in%revenue%

Implementing Data-Driven Campaigns in
Oracle Responsys

About Windsor Circle
We#are#a#Predic<ve#Lifecycle#and#
Reten<on#Marke<ng#PlaCorm#that#Helps#
You#Grow#Customer#Life<me#Value#
• 350+#clients#
• 35MM#consumers#
• 80+#employees##
WindsorCircle.com/Replenish%

Q&A