An article in the October issue of Internet Retailer, observes that “although the Internet makes it possible to personalize offers to shoppers, most e-retailers and other online businesses are failing to optimize web site content to improve the chances that shoppers will become buyers.”
Mike Chertudi, vice president of demand and online marketing for Omniture notes, “The majority of businesses aren’t optimizing their on-site conversion,” Omniture has teamed with Marketing Experiments to conduct the 2009 Online Conversion Benchmark Survey. The purpose of the survey, which began in June, is to help online marketers better understand best practices in onsite conversion, and know how they compare to their peers. Data is being compiled from more than 1,000 companies, of which more than half are retailers. Among the findings as of late August: About 80% of retailers don’t present personalized content based on shoppers’ interests suggested by analytics and clickstream data.
One-to-One Merchandising Works for Motorcycle Superstore
Proving that personalized product recommendations work, Motorcycle Superstore saw a 21.7% revenue increase in the first week after launching an email campaign on September 21st that incorporated personalized product recommendations.
Motorcycle Superstore uses behavioral data -- gathered with WebTrends technology combined with its e-mail marketing application from ExactTarget -- to send email messages with personalized product recommendations. These items appear as “Your Picks” in the lower part of the email and are based on the customer’s website visiting habits over the previous two weeks.
Commenting on the power of data-driven offer personalization, Erick Barney, vice president of marketing at Motorcycle Superstore, says “I believe this feature is so effective because rather than guessing at a handful of products to appeal to our entire customer base, we can merchandise products directly related to each customer’s historical interaction with our store.” Motorcycle Superstore is No. 223 in the Internet Retailer Top 500 Guide.
Learn more about combining precision one-to-one communications and comprehensive web analytics by integrating ExactTarget and Webtrends.
Mike Chertudi, vice president of demand and online marketing for Omniture notes, “The majority of businesses aren’t optimizing their on-site conversion,” Omniture has teamed with Marketing Experiments to conduct the 2009 Online Conversion Benchmark Survey. The purpose of the survey, which began in June, is to help online marketers better understand best practices in onsite conversion, and know how they compare to their peers. Data is being compiled from more than 1,000 companies, of which more than half are retailers. Among the findings as of late August: About 80% of retailers don’t present personalized content based on shoppers’ interests suggested by analytics and clickstream data.
One-to-One Merchandising Works for Motorcycle Superstore
Proving that personalized product recommendations work, Motorcycle Superstore saw a 21.7% revenue increase in the first week after launching an email campaign on September 21st that incorporated personalized product recommendations. Motorcycle Superstore uses behavioral data -- gathered with WebTrends technology combined with its e-mail marketing application from ExactTarget -- to send email messages with personalized product recommendations. These items appear as “Your Picks” in the lower part of the email and are based on the customer’s website visiting habits over the previous two weeks.
Commenting on the power of data-driven offer personalization, Erick Barney, vice president of marketing at Motorcycle Superstore, says “I believe this feature is so effective because rather than guessing at a handful of products to appeal to our entire customer base, we can merchandise products directly related to each customer’s historical interaction with our store.” Motorcycle Superstore is No. 223 in the Internet Retailer Top 500 Guide.
Learn more about combining precision one-to-one communications and comprehensive web analytics by integrating ExactTarget and Webtrends.
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