For this campaign my job is to create, manage, track, and complete a mock email marketing campaign. I am given a fictional business to build the email campaign around.
I will rewrite two smart goals based on the information below so that they meet the smart criteria and give explanations as to why.
Scenario:
"You’re part of the digital marketing team at Feels Like Home, an upscale furniture retailer that does most of its business online. The company is launching a new line of furniture called For All, which is designed to expand their customer base. The For All line features the brand’s high level of craftsmanship, but at a lower price point than their previous offerings. Feels Like Home’s main business goal for the For All line is to grow their total active customer base by 30% within a year of launch.
You’re in charge of the email campaign for the launch of this new line. You and your team have set two email marketing goals to support Feels Like Home’s overall business goal:
Goal 1: Grow the email subscriber list by the end of September
Goal 2: Increase the monthly email conversion rate
Your next task is to turn these goals into SMART goals. To do this, you’ll use the information from the meeting notes below:
The For All line will officially launch at the end of June, three months from today.
The email subscriber list is currently about 100,000 people, and we currently add new subscribers at a rate of about 1,000 per month. There is high interest among target audiences, and market research indicates that 2,000 per month is a reasonable target.
Only 35% of current email subscribers have ever made a purchase. Surveys indicate that the other 65% are interested in Feels Like Home’s existing products, but the high price point has been the main obstacle to purchase.
We estimate that a substantial number of new customers will come from our current subscriber list if we segment for the new product line.
The average monthly conversion rate for email subscribers is currently 5%. Bringing that rate up to 7% per month within six months of launch will help us reach our business goal. An increase of this size is in line with industry benchmarks.
Segmenting our email list will help us reach the right subscribers and maximize conversions.
Giving discounts to existing subscribers who refer friends or family members should help grow the email list. Social media and paid media specialists are also working to grow the list.
I will segment parts of the subscriber list for three email topics.
Scenario:
"When people sign up for the email list, they can customize their experience by responding to a series of questions. These questions are designed to collect data that you will use to segment the list for different types of emails. Some of the questions include:
What is your main challenge (aside from cost) when buying furniture?
What room(s) are you most interested in furnishing?
Would you like to receive emails about special promotions?
Would you like to be notified of in-store events?
Using subscriber responses to these questions, you will segment the list for three email topics:
Promotional email with discounts on space-saving furniture solutions for small kitchens
Promotional email with information about exclusive in-store sales
Newsletter with tips for keeping bedroom and living room furniture safe from pets"
With this information I segmented the lists into three ways:
All subscribers who selected “kitchen/dining room” and “small space” are assigned Small kitchen solutions content.
All subscribers who selected “yes” for both “in-store events” and “special promotions” are assigned In-store sales content.
All subscribers who selected “pet-friendliness” and “bedroom” OR “living room/den” are assigned Pet-friendly content.
In this part of the campaign my job is to complete a short email series that will welcome new subscribers to an email list. Each email should have a subject line, body and a call to action.
Scenario:
"As the digital marketer in charge of the email campaign for the launch of the For All furniture line, you’ve already set SMART goals and segmented your email list. Now you’re planning the email content for your campaign.
One of your tasks is to write a series of three emails designed to welcome new subscribers and encourage them to make a purchase:
A welcome email with a discount code, sent to all subscribers immediately after signup
A newsletter that introduces subscribers to the For All line
A promotional email that remarkets products subscribers visited on the website and reminds them of the discount code
The emails are already partially drafted. To complete them, you will provide a subject line, body text, or call to action for each. "
After this I was required to take a quiz and analyze the data provided.
Create a Presentation for Stakeholders
I will analyze the data from the email marketing campaign. Then I will create a presentation to convey the most important results to stakeholders.
Scenario:
" Now you’re preparing to present your findings to stakeholders. You’ve created a slide deck that visualizes some of the KPIs you identified. The deck includes seven slides:
Slide 1: A title slide
Slide 2: Campaign SMART goals and activities
Slide 3: A list of campaign KPIs
Slide 4: A column chart that tracks new email subscribers added each month from April to August. Write a short paragraph (at least 2-3 sentences) describing any action items that could help you optimize this metric below your summary (next to Recommendations).
Slide 5: A column chart that compares this year’s monthly conversion rates with last year’s rates during the same period (April-August). Review the conversion rate chart. Then write a short paragraph (at least 2-3 sentences) summarizing the results next to Summary in the speaker notes section (below the slide). Write a short paragraph (at least 2-3 sentences) describing any action items that could help you optimize this metric below your summary (next to Recommendations).
Slide 6: An area chart that displays the weekly open rates and click-to-open rates for For All campaign emails in July and August. Review the open rate and click-to-open rate chart. Then write a short paragraph (at least 2-3 sentences) summarizing the results next to Summary in the speaker notes (section below the slide). Write a short paragraph (at least 2-3 sentences) describing any action items that could help you optimize these metrics below your summary (next to Recommendations).
Slide 7: Conclusion and next steps. Write a few sentences (or bullet points) in the text box on Slide 7. Your conclusion should tie together the main points of your presentation and outline next steps and recommendations."