Retailers and consumer packaged goods marketers that include coupons in consumer email communications are experiencing higher open and click-through rates.
As reported in the November 19th eMarketer Daily Newsletter, “There is a pronounced difference between open rates for e-mails that include a coupon offer and those that do not. Open rates of around 24% to 25% for coupon e-mails dropped to just 16% to 18% for non-coupon campaigns.”
The eMarketer article also confirms that “Higher open rates for coupon offers translated into higher click rates as well, though the difference was much smaller. emails with coupons that could be used online were most likely to be clicked, at 4%.”
As coupon use expands, I believe those brands that are able to personalize offers to the product needs and purchase behavior of individual consumers will have a distinct advantage over those brands that practice a “one-size-fits-all” coupon strategy. To learn more about technology that enables marketers to deliver relevant and timely offers – including coupons -- based on email subscriber data and behavior, check out ExactTarget Live Offers at ExactTarget.com
What About Mobile Coupons?
Are mobile coupons ready for prime time? Not quite, but we’re getting there fast – really fast. According to a recent Mobile Marketing Survey of 511 consumers by HipCricket, 83% of US consumers say their favorite brand has yet to market to them via their mobile phone, even though 37% say they would be interested in participating in a mobile customer loyalty program from a brand they trust.
This indicates growing consumer interest in mobile marketing and represents a significant -- but largely untapped -- opportunity for brands to connect with customers on mobile devices. “With consumer interest in mobile marketing continuing to steadily increase, it’s clear that now is the time for brands to launch and execute their mobile strategy and programs,” said Scott Debson, HipCricket’s VP of brand solutions.
It seems that brands are starting to listen. Ten million digital coupons were redeemed in the first six months of 2009, up 25% from a year ago, according to Inmar, a coupon-processing company. But they still account for less than half a percent of all coupons distributed.
Top Tips for Using Mobile Coupons
If you’re looking for practical insight on how to use mobile coupons effectively, check back here to see my next post, “Five tips for using Mobile Coupons to Drive in-store Traffic.”
As reported in the November 19th eMarketer Daily Newsletter, “There is a pronounced difference between open rates for e-mails that include a coupon offer and those that do not. Open rates of around 24% to 25% for coupon e-mails dropped to just 16% to 18% for non-coupon campaigns.”
The eMarketer article also confirms that “Higher open rates for coupon offers translated into higher click rates as well, though the difference was much smaller. emails with coupons that could be used online were most likely to be clicked, at 4%.”
As coupon use expands, I believe those brands that are able to personalize offers to the product needs and purchase behavior of individual consumers will have a distinct advantage over those brands that practice a “one-size-fits-all” coupon strategy. To learn more about technology that enables marketers to deliver relevant and timely offers – including coupons -- based on email subscriber data and behavior, check out ExactTarget Live Offers at ExactTarget.com
What About Mobile Coupons?
Are mobile coupons ready for prime time? Not quite, but we’re getting there fast – really fast. According to a recent Mobile Marketing Survey of 511 consumers by HipCricket, 83% of US consumers say their favorite brand has yet to market to them via their mobile phone, even though 37% say they would be interested in participating in a mobile customer loyalty program from a brand they trust.
This indicates growing consumer interest in mobile marketing and represents a significant -- but largely untapped -- opportunity for brands to connect with customers on mobile devices. “With consumer interest in mobile marketing continuing to steadily increase, it’s clear that now is the time for brands to launch and execute their mobile strategy and programs,” said Scott Debson, HipCricket’s VP of brand solutions.
It seems that brands are starting to listen. Ten million digital coupons were redeemed in the first six months of 2009, up 25% from a year ago, according to Inmar, a coupon-processing company. But they still account for less than half a percent of all coupons distributed.
Top Tips for Using Mobile Coupons
If you’re looking for practical insight on how to use mobile coupons effectively, check back here to see my next post, “Five tips for using Mobile Coupons to Drive in-store Traffic.”
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