30-second summary:
Selligent Marketing Cloud’s third annual global consumer survey index highlights consumer shopping trends, how COVID-19 has changed habits, and what marketers can do to promote customer loyalty and advocacy
Sylvie Tongco, VP of Communications and Corporate Marketing, shares four areas marketers can prioritize:
Be More Than Informative; Be Helpful
Make the Shopping Experience Easy
Be the Brand that Keeps on Giving
Make Every Interaction Count
COVID-19 has turned nearly every facet of life upside-down, and as a result, there are several industries that have suffered significantly over the last six months. Retail is perhaps at the top of this list. Retailers of all types have had to get creative when it comes to targeting new customers, keeping loyal customers engaged and satisfied, and finding new ways to deliver unique yet consistent customer experiences.
Selligent conducted its third annual global consumer study, which asked people about their shopping habits pre-COVID, how they’ve changed, and what offers from retailers they most appreciate.
The findings shed light on several digital marketing opportunities that retailers can use to support customers.
Be more than informative; be helpful
In the early days of COVID-19, your email inbox was likely bursting with messages along the lines of “we know this is hard” and “we’re here for you.” While those were appreciated — 48% of people welcomed such messages of empathy – it’s time to do more than sending a feel-good email.
An astounding 75% of consumers have reported loss of employment (laid off, reduced hours or pay, furloughed etc.) due to COVID-19, triggering the large majority (60%) of consumers to modify purchases to focus on essential items, like food and safety products.
What marketers can do
Consumers prioritize and welcome brand messages that center on deals and sales, given many are now much more budget-conscious than ever before. Rather than send an email that states “we care about you,” retailers are encouraged to take it a step further and make them tangible: 51% of consumers believe that free products and buyer perks (secret sales, free shipping, promo codes) are the best ways for brands to put those words into action.
Make the shopping experience easy
Consumers run the gamut on their comfort level with shopping in-store, but the vast majority now require flexibility in the shopping experience itself.
Consider this: 29% of consumers note their buying behaviors have forever changed and plan to shop more online than in-person. Consumers now want to know whether the product they want is available before they go to the store to make a purchase.
Additionally, a large majority of shoppers place importance on health and safety practices. Many also intend to take advantage of flexible shopping options, like contact-less and curbside pick-up or check-in options:
70% want the ability to know product availability before ordering online or going in-store
76% expect real-time app or email updates on delays or changes when making a purchase
76% desire clearly communicated safety protocols
64% want mobile and contactless pick-up or check-in options
What marketers can do
Be flexible and put particular effort in tying inventory to the digital shopping experience.
For mobile and online orders, if a customer knows they can click buy and simply drive to the nearest location without as much as exiting their vehicle to get their products, the seamless, as-easy-as-it-gets experiences will win them over.
If curbside pick-up isn’t an option, explore different ways to satisfy customers by offering services that will mirror the experience.
Given the importance of safety, communicate how that is being addressed for in-store shopping, and leverage customer service to support those efforts.
Be the brand that keeps on giving
Sure, one-time sales and deals garner the most attention, but it’s what retailers are doing ongoing that are boosting customer loyalty.
When it comes to brand advocacy, 56% of consumers rate free products, great loyalty or rewards programs, and consistent excellent customer service as the factors that keeps them most loyal.
Great loyalty programs create opportunities to consistently engage with customers, and add to making loyal customers feel special. Retailers that incentivize engagement and purchases can set themselves up for long term success.
What marketers can do
Identify your most loyal customers early and often, and reward them!
That can be anything from a free shipping code, early access to a sale, or the chance to earn bonus reward points on certain days, for certain items, or as a ‘thank you’ for posting a review of a product or sharing a promo code with their friends and family.
Creating opportunities that help a customer’s dollar go further will almost always come back to benefit the business in one way or another.
Make every interaction count
All of the effort put into making digital customer experiences top-notch will only benefit the business if you design marketing strategies to capture and activate important customer engagement data.
The point of building customer profiles through digital marketing is to use data insights to inform how future experiences are tailored. Doing so accomplishes a number of important things, including:
Surfacing relevant content individual consumers care most about
Making the most out of a consumer’s preferred channel
59% of consumer prefer communications via email; 16% only want text messages; 10% want messages to live in an app
Teaching you about your business and products that are a hit (or a miss)
If you focus on delivering customer experiences that span multiple channels – email, in-store, app, website, etc. – and can tie activity together using a smart CX-focused marketing platform, you will do wonders for your ability to target, engage, and activate your customer base.
What marketers can do
Do your homework to assess your marketing automation and technology needs and source a technology platform company that can listen to your challenges and deliver solutions that help solve them.
Most CX and marketing platforms offer a wide range of solutions, but not all emphasize the importance and potential of data.
In order to succeed during perhaps the most challenging time the retail industry has faced in the last decade, using technology to your advantage is likely the smartest move a retailer can make.
Sylvie Tongco is VP of Communications and Corporate Marketing at Selligent. Based in San Francisco, she has worked in the technology industry for more than 15 years, managing PR, corporate, internal and marketing communications. Passionate about storytelling, Sylvie has spent the majority of her career helping Silicon Valley startups, enterprise companies and venture capital firms unlock their stories to build long-term brand and thought leadership. When not at work, she enjoys good food and traveling the world for multiple Pearl Jam tour dates at a time.
The post Four ways to boost digital marketing effectiveness for retailers appeared first on ClickZ.
Source: ClickZ
Link: Four ways to boost digital marketing effectiveness for retailers