Personalised marketing isn’t the future of marketing, it’s what’s happening right now. Here’s a quick explanation of personalised marketing and seven great examples of it in action.
At its most basic level, personalised marketing is when your marketing is shaped to the person receiving it. In our current era, that means taking advantage of data, automation and AI to send bespoke brand communications to each customer and prospect.
It’s simple to understand if you think of it from a customer’s perspective.
Imagine a brand emailing to let you know there’s a sale on a phone that you bought two months ago – this is marketing that’s not personalised. You’re getting information sent to thousands of people in the hope that some percentage of them will find it relevant. This kind of marketing risks wasted resources and tuned-out customers.
Now imagine a brand emailing to let you know there’s a sale on a phone just as you were thinking about buying one. Even more, the email lets you know where your closest store is, and also alerts you to other products you were thinking about purchasing. That’s personalised marketing. It’s when a brand has a good sense of who you are, what you want and when you want it. It’s immensely more effective and drives brand satisfaction.
But businesses have limited resources and time. How can you ensure a bespoke experience for every single customer at scale? It used to be a big problem, but digital solutions like customer relationship management (CRM) technology are remedying that.
With the right systems in place, you can have a detailed, real-time, 360 degree understanding of your customers – their demographic data, location, preferred channels, and more. Through automation, a single user on a marketing platform can then take advantage of that data to send timely, tailored communications to customers, supercharged by AI that simplifies the automation and offers intuitive suggestions to improve your results.
This data has another use. Over time, and again boosted by AI, it gives you the ability to spot trends and missed opportunities and find where there’s room for improvement.
In fact, technology has advanced to the point where customers now expect personalisation. The State of the Connected Customer report found that 66% of customers expect companies to understand their unique needs and expectations and 52% of customers expect offers to always be personalised.
But how does marketing personalisation work in practice? These seven best-in-class examples give a sense of its depth and power.
Everyone’s taste in wine is unique – a pinot grigio lover might very well cringe at the whiff of a pinot noir. That’s why Wine Group, Australia’s leading online cellar door, tapped into Salesforce Marketing Cloud’s journey builder to optimise its email, SMS and social communications.
By analysing and targeting customers based on their preferred drop, it improved the delivery and open rates of its EDMs and experienced a 20-30% increase in online sales. This was boosted by understanding each customer’s purchasing patterns and sending out timely communications.
Every student is different, making personalisation all the more important within education. Math Pathways has made this part of their mission, helping teachers personalise learning and improving maths outcomes for students.
To realise that mission, the organisation needs to personalise its own engagement with a variety of stakeholders. Through Sales Cloud and Pardot, the business automates data collection and segmentation. It also began using Pardot’s Engagement Studio to send tailored messages to different segments, even spinning up personalised landing pages to boost campaigns. This has nearly doubled their email open rates and yielded a 367% improvement in click-through rates.
What should you do if your headquarters are in one place, and your customers are all over the world? That was the challenge facing OFX, a global money transfers company.
If they acted like all its clients were where the HQ was, many people would have been receiving emails somewhere between midnight and four in the morning. Not only would this be inconvenient, it would make clients feel the company couldn’t help them, where in fact it uses a ‘follow the sun’ model of 24/7 customer support.
With the help of Salesforce Marketing Cloud, it not only speaks to people all over the world like they’re a local, it understands what currency type people normally transfer in, and what customer type they are, adjusting each communication accordingly.
A great example of the advantage personalisation has over legacy marketing is what video streaming service Netflix does with the ‘movie poster.’ In conventional advertising, this single image of the movie has to try and appeal to everyone, but thanks to detailed customer data and intelligent algorithms, Netflix is able to deliver specific images to specific audience members.
Take the first season of the hit show ‘Stranger Things.’ If Netflix algorithms determined someone was more a fan of fantasy than any other genre, the image they saw was dominated by an unnatural, red sky. If they liked teen dramas, they saw the show’s main teenage love interest. While this might seem complicated, it’s fundamentally a type of personalisation any company can accomplish. It all begins with data.
Given the above examples, you might assume that only the largest companies can pull off personalised marketing. That isn’t the case. Norths Collective is a collection of clubs and health and fitness centres serving several communities in Australia, and its personalisation is cutting edge.
Implementing Salesforce Marketing Cloud and streamlining all its various systems onto a single platform, it is able to communicate to members with reassuring intimacy. It knows who’s a young mother, who’s a more senior member, and so on. It went from ‘What’s On’ emails that tried to talk to everyone, to targeted emails that only told members only what was relevant to them. They almost doubled open rates in the process.
Ready to delight your own customers and prospects with personalised experiences?
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